81_FR_28160 81 FR 28071 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

81 FR 28071 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 81, Issue 89 (May 9, 2016)

Page Range28071-28071
FR Document2016-10828

Federal Register, Volume 81 Issue 89 (Monday, May 9, 2016)
[Federal Register Volume 81, Number 89 (Monday, May 9, 2016)]
[Notices]
[Page 28071]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-10828]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other 
applicable statutes and regulations to become a bank holding company 
and/or to acquire the assets or the ownership of, control of, or the 
power to vote shares of a bank or bank holding company and all of the 
banks and nonbanking companies owned by the bank holding company, 
including the companies listed below.
    The applications listed below, as well as other related filings 
required by the Board, are available for immediate inspection at the 
Federal Reserve Bank indicated. The applications will also be available 
for inspection at the offices of the Board of Governors. Interested 
persons may express their views in writing on the standards enumerated 
in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the 
acquisition of a nonbanking company, the review also includes whether 
the acquisition of the nonbanking company complies with the standards 
in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, 
nonbanking activities will be conducted throughout the United States.
    Unless otherwise noted, comments regarding each of these 
applications must be received at the Reserve Bank indicated or the 
offices of the Board of Governors not later than May 24, 2016.
    A. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. First Interstate BancSystem, Inc., Billings, Montana; to acquire 
100 percent of the voting shares of Flathead Bank of Bigfork, Bigfork, 
Montana.

    Board of Governors of the Federal Reserve System, May 4, 2016.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
[FR Doc. 2016-10828 Filed 5-6-16; 8:45 am]
 BILLING CODE 6210-01-P



                                                                                           Federal Register / Vol. 81, No. 89 / Monday, May 9, 2016 / Notices                                                             28071

                                                  FEDERAL DEPOSIT INSURANCE                                         SUMMARY:   Notice is hereby given that                            29491). For further information
                                                  CORPORATION                                                       the Federal Deposit Insurance                                     concerning the identification of any
                                                                                                                    Corporation (Corporation) has been                                institutions which have been placed in
                                                  Update to Notice of Financial                                     appointed the sole receiver for the                               liquidation, please visit the Corporation
                                                  Institutions for Which the Federal                                following financial institutions effective                        Web site at www.fdic.gov/bank/
                                                  Deposit Insurance Corporation Has                                 as of the Date Closed as indicated in the                         individual/failed/banklist.html or
                                                  Been Appointed Either Receiver,                                   listing. This list (as updated from time                          contact the Manager of Receivership
                                                  Liquidator, or Manager                                            to time in the Federal Register) may be                           Oversight in the appropriate service
                                                                                                                    relied upon as ‘‘of record’’ notice that                          center.
                                                  AGENCY: Federal Deposit Insurance
                                                  Corporation.                                                      the Corporation has been appointed                                  Dated: May 3, 2016.
                                                                                                                    receiver for purposes of the statement of                         Federal Deposit Insurance Corporation.
                                                  ACTION:  Update Listing of Financial                              policy published in the July 2, 1992                              Robert E. Feldman,
                                                  Institutions in Liquidation.                                      issue of the Federal Register (57 FR                              Executive Secretary.

                                                                                                                             INSTITUTIONS IN LIQUIDATION
                                                                                                                                     [In alphabetical order]

                                                           FDIC Ref. No.                                               Bank name                                                     City                    State   Date closed

                                                  10519 ................................   Trust Company Bank ....................................................    Memphis ............................    TN        4/29/2016



                                                  [FR Doc. 2016–10749 Filed 5–6–16; 8:45 am]                          A. Federal Reserve Bank of                                      FOR FURTHER INFORMATION CONTACT:
                                                  BILLING CODE 6714–01–P                                            Minneapolis (Jacquelyn K. Brunmeier,                              Government Accountability Office:
                                                                                                                    Assistant Vice President) 90 Hennepin                             Mary Giffin, (202) 512–3710. Medicaid
                                                                                                                    Avenue, Minneapolis, Minnesota                                    and CHIP Payment and Access
                                                  FEDERAL RESERVE SYSTEM                                            55480–0291:                                                       Commission: Anne L. Schwartz,
                                                                                                                      1. First Interstate BancSystem, Inc.,                           Executive Director, (202) 350–2000.
                                                  Formations of, Acquisitions by, and                               Billings, Montana; to acquire 100                                 SUPPLEMENTARY INFORMATION: The
                                                  Mergers of Bank Holding Companies                                 percent of the voting shares of Flathead                          Children’s Health Insurance Program
                                                                                                                    Bank of Bigfork, Bigfork, Montana.                                Reauthorization Act of 2009 (CHIPRA)
                                                    The companies listed in this notice                                                                                               established MACPAC to report to
                                                  have applied to the Board for approval,                             Board of Governors of the Federal Reserve
                                                                                                                    System, May 4, 2016.                                              Congress on Medicaid and CHIP access
                                                  pursuant to the Bank Holding Company                                                                                                and payment policies and make
                                                  Act of 1956 (12 U.S.C. 1841 et seq.)                              Margaret McCloskey Shanks,
                                                                                                                    Deputy Secretary of the Board.                                    recommendations to Congress, the
                                                  (BHC Act), Regulation Y (12 CFR part                                                                                                Secretary of Health and Human
                                                  225), and all other applicable statutes                           [FR Doc. 2016–10828 Filed 5–6–16; 8:45 am]
                                                                                                                                                                                      Services, and the states concerning
                                                  and regulations to become a bank                                  BILLING CODE 6210–01–P
                                                                                                                                                                                      access to Medicaid and CHIP covered
                                                  holding company and/or to acquire the                                                                                               services. CHIPRA gave the Comptroller
                                                  assets or the ownership of, control of, or                                                                                          General of the United States
                                                  the power to vote shares of a bank or                             GOVERNMENT ACCOUNTABILITY                                         responsibility for appointing MACPAC’s
                                                  bank holding company and all of the                               OFFICE                                                            17 members. Appointments are for 3
                                                  banks and nonbanking companies                                                                                                      years, except for members appointed to
                                                  owned by the bank holding company,                                Change in Medicaid and CHIP Payment                               fill vacancies and for initial members,
                                                  including the companies listed below.                             and Access Commission Terms                                       for which staggered terms were
                                                    The applications listed below, as well                                                                                            required.
                                                  as other related filings required by the                          AGENCY:  Government Accountability
                                                                                                                                                                                         Pursuant to that authority, all initial
                                                  Board, are available for immediate                                Office (GAO).
                                                                                                                                                                                      appointments were effective January 1,
                                                  inspection at the Federal Reserve Bank                            ACTION: Notice on terms of                                        2010, but were staggered so that 5 ended
                                                  indicated. The applications will also be                          appointments.                                                     in December 2010, 6 ended in December
                                                  available for inspection at the offices of                                                                                          2011, and 6 ended in December 2012.
                                                  the Board of Governors. Interested                                SUMMARY:  In accordance with the
                                                                                                                                                                                      The Comptroller General has continued
                                                  persons may express their views in                                Children’s Health Insurance Program
                                                                                                                                                                                      to make appointments effective in
                                                  writing on the standards enumerated in                            Reauthorization Act of 2009, the
                                                                                                                                                                                      January of each year since the initial
                                                  the BHC Act (12 U.S.C. 1842(c)). If the                           Comptroller General appoints the 17
                                                                                                                                                                                      appointments.
                                                  proposal also involves the acquisition of                         members of the Medicaid and CHIP                                     In consultation with the Commission,
                                                  a nonbanking company, the review also                             Payment and Access Commission                                     the Comptroller General has concluded
                                                  includes whether the acquisition of the                           (MACPAC). This notice announces the                               that members’ terms should be changed
                                                  nonbanking company complies with the                              extension of all current members for an                           to more closely match the Commission’s
                                                  standards in section 4 of the BHC Act                             additional 4 months.                                              business cycle. The current January 1 to
                                                  (12 U.S.C. 1843). Unless otherwise                                DATES: Effective Date: May 9, 2016.                               December 31 terms are out of step with
mstockstill on DSK3G9T082PROD with NOTICES




                                                  noted, nonbanking activities will be                              ADDRESSES: The Government                                         that cycle; the Commission carries out
                                                  conducted throughout the United States.                           Accountability Office is at 441 G St.                             significant planning activities in the
                                                    Unless otherwise noted, comments                                NW., Washington, DC 20548. The                                    summer and finalizes its two reports in
                                                  regarding each of these applications                              Medicaid and CHIP Payment and                                     late January and April of each year.
                                                  must be received at the Reserve Bank                              Access Commission is at 1800 M St.                                Terms that begin May 1 and end April
                                                  indicated or the offices of the Board of                          NW., Suite 650 South, Washington, DC                              30 would coincide more closely with
                                                  Governors not later than May 24, 2016.                            20036.                                                            the Commission’s work schedule and


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Document Created: 2018-02-07 14:49:47
Document Modified: 2018-02-07 14:49:47
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation81 FR 28071 

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