81 FR 66022 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies
FEDERAL RESERVE SYSTEM Federal Register Volume 81, Issue 186 (September 26, 2016)
Federal Register Volume 81, Issue 186 (September 26, 2016)
| Page Range | 66022-66022 | |
| FR Document | 2016-23077 |
[Federal Register Volume 81, Number 186 (Monday, September 26, 2016)] [Notices] [Page 66022] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-23077] ======================================================================= ----------------------------------------------------------------------- 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 October 21, 2016. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414: 1. Monona Bankshares, Inc., Monona, Wisconsin; to merge with MCB Bankshares, Inc., Middleton, Wisconsin, and thereby indirectly acquire Middleton Community Bank, Middleton, Wisconsin. B. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001: 1. Big Mac Bancshares, Inc., Hoxie, Kansas; to acquire 100 percent of the voting shares of Financial Shares, Inc., Morland, Kansas, and thereby indirectly acquire Citizens State Bank, Morland, Kansas. Board of Governors of the Federal Reserve System, September 21, 2016. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2016-23077 Filed 9-23-16; 8:45 am] BILLING CODE 6210-01-P
![66022 Federal Register / Vol. 81, No. 186 / Monday, September 26, 2016 / Notices
Federal Deposit Insurance Corporation. acquire Citizens State Bank, Morland, Commission, 600 Pennsylvania Avenue
Valerie J. Best, Kansas. NW., CC–8232, Washington, DC 20580,
Assistant Executive Secretary. Board of Governors of the Federal Reserve (202) 326–2509.
[FR Doc. 2016–23061 Filed 9–23–16; 8:45 am] System, September 21, 2016. SUPPLEMENTARY INFORMATION: On May
BILLING CODE 6714–01–P Michele Taylor Fennell, 25, 2016, the FTC sought public
Assistant Secretary of the Board. comment on the information collection
[FR Doc. 2016–23077 Filed 9–23–16; 8:45 am]
requirements associated with the
Prescreen Opt-Out Rule, 16 CFR part
FEDERAL RESERVE SYSTEM BILLING CODE 6210–01–P
642, the shared enforcement with the
CFPB of the provisions (subpart F) of
Formations of, Acquisitions by, and the CFPB’s Regulation V, regarding
Mergers of Bank Holding Companies FEDERAL TRADE COMMISSION other entities (‘‘CFPB Rule’’), and the
The companies listed in this notice FTC’s associated PRA burden analysis.1
Agency Information Collection
have applied to the Board for approval, No comments were received. Pursuant
Activities; Submission for OMB
pursuant to the Bank Holding Company to the OMB regulations, 5 CFR part
Review; Comment Request
Act of 1956 (12 U.S.C. 1841 et seq.) 1320, that implement the PRA, 44
(BHC Act), Regulation Y (12 CFR part AGENCY: Federal Trade Commission U.S.C. 3501 et seq., the FTC is providing
225), and all other applicable statutes (FTC). this second opportunity for public
and regulations to become a bank ACTION: Notice and request for comment. comment while seeking OMB approval
holding company and/or to acquire the to renew the pre-existing clearance for
assets or the ownership of, control of, or SUMMARY: In compliance with the the Rule. All comments should be filed
the power to vote shares of a bank or Paperwork Reduction Act (PRA) of as prescribed herein, and must be
bank holding company and all of the 1995, the FTC is seeking public received on or before October 26, 2016.
banks and nonbanking companies comments on its request to OMB for a Comments on the information
owned by the bank holding company, three-year extension of the current PRA collection requirements subject to
including the companies listed below. clearance for the information collection review under the PRA should
The applications listed below, as well requirements contained in the Prescreen additionally be submitted to OMB. If
as other related filings required by the Opt-Out Notice Rule (‘‘Prescreen Opt- sent by U.S. mail, they should be
Board, are available for immediate Out Rule’’ or ‘‘Rule’’), which applies to addressed to Office of Information and
inspection at the Federal Reserve Bank certain motor vehicle dealers, and its Regulatory Affairs, Office of
indicated. The applications will also be shared enforcement with the Consumer Management and Budget, Attention:
available for inspection at the offices of Financial Protection Bureau (‘‘CFPB’’) of Desk Officer for the Federal Trade
the provisions (subpart F) of the CFPB’s Commission, New Executive Office
the Board of Governors. Interested
Regulation V regarding other entities Building, Docket Library, Room 10102,
persons may express their views in
(‘‘CFPB Rule’’). This clearance expires 725 17th Street NW., Washington, DC
writing on the standards enumerated in
on October 31, 2016. 20503. Comments sent to OMB by U.S.
the BHC Act (12 U.S.C. 1842(c)). If the
DATES: Comments must be received by postal mail, however, are subject to
proposal also involves the acquisition of
October 26, 2016. delays due to heightened security
a nonbanking company, the review also
ADDRESSES: Interested parties may file a
precautions. Thus, comments instead
includes whether the acquisition of the
comment online or on paper by should be sent by facsimile to (202)
nonbanking company complies with the
following the instructions in the 395–5167.
standards in section 4 of the BHC Act
(12 U.S.C. 1843). Unless otherwise Request for Comments part of the Burden Statement
noted, nonbanking activities will be SUPPLEMENTARY INFORMATION section
The FTC is seeking clearance for its
conducted throughout the United States. below. Write ‘‘Prescreen Opt-Out Notice assumed share of the estimated PRA
Unless otherwise noted, comments Rule: FTC File No. P075417’’ on your burden regarding the disclosure
regarding each of these applications comment, and file your comment online requirements under the FTC and CFPB
must be received at the Reserve Bank at https://ftcpublic.commentworks.com/ Rules. The FTC’s assumed share of
indicated or the offices of the Board of ftc/prescreenoptoutpra2 by following estimated PRA burden, explained in the
Governors not later than October 21, the instructions on the web-based form. May 25, 2016 Notice, is 998 annual
2016. If you prefer to file your comment on hours and $249,500 in annual labor
A. Federal Reserve Bank of Chicago paper, mail or deliver your comment to costs, with the added assumption that
(Colette A. Fried, Assistant Vice the following address: Federal Trade capital and other non-labor costs should
President) 230 South LaSalle Street, Commission, Office of the Secretary, be minimal, at most, since the Rule has
Chicago, Illinois 60690–1414: 600 Pennsylvania Avenue NW., Suite been in effect several years, with
1. Monona Bankshares, Inc., Monona, CC–5610 (Annex J), Washington, DC covered entities now equipped to
Wisconsin; to merge with MCB 20580, or deliver your comment to the provide the required notice.
Bankshares, Inc., Middleton, Wisconsin, following address: Federal Trade
and thereby indirectly acquire Commission, Office of the Secretary, Request for Comment
Middleton Community Bank, Constitution Center, 400 7th Street SW., You can file a comment online or on
Middleton, Wisconsin. 5th Floor, Suite 5610 (Annex J), paper. For the Commission to consider
B. Federal Reserve Bank of Kansas Washington, DC 20024. your comment, we must receive it on or
mstockstill on DSK3G9T082PROD with NOTICES
City (Dennis Denney, Assistant Vice FOR FURTHER INFORMATION CONTACT: before October 26, 2016. Write
President) 1 Memorial Drive, Kansas Requests for copies of the collection of ‘‘Prescreen Opt-Out Notice Rule: FTC
City, Missouri 64198–0001: information and supporting File No. P075417’’ on your comment.
1. Big Mac Bancshares, Inc., Hoxie, documentation should be addressed to Your comment—including your name
Kansas; to acquire 100 percent of the Karen Jagielski, Attorney, Division of and your state—will be placed on the
voting shares of Financial Shares, Inc., Privacy and Identity Protection, Bureau
Morland, Kansas, and thereby indirectly of Consumer Protection, Federal Trade 1 81 FR 33255.
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Document Created: 2018-02-09 13:22:44
Document Modified: 2018-02-09 13:22:44
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| FR Citation | 81 FR 66022 |
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