81_FR_89701 81 FR 89463 - Notice of Termination of the Receivership of 10316, Gulf State Community Bank, Carrabelle, Florida

81 FR 89463 - Notice of Termination of the Receivership of 10316, Gulf State Community Bank, Carrabelle, Florida

FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 81, Issue 238 (December 12, 2016)

Page Range89463-89463
FR Document2016-29637

Federal Register, Volume 81 Issue 238 (Monday, December 12, 2016)
[Federal Register Volume 81, Number 238 (Monday, December 12, 2016)]
[Notices]
[Page 89463]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-29637]



[[Page 89463]]

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FEDERAL DEPOSIT INSURANCE CORPORATION


Notice of Termination of the Receivership of 10316, Gulf State 
Community Bank, Carrabelle, Florida

    The Federal Deposit Insurance Corporation (``FDIC''), as Receiver 
for 10316, Gulf State Community Bank, Carrabelle, Florida 
(``Receiver''), has been authorized to take all actions necessary to 
terminate the receivership estate of Gulf State Community Bank 
(``Receivership Estate''); the Receiver has made all dividend 
distributions required by law. The Receiver has further irrevocably 
authorized and appointed FDIC-Corporate as its attorney-in-fact to 
execute and file any and all documents that may be required to be 
executed by the Receiver which FDIC-Corporate, in its sole discretion, 
deems necessary; including but not limited to releases, discharges, 
satisfactions, endorsements, assignments and deeds. Effective December 
1, 2016, the Receivership Estate has been terminated, the Receiver 
discharged, and the Receivership Estate has ceased to exist as a legal 
entity.

    Dated: December 6, 2016.

Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2016-29637 Filed 12-9-16; 8:45 am]
 BILLING CODE 6714-01-P



                                                                             Federal Register / Vol. 81, No. 238 / Monday, December 12, 2016 / Notices                                               89463

                                                  FEDERAL DEPOSIT INSURANCE                               comments received from the public and                 OMWI director to develop standards for
                                                  CORPORATION                                             other agencies.                                       assessing regulated entities’ diversity
                                                                                                          FOR FURTHER INFORMATION CONTACT:                      policies and practices and are voluntary.
                                                  Notice of Termination of the                            Federal Reserve Board Clearance                          The Standard regarding transparency,
                                                  Receivership of 10316, Gulf State                          Officer—Nuha Elmaghrabi—Office of                  and a portion of the self-assessment
                                                  Community Bank, Carrabelle, Florida                        the Chief Data Officer, Board of                   Standard, call for regulated entities to
                                                     The Federal Deposit Insurance                           Governors of the Federal Reserve                   provide information to the public, so
                                                  Corporation (‘‘FDIC’’), as Receiver for                    System, Washington, DC 20551, (202)                confidentiality is not an issue with
                                                  10316, Gulf State Community Bank,                          452–3829. Telecommunications                       respect to those aspects of the Policy. A
                                                  Carrabelle, Florida (‘‘Receiver’’), has                    Device for the Deaf (TDD) users may
                                                                                                                                                                regulated entity may provide self-
                                                  been authorized to take all actions                        contact (202) 263–4869, Board of
                                                                                                                                                                assessment material to the Board that
                                                  necessary to terminate the receivership                    Governors of the Federal Reserve
                                                                                                             System, Washington, DC 20551.                      contains confidential commercial
                                                  estate of Gulf State Community Bank                                                                           information protectable under
                                                  (‘‘Receivership Estate’’); the Receiver                 OMB Desk Officer—Shagufta Ahmed—
                                                                                                             Office of Information and Regulatory               exemption 4 of the Freedom of
                                                  has made all dividend distributions                                                                           Information Act, 5 U.S.C. 552(b)(4), and
                                                  required by law. The Receiver has                          Affairs, Office of Management and
                                                                                                             Budget, New Executive Office                       may request that the information be kept
                                                  further irrevocably authorized and                                                                            confidential on a case-by-case basis. The
                                                  appointed FDIC-Corporate as its                            Building, Room 10235, 725 17th
                                                                                                             Street NW., Washington, DC 20503.                  Federal Reserve will determine whether
                                                  attorney-in-fact to execute and file any
                                                                                                             Final approval under OMB delegated                 the information is entitled to
                                                  and all documents that may be required
                                                                                                          authority of the extension for three                  confidential treatment on an ad hoc
                                                  to be executed by the Receiver which
                                                  FDIC-Corporate, in its sole discretion,                 years, with revision, of the following                basis in connection with such a request.
                                                  deems necessary; including but not                      report:                                               As noted in the Policy Statement, an
                                                  limited to releases, discharges,                           Report title: Joint Standards for                  entity’s primary federal regulator may
                                                  satisfactions, endorsements,                            Assessing Diversity Policies and                      share information obtained from
                                                  assignments and deeds. Effective                        Practices.                                            regulated entities with other Agencies,
                                                  December 1, 2016, the Receivership                         Agency form number: FR 2100.                       but will publish information disclosed
                                                  Estate has been terminated, the Receiver                   OMB control number: 7100–0368.                     to them only in a form that does not
                                                  discharged, and the Receivership Estate                    Frequency: Annual.                                 identify a particular entity or individual
                                                  has ceased to exist as a legal entity.                     Respondents: Financial institutions                or disclose confidential business
                                                                                                          regulated by the Federal Reserve.                     information.
                                                    Dated: December 6, 2016.
                                                                                                             Estimated annual burden hours: 3,912
                                                  Federal Deposit Insurance Corporation.                                                                           Current Actions: The Federal Reserve
                                                                                                          hours.
                                                  Valerie J. Best,                                           Estimated average hours per response:              previously received OMB approval for a
                                                  Assistant Executive Secretary.                          8 hours.                                              voluntary information collection with
                                                  [FR Doc. 2016–29637 Filed 12–9–16; 8:45 am]                Number of respondents: 488.                        respect to the Policy Statement,
                                                  BILLING CODE 6714–01–P                                     General description of report: Section             pursuant to which entities regulated by
                                                                                                          342 of the Dodd-Frank Wall Street                     the Federal Reserve voluntarily self-
                                                                                                          Reform and Consumer Protection Act of                 assess their diversity policies and
                                                                                                          2010 (Dodd-Frank Act) requires the                    practices.1 This revision to that
                                                  FEDERAL RESERVE SYSTEM
                                                                                                          Office of the Comptroller of the                      collection adds the Diversity Self-
                                                  Agency Information Collection                           Currency (OCC), Board of Governors of                 Assessment Template to assist with the
                                                  Activities: Announcement of Board                       the Federal Reserve System (Board),                   self-assessment. The Template (1) asks
                                                  Approval Under Delegated Authority                      Federal Deposit Insurance Corporation                 for general information about a
                                                  and Submission to OMB                                   (FDIC), National Credit Union                         respondent; (2) includes a checklist of
                                                                                                          Administration (NCUA), Bureau of                      the standards set forth in the Policy
                                                  AGENCY:   Board of Governors of the                     Consumer Financial Protection (CFPB),                 Statement; (3) seeks additional diversity
                                                  Federal Reserve System.                                 and Securities and Exchange                           data; and (4) provides an opportunity
                                                  SUMMARY: The Board of Governors of the                  Commission (SEC) (the Agencies) each                  for a respondent to provide other
                                                  Federal Reserve System (Board or                        to establish an Office of Minority and                information regarding or comment on
                                                  Federal Reserve) is adopting a proposal                 Women Inclusion (OMWI) to be                          the self-assessment of its diversity
                                                  to revise, with revision, the Joint                     responsible for all matters of the Agency             policies and practices.
                                                  Standards for Assessing Diversity                       relating to diversity in management,
                                                  Policies and Practices (Policy                          employment, and business activities.                     On September 27, 2016, the Federal
                                                  Statement).                                             Section 342 requires each OMWI                        Reserve published a notice in the
                                                    On June 15, 1984, the Office of                       director to develop standards for                     Federal Register (81 FR 66275)
                                                  Management and Budget (OMB)                             ‘‘assessing the diversity policies and                requesting comment on the proposal to
                                                  delegated to the Board authority under                  practices of entities regulated by the                include a reporting tool entitled
                                                  the Paperwork Reduction Act (PRA) to                    agency.’’ The Policy Statement,                       ‘‘Diversity Self-Assessment Template.’’
                                                  approve of and assign OMB control                       published jointly by the Agencies in                  The comment period for this notice
                                                  numbers to collection of information                    June 2015, contain those standards.                   expired on November 28, 2016. The
mstockstill on DSK3G9T082PROD with NOTICES




                                                  requests and requirements conducted or                     Legal authorization and                            Federal Reserve did not receive any
                                                  sponsored by the Board. In exercising                   confidentiality: The Board’s Legal                    comments. The reporting template will
                                                  this delegated authority, the Board is                  Division has determined that the                      be implemented as proposed.
                                                  directed to take every reasonable step to               information collections contained
                                                  solicit comment. In determining                         within the Policy Statement are
                                                  whether to approve a collection of                      authorized by section 342 of the Dodd-
                                                  information, the Board will consider all                Frank Act, which requires the Board’s                   1   80 FR 33016 (June 10, 2015).



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Document Created: 2018-02-14 09:05:42
Document Modified: 2018-02-14 09:05:42
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 89463 

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