81_FR_96245 81 FR 95995 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

81 FR 95995 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 81, Issue 250 (December 29, 2016)

Page Range95995-95995
FR Document2016-31580

Federal Register, Volume 81 Issue 250 (Thursday, December 29, 2016)
[Federal Register Volume 81, Number 250 (Thursday, December 29, 2016)]
[Notices]
[Page 95995]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-31580]



[[Page 95995]]

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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 January 23, 2017.
    A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528. 
Comments can also be sent electronically to 
[email protected]:
    1. Access National Corporation, Reston, Virginia; to acquire all of 
the voting securities of Middleburg Financial Corporation, and thereby 
indirectly acquire Middleburg Bank, both in Middleburg, Virginia.
    In connection with this application, Applicant has also applied to 
acquire Middleburg Trust Company, Richmond, Virginia, and Middleburg 
Investment Group, Inc., Middleburg, Virginia, and thereby engage in 
trust, funds management, and investment advisory activities pursuant to 
sections 225.28(b)(5), (b)(6)(i) and (b)(7)(i), respectively.

    Board of Governors of the Federal Reserve System, December 23, 
2016.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2016-31580 Filed 12-28-16; 8:45 am]
 BILLING CODE 6210-01-P



                                                                              Federal Register / Vol. 81, No. 250 / Thursday, December 29, 2016 / Notices                                                   95995

                                                    FEDERAL RESERVE SYSTEM                                    Board of Governors of the Federal Reserve           Proposed Information Collection
                                                                                                            System, December 23, 2016.                            Activities
                                                    Formations of, Acquisitions by, and                     Yao-Chin Chao,
                                                                                                                                                                     Under the Paperwork Reduction Act
                                                    Mergers of Bank Holding Companies                       Assistant Secretary of the Board.                     (PRA), 44 U.S.C. 3501–3520, federal
                                                                                                            [FR Doc. 2016–31580 Filed 12–28–16; 8:45 am]          agencies must get OMB approval for
                                                      The companies listed in this notice                   BILLING CODE 6210–01–P                                each collection of information they
                                                    have applied to the Board for approval,
                                                                                                                                                                  conduct, sponsor, or require.
                                                    pursuant to the Bank Holding Company                                                                          ‘‘Collection of information’’ means
                                                    Act of 1956 (12 U.S.C. 1841 et seq.)                    FEDERAL TRADE COMMISSION                              agency requests or requirements to
                                                    (BHC Act), Regulation Y (12 CFR part                                                                          submit reports, keep records, or provide
                                                    225), and all other applicable statutes                 Agency Information Collection                         information to a third party. 44 U.S.C.
                                                    and regulations to become a bank                        Activities; Proposed Collection;                      3502(3); 5 CFR 1320.3(c). As required by
                                                    holding company and/or to acquire the                   Comment Request                                       section 3506(c)(2)(A) of the PRA, the
                                                    assets or the ownership of, control of, or                                                                    FTC is providing this opportunity for
                                                                                                            AGENCY: Federal Trade Commission
                                                    the power to vote shares of a bank or                                                                         public comment before requesting that
                                                                                                            (FTC or Commission).
                                                    bank holding company and all of the                                                                           OMB extend the existing PRA clearance
                                                    banks and nonbanking companies                          ACTION: Notice.
                                                                                                                                                                  for the information collection
                                                    owned by the bank holding company,                      SUMMARY:   The information collection                 requirements associated with the
                                                    including the companies listed below.                   requirements described below will be                  Commission’s Rule Governing Pre-sale
                                                      The applications listed below, as well                submitted to the Office of Management                 Availability of Written Warranty Terms,
                                                    as other related filings required by the                and Budget (OMB) for review, as                       (the Pre-sale Availability Rule), 16 CFR
                                                    Board, are available for immediate                      required by the Paperwork Reduction                   part 702 (OMB Control Number 3084–
                                                    inspection at the Federal Reserve Bank                  Act (PRA). The FTC seeks public                       0112).
                                                    indicated. The applications will also be                comments on its proposal to extend, for                  The FTC invites comments on: (1)
                                                    available for inspection at the offices of              three years, the current PRA clearance                Whether the proposed collection of
                                                    the Board of Governors. Interested                      for information collection requirements               information is necessary for the proper
                                                    persons may express their views in                      contained in its Rule Governing Pre-sale              performance of the functions of the
                                                    writing on the standards enumerated in                  Availability of Written Warranty Terms.               agency, including whether the
                                                    the BHC Act (12 U.S.C. 1842(c)). If the                 That clearance expires on March 31,                   information will have practical utility;
                                                    proposal also involves the acquisition of               2017.                                                 (2) the accuracy of the agency’s estimate
                                                    a nonbanking company, the review also                   DATES: Comments must be received on
                                                                                                                                                                  of the burden of the proposed collection
                                                    includes whether the acquisition of the                 or before February 27, 2017.                          of information, including the validity of
                                                    nonbanking company complies with the                                                                          the methodology and assumptions used;
                                                                                                            ADDRESSES: Interested parties may file a
                                                    standards in section 4 of the BHC Act                                                                         (3) ways to enhance the quality, utility,
                                                                                                            comment online or on paper by
                                                    (12 U.S.C. 1843). Unless otherwise                                                                            and clarity of the information to be
                                                                                                            following the instructions in the
                                                    noted, nonbanking activities will be                                                                          collected; and (4) ways to minimize the
                                                                                                            Request for Comments part of the
                                                    conducted throughout the United States.                                                                       burden of the collection of information
                                                                                                            SUPPLEMENTARY INFORMATION section
                                                                                                                                                                  on those who are to respond. All
                                                      Unless otherwise noted, comments                      below. Write ‘‘Warranty Rules:
                                                                                                                                                                  comments must be received on or before
                                                    regarding each of these applications                    Paperwork Comment, FTC File No.
                                                                                                                                                                  February 27, 2017.
                                                    must be received at the Reserve Bank                    P044403’’ on your comment, and file
                                                                                                                                                                     The Pre-sale Availability Rule, 16 CFR
                                                    indicated or the offices of the Board of                your comment online at https://
                                                                                                                                                                  702, is one of three rules 1 that the FTC
                                                    Governors not later than January 23,                    ftcpublic.commentworks.com/ftc/
                                                                                                                                                                  issued as required by the Magnuson
                                                    2017.                                                   presaleavailabilityrulepra by following
                                                                                                                                                                  Moss Warranty Act, 15 U.S.C. 2301 et
                                                      A. Federal Reserve Bank of Richmond                   the instructions on the web-based form.
                                                                                                                                                                  seq. (Warranty Act or Act).2 The Pre-sale
                                                    (Adam M. Drimer, Assistant Vice                         If you prefer to file your comment on
                                                                                                                                                                  Availability Rule requires sellers and
                                                                                                            paper, mail or deliver your comment to
                                                    President) 701 East Byrd Street,                                                                              warrantors to make the text of any
                                                                                                            the following address: Federal Trade
                                                    Richmond, Virginia 23261–4528.                                                                                written warranty on a consumer product
                                                                                                            Commission, Office of the Secretary,
                                                    Comments can also be sent                                                                                     costing more than $15 available to the
                                                                                                            600 Pennsylvania Avenue NW., Suite
                                                    electronically to                                                                                             consumer before sale. Among other
                                                                                                            CC–5610 (Annex J), Washington, DC
                                                    Comments.applications@rich.frb.org:                                                                           things, the Rule requires sellers to make
                                                                                                            20580, or deliver your comment to the
                                                      1. Access National Corporation,                                                                             the text of the warranty readily available
                                                                                                            following address: Federal Trade
                                                    Reston, Virginia; to acquire all of the                                                                       either by (1) displaying it in close
                                                                                                            Commission, Office of the Secretary,
                                                    voting securities of Middleburg                                                                               proximity to the product or (2)
                                                                                                            Constitution Center, 400 7th Street SW.,
                                                    Financial Corporation, and thereby                                                                            furnishing it on request and posting
                                                                                                            5th Floor, Suite 5610 (Annex J),
                                                    indirectly acquire Middleburg Bank,                                                                           signs in prominent locations advising
                                                                                                            Washington, DC 20024.
                                                    both in Middleburg, Virginia.                                                                                 consumers that the warranty is
                                                                                                            FOR FURTHER INFORMATION CONTACT:                      available. The Rule requires warrantors
                                                      In connection with this application,                  Requests for copies of the collection of              to provide materials to enable sellers to
                                                    Applicant has also applied to acquire                   information and supporting
asabaliauskas on DSK3SPTVN1PROD with NOTICES




                                                                                                                                                                  comply with the Rule’s requirements
                                                    Middleburg Trust Company, Richmond,                     documentation should be addressed to                  and also sets out the methods by which
                                                    Virginia, and Middleburg Investment                     Christine M. Todaro, Attorney, Division
                                                    Group, Inc., Middleburg, Virginia, and                  of Marketing Practices, Bureau of                       1 The other two rules relate to the information

                                                    thereby engage in trust, funds                          Consumer Protection, Federal Trade                    that must appear in a written warranty on a
                                                    management, and investment advisory                     Commission, 600 Pennsylvania Avenue                   consumer product costing more than $15 if a
                                                                                                                                                                  warranty is offered and minimum standards for
                                                    activities pursuant to sections                         NW., CC–8528, Washington, DC 20580,                   informal dispute settlement mechanisms that are
                                                    225.28(b)(5), (b)(6)(i) and (b)(7)(i),                  (202) 326–3711.                                       incorporated into a written warranty.
                                                    respectively.                                           SUPPLEMENTARY INFORMATION:                              2 40 FR 60168 (Dec. 31, 1975).




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Document Created: 2016-12-29 01:58:34
Document Modified: 2016-12-29 01:58:34
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 95995 

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