82_FR_23909 82 FR 23810 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

82 FR 23810 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 99 (May 24, 2017)

Page Range23810-23810
FR Document2017-10651

Federal Register, Volume 82 Issue 99 (Wednesday, May 24, 2017)
[Federal Register Volume 82, Number 99 (Wednesday, May 24, 2017)]
[Notices]
[Page 23810]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-10651]



[[Page 23810]]

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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of a Bank 
or Bank Holding Company

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank 
holding company. The factors that are considered in acting on the 
notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. The notices also will be available for 
inspection at the offices of the Board of Governors. Interested persons 
may express their views in writing to the Reserve Bank indicated for 
that notice or to the offices of the Board of Governors. Comments must 
be received not later than June 12, 2017.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Michael S. McCracken, Spencer, Indiana; to acquire voting shares 
of Owen Financial Corporation, and thereby indirectly acquire shares of 
Owen County State Bank, both of Spencer, Indiana.
    B. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Mark Edward Davis, Saint Peter, Minnesota, Stanley Martin Davis, 
Plymouth, Minnesota, Martin Edward Davis, Excelsior, Minnesota, Mark 
Mitchell, Davis, Excelsior, Minnesota; as a group acting in concert, to 
acquire voting shares of Bancommunity Service Corporation, Saint Peter, 
Minnesota, and thereby indirectly acquire voting shares of First 
National Bank Minnesota, Saint Peter, Minnesota.

    Board of Governors of the Federal Reserve System, May 19, 2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-10651 Filed 5-23-17; 8:45 am]
 BILLING CODE 6210-01-P



                                                    23810                        Federal Register / Vol. 82, No. 99 / Wednesday, May 24, 2017 / Notices

                                                    FEDERAL RESERVE SYSTEM                                  (BHC Act), Regulation Y (12 CFR part                  DATES:  Comments must be filed by June
                                                                                                            225), and all other applicable statutes               23, 2017.
                                                    Change in Bank Control Notices;                         and regulations to become a bank                      ADDRESSES: Interested parties may file a
                                                    Acquisitions of Shares of a Bank or                     holding company and/or to acquire the                 comment online or on paper, by
                                                    Bank Holding Company                                    assets or the ownership of, control of, or            following the instructions in the
                                                                                                            the power to vote shares of a bank or                 Request for Comment part of the
                                                      The notificants listed below have
                                                                                                            bank holding company and all of the                   SUPPLEMENTARY INFORMATION section
                                                    applied under the Change in Bank                        banks and nonbanking companies
                                                    Control Act (12 U.S.C. 1817(j)) and                                                                           below. Write ‘‘Paperwork Comment:
                                                                                                            owned by the bank holding company,                    FTC File No. P084401’’ on your
                                                    § 225.41 of the Board’s Regulation Y (12                including the companies listed below.
                                                    CFR 225.41) to acquire shares of a bank                                                                       comment, and file your comment online
                                                                                                               The applications listed below, as well             at https://ftcpublic.commentworks.com/
                                                    or bank holding company. The factors                    as other related filings required by the              ftc/funeralrulepra2 by following the
                                                    that are considered in acting on the                    Board, are available for immediate                    instructions on the web-based form. If
                                                    notices are set forth in paragraph 7 of                 inspection at the Federal Reserve Bank                you prefer to file your comment on
                                                    the Act (12 U.S.C. 1817(j)(7)).                         indicated. The applications will also be              paper, write ‘‘Paperwork Comment: FTC
                                                      The notices are available for                         available for inspection at the offices of            File No. P084401’’ on your comment
                                                    immediate inspection at the Federal                     the Board of Governors. Interested                    and on the envelope, and mail your
                                                    Reserve Bank indicated. The notices                     persons may express their views in                    comment to the following address:
                                                    also will be available for inspection at                writing on the standards enumerated in                Federal Trade Commission, Office of the
                                                    the offices of the Board of Governors.                  the BHC Act (12 U.S.C. 1842(c)). If the               Secretary, 600 Pennsylvania Avenue
                                                    Interested persons may express their                    proposal also involves the acquisition of             NW., Suite CC–5610 (Annex J),
                                                    views in writing to the Reserve Bank                    a nonbanking company, the review also                 Washington, DC 20580, or deliver your
                                                    indicated for that notice or to the offices             includes whether the acquisition of the               comment to the following address:
                                                    of the Board of Governors. Comments                     nonbanking company complies with the                  Federal Trade Commission, Office of the
                                                    must be received not later than June 12,                standards in section 4 of the BHC Act                 Secretary, Constitution Center, 400 7th
                                                    2017.                                                   (12 U.S.C. 1843). Unless otherwise
                                                      A. Federal Reserve Bank of Chicago                                                                          Street SW., 5th Floor, Suite 5610,
                                                                                                            noted, nonbanking activities will be                  Washington, DC 20024.
                                                    (Colette A. Fried, Assistant Vice                       conducted throughout the United States.
                                                    President) 230 South LaSalle Street,                                                                          FOR FURTHER INFORMATION CONTACT:
                                                                                                               Unless otherwise noted, comments                   Requests for additional information or
                                                    Chicago, Illinois 60690–1414:                           regarding each of these applications
                                                      1. Michael S. McCracken, Spencer,                                                                           copies of the proposed information
                                                                                                            must be received at the Reserve Bank                  requirements for the Funeral Rule
                                                    Indiana; to acquire voting shares of                    indicated or the offices of the Board of
                                                    Owen Financial Corporation, and                                                                               should be directed to Craig Tregillus,
                                                                                                            Governors not later than June 20, 2017.               Attorney, Division of Marketing
                                                    thereby indirectly acquire shares of                       A. Federal Reserve Bank of Chicago
                                                    Owen County State Bank, both of                                                                               Practices, Bureau of Consumer
                                                                                                            (Colette A. Fried, Assistant Vice
                                                    Spencer, Indiana.                                                                                             Protection, Federal Trade Commission,
                                                                                                            President) 230 South LaSalle Street,
                                                      B. Federal Reserve Bank of                                                                                  600 Pennsylvania Avenue NW., Room
                                                                                                            Chicago, Illinois 60690–1414:
                                                    Minneapolis (Jacquelyn K. Brunmeier,                                                                          8607, Washington, DC 20580, (202) 326–
                                                                                                               1. Merchants Bancorp, Carmel,
                                                    Assistant Vice President) 90 Hennepin                                                                         2970.
                                                                                                            Indiana; to acquire 100 percent of the
                                                    Avenue, Minneapolis, Minnesota                          voting shares of Joy State Bank, Joy,                 SUPPLEMENTARY INFORMATION: On March
                                                    55480–0291:                                             Illinois.                                             6, 2017, the FTC sought public comment
                                                      1. Mark Edward Davis, Saint Peter,                                                                          on the information collection
                                                                                                              Board of Governors of the Federal Reserve           requirements in the Funeral Rule
                                                    Minnesota, Stanley Martin Davis,                        System, May 19, 2017.
                                                    Plymouth, Minnesota, Martin Edward                                                                            (‘‘March 6, 2017 Notice’’),1 16 CFR part
                                                                                                            Yao-Chin Chao,
                                                    Davis, Excelsior, Minnesota, Mark                                                                             453 (OMB Control Number 3084–0025).
                                                                                                            Assistant Secretary of the Board.                     No relevant comments were received.
                                                    Mitchell, Davis, Excelsior, Minnesota; as
                                                                                                            [FR Doc. 2017–10650 Filed 5–23–17; 8:45 am]           Pursuant to the OMB regulations, 5 CFR
                                                    a group acting in concert, to acquire
                                                    voting shares of Bancommunity Service                   BILLING CODE 6210–01–P                                part 1320, that implement the PRA, 44
                                                    Corporation, Saint Peter, Minnesota,                                                                          U.S.C. 3501 et seq., the FTC is providing
                                                    and thereby indirectly acquire voting                                                                         this second opportunity for public
                                                    shares of First National Bank Minnesota,                FEDERAL TRADE COMMISSION                              comment while seeking OMB approval
                                                    Saint Peter, Minnesota.                                                                                       to renew clearance for the Rule’s
                                                                                                            Agency Information Collection                         information collection requirements.
                                                      Board of Governors of the Federal Reserve             Activities; Submission for OMB
                                                    System, May 19, 2017.
                                                                                                                                                                     Burden statement: The estimated
                                                                                                            Review; Comment Request; Extension                    burden associated with the collection of
                                                    Yao-Chin Chao,
                                                                                                            AGENCY:   Federal Trade Commission                    information required by the Rule is
                                                    Assistant Secretary of the Board.                                                                             19,322 hours for recordkeeping, 103,345
                                                    [FR Doc. 2017–10651 Filed 5–23–17; 8:45 am]
                                                                                                            (‘‘FTC’’ or ‘‘Commission’’).
                                                                                                            ACTION: Notice.
                                                                                                                                                                  hours for disclosure, and 38,644 hours
                                                    BILLING CODE 6210–01–P                                                                                        for compliance training for a cumulative
                                                                                                            SUMMARY: The FTC intends to ask the                   total of 161,311 hours. This estimate is
                                                                                                            Office of Management and Budget                       based on the number of funeral
asabaliauskas on DSK3SPTVN1PROD with NOTICES




                                                    FEDERAL RESERVE SYSTEM                                  (‘‘OMB’’) to extend for an additional                 providers (approximately 19,322),2 the
                                                                                                            three years the current Paperwork                     number of funerals per year (an
                                                    Formations of, Acquisitions by, and
                                                    Mergers of Bank Holding Companies                       Reduction Act (‘‘PRA’’) clearance for
                                                                                                            information collection requirements                     1 82 FR 12602 (March 6, 2017).
                                                                                                                                                                    2 The estimated number of funeral providers is
                                                      The companies listed in this notice                   contained in its Funeral Industry
                                                                                                                                                                  from 2017 data provided on the National Funeral
                                                    have applied to the Board for approval,                 Practice Rule (‘‘Funeral Rule’’ or                    Directors Association (‘‘NFDA’’) Web site (see
                                                    pursuant to the Bank Holding Company                    ‘‘Rule’’). That clearance expires on July             http://www.nfda.org/news/statistics) (within
                                                    Act of 1956 (12 U.S.C. 1841 et seq.)                    31, 2017.                                             ‘‘General Funeral Service Facts’’).



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Document Created: 2017-05-24 01:03:13
Document Modified: 2017-05-24 01:03:13
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 Citation82 FR 23810 

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