82 FR 34310 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 140 (July 24, 2017)

Page Range		34310-34311
FR Document		2017-15451

Federal Register, Volume 82 Issue 140 (Monday, July 24, 2017)

[Federal Register Volume 82, Number 140 (Monday, July 24, 2017)]
[Notices]
[Pages 34310-34311]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-15451]


=======================================================================
-----------------------------------------------------------------------

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 August 18, 2017.
    A. Federal Reserve Bank of Boston (Prabal Chakrabarti, Senior Vice 
President), 600 Atlantic Avenue, Boston, Massachusetts 02210-2204. 
Comments can also be sent electronically to 
[email protected]:
    1. South Shore Bancorp, MHC, South Weymouth, Massachusetts; to 
acquire Braintree Bancorp, MHC, Braintree, Massachusetts, and thereby 
indirectly acquire Braintree Co-operative Bank, Braintree, 
Massachusetts.


[[Page 34311]]


    Board of Governors of the Federal Reserve System, July 19, 2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-15451 Filed 7-21-17; 8:45 am]
 BILLING CODE 6210-01-P

34310 Federal Register / Vol. 82, No. 140 / Monday, July 24, 2017 / Notices

Environmental commenter’s will be receivership shall be terminated, to be Dated: July 19, 2017.
placed on the Commission’s effective no sooner than thirty days after Federal Deposit Insurance Corporation.
environmental mailing list, will receive the date of this notice. If any person Robert E. Feldman,
copies of the environmental documents, wishes to comment concerning the Executive Secretary.
and will be notified of meetings termination of the receivership, such
[FR Doc. 2017–15438 Filed 7–21–17; 8:45 am]
associated with the Commission’s comment must be made in writing and
environmental review process. sent within thirty days of the date of BILLING CODE 6714–01–P

Environmental commenter’s will not be this notice to: Federal Deposit Insurance
required to serve copies of filed Corporation Division of Resolutions and
documents on all other parties. Receiverships, Attention: Receivership
However, the non-party commentary, Oversight Department 34.6, 1601 Bryan FEDERAL RESERVE SYSTEM
will not receive copies of all documents Street, Dallas, TX 75201.
filed by other parties or issued by the Formations of, Acquisitions by, and
No comments concerning the
Commission (except for the mailing of Mergers of Bank Holding Companies
termination of this receivership will be
environmental documents issued by the considered which are not sent within
The companies listed in this notice
Commission) and ill not have the right this time frame.
have applied to the Board for approval,
to seek court review of the Dated: July 19, 2017. pursuant to the Bank Holding Company
Commission’s final order.
Federal Deposit Insurance Corporation. Act of 1956 (12 U.S.C. 1841 et seq.)
The Commission strongly encourages
Robert E. Feldman, (BHC Act), Regulation Y (12 CFR part
electronic filings of comments, protests
and interventions in lieu of paper using Executive Secretary. 225), and all other applicable statutes
the eFiling link at http://www.ferc.gov. [FR Doc. 2017–15439 Filed 7–21–17; 8:45 am] and regulations to become a bank
Persons unable to file electronically BILLING CODE 6714–01–P holding company and/or to acquire the
should submit an original and 5 copies assets or the ownership of, control of, or
of the protest or intervention to the the power to vote shares of a bank or
Federal Energy Regulatory Commission, FEDERAL DEPOSIT INSURANCE bank holding company and all of the
888 First Street NE., Washington, DC CORPORATION banks and nonbanking companies
20426. See 18 CFR 385.2001(a)(1)(iii) owned by the bank holding company,
Notice to All Interested Parties of the including the companies listed below.
and the instructions on the
Termination of the Receivership of
Commission’s Web site under the The applications listed below, as well
10133—Riverview Community Bank,
e-Filing link. as other related filings required by the
Otsego, Minnesota
Comment Date: 5:00 p.m. Eastern Board, are available for immediate
Time on August 7, 2017. Notice is hereby given that the inspection at the Federal Reserve Bank
Dated: July 17, 2017. Federal Deposit Insurance Corporation indicated. The applications will also be
Kimberly D. Bose, (FDIC) as Receiver for Riverview available for inspection at the offices of
Community Bank, Otsego, Minnesota the Board of Governors. Interested
Secretary.
(‘‘the Receiver’’) intends to terminate its persons may express their views in
[FR Doc. 2017–15428 Filed 7–21–17; 8:45 am]
receivership for said institution. The writing on the standards enumerated in
BILLING CODE 6717–01–P
FDIC was appointed Receiver of the BHC Act (12 U.S.C. 1842(c)). If the
Riverview Community Bank on October proposal also involves the acquisition of
23, 2009. The liquidation of the a nonbanking company, the review also
FEDERAL DEPOSIT INSURANCE receivership assets has been completed. includes whether the acquisition of the
CORPORATION To the extent permitted by available nonbanking company complies with the
funds and in accordance with law, the standards in section 4 of the BHC Act
Notice to All Interested Parties of the
Receiver will be making a final dividend (12 U.S.C. 1843). Unless otherwise
Termination of the Receivership of
payment to proven creditors. noted, nonbanking activities will be
10151—Commerce Bank of Southwest
Based upon the foregoing, the conducted throughout the United States.
Florida Fort Myers, Florida
Receiver has determined that the Unless otherwise noted, comments
Notice Is Hereby Given: that the continued existence of the receivership regarding each of these applications
Federal Deposit Insurance Corporation will serve no useful purpose. must be received at the Reserve Bank
(FDIC) as Receiver for Commerce Bank Consequently, notice is given that the indicated or the offices of the Board of
of Southwest Florida, Fort Myers, receivership shall be terminated, to be Governors not later than August 18,
Florida (‘‘the Receiver’’) intends to effective no sooner than thirty days after 2017.
terminate its receivership for said the date of this notice. If any person
institution. The FDIC was appointed wishes to comment concerning the A. Federal Reserve Bank of Boston
Receiver of Commerce Bank of termination of the receivership, such (Prabal Chakrabarti, Senior Vice
Southwest Florida on November 20, comment must be made in writing and President), 600 Atlantic Avenue,
2009. The liquidation of the sent within thirty days of the date of Boston, Massachusetts 02210–2204.
receivership assets has been completed. this notice to: Federal Deposit Insurance Comments can also be sent
To the extent permitted by available Corporation, Division of Resolutions electronically to
funds and in accordance with law, the and Receiverships, Attention: BOS.SRC.Applications.Comments@
mstockstill on DSK30JT082PROD with NOTICES

Receiver will be making a final dividend Receivership Oversight Department bos.frb.org:
payment to proven creditors. 34.6, 1601 Bryan Street, Dallas, TX 1. South Shore Bancorp, MHC, South
Based upon the foregoing, the 75201. Weymouth, Massachusetts; to acquire
Receiver has determined that the No comments concerning the Braintree Bancorp, MHC, Braintree,
continued existence of the receivership termination of this receivership will be Massachusetts, and thereby indirectly
will serve no useful purpose. considered which are not sent within acquire Braintree Co-operative Bank,
Consequently, notice is given that the this time frame. Braintree, Massachusetts.

VerDate Sep<11>2014 18:13 Jul 21, 2017 Jkt 241001 PO 00000 Frm 00036 Fmt 4703 Sfmt 4703 E:\FR\FM\24JYN1.SGM 24JYN1

Federal Register / Vol. 82, No. 140 / Monday, July 24, 2017 / Notices 34311

Board of Governors of the Federal Reserve modified for technical reasons. e. Estimates of capital or startup costs
System, July 19, 2017. Accordingly, your comments will not be and costs of operation, maintenance,
Yao-Chin Chao, edited to remove any identifying or and purchase of services to provide
Assistant Secretary of the Board. contact information. Public comments information.
[FR Doc. 2017–15451 Filed 7–21–17; 8:45 am] may also be viewed electronically or in At the end of the comment period, the
BILLING CODE 6210–01–P paper form in Room 3515, 1801 K Street comments and recommendations
(between 18th and 19th Streets NW.) received will be analyzed to determine
Washington, DC 20006 between 9:00 the extent to which the Federal Reserve
FEDERAL RESERVE SYSTEM a.m. and 5:00 p.m. on weekdays. should modify the proposed revisions
Additionally, commenters may send a prior to giving final approval.
Proposed Agency Information copy of their comments to the OMB
Collection Activities; Comment Proposal To Approve Under OMB
Desk Officer—Shagufta Ahmed—Office Delegated Authority the Extension for
Request of Information and Regulatory Affairs, Three Years, Without Revision, of the
AGENCY: Board of Governors of the Office of Management and Budget, New Following Report
Federal Reserve System. Executive Office Building, Room 10235,
725 17th Street NW., Washington, DC Report title: Application for
ACTION: Notice; request for comment. Exemption from Prohibited Service at
20503 or by fax to (202) 395–6974.
FOR FURTHER INFORMATION CONTACT: A
Savings and Loan Holding Companies.
SUMMARY: The Board of Governors of the
Agency form number: FR LL–12.
Federal Reserve System (Board) invites copy of the PRA OMB submission, OMB control number: 7100–0337.
comment on a proposal to extend for including the proposed reporting form Frequency: On occasion.
three years, without revision, the and instructions, supporting statement, Respondents: Individuals and savings
Application for Exemption from and other documentation will be placed and loan holding companies.
Prohibited Service at Savings and Loan into OMB’s public docket files, once Estimated number of respondents: 15.
Holding Companies (FR LL–12; OMB approved. These documents will also be Estimated average hours per response:
No. 7100–0338). made available on the Federal Reserve 16.
On June 15, 1984, the Office of Board’s public Web site at: http:// Estimated annual burden hours: 240.
Management and Budget (OMB) www.federalreserve.gov/apps/ General Description of Report: The
delegated to the Board authority under reportforms/review.aspx or may be Federal Deposit Insurance (FDI) Act and
the Paperwork Reduction Act (PRA) to requested from the agency clearance Regulation LL (12 CFR part 238)
approve and assign OMB control officer, whose name appears below. prohibit individuals who have been
numbers to collection of information Federal Reserve Board Clearance convicted of certain criminal offenses or
requests and requirements conducted or Officer—Nuha Elmaghrabi—Office of who have agreed to enter into a pretrial
sponsored by the Board. In exercising the Chief Data Officer, Board of diversion or similar program in
this delegated authority, the Board is Governors of the Federal Reserve connection with a prosecution for such
directed to take every reasonable step to System, Washington, DC 20551, (202) criminal offenses from participating in
solicit comment. In determining 452–3829. Telecommunications Device the affairs of a savings and loan holding
whether to approve a collection of for the Deaf (TDD) users may contact company (SLHC) or any of its
information, the Board will consider all (202) 263–4869, Board of Governors of subsidiaries without the written consent
comments received from the public and the Federal Reserve System, of the Board. In order for such a person
other agencies. Washington, DC 20551. to participate in the conduct of the
DATES: Comments must be submitted on SUPPLEMENTARY INFORMATION: affairs of any SLHC, the SLHC or the
or before September 22, 2017. individual must file an application
Request for Comment on Information seeking to obtain an exemption from the
ADDRESSES: You may submit comments,
Collection Proposal Board. The Board will use any
identified by FR LL–12, by any of the
following methods: The Board invites public comment on information provided by the applicant
• Agency Web site: http:// the following information collection, when considering an exemption request
www.federalreserve.gov. Follow the which is being reviewed under concerning a prohibited person. Such
instructions for submitting comments at authority delegated by the OMB under considerations will include, but are not
http://www.federalreserve.gov/apps/ the PRA. Comments are invited on the limited to, whether the prohibited
foia/proposedregs.aspx. following: person would participate in the major
• Federal eRulemaking Portal: http:// a. Whether the proposed collection of policymaking functions of the SLHC or
www.regulations.gov. Follow the information is necessary for the proper would threaten the safety and
instructions for submitting comments. performance of the Federal Reserve’s soundness of any subsidiary insured
• Email: regs.comments@ functions; including whether the depository institution of the SLHC or
federalreserve.gov. Include OMB information has practical utility; the public confidence in the insured
number in the subject line of the b. The accuracy of the Federal depository institution.
message. Reserve’s estimate of the burden of the Legal authorization and
• Fax: (202) 452–3819 or (202) 452– proposed information collection, confidentiality: The Board has
3102. including the validity of the determined that this information
• Mail: Ann E. Misback, Secretary, methodology and assumptions used; collection is authorized by section
Board of Governors of the Federal c. Ways to enhance the quality, 19(e)(2) of the FDI Act, which states that
mstockstill on DSK30JT082PROD with NOTICES

Reserve System, 20th Street and utility, and clarity of the information to the ‘‘Board . . . may provide
Constitution Avenue NW., Washington, be collected; exemptions [from the prohibition] by
DC 20551. d. Ways to minimize the burden of regulation or order . . . if the exemption
All public comments are available information collection on respondents, is consistent with the purposes of this
from the Board’s Web site at http:// including through the use of automated subsection’’ (12 U.S.C. 1829(e)(2)). The
www.federalreserve.gov/apps/foia/ collection techniques or other forms of Board exercises general supervision
proposedregs.aspx as submitted, unless information technology; and over SLHCs, which includes

VerDate Sep<11>2014 18:13 Jul 21, 2017 Jkt 241001 PO 00000 Frm 00037 Fmt 4703 Sfmt 4703 E:\FR\FM\24JYN1.SGM 24JYN1

Document Created: 2017-07-22 01:20:09
Document Modified: 2017-07-22 01:20:09

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		82 FR 34310