82_FR_37744 82 FR 37590 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

82 FR 37590 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 154 (August 11, 2017)

Page Range37590-37591
FR Document2017-17003

Federal Register, Volume 82 Issue 154 (Friday, August 11, 2017)
[Federal Register Volume 82, Number 154 (Friday, August 11, 2017)]
[Notices]
[Pages 37590-37591]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-17003]


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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)).

[[Page 37591]]

    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 August 28, 2017.
    A. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior 
Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Emmet Ross Harris, Novia Kinsel Harris, Karen Ray Elliff, all of 
George West, Texas, Farrell Harris Saunders, Stuart Donovan Saunders, 
and minor children of Stuart Donovan Saunders, all of Houston, Texas; 
to acquire voting shares of Live Oak Bancshares Corporation, and 
thereby indirectly acquire voting shares of South Trust Bank, N.A., 
both of George West, Texas.

    Board of Governors of the Federal Reserve System, August 8, 
2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-17003 Filed 8-10-17; 8:45 am]
 BILLING CODE 6210-01-P



                                                    37590                         Federal Register / Vol. 82, No. 154 / Friday, August 11, 2017 / Notices

                                                      • Agency Web site: http://                            which is being reviewed under                         approval must be sent to the appropriate
                                                    www.federalreserve.gov. Follow the                      authority delegated by the OMB under                  Federal Reserve Bank; and, (3) if the
                                                    instructions for submitting comments at                 the PRA. Comments are invited on the                  Board orders divestiture, but the bank
                                                    http://www.federalreserve.gov/apps/                     following:                                            cannot divest within the established
                                                    foia/proposedregs.aspx.                                   a. Whether the proposed collection of               time limit, a request or requests for
                                                      • Federal eRulemaking Portal: http://                 information is necessary for the proper               extension of the divestiture period must
                                                    www.regulations.gov. Follow the                         performance of the Federal Reserve’s                  be submitted to the appropriate Federal
                                                    instructions for submitting comments.                   functions; including whether the                      Reserve Bank.
                                                      • Email: regs.comments@                               information has practical utility;                       Legal authorization and
                                                    federalreserve.gov. Include OMB                           b. The accuracy of the Federal                      confidentiality: The Board’s Legal
                                                    number in the subject line of the                       Reserve’s estimate of the burden of the               Division has determined that the public
                                                    message.                                                proposed information collection,                      welfare investment notice, request for
                                                      • FAX: (202) 452–3819 or (202) 452–                   including the validity of the                         approval, and request for extension of
                                                    3102.                                                   methodology and assumptions used;                     the divestiture period are authorized by
                                                      • Mail: Ann E. Misback, Secretary,                      c. Ways to enhance the quality,                     the Federal Reserve Act, (12 U.S.C.
                                                    Board of Governors of the Federal                       utility, and clarity of the information to            338a), and by the Board’s Regulation H,
                                                    Reserve System, 20th Street and                         be collected;                                         (12 CFR 208.22). The obligation of state
                                                    Constitution Avenue NW., Washington,                      d. Ways to minimize the burden of                   member banks to make public welfare
                                                    DC 20551.                                               information collection on respondents,                investments under both the Reserve
                                                       All public comments are available                    including through the use of automated                Bank post-notice and the Board’s prior
                                                    from the Board’s Web site at http://                    collection techniques or other forms of               approval procedure is mandatory. The
                                                    www.federalreserve.gov/apps/foia/                       information technology; and                           request for extension of the divestiture
                                                    proposedregs.aspx as submitted, unless                    e. Estimates of capital or startup costs            period is required to obtain a benefit.
                                                    modified for technical reasons.                         and costs of operation, maintenance,                  Individual respondent data generally are
                                                    Accordingly, your comments will not be                  and purchase of services to provide                   not regarded as confidential. However, a
                                                    edited to remove any identifying or                     information.                                          bank that submits confidential
                                                    contact information. Public comments                      At the end of the comment period, the               proprietary information may request
                                                    may also be viewed electronically or in                 comments and recommendations                          confidential treatment of that
                                                    paper form in Room 3515, 1801 K Street                  received will be analyzed to determine                information pursuant to section (b)(4) of
                                                    (between 18th and 19th Streets NW.)                     the extent to which the Federal Reserve               the Freedom of Information Act (FOIA)
                                                    Washington, DC 20006 between 9:00                       should modify the proposed revisions                  (5 U.S.C. 552(b)(4)). Such a
                                                    a.m. and 5:00 p.m. on weekdays.                         prior to giving final approval.                       determination would be made on a case-
                                                       Additionally, commenters may send a                                                                        by-case basis in response to a specific
                                                    copy of their comments to the OMB                       Proposal To Approve Under OMB
                                                                                                                                                                  request for disclosure. If examination
                                                    Desk Officer—Shagufta Ahmed—Office                      Delegated Authority the Extension for
                                                                                                                                                                  ratings are included in a submission,
                                                    of Information and Regulatory Affairs,                  Three Years, Without Revision, of the
                                                                                                                                                                  those will be considered confidential
                                                    Office of Management and Budget, New                    Following Report
                                                                                                                                                                  under exemption 8 of the FOIA, (5
                                                    Executive Office Building, Room 10235,                    Report title: Notifications Related to              U.S.C. 552(b)(8)).
                                                    725 17th Street NW., Washington, DC                     Community Development and Public                         Consultation outside the agency:
                                                    20503 or by fax to (202) 395–6974.                      Welfare Investments of State Member                   Given that most community
                                                    FOR FURTHER INFORMATION CONTACT: A                      Banks.                                                development entities obtain funding
                                                    copy of the PRA OMB submission,                           Agency form number: FR H–6.                         from a variety of local and regional
                                                    including the proposed reporting form                     OMB control number: 7100–0278.                      financial institutions, Board staff
                                                    and instructions, supporting statement,                   Frequency: Event-generated.                         consults with other agencies’ staff to
                                                    and other documentation will be placed                    Respondents: State member banks.                    discuss applications relating to such
                                                    into OMB’s public docket files, once                      Estimated number of respondents:                    investments, as appropriate.
                                                    approved. These documents will also be                  Post Notification, 20; Application (Prior
                                                                                                                                                                    Board of Governors of the Federal Reserve
                                                    made available on the Federal Reserve                   Approval), 71; and Extension of                       System, August 8, 2017.
                                                    Board’s public Web site at: http://                     divestiture period, 1.
                                                                                                                                                                  Ann E. Misback,
                                                    www.federalreserve.gov/apps/                              Estimated average hours per response:
                                                                                                            Post Notification, 2 hours; Application               Secretary of the Board.
                                                    reportforms/review.aspx or may be
                                                    requested from the agency clearance                     (Prior Approval) 5 hours; and Extension               [FR Doc. 2017–17012 Filed 8–10–17; 8:45 am]
                                                    officer, whose name appears below.                      of divestiture period, 5 hours.                       BILLING CODE 6210–01–P
                                                      Federal Reserve Board Clearance                         Estimated annual burden hours: Post
                                                    Officer—Nuha Elmaghrabi—Office of                       Notification, 40 hours; Application
                                                    the Chief Data Officer, Board of                        (Prior Approval) 355 hours; and                       FEDERAL RESERVE SYSTEM
                                                    Governors of the Federal Reserve                        Extension of divestiture period, 5 hours.             Change in Bank Control Notices;
                                                    System, Washington, DC 20551 (202)                        General Description of Report:
                                                                                                                                                                  Acquisitions of Shares of a Bank or
                                                    452–3829. Telecommunications Device                     Regulation H requires state member
                                                                                                                                                                  Bank Holding Company
                                                    for the Deaf (TDD) users may contact                    banks planning to make community
asabaliauskas on DSKBBXCHB2PROD with NOTICES




                                                    (202) 263–4869, Board of Governors of                   development or public welfare                           The notificants listed below have
                                                    the Federal Reserve System,                             investments to comply with the                        applied under the Change in Bank
                                                    Washington, DC 20551.                                   Regulation H notification requirements:               Control Act (12 U.S.C. 1817(j)) and
                                                    SUPPLEMENTARY INFORMATION:                              (1) If the investment does not require                § 225.41 of the Board’s Regulation Y (12
                                                                                                            prior Board approval, a written notice                CFR 225.41) to acquire shares of a bank
                                                    Request for Comment on Information                      must be sent to the appropriate Federal               or bank holding company. The factors
                                                    Collection Proposal                                     Reserve Bank; (2) if certain criteria are             that are considered in acting on the
                                                      The Board invites public comment on                   not met, and the investment requires                  notices are set forth in paragraph 7 of
                                                    the following information collection,                   prior Board approval, a request for                   the Act (12 U.S.C. 1817(j)(7)).


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                                                                                  Federal Register / Vol. 82, No. 154 / Friday, August 11, 2017 / Notices                                                 37591

                                                      The notices are available for                         noted, nonbanking activities will be                  a nonbanking company, the review also
                                                    immediate inspection at the Federal                     conducted throughout the United States.               includes whether the acquisition of the
                                                    Reserve Bank indicated. The notices                       Unless otherwise noted, comments                    nonbanking company complies with the
                                                    also will be available for inspection at                regarding each of these applications                  standards in section 10(c)(4)(B) of the
                                                    the offices of the Board of Governors.                  must be received at the Reserve Bank                  HOLA (12 U.S.C. 1467a(c)(4)(B)). Unless
                                                    Interested persons may express their                    indicated or the offices of the Board of              otherwise noted, nonbanking activities
                                                    views in writing to the Reserve Bank                    Governors not later than September 6,                 will be conducted throughout the
                                                    indicated for that notice or to the offices             2017.                                                 United States.
                                                    of the Board of Governors. Comments                       A. Federal Reserve Bank of                            Unless otherwise noted, comments
                                                    must be received not later than August                  Minneapolis (Brendan S. Murrin,                       regarding each of these applications
                                                    28, 2017.                                               Assistant Vice President) 90 Hennepin                 must be received at the Reserve Bank
                                                      A. Federal Reserve Bank of Dallas                     Avenue, Minneapolis, Minnesota                        indicated or the offices of the Board of
                                                    (Robert L. Triplett III, Senior Vice                    55480–0291:                                           Governors not later than September 6,
                                                    President) 2200 North Pearl Street,                       1. Drayton Bancor, Inc., Drayton,                   2017.
                                                    Dallas, Texas 75201–2272:                               North Dakota; to merge with Pembina                     A. Federal Reserve Bank of San
                                                      1. Emmet Ross Harris, Novia Kinsel                    County Bankshares Ltd. and thereby                    Francisco (Gerald C. Tsai, Director,
                                                    Harris, Karen Ray Elliff, all of George                 indirectly acquire Citizens State Bank-               Applications and Enforcement) 101
                                                    West, Texas, Farrell Harris Saunders,                   Midwest, both of Cavalier, North                      Market Street, San Francisco, California
                                                    Stuart Donovan Saunders, and minor                      Dakota.                                               94105–1579:
                                                                                                              In connection with this application,                  1. The Charles Schwab Corporation,
                                                    children of Stuart Donovan Saunders,
                                                                                                            Applicant also has applied to acquire                 San Francisco, California; to acquire
                                                    all of Houston, Texas; to acquire voting
                                                                                                            Citizens Insurance Agency, Inc.,                      voting shares of Nordstrom FSB,
                                                    shares of Live Oak Bancshares
                                                                                                            Cavalier, North Dakota, and Walhalla                  Scottsdale, Arizona
                                                    Corporation, and thereby indirectly
                                                                                                            Insurance Agency LLC, Walhalla, North
                                                    acquire voting shares of South Trust                                                                            Board of Governors of the Federal Reserve
                                                                                                            Dakota, and thereby engage in general
                                                    Bank, N.A., both of George West, Texas.                                                                       System, August 8, 2017.
                                                                                                            insurance activities in towns of less
                                                      Board of Governors of the Federal Reserve             than 5,000 in population pursuant to                  Yao-Chin Chao,
                                                    System, August 8, 2017.                                 section 225.28(b)(11)(iii)(A) of                      Assistant Secretary of the Board.
                                                    Yao-Chin Chao,                                          Regulation Y.                                         [FR Doc. 2017–17002 Filed 8–10–17; 8:45 am]
                                                    Assistant Secretary of the Board.                         Board of Governors of the Federal Reserve           BILLING CODE P
                                                    [FR Doc. 2017–17003 Filed 8–10–17; 8:45 am]             System, August 8, 2017.
                                                    BILLING CODE 6210–01–P                                  Yao-Chin Chao,
                                                                                                            Assistant Secretary of the Board.                     GENERAL SERVICES
                                                                                                            [FR Doc. 2017–17001 Filed 8–10–17; 8:45 am]           ADMINISTRATION
                                                    FEDERAL RESERVE SYSTEM
                                                                                                            BILLING CODE 6210–01–P
                                                                                                                                                                  [Notice–PBS–2017–01; Docket No. 2017–
                                                    Formations of, Acquisitions by, and                                                                           0002; Sequence No. 4]
                                                    Mergers of Bank Holding Companies
                                                                                                            FEDERAL RESERVE SYSTEM
                                                                                                                                                                  Notice of Intent To Prepare an
                                                      The companies listed in this notice                                                                         Environmental Impact Statement for
                                                    have applied to the Board for approval,                 Formations of, Acquisitions by, and
                                                                                                            Mergers of Savings and Loan Holding                   the Proposed Master Plan for the
                                                    pursuant to the Bank Holding Company                                                                          Consolidation of the U.S. Food and
                                                    Act of 1956 (12 U.S.C. 1841 et seq.)                    Companies
                                                                                                                                                                  Drug Administration Headquarters at
                                                    (BHC Act), Regulation Y (12 CFR part                       The companies listed in this notice                the Federal Research Center at White
                                                    225), and all other applicable statutes                 have applied to the Board for approval,               Oak, Located in Silver Spring, MD
                                                    and regulations to become a bank                        pursuant to the Home Owners’ Loan Act
                                                    holding company and/or to acquire the                   (12 U.S.C. 1461 et seq.) (HOLA),                      AGENCY: National Capital Region,
                                                    assets or the ownership of, control of, or              Regulation LL (12 CFR part 238), and                  General Services Administration (GSA).
                                                    the power to vote shares of a bank or                   Regulation MM (12 CFR part 239), and                  ACTION: Notice of intent to prepare an
                                                    bank holding company and all of the                     all other applicable statutes and                     Environmental Impact Statement.
                                                    banks and nonbanking companies                          regulations to become a savings and
                                                    owned by the bank holding company,                      loan holding company and/or to acquire                SUMMARY:   Pursuant to the requirements
                                                    including the companies listed below.                   the assets or the ownership of, control               of the National Environmental Policy
                                                      The applications listed below, as well                of, or the power to vote shares of a                  Act of 1969 (NEPA), the Council on
                                                    as other related filings required by the                savings association and nonbanking                    Environmental Quality Regulations,
                                                    Board, are available for immediate                      companies owned by the savings and                    GSA Order, PBS P1095.1F,
                                                    inspection at the Federal Reserve Bank                  loan holding company, including the                   Environmental Considerations in
                                                    indicated. The applications will also be                companies listed below.                               Decision Making, dated October 19,
                                                    available for inspection at the offices of                 The applications listed below, as well             1999, and the GSA Public Buildings
                                                    the Board of Governors. Interested                      as other related filings required by the              Service NEPA Desk Guide, GSA plans to
                                                                                                                                                                  prepare an Environmental Impact
asabaliauskas on DSKBBXCHB2PROD with NOTICES




                                                    persons may express their views in                      Board, are available for immediate
                                                    writing on the standards enumerated in                  inspection at the Federal Reserve Bank                Statement (EIS) for the proposed Master
                                                    the BHC Act (12 U.S.C. 1842(c)). If the                 indicated. The application also will be               Plan to support the consolidation of the
                                                    proposal also involves the acquisition of               available for inspection at the offices of            U.S. Food and Drug Administration
                                                    a nonbanking company, the review also                   the Board of Governors. Interested                    (FDA) Headquarters at the Federal
                                                    includes whether the acquisition of the                 persons may express their views in                    Research Center at White Oak, located
                                                    nonbanking company complies with the                    writing on the standards enumerated in                in Silver Spring, Maryland.
                                                    standards in section 4 of the BHC Act                   the HOLA (12 U.S.C. 1467a(e)). If the                 DATES:
                                                    (12 U.S.C. 1843). Unless otherwise                      proposal also involves the acquisition of               Applicable: Friday, August 18, 2017.


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Document Created: 2018-10-24 11:46:23
Document Modified: 2018-10-24 11:46:23
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 37590 

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