82_FR_42120 82 FR 41950 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

82 FR 41950 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 170 (September 5, 2017)

Page Range41950-41951
FR Document2017-18734

Federal Register, Volume 82 Issue 170 (Tuesday, September 5, 2017)
[Federal Register Volume 82, Number 170 (Tuesday, September 5, 2017)]
[Notices]
[Pages 41950-41951]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-18734]


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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 September 29, 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 or 
[email protected]:
    1. CapGen Capital Group VI LLC and CapGen Capital Group V I L P, 
both of New York, New York; to acquire up to

[[Page 41951]]

7.3 percent of the voting shares of Union Bankshares, Corporation, 
Richmond, Virginia, and thereby indirectly acquire Union Bank & Trust, 
Richmond, Virginia.
    B. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior 
Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Veritex Holdings, Inc., Dallas, Texas; to merge with Liberty 
Bancshares, Inc., Fort Worth, Texas, and thereby indirectly acquire 
Liberty Bank, Hurst, Texas.

    Board of Governors of the Federal Reserve System, August 30, 
2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-18734 Filed 9-1-17; 8:45 am]
 BILLING CODE 6210-01-P



                                                  41950                      Federal Register / Vol. 82, No. 170 / Tuesday, September 5, 2017 / Notices

                                                     The filings in the above-referenced                  Federal Deposit Insurance Corporation.                However, if the space will not
                                                  proceeding are accessible in the                        Robert E. Feldman,                                    accommodate all requests, the ASC may
                                                  Commission’s eLibrary system by                         Executive Secretary.                                  refuse attendance on that reasonable
                                                  clicking on the appropriate link in the                 [FR Doc. 2017–18680 Filed 9–1–17; 8:45 am]            basis. The use of any video or audio
                                                  above list. They are also available for                 BILLING CODE 6714–01–P
                                                                                                                                                                tape recording device, photographing
                                                  electronic review in the Commission’s                                                                         device, or any other electronic or
                                                  Public Reference Room in Washington,                                                                          mechanical device designed for similar
                                                  DC. There is an eSubscription link on                   FEDERAL FINANCIAL INSTITUTIONS                        purposes is prohibited at ASC meetings.
                                                  the Web site that enables subscribers to                EXAMINATION COUNCIL                                     Dated: August 29, 2017.
                                                  receive email notification when a                                                                             James R. Park,
                                                  document is added to a subscribed                       [Docket No. AS17–05]
                                                                                                                                                                Executive Director.
                                                  docket(s). For assistance with any FERC
                                                  Online service, please email                            Appraisal Subcommittee; Notice of                     [FR Doc. 2017–18725 Filed 9–1–17; 8:45 am]
                                                  FERCOnlineSupport@ferc.gov. or call                     Meeting                                               BILLING CODE 6700–01–P

                                                  (866) 208–3676 (toll free). For TTY, call               AGENCY: Federal Financial Institutions
                                                  (202) 502–8659.                                         Examination Council.
                                                                                                                                                                FEDERAL RESERVE SYSTEM
                                                    Dated: August 29, 2017.                               ACTION: Notice of meeting.
                                                  Nathaniel J. Davis, Sr.,                                                                                      Formations of, Acquisitions by, and
                                                  Deputy Secretary.
                                                                                                            Description: In accordance with
                                                                                                          Section 1104 (b) of Title XI of the                   Mergers of Bank Holding Companies
                                                  [FR Doc. 2017–18719 Filed 9–1–17; 8:45 am]
                                                                                                          Financial Institutions Reform, Recovery,                The companies listed in this notice
                                                  BILLING CODE 6717–01–P
                                                                                                          and Enforcement Act of 1989, as                       have applied to the Board for approval,
                                                                                                          amended, notice is hereby given that the              pursuant to the Bank Holding Company
                                                                                                          Appraisal Subcommittee (ASC) will                     Act of 1956 (12 U.S.C. 1841 et seq.)
                                                  FEDERAL DEPOSIT INSURANCE                               meet in open session for its regular                  (BHC Act), Regulation Y (12 CFR part
                                                  CORPORATION                                             meeting:                                              225), and all other applicable statutes
                                                                                                            Location: Federal Reserve Board—                    and regulations to become a bank
                                                  Notice to All Interested Parties of the
                                                                                                          International Square location; 1850 K                 holding company and/or to acquire the
                                                  Termination of the Receivership of
                                                                                                          Street NW., Washington, DC 20006.                     assets or the ownership of, control of, or
                                                  10516—The Bank of Georgia,                                Date: September 13, 2017.
                                                  Peachtree City, Georgia                                                                                       the power to vote shares of a bank or
                                                                                                            Time: 10:00 a.m.                                    bank holding company and all of the
                                                     Notice is hereby given that the Federal                Status: Open.                                       banks and nonbanking companies
                                                  Deposit Insurance Corporation (FDIC) as                 Reports                                               owned by the bank holding company,
                                                  receiver for The Bank of Georgia,                                                                             including the companies listed below.
                                                  Peachtree City, Georgia (‘‘the Receiver’’)              Chairman                                                The applications listed below, as well
                                                  intends to terminate its receivership for               Executive Director
                                                                                                                                                                as other related filings required by the
                                                  said institution. The FDIC was                          Delegated State Compliance Reviews
                                                                                                                                                                Board, are available for immediate
                                                  appointed receiver of The Bank of                       Financial Report
                                                                                                                                                                inspection at the Federal Reserve Bank
                                                  Georgia on October 2, 2015. The                         Action and Discussion Items                           indicated. The applications will also be
                                                  liquidation of the receivership assets                                                                        available for inspection at the offices of
                                                                                                          May 10, 2017 Open Session Minutes
                                                  has been completed. To the extent                                                                             the Board of Governors. Interested
                                                                                                          Appraisal Foundation FY18 Grant
                                                  permitted by available funds and in                                                                           persons may express their views in
                                                                                                              Proposal
                                                  accordance with law, the Receiver will                    Æ Foundation Grant for AQB and ASB                  writing on the standards enumerated in
                                                  be making a final dividend payment to                     Æ State Grant for Investigator Training             the BHC Act (12 U.S.C. 1842(c)). If the
                                                  proven creditors.                                       ASC FY18 Budget Proposal                              proposal also involves the acquisition of
                                                     Based upon the foregoing, the                        Final Rulemaking—AMC National                         a nonbanking company, the review also
                                                  Receiver has determined that the                            Registry Fee Implementation                       includes whether the acquisition of the
                                                  continued existence of the receivership                 Revised ASC Policy Statements for                     nonbanking company complies with the
                                                  will serve no useful purpose.                               approval to repost in Federal                     standards in section 4 of the BHC Act
                                                  Consequently, notice is given that the                      Register for public comment                       (12 U.S.C. 1843). Unless otherwise
                                                  receivership shall be terminated, to be                 Agency Reform Plan for submission to                  noted, nonbanking activities will be
                                                  effective no sooner than thirty days after                  the Office of Management and                      conducted throughout the United States.
                                                  the date of this notice. If any person                      Budget                                              Unless otherwise noted, comments
                                                  wishes to comment concerning the                                                                              regarding each of these applications
                                                  termination of the receivership, such                   How To Attend and Observe an ASC                      must be received at the Reserve Bank
                                                  comment must be made in writing and                     Meeting                                               indicated or the offices of the Board of
                                                  sent within thirty days of the date of                     If you plan to attend the ASC Meeting              Governors not later than September 29,
                                                  this notice to: Federal Deposit Insurance               in person, we ask that you send an                    2017.
                                                  Corporation, Division of Resolutions                    email to meetings@asc.gov. You may                      A. Federal Reserve Bank of Richmond
                                                  and Receiverships, Attention:                           register until close of business four                 (Adam M. Drimer, Assistant Vice
                                                  Receivership Oversight Department                       business days before the meeting date.                President) 701 East Byrd Street,
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                                                  34.6, 1601 Bryan Street, Dallas, TX                     You will be contacted by the Federal                  Richmond, Virginia 23261–4528.
                                                  75201.                                                  Reserve Law Enforcement Unit on                       Comments can also be sent
                                                     No comments concerning the                           security requirements. You will also be               electronically to or
                                                  termination of this receivership will be                asked to provide a valid government-                  Comments.applications@rich.frb.org:
                                                  considered which are not sent within                    issued ID before being admitted to the                  1. CapGen Capital Group VI LLC and
                                                  this time frame.                                        Meeting. The meeting space is intended                CapGen Capital Group V I L P, both of
                                                     Dated: August 30, 2017.                              to accommodate public attendees.                      New York, New York; to acquire up to


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                                                                             Federal Register / Vol. 82, No. 170 / Tuesday, September 5, 2017 / Notices                                                 41951

                                                  7.3 percent of the voting shares of Union               for the Deaf (TDD) users may contact                  the Notification of Nonfinancial Data
                                                  Bankshares, Corporation, Richmond,                      (202) 263–4869, Board of Governors of                 Processing Activities. The comment
                                                  Virginia, and thereby indirectly acquire                the Federal Reserve System,                           period for this notice expired on July 31,
                                                  Union Bank & Trust, Richmond,                           Washington, DC 20551.                                 2017. The Board did not receive any
                                                  Virginia.                                                  OMB Desk Officer—Shagufta                          comments.
                                                    B. Federal Reserve Bank of Dallas                     Ahmed—Office of Information and                         Board of Governors of the Federal Reserve
                                                  (Robert L. Triplett III, Senior Vice                    Regulatory Affairs, Office of                         System, August 30, 2017.
                                                  President) 2200 North Pearl Street,                     Management and Budget, New                            Ann E. Misback,
                                                  Dallas, Texas 75201–2272:                               Executive Office Building, Room 10235,
                                                                                                                                                                Secretary of the Board.
                                                    1. Veritex Holdings, Inc., Dallas,                    725 17th Street NW., Washington, DC
                                                                                                                                                                [FR Doc. 2017–18694 Filed 9–1–17; 8:45 am]
                                                  Texas; to merge with Liberty                            20503 or by fax to (202) 395–6974.
                                                                                                             Final approval under OMB delegated                 BILLING CODE 6210–01–P
                                                  Bancshares, Inc., Fort Worth, Texas, and
                                                  thereby indirectly acquire Liberty Bank,                authority of the extension for three
                                                  Hurst, Texas.                                           years, without revision, of the following
                                                                                                          report:                                               FEDERAL RESERVE SYSTEM
                                                    Board of Governors of the Federal Reserve
                                                  System, August 30, 2017.                                   Report title: Notification of                      [Docket No. OP–1557]
                                                                                                          Nonfinancial Data Processing Activities.
                                                  Yao-Chin Chao,
                                                                                                             Agency form number: FR 4021.                       Final Guidelines for Evaluating Joint
                                                  Assistant Secretary of the Board.                          OMB control number: 7100–0306.                     Account Requests
                                                  [FR Doc. 2017–18734 Filed 9–1–17; 8:45 am]                 Frequency: On occasion.
                                                  BILLING CODE 6210–01–P                                     Respondents: Bank holding                          SUMMARY:    Under the Federal Reserve
                                                                                                          companies.                                            Act (FRA), the Federal Reserve Banks
                                                                                                             Estimated number of respondents: 2.                (Reserve Banks) have the authority to
                                                  FEDERAL RESERVE SYSTEM                                     Estimated average hours per response:              open accounts for member banks and
                                                                                                          2.                                                    other eligible depository institutions
                                                  Agency Information Collection                              Estimated annual burden hours: 4.                  (collectively, depository institutions).
                                                  Activities: Announcement of Board                          General description of report: Bank                The Reserve Banks routinely open and
                                                  Approval Under Delegated Authority                      holding companies (BHCs) submit the                   maintain individual Federal Reserve
                                                  and Submission to OMB                                   FR 4021 notification to request                       accounts for eligible institutions. Joint
                                                                                                          permission to administer the 49 percent               accounts—those where the rights and
                                                  AGENCY:   Board of Governors of the
                                                                                                          revenue limit on nonfinancial data                    liabilities are shared among multiple
                                                  Federal Reserve System.
                                                                                                          processing activities on a business-line              depository institution account-holders—
                                                  SUMMARY: The Board of Governors of the                  or multiple-entity basis. These
                                                  Federal Reserve System (Board) is                                                                             have not in the past been available as a
                                                                                                          notifications, which may be submitted                 standard account option, but in limited
                                                  adopting a proposal to extend for three                 in letter form, should describe the
                                                  years, without revision, the Notification                                                                     cases the Reserve Banks have opened
                                                                                                          structure of the requesting BHC’s data                such accounts for specific purposes. The
                                                  of Nonfinancial Data Processing                         processing operations, the methodology
                                                  Activities (FR 4021; OMB No. 7100–                                                                            Board of Governors of the Federal
                                                                                                          the BHC proposes to use to administer                 Reserve System (Board) has approved
                                                  0306).                                                  the 49 percent revenue test and the
                                                     On June 15, 1984, the Office of                                                                            final guidelines for evaluating requests
                                                                                                          reasons why the BHC believes that the                 for joint accounts at Reserve Banks
                                                  Management and Budget (OMB)                             proposed methodology is appropriate.
                                                  delegated to the Board authority under                                                                        intended to facilitate settlement
                                                                                                          The Board will consider any request in                between and among depository
                                                  the Paperwork Reduction Act (PRA) to                    light of all the facts and circumstances,
                                                  approve of and assign OMB control                                                                             institutions participating in private-
                                                                                                          including the interrelationships                      sector payment systems (private-sector
                                                  numbers to collection of information                    between the data processing activities
                                                  requests and requirements conducted or                                                                        arrangements). The guidelines broadly
                                                                                                          conducted by the BHC’s separate                       outline factors that will be considered in
                                                  sponsored by the Board. Board-                          subsidiaries, the holding company’s
                                                  approved collections of information are                                                                       evaluating such requests, but are not
                                                                                                          business or operational reasons for                   intended to provide assurance that any
                                                  incorporated into the official OMB                      conducting its data processing activities
                                                  inventory of currently approved                                                                               specific arrangement would be granted
                                                                                                          in different subsidiaries, and the level of           a joint account. Requests will be
                                                  collections of information. Copies of the               the BHC’s ownership interest in the
                                                  Paperwork Reduction Act Submission,                                                                           evaluated on a case-by-case basis, with
                                                                                                          individual subsidiaries.                              the type and extent of information
                                                  supporting statements and approved                         Legal authorization and
                                                  collection of information instrument(s)                                                                       necessary to evaluate a particular
                                                                                                          confidentiality: The Board’s Legal                    request likely dependent on the
                                                  are placed into OMB’s public docket                     Division has determined that the Bank
                                                  files. The Federal Reserve may not                                                                            complexity of the arrangement.
                                                                                                          Holding Company Act (12 U.S.C.
                                                  conduct or sponsor, and the respondent                                                                        DATES: September 5, 2017.
                                                                                                          1843(c)(8), (j) and (k)) authorizes the
                                                  is not required to respond to, an                       Board to collect this information and the             FOR FURTHER INFORMATION CONTACT:
                                                  information collection that has been                    information is required to obtain a                   Susan V. Foley, Senior Associate
                                                  extended, revised, or implemented on or                 benefit. A BHC may request confidential               Director (202–452–3596), Kylie Stewart,
                                                  after October 1, 1995, unless it displays               treatment of the information contained                Manager (202–245–4207), or Ian C.B.
                                                  a currently valid OMB control number.                   in the notice pursuant to exemption 4 of              Spear, Senior Financial Services
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                                                  FOR FURTHER INFORMATION CONTACT:                        the Freedom of Information Act (5                     Analyst (202–452–3959), Division of
                                                  Federal Reserve Board Clearance                         U.S.C. 552(b)(4)).                                    Reserve Bank Operations and Payment
                                                  Officer—Nuha Elmaghrabi—Office of                          Current actions: On May 31, 2017 the               Systems; Gavin Smith, Counsel (202–
                                                  the Chief Data Officer, Board of                        Federal Reserve published a notice in                 452–3474), Legal Division; for users of
                                                  Governors of the Federal Reserve                        the Federal Register (82 FR 24970)                    Telecommunications Device for the Deaf
                                                  System, Washington, DC 20551, (202)                     requesting public comment for 60 days                 (TDD) only, contact 202–263–4869.
                                                  452–3829. Telecommunications Device                     on the extension, without revision, of                SUPPLEMENTARY INFORMATION:



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Document Created: 2017-09-02 03:25:20
Document Modified: 2017-09-02 03:25:20
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 41950 

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