82 FR 44411 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 183 (September 22, 2017)

Page Range		44411-44412
FR Document		2017-20284

Federal Register, Volume 82 Issue 183 (Friday, September 22, 2017)

[Federal Register Volume 82, Number 183 (Friday, September 22, 2017)]
[Notices]
[Pages 44411-44412]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-20284]


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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

[[Page 44412]]

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 October 19, 2017.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. First American Bank Corporation, Elk Grove Village, Illinois; to 
acquire 100 percent of Southport Financial Corporation and thereby 
indirectly acquire Southport Bank, both of Kenosha, Wisconsin.

    Board of Governors of the Federal Reserve System, September 19, 
2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-20284 Filed 9-21-17; 8:45 am]
BILLING CODE P

Federal Register / Vol. 82, No. 183 / Friday, September 22, 2017 / Notices 44411

business hours at the Air Protection standards had been published in final form malfunction (SSM). On October 16, 2009, the
Division, U.S. Environmental Protection in the Code of Federal Regulations dated July Court issued a mandate vacating these SSM
Agency, Region III, 1650 Arch Street, 1, 2016. Virginia committed to enforcing the exemption provisions, which are found at 40
federal standards in conformance with the CFR 63.6(f)(1) and (h)(1).
Philadelphia, Pennsylvania 19103–
terms of EPA’s previous delegations of Accordingly, EPA no longer allows sources
2029. Copies of Virginia’s submittal are authority and made only allowed wording the SSM exemption as provided for in the
also available at the Virginia changes. vacated provisions at 40 CFR 63.6(f)(1) and
Department of Environmental Quality, Virginia stated that it had submitted the (h)(1), even though EPA has not yet formally
629 East Main Street, Richmond, revisions ‘‘to retain its authority to enforce removed these SSM exemption provisions
Virginia 23219. the NSPSs and NESHAPs under the from the General Provisions of 40 CFR part
FOR FURTHER INFORMATION CONTACT: delegation of authority granted by EPA on 63. Because Virginia incorporated 40 CFR
August 27, 1981 (46 FR 43300) and to enforce part 63 by reference, Virginia should also no
Emily Linn, (215) 814-5273, or by email
the MACT standards under the delegation of longer allow sources to use the former SSM
at linn.emily@epa.gov. authority granted by EPA on January 26, 1999 exemption from the General Provisions of 40
SUPPLEMENTARY INFORMATION: On (64 FR 3938) and January 8, 2002 (67 FR CFR part 63 due to the Court’s ruling in
February 27, 2017, Virginia notified 825).’’ Sierra Club vs. EPA.
EPA that Virginia had updated its Virginia provided copies of its revised EPA appreciates Virginia’s continuing
incorporation by reference of federal regulations which specify the NSPS, NSPS, NESHAP, and MACT standards
NESHAPs to include many such NESHAP and MACT Standards which it had enforcement efforts, and also Virginia’s
adopted by reference. Virginia’s revised decision to take automatic delegation of
standards, as they were published in regulations are entitled 9 VAC 5–50 ‘‘New
final form in the Code of Federal additional or updated NSPS, NESHAP and
and Modified Stationary Sources,’’ and 9 MACT standards by adopting them by
Regulations dated July 1, 2016. On May VAC 5–60 ‘‘Hazardous Air Pollutant reference.
11, 2017, EPA sent Virginia a letter Sources.’’ These revised regulations have an
Sincerely,
acknowledging that Virginia now has effective date of February 22, 2017.
the authority to implement and enforce Virginia stated in its submittal letter that Cristina Fernandez,
‘‘Virginia may not accept delegation of a Director Air Protection Division.
the NESHAPs as specified by Virginia in
its notice to EPA, as provided for under standard based on an assessment of This notice acknowledges the update
implementation and enforcement of Virginia’s delegation of authority to
previously approved automatic
commitments. The following standard is implement and enforce NESHAP and
delegation mechanisms. All affected at this time: Subpart OOOOa,
notifications, applications, reports, and Standards of Performance for Crude Oil and
NSPS.
other correspondence required pursuant Natural Gas Facilities for which Dated: September 6, 2017.
to the delegated NESHAPs must be Construction, Modification, or Cristina Fernandez,
submitted to both the EPA, Region III Reconstruction Commenced after September Director, Air Protection Division, Region III.
and to the Virginia Department of 18, 2015. . . .’’
Virginia further explained regarding [FR Doc. 2017–20322 Filed 9–21–17; 8:45 am]
Environmental Quality, unless the
delegated standard specifically provides Subpart 0000a that ‘‘[a]uthority to enforce BILLING CODE 6560–50–P
this standard is being retained by EPA and
that such submittals may be sent to EPA
it is not incorporated by reference into the
or a delegated State. In such cases, the Virginia regulations for any source that is not
submittals should be sent only to the FEDERAL RESERVE SYSTEM
(i) a major source as defined in 9VAC5–80–
Virginia Department of Environmental 60 and subject to Article 1, Federal Operating Formations of, Acquisitions by, and
Quality. A copy of EPA’s letter to Permits for Stationary Sources, or (ii) an Mergers of Bank Holding Companies
Virginia follows: affected source as defined in 9VAC5–80–370
Michael G. Dowd, Director and subject to Article 3, Federal Operating The companies listed in this notice
Air Division Permits for Acid Rain Sources, of Part II of have applied to the Board for approval,
Virginia Department of Environmental 9VAC5–80 (Permits for Stationary Sources).’’ pursuant to the Bank Holding Company
Quality In the regulations that it submitted Virginia
Act of 1956 (12 U.S.C. 1841 et seq.)
P.O. Box 1105 also indicates various other EPA standards
that the State had previously chosen not to (BHC Act), Regulation Y (12 CFR part
Richmond, Virginia 23218 225), and all other applicable statutes
adopt by reference or had chosen to adopt by
Dear Mr. Dowd: and regulations to become a bank
reference only for certain specified sizes, etc.
The United States Environmental holding company and/or to acquire the
of sources.
Protection Agency (EPA) has previously
delegated to the Commonwealth of Virginia
Based on Virginia’s submittal, EPA assets or the ownership of, control of, or
(Virginia) the authority to implement and acknowledges that EPA’s delegations to the power to vote shares of a bank or
enforce various federal New Source Virginia of the authority implement and bank holding company and all of the
Performance Standards (NSPS), National enforce EPA’s NSPS, NESHAP, and MACT banks and nonbanking companies
Emission Standards for Hazardous Air Standards have been updated, as provided
owned by the bank holding company,
Pollutants (NESHAP), and National Emission for under the terms of EPA’s previous
delegation of authority actions, to allow the including the companies listed below.
Standards for Hazardous Air Pollutants for The applications listed below, as well
Source Categories (MACT standards) which Virginia to implement and enforce the federal
NSPS, NESHAP, and MACT standards which as other related filings required by the
are found at 40 CFR parts 60, 61 and 63,
respectively. In those actions, EPA also Virginia has adopted by reference as Board, are available for immediate
delegated to Virginia the authority to specified in Virginia’s revised regulations 9 inspection at the Federal Reserve Bank
implement and enforce any future federal VAC 5–50 and 9 VAC 5–60, both effective on indicated. The applications will also be
NSPS, NESHAP or MACT Standards on the February 22, 2017. available for inspection at the offices of
condition that Virginia legally adopt the Please note that on December 19, 2008, in the Board of Governors. Interested
future standards, make only allowed wording Sierra Club v. EPA,1 the United States Court persons may express their views in
changes, and provide specified notice to of Appeals for the District of Columbia
writing on the standards enumerated in
EPA. Circuit vacated certain provisions of the
In a letter dated February 27, 2017, General Provisions of 40 CFR part 63 relating the BHC Act (12 U.S.C. 1842(c)). If the
Virginia submitted to EPA revised versions of to exemptions for startup, shutdown, and proposal also involves the acquisition of
Virginia’s regulations which incorporate by a nonbanking company, the review also
reference specified federal NSPS, NESHAP 1 Sierra Club v. EPA, 551 F.3rd 1019 (D.C. Cir. includes whether the acquisition of the
and MACT standards, as those federal 2008). nonbanking company complies with the

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44412 Federal Register / Vol. 82, No. 183 / Friday, September 22, 2017 / Notices

standards in section 4 of the BHC Act Board of Governors of the Federal Reserve Board of Governors of the Federal Reserve
(12 U.S.C. 1843). Unless otherwise System, September 19, 2017. System, September 19, 2017.
noted, nonbanking activities will be Yao-Chin Chao, Yao-Chin Chao,
conducted throughout the United States. Assistant Secretary of the Board. Assistant Secretary of the Board.
Unless otherwise noted, comments [FR Doc. 2017–20286 Filed 9–21–17; 8:45 am] [FR Doc. 2017–20285 Filed 9–21–17; 8:45 am]
regarding each of these applications BILLING CODE 6210–01–P
BILLING CODE P
must be received at the Reserve Bank
indicated or the offices of the Board of
Governors not later than October 19, FEDERAL RESERVE SYSTEM GENERAL SERVICES
2017. ADMINISTRATION
A. Federal Reserve Bank of Chicago Formations of, Acquisitions by, and [Notice-MK–2017–04; Docket No. 2017–
(Colette A. Fried, Assistant Vice Mergers of Savings and Loan Holding 0005; Sequence 4]
President) 230 South LaSalle Street, Companies
Chicago, Illinois 60690–1414: The Presidential Commission on
1. First American Bank Corporation, The companies listed in this notice Election Integrity (PCEI); Submission
Elk Grove Village, Illinois; to acquire have applied to the Board for approval, of Public Comments
100 percent of Southport Financial pursuant to the Home Owners’ Loan Act
Corporation and thereby indirectly AGENCY: Office of Government-wide
(12 U.S.C. 1461 et seq.) (HOLA), Policy (OGP), General Services
acquire Southport Bank, both of Regulation LL (12 CFR part 238), and
Kenosha, Wisconsin. Administration (GSA).
Regulation MM (12 CFR part 239), and
ACTION: Presidential Advisory
Board of Governors of the Federal Reserve all other applicable statutes and
Commission on Election Integrity
System, September 19, 2017. regulations to become a savings and
request for comments.
Yao-Chin Chao, loan holding company and/or to acquire
Assistant Secretary of the Board. the assets or the ownership of, control SUMMARY: The Presidential Advisory
[FR Doc. 2017–20284 Filed 9–21–17; 8:45 am] of, or the power to vote shares of a Commission on Election Integrity
BILLING CODE P savings association and nonbanking (Commission) consistent with the
companies owned by the savings and Executive Order dated May 11, 2017,
loan holding company, including the the Establishment of Presidential
FEDERAL RESERVE SYSTEM companies listed below. Advisory Commission on Election
The applications listed below, as well Integrity, will study the registration and
Change in Bank Control Notices; voting processes used in Federal
as other related filings required by the
Acquisitions of Shares of a Bank or elections. The Commission invites
Board, are available for immediate
Bank Holding Company public comments related to laws, rules,
inspection at the Federal Reserve Bank
policies, activities, strategies, and
The notificants listed below have indicated. The application also will be practices that enhance and/or
applied under the Change in Bank available for inspection at the offices of undermine the American people’s
Control Act (12 U.S.C. 1817(j)) and the Board of Governors. Interested confidence in the integrity of the voting
§ 225.41 of the Board’s Regulation Y (12 persons may express their views in processes in Federal elections, as well
CFR 225.41) to acquire shares of a bank writing on the standards enumerated in as vulnerabilities in voting systems and
or bank holding company. The factors the HOLA (12 U.S.C. 1467a(e)). If the practices used for Federal elections. The
that are considered in acting on the proposal also involves the acquisition of Commission values public feedback.
notices are set forth in paragraph 7 of a nonbanking company, the review also DATES: Submit comments on or before
the Act (12 U.S.C. 1817(j)(7)). includes whether the acquisition of the December 21, 2017.
The notices are available for nonbanking company complies with the
ADDRESSES: Public comments can be
immediate inspection at the Federal standards in section 10(c)(4)(B) of the
submitted by either of the following
Reserve Bank indicated. The notices HOLA (12 U.S.C. 1467a(c)(4)(B)). Unless
methods:
also will be available for inspection at otherwise noted, nonbanking activities • Regulations.gov: http://
the offices of the Board of Governors. will be conducted throughout the www.regulations.gov. Submit comments
Interested persons may express their United States. via the Federal eRulmaking portal by
views in writing to the Reserve Bank Unless otherwise noted, comments searching for Notice–MK–2017–04.
indicated for that notice or to the offices regarding each of these applications Select the link ‘‘Comment Now’’ that
of the Board of Governors. Comments must be received at the Reserve Bank corresponds with ‘‘Notice–MK–2017–
must be received not later than October indicated or the offices of the Board of 04, Submission of Public Comments.’’
10, 2017. Governors not later than October 19, Follow the instructions provided on the
A. Federal Reserve Bank of Dallas 2017. screen. Please include your name,
(Robert L. Triplett III, Senior Vice organization (if any), and ‘‘Notice–MK–
President) 2200 North Pearl Street, A. Federal Reserve Bank of Dallas
(Robert L. Triplett III, Senior Vice 2017–04, Submission of Public
Dallas, Texas 75201–2272: Comments’’ on your attached document.
1. Shair Baz Hakemy and Sabreena President) 2200 North Pearl Street,
Please note that any information,
Hakemy, both of Southlake, Texas; as a Dallas, Texas 75201–2272:
including personal or contact
group acting in concert (the Hakemy 1. Susser Bank Holdings LLC, Corpus information, that you provide on the
Family Group—Retroactive), to retain Christi, Texas; to become a savings and regulations.gov comment form, or in an
and acquire voting shares of Riverbend loan holding company by acquiring and attachment, will be publicly disclosed
Financial Corporation, Fort Worth, controlling up to 75 percent of the as it is entered, searchable on the
Texas; and Shair Baz Hakemy to acquire outstanding voting shares of Internet, and included in any paper
shares of Riverbend Financial BancAffiliated, Inc., Arlington, Texas, docket.
Corporation, and thereby acquire shares and thereby acquire control of Affiliated • Mail: Presidential Advisory
of Riverbend Bank, Fort Worth, Texas. Bank, Bedford, Texas. Commission on Election Integrity,

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Document Created: 2017-09-22 01:52:40
Document Modified: 2017-09-22 01:52:40

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 44411