82_FR_61817 82 FR 61569 - Update to Notice of Financial Institutions for Which the Federal Deposit Insurance Corporation has Been Appointed Either Receiver, Liquidator, or Manager

82 FR 61569 - Update to Notice of Financial Institutions for Which the Federal Deposit Insurance Corporation has Been Appointed Either Receiver, Liquidator, or Manager

FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 82, Issue 248 (December 28, 2017)

Page Range61569-61570
FR Document2017-28065

Notice is hereby given that the Federal Deposit Insurance Corporation (Corporation) has been appointed the sole receiver for the following financial institutions effective as of the Date Closed as indicated in the listing.

Federal Register, Volume 82 Issue 248 (Thursday, December 28, 2017)
[Federal Register Volume 82, Number 248 (Thursday, December 28, 2017)]
[Notices]
[Pages 61569-61570]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-28065]


-----------------------------------------------------------------------

FEDERAL DEPOSIT INSURANCE CORPORATION


Update to Notice of Financial Institutions for Which the Federal 
Deposit Insurance Corporation has Been Appointed Either Receiver, 
Liquidator, or Manager

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Update listing of financial institutions in liquidation.

-----------------------------------------------------------------------

SUMMARY: Notice is hereby given that the Federal Deposit Insurance 
Corporation (Corporation) has been appointed the sole receiver for the 
following financial institutions effective as of the Date Closed as 
indicated in the listing.

SUPPLEMENTARY INFORMATION: This list (as updated from time to time in 
the Federal Register) may be relied upon as ``of record'' notice that 
the Corporation has been appointed receiver for purposes of the 
statement of policy published in the July 2, 1992, issue of the Federal 
Register (57 FR 29491). For further information concerning the 
identification of any institutions which have been placed in 
liquidation, please visit the Corporation website at www.fdic.gov/bank/individual/failed/banklist.html, or contact the Manager of Receivership 
Oversight in the appropriate service center.

[[Page 61570]]



                                           Institutions in Liquidation
                                             [In alphabetical order]
----------------------------------------------------------------------------------------------------------------
          FDIC Ref. No.                 Bank name               City                State           Date closed
----------------------------------------------------------------------------------------------------------------
10530............................  Washington Federal   Chicago............  IL.................      12/15/2017
                                    Bank for Savings.
----------------------------------------------------------------------------------------------------------------


    Dated: December 22, 2017.

Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2017-28065 Filed 12-27-17; 8:45 am]
BILLING CODE 6714-01-P



                                                                                    Federal Register / Vol. 82, No. 248 / Thursday, December 28, 2017 / Notices                                                                                                                         61569

                                                                                                                         SUMMARY OF ANNUAL BURDEN—Continued
                                                                                                                                                                                                                 Estimated                                                                Total
                                                                                                                                                                                           Estimated
                                                                                                                                     Type of                   Obligation to                                      time per             Estimated              Frequency                  annual
                                                                                                                                                                                           number of
                                                                                                                                     burden                     respond                                          response              frequency              of response               estimated
                                                                                                                                                                                          respondents              (hours)                                                               burden

                                                     Subtotal Reg CC Burden ........................................            .........................     .........................   ....................   ..................    ..................   .........................     374,027

                                                                                                                                         Regulation DD—12 C.F.R. Part 1030

                                                Account disclosures (upon request and new accounts)                            Disclosure .......            Mandatory .......                      3,674                 0.025                    170      On Occasion ...                15,615
                                                  (section 1030.4).
                                                Subsequent notices (section 1030.5):.
                                                    Change in terms .....................................................      Disclosure        .......     Mandatory          .......             3,674                 0.017                    380      On   Occasion         ...      23,269
                                                    Prematurity (renewal) notices .................................            Disclosure        .......     Mandatory          .......             3,674                 0.017                    340      On   Occasion         ...      20,819
                                                Disclosures on periodic statements (section 1030.6) ....                       Disclosure        .......     Mandatory          .......             3,674                 4.000                     12      On   Occasion         ...     176,352
                                                Advertising (section 1030.8) ..........................................        Disclosure        .......     Mandatory          .......             3,674                 0.500                     12      On   Occasion         ...      22,044

                                                     Subtotal Reg DD Burden ........................................            .........................     .........................   ....................   ..................    ..................   .........................     258,099

                                                           Total Burden ....................................................    .........................     .........................   ....................   ..................    ..................   .........................   2,959,536



                                                   General Description of Collection:                                          requirements that are intended to assist                                                 Dated at Washington, DC, on December 22,
                                                Regulations E & DD (Consumer                                                   consumers in comparing deposit                                                         2017.
                                                Financial Protection Bureau’s                                                  accounts offered by institutions,                                                      Federal Deposit Insurance Corporation.
                                                Regulations) and Regulation CC (the                                            principally through the disclosure of                                                  Valerie J. Best,
                                                Federal Reserve’s Regulation) ensure                                           fees, the annual percentage yield, and                                                 Assistant Executive Secretary.
                                                adequate disclosures regarding                                                 other account terms. Regulation DD
                                                                                                                                                                                                                      [FR Doc. 2017–28067 Filed 12–27–17; 8:45 am]
                                                accounts, including electronic fund                                            requires depository institutions to
                                                                                                                                                                                                                      BILLING CODE 6714–01–P
                                                transfer services, availability of funds,                                      disclose yields, fees, and other terms
                                                and fees and annual percentage yield for                                       concerning deposit accounts to
                                                deposit accounts. Generally, the                                               consumers at account opening, upon
                                                Regulation E disclosures are designed to                                       request, and when changes in terms                                                     FEDERAL DEPOSIT INSURANCE
                                                ensure consumers receive adequate                                              occur. Depository institutions that                                                    CORPORATION
                                                disclosure of basic terms, costs, and                                          provide periodic statements are required
                                                                                                                                                                                                                      Update to Notice of Financial
                                                rights relating to electronic fund transfer                                    to include information about fees
                                                                                                                                                                                                                      Institutions for Which the Federal
                                                (EFT) services provided to them so that                                        imposed, interest earned, and the
                                                                                                                                                                                                                      Deposit Insurance Corporation has
                                                they can make informed decisions.                                              annual percentage yield (APY) earned
                                                                                                                                                                                                                      Been Appointed Either Receiver,
                                                Institutions offering EFT services must                                        during those statement periods. It also
                                                                                                                                                                                                                      Liquidator, or Manager
                                                disclose to consumers certain                                                  contains rules about advertising deposit
                                                information, including: initial and                                            accounts.
                                                                                                                                                                                                                      AGENCY: Federal Deposit Insurance
                                                updated EFT terms, transaction                                                   There is no change in the method or
                                                                                                                                                                                                                      Corporation.
                                                information, the consumer’s potential                                          substance of the collection. The overall
                                                liability for unauthorized transfers, and                                      reduction in burden hours is the result                                                ACTION:  Update listing of financial
                                                error resolution rights and procedures.                                        of economic fluctuation and the reduced                                                institutions in liquidation.
                                                   Like Regulation E, Regulation CC has                                        number of FDIC-supervised institutions
                                                consumer protection disclosure                                                 since the last submission in 2014. In                                                  SUMMARY:   Notice is hereby given that
                                                requirements. Specifically, Regulation                                         particular, the number of respondents                                                  the Federal Deposit Insurance
                                                CC requires depository institutions to                                         has decreased while the hours per                                                      Corporation (Corporation) has been
                                                make funds deposited in transaction                                            response and frequency of responses                                                    appointed the sole receiver for the
                                                accounts available within specified time                                       have remained the same.                                                                following financial institutions effective
                                                periods, disclose their availability                                             Request for Comment: Comments are                                                    as of the Date Closed as indicated in the
                                                policies to customers, and begin                                               invited on: (a) Whether the collection of                                              listing.
                                                accruing interest on such deposits                                             information is necessary for the proper
                                                promptly. The disclosures are intended                                         performance of the FDIC’s functions,                                                   SUPPLEMENTARY INFORMATION:      This list
                                                to alert customers that their ability to                                       including whether the information has                                                  (as updated from time to time in the
                                                use deposited funds may be delayed,                                            practical utility; (b) the accuracy of the                                             Federal Register) may be relied upon as
                                                prevent unintentional (and costly)                                             estimates of the burden of the                                                         ‘‘of record’’ notice that the Corporation
                                                overdrafts, and allow customers to                                             information collection, including the                                                  has been appointed receiver for
                                                compare the policies of different                                              validity of the methodology and                                                        purposes of the statement of policy
                                                institutions before deciding at which                                          assumptions used; (c) ways to enhance                                                  published in the July 2, 1992, issue of
                                                institution to deposit funds. Depository                                       the quality, utility, and clarity of the                                               the Federal Register (57 FR 29491). For
                                                institutions must also provide an                                              information to be collected; and (d)                                                   further information concerning the
                                                awareness disclosure regarding                                                 ways to minimize the burden of the                                                     identification of any institutions which
sradovich on DSK3GMQ082PROD with NOTICES




                                                substitute checks. The regulation also                                         collection of information on                                                           have been placed in liquidation, please
                                                requires notice to the depositary bank                                         respondents, including through the use                                                 visit the Corporation website at
                                                and to a customer of nonpayment of a                                           of automated collection techniques or                                                  www.fdic.gov/bank/individual/failed/
                                                check.                                                                         other forms of information technology.                                                 banklist.html, or contact the Manager of
                                                   Regulation DD also has similar                                              All comments will become a matter of                                                   Receivership Oversight in the
                                                consumer protection disclosure                                                 public record.                                                                         appropriate service center.



                                           VerDate Sep<11>2014         18:14 Dec 27, 2017          Jkt 244001        PO 00000        Frm 00037              Fmt 4703       Sfmt 4703         E:\FR\FM\28DEN1.SGM                      28DEN1


                                                61570                           Federal Register / Vol. 82, No. 248 / Thursday, December 28, 2017 / Notices

                                                                                                                   INSTITUTIONS IN LIQUIDATION
                                                                                                                          [In alphabetical order]

                                                      FDIC Ref. No.                                     Bank name                                        City                                State                     Date closed

                                                10530 ...........................   Washington Federal Bank for Savings ...............     Chicago ........................   IL ..................................     12/15/2017



                                                  Dated: December 22, 2017.                                 FEDERAL MARITIME COMMISSION                                 Regulation Rule entitled Power Output
                                                Federal Deposit Insurance Corporation.                                                                                  Claims for Amplifiers Utilized in Home
                                                Valerie J. Best,                                            Notice of Agreement Filed                                   Entertainment Products (Amplifier Rule
                                                                                                                                                                        or Rule) (OMB Control Number 3084–
                                                Assistant Executive Secretary.                                 The Commission hereby gives notice
                                                                                                                                                                        0105). That clearance expires on January
                                                [FR Doc. 2017–28065 Filed 12–27–17; 8:45 am]                of the filing of the following agreement
                                                                                                                                                                        31, 2018.
                                                BILLING CODE 6714–01–P
                                                                                                            under the Shipping Act of 1984.
                                                                                                            Interested parties may submit comments                      DATES: Comments must be received by
                                                                                                            on the agreement to the Secretary,                          January 29, 2018.
                                                                                                            Federal Maritime Commission,                                ADDRESSES: Interested parties may file a
                                                FEDERAL DEPOSIT INSURANCE
                                                                                                            Washington, DC 20573, within twelve                         comment online or on paper by
                                                CORPORATION
                                                                                                            days of the date this notice appears in                     following the instructions in the
                                                Notice to All Interested Parties of                         the Federal Register. A copy of the                         Request for Comments part of the
                                                                                                            agreement is available through the                          SUPPLEMENTARY INFORMATION section
                                                Intent To Terminate the Receivership
                                                of 10344, Citizens Bank of Effingham,                       Commission’s website (www.fmc.gov) or                       below. Write ‘‘Amplifier Rule: FTC File
                                                Springfield, Georgia                                        by contacting the Office of Agreements                      No. P974222’’ on your comment, and
                                                                                                            at (202)-523–5793 or tradeanalysis@                         file your comment online at https://
                                                   Notice is hereby given that the                          fmc.gov.                                                    ftcpublic.commentworks.com/ftc/
                                                Federal Deposit Insurance Corporation                          Agreement No.: 201178–002.                               amplifierrulepra2 by following the
                                                (‘‘FDIC’’), as Receiver for Citizens Bank                      Title: Los Angeles/Long Beach Port/                      instructions on the web-based form. If
                                                of Effingham, Springfield, Georgia                          Terminal Operator Administration and                        you prefer to file your comment on
                                                (‘‘Receiver’’), intends to terminate its                    Implementation Agreement.                                   paper, mail your comment to the
                                                receivership for said institution. The                         Parties: The West Coast MTO                              following address: Federal Trade
                                                FDIC was appointed Receiver of                              Agreement and its individual marine                         Commission, Office of the Secretary,
                                                Citizens Bank of Effingham on February                      terminal operator members; The City of                      600 Pennsylvania Avenue NW, Suite
                                                18, 2011. The liquidation of the                            Los Angeles, acting by and through its                      CC–5610 (Annex J), Washington, DC
                                                receivership assets has been completed.                     Board of Harbor Commissioners; and                          20580, or deliver your comment to the
                                                To the extent permitted by available                        The City of Long Beach, acting by and                       following address: Federal Trade
                                                funds and in accordance with law, the                       through its Board of Harbor                                 Commission, Office of the Secretary,
                                                receiver will be making a final dividend                    Commissioners.                                              Constitution Center, 400 7th Street SW,
                                                payment to proven creditors. Based                             Filing Party: David F. Smith, Esq.;                      5th Floor, Suite 5610 (Annex J),
                                                upon the foregoing, the receiver has                        Cozen O’Conner; 1200 Nineteenth Street                      Washington, DC 20024.
                                                determined that the continued existence                     NW, Washington, DC 20036.                                   FOR FURTHER INFORMATION CONTACT:
                                                of the receivership will serve no useful                       Synopsis: The amendment updates                          Requests for additional information or
                                                purpose. Consequently, notice is given                      the membership of the Agreement.                            copies of the proposed information
                                                that the receivership shall be                                By Order of the Federal Maritime                          requirements should be addressed to
                                                terminated, to be effective no sooner                       Commission.                                                 Jock K. Chung, Attorney, Division of
                                                than thirty days after the date of this                       Dated: December 22, 2017.                                 Enforcement, Bureau of Consumer
                                                notice. If any person wishes to comment                     Rachel E. Dickon,                                           Protection, Federal Trade Commission,
                                                concerning the termination of the                           Assistant Secretary.                                        Mail Code CC–9528, 600 Pennsylvania
                                                receivership, such comment must be                          [FR Doc. 2017–28097 Filed 12–27–17; 8:45 am]
                                                                                                                                                                        Ave. NW, Washington, DC 20580, (202)
                                                made in writing and sent within thirty                                                                                  326–2984.
                                                                                                            BILLING CODE 6731–AA–P
                                                days of the date of this notice to: Federal                                                                             SUPPLEMENTARY INFORMATION:
                                                Deposit Insurance Corporation, Division                                                                                    Title: Amplifier Rule, 16 CFR part
                                                of Resolutions and Receiverships,                                                                                       432.
                                                                                                            FEDERAL TRADE COMMISSION                                       OMB Control Number: 3084–0105.
                                                Attention: Receivership Oversight
                                                Department 34.6, 1601 Bryan Street,                                                                                        Type of Review: Extension of a
                                                                                                            Agency Information Collection
                                                Dallas, TX 75201.                                                                                                       currently approved collection.
                                                                                                            Activities; Submission for OMB                                 Abstract: The Amplifier Rule assists
                                                   No comments concerning the                               Review; Comment Request                                     consumers by standardizing the
                                                termination of this receivership will be                    AGENCY:    Federal Trade Commission                         measurement and disclosure of power
                                                considered which are not sent within                        (‘‘FTC’’).                                                  output and other performance
                                                this time frame.                                                                                                        characteristics of amplifiers in stereos
                                                                                                            ACTION: Notice and request for comment.
sradovich on DSK3GMQ082PROD with NOTICES




                                                  Dated at Washington, DC, on December 22,                                                                              and other home entertainment
                                                2017.                                                       SUMMARY:  In compliance with the                            equipment. The Rule also specifies the
                                                Federal Deposit Insurance Corporation.                      Paperwork Reduction Act (PRA) of                            test conditions necessary to make the
                                                                                                            1995, the FTC is seeking public                             disclosures that the Rule requires.
                                                Valerie J. Best,
                                                                                                            comments on its request to OMB for a                           On October 16, 2017, the Commission
                                                Assistant Executive Secretary.                              three-year extension of the current PRA                     sought comment on the information
                                                [FR Doc. 2017–28066 Filed 12–27–17; 8:45 am]                clearance for information collection                        collection requirements in the Amplifier
                                                BILLING CODE 6714–01–P                                      requirements contained in its Trade                         Rule. 82 FR 48085. No comments were


                                           VerDate Sep<11>2014      18:14 Dec 27, 2017    Jkt 244001   PO 00000   Frm 00038   Fmt 4703   Sfmt 4703   E:\FR\FM\28DEN1.SGM          28DEN1



Document Created: 2017-12-28 00:44:26
Document Modified: 2017-12-28 00:44:26
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
ActionUpdate listing of financial institutions in liquidation.
FR Citation82 FR 61569 

2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR