83_FR_27890 83 FR 27775 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

83 FR 27775 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 83, Issue 115 (June 14, 2018)

Page Range27775-27775
FR Document2018-12766

Federal Register, Volume 83 Issue 115 (Thursday, June 14, 2018)
[Federal Register Volume 83, Number 115 (Thursday, June 14, 2018)]
[Notices]
[Page 27775]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-12766]


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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 July 11, 2018.
    A. Federal Reserve Bank of San Francisco (Gerald C. Tsai, Director, 
Applications and Enforcement) 101 Market Street, San Francisco, 
California 94105-1579:
    1. Eastern International Bancorp, Inc.; to become a bank holding 
company by acquiring 100 percent of Eastern International Bank, both of 
Los Angeles, California.

    Board of Governors of the Federal Reserve System, June 11, 2018.
Ann Misback,
Secretary of the Board.
[FR Doc. 2018-12766 Filed 6-13-18; 8:45 am]
 BILLING CODE P



                                                                             Federal Register / Vol. 83, No. 115 / Thursday, June 14, 2018 / Notices                                                  27775

                                               control number of this ICR and then                        Privacy Impact Assessment: No                       Federal Communications Commission.
                                               click on the ICR Reference Number. A                    impact(s).                                             Katura Jackson,
                                               copy of the FCC submission to OMB                          Needs and Uses: In 1999, the                        Federal Register Liaison Officer, Office of the
                                               will be displayed.                                      Commission released the Truth-in-                      Secretary.
                                               SUPPLEMENTARY INFORMATION: As part of                   Billing and Billing Format, CC Docket                  [FR Doc. 2018–12787 Filed 6–13–18; 8:45 am]
                                               its continuing effort to reduce                         No. 98–170, First Report and Order and                 BILLING CODE 6712–01–P
                                               paperwork burdens, and as required by                   Further Notice of Proposed Rulemaking,
                                               the Paperwork Reduction Act (PRA) of                    (1999 TIB Order); published at 64 FR
                                               1995 (44 U.S.C. 3501–3520), the Federal                 34488, June 25, 1999, which adopted
                                               Communications Commission (FCC or                       principles and guidelines designed to                  FEDERAL RESERVE SYSTEM
                                               the Commission) invites the general                     reduce telecommunications fraud, such
                                               public and other Federal agencies to                                                                           Formations of, Acquisitions by, and
                                                                                                       as slamming and cramming, by making
                                               take this opportunity to comment on the                                                                        Mergers of Bank Holding Companies
                                                                                                       bills easier for consumers to read and
                                               following information collection.                       understand, and thereby, making such                     The companies listed in this notice
                                               Comments are requested concerning:                      fraud easier to detect and report. In                  have applied to the Board for approval,
                                               whether the proposed collection of                      2000, Truth-in-Billing and Billing                     pursuant to the Bank Holding Company
                                               information is necessary for the proper                 Format, CC Docket No. 98–170, Order                    Act of 1956 (12 U.S.C. 1841 et seq.)
                                               performance of the functions of the                     on Reconsideration, (2000                              (BHC Act), Regulation Y (12 CFR part
                                               Commission, including whether the                       Reconsideration Order); published at 65                225), and all other applicable statutes
                                               information shall have practical utility;               FR 43251, July 13, 2000, the                           and regulations to become a bank
                                               the accuracy of the Commission’s                        Commission, granted in part petitions                  holding company and/or to acquire the
                                               burden estimate; ways to enhance the                    for reconsideration of the requirements                assets or the ownership of, control of, or
                                               quality, utility, and clarity of the                    that bills highlight new service                       the power to vote shares of a bank or
                                               information collected; ways to minimize                 providers and prominently display                      bank holding company and all of the
                                               the burden of the collection of                         inquiry contact numbers. On March 18,                  banks and nonbanking companies
                                               information on the respondents,                         2005, the Commission released Truth-                   owned by the bank holding company,
                                               including the use of automated                          in-Billing and Billing Format; National                including the companies listed below.
                                               collection techniques or other forms of                 *15566 Association of State Utility
                                               information technology; and ways to                                                                              The applications listed below, as well
                                                                                                       Consumer Advocates’ Petition for                       as other related filings required by the
                                               further reduce the information                          Declaratory Ruling Regarding Truth-in-
                                               collection burden on small business                                                                            Board, are available for immediate
                                                                                                       Billing, Second Report and Order,                      inspection at the Federal Reserve Bank
                                               concerns with fewer than 25 employees.                  Declaratory Ruling, and Second Further
                                                  OMB Control Number: 3060–0854.                                                                              indicated. The applications will also be
                                                                                                       Notice of Proposed Rulemaking, CC                      available for inspection at the offices of
                                                  Title: Section 64.2401, Truth-in-                    Docket No. 98–170, CG Docket No. 04–
                                               Billing Format, CC Docket No. 98–170                                                                           the Board of Governors. Interested
                                                                                                       208, (2005 Second Report and Order                     persons may express their views in
                                               and CG Docket No. 04–208.                               and Second Further Notice); published
                                                  Form Number: N/A.                                                                                           writing on the standards enumerated in
                                                                                                       at 70 FR 29979 and 70 FR 30044, May                    the BHC Act (12 U.S.C. 1842(c)). If the
                                                  Type of Review: Extension of a
                                                                                                       25, 2005, which determined, inter alia,                proposal also involves the acquisition of
                                               currently approved collection.
                                                                                                       that Commercial Mobile Radio Service                   a nonbanking company, the review also
                                                  Respondents: Business or other for-
                                                                                                       providers no longer should be exempted                 includes whether the acquisition of the
                                               profit entities.
                                                                                                       from 47 CFR 64.2401(b), which requires                 nonbanking company complies with the
                                                  Number of Respondents and
                                                                                                       billing descriptions to be brief, clear,               standards in section 4 of the BHC Act
                                               Responses: 4,165 respondents; 33,819
                                                                                                       non-misleading and in plain language.                  (12 U.S.C. 1843). Unless otherwise
                                               responses.
                                                                                                       The 2005 Second Further Notice                         noted, nonbanking activities will be
                                                  Estimated Time per Response: 2 to
                                                                                                       proposed and sought comment on                         conducted throughout the United States.
                                               230 hours.
                                                                                                       measures to enhance the ability of                       Unless otherwise noted, comments
                                                  Frequency of Response: On occasion
                                               reporting requirement; Third party                      consumers to make informed choices                     regarding each of these applications
                                               disclosure requirement.                                 among competitive telecommunications                   must be received at the Reserve Bank
                                                  Obligation to Respond: Required to                   service providers.                                     indicated or the offices of the Board of
                                               obtain or retain benefits. The statutory                   On April 27, 2012, the Commission                   Governors not later than July 11, 2018.
                                               authority for this information collection               released the Empowering Consumers to                     A. Federal Reserve Bank of San
                                               is found at section 201(b) of the                       Prevent and Detect Billing for                         Francisco (Gerald C. Tsai, Director,
                                               Communications Act of 1934, as                          Unauthorized Charges (‘‘Cramming’’),                   Applications and Enforcement) 101
                                               amended, 47 U.S.C. 201(b), and section                  Report and Order and Further Notice of                 Market Street, San Francisco, California
                                               258, 47 U.S.C. 258, Public Law 104–104,                 Proposed Rulemaking, CG Docket No.                     94105–1579:
                                               110 Stat. 56. The Commission’s                          11–116, CG Docket No. 09–158, CC                         1. Eastern International Bancorp, Inc.;
                                               implementing rules are codified at 47                   Docket No. 98–170, FCC 12–42                           to become a bank holding company by
                                               CFR 64.2400.                                            (Cramming Report and Order and                         acquiring 100 percent of Eastern
                                                  Total Annual Burden: 1,950,433                       Further Notice of Proposed                             International Bank, both of Los Angeles,
                                               hours.                                                  Rulemaking); published at 77 FR 30972,                 California.
daltland on DSKBBV9HB2PROD with NOTICES




                                                  Total Annual Cost: $15,918,200.                      May 24, 2012, which determined that
                                                  Nature and Extent of Confidentiality:                additional rules are needed to help                      Board of Governors of the Federal Reserve
                                               An assurance of confidentiality is not                  consumers prevent and detect the                       System, June 11, 2018.
                                               offered because this information                        placement of unauthorized charges on                   Ann Misback,
                                               collection does not require the                         their telephone bills, an unlawful and                 Secretary of the Board.
                                               collection of personally identifiable                   fraudulent practice commonly referred                  [FR Doc. 2018–12766 Filed 6–13–18; 8:45 am]
                                               information from individuals.                           to as ‘‘cramming.’’                                    BILLING CODE P




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Document Created: 2018-06-14 01:39:13
Document Modified: 2018-06-14 01:39:13
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 Citation83 FR 27775 

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