83_FR_32105 83 FR 31973 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

83 FR 31973 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 83, Issue 132 (July 10, 2018)

Page Range31973-31973
FR Document2018-14721

Federal Register, Volume 83 Issue 132 (Tuesday, July 10, 2018)
[Federal Register Volume 83, Number 132 (Tuesday, July 10, 2018)]
[Notices]
[Page 31973]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-14721]


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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 August 1, 2018.
    A. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior 
Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. VBT Financial Corporation, San Antonio, Texas; to acquire 100 
percent of the voting shares of Inter National Bank, McAllen, Texas.

     Board of Governors of the Federal Reserve System, July 5, 2018.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2018-14721 Filed 7-9-18; 8:45 am]
 BILLING CODE P



                                                                                     Federal Register / Vol. 83, No. 132 / Tuesday, July 10, 2018 / Notices                                                      31973

                                              Jamestown Trust #4, the Geesala Trust                                the Board of Governors. Interested                           for estimates and reports of improper
                                              #1, the Geesala Trust #2, the Geesala                                persons may express their views in                           payments by Federal agencies. Subpart
                                              Trust #3, and the Geesala Trust #4; to                               writing on the standards enumerated in                       K of 45 CFR, Part 98 of the Child Care
                                              become savings and loan holdings                                     the BHC Act (12 U.S.C. 1842(c)). If the                      and Development Fund requires States
                                              companies and retain voting shares of                                proposal also involves the acquisition of                    to prepare and submit a report of errors
                                              Prospect Financial Corporation, and                                  a nonbanking company, the review also                        occurring in the administration of CCDF
                                              thereby retain shares of Home Loan                                   includes whether the acquisition of the                      grant funds once every three years.
                                              Investment Bank, F.S.B., both of                                     nonbanking company complies with the
                                                                                                                                                                                  The Office of Child Care (OCC) is
                                              Warwick, Rhode Island.                                               standards in section 4 of the BHC Act
                                                                                                                   (12 U.S.C. 1843). Unless otherwise                           completing the fourth 3-year cycle of
                                                Additionally, the Jamestown Trust #3
                                              and the Geesala Trust #3 have applied                                noted, nonbanking activities will be                         case record reviews to meet the
                                              to acquire all of the shares of Prospect                             conducted throughout the United States.                      requirements for reporting under IPIA.
                                              Financial Corporation’s from the other                                 Unless otherwise noted, comments                           The current data collection forms and
                                              Jamestown Trusts and Geesala Trusts                                  regarding each of these applications                         instructions expire August 31, 2018. As
                                              Warwick, Rhode Island.                                               must be received at the Reserve Bank                         part of the renewal process, OCC has
                                                                                                                   indicated or the offices of the Board of                     revised the document with minor
                                                Board of Governors of the Federal Reserve                                                                                       changes that do not change the
                                              System, July 5, 2018.                                                Governors not later than August 1, 2018.
                                                                                                                     A. Federal Reserve Bank of Dallas                          methodology, but which provide
                                              Yao-Chin Chao,
                                                                                                                   (Robert L. Triplett III, Senior Vice                         respondents with additional guidance,
                                              Assistant Secretary of the Board.                                    President) 2200 North Pearl Street,                          clarification, and support to facilitate
                                              [FR Doc. 2018–14719 Filed 7–9–18; 8:45 am]                           Dallas, Texas 75201–2272:                                    the completeness and accuracy of the
                                              BILLING CODE 6210–01–P                                                 1. VBT Financial Corporation, San                          required data submissions. In addition,
                                                                                                                   Antonio, Texas; to acquire 100 percent                       questions regarding state processes that
                                                                                                                   of the voting shares of Inter National                       previously existed in Section III
                                              FEDERAL RESERVE SYSTEM                                               Bank, McAllen, Texas.                                        Creating the Sampling Decisions,
                                              Formations of, Acquisitions by, and                                    Board of Governors of the Federal Reserve                  Assurances, and Fieldwork Preparation
                                              Mergers of Bank Holding Companies                                    System, July 5, 2018.                                        Plan on page 5, have been reformatted
                                                                                                                   Yao-Chin Chao,                                               into a template to facilitate the
                                                The companies listed in this notice                                Assistant Secretary of the Board.                            submission of this information. Two
                                              have applied to the Board for approval,                              [FR Doc. 2018–14721 Filed 7–9–18; 8:45 am]                   questions added are a description of the
                                              pursuant to the Bank Holding Company                                 BILLING CODE P                                               process for determining the annual
                                              Act of 1956 (12 U.S.C. 1841 et seq.)                                                                                              amount of payments and the projected
                                              (BHC Act), Regulation Y (12 CFR part                                                                                              start date for conducting the case record
                                              225), and all other applicable statutes                                                                                           reviews.
                                                                                                                   DEPARTMENT OF HEALTH AND
                                              and regulations to become a bank                                     HUMAN SERVICES                                                 OCC is particularly interested in
                                              holding company and/or to acquire the
                                                                                                                                                                                feedback regarding the ease and
                                              assets or the ownership of, control of, or                           Administration for Children and                              accuracy with which respondents that
                                              the power to vote shares of a bank or                                Families                                                     pool or combine funds can provide data
                                              bank holding company and all of the
                                                                                                                   [OMB No.: 0970–0323]                                         regarding the pooled funds. Items
                                              banks and nonbanking companies
                                                                                                                                                                                addressing pooled funds are located
                                              owned by the bank holding company,                                   Submission for OMB Review;                                   primarily in Section VII Completing and
                                              including the companies listed below.                                Comment Request; Child Care
                                                The applications listed below, as well                                                                                          Submitting the State Improper Payments
                                                                                                                   Development Fund (CCDF)—Reporting                            Report on pages 43–45 and in the State
                                              as other related filings required by the
                                                                                                                   Improper Payments—Instructions for                           Improper Payments Report template
                                              Board, are available for immediate
                                                                                                                   States                                                       (Attachment 3) beginning on page 65.
                                              inspection at the Federal Reserve Bank
                                              indicated. The applications will also be                               Section 2 of the Improper Payments                           Respondents: State grantees, the
                                              available for inspection at the offices of                           Information Act of 2002 (IPIA) provides                      District of Columbia, and Puerto Rico.

                                                                                                                            ANNUAL BURDEN ESTIMATES
                                                                                                                                                                                                  Average
                                                                                                                                                                                Number of                       Total
                                                                                                                                                              Number of                           burden
                                                                                            Instrument                                                                        responses per                    burden
                                                                                                                                                             respondents                         hours per
                                                                                                                                                                                respondent                      hours
                                                                                                                                                                                                 response

                                              Sampling Decisions, Assurances, and Fieldwork Preparation Plan ...............                                             17                1            106          1802
                                              Record Review Worksheet ..............................................................................                     17              276            6.33    29,700.36
                                              State Improper Payments Report ....................................................................                        17                1            639        10,863
                                              Corrective Action Plan .....................................................................................                8                1            156          1248



                                                Estimated Total Annual Burden                                      C Street SW, Washington, DC 20201.                           collection of information between 30
amozie on DSK3GDR082PROD with NOTICES1




                                              Hours: 43,613.36.                                                    Attention Reports Clearance Officer. All                     and 60 days after publication of this
                                                Additional Information: Copies of the                              requests should be identified by the title                   document in the Federal Register.
                                              proposed collection may be obtained by                               of the information collection. Email                         Therefore, a comment is best assured of
                                              writing to the Administration for                                    address: infocollection@acf.hhs.gov.                         having its full effect if OMB receives it
                                              Children and Families, Office of                                       OMB Comment: OMB is required to                            within 30 days of publication. Written
                                              Planning, Research and Evaluation, 330                               make a decision concerning the                               comments and recommendations for the



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Document Created: 2018-11-06 10:19:07
Document Modified: 2018-11-06 10:19:07
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 31973 

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