83 FR 40292 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
FEDERAL RESERVE SYSTEM Federal Register Volume 83, Issue 157 (August 14, 2018)
Federal Register Volume 83, Issue 157 (August 14, 2018)
| Page Range | 40292-40293 | |
| FR Document | 2018-17403 |
[Federal Register Volume 83, Number 157 (Tuesday, August 14, 2018)] [Notices] [Pages 40292-40293] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-17403] ======================================================================= ----------------------------------------------------------------------- FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than August 29, 2018. [[Page 40293]] A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001: 1. Darrin Church, Farmington, New Mexico; to acquire voting shares of the Employee Stock Bonus Trust for the Employees of Citizens Bank and the Citizens Bank Employees Stock Ownership and Retirement Savings Plan (ESOP), Farmington, New Mexico, by virtue of his authority to direct the trustee of ESOP, and thereby indirectly acquire shares of Citizens Bankshares, Inc., and thereby acquire shares of The Citizens Bank, both of Farmington, New Mexico. 2. John D. Russell, Fullerton, Nebraska; to retain voting shares of First National Holding Company, Inc., Fullerton, Nebraska, and thereby retain shares of First Bank and Trust of Fullerton, Fullerton, Nebraska. In addition, John D. Russell, Timothy Russell and Ann Russell, both of Hastings, Nebraska, Jamie McQuillan, Menomonee Falls, Wisconsin, Riley Russell, Lincoln, Nebraska, and Krista Heiden, Hickman, Nebraska, have applied to become members of the Russell Family Group, which owns voting shares of First National Holding Company, Inc., and thereby indirectly owns shares of First Bank and Trust of Fullerton. 3. George Wesley Boyd and Karen Boyd Pou, both of Dallas, Texas, and George Mitchell Boyd, Jr., Austin, Texas; to acquire voting shares of Republic Trinidad Corporation, Houston Texas, and thereby indirectly acquire shares of First National Bank in Trinidad, Trinidad, Colorado. In connection with the notice, notificants also have applied to become members of the Boyd Family Group, which owns voting shares of Republic Trinidad Corporation, and thereby indirectly owns shares of First National Bank in Trinidad, Trinidad, Colorado. Board of Governors of the Federal Reserve System, August 9, 2018. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2018-17403 Filed 8-13-18; 8:45 am] BILLING CODE P
![40292 Federal Register / Vol. 83, No. 157 / Tuesday, August 14, 2018 / Notices
the FHFA is responsible for 40 burden Requirements for State and Federal which could include partnering with
hours.9 AMCs) is too low. The commenter did the Nationwide Multistate Licensing
IC #4: State Reporting Requirements not offer an estimate of what the number System (NMLS) or investing in a new
to the Appraisal Subcommittee. The should be and appears to agree that, as process. Furthermore, the commenter
burden hours for State reporting to the stated in footnote 5, the actual number believes the ASC should be more
ASC are estimated by multiplying the of affected AMCs will be known once aggressive in supporting modernization
number of states by the hour burden per the AMC National Registry is fully of the outdated National Appraiser
state.10 Then the burden hours are operational. Registry (which AMCs must use to
divided equally among the FDIC, FRB, The commenter indicates that its comply with the minimum
OCC, and the FHFA. The total burden members believe that the estimate of the requirements). FDIC notes that the
hour for state reporting is 50 hours: 55 annual burden to comply is also too commenter’s suggestions do not relate to
states × 1 hour/state = 55 hours. This is low. The commenter recommends that the information collection. The FDIC
then equally divided across the 4 the estimate be increased to twice the will, however, refer these suggestions to
agencies for 14 burden hours each, with current estimate. The commenter notes the ASC for consideration.
rounding.11 that each state differs in complexity of Request for Comment: Comments are
Comments Received: their demands for the collection of invited on: (a) Whether the collection of
The FDIC received one comment information and not all are on the same information is necessary for the proper
letter from an appraisal management renewal schedule. Some renew annually performance of the FDIC’s functions,
company trade association. and some biennially, which have including whether the information has
In response to the request for varying burdens for preparation and practical utility; (b) the accuracy of the
comment on whether this collection of validation. The burden estimates for this estimates of the burden of the
information is necessary for the proper collection have historically been information collection, including the
performance of the functions of the prepared on an industry-wide basis and validity of the methodology and
FDIC, including whether the then allotted to each agency. The FDIC assumptions used; (c) ways to enhance
information has practical utility, the prepared the industry-wide estimates the quality, utility, and clarity of the
commenter agreed that this collection of for this renewal. We invite commenters information to be collected; and (d)
information is necessary and has to review the analysis, which is ways to minimize the burden of the
practical utility but ‘‘only to the extent included in our supporting statement,
that the information collected serves the collection of information on
and comment during the 30-day respondents, including through the use
proper purpose to promote appraiser comment period.
independence while ensuring a healthy of automated collection techniques or
In response to the request for other forms of information technology.
real estate valuation market.’’ This comment on ways to enhance the
suggests that the commenter believes All comments will become a matter of
quality, utility, and clarity of the
that the ‘‘proper purpose’’ of the public record.
information to be collected, the
collection is limited to the promotion to commenter suggested that the ASC Dated at Washington, DC, on August 8,
appraiser independence. In response to should issue additional guidance to 2018.
this comment, the FDIC notes that the states and AMCs concerning the AMC Federal Deposit Insurance Corporation.
purpose of the AMC rule and the minimum requirements. The goal of Robert E. Feldman,
collection is to implement all required such guidance would be to ‘‘provide Executive Secretary.
elements of the statute, not only consistency in the implementation of [FR Doc. 2018–17377 Filed 8–13–18; 8:45 am]
provisions that relate to appraiser the regulations and information BILLING CODE 6714–01–P
independence.12 The Agencies were required.’’
required to adopt regulations to The commenter also expressed
implement all the statutory concern that wide variation of AMC FEDERAL RESERVE SYSTEM
requirements and this collection of requirements from state to state may
information is a necessary and useful have material unintended consequences Change in Bank Control Notices;
component of such implementation. on lending activity in a particular Acquisitions of Shares of a Bank or
In response to the request for jurisdiction. The commenter’s Bank Holding Company
comment on the accuracy of FDIC’s suggestions do not relate to the
estimate of the information collection information collection. In addition, The notificants listed below have
burden, the commenter opines that the while Title XI and the AMC rule set applied under the Change in Bank
FDIC’s estimate of the number of minimum standards for the registration Control Act (12 U.S.C. 1817(j)) and
entities that meet the definition of an and supervision of AMCs by states, Title § 225.41 of the Board’s Regulation Y (12
AMC under IC #3: (Reporting XI and the AMC rule expressly provide CFR 225.41) to acquire shares of a bank
that a state may adopt requirements in or bank holding company. The factors
9 See footnote 9. addition to those contained in the AMC that are considered in acting on the
10 The number of states includes all U.S. states, regulation. 12 U.S.C. 3353(b); 12 CFR notices are set forth in paragraph 7 of
territories, and districts, to include the
Commonwealth of the Northern Mariana Islands, 34.210(d). The FDIC will, however, refer the Act (12 U.S.C. 1817(j)(7)).
the District of Columbia, Guam, Puerto Rico, and these suggestions to the ASC for The notices are available for
the U.S. Virgin Islands. The burden estimate of one consideration. immediate inspection at the Federal
hour per report is unchanged from the estimate In response to the request for Reserve Bank indicated. The notices
provided for the currently-approved ICR. The
comments on ways to minimize the also will be available for inspection at
amozie on DSK3GDR082PROD with NOTICES1
subject matter experts at the FDIC do not believe
this estimate needs to be updated for this renewal. burden of the collection on respondents, the offices of the Board of Governors.
11 See footnote 9. including through the use of automated Interested persons may express their
12 See 12 U.S.C. 3353(a) (setting minimum collection techniques or other forms of views in writing to the Reserve Bank
requirements for registration regulation in information technology, the commenter indicated for that notice or to the offices
participating states); id. section 3353(d) (setting
registration limitations for AMCs); and id. section
recommends that the ASC find of the Board of Governors. Comments
3353(e) (requiring reporting of information by opportunities to develop reporting must be received not later than August
AMCs to the ASC). efficiencies in the licensing system, 29, 2018.
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![Federal Register / Vol. 83, No. 157 / Tuesday, August 14, 2018 / Notices 40293
A. Federal Reserve Bank of Kansas DEPARTMENT OF HEALTH AND attitudes, beliefs, and reported behavior
City (Dennis Denney, Assistant Vice HUMAN SERVICES about food safety and various topics
President) 1 Memorial Drive, Kansas related to health, nutrition, and physical
City, Missouri 64198–0001: Food and Drug Administration activity. Survey questions covering
[Docket No. FDA–2018–N–2701] hand washing, using food
1. Darrin Church, Farmington, New
thermometers, cleaning cutting boards,
Mexico; to acquire voting shares of the
Agency Information Collection and properly storing food support
Employee Stock Bonus Trust for the ‘‘Healthy People 2030’’ objectives
Employees of Citizens Bank and the Activities; Submission for Office of
Management and Budget Review; relating to consumer food safety and
Citizens Bank Employees Stock help evaluate and develop strategies and
Comment Request; Food and Drug
Ownership and Retirement Savings Plan programs to encourage consumers to
Administration Food Safety, Health,
(ESOP), Farmington, New Mexico, by adopt healthy lifestyles.
and Diet Survey
virtue of his authority to direct the Since late 1990, we have deployed
trustee of ESOP, and thereby indirectly AGENCY: Food and Drug Administration, two separate surveys to address these
acquire shares of Citizens Bankshares, HHS. topics: The ‘‘Food Safety Survey,’’
Inc., and thereby acquire shares of The ACTION: Notice. approved under OMB control no. 0910–
Citizens Bank, both of Farmington, New 0345; and the ‘‘Health and Diet Survey,’’
Mexico. SUMMARY: The Food and Drug approved under OMB control no. 0910–
Administration (FDA, Agency, or we) is 0545. The surveys have provided data
2. John D. Russell, Fullerton, announcing that a proposed collection used in support of Nutritional Facts
Nebraska; to retain voting shares of First of information has been submitted to the labeling and have helped inform the
National Holding Company, Inc., Office of Management and Budget focus and scope of food safety
Fullerton, Nebraska, and thereby retain (OMB) for review and clearance under educational campaigns. Because there
shares of First Bank and Trust of the Paperwork Reduction Act of 1995. are many related topic areas included in
Fullerton, Fullerton, Nebraska. In DATES: Fax written comments on the the two surveys, we have decided to
addition, John D. Russell, Timothy collection of information by September combine them. The newly proposed
Russell and Ann Russell, both of 13, 2018. ‘‘FDA Food Safety, Health, and Diet
Hastings, Nebraska, Jamie McQuillan, Survey’’ will contain many of the same
ADDRESSES: To ensure that comments on
Menomonee Falls, Wisconsin, Riley the information collection are received, questions and topics as the previous
Russell, Lincoln, Nebraska, and Krista OMB recommends that written surveys, measuring trends in food
Heiden, Hickman, Nebraska, have comments be faxed to the Office of safety, diet knowledge, attitudes, and
applied to become members of the Information and Regulatory Affairs, behaviors over time. The survey will
Russell Family Group, which owns OMB, Attn: FDA Desk Officer, Fax: 202– focus on three major themes: Eat, Shop,
voting shares of First National Holding 395–7285, or emailed to oira_ and Prepare. These themes and survey
Company, Inc., and thereby indirectly submission@omb.eop.gov. All questions were selected to gather
owns shares of First Bank and Trust of comments should be identified with the information from consumers that will
Fullerton. help FDA monitor and evaluate its
OMB control number 0910–0345. Also
programs and policies relating to menu
3. George Wesley Boyd and Karen include the FDA docket number found
labeling, use of the Nutrition Facts label,
Boyd Pou, both of Dallas, Texas, and in brackets in the heading of this
and food safety education activities.
George Mitchell Boyd, Jr., Austin, Texas; document. The theme ‘‘Eat’’ will include
to acquire voting shares of Republic FOR FURTHER INFORMATION CONTACT: questions related to eating at
Trinidad Corporation, Houston Texas, Domini Bean, Office of Operations, restaurants, including the frequency of
and thereby indirectly acquire shares of Food and Drug Administration, Three eating at restaurants, awareness of menu
First National Bank in Trinidad, White Flint North, 10A–12M, 11601 labeling, and use of restaurant health
Trinidad, Colorado. In connection with Landsdown St., North Bethesda, MD inspection scores. It will also include
the notice, notificants also have applied 20852, 301–796–5733, PRAStaff@ questions about consumers’ overall
to become members of the Boyd Family fda.hhs.gov. dietary patterns, consumption of
Group, which owns voting shares of SUPPLEMENTARY INFORMATION: In potentially risky foods, and perceptions
Republic Trinidad Corporation, and compliance with 44 U.S.C. 3507, FDA of food safety risks. The theme ‘‘Shop’’
thereby indirectly owns shares of First has submitted the following proposed will include questions about use of the
National Bank in Trinidad, Trinidad, Nutrition Facts label, claims made on
collection of information to OMB for
the front of food packages, and
Colorado. review and clearance.
perceptions related to organic and
Board of Governors of the Federal Reserve Food Safety, Health, and Diet Survey genetically engineered foods. Finally,
System, August 9, 2018. the theme ‘‘Prepare’’ will include
OMB Control Number 0910–0345—
Yao-Chin Chao, questions about food handling practices
Reinstatement
Assistant Secretary of the Board. related to cleaning hands and surfaces,
[FR Doc. 2018–17403 Filed 8–13–18; 8:45 am]
This information collection supports separating raw meat from ready-to-eat
the above captioned FDA survey. Under foods, using food thermometers,
BILLING CODE P
section 1003(b)(2) of the Federal Food, preparing ready- and non-ready-to-eat
Drug, and Cosmetic Act (21 U.S.C. foods, and properly chilling foods.
amozie on DSK3GDR082PROD with NOTICES1
393(b)(2)), FDA is authorized to conduct The survey will be administered using
research relating to foods and to two sampling and administrative
conduct educational and public methodologies: A random-digit-dial
information programs relating to the telephone survey of both landline and
safety of the nation’s food supply. cell phones, and an addressed-based,
Accordingly, we are proposing a survey mail push-to-web survey. Previously, for
to measure consumers’ knowledge, both the ‘‘Health and Diet Survey’’ and
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Document Created: 2018-08-14 02:19:53
Document Modified: 2018-08-14 02:19:53
| 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 | 83 FR 40292 |
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