83 FR 51461 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 83, Issue 197 (October 11, 2018)

Page Range		51461-51461
FR Document		2018-22105

Federal Register, Volume 83 Issue 197 (Thursday, October 11, 2018)

[Federal Register Volume 83, Number 197 (Thursday, October 11, 2018)]
[Notices]
[Page 51461]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-22105]


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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 November 7, 2018.
    A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice 
President) 701 East Byrd Street, Richmond, Virginia 23219. Comments can 
also be sent electronically to Comments.applications@rich.frb.org:
    1. Carolina Trust Bancshares, Inc., Lincolnton, North Carolina; to 
acquire 100 percent of the voting shares of Clover Community 
Bankshares, Inc., and thereby indirectly acquire Clover Community Bank, 
both of Clover, South Carolina.

    Board of Governors of the Federal Reserve System, October 5, 
2018.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2018-22105 Filed 10-10-18; 8:45 am]
 BILLING CODE P

Federal Register / Vol. 83, No. 197 / Thursday, October 11, 2018 / Notices 51461

System (NAICS) Code 32551, ‘‘Paint and Unless otherwise noted, comments Additionally submit a copy to GSA by
Coating Manufacturing,’’ and NAICS regarding each of these applications any of the following methods:
Code 325998, ‘‘All Other Miscellaneous must be received at the Reserve Bank • Regulations.gov: http://
Chemical Production and Preparation indicated or the offices of the Board of www.regulations.gov.
Manufacturing’’). Governors not later than November 7, Submit comments via the Federal
Respondent’s obligation to respond: 2018. eRulemaking portal by searching the
Mandatory under 40 CFR part 59, A. Federal Reserve Bank of Richmond OMB control number. Select the link
subpart E. (Adam M. Drimer, Assistant Vice ‘‘Submit a Comment’’ that corresponds
Estimated number of respondents: 65 President) 701 East Byrd Street, with ‘‘Information Collection 9000–
(total). Richmond, Virginia 23219. Comments 0043, Delivery Schedules’’. Follow the
Frequency of response: Annual, can also be sent electronically to instructions provided at the ‘‘Submit a
triennial. Comments.applications@rich.frb.org: Comment’’ screen. Please include your
Total estimated burden: 12,259 hours 1. Carolina Trust Bancshares, Inc., name, company name (if any), and
(per year). Burden is defined at 5 CFR Lincolnton, North Carolina; to acquire ‘‘Information Collection 9000–0043,
1320.03(b). 100 percent of the voting shares of Delivery Schedules’’ on your attached
Total estimated cost: $855,113 (per Clover Community Bankshares, Inc., document.
year), includes no annualized capital or and thereby indirectly acquire Clover • Mail: General Services
operation and maintenance costs. Community Bank, both of Clover, South Administration, Regulatory Secretariat
Changes in Estimates: There is a Carolina. Division (MVCB), 1800 F Street NW,
decrease of 6 hours in the total Board of Governors of the Federal Reserve Washington, DC 20405. ATTN: Ms.
estimated respondent burden compared System, October 5, 2018. Mandell/IC 9000–0043, Delivery
with the ICR currently approved by Yao-Chin Chao, Schedules.
OMB. This decrease is due to addressing Instructions: Please submit comments
Assistant Secretary of the Board.
calculation errors in the previously only and cite Information Collection
[FR Doc. 2018–22105 Filed 10–10–18; 8:45 am]
approved ICR. 9000–0043, Delivery Schedules, in all
BILLING CODE P
Courtney Kerwin,
correspondence related to this
collection. Comments received generally
Director, Regulatory Support Division.
will be posted without change to http://
[FR Doc. 2018–22071 Filed 10–10–18; 8:45 am]
DEPARTMENT OF DEFENSE www.regulations.gov, including any
BILLING CODE 6560–50–P personal and/or business confidential
GENERAL SERVICES information provided. To confirm
ADMINISTRATION receipt of your comment(s), please
FEDERAL RESERVE SYSTEM check www.regulations.gov,
NATIONAL AERONAUTICS AND approximately two-to-three days after
Formations of, Acquisitions by, and SPACE ADMINISTRATION submission to verify posting (except
Mergers of Bank Holding Companies allow 30 days for posting of comments
[OMB Control No. 9000–0043; Docket No.
The companies listed in this notice submitted by mail).
2018–0003; Sequence No. 8]
have applied to the Board for approval, FOR FURTHER INFORMATION CONTACT: Mr.
pursuant to the Bank Holding Company Submission for OMB Review; Delivery Michael O. Jackson, Federal Acquisition
Act of 1956 (12 U.S.C. 1841 et seq.) Schedules Policy Division, GSA 202–208–4949 or
(BHC Act), Regulation Y (12 CFR part via email at michaelo.jackson@gsa.gov.
225), and all other applicable statutes AGENCY: Department of Defense (DOD),
SUPPLEMENTARY INFORMATION:
and regulations to become a bank General Services Administration (GSA),
holding company and/or to acquire the and National Aeronautics and Space A. Purpose
assets or the ownership of, control of, or Administration (NASA). The time of delivery or performance
the power to vote shares of a bank or ACTION: Notice of request for public is an essential contract element and
bank holding company and all of the comments regarding an extension to an must be clearly stated in solicitations
banks and nonbanking companies existing OMB clearance. and contracts. The contracting officer
owned by the bank holding company, may set forth a required delivery
including the companies listed below. SUMMARY: Under the provisions of the
schedule or may allow an offeror to
The applications listed below, as well Paperwork Reduction Act, the
propose an alternate delivery schedule,
as other related filings required by the Regulatory Secretariat Division will be
for other than those for construction and
Board, are available for immediate submitting to the Office of Management
architect-engineering, by inserting in
inspection at the Federal Reserve Bank and Budget (OMB) a request to review
solicitations and contracts a clause
indicated. The applications will also be and approve an extension of a
substantially the same as either FAR
available for inspection at the offices of previously approved information
52.211–8, Time of Delivery, or FAR
the Board of Governors. Interested collection requirement concerning
52.211–9, Desired and Required Time of
persons may express their views in delivery schedules.
Delivery. These clauses allow the
writing on the standards enumerated in DATES: Submit comments on or before contractor to fill in their proposed
the BHC Act (12 U.S.C. 1842(c)). If the November 13, 2018. delivery schedule. The information is
proposal also involves the acquisition of ADDRESSES: Submit comments regarding
khammond on DSK30JT082PROD with NOTICES

needed to assure supplies or services are
a nonbanking company, the review also this burden estimate or any other aspect obtained in a timely manner.
includes whether the acquisition of the of this collection of information,
nonbanking company complies with the including suggestions for reducing this B. Annual Reporting Burden
standards in section 4 of the BHC Act burden to: Office of Information and Respondents: 21,410.
(12 U.S.C. 1843). Unless otherwise Regulatory Affairs of OMB, Attention: Responses per Respondent: 1.
noted, nonbanking activities will be Desk Officer for GSA, Room 10236, Annual Responses: 21,410.
conducted throughout the United States. NEOB, Washington, DC 20503. Hours per Response: .167.

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Document Created: 2018-10-11 15:34:51
Document Modified: 2018-10-11 15:34:51

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 51461