83 FR 55365 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 83, Issue 214 (November 5, 2018)

Page Range		55365-55366
FR Document		2018-24143

Federal Register, Volume 83 Issue 214 (Monday, November 5, 2018)

[Federal Register Volume 83, Number 214 (Monday, November 5, 2018)]
[Notices]
[Pages 55365-55366]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-24143]


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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 30, 2018.
    A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
    1. Geneva State Company, Geneva, Nebraska; to acquire voting shares 
of Jefferson County Bancshares, Inc., and thereby indirectly acquire 
Jefferson County Bank, both of Daykin, Nebraska.
    2. Geneva State Company, Geneva, Nebraska; to acquire voting shares 
of First National Fairbury Corporation, and thereby indirectly acquire 
First National Bank of Fairbury, both of Fairbury, Nebraska.


[[Page 55366]]


    Board of Governors of the Federal Reserve System, October 31, 
2018.
Ann Misback,
Secretary of the Board.
[FR Doc. 2018-24143 Filed 11-2-18; 8:45 am]
 BILLING CODE 6210-01-P

Federal Register / Vol. 83, No. 214 / Monday, November 5, 2018 / Notices 55365

MATTERS TO BE CONSIDERED: Compliance Unless otherwise noted, comments Board of Governors of the Federal Reserve
matters pursuant to 52 U.S.C. 30109. regarding each of these applications System, October 30, 2018.
Matters relating to internal personnel must be received at the Reserve Bank Ann Misback,
decisions, or internal rules and indicated or the offices of the Board of Secretary of the Board.
practices. Governors not later than November 27, [FR Doc. 2018–24083 Filed 11–2–18; 8:45 am]
Investigatory records compiled for 2018.
BILLING CODE 6210–01–P
law enforcement purposes and A. Federal Reserve Bank of
production would disclose investigative Philadelphia (William Spaniel, Senior
techniques. Vice President) 100 North 6th Street, FEDERAL RESERVE SYSTEM
Information the premature disclosure Philadelphia, Pennsylvania 19105–
of which would be likely to have a 1521. Comments can also be sent Formations of, Acquisitions by, and
considerable adverse effect on the electronically to Mergers of Bank Holding Companies
implementation of a proposed Comments.applications@phil.frb.org:
Commission action. 1. WSFS Financial Corporation, The companies listed in this notice
Matters concerning participation in Wilmington, Delaware; to merge with have applied to the Board for approval,
civil actions or proceedings or Beneficial Bancorp, Inc., Philadelphia, pursuant to the Bank Holding Company
arbitration. Pennsylvania, and thereby indirectly Act of 1956 (12 U.S.C. 1841 et seq.)
* * * * * acquire shares of Beneficial Bank, (BHC Act), Regulation Y (12 CFR part
Contact Person for More Information: Philadelphia, Pennsylvania. Beneficial 225), and all other applicable statutes
Judith Ingram, Press Officer, Telephone: Bancorp Inc. intends to apply to become and regulations to become a bank
(202) 694–1220. a savings and loan holding company holding company and/or to acquire the
with respect to Beneficial Bank’s assets or the ownership of, control of, or
Laura E. Sinram,
conversion to a stock federal savings the power to vote shares of a bank or
Deputy Secretary of the Commission. association. bank holding company and all of the
[FR Doc. 2018–24245 Filed 11–1–18; 11:15 am]
Board of Governors of the Federal Reserve banks and nonbanking companies
BILLING CODE 6715–01–P
System, October 30, 2018. owned by the bank holding company,
Ann Misback, including the companies listed below.
Secretary of the Board. The applications listed below, as well
FEDERAL RESERVE SYSTEM [FR Doc. 2018–24074 Filed 11–2–18; 8:45 am] as other related filings required by the
BILLING CODE 6210–01–P Board, are available for immediate
Formations of, Acquisitions by, and inspection at the Federal Reserve Bank
Mergers of Savings and Loan Holding indicated. The applications will also be
Companies FEDERAL RESERVE SYSTEM available for inspection at the offices of
the Board of Governors. Interested
The companies listed in this notice Change in Bank Control Notices;
have applied to the Board for approval, persons may express their views in
Acquisitions of Shares of a Bank or writing on the standards enumerated in
pursuant to the Home Owners’ Loan Act Bank Holding Company
(12 U.S.C. 1461 et seq.) (HOLA), the BHC Act (12 U.S.C. 1842(c)). If the
Regulation LL (12 CFR part 238), and The notificants listed below have proposal also involves the acquisition of
Regulation MM (12 CFR part 239), and applied under the Change in Bank a nonbanking company, the review also
all other applicable statutes and Control Act (12 U.S.C. 1817(j)) and includes whether the acquisition of the
regulations to become a savings and § 225.41 of the Board’s Regulation Y (12 nonbanking company complies with the
loan holding company and/or to acquire CFR 225.41) to acquire shares of a bank standards in section 4 of the BHC Act
the assets or the ownership of, control or bank holding company. The factors (12 U.S.C. 1843). Unless otherwise
of, or the power to vote shares of a that are considered in acting on the noted, nonbanking activities will be
savings association and nonbanking notices are set forth in paragraph 7 of conducted throughout the United States.
companies owned by the savings and the Act (12 U.S.C. 1817(j)(7)). Unless otherwise noted, comments
loan holding company, including the The notices are available for regarding each of these applications
companies listed below. immediate inspection at the Federal must be received at the Reserve Bank
The applications listed below, as well Reserve Bank indicated. The notices indicated or the offices of the Board of
as other related filings required by the also will be available for inspection at Governors not later than November 30,
Board, are available for immediate the offices of the Board of Governors. 2018.
inspection at the Federal Reserve Bank Interested persons may express their
A. Federal Reserve Bank of Kansas
indicated. The application also will be views in writing to the Reserve Bank
City (Dennis Denney, Assistant Vice
available for inspection at the offices of indicated for that notice or to the offices
President) 1 Memorial Drive, Kansas
the Board of Governors. Interested of the Board of Governors. Comments
City, Missouri 64198–0001:
persons may express their views in must be received not later than
writing on the standards enumerated in November 21, 2018. 1. Geneva State Company, Geneva,
the HOLA (12 U.S.C. 1467a(e)). If the A. Federal Reserve Bank of Dallas Nebraska; to acquire voting shares of
proposal also involves the acquisition of (Robert L. Triplett III, Senior Vice Jefferson County Bancshares, Inc., and
a nonbanking company, the review also President) 2200 North Pearl Street, thereby indirectly acquire Jefferson
includes whether the acquisition of the Dallas, Texas 75201–2272: County Bank, both of Daykin, Nebraska.
nonbanking company complies with the 1. Kanwar Deep Suri, Dallas, Texas, 2. Geneva State Company, Geneva,
standards in section 10(c)(4)(B) of the and Noah Ratilal Shah, Bartonville, Nebraska; to acquire voting shares of
HOLA (12 U.S.C. 1467a(c)(4)(B)). Unless Texas; to each acquire voting shares of First National Fairbury Corporation, and
otherwise noted, nonbanking activities One World Holding, Inc., and thereby thereby indirectly acquire First National
will be conducted throughout the indirectly acquire voting shares of One Bank of Fairbury, both of Fairbury,
United States. World Bank, both of Dallas, Texas. Nebraska.

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55366 Federal Register / Vol. 83, No. 214 / Monday, November 5, 2018 / Notices

Board of Governors of the Federal Reserve screening in order to inspect and c. Ways to enhance the quality,
System, October 31, 2018. photocopy comments. utility, and clarity of the information to
Ann Misback, Additionally, commenters may send a be collected;
Secretary of the Board. copy of their comments to the OMB d. Ways to minimize the burden of
[FR Doc. 2018–24143 Filed 11–2–18; 8:45 am] Desk Officer—Shagufta Ahmed—Office information collection on respondents,
BILLING CODE 6210–01–P of Information and Regulatory Affairs, including through the use of automated
Office of Management and Budget, New collection techniques or other forms of
Executive Office Building, Room 10235, information technology; and
FEDERAL RESERVE SYSTEM 725 17th Street NW, Washington, DC e. Estimates of capital or startup costs
20503 or by fax to (202) 395–6974. and costs of operation, maintenance,
Proposed Agency Information FOR FURTHER INFORMATION CONTACT: A and purchase of services to provide
Collection Activities; Comment copy of the PRA OMB submission, information.
Request including the proposed reporting form At the end of the comment period, the
and instructions, supporting statement, comments and recommendations
AGENCY: Board of Governors of the received will be analyzed to determine
Federal Reserve System. and other documentation will be placed
into OMB’s public docket files, if the extent to which the Board should
ACTION: Notice, request for comment. modify the proposal.
approved. These documents will also be
SUMMARY: The Board of Governors of the made available on the Board’s public Proposal To Approve Under OMB
Federal Reserve System (Board) invites website at: http://www.federalreserve. Delegated Authority the Extension for
comment on a proposal to extend for gov/apps/reportforms/review.aspx or Three Years, With Revision, of the
three years, with revision, the may be requested from the agency Following Report
Consolidated Holding Company Report clearance officer, whose name appears
Report Title: Consolidated Bank
of Equity Investments in Nonfinancial below.
Holding Company Report of Equity
Companies (FR Y–12; OMB No. 7100– Federal Reserve Board Clearance
Investments in Nonfinancial
0300) and the Annual Report of Officer—Nuha Elmaghrabi—Office of
Companies, and the Annual Report of
Merchant Banking Investments Held for the Chief Data Officer, Board of
Merchant Banking Investments Held for
an Extended Period (FR Y–12A; OMB Governors of the Federal Reserve
an Extended Period.
No. 7100–0300). System, Washington, DC 20551, (202)
Agency form number: FR Y–12 and
DATES: Comments must be submitted on 452–3829. Telecommunications Device
FR Y–12A, respectively.
or before January 4, 2019. for the Deaf (TDD) users may contact OMB control number: 7100–0300.
ADDRESSES: You may submit comments, (202) 263–4869, Board of Governors of Frequency: FR Y–12, quarterly and
identified by FR Y–12 or FR Y–12A, by the Federal Reserve System, semiannually; and FR Y–12A, annually.
any of the following methods: Washington, DC 20551. Reporters: Bank holding companies
• Agency Website: http:// SUPPLEMENTARY INFORMATION: On June (BHCs), savings and loan holding
www.federalreserve.gov. Follow the 15, 1984, the Office of Management and companies (SLHCs), U.S. intermediate
instructions for submitting comments at Budget (OMB) delegated to the Board holding companies (IHCs), and financial
https://www.federalreserve.gov/apps/ authority under the Paperwork holding companies (FHCs) that hold
foia/proposedregs.aspx. Reduction Act (PRA) to approve and merchant banking investments that are
• Email: regs.comments@ assign OMB control numbers to approaching the end of the holding
federalreserve.gov. Include OMB collection of information requests and periods permissible under Regulation Y.
number in the subject line of the requirements conducted or sponsored Estimated annual reporting hours: FR
message. by the Board. In exercising this Y–12 quarterly, 1,782 hours; FR Y–12
• Fax: (202) 452–3819 or (202) 452– delegated authority, the Board is semiannual, 165 hours; and FR Y–12A,
3102. directed to take every reasonable step to 3,293 hours.
• Mail: Ann E. Misback, Secretary, solicit comment. In determining Estimated average hours per response:
Board of Governors of the Federal whether to approve a collection of FR Y–12, 16.5 hours; and FR Y–12A, 7.5
Reserve System, 20th Street and information, the Board will consider all hours.
Constitution Avenue NW, Washington, comments received from the public and Number of respondents: FR Y–12
DC 20551. other agencies. quarterly, 27; FR Y–12 semiannual, 5;
All public comments are available and FR Y–12A, 439.
from the Board’s website at https:// Request for Comment on Information General description of report: The FR
www.federalreserve.gov/apps/foia/ Collection Proposal Y–12 collects information from certain
proposedregs.aspx as submitted, unless The Board invites public comment on domestic BHCs, SLHCs, and U.S.
modified for technical reasons or to the following information collection, intermediate holding companies
remove sensitive personally identifiable which is being reviewed under (collectively, holding companies) on
information at the commenter’s request. authority delegated by the OMB under their equity investments in nonfinancial
Public comments may also be viewed the PRA. Comments are invited on the companies. Respondents report the FR
electronically or in paper form in Room following: Y–12 either quarterly or semiannually
3515, 1801 K Street NW (between 18th a. Whether the proposed collection of based on reporting threshold criteria.
and 19th Streets NW), Washington, DC information is necessary for the proper The FR Y–12A is filed annually by
20006 between 9:00 a.m. and 5:00 p.m. performance of the Board’s functions; FHCs that hold merchant banking
on weekdays. For security reasons, the including whether the information has investments that are approaching the
Board requires that visitors make an practical utility; end of the holding periods permissible
appointment to inspect comments. You b. The accuracy of the Board’s under Regulation Y (covered
may do so by calling (202) 452–3684. estimate of the burden of the proposed investments).
Upon arrival, visitors will be required to information collection, including the Proposed revisions: The Board
present valid government-issued photo validity of the methodology and proposes to revise the FR
identification and to submit to security assumptions used; Y–12 by (1) requiring that dollar values

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Document Created: 2018-11-03 00:29:23
Document Modified: 2018-11-03 00:29:23

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 55365