83 FR 6850 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 83, Issue 32 (February 15, 2018)

Page Range		6850-6850
FR Document		2018-03158

Federal Register, Volume 83 Issue 32 (Thursday, February 15, 2018)

[Federal Register Volume 83, Number 32 (Thursday, February 15, 2018)]
[Notices]
[Page 6850]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-03158]


-----------------------------------------------------------------------

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 March 12, 2018.
    A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
    1. FFP Group, Inc., and its newly formed merger subsidiary, FFP 
Merger Sub, Inc., both of Denver, Colorado; to become bank holding 
companies by acquiring Raton Capital Corporation, Raton, New Mexico and 
thereby acquire International Bank, Raton, New Mexico.

    Board of Governors of the Federal Reserve System, February 12, 
2018.
Ann Misback,
Secretary of the Board.
[FR Doc. 2018-03158 Filed 2-14-18; 8:45 am]
BILLING CODE P

6850 Federal Register / Vol. 83, No. 32 / Thursday, February 15, 2018 / Notices

SUPPLEMENTARY INFORMATION: On June opening, upon request, when certain indicated. The applications will also be
15, 1984, the Office of Management and changes in terms occur, and in periodic available for inspection at the offices of
Budget (OMB) delegated to the Board statements. It also includes rules about the Board of Governors. Interested
authority under the Paperwork advertising for deposit accounts. TISA persons may express their views in
Reduction Act (PRA) to approve of and does not provide exemptions from writing on the standards enumerated in
assign OMB control numbers to compliance for small institutions. the BHC Act (12 U.S.C. 1842(c)). If the
collection of information requests and Legal authorization and proposal also involves the acquisition of
requirements conducted or sponsored confidentiality: The Board’s Legal a nonbanking company, the review also
by the Board. Board-approved Division has determined that section includes whether the acquisition of the
collections of information are 269 of TISA specifically authorizes the nonbanking company complies with the
incorporated into the official OMB CFPB ‘‘to prescribe regulations’’ to carry standards in section 4 of the BHC Act
inventory of currently approved out the purposes and provisions of the (12 U.S.C. 1843). Unless otherwise
collections of information. Copies of the Act, as well as to adopt model forms noted, nonbanking activities will be
Paperwork Reduction Act Submission, and clauses for common disclosures to conducted throughout the United States.
supporting statements and approved facilitate compliance (12 U.S.C. 4308). Unless otherwise noted, comments
collection of information instrument(s) FR DD implements this statutory regarding each of these applications
are placed into OMB’s public docket provision (12 CFR part 1030). The must be received at the Reserve Bank
files. The Board may not conduct or Board’s imposition of the disclosure indicated or the offices of the Board of
sponsor, and the respondent is not requirements on Board-supervised Governors not later than March 12,
required to respond to, an information institutions is authorized by Section 270 2018.
collection that has been extended, of TISA, 12 U.S.C. 4309, and the A. Federal Reserve Bank of Kansas
revised, or implemented on or after provisions of Regulation DD (12 CFR City (Dennis Denney, Assistant Vice
October 1, 1995, unless it displays a 1030.1(a), 1030.2(j)). An institution’s President) 1 Memorial Drive, Kansas
currently valid OMB control number. disclosure obligations under Regulation City, Missouri 64198–0001:
Final approval under OMB delegated DD are mandatory. The Board does not 1. FFP Group, Inc., and its newly
authority of the extension for three collect any information; therefore, no formed merger subsidiary, FFP Merger
years, without revision, of the following issue of confidentiality arises. Sub, Inc., both of Denver, Colorado; to
report: Current actions: On November 22, become bank holding companies by
Report title: Disclosure Requirements 2017, the Board published a notice in acquiring Raton Capital Corporation,
Associated with CFPB’s Regulation DD the Federal Register (82 FR 55608) Raton, New Mexico and thereby acquire
(Truth in Savings Act (TISA)). requesting public comment for 60 days International Bank, Raton, New Mexico.
Agency form number: FR DD. on the extension, without revision, of
the Disclosure Requirements Associated Board of Governors of the Federal Reserve
OMB control number: 7100–0271.
System, February 12, 2018.
Frequency: Monthly. with CFPB’s Regulation DD (Truth in
Respondents: State member banks, Savings Act (TISA)). The comment Ann Misback,
branches and agencies of foreign banks period for this notice expired on January Secretary of the Board.
(other than federal branches, federal 22, 2018. The Board did not receive any [FR Doc. 2018–03158 Filed 2–14–18; 8:45 am]
agencies, and insured state branches of comments. BILLING CODE P
foreign banks), commercial lending Board of Governors of the Federal Reserve
companies owned or controlled by System, February 12, 2018.
foreign banks, and organizations FEDERAL RESERVE SYSTEM
Ann E. Misback,
operating under section 25 or 25A of the
Secretary of the Board. Agency Information Collection
Federal Reserve Act.
Estimated number of respondents: [FR Doc. 2018–03149 Filed 2–14–18; 8:45 am] Activities: Announcement of Board
936. BILLING CODE 6210–01–P Approval Under Delegated Authority
Estimated average hours per response: and Submission to OMB
Account disclosures, 1 hour; Change in AGENCY: Board of Governors of the
terms notices, 1.5 hours; Notices prior to FEDERAL RESERVE SYSTEM
Federal Reserve System.
maturity, 1.5 hours; Periodic statement Formations of, Acquisitions by, and
disclosure, 8 hours; and Advertising, 30 SUMMARY: The Board of Governors of the
Mergers of Bank Holding Companies Federal Reserve System (Board) is
minutes.
Estimated annual burden hours: The companies listed in this notice adopting a proposal to extend for three
Account disclosures: 11,232 hours; have applied to the Board for approval, years, without revision, the
Change in terms notices: 16,848 hours; pursuant to the Bank Holding Company Recordkeeping and Disclosure
Notices prior to maturity: 16,848 hours; Act of 1956 (12 U.S.C. 1841 et seq.) Requirements Associated with
Periodic statement disclosure: 89,856 (BHC Act), Regulation Y (12 CFR part Securities Transactions Pursuant to
hours; and Advertising: 5,616 hours. 225), and all other applicable statutes Regulation H (Reg H–3; OMB No. 7100–
General description of report: TISA and regulations to become a bank 0196).
was contained in the Federal Deposit holding company and/or to acquire the FOR FURTHER INFORMATION CONTACT:
Insurance Corporation Improvement Act assets or the ownership of, control of, or Federal Reserve Board Clearance
of 1991. The purpose of TISA and its the power to vote shares of a bank or Officer—Nuha Elmaghrabi—Office of
implementing regulation is to assist the Chief Data Officer, Board of
sradovich on DSK3GMQ082PROD with NOTICES

bank holding company and all of the
consumers in comparing deposit banks and nonbanking companies Governors of the Federal Reserve
accounts offered by institutions, owned by the bank holding company, System, Washington, DC, 20551 (202)
principally through the disclosure of including the companies listed below. 452–3829. Telecommunications Device
fees, the annual percentage yield (APY), The applications listed below, as well for the Deaf (TDD) users may contact
and other account terms. TISA requires as other related filings required by the (202) 263–4869, Board of Governors of
depository institutions to disclose key Board, are available for immediate the Federal Reserve System,
terms for deposit accounts at account inspection at the Federal Reserve Bank Washington, DC 20551.

VerDate Sep<11>2014 19:01 Feb 14, 2018 Jkt 244001 PO 00000 Frm 00017 Fmt 4703 Sfmt 4703 E:\FR\FM\15FEN1.SGM 15FEN1

Document Created: 2018-02-15 00:21:15
Document Modified: 2018-02-15 00:21:15

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 6850