83 FR 7179 - Agency Information Collection Activities: Submission for OMB Review; Comment Request (3064-0082)
FEDERAL DEPOSIT INSURANCE CORPORATION Federal Register Volume 83, Issue 34 (February 20, 2018)
Federal Register Volume 83, Issue 34 (February 20, 2018)
| Page Range | 7179-7183 | |
| FR Document | 2018-03426 |
[Federal Register Volume 83, Number 34 (Tuesday, February 20, 2018)] [Notices] [Pages 7179-7183] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-03426] ======================================================================= ----------------------------------------------------------------------- FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities: Submission for OMB Review; Comment Request (3064-0082) AGENCY: Federal Deposit Insurance Corporation (FDIC). ACTION: 30-Day notice and request for comment. ----------------------------------------------------------------------- SUMMARY: The Federal Deposit Insurance Corporation (FDIC) will submit the following information collection request to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995. The proposed information collection was previously published in the Federal Register on December 7, 2017, allowing for a 60-day comment period. DATES: Comments are encouraged and will be accepted for an additional 30 days until March 22, 2018. ADDRESSES: Interested parties are invited to submit written comments to the FDIC by any of the following methods:https://www.FDIC.gov/regulations/laws/federal. Email: comments@fdic.gov. Please include the name and OMB control number of the relevant information collection in the subject line of the message. Mail: Manny Cabeza, Counsel, Room MB-3007, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429. [[Page 7180]] Hand Delivery: Comments may be hand-delivered to the guard station at the rear of the 17th Street Building (located on F Street), on business days between 7:00 a.m. and 5:00 p.m. All comments should refer to the relevant OMB control number. Written comments and/or suggestions can also be directed to the Office of Management and Budget, Office of Information and Regulatory Affairs, attention FDIC Desk Officer, New Executive Office Building, Washington, DC 20503 or sent to OIRA_submissions@omb.eop.gov. FURTHER INFORMATION CONTACT: If you have additional comments, particularly with respect to the estimated public burden or associated response time, have suggestions, need a copy of any proposed information collection instrument and instructions, or desire any other additional information, please contact Manny Cabeza, Counsel, FDIC Legal Division either by mail at Room MB-3007, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429; by email at mcabeza@fdic.gov; or by telephone at (202) 898-3767. SUPPLEMENTARY INFORMATION: Written comments and suggestions from the public and affected agencies concerning the proposed collection of information are encouraged. All comments received will become a matter of public record. Your comments should address one or more of the following four points: --Evaluate whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information has practical utility; --Evaluate the accuracy of the agency's estimate of the burden of the proposed information collection, including the validity of the methodology and assumptions used; --Evaluate whether and if so, how, the quality, utility, and clarity of the information to be collected can be enhanced; and --Ways to minimize the burden of the information collection on respondents, including through the use of automated collection techniques or other forms of information technology. Overview of the Information Collection Request 1. Title: Recordkeeping, Disclosure and Reporting Requirements in Connection with Regulation Z. OMB Number: 3064-0082. Form Number: None. Affected Public: State nonmember banks and state savings associations. General Description of Collection: Consumer Financial Protection Bureau (CFPB) Regulation Z--12 CFR 1026 implements the Truth in Lending Act (15 U.S.C. 1601, et seq.) and certain provisions of the Real Estate Settlement Procedures Act (12 U.S.C. 2601 et seq.). This regulation prescribes uniform methods for computing the cost of credit, the disclosure of credit terms and costs, the resolution of errors and imposes various other recordkeeping, reporting and disclosure requirements. The FDIC has enforcement authority on the requirements of the CFPB's Regulation over the financial institutions it supervises. This information collection captures the recordkeeping, reporting and disclosure burdens of Regulation Z on FDIC-supervised institutions. The information collection is being revised to account for revisions and changes made to Regulation Z by the CFPB since this information collection was last submitted by the FDIC to OMB for clearance. To arrive at the estimated annual burden the FDIC assessed the number of potential respondents to the information collection by identifying the number of FDIC-supervised institutions who reported activity that would be within the scope of the information collection requirements according to data from the most recent CALL Report. Additionally, the FDIC estimated the frequency of responses to the recordkeeping, reporting, or disclosure requirements by assessing the dollar volume of activity that would be within the scope of the information collection. In some instances the FDIC used information provided by other sources to estimate the magnitude and scope of activity attributable to FDIC-supervised institutions when more immediate information sources did not exist. Burden Estimate: The total estimated annual burden is 2,395,630 hours (36 hours estimated implementation burden, plus 2,395,594 hours estimated ongoing burden). The burden estimate is detailed on the following tables: Implementation (One-Time) Burden Estimate -------------------------------------------------------------------------------------------------------------------------------------------------------- Estimated Total Estimated average Estimated estimated Obligation to respond/type number of number of Frequency Number of time per annual of burden respondents credit of response responses response burden \1\ accounts (minutes) (hours) -------------------------------------------------------------------------------------------------------------------------------------------------------- Open-End Credit Products -------------------------------------------------------------------------------------------------------------------------------------------------------- Not Home-Secured Open-End Credit Plans [cir] Credit and Charge Card Provisions -------------------------------------------------------------------------------------------------------------------------------------------------------- Timely Settlement of Estate Debts Mandatory Recordkeeping...... 1 N/A 1 1 480.00 8 (1026.11(c)(1)) Written Policies and Procedures. Ability to Pay (1026.51(a)(ii)) Written Mandatory Recordkeeping...... 1 N/A 1 1 480.00 8 Policies and Procedures. -------------------------------------------------------------------------------------------------------------------------------------------------------- Mortgage Products (Open and Closed-End) -------------------------------------------------------------------------------------------------------------------------------------------------------- Valuation Independence [cir] Mandatory Reporting -------------------------------------------------------------------------------------------------------------------------------------------------------- Implementation of Policies and Procedures MandatoryRecordkeeping....... 1 N/A 1 0 1,200.00 20 (1026.42(g)). ------------------------------------------------------------------------------------------------------------- Total Estimated Implementation Burden. ............................. ............ ........... ........... ........... ........... 36 -------------------------------------------------------------------------------------------------------------------------------------------------------- [[Page 7181]] Ongoing Burden Estimate -------------------------------------------------------------------------------------------------------------------------------------------------------- Open-End Credit Products -------------------------------------------------------------------------------------------------------------------------------------------------------- Not Home-Secured Open-End Credit Plans [cir] General Disclosure Rules for Not Home-Secured Open-End Credit Plans -------------------------------------------------------------------------------------------------------------------------------------------------------- Credit and Charge Card Applications and Mandatory Disclosure......... 634 N/A 1 634 480.00 5,072 Solicitations (1026.60). Account Opening Disclosures (1026.6(b))... Mandatory Disclosure......... 634 N/A 1 634 720.00 7,608 Periodic Statements (1026.7(b))........... Mandatory Disclosure......... 634 N/A 12 7,608 480.00 60,864 Annual Statement of Billing Rights Mandatory Disclosure......... 317 N/A 1 317 480.00 2,536 (1026.9(a)(1)). Alternative Summary Statement of Billing Voluntary Disclosure......... 317 N/A 12 3,804 480.00 30,432 Rights (1026.9(a)(2)). Change in Terms Disclosures (1026.9(b) Mandatory Disclosure......... 634 N/A 1 634 480.00 5,072 through (h)). -------------------------------------------------------------------------------------------------------------------------------------------------------- [cir] Credit and Charge Card Provisions -------------------------------------------------------------------------------------------------------------------------------------------------------- Timely Settlement of Estate Debts Mandatory Disclosure......... 634 428 1 271,352 5.00 22,613 (1026.11(c)(2)). Ability to Pay (1026.51).................. Mandatory Recordkeeping...... 634 N/A 1 634 720.00 7,608 College Student Credit Annual Report Mandatory Reporting.......... 634 N/A 1 634 480.00 5,072 (1026.57(d)). Submission of Credit Card Agreements Mandatory Reporting.......... 634 N/A 4 2,536 180.00 7,608 (1026.58(c)). Internet Posting of Credit Card Agreements Mandatory Disclosure......... 634 N/A 4 2,536 360.00 15,216 (1026.58(d)). Individual Credit Card Agreements Mandatory Disclosure......... 634 125 1 79,250 15.00 19,813 (1026.58(e)). -------------------------------------------------------------------------------------------------------------------------------------------------------- Home Equity Open-End Credit Plans (HELOC) [cir] General Disclosure Rules for HELOCs -------------------------------------------------------------------------------------------------------------------------------------------------------- Application Disclosures (1026.40)......... Mandatory Disclosure......... 2,717 N/A 1 2,717 720.00 32,604 Account Opening Disclosures (1026.6(a))... Mandatory Disclosure......... 2,717 N/A 1 2,717 720.00 32,604 Periodic Statements (1026.7(a))........... Mandatory Disclosure......... 2,717 N/A 1 2,717 480.00 21,736 Annual Statement of Billing Rights Mandatory Disclosure......... 2,717 N/A 1 2,717 480.00 21,736 (1026.9(a)(1)). Alternative Summary Statement of Billing Voluntary Disclosure......... 2,717 N/A 1 2,717 480.00 21,736 Rights (1026.9(a)(2)). Change in Terms Disclosures (1026.9(b) Mandatory Disclosure......... 2,717 N/A 1 2,717 480.00 21,736 through (h)). Notice to Restrict Credit Mandatory Disclosure......... 2,717 N/A 1 2,717 120.00 5,434 (1026.9(c)(1)(iii); .40(f)(3)(i) and (vi)). -------------------------------------------------------------------------------------------------------------------------------------------------------- All Open-End Credit Plans -------------------------------------------------------------------------------------------------------------------------------------------------------- Error Resolution (1026.13)................ Mandatory Disclosure......... 3,624 2,963 1 10,737,912 1.0 178,965 -------------------------------------------------------------------------------------------------------------------------------------------------------- Closed-End Credit Products -------------------------------------------------------------------------------------------------------------------------------------------------------- General Rules for Closed-End Credit -------------------------------------------------------------------------------------------------------------------------------------------------------- Other than Real Estate, Home-Secured and Mandatory Disclosure......... 1 N/A 1 1 720.00 12 Private Education Loans (1026.17 and .18). -------------------------------------------------------------------------------------------------------------------------------------------------------- Closed-End Mortgages [cir] Application and Consummation -------------------------------------------------------------------------------------------------------------------------------------------------------- Loan Estimate (1026.19(e); and .37)....... Mandatory Disclosure......... 3,628 N/A 1 3,628 480.00 29,024 Closing Disclosure (1026.19(f); and .38).. Mandatory Disclosure......... 3,628 N/A 1 3,628 480.00 29,024 Record Retention of Disclosures Mandatory Recordkeeping...... 3,628 N/A 1 3,628 18.00 1,088 (1026.19(e), (f); .37; and .38). -------------------------------------------------------------------------------------------------------------------------------------------------------- [cir] Post-Consummation Disclosures -------------------------------------------------------------------------------------------------------------------------------------------------------- Interest Rate and Payment Summary Mandatory Disclosure......... 3,628 N/A 1 3,628 2,400.00 145,120 (1026.18(s)). No Guarantee to Refinance Statement Mandatory Disclosure......... 3,628 N/A 1 3,628 480.00 29,024 (1026.18(t)). ARMs Rate Adjustments with Payment Change Mandatory Disclosure......... 3,628 N/A 1 3,628 90.00 5,442 Disclosures (1026.20(c)). Initial Rate Adjustment Disclosure for Mandatory Disclosure......... 3,628 N/A 1 3,628 120.00 7,256 ARMs (1026.20(d)). Escrow Cancellation Notice (1026.20(e))... Mandatory Disclosure......... 3,628 N/A 1 3,628 480.00 29,024 [[Page 7182]] Periodic Statements (1026.41)............. Mandatory Disclosure......... 3,628 N/A 1 3,628 480.00 29,024 -------------------------------------------------------------------------------------------------------------------------------------------------------- [cir] Ability to Repay Requirements -------------------------------------------------------------------------------------------------------------------------------------------------------- Minimum Standards (1026.43(c) through (f)) Mandatory Recordkeeping...... 3,628 926 1 3,359,528 15.00 839,882 Prepayment Penalties (1026.43(g))......... Mandatory Disclosure......... 3,628 16 1 58,048 12.00 11.610 -------------------------------------------------------------------------------------------------------------------------------------------------------- Mortgage Products (Open and Closed-End) -------------------------------------------------------------------------------------------------------------------------------------------------------- Mortgage Servicing Disclosures [cir] Payoff Statements -------------------------------------------------------------------------------------------------------------------------------------------------------- Payoff Statements (1026.36(c)(3))......... Mandatory Disclosure......... 3,628 N/A 1 3,628 480.00 29,024 -------------------------------------------------------------------------------------------------------------------------------------------------------- [cir] Notice of Sale or Transfer -------------------------------------------------------------------------------------------------------------------------------------------------------- Notice of Sale or Transfer (1026.39)...... Mandatory Disclosure......... 3,628 N/A 1 3,628 480.00 29,204 -------------------------------------------------------------------------------------------------------------------------------------------------------- Valuation Independence [cir] Mandatory Reporting -------------------------------------------------------------------------------------------------------------------------------------------------------- Reporting Appraiser Noncompliance Mandatory Reporting.......... 3,628 1 1 3,628 10.00 605 (1026.42(g)). -------------------------------------------------------------------------------------------------------------------------------------------------------- Reverse and High-Cost Mortgages -------------------------------------------------------------------------------------------------------------------------------------------------------- Reverse Mortgages [cir] Reverse Mortgage Disclosures -------------------------------------------------------------------------------------------------------------------------------------------------------- Reverse Mortgage Disclosures Mandatory Disclosure......... 14 N/A 1 14 1,440.00 336 (1026.31(c)(2) and .33). -------------------------------------------------------------------------------------------------------------------------------------------------------- High-Cost Mortgage Loans [cir] HOEPA Disclosures and Notice -------------------------------------------------------------------------------------------------------------------------------------------------------- HOEPA Disclosures and Notice (1026.32(c).. Mandatory Disclosure......... 3,628 N/A 1 3,628 14.00 847 -------------------------------------------------------------------------------------------------------------------------------------------------------- Private Education Loans -------------------------------------------------------------------------------------------------------------------------------------------------------- Initial Disclosures [cir] Application and Solicitation Disclosures -------------------------------------------------------------------------------------------------------------------------------------------------------- Application or Solicitation Disclosures Mandatory Disclosure......... 3,561 N/A 1 3,561 3,600.00 213,660 (1026.47(a)). -------------------------------------------------------------------------------------------------------------------------------------------------------- [cir] Approval Disclosures -------------------------------------------------------------------------------------------------------------------------------------------------------- Approval Disclosures (1026.47(b))......... Mandatory Disclosure......... 3,561 N/A 1 3,561 3,600.00 213,660 -------------------------------------------------------------------------------------------------------------------------------------------------------- [cir] Final Disclosures -------------------------------------------------------------------------------------------------------------------------------------------------------- Final Disclosures (1026.47(c))............ Mandatory Disclosure......... 3,561 N/A 1 3,561 3600.00 213,660 -------------------------------------------------------------------------------------------------------------------------------------------------------- Advertising Rules -------------------------------------------------------------------------------------------------------------------------------------------------------- All Credit Types [cir] Open-End Credit -------------------------------------------------------------------------------------------------------------------------------------------------------- Open-End Credit (1026.16)................. Mandatory Disclosure......... 3,624 5 1 18,120 20.00 6,040 -------------------------------------------------------------------------------------------------------------------------------------------------------- [cir] Closed-End Credit -------------------------------------------------------------------------------------------------------------------------------------------------------- Closed-End Credit (1026.24)............... Mandatory Disclosure......... 3,628 5 1 18,140 20.00 6,047 -------------------------------------------------------------------------------------------------------------------------------------------------------- Record Retention -------------------------------------------------------------------------------------------------------------------------------------------------------- Evidence of Compliance -------------------------------------------------------------------------------------------------------------------------------------------------------- Regulation Z in General (1026.25)......... Mandatory Recordkeeping...... 3,652 N/A 1 3,652 18.00 1,096 ------------------------------------------------------------------------------------------------------------- Total Estimated Ongoing Burden........ ............................. ............ ........... ........... ........... ........... 2,395,594 ------------------------------------------------------------------------------------------------------------- Total Estimated Annual Burden......... ............................. ............ ........... ........... ........... ........... 2,395,630 -------------------------------------------------------------------------------------------------------------------------------------------------------- \1\ FDIC estimates that all existing FDIC-supervised institutions have implemented the policies and procedures required by Regulation Z and will only face the estimated ongoing (transaction) burdens reflected in the Ongoing Burden Estimate table. The respondent count of 1 is intended as a placeholder for the associated burden estimate to account for any institution(s) that may become subject to the information collection requirements in the future. [[Page 7183]] Dated at Washington, DC, this 14th day of February 2018. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2018-03426 Filed 2-16-18; 8:45 am] BILLING CODE 6714-01-P
![Federal Register / Vol. 83, No. 34 / Tuesday, February 20, 2018 / Notices 7179
FOR FURTHER INFORMATION CONTACT: Overview of Current Information GINA recordkeeping requirements and
Kathleen Oram, Acting Assistant Legal Collection explain those requirements to the
Counsel, Office of Legal Counsel, Equal Collection Title: Recordkeeping under appropriate staff. We estimate that 30
Employment Opportunity Commission, Title VII, the ADA, and GINA. minutes would be needed for this one-
131 M Street NE, Washington, DC OMB Number: 3046–0040. time familiarization process. Using 2015
20507, (202) 663–4681 (voice) or (202) Description of Affected Public: data from the Small Business
663–4494 (TTY), or Erin Norris, Senior Employers with 15 or more employees Administration, we estimate that there
Attorney, Office of Legal Counsel, Equal are subject to Title VII, the ADA, and are 74,528 firms that would incur this
Employment Opportunity Commission, GINA. start-up burden.1 Assuming a 30-minute
129 W Trade Street, Charlotte, NC Number of Respondents: 961,709. burden per firm, the total annual hour
28202, (704) 954–6491 (voice). Requests Number of Reports Submitted: 0. burden is 37,264 hours (.5 hour × 74,528
for this notice in an alternative format Estimated Burden Hours: 37,264 = 37,264).
should be made to the Office of hours. For the Commission.
Communications and Legislative Affairs Cost to Respondents: $0. Dated: February 13, 2018.
at (202) 663–4191 (voice) or (202) 663– Federal Cost: None.
4494 (TTY). Victoria A. Lipnic,
Number of Forms: None. Acting Chair.
SUPPLEMENTARY INFORMATION: The Equal Abstract: Section 709(c) of Title VII of
Employment Opportunity Commission [FR Doc. 2018–03427 Filed 2–16–18; 8:45 am]
the Civil Rights Act of 1964, as
(EEOC) enforces Title VII of the Civil amended, 42 U.S.C. 2000e–8(c), section BILLING CODE 6570–01–P
Rights Act of 1964 (Title VII), Title I of 1007(a) of the ADA, 42 U.S.C. 12117(a),
the Americans with Disabilities Act and section 207(a) of GINA, 42 U.S.C.
(ADA), and Title II of the Genetic 2000ff–6(a), require the Commission to FEDERAL DEPOSIT INSURANCE
Information Nondiscrimination Act of establish regulations pursuant to which CORPORATION
2008 (GINA), which collectively employers subject to those Acts shall
prohibit discrimination on the basis of Agency Information Collection
make and preserve certain records to
race, color, religion, sex, national origin, Activities: Submission for OMB
assist the EEOC in assuring compliance
disability, or genetic information. Review; Comment Request (3064–
with the Acts’ nondiscrimination in
Section 709(c) of Title VII, section 0082)
employment requirements. This is a
107(a) of the ADA, and section 207(a) of recordkeeping requirement. Any of the AGENCY: Federal Deposit Insurance
GINA authorize the EEOC to issue records maintained which are Corporation (FDIC).
recordkeeping and reporting regulations subsequently disclosed to the EEOC ACTION: 30-Day notice and request for
that are deemed reasonable, necessary during an investigation are protected
or appropriate. EEOC has promulgated comment.
from public disclosure by the
recordkeeping regulations under those confidentiality provisions of section SUMMARY: The Federal Deposit
authorities that are contained in 29 CFR 706(b) and 709(e) of Title VII which are Insurance Corporation (FDIC) will
part 1602 et seq. Those regulations do also incorporated by reference into the submit the following information
not require the creation of any particular ADA at section 107(a) and GINA at collection request to the Office of
records but generally require employers section 207(a). Management and Budget (OMB) for
to preserve any personnel and Burden Statement: The estimated review and approval in accordance with
employment records they make or keep the Paperwork Reduction Act of 1995.
number of respondents subject to this
for a period of one year. The EEOC seeks The proposed information collection
recordkeeping requirement is 961,709
extension of the recordkeeping was previously published in the Federal
employers. An employer subject to the
requirement in these regulations Register on December 7, 2017, allowing
recordkeeping requirement in 29 CFR
without change. for a 60-day comment period.
Pursuant to the Paperwork Reduction part 1602 must retain all personnel or
Act of 1995, and OMB regulation 5 CFR employment records made or kept by DATES: Comments are encouraged and
1320.8(d)(1), the Commission solicits that employer for one year, and must will be accepted for an additional 30
public comment to enable it to: retain any records relevant to charges of days until March 22, 2018.
(1) Evaluate whether the proposed discrimination filed under Title VII, the ADDRESSES: Interested parties are
collection of information is necessary ADA, or GINA until final disposition of invited to submit written comments to
for the proper performance of the those matters, which may be longer than the FDIC by any of the following
Commission’s functions, including one year. This recordkeeping methods:
whether the information will have requirement does not require reports or • https://www.FDIC.gov/regulations/
practical utility; the creation of new documents, but laws/federal.
(2) Evaluate the accuracy of the merely requires retention of documents • Email: comments@fdic.gov. Please
Commission’s estimate of the burden of that an employer has already made or include the name and OMB control
the proposed collection of information, kept in the normal course of its business number of the relevant information
including the validity of the operations. Thus, existing employers collection in the subject line of the
methodology and assumptions used; bear no burden under this analysis, message.
(3) Enhance the quality, utility, and because their systems for retaining • Mail: Manny Cabeza, Counsel,
clarity of the information to be personnel and employment records are Room MB–3007, Federal Deposit
already in place. Newly formed firms
sradovich on DSK3GMQ082PROD with NOTICES
collected; and Insurance Corporation, 550 17th Street
(4) Minimize the burden of the may incur a small burden when setting NW, Washington, DC 20429.
collection of information on those who up their data collection and retention
are to respond, including the use of systems to ensure compliance with 1 Source: U.S. Small Business Administration:
appropriate, or other technological EEOC’s recordkeeping requirements. We Statistics of U.S. Business, Release Date 1/2017.
(https://www.sba.gov/advocacy/firm-size-data).
collection techniques or other forms of assume some effort and time must be Select U.S. Static Data, U.S. Data and combines
information technology, e.g., permitting expended by employers to familiarize estimates from private employment, public sector,
electronic submission of responses. themselves with the Title VII, ADA, and colleges and universities, and referral unions.
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![Federal Register / Vol. 83, No. 34 / Tuesday, February 20, 2018 / Notices 7183
Dated at Washington, DC, this 14th day of FEDERAL RETIREMENT THRIFT ADDRESSES: Federal Trade Commission
February 2018. INVESTMENT BOARD Building, 600 Pennsylvania Avenue
Federal Deposit Insurance Corporation. NW, Washington, DC 20580.
Robert E. Feldman, Sunshine Act; Notice of Board Member
Meeting FOR FURTHER INFORMATION CONTACT:
Executive Secretary.
Donald S. Clark, Secretary, Office of the
[FR Doc. 2018–03426 Filed 2–16–18; 8:45 am] Agenda Secretary, 600 Pennsylvania Avenue
BILLING CODE 6714–01–P
Federal Retirement Thrift Investment NW, Washington, DC 20580, 202–326–
Board Meeting Agenda, February 26, 2515.
2018, In Person, 8:30 a.m. SUPPLEMENTARY INFORMATION:
FEDERAL RESERVE SYSTEM
Open Session
Formations of, Acquisitions by, and Open Meeting
Mergers of Bank Holding Companies 1. Approval of the minutes for the
January 22, 2018 Board Meeting (1) Oral Argument In the Matter of
The companies listed in this notice 2. Monthly Reports Louisiana Real Estate Appraisers Board,
have applied to the Board for approval, (a) Participant Activity Docket No. 9374.
pursuant to the Bank Holding Company (b) Investment Performance Closed Meeting
Act of 1956 (12 U.S.C. 1841 et seq.) (c) Legislative
(BHC Act), Regulation Y (12 CFR part 3. Quarterly Reports (2) Executive Session to follow Oral
225), and all other applicable statutes (d) Metrics Argument In the Matter of Louisiana
and regulations to become a bank (e) Project Activity Real Estate Appraisers Board, Docket
holding company and/or to acquire the 4. Contact Centers No. 9374.
assets or the ownership of, control of, or 5. OERM Annual Report
the power to vote shares of a bank or 6. OTS Annual Report Record of Commission’s Vote
bank holding company and all of the 7. FISMA
banks and nonbanking companies 8. FISMA—OTS On February 6, 2018, Commissioners
owned by the bank holding company, 9. Blended Retirement Update Ohlhausen and McSweeny were
including the companies listed below. recorded as voting in the affirmative to
The applications listed below, as well Closed Session close Matter Number Two, and to
as other related filings required by the Information covered under 5 U.S.C. withhold from this meeting notice such
Board, are available for immediate 552b(c)(9)(B). information as is exempt from
inspection at the Federal Reserve Bank disclosure under 5 U.S.C. 552b(c).
Adjourn
indicated. The applications will also be
Commission’s Explanation of Closing
available for inspection at the offices of CONTACT PERSON FOR MORE INFORMATION:
the Board of Governors. Interested Kimberly Weaver, Director, Office of The Commission has determined that
persons may express their views in External Affairs, (202) 942–1640. Matter Number Two may be closed
writing on the standards enumerated in Dated: February 15, 2018. under 5 U.S.C. 552b(c)(10), and that the
the BHC Act (12 U.S.C. 1842(c)). If the public interest does not require the
Megan Grumbine,
proposal also involves the acquisition of matter to be open.
General Counsel, Federal Retirement Thrift
a nonbanking company, the review also
Investment Board.
includes whether the acquisition of the General Counsel Certification
[FR Doc. 2018–03554 Filed 2–15–18; 4:15 pm]
nonbanking company complies with the
standards in section 4 of the BHC Act BILLING CODE 6760–01–P The General Counsel has certified that
(12 U.S.C. 1843). Unless otherwise Matter Number Two may properly be
noted, nonbanking activities will be closed, citing the following relevant
conducted throughout the United States. FEDERAL TRADE COMMISSION exemptive provision: 5 U.S.C.
Unless otherwise noted, comments 552b(c)(10).
regarding each of these applications [Docket No. 9374]
Expected Attendees
must be received at the Reserve Bank
indicated or the offices of the Board of Louisiana Real Estate Appraisers Expected to attend the closed meeting
Governors not later than March 14, Board Oral Argument Before the are the Commissioners themselves, an
2018. Commission
advisor to one of the Commissioners,
A. Federal Reserve Bank of Kansas AGENCY: Federal Trade Commission. and such other Commission staff as may
City (Dennis Denney, Assistant Vice be appropriate.
President) 1 Memorial Drive, Kansas ACTION: Oral argument; open meeting.
City, Missouri 64198–0001: By direction of the Commission.
SUMMARY: The Federal Trade
1. Almena Investments, LLC., Almena, Donald S. Clark,
Commission (‘‘FTC’’ or ‘‘Commission’’)
Kansas; to become a bank holding will meet on Thursday, February 22, Secretary.
company by acquiring 100 percent of 2018, in Room 532 of the FTC Building [FR Doc. 2018–03410 Filed 2–16–18; 8:45 am]
the voting shares of Almena State Bank, for an Oral Argument In the Matter of BILLING CODE 6750–01–P
Almena, Kansas. Louisiana Real Estate Appraisers Board.
sradovich on DSK3GMQ082PROD with NOTICES
The public is invited to attend and
Board of Governors of the Federal Reserve observe the open portion of the meeting,
System, February 14, 2018. which is scheduled to begin at 2:00 p.m.
Ann Misback, The remainder of the meeting will be
Secretary of the Board. closed to the public.
[FR Doc. 2018–03391 Filed 2–16–18; 8:45 am] DATES: Oral argument is scheduled for
BILLING CODE P February 22, 2018 at 2:00 p.m.
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Document Created: 2018-02-17 02:29:33
Document Modified: 2018-02-17 02:29:33
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
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| Section | Notices | |
| Action | 30-Day notice and request for comment. | |
| Dates | Comments are encouraged and will be accepted for an additional 30 days until March 22, 2018. | |
| FR Citation | 83 FR 7179 |
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