83 FR 7476 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 83, Issue 35 (February 21, 2018)

Page Range		7476-7477
FR Document		2018-03468

Federal Register, Volume 83 Issue 35 (Wednesday, February 21, 2018)

[Federal Register Volume 83, Number 35 (Wednesday, February 21, 2018)]
[Notices]
[Pages 7476-7477]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-03468]


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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

[[Page 7477]]

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 15, 2018.
    A. Federal Reserve Bank of San Francisco (Gerald C. Tsai, Director, 
Applications and Enforcement) 101 Market Street, San Francisco, 
California 94105-1579:
    1. Allegiant United Holdings, LLC and Nano Financial Holdings, 
Inc., both of Irvine, California; to become bank holding companies 
through Nano Financial Holdings, Inc. by acquiring 100 percent of the 
outstanding shares of Commerce Bank of Temecula Valley, Murrieta, 
California.

    Board of Governors of the Federal Reserve System, February 15, 
2018.
Ann Misback,
Secretary of the Board.
[FR Doc. 2018-03468 Filed 2-20-18; 8:45 am]
 BILLING CODE 6210-01-P

7476 Federal Register / Vol. 83, No. 35 / Wednesday, February 21, 2018 / Notices

contact information. Public comments proposed information collection, as to promote effectively the goals of
may also be viewed electronically or in including the validity of the maximum employment, stable prices,
paper form in Room 3515, 1801 K Street methodology and assumptions used; and moderate long-term interest rates.
(between 18th and 19th Streets NW), c. Ways to enhance the quality, Section 11 of the FRA (12 U.S.C. 248(a))
Washington, DC 20006 between 9:00 utility, and clarity of the information to authorizes the Board to require reports
a.m. and 5:00 p.m. on weekdays. be collected; from each member bank as it may deem
Additionally, commenters may send a d. Ways to minimize the burden of necessary and authorizes the Board to
copy of their comments to the OMB information collection on respondents, prescribe reports of liabilities and assets
Desk Officer—Shagufta Ahmed—Office including through the use of automated from insured depository institutions to
of Information and Regulatory Affairs, collection techniques or other forms of enable the Board to discharge its
Office of Management and Budget, New information technology; and responsibility to monitor and control
Executive Office Building, Room 10235, e. Estimates of capital or startup costs monetary and credit aggregates. The
725 17th Street NW, Washington, DC and costs of operation, maintenance, information collected on the FR 2835
20503 or by fax to (202) 395–6974. and purchase of services to provide and FR 2835a assist the Board and the
FOR FURTHER INFORMATION CONTACT: A information. FOMC with fulfilling these obligations.
copy of the PRA OMB submission, At the end of the comment period, the Both the 2835 and 2835a are voluntary.
including the proposed reporting form comments and recommendations With respect to the FR 2835, only the
and instructions, supporting statement, received will be analyzed to determine narrative information to explain large
and other documentation will be placed the extent to which the Federal Reserve fluctuations in reported data is
into OMB’s public docket files, once should modify the proposal prior to considered confidential. With respect to
approved. These documents will also be giving final approval. the 2835a, the individual respondent
made available on the Federal Reserve data is considered confidential. Such
Proposal To Approve Under OMB
Board’s public website at: http:// treatment is appropriate because the
Delegated Authority the Extension for
www.federalreserve.gov/apps/ data is not publicly available and the
Three Years, Without Revision, of the
reportforms/review.aspx or may be public release of this data is likely to
Following Report
requested from the agency clearance impair the Board’s ability to collect
officer, whose name appears below. Report title: Quarterly Report of necessary information in the future and
Federal Reserve Board Clearance Interest Rates on Selected Direct cause substantial harm to the
Officer—Nuha Elmaghrabi—Office of Consumer Installment Loans and competitive position of the respondent.
the Chief Data Officer, Board of Quarterly Report of Credit Card Plans. Thus, this information may be kept
Governors of the Federal Reserve Agency form number: FR 2835; FR confidential under exemption (b)(4) of
System, Washington, DC 20551, (202) 2835a. the Freedom of Information Act, which
452–3829. Telecommunications Device OMB control number: 7100–0085. exempts from disclosure ‘‘trade secrets
for the Deaf (TDD) users may contact Frequency: Quarterly. and commercial or financial information
(202) 263–4869, Board of Governors of Respondents: Commercial banks. obtained from a person and privileged
the Federal Reserve System, Estimated number of respondents: FR or confidential.’’ (5 U.S.C. 552(b)(4)).
Washington, DC 20551. 2835: 150; FR 2835a: 50.
Board of Governors of the Federal Reserve
SUPPLEMENTARY INFORMATION: On June
Estimated average hours per response:
System, February 15, 2018.
15, 1984, the Office of Management and FR 2835: .29 hours; FR 2835a: .50 hours.
Estimated annual burden hours: FR Ann E. Misback,
Budget (OMB) delegated to the Board Secretary of the Board.
authority under the Paperwork 2835: 176 hours; FR 2835a: 100 hours.
General description of report: The FR [FR Doc. 2018–03543 Filed 2–20–18; 8:45 am]
Reduction Act (PRA) to approve of and
assign OMB control numbers to 2835 collects information from a sample BILLING CODE 6210–01–P

collection of information requests and of commercial banks on interest rates
requirements conducted or sponsored charged on loans for new vehicles and
loans for other consumer goods and FEDERAL RESERVE SYSTEM
by the Board. In exercising this
delegated authority, the Board is personal expenses. The data are used for
Formations of, Acquisitions by, and
directed to take every reasonable step to the analysis of household financial
Mergers of Bank Holding Companies
solicit comment. In determining conditions. The FR 2835a collects
whether to approve a collection of information on two measures of credit The companies listed in this notice
information, the Board will consider all card interest rates from a sample of have applied to the Board for approval,
comments received from the public and commercial banks with $1 billion or pursuant to the Bank Holding Company
other agencies. more in credit card receivables and a Act of 1956 (12 U.S.C. 1841 et seq.)
representative group of smaller issuers. (BHC Act), Regulation Y (12 CFR part
Request for Comment on Information The data are used to analyze the credit 225), and all other applicable statutes
Collection Proposal card market and draw implications for and regulations to become a bank
The Board invites public comment on the household sector. holding company and/or to acquire the
the following information collection, Legal authorization and assets or the ownership of, control of, or
which is being reviewed under confidentiality: The Board is authorized the power to vote shares of a bank or
authority delegated by the OMB under to collect the information on the FR bank holding company and all of the
the PRA. Comments are invited on the 2835 and FR 2835a by sections 2A and banks and nonbanking companies
following: 11 of the Federal Reserve Act (‘‘FRA’’). owned by the bank holding company,
daltland on DSKBBV9HB2PROD with NOTICES

a. Whether the proposed collection of Section 2A of the FRA (12 U.S.C. 225a) including the companies listed below.
information is necessary for the proper requires that the Board and the Federal The applications listed below, as well
performance of the Federal Reserve’s Open Market Committee (‘‘FOMC’’) as other related filings required by the
functions; including whether the maintain long-run growth of the Board, are available for immediate
information has practical utility; monetary and credit aggregates inspection at the Federal Reserve Bank
b. The accuracy of the Federal commensurate with the economy’s long indicated. The applications will also be
Reserve’s estimate of the burden of the run potential to increase production, so available for inspection at the offices of

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Federal Register / Vol. 83, No. 35 / Wednesday, February 21, 2018 / Notices 7477

the Board of Governors. Interested • Email: regs.comments@ information, the Board will consider all
persons may express their views in federalreserve.gov. Include OMB comments received from the public and
writing on the standards enumerated in number in the subject line of the other agencies.
the BHC Act (12 U.S.C. 1842(c)). If the message.
Request for Comment on Information
proposal also involves the acquisition of • Fax: (202) 452–3819 or (202) 452–
Collection Proposal
a nonbanking company, the review also 3102.
includes whether the acquisition of the • Mail: Ann E. Misback, Secretary, The Board invites public comment on
nonbanking company complies with the Board of Governors of the Federal the following information collection,
standards in section 4 of the BHC Act Reserve System, 20th Street and which is being reviewed under
(12 U.S.C. 1843). Unless otherwise Constitution Avenue NW, Washington, authority delegated by the OMB under
noted, nonbanking activities will be DC 20551. the PRA. Comments are invited on the
conducted throughout the United States. All public comments are available following:
Unless otherwise noted, comments from the Board’s website at http:// a. Whether the proposed collection of
regarding each of these applications www.federalreserve.gov/apps/foia/ information is necessary for the proper
must be received at the Reserve Bank proposedregs.aspx as submitted, unless performance of the Federal Reserve’s
indicated or the offices of the Board of modified for technical reasons. functions; including whether the
Governors not later than March 15, Accordingly, your comments will not be information has practical utility;
2018. edited to remove any identifying or b. The accuracy of the Federal
A. Federal Reserve Bank of San contact information. Public comments Reserve’s estimate of the burden of the
Francisco (Gerald C. Tsai, Director, may also be viewed electronically or in proposed information collection,
Applications and Enforcement) 101 paper form in Room 3515, 1801 K Street including the validity of the
Market Street, San Francisco, California (between 18th and 19th Streets NW), methodology and assumptions used;
94105–1579: Washington, DC 20006 between 9:00 c. Ways to enhance the quality,
1. Allegiant United Holdings, LLC and a.m. and 5:00 p.m. on weekdays. utility, and clarity of the information to
Nano Financial Holdings, Inc., both of Additionally, commenters may send a be collected;
Irvine, California; to become bank copy of their comments to the OMB d. Ways to minimize the burden of
holding companies through Nano Desk Officer—Shagufta Ahmed—Office information collection on respondents,
Financial Holdings, Inc. by acquiring of Information and Regulatory Affairs, including through the use of automated
100 percent of the outstanding shares of Office of Management and Budget, New collection techniques or other forms of
Commerce Bank of Temecula Valley, Executive Office Building, Room 10235, information technology; and
Murrieta, California. 725 17th Street NW, Washington, DC e. Estimates of capital or startup costs
Board of Governors of the Federal Reserve 20503 or by fax to (202) 395–6974. and costs of operation, maintenance,
System, February 15, 2018. FOR FURTHER INFORMATION CONTACT: A
and purchase of services to provide
Ann Misback, copy of the PRA OMB submission, information.
At the end of the comment period, the
Secretary of the Board. including the proposed reporting form
comments and recommendations
[FR Doc. 2018–03468 Filed 2–20–18; 8:45 am] and instructions, supporting statement,
received will be analyzed to determine
BILLING CODE 6210–01–P and other documentation will be placed
the extent to which the Federal Reserve
into OMB’s public docket files, once
should modify the proposal prior to
approved. These documents will also be
giving final approval.
FEDERAL RESERVE SYSTEM made available on the Federal Reserve
Proposal to approve under OMB
Board’s public website at: http://
Proposed Agency Information delegated authority the extension for
www.federalreserve.gov/apps/
Collection Activities; Comment three years, without revision, of the
reportforms/review.aspx or may be
Request following report(s):
requested from the agency clearance
Report title: Senior Loan Officer
AGENCY: Board of Governors of the officer, whose name appears below.
Opinion Survey on Bank Lending
Federal Reserve System. Federal Reserve Board Clearance
Practices.
Officer—Nuha Elmaghrabi—Office of
ACTION: Notice, request for comment. Agency form number: FR 2018.
the Chief Data Officer, Board of OMB control number: 7100–0058.
SUMMARY: The Board of Governors of the Governors of the Federal Reserve Frequency: Up to six times a year.
Federal Reserve System (Board) invites System, Washington, DC 20551 (202) Respondents: Domestically chartered
comment on a proposal to extend for 452–3829. Telecommunications Device large commercial banks and large U.S.
three years, without revision, the Senior for the Deaf (TDD) users may contact branches and agencies of foreign banks.
Loan Officer Opinion Survey on Bank (202) 263–4869, Board of Governors of Estimated number of respondents:
Lending Practices (FR 2018; OMB No. the Federal Reserve System, 104.
7100–0058). Washington, DC 20551. Estimated average hours per response:
DATES: Comments must be submitted on SUPPLEMENTARY INFORMATION: On June 2 hours.
or before April 23, 2018. 15, 1984, the Office of Management and Estimated annual burden hours: 1,248
ADDRESSES: You may submit comments, Budget (OMB) delegated to the Board hours.
identified by FR 2018, by any of the authority under the Paperwork General description of report: The FR
following methods: Reduction Act (PRA) to approve of and 2018 is conducted with a senior loan
• Agency Website: http:// assign OMB control numbers to officer at each respondent bank,
daltland on DSKBBV9HB2PROD with NOTICES

www.federalreserve.gov. Follow the collection of information requests and generally through electronic
instructions for submitting comments at requirements conducted or sponsored submission, up to six times a year. The
http://www.federalreserve.gov/apps/ by the Board. In exercising this purpose of the survey is to provide
foia/proposedregs.aspx. delegated authority, the Board is qualitative and limited quantitative
• Federal eRulemaking Portal: http:// directed to take every reasonable step to information on credit availability and
www.regulations.gov. Follow the solicit comment. In determining demand, as well as evolving
instructions for submitting comments. whether to approve a collection of developments and lending practices in

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Document Created: 2018-02-21 01:48:24
Document Modified: 2018-02-21 01:48:24

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 7476