Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 55489 [2014-22017]
Download as PDF
<![CDATA[
Federal Register / Vol. 79, No. 179 / Tuesday, September 16, 2014 / Notices
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 October 10,
2014.
A. Federal Reserve Bank of St. Louis
(Yvonne Sparks, Community
Development Officer) P.O. Box 442, St.
Louis, Missouri 63166–2034:
1. Southern Bancorp, Inc.,
Arkadelphia, Arkansas, to merge with
Bolivar Banking Corporation and
thereby indirectly acquire The Bank of
Bolivar County, both of Shelby,
Mississippi.
Board of Governors of the Federal Reserve
System, September 11, 2014.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2014–22017 Filed 9–15–14; 8:45 am]
tkelley on DSK3SPTVN1PROD with NOTICES
BILLING CODE 6210–01–P
FEDERAL TRADE COMMISSION
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request
Federal Trade Commission.
Notice and request for comment.
AGENCY:
ACTION:
VerDate Sep<11>2014
18:22 Sep 15, 2014
Jkt 232001
In compliance with the
Paperwork Reduction Act (PRA) of
1995, the Federal Trade Commission
(‘‘FTC’’ or ‘‘Commission’’) is seeking
public comments on its request to the
Office of Management and Budget
(‘‘OMB’’) for a three-year extension of
the current PRA clearance for the
information collection requirements
contained in the Gramm-Leach-Bliley
Financial Privacy Rule (GLB Privacy
Rule), 16 CFR part 313. That clearance
expires on September 30, 2014.
DATES: Comments must be received by
October 16, 2014.
ADDRESSES: Interested parties may file a
comment online or on paper, by
following the instructions in the
Request for Comment part of the
SUPPLEMENTARY INFORMATION section
below. You may file your comment
online at https://
ftcpublic.commentworks.com/ftc/
glbfinancialrulepra2 by following the
instructions on the Web-based form. If
you prefer to file your comment on
paper, mail or deliver your comment to
the following address: Federal Trade
Commission, Office of the Secretary,
600 Pennsylvania Avenue NW., Suite
CC–5610 (Annex J), Washington, DC
20580, or deliver your comment to the
following address: Federal Trade
Commission, Office of the Secretary,
Constitution Center, 400 7th Street SW.,
5th Floor, Suite 5610 (Annex J),
Washington, DC 20024.
Comments on the information
collection requirements subject to
review under the PRA should also be
submitted to OMB. If sent by U.S. mail,
address comments to: Office of
Information and Regulatory Affairs,
Office of Management and Budget,
Attention: Desk Officer for the Federal
Trade Commission, New Executive
Office Building, Docket Library, Room
10102, 725 17th Street NW.,
Washington, DC 20503. Comments sent
to OMB by U.S. postal mail, however,
are subject to delays due to heightened
security precautions. Thus, comments
instead should be sent by facsimile to
(202) 395–5167.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the proposed information
requirements should be addressed to
Jessica Lyon, Attorney, Division of
Privacy and Identity Protection, Bureau
of Consumer Protection, Federal Trade
Commission, 600 Pennsylvania Avenue
NW., Drop Box 8232, Washington, DC
20580, (202) 326–2344.
SUPPLEMENTARY INFORMATION:
Title: GLB Privacy Rule (officially
titled Privacy of Consumer Financial
Information Rule), 16 CFR part 313.
SUMMARY:
FEDERAL RESERVE SYSTEM
PO 00000
Frm 00064
Fmt 4703
Sfmt 4703
55489
OMB Control Number: 3084–0121.
Type of Review: Extension of a
currently approved collection.
Abstract: The GLB Privacy Rule is
designed to ensure that customers and
consumers, subject to certain
exceptions, will have access to the
privacy policies of the financial
institutions with which they conduct
business. As mandated by the GrammLeach-Bliley Act, 15 U.S.C. 6801–6809,
the Rule implements consumer
disclosure requirements that are subject
to the provisions of the PRA. The Rule
requires financial institutions to
disclose to consumers: (1) Initial notice
of the financial institution’s privacy
policy when establishing a customer
relationship with a consumer and/or
before sharing a consumer’s non-public
personal information with certain
nonaffiliated third parties; (2) notice of
the consumer’s right to opt out of
information sharing with such parties;
(3) annual notice of the institution’s
privacy policy to any continuing
customer; 1 and (4) notice of changes in
the institution’s practices on
information sharing. The Rule does not
require recordkeeping. For PRA burden
calculations the FTC has attributed to
itself the burden for all motor vehicle
dealers and then shares equally the
remaining PRA burden with the
Consumer Financial Protection Bureau
(CFPB) for other types of financial
institutions for which both agencies
have enforcement authority regarding
the GLB Privacy Rule.
On June 19, 2014, the Commission
sought comment on the Rule’s
information collection requirements.2
The Commission did not receive any
comments. As required by OMB
regulations, 5 CFR 1320, the FTC is
providing this second opportunity for
public comment.
Estimated annual hours burden:
1,515,050 annual hours (FTC portion).
As noted in previous burden
estimates for the GLB Privacy Rule,
determining the PRA burden of the
Rule’s disclosure requirements is very
1 The Consumer Financial Protection Bureau has
proposed amending Regulation P, to create an
alternative delivery method for this annual
disclosure, which financial institutions would be
able to use under certain conditions. See 79 FR
27214 (May 13, 2014). Specifically, the CFPB
proposes allowing financial institutions that do not
engage in certain types of information-sharing
activities to stop mailing an annual disclosure if
they post the annual notices on their Web sites and
meet certain other criteria. A financial institution
would still be required to mail a disclosure if the
institution, among other things, has changed its
privacy practices or engages in information-sharing
activities for which customers have a right to opt
out.
2 See 79 FR 35158 (60-Day Federal Register
Notice).
E:\FR\FM\16SEN1.SGM
16SEN1
]]>Agencies
[Federal Register Volume 79, Number 179 (Tuesday, September 16, 2014)]
[Notices]
[Page 55489]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-22017]
[[Page 55489]]
=======================================================================
-----------------------------------------------------------------------
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 October 10, 2014.
A. Federal Reserve Bank of St. Louis (Yvonne Sparks, Community
Development Officer) P.O. Box 442, St. Louis, Missouri 63166-2034:
1. Southern Bancorp, Inc., Arkadelphia, Arkansas, to merge with
Bolivar Banking Corporation and thereby indirectly acquire The Bank of
Bolivar County, both of Shelby, Mississippi.
Board of Governors of the Federal Reserve System, September 11,
2014.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2014-22017 Filed 9-15-14; 8:45 am]
BILLING CODE 6210-01-P
