Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies, 57909-57910 [2016-20202]

Download as PDF mstockstill on DSK3G9T082PROD with NOTICES Federal Register / Vol. 81, No. 164 / Wednesday, August 24, 2016 / Notices and Procedure, for an exemption from the Commission’s rules requiring individual service contract amendments, 46 CFR. 530.10, and the rule prohibiting duplicative tariffs, 46 CFR 520.7(a)(4). Specifically, Petitioner explains that ‘‘APL is currently majority owned by CMA CGM S.A. (‘‘CMA CGM’’) a vessel operating common carrier headquartered in Marseille, France. On or about September 1, 2016, APL will become delisted from the Singaporean stock exchange and be 100% owned by CMA CGM. At that time, CMA CGM will begin to consolidate certain operations under its various brands worldwide.’’ In particular, CMA CGM will transfer the slot allocations of its wholly owned subsidiary ANL Singapore Pte. Ltd. (‘‘ANL’’) to APL effective October 1, 2016. Petitioner requests that in lieu of publishing amendments to each of approximately 600 service contracts effected by the transfer of ANL’s transpacific business, ‘‘the Commission permit APL to send a universal notice to the Commission and to each of the service contract parties.’’ In addition, because existing ANL tariffs ‘‘will be taken over by APL and will be renumbered and republished under APL’s organization number,’’ Petitioners also seek a waiver to permit insertion of notices in existing ANL and new APL tariffs. The Petition in its entirety is posted on the Commission’s Web site at https:// www.fmc.gov/P3–16. Comments filed in response to this Petition also will be posted on the Commission’s Web site at this location. In order for the Commission to make a thorough evaluation of the Petition, interested persons are requested to submit comments in reply to the Petition no later than September 1, 2016. Commenters must send an original and 5 copies to the Secretary, Federal Maritime Commission, 800 North Capitol Street NW., Washington, DC 20573–0001, and be served on Eric R. Swett, VP & General Counsel, Americas, APL Limited, 16220 N. Scottsdale Rd., Scottsdale, AZ 85254– 1781. A text-searchable PDF copy of the comment must also be sent as an email attachment to Secretary@fmc.gov, and include in the subject line: ‘‘P3–16 (Commenter/Company Name).’’ Replies containing confidential information should not be submitted by email. Rachel E. Dickon, Assistant Secretary. [FR Doc. 2016–20220 Filed 8–23–16; 8:45 am] BILLING CODE 6731–AA–P VerDate Sep<11>2014 20:16 Aug 23, 2016 Jkt 238001 FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than September 6, 2016. A. Federal Reserve Bank of San Francisco (Gerald C. Tsai, Director, Applications and Enforcement) 101 Market Street, San Francisco, California 94105–1579: 1. First Financial Northwest Foundation and the First Financial Northwest ESOT, both of Renton, Washington; to retain and acquire additional voting shares of First Financial Northwest, Inc., and thereby indirectly acquire shares of First Financial Northwest Bank, both of Renton, Washington. 2. The Living Trust for the Benefit of Stephanie M. Smith, Helen Langer Smith, and Cynthia L. Smith; Kitsap, Washington, as Trustees for the Living Trust for the Benefit of Stephanie M. Smith; and Michael K. Pigors, Memphis, Tennessee, to retain additional shares of Olympic Bancorp, Inc., and thereby indirectly retain voting shares of Kitsap Bank, both of Port Orchard, Washington. B. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. Arthur C. Johnson as trustee of the Arthur C. Johnson Bank Stock Trust; Ada, Michigan; the Arthur C. Johnson Bank Stock Trust, Ada, Michigan; Lynnea K. Gery, LaGrange, Illinois, as trustee and Arthur C. Johnson as special trustee of the Charles and Lois Welling Family Trust, Patricia A. Johnson as trustee of the Patricia A. Johnson Bank Stock Trust, the Patricia A. Johnson Bank Stock Trust, all of Ada, Michigan; Erik T. Johnson, Rockford, Michigan; Hilary L. Ciesielski, Canton, Michigan; Bonnie K. Miller, individually, and as trustee of the Bonnie K. Miller Bank PO 00000 Frm 00033 Fmt 4703 Sfmt 4703 57909 Stock Trust, the Bonnie K. Miller Bank Stock Trust, Legacy Trust as trustee of the Arthur C. Johnson Irrevocable Trust, the Arthur C. Johnson Irrevocable Trust, Legacy Trust as trustee of the Patricia A. Johnson Irrevocable Trust, and the Patricia A. Johnson Irrevocable Trust, all of Grand Rapids, Michigan; the Charles and Lois Welling Family Trust, Charles J. Welling and Lois M. Welling as trustees of the Charles and Lois Welling Bank Stock Trust, the Charles and Lois Welling Bank Stock Trust, all of Hutchinson Island, Florida; and Patlin Leasing Company, as a group acting in concert to retain voting shares of United Community Financial Corporation, and indirectly shares of United Bank of Michigan, both of Grand Rapids, Michigan. Board of Governors of the Federal Reserve System, August 18, 2016. Margaret M. Shanks, Deputy Secretary of the Board. [FR Doc. 2016–20201 Filed 8–23–16; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies The companies listed in this notice have applied to the Board for approval, pursuant to the Home Owners’ Loan Act (12 U.S.C. 1461 et seq.) (HOLA), Regulation LL (12 CFR part 238), and Regulation MM (12 CFR part 239), and all other applicable statutes and regulations to become a savings and loan holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a savings association and nonbanking companies owned by the savings and loan 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 application also will 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 HOLA (12 U.S.C. 1467a(e)). 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 10(c)(4)(B) of the HOLA (12 U.S.C. 1467a(c)(4)(B)). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. E:\FR\FM\24AUN1.SGM 24AUN1 57910 Federal Register / Vol. 81, No. 164 / Wednesday, August 24, 2016 / Notices 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 September 18, 2016. A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice President) 1000 Peachtree Street NE., Atlanta, Georgia 30309. Comments can also be sent electronically to Applications.Comments@atl.frb.org: 1. Sunshine Bancorp, Inc., Plant City, Florida (‘‘Sunshine’’); to become a savings and loan holding company. Sunshine currently is a savings and loan holding company; Sunshine proposes to become a bank holding company for a moment in time by merging with FNB Bancorp Inc., Orlando, Florida and acquire its subsidiary bank, Florida Bank of Commerce, Orlando Florida, (‘‘FB Bank’’). Sunshine also has applied to retain its savings association, Sunshine Bank, Plant City, Florida. After the acquisition, Sunshine proposes to merge FB Bank with Sunshine Bank, with Sunshine Bank as the surviving entity, and become a savings and loan holding company. Board of Governors of the Federal Reserve System, August 18, 2016. Margaret M. Shanks, Deputy Secretary of the Board. [FR Doc. 2016–20202 Filed 8–23–16; 8:45 am] BILLING CODE 6210–01–P FEDERAL TRADE COMMISSION Agency Information Collection Activities; Proposed Collection; Comment Request Federal Trade Commission (FTC or Commission). ACTION: Notice. AGENCY: The information collection requirements described below will be submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act (PRA). The FTC seeks public comments on its proposal to extend, for three years, the current PRA clearance for information collection requirements contained in its Consumer Product Warranty Rule. That clearance expires on December 31, 2016. DATES: Comments must be received on or before October 24, 2016. ADDRESSES: Interested parties may file a comment online or on paper by following the instructions in the Request for Comments part of the SUPPLEMENTARY INFORMATION section below. Write ‘‘Warranty Rules: mstockstill on DSK3G9T082PROD with NOTICES SUMMARY: VerDate Sep<11>2014 20:16 Aug 23, 2016 Jkt 238001 Paperwork Comment, FTC File No. P044403’’ on your comment, and file your comment online at https:// ftcpublic.commentworks.com/ftc/ consumerwarrantypra 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. FOR FURTHER INFORMATION CONTACT: Requests for copies of the collection of information and supporting documentation should be addressed to Gary Ivens, Attorney, Division of Marketing Practices, Bureau of Consumer Protection, Federal Trade Commission, 600 Pennsylvania Avenue NW., CC–8528, Washington, DC 20580, (202) 326–2330. SUPPLEMENTARY INFORMATION: Proposed Information Collection Activities Under the Paperwork Reduction Act (PRA), 44 U.S.C. 3501–3520, federal agencies must get OMB approval for each collection of information they conduct, sponsor, or require. ‘‘Collection of information’’ means agency requests or requirements to submit reports, keep records, or provide information to a third party. 44 U.S.C. 3502(3); 5 CFR 1320.3(c). As required by section 3506(c)(2)(A) of the PRA, the FTC is providing this opportunity for public comment before requesting that OMB extend the existing PRA clearance for the information collection requirements associated with the Commission’s Rule Concerning Disclosure of Written Consumer Product Warranty Terms and Conditions (the Consumer Product Warranty Rule or Warranty Rule), 16 CFR part 701 (OMB Control Number 3084–0111). The FTC invites comments on: (1) Whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (2) the accuracy of the agency’s estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; (3) ways to enhance the quality, utility, and clarity of the information to be collected; and (4) ways to minimize the burden of the collection of information PO 00000 Frm 00034 Fmt 4703 Sfmt 4703 on those who are to respond. All comments must be received on or before October 24, 2016. The Warranty Rule is one of three rules 1 that the FTC implemented pursuant to requirements of the Magnuson-Moss Warranty Act, 15 U.S.C. 2301 et seq. (Warranty Act or Act).2 The Warranty Rule specifies the information that must appear in a written warranty on a consumer product 3 costing more than $15. The Rule tracks section 102(a) of the Warranty Act,4 specifying information that must appear in the written warranty and, for certain disclosures, mandates the exact language that must be used.5 Neither the Warranty Rule nor the Act requires that a manufacturer or retailer warrant a consumer product in writing, but if they choose to do so, the warranty must comply with the Rule. Warranty Rule Burden Statement Total annual hours burden: 140,280 hours. In its 2013 submission to OMB, the FTC estimated that the information collection burden of including the disclosures required by the Warranty Rule was 116,128 hours per year. Although the Rule’s information collection requirements have not changed, this estimate slightly increases the number of manufacturers subject to the Rule based on recent Census data. Further, because most warrantors would continue to disclose this information even if there were no statute or rule requiring them to do so, staff’s estimates likely overstate the PRA-related burden attributable to the Rule. Moreover, the Warranty Rule has been in effect since 1976, and warrantors have long since modified their warranties to include the information the Rule requires. Based on conversations with various warrantors’ representatives over the years, staff has concluded that eight hours per year is a reasonable estimate of warrantors’ PRA-related burden attributable to the Warranty Rule.6 This estimate takes into account ensuring that new warranties and changes to 1 The other two rules relate to the pre-sale availability of warranty terms and minimum standards for informal dispute settlement mechanisms that are incorporated into a written warranty. 2 40 FR 60168 (Dec. 31, 1975). 3 The definition of consumer product excludes products purchased solely for commercial or industrial use. 16 CFR 701.1(b). 4 15 U.S.C. 2302(a). 5 40 FR 60168, 60169–60170. 6 FTC staff has previously contacted two manufacturing associations—the Association of Home Appliance Manufacturers and the National Association of Manufacturers—and we have not located additional data that further clarifies this figure. E:\FR\FM\24AUN1.SGM 24AUN1

Agencies

FEDERAL RESERVE SYSTEM

[Federal Register Volume 81, Number 164 (Wednesday, August 24, 2016)]
[Notices]
[Pages 57909-57910]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-20202]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Savings and Loan 
Holding Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Home Owners' Loan Act (12 U.S.C. 1461 et 
seq.) (HOLA), Regulation LL (12 CFR part 238), and Regulation MM (12 
CFR part 239), and all other applicable statutes and regulations to 
become a savings and loan holding company and/or to acquire the assets 
or the ownership of, control of, or the power to vote shares of a 
savings association and nonbanking companies owned by the savings and 
loan 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 application also will 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 HOLA (12 U.S.C. 1467a(e)). 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 10(c)(4)(B) of the HOLA (12 U.S.C. 1467a(c)(4)(B)). Unless 
otherwise noted, nonbanking activities will be conducted throughout the 
United States.

[[Page 57910]]

    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 September 18, 2016.
    A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice 
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309. Comments 
can also be sent electronically to Applications.Comments@atl.frb.org:
    1. Sunshine Bancorp, Inc., Plant City, Florida (``Sunshine''); to 
become a savings and loan holding company. Sunshine currently is a 
savings and loan holding company; Sunshine proposes to become a bank 
holding company for a moment in time by merging with FNB Bancorp Inc., 
Orlando, Florida and acquire its subsidiary bank, Florida Bank of 
Commerce, Orlando Florida, (``FB Bank''). Sunshine also has applied to 
retain its savings association, Sunshine Bank, Plant City, Florida. 
After the acquisition, Sunshine proposes to merge FB Bank with Sunshine 
Bank, with Sunshine Bank as the surviving entity, and become a savings 
and loan holding company.

    Board of Governors of the Federal Reserve System, August 18, 
2016.
Margaret M. Shanks,
Deputy Secretary of the Board.
[FR Doc. 2016-20202 Filed 8-23-16; 8:45 am]
 BILLING CODE 6210-01-P

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