Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 72055-72056 [2016-25266]
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Federal Register / Vol. 81, No. 202 / Wednesday, October 19, 2016 / Notices
foreign entity should be reported as an
LLC. After review and consideration,
the Federal Reserve decided not to make
these changes. Given the vast number of
diverse organizational structures, the
Federal Reserve believes that it is up to
each respondent to apply judgement in
determining whether a particular entity
type fits within the legal entity
structures listed in the form, including
whether a foreign entity should be
reported as an LLC. If a respondent
determines that a business organization
does not fit within any of the legal
entity structures listed in the form,
including the definition of LLC, it may
report the legal entity as ‘‘Other’’ and
provide a description of its unique
characteristics.
The commenter requested
clarification on how to report ownership
interests in LLCs when the
organization’s governing documents are
silent regarding the designation of a
managing member and where an entity
is designated as a manager (i.e., actively
manages the day-to-day operation of the
LLC), but has no ownership interest in
the LLC. In addition, the commenter
suggested that a flowchart be provided
in the instructions to indicate how to
report these interests. After review and
consideration, the Federal Reserve
decided not to make these changes.
Since each respondent’s relationship
with the LLC will vary and the
determination of whether to report its
ownership interest as a managing or
non-managing member may depend
upon a combination of factors,
including applicable state laws, the
respondent should consult with its legal
staff to take into account these unique
facts and circumstances and report its
interest in the manner it deems most
appropriate.
The commenter requested an
established and consistent process for
withdrawing an erroneous FR Y–10
report that should not have been filed.
The Federal Reserve support
incorporating procedures for this
process and will consider adding them
as part of a future proposal.
Finally, the commenter requested
several other technical enhancements to
the FR Y–10 online application: (1)
Establish a process for withdrawing an
FR Y–10 report that should not have
been filed, (2) add straight-through
processing of the FR Y–10 either
directly from internal systems or
through a data load process, (3) add a
notification that informs the reporter
after an event has been processed, (4)
add foreign branch entities, (5) remove
restriction in the FR Y–10 online
application to allow reporters that own
interest in the same entity to report their
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72055
holdings differently, and (6) update the
RSSD search function. The Federal
Reserve need additional time to
investigate whether these enhancements
are feasible and may consider them as
a part of a future proposal as costs and
resources permit.
Board of Governors of the Federal Reserve
System, October 14, 2016.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
Board of Governors of the Federal Reserve
System, October 13, 2016.
Robert deV. Frierson,
Secretary of the Board.
FEDERAL RESERVE SYSTEM
[FR Doc. 2016–25203 Filed 10–18–16; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Notice of Proposals To Engage in or
To Acquire Companies Engaged in
Permissible Nonbanking Activities
The companies listed in this notice
have given notice under section 4 of the
Bank Holding Company Act (12 U.S.C.
1843) (BHC Act) and Regulation Y, (12
CFR part 225) to engage de novo, or to
acquire or control voting securities or
assets of a company, including the
companies listed below, that engages
either directly or through a subsidiary or
other company, in a nonbanking activity
that is listed in § 225.28 of Regulation Y
(12 CFR 225.28) or that the Board has
determined by Order to be closely
related to banking and permissible for
bank holding companies. Unless
otherwise noted, these activities will be
conducted throughout the United States.
Each notice is available for inspection
at the Federal Reserve Bank indicated.
The notice also will be available for
inspection at the offices of the Board of
Governors. Interested persons may
express their views in writing on the
question whether the proposal complies
with the standards of section 4 of the
BHC Act.
Unless otherwise noted, comments
regarding the applications must be
received at the Reserve Bank indicated
or the offices of the Board of Governors
not later than November 15, 2016.
A. Federal Reserve Bank of San
Francisco (Gerald C. Tsai, Director,
Applications and Enforcement) 101
Market Street, San Francisco, California
94105–1579:
1. H Bancorp LLC, Irvine, California,
to acquire additional shares of Bay
Bancorp, Inc., and indirectly of Bay
Bank, FSB, both in Columbia, Maryland,
and thereby engage in operating a
savings and loan association.
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[FR Doc. 2016–25267 Filed 10–18–16; 8:45 am]
BILLING CODE 6210–01–P
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 November 15,
2016.
A. Federal Reserve Bank of Cleveland
(Nadine Wallman, Vice President) 1455
East Sixth Street, Cleveland, Ohio
44101–2566. Comments can also be sent
electronically to
comments.applications@clev.frb.org:
1. Standard Financial Corporation,
Murrysville, Pennsylvania; to acquire
Allegheny Valley Bancorp, Inc., and
thereby acquire control of Allegheny
Valley Bank of Pittsburgh, both of
Pittsburgh, Pennsylvania.
B. Federal Reserve Bank of Kansas
City (Dennis Denney, Assistant Vice
President) 1 Memorial Drive, Kansas
City, Missouri 64198–0001:
1. Margaret Parker Platter Charitable
Trust, Osceola, Missouri; to become a
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Federal Register / Vol. 81, No. 202 / Wednesday, October 19, 2016 / Notices
bank holding company by acquiring
additional voting shares of SCC
Bancshares, Inc., up to 26.03 percent,
and thereby acquire shares of St. Clair
County State Bank, both in Osceola,
Missouri.
2. Sunflower Reincorporation Sub,
Inc., Salina, Kansas; to merge with
Strategic Growth Bank Incorporated, El
Paso, Texas; Strategic Growth Bancorp
Incorporated, and thereby acquire
Capital Bank SSB, both in El Paso,
Texas; and First National Bancorp
Incorporated, and thereby acquire The
First National Bank of Santa Fe, both in
Albuquerque, New Mexico.
Board of Governors of the Federal Reserve
System, October 14, 2016.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
[FR Doc. 2016–25266 Filed 10–18–16; 8:45 am]
BILLING CODE 6210–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Administration for Children and
Families
Proposed Information Collection
Activity; Comment Request
Title: Personal Responsibility
Education Program (PREP); Promising
Youth Programs (PYP).
OMB No.: New Collection.
Description: The Personal
Responsibility Education Program
(PREP) grants provide education to
adolescents on both abstinence and
contraception for the prevention of
pregnancy and sexually transmitted
infections, including HIV/AIDS, as well
as education on additional topics to
prepare youth for adulthood. PREP
programs are overseen by the Family
and Youth Services Bureau (FYSB), in
the Administration for Children and
Families (ACF), in the U.S. Department
of Health and Human Services (HHS).
The Promising Youth Programs (PYP)
project supports PREP programming in
two ways. First, it supports grantees as
they collaborate with independent
evaluators to conduct evaluations of
their programs. Second, it is working to
develop curricula for underserved
youth. PYP is overseen by ACF’s Office
of Planning, Research, and Evaluation
(OPRE). To support the PYP project,
FYSB and OPRE seek approval to collect
the following information:
(1) Abstract template: We will
annually ask grantees and their
independent evaluators to develop/
update abstracts about their programs/
evaluations.
(2) CONSORT (CONsolidated
Standards Of Reporting Trials) diagram
template: We will bi-annually ask
grantees and their independent
evaluators for information about study
recruitment, enrollment, and retention.
(3) Baseline equivalence template: We
will bi-annually ask grantees and their
independent evaluators for information
that demonstrates whether program and
comparison groups are comparable.
(4) Implementation analysis plan
template: In Year 2 of their grants we
will ask grantees and their independent
evaluators for information that outlines
their implementation analysis plans.
(5) Youth discussions topic guide: We
will hold discussions with youth from
target populations about their
perceptions of PREP-related
programming.
Respondents: We will ask grantees
and their independent evaluators for
information related to (1), (2), (3), and
(4). We will ask youth from target
populations for information related to
(5).
ANNUAL BURDEN ESTIMATES
[3 year information collection]
Total number
of respondents
Instrument
(1)
(2)
(3)
(4)
(5)
Abstract template ...........................................................
CONSORT diagram template ........................................
Baseline equivalence template ......................................
Implementation analysis plan template ..........................
Youth discussions topic guide ........................................
Annual
number of
respondents
29
29
16
29
64
Number of
responses per
respondent
per year
29
29
16
10
21
Average
burden hours
per response
1
2
2
1
1
Annual burden
hours
3
1
2
5
1.5
87
58
64
50
32
sradovich on DSK3GMQ082PROD with NOTICES
Estimated Total Annual Burden Hours: 291.
In compliance with the requirements
of Section 3506(c)(2)(A) of the
Paperwork Reduction Act of 1995, the
Administration for Children and
Families is soliciting public comment
on the specific aspects of the
information collection described above.
Copies of the proposed collection of
information can be obtained and
comments may be forwarded by writing
to the Administration for Children and
Families, Office of Planning, Research
and Evaluation, 330 C Street SW.,
Washington, DC 20201, Attn: OPRE
Reports Clearance Officer. Email
address: OPREinfocollection@
acf.hhs.gov. All requests should be
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17:39 Oct 18, 2016
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identified by the title of the information
collection.
The Department specifically requests
comments on (a) whether the proposed
collection of information is necessary
for the proper performance of the
functions of the agency, including
whether the information shall have
practical utility; (b) the accuracy of the
agency’s estimate of the burden of the
proposed collection of information; (c)
the quality, utility, and clarity of the
information to be collected; and (d)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
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other forms of information technology.
Consideration will be given to
comments and suggestions submitted
within 60 days of this publication.
Mary Jones,
ACF/OPRE Certifying Officer.
[FR Doc. 2016–25231 Filed 10–18–16; 8:45 am]
BILLING CODE 4184–37–P
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[Federal Register Volume 81, Number 202 (Wednesday, October 19, 2016)]
[Notices]
[Pages 72055-72056]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-25266]
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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 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 November 15, 2016.
A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice
President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566. Comments
can also be sent electronically to comments.applications@clev.frb.org:
1. Standard Financial Corporation, Murrysville, Pennsylvania; to
acquire Allegheny Valley Bancorp, Inc., and thereby acquire control of
Allegheny Valley Bank of Pittsburgh, both of Pittsburgh, Pennsylvania.
B. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
1. Margaret Parker Platter Charitable Trust, Osceola, Missouri; to
become a
[[Page 72056]]
bank holding company by acquiring additional voting shares of SCC
Bancshares, Inc., up to 26.03 percent, and thereby acquire shares of
St. Clair County State Bank, both in Osceola, Missouri.
2. Sunflower Reincorporation Sub, Inc., Salina, Kansas; to merge
with Strategic Growth Bank Incorporated, El Paso, Texas; Strategic
Growth Bancorp Incorporated, and thereby acquire Capital Bank SSB, both
in El Paso, Texas; and First National Bancorp Incorporated, and thereby
acquire The First National Bank of Santa Fe, both in Albuquerque, New
Mexico.
Board of Governors of the Federal Reserve System, October 14,
2016.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
[FR Doc. 2016-25266 Filed 10-18-16; 8:45 am]
BILLING CODE 6210-01-P
