Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 15858-15859 [05-6122]
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15858
Federal Register / Vol. 70, No. 59 / Tuesday, March 29, 2005 / Notices
If the proposed changes to Regulation
E are made final, state nonmember
banks will need to modify their
Regulation E disclosures to provide
initial disclosures that electronic check
conversion transactions are a new type
of transfer that can be made from a
consumer’s account. The FDIC estimates
that it will require institutions, on
average, one business day to reprogram
and update systems to include the new
notice concerning electronic check
conversion disclosure to their ongoing
Regulation E disclosure requirements.
The one-time burden would be 42,400
hours (8 hours × 5,300 respondents).
If the proposed changes to Regulation
E are made final, institutions involved
in offering payroll card accounts will be
required to ensure compliance with
Regulation E and provide disclosure of
basic terms, costs, and rights relating to
electronic fund transfer services in
connection with the payroll card
account. Certain information must be
disclosed to consumers, including:
initial and updated electronic fund
transfer terms, transaction information,
periodic statements of activity, the
consumer’s potential liability for
unauthorized transfers, and error
resolution rights and procedures. The
disclosures are standardized and
machine-generated and do not
substantively change from one
individual account to another; thus, the
average time for providing the
disclosure to all consumers should be
minimal.
The FDIC estimates that five state
nonmember banks participate in payroll
card account programs and that each
institution will make approximately
5,000 disclosures which will require an
average of 1.5 minutes per disclosure to
prepare and distribute, resulting in 625
hours of annual burden. The FDIC
estimates that the five institutions will
take, on average, 7 hours to prepare and
distribute 12 periodic statements for an
annual burden of 420 hours. The FDIC
estimates that the five respondents will
take, on average, 30 minutes for eight
error resolution procedures for a total of
20 hours. The payroll card account
disclosures would add 1,065 hours of
ongoing burden to the current annual
Regulation E burden of 28,930 hours.
At this time, the FDIC does not
believe that any state nonmember banks
are engaged in electronic check
conversion transactions as a merchant
or payee. The FDIC is not proposing to
make any changes to the Regulation CC
or DD parts of the OMB approved
information collection. The FDIC’s
burden estimate is based on the FRB’s
proposed rule; we will adjust it as
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necessary to make it consistent with the
FRB’s final rule.
Request for Comment
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collection,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) 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.
At the end of the comment period, the
comments and recommendations
received will be analyzed to determine
the extent to which the collection
should be modified prior to submission
to OMB for review and approval.
Comments submitted in response to this
notice also will be summarized or
included in the FDIC’s request to OMB
for renewal of this collection. All
comments will become a matter of
public record.
Dated in Washington, DC, this 22nd day of
March, 2005.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 05–6121 Filed 3–28–05; 8:45 am]
BILLING CODE 6714–01–P
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 application also will be
available for inspection at the offices of
the Board of Governors. Interested
persons may express their views in
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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.
Additional information on all bank
holding companies may be obtained
from the National Information Center
website at www.ffiec.gov/nic/.
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 April 22, 2005.
A. Federal Reserve Bank of Atlanta
(Andre Anderson, Vice President) 1000
Peachtree Street, N.E., Atlanta, Georgia
30303:
1. Hometown Community Bancshares,
Inc., Braselton, Georgia; to become a
bank holding company by acquiring 100
percent of the voting shares of
Hometown Community Bank of Georgia
(in organization), Braselton, Georgia.
B. Federal Reserve Bank of
Minneapolis (Jacqueline G. Nicholas,
Community Affairs Officer) 90
Hennepin Avenue, Minneapolis,
Minnesota 55480-0291:
1. Deerwood Bancshares, Inc.,
Deerwood, Minnesota; to merge with
Northome Bancshares, Inc., Northome,
Minnesota, and thereby indirectly
acquire Northland Community Bank,
Northome, Minnesota.
Board of Governors of the Federal Reserve
System, March 23, 2005.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 05–6102 Filed 3–28–05; 8:45 am]
BILLING CODE 6210–01–S
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
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Federal Register / Vol. 70, No. 59 / Tuesday, March 29, 2005 / Notices
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 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.
Additional information on all bank
holding companies may be obtained
from the National Information Center
Web site at https://www.ffiec.gov/nic/.
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 April 21, 2005.
A. Federal Reserve Bank of
Minneapolis (Richard M. Todd, Vice
President and Community Affairs
Officer), 90 Hennepin Avenue,
Minneapolis, MN 55480–0291:
1. Rum River Bancorporation, Inc.,
Milaca, Minnesota; to become a bank
holding company by acquiring 100
percent of the voting shares of The First
National Bank of Milaca, Milaca,
Minnesota.
Board of Governors of the Federal Reserve
System, March 22, 2005.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 05–6122 Filed 3–28–05; 8:45 am]
BILLING CODE 6210–01–P
BOARD OF GOVERNORS OF THE
FEDERAL RESERVE SYSTEM
Sunshine Act Meeting
TIME AND DATE:
11:30 a.m., Monday, April 4, 2005.
PLACE:
Marriner S. Eccles Federal Reserve
Board Building, 20th and C Streets,
NW., Washington, DC 20551.
STATUS: Closed.
MATTERS TO BE CONSIDERED:
1. Personnel actions (appointments,
promotions, assignments,
reassignments, and salary actions)
involving individual Federal Reserve
System employees.
2. Any items carried forward from a
previously announced meeting.
FOR FURTHER INFORMATION CONTACT:
Michelle A. Smith, Director, Office of
Board Members; 202–452–2955.
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You may
call (202) 452–3206 beginning at
approximately 5 p.m. two business days
before the meeting for a recorded
announcement of bank and bank
holding company applications
scheduled for the meeting; or you may
contact the Board’s Web site at https://
www.federalreserve.gov for an electronic
announcement that not only lists
applications, but also indicates
procedural and other information about
the meeting.
SUPPLEMENTARY INFORMATION:
Dated: March 25, 2005.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 05–6320 Filed 3–25–05; 2:18 pm]
BILLING CODE 6210–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Agency for Healthcare Research and
Quality
Agency Information Collection
Activities: Proposed Collection;
Comment Request
Agency for Healthcare Research
and Quality, HHS.
AGENCY:
ACTION:
Notice.
SUMMARY: This notice announces the
intention of the agency for Healthcare
Research and Quality (AHRQ) to request
the Office of Management and Budget
(OMB) to allow the proposed
information collection project:
‘‘National Study of the Hospital Adverse
Event Reporting Survey’’. In accordance
with the Paperwork Reduction Act of
1995, 44 U.S.C. 3506(c)(2)(A), AHRQ
invites the public to comment on this
proposed information collection.
This proposed information collection
was previously published in the Federal
Register on January 24, 2005, and
allowed 60 days for public comment. No
public comments were received. The
purpose of this notice is to allow an
additional 30 days for public comment.
Comments on this notice must be
received by April 28, 2005.
DATES:
Written comments should
be submitted to: John Kraemer, at the
Office of Information and Regulatory
Affairs, OMB at the e-mail address
John_Kraemer@omb.eop.gov and the fax
number is (202) 395–6974.
Copies of the proposed collection
plans, data collection instruments, and
specific details on the estimated burden
can be obtained from the AHRQ Reports
Clearance Officer.
ADDRESSES:
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15859
FOR FURTHER INFORMATION CONTACT:
Cynthia D. McMichael, AHRQ Reports
Clearance Officer, (301) 427–1651.
SUPPLEMENTARY INFORMATION:
Proposed Project
‘‘National Study of the Hospital Adverse
Event Reporting Survey’’
The National Study of the Hospital
Adverse Event Reporting Survey will
use a survey instrument which was
developed to examine and characterize
adverse event reporting in the Nation’s
hospitals. The survey will collect
information from staff for a nationally
representative sample of non-Federal
hospitals. Risk managers will complete
the questionnaire.
To achieve responses from 960
hospitals, we will contact 1200
hospitals to enlist their cooperation
(thus, we anticipate an 80% response
rate). Contacting 1200 hospitals should
yield 960 Risk Managers with whom to
conduct an interview.
The questionnaire will ask whether
hospitals collect information on adverse
events, and how the information is
stored. The questionnaire also asks
about the hospital’s case definition of a
reportable event and whether
information on the severity of the
adverse event is collected. It inquires
about who might report information and
whether they can report to a system
which is confidential and/or
anonymous. The questionnaire also asks
about the uses of the data that are
collected, reporting systems, and
whether information is used for
purposes including analytic uses,
personnel action, and intervention
design. Finally, the questionnaire asks
about the other sources of information
that are useful for patient safety-related
interventions.
The sample will be randomly drawn
from the American Hospital Association
Field Guide (the ‘‘AHA Guide’’). The
AHA Guide is a listing of 5,890
registered hospitals, which include
Department of Defense, and Veteran’s
Administration hospitals. The AHA
believes its database is close to 100
percent complete. AHA gathers
information directly from hospitals via
an annual survey. The resulting
database includes 0ver 600 fields in
areas such as organizational structure,
facilities, bed numbers, finances and
services specialities. Their survey
results are published annually in the
AHA Guide. In our sample frame, we
will include approximately 5,795 nonFederal hospitals (public hospitals
operated by cities, counties, and States
and private hospital including both for
profit and not-for-profit), and we will
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]]>Agencies
[Federal Register Volume 70, Number 59 (Tuesday, March 29, 2005)]
[Notices]
[Pages 15858-15859]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-6122]
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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
[[Page 15859]]
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 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.
Additional information on all bank holding companies may be obtained
from the National Information Center Web site at https://www.ffiec.gov/
nic/.
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 April 21, 2005.
A. Federal Reserve Bank of Minneapolis (Richard M. Todd, Vice
President and Community Affairs Officer), 90 Hennepin Avenue,
Minneapolis, MN 55480-0291:
1. Rum River Bancorporation, Inc., Milaca, Minnesota; to become a
bank holding company by acquiring 100 percent of the voting shares of
The First National Bank of Milaca, Milaca, Minnesota.
Board of Governors of the Federal Reserve System, March 22,
2005.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 05-6122 Filed 3-28-05; 8:45 am]
BILLING CODE 6210-01-P
