Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 33751 [E6-9069]

Download as PDF Federal Register / Vol. 71, No. 112 / Monday, June 12, 2006 / Notices collects information on two measures of credit card interest rates from a sample of commercial banks with $1 billion or more in credit card receivables and a representative of smaller issuers. Current Actions: The Federal Reserve will add a new data item, New automobiles (60–month), to the FR 2835. This item will collect the most common interest rate on 60–month loans for new automobiles. The Federal Reserve will also decrease the authorized sample size for the FR 2835a from 80 to 50 commercial banks. The Federal Reserve received one general comment letter from a federal agency. The commenter described its use of the data to prepare monthly, quarterly, and annual estimates of personal interest payments, a component of personal outlays in the national income and product accounts. The revisions will be implemented as originally proposed. Board of Governors of the Federal Reserve System, June 7, 2006. Jennifer J. Johnson Secretary of the Board. [FR Doc. E6–9075 Filed 6–9–06; 8:45 am] Additional information on all bank holding companies may be obtained from the National Information Center Web site at http://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 July 7, 2006. A. Federal Reserve Bank of Chicago (Patrick M. Wilder, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414: 1. First Community Financial Partners, Inc., Joliet, Illinois; to become a bank holding company by acquiring 100 percent of the voting shares of First Community Bank of Joliet, Joliet, Illinois. In connection with this application, Applicant also has applied to engage de novo in lending activities, pursuant to section 225.28(b)(1) of Regulation Y. Board of Governors of the Federal Reserve System, June 7, 2006. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E6–9069 Filed 6–9–06; 8:45 am] BILLING CODE 6210–01–S BILLING CODE 6210–01–S FEDERAL RESERVE SYSTEM FEDERAL RESERVE SYSTEM dsatterwhite on PROD1PC76 with 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 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. VerDate Aug<31>2005 19:52 Jun 09, 2006 Jkt 208001 Federal Open Market Committee; Domestic Policy Directive of May 10, 2006 In accordance with § 271.25 of its rules regarding availability of information (12 CFR part 271), there is set forth below the domestic policy directive issued by the Federal Open Market Committee at its meeting held on May 10, 2006.1 The Federal Open Market Committee seeks monetary and financial conditions that will foster price stability and promote sustainable growth in output. To further its long-run objectives, the Committee in the immediate future seeks conditions in reserve markets consistent with increasing the federal funds rate to an average of around 5 percent. The vote encompassed approval of the paragraph below for inclusion in the statement to be released shortly after the meeting: ‘‘The Committee judges that some further policy firming may be needed to keep the risks to the attainment of both sustainable 1 Copies of the Minutes of the Federal Open Market Committee Meeting on May 10, 2006, which includes the domestic policy directive issued at the meeting, are available upon request to the Board of Governors of the Federal Reserve System, Washington, DC 20551. The minutes are published in the Federal Reserve Bulletin and in the Board’s annual report. PO 00000 Frm 00029 Fmt 4703 Sfmt 4703 33751 economic growth and price stability roughly in balance. In any event, the Committee will respond to changes in economic prospects as needed to foster these objectives.’’ By order of the Federal Open Market Committee, June 2, 2006. Vincent R. Reinhart, Secretary, Federal Open Market Committee. [FR Doc. E6–9047 Filed 6–9–06; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Announcement of Cooperative Agreement With Morehouse School of Medicine Department of Health and Human Services, Office of the Secretary, Office of Public Health and Science, Office of Minority Health. ACTION: Notice. AGENCY: Funding Title: Cooperative Agreement with Morehouse School of Medicine. Announcement Type: Initial Announcement. Catalog of Federal Domestic Assistance Number: 93.004. DATES: July 1, 2006. SUMMARY: This announcement is made by the United States Department of Health and Human Services (HHS or Department), Office of Minority Health (OMH) located within the Office of Public Health and Science (OPHS), and working in a ‘‘One-Department’’ approach collaboratively with participating HHS agencies and programs (entities). The mission of the OMH is to improve the health of racial and ethnic minority populations through the development of policies and programs that address disparities and gaps. OMH serves as the focal point in the HHS for leadership, policy development and coordination, service demonstrations, information exchange, coalition and partnership building, and relation efforts to address the health need of racial and ethnic minorities. This announcement supports the Healthy People 2010 overarching goal to eliminate health disparities. As part of a continuing HHS effort to improve the health and well being of racial and ethnic minorities, the Department announces a sole source umbrella cooperative agreement award to the Morehouse School of Medicine. SUPPLEMENTARY INFORMATION: Authority: This program is authorized under 42 U.S.C. 300 u–6, section 1707 of the Public Health Service Act, as amended. 1. Recipient: Morehouse School of Medicine. E:\FR\FM\12JNN1.SGM 12JNN1

Agencies

[Federal Register Volume 71, Number 112 (Monday, June 12, 2006)]
[Notices]
[Page 33751]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-9069]


-----------------------------------------------------------------------

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 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 http://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 July 7, 2006.
    A. Federal Reserve Bank of Chicago (Patrick M. Wilder, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. First Community Financial Partners, Inc., Joliet, Illinois; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of First Community Bank of Joliet, Joliet, Illinois.
    In connection with this application, Applicant also has applied to 
engage de novo in lending activities, pursuant to section 225.28(b)(1) 
of Regulation Y.

    Board of Governors of the Federal Reserve System, June 7, 2006.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E6-9069 Filed 6-9-06; 8:45 am]
BILLING CODE 6210-01-S