Change in Bank Control Notices, Acquisition of Shares of Bank or Bank Holding Companies; Correction, 48929 [E6-13893]
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Federal Register / Vol. 71, No. 162 / Tuesday, August 22, 2006 / Notices
Memorandum items in accordance with
the applicable instructions.
In addition, the agencies are
providing guidance concerning the
reporting of brokered certificates of
deposit issued in $1,000 amounts under
a master certificate of deposit in the
revised Schedule O items and in
Schedule E of the FFIEC 002. For these
so–called ‘‘retail brokered deposits,’’
multiple purchases by individual
depositors from an individual FDIC–
insured branch normally do not exceed
the applicable deposit insurance limit
(either $100,000 or $250,000), but under
current deposit insurance rules the
deposit broker is not required to provide
information routinely on these
purchasers and their account ownership
capacity to the insured branch issuing
the deposits. For purposes of revised
Schedule O, Memorandum item 1,
multiple accounts of the same depositor
should not be aggregated. Therefore, in
the absence of information on account
ownership capacity for retail brokered
certificates of deposit in $1,000
amounts, which are rebuttably
presumed to be fully insured deposits,
branches issuing these brokered
deposits should include them in
Schedule O, Memorandum item 1, as
‘‘Deposit accounts of $100,000 or less.’’
Furthermore, these brokered certificates
of deposit in $1,000 amounts should not
be included in Schedule E,
Memorandum item 1.a, ‘‘Time deposits
of 100,000 or more,’’ or Memorandum
item 1.c, ‘‘Time certificates of deposit of
$100,000 or more with remaining
maturity of more than 12 months.’’
2. The caption for Memorandum item
1 will be footnoted to state that the
specific dollar amounts used as the
basis for reporting the number and
amount of deposit accounts in
Memorandum items 1.a through 1.d
reflect the deposit insurance limits in
effect on the report date. This footnote
will ensure that the dollar amount cited
in the caption changes automatically as
a function of the deposit insurance limit
in effect on the report date. The
instructions for this Memorandum item
will be similarly clarified. For further
details, see the Call Report Federal
Register notices published on November
8, 2002, and March 4, 2003 (67 FR
68229 and 68 FR 10310, respectively).
3. Memorandum items 2.a and 2.b
will be replaced and redefined as
Memorandum item 2, ‘‘Estimated
amount of uninsured deposits in the
branch (excluding IBF),’’ and will be
completed only by FDIC–insured
branches with $1 billion or more in total
claims on nonrelated parties. For further
details, see the Call Report Federal
Register notices published on October
VerDate Aug<31>2005
15:34 Aug 21, 2006
Jkt 208001
18, 2001, February 28, 2002, August 23,
2005, and February 17, 2006 (66 FR
52973, 67 FR 9355, 70 FR 49363, and 71
FR 8649, respectively).
Request for Comment
Comments are invited on:
a. Whether the information collection
is necessary for the proper performance
of the agencies’ functions, including
whether the information has practical
utility;
b. The accuracy of the agencies’
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;
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; and
e. Estimates of capital or start up costs
and costs of operation, maintenance,
and purchase of services to provide
information.
Comments submitted in response to
this notice will be shared among the
agencies. All comments will become a
matter of public record. Written
comments should address the accuracy
of the burden estimates and ways to
minimize burden including the use of
automated collection techniques or
other forms of information technology
as well as other relevant aspects of the
information collection request.
Board of Governors of the Federal Reserve
System, August 16, 2006.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E6–13833 Filed 8–21–06; 8:45 am]
BILLING CODE 6210–01–S
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices,
Acquisition of Shares of Bank or Bank
Holding Companies; Correction
This notice corrects a notice (FR Doc.
E6-12011) published on page 42642 of
the issue for Thursday, July 27, 2006.
Under the Federal Reserve Bank of
Richmond heading, the entry for Richrd
Jarrell, Freda Jarrell, Carol Jarrell, Robert
Jarrell, and Robin Jarrell, all of
Whitesville, West Virginia, is revised to
read as follows:
A. Federal Reserve Bank of
Richmond (A. Linwood Gill, III, Vice
President) 701 East Byrd Street,
Richmond, Virginia 23261-4528:
1. Richard Jarrell, Freda Jarrell, Carol
Jarrell, Robert Jarrell, and Robin Jarrell,
PO 00000
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48929
all of Whitesville, West Virginia; as a
group acting in concert to retain voting
shares of Big Coal River Bancorp, Inc.,
Whitesville, West Virginia, and thereby
indirectly retain voting shares of
Whitesville State Bank, Whitesville,
West Virginia.
Comments on this application must
be received by September 1, 2006.
Board of Governors of the Federal Reserve
System, August 17, 2006.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E6–13892 Filed 8–21–06; 8:45 am]
BILLING CODE 6210–01–S
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices,
Acquisition of Shares of Bank or Bank
Holding Companies; Correction
This notice corrects a notice (FR Doc.
E6-12874) published on page 45049 of
the issue for Tuesday, August 8, 2006.
Under the Federal Reserve Bank of
Richmond heading, the entry for Robert
Milam, Jr., Robert Milam, Melissa
Milam, Jada Milam, Kevin Milam, Lloyd
Jarrell; and other members of the Milam
family, Whitesville, West Virginia, is
revised to read as follows:
A. Federal Reserve Bank of
Richmond (A. Linwood Gill, III, Vice
President) 701 East Byrd Street,
Richmond, Virginia 23261-4528:
1. Robert Milam, Jr., to individually
retain voting shares of, and Robert
Milam, Jr.; Robert Milam; Melissa
Milam; Jada Milam; Kevin Milam; Lloyd
Jarrell; and other members of the Milam
family, Whitesville, West Virginia, as a
group acting in concert, to retain voting
shares of Big Coal River Bancorp, Inc.,
Whitesville, West Virginia, and thereby
indirectly retain voting shares of
Whitesville State Bank, Whitesville,
West Virginia.
Comments on this application must
be received by September 1, 2006.
Board of Governors of the Federal Reserve
System, August 17, 2006.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E6–13893 Filed 8–22–06; 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
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]]>Agencies
[Federal Register Volume 71, Number 162 (Tuesday, August 22, 2006)]
[Notices]
[Page 48929]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-13893]
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FEDERAL RESERVE SYSTEM
Change in Bank Control Notices, Acquisition of Shares of Bank or
Bank Holding Companies; Correction
This notice corrects a notice (FR Doc. E6-12874) published on page
45049 of the issue for Tuesday, August 8, 2006.
Under the Federal Reserve Bank of Richmond heading, the entry for
Robert Milam, Jr., Robert Milam, Melissa Milam, Jada Milam, Kevin
Milam, Lloyd Jarrell; and other members of the Milam family,
Whitesville, West Virginia, is revised to read as follows:
A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. Robert Milam, Jr., to individually retain voting shares of, and
Robert Milam, Jr.; Robert Milam; Melissa Milam; Jada Milam; Kevin
Milam; Lloyd Jarrell; and other members of the Milam family,
Whitesville, West Virginia, as a group acting in concert, to retain
voting shares of Big Coal River Bancorp, Inc., Whitesville, West
Virginia, and thereby indirectly retain voting shares of Whitesville
State Bank, Whitesville, West Virginia.
Comments on this application must be received by September 1, 2006.
Board of Governors of the Federal Reserve System, August 17,
2006.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E6-13893 Filed 8-22-06; 8:45 am]
BILLING CODE 6210-01-S
