Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 3849 [E7-1128]

Download as PDF Federal Register / Vol. 72, No. 17 / Friday, January 26, 2007 / Notices amount of capital stock a member must purchase to maintain membership in and to obtain services from a Bank. More specifically, sections 931.3 and 933.2(a) of the Finance Board rules authorize a Bank to offer its members several options to satisfy required investments in capital stock as activitybased and/or membership stock purchase requirements. 12 CFR 931.3 and 933.2(a). The information collection is necessary to provide the Banks with the flexibility to meet the statutory and regulatory capital structure requirements while allowing Bank members to choose the option best suited to their business requirements. The OMB control number for the information collection is 3069–0059, and it is due to expire on February 28, 2007. The likely respondents include Banks and Bank members. sroberts on PROD1PC70 with NOTICES B. Burden Estimate 17:19 Jan 25, 2007 Dated: January 23, 2007. By the Federal Housing Finance Board. Neil R. Crowley, Deputy General Counsel. [FR Doc. E7–1267 Filed 1–25–07; 8:45 am] BILLING CODE 6725–01–P While the number of member respondents has increased, the burden has decreased significantly because the Banks can access most of the data required by the information collection electronically from call reports the members already must file with their primary regulator. The estimate for the total annual hour burden for all member respondents is 35,100 hours. The estimate for the total annual cost burden is $1,509,300. These estimates are based on the following calculations: The Finance Board estimates the total annual average number of member respondents for activity-based stock purchase requirements at 5,500, with 4 responses per member. The estimate for the average hours per response is 0.65 hours. The estimate for member respondents’ annual hour burden related to activity-based stock purchase requirements is 14,300 hours (5,500 activity-based member respondents x 4 responses per member x 0.65 hours per response). The estimate for the annual cost burden is $614,900 (14,300 hours x $43 hourly rate). The Finance Board estimates the total annual average number of member respondents for membership stock purchase requirements at 8,000, with 4 responses per member. The estimate for the average hours per response is 0.65 hours. The estimate for member respondents’ annual hour burden related to membership stock purchase requirements is 20,800 hours (8,000 membership investment member respondents x 4 responses per member x 0.65 hours per response). The estimate for the annual cost burden is $894,400 (20,800 hours x $43 hourly rate). VerDate Aug<31>2005 C. Comment Request The Finance Board requests written comments on the following: (1) Whether the collection of information is necessary for the proper performance of Finance Board functions, including whether the information has practical utility; (2) the accuracy of the Finance Board’s estimates of the burdens of the collection of information; (3) ways to enhance the quality, utility, and clarity of the information collected; and (4) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology. Jkt 211001 3849 must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than February 20, 2007. A. Federal Reserve Bank of San Francisco (Tracy Basinger, Director, Regional and Community Bank Group) 101 Market Street, San Francisco, California 94105–1579: 1. Western Alliance Bancorporation, Las Vegas, Nevada; to be merged with First Independent Capital of Nevada, Reno, Nevada, and thereby indirectly acquire First Independent Bank of Nevada, Reno, Nevada. Board of Governors of the Federal Reserve System, January 22, 2007. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E7–1128 Filed 1–25–07; 8:45 am] BILLING CODE 6210–01–S DEPARTMENT OF HEALTH AND HUMAN SERVICES FEDERAL RESERVE SYSTEM Office of the Secretary Formations of, Acquisitions by, and Mergers of Bank Holding Companies [Document Identifier: OS–04040–0003; 60day notice] 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 website at https://www.ffiec.gov/nic/. Unless otherwise noted, comments regarding each of these applications Agency Information Collection Activities: Proposed Collection; Comment Request PO 00000 Frm 00071 Fmt 4703 Sfmt 4703 Agency: Office of the Secretary, HHS. In compliance with the requirement of section 3506(c)(2)(A) of the Paperwork Reduction Act of 1995, the Grants.gov Program Management Office, one of the 26 E-Government initiatives, managed by the Department of Health and Human Services is publishing the following summary of proposed collection for public comment. Interested individuals are invited to send comments regarding any aspect of this collection of information or any other aspect of this collection of information, including any of the following subjects: (1) The necessity and utility of the proposed information collection for the proper performance of the agency’s functions; (2) the accuracy of the estimated burden; (3) ways to enhance the quality, utility, and clarity of the information to be collected; and (4) the use of automated collection techniques or other forms of information technology to minimize the information collection burden. Type of Information Collection Request: Extension. Title of Information Collection: SF– 424 Short Organizational. Form/OMB No.: 4040–0003. Use: The SF–424 (short) is a simplified, alternative government-wide data set and application cover page for E:\FR\FM\26JAN1.SGM 26JAN1

Agencies

[Federal Register Volume 72, Number 17 (Friday, January 26, 2007)]
[Notices]
[Page 3849]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-1128]


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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 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 website 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 February 20, 2007.
    A. Federal Reserve Bank of San Francisco (Tracy Basinger, Director, 
Regional and Community Bank Group) 101 Market Street, San Francisco, 
California 94105-1579:
    1. Western Alliance Bancorporation, Las Vegas, Nevada; to be merged 
with First Independent Capital of Nevada, Reno, Nevada, and thereby 
indirectly acquire First Independent Bank of Nevada, Reno, Nevada.

    Board of Governors of the Federal Reserve System, January 22, 
2007.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E7-1128 Filed 1-25-07; 8:45 am]
BILLING CODE 6210-01-S
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