Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 4709-4710 [E7-1636]

Download as PDF Federal Register / Vol. 72, No. 21 / Thursday, February 1, 2007 / Notices rwilkins on PROD1PC63 with NOTICES Include docket number in the subject line of the message. • FAX: 202/452–3819 or 202/452– 3102. • Mail: Jennifer J. Johnson, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue, N.W., Washington, DC 20551. All public comments are available from the Board’s web site at www.federalreserve.gov/ generalinfo/foia/ProposedRegs.cfm as submitted, unless modified for technical reasons. Accordingly, your comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper in Room MP– 500 of the Board’s Martin Building (20th and C Streets, N.W.) between 9 a.m. and 5 p.m. on weekdays. Additionally, commenters should send a copy of their comments to the OMB Desk Officer by mail to the Office of Information and Regulatory Affairs, U.S. Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street, NW., Washington, DC 20503 or by fax to 202– 395–6974. FOR FURTHER INFORMATION CONTACT: A copy of the proposed form and instructions, the Paperwork Reduction Act Submission, supporting statement, and other documents that will be placed into OMB’s public docket files once approved may be requested from the agency clearance officer, whose name appears below. Michelle Shore, Federal Reserve Board Clearance Officer (202–452– 3829), Division of Research and Statistics, Board of Governors of the Federal Reserve System, Washington, DC 20551. Telecommunications Device for the Deaf (TDD) users may contact (202–263–4869), Board of Governors of the Federal Reserve System, Washington, DC 20551. Proposal to approve under OMB delegated authority the extension for three years, with revision, of the following report: Report title: Report of Money Market Mutual Fund Assets Agency form number: FR 2051a (formerly FR 2051a,b) OMB control number: 7100–0012 Frequency: Weekly Reporters: Money Market Mutual Funds Annual reporting hours: 5,200 hours Estimated average hours per response: 3 minutes Number of respondents: 2,000 General description of report: This information collection is voluntary (12 U.S.C. 353 et. seq.) and is given VerDate Aug<31>2005 16:47 Jan 31, 2007 Jkt 211001 confidential treatment [5 U.S.C. 552(b)(4)]. Abstract: The weekly FR 2051a collects data on total shares outstanding for approximately 2,000 money market mutual funds. The monthly FR 2051b collects data on total net assets and portfolio holdings for approximately 600 funds. The data are used to construct the monetary aggregates and for the analysis of current money market conditions and banking developments. Current Actions: The Federal Reserve proposes to discontinue the monthly FR 2051b. Prior to the discontinuance of the M3 monetary aggregate in March 2006, the monthly data were used in the construction of the M3 aggregate. Due to the M3 discontinuance, data from the FR 2051b are no longer necessary. The discontinuance of the FR 2051b would reduce the annual burden by 1,440 hours to 5,200 hours. Proposal to approve under OMB delegated authority the extension for three years, without revision, of the following reports: 1. Report title: Uniform Application for Municipal Securities Principal or Municipal Securities Representative Associated with a Bank Municipal Securities Dealer; Uniform Termination Notice for Municipal Securities Principal or Municipal Securities Representative Associated with a Bank Municipal Securities Dealer Agency form number: FR MSD–4, FR MSD–5 OMB control number: 7100–0100, 7100–0101 Frequency: On occasion Reporters: State member banks and foreign dealer banks engaging in activities as municipal securities dealers. Annual reporting hours: FR MSD–4, 76 hours; FR MSD–5, 30 hours Estimated average hours per response: FR MSD–4, 1 hour; FR MSD–5, 0.25 hours Number of respondents: FR MSD–4, 76; FR MSD–5, 119 General description of report: These information collections are mandatory for state member banks (12 U.S.C. § 248(a)(1)) and for foreign bank branches and agencies (12 U.S.C. 3105(c)(2)) and are given confidential treatment (5 U.S.C. § 552(b)(6)). Abstract: The FR MSD–4 collects information, such as personal history and professional qualifications, on an employee whom the bank wishes to assume the duties of a municipal securities principal or representative. The FR MSD–5 collects the date of, and reason for, termination of such an employee. PO 00000 Frm 00030 Fmt 4703 Sfmt 4703 4709 2. Report title: Notice By Financial Institutions of Government Securities Broker or Government Securities Dealer Activities; Notice By Financial Institutions of Termination of Activities as a Government Securities Broker or Government Securities Dealer Agency form number: FR G–FIN, FR G–FINW OMB control number: 7100–0224 Frequency: On occasion Reporters: State member banks, foreign banks, uninsured state branches or state agencies of foreign banks, commercial lending companies owned or controlled by foreign banks, and Edge corporations. Annual reporting hours: FR G–FIN, 26 hours; FR G–FINW, 1 hour Estimated average hours per response: FR G–FIN, 1 hour; FR G–FINW, 0.25 hours Number of respondents: FR G–FIN, 26; FR G–FINW, 5 General description of report: These information collections are mandatory (15 U.S.C. 78o–5(a)(1)(B)) and are not given confidential treatment. Abstract: The Government Securities Act of 1986 (the Act) requires financial institutions to notify their appropriate regulatory authority of their intent to engage in government securities broker or dealer activity, to amend information submitted previously, and to record their termination of such activity. The Federal Reserve Board uses the information in its supervisory capacity to measure compliance with the Act. Board of Governors of the Federal Reserve System, January 29, 2007. Jennifer J. Johnson, Secretary of the Board. [FR Doc. E7–1651 Filed 1–31–07; 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 Board, are available for immediate E:\FR\FM\01FEN1.SGM 01FEN1 4710 Federal Register / Vol. 72, No. 21 / Thursday, February 1, 2007 / Notices 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 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 26, 2007. A. Federal Reserve Bank of Boston (Richard Walker, Community Affairs Officer) P.O. Box 55882, Boston, Massachusetts 02106-2204: 1. Assabet Valley Bancorp, Hudson, Massachusetts; to acquire 100 percent of the voting shares, and thereby merge with Westborough Bancorp, MHC, Westborough Financial Services, Inc. and the Westborough Bank, all in Westborough, Massachusetts. Board of Governors of the Federal Reserve System, January 29, 2007. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E7–1636 Filed 1–31–07; 8:45 am] BILLING CODE 6210–01–S FEDERAL RESERVE SYSTEM rwilkins on PROD1PC63 with NOTICES Formations of, Acquisitions by, and Mergers of Bank Holding Companies; Correction This notice corrects a notice (FR Doc. E7-243) published on pages 1332 and 1333 of the issue for Thursday, January 11, 2007. Under the Federal Reserve Bank of Chicago heading, the entry for Grant Count State Bancshares, Inc. Employee Stock Ownership Plan, Swayzee, Indiana, is revised to read as follows: A. Federal Reserve Bank of Chicago (Patrick M. Wilder, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414: 1. Grant County State Bancshares, Inc. Employee Stock Ownership Plan, Swayzee, Indiana, to retain control of Grant County State Bancshares, Inc., Swayzee, Indiana, as a result of a stock redemption, and thereby indirectly VerDate Aug<31>2005 16:47 Jan 31, 2007 Jkt 211001 retain control of Grant County State Bank, Swayzee, Indiana. Comments on this application must be received by February 5, 2007. Board of Governors of the Federal Reserve System, January 29, 2007. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E7–1637 Filed 1–31–07; 8:45 am] BILLING CODE 6210–01–S DEPARTMENT OF HEALTH AND HUMAN SERVICES Office of the Secretary Pandemic Countermeasures; Declaration Under the Public Readiness and Emergency Preparedness Act January 26, 2007. Office of the Secretary (OS), Department of Health and Human Services (HHS). ACTION: Notice. AGENCY: Authority: 42 U.S.C. 247d–6d. Declaration pursuant to section 319F–3 of the Public Health Service Act (42 U.S.C. 247d-6d) to provide targeted liability protections for pandemic countermeasures based on a credible risk that an avian influenza virus spreads and evolves into a strain capable of causing a pandemic of human influenza. DATES: This notice and the attached declaration are effective as of December 1, 2006. FOR FURTHER INFORMATION CONTACT: RADM W.C. Vanderwagen, Assistant Secretary for Public Health Emergency Preparedness, Office of the Secretary, Department of Health and Human Services, 200 Independence Avenue, SW., Washington, DC 20201, Telephone (202) 205–2882 (this is not a toll-free number). SUMMARY: Highly pathogenic avian influenza A (H5N1) viruses have spread by infected migratory birds and exports of live poultry from Asia through Europe and Africa since 2004, and could spread into North America in 2006 or later, and have caused disease in humans with an associated high case fatality upon infection with this virus. Section 319F– 3 of the Public Health Service Act (42 U.S.C. 247d-6d), which was established by the Public Readiness and Emergency Preparedness Act of 2005, is intended to alleviate certain liability concerns associated with pandemic countermeasures, and, therefore, ensure SUPPLEMENTARY INFORMATION: PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 that the countermeasures are available and can be administered in the event an avian influenza virus spreads and evolves into a strain capable of causing a pandemic of human influenza. HHS Secretary’s Declaration for the Use of the Public Readiness and Emergency Preparedness Act for H5N1 Vaccine Whereas highly pathogenic avian influenza A (H5N1) viruses have spread by infected migratory birds and exports of live poultry from Asia through Europe and Africa since 2004, and could spread into North America in 2006 or later, and have caused disease in humans with an associated high case fatality upon infection with this virus; Whereas an H5N1 avian influenza virus might evolve into a strain capable of causing a pandemic of human influenza; Whereas, in accordance with section 319F–3(b)(6) of the Public Health Service Act (42 U.S.C. 247d-6d(b)) (‘‘the Act’’), I have considered the desirability of encouraging the design, development, clinical testing or investigation, manufacturing and product formulation, labeling, distribution, packaging, marketing, promotion, sale, purchase, donation, dispensing, prescribing, administration, licensing, and use of medical countermeasures with respect to the category of disease and population described in sections II and IV below, and have found it desirable to encourage such activities for the Covered Countermeasures; Therefore, pursuant to section 319F– 3(b) of the Act, I have determined there is a credible risk that the spread of avian influenza viruses and resulting disease could in the future constitute a public health emergency. I. Covered Countermeasures (as Required by Section 319F–3(b)(1) of the Act) Covered countermeasures are defined at section 319F–3(i) of the Act. At this time, and in accordance with the provisions contained herein, I am recommending the preparation of virus reference strains; the manufacturing, testing, development, and distribution; and, with respect to the category of disease and population described in sections II and IV below, the administration and usage of the pandemic countermeasure influenza A (H5N1) vaccine. The immunity specified in section 319F–3(a) of the Act shall be in effect with respect to those activities, pursuant to any means of distribution. The immunity specified in section 319F–3(a) of the Act shall only be in effect with respect to present (see Appendix I) and any future U.S. E:\FR\FM\01FEN1.SGM 01FEN1

Agencies

[Federal Register Volume 72, Number 21 (Thursday, February 1, 2007)]
[Notices]
[Pages 4709-4710]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-1636]


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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

[[Page 4710]]

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 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 26, 2007.
    A. Federal Reserve Bank of Boston (Richard Walker, Community 
Affairs Officer) P.O. Box 55882, Boston, Massachusetts 02106-2204:
    1. Assabet Valley Bancorp, Hudson, Massachusetts; to acquire 100 
percent of the voting shares, and thereby merge with Westborough 
Bancorp, MHC, Westborough Financial Services, Inc. and the Westborough 
Bank, all in Westborough, Massachusetts.

    Board of Governors of the Federal Reserve System, January 29, 
2007.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E7-1636 Filed 1-31-07; 8:45 am]
BILLING CODE 6210-01-S
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