Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 54266-54267 [E7-18723]

Download as PDF 54266 Federal Register / Vol. 72, No. 184 / Monday, September 24, 2007 / Notices Yes 6. Does the Institution have an automated process in place to ensure integrity of the following: Yes No a. Active Accounts b. Dormant Accounts c. Accounts with Zero Average Daily Balance a. The linkage of roles is maintained between CIF and DIF records b. All product codes are properly maintained 3. Provide the number of accounts for each of the following dollar range. 7. Does the Institution use data quality tools (ETL) to integrate legacy data during a merger process? Total number of accounts a. Yes b. No a. $5,000 or less b. 5,000<$<=50,000 c. 50,000<$<=100,000 d. 100,000<$<=250,000 e. Greater than $250,000 Length of hold No 8. Which of the following occurs during the acquisition process? Goal 5: Miscellaneous Data Collection. This information will be used to help the FDIC streamline its insurance determination processes. 1. How are the official items drawn on your bank handled (i.e., are official items drawn on your bank, paid through your bank, and processed by your bank)? If not, what is your method? 2. For official items processed by your institution, are the following elements of information captured and maintained electronically? a. Legacy data is cleansed b. All roles are converted to the resulting institution codes c. All roles are established and CIF records are created for all deposit records Yes Yes Dated at Washington, DC, this 15th day of September, 2007. Federal Deposit Insurance Corporation. Robert Feldman, Executive Secretary. [FR Doc. E7–18735 Filed 9–21–07; 8:45 am] BILLING CODE 6714–01–P No 3. Does your institution have the ability to place holds on all product types? FEDERAL RESERVE SYSTEM 3. What is the typical daily volume of official items processed by your institution? Please specify— a. Yes b. No 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 Formations of, Acquisitions by, and Mergers of Bank Holding Companies Number of items a. Yes b. No 4. How does a hold affect the end-ofday schedule processing cycle? Goal 4: Processing Segmentation. The purpose is to ensure that the institution has data segmentation that can assist the FDIC in streamline its process. 1. Does your institution maintain separate applications for the following major types of accounts? Yes No a. Check Number b. Check Amount c. Payee d. Date of Issue 2. Can your institution support the ability to move between temporary holds and term holds? rfrederick on PROD1PC67 with NOTICES No a. Documenting all fields b. Documenting the meaning of all codes Total number of accounts a. Temporary Holds b. Term Holds c. Partial Holds No Total dollar amount a. Cashier checks b. Interest checks c. Bank Money Orders d. Expense checks e. Loan Disbursements f. Other checks 4. Do the account numbers appear on interest checks processed daily by your institution? a. Yes b. No 5. Does your institution have an upto-date data dictionary? a. Brokerage/Escrow Accounts 14:43 Sep 21, 2007 Yes 2. What is the total number of the following types of accounts maintained by your deposit system(s)? Goal 3: Hold Processing. The purpose is to ensure that the institution can apply monetary and non-monetary transactions to accounts en masse. 1. Does your institution support the following types of holds? VerDate Aug<31>2005 No b. IRA Accounts c. Business Accounts d. Trust 38. Corporate Agent 39. Corporate Guardian 40. Pre-Need Funeral Trust 41. Limited Liability Incorporation 42. LLC Partnership 43. Lawyer Trust 44. Realtor Trust e. DUE TO ( Other Banks): 45. Due to U.S. Banks 46. Due to U.S. Branches of Foreign Banks 47. Due to Other Deposit Institutions 48. Due to Foreign Banks 49. Due to Foreign Branches of U.S. Banks 50. Due to Foreign Governments and Official Institutions f. Bank: 51. Certified and Official Checks 52. ATM Settlement 53. Other Bank User g. FED: 54. FHA 55. Federal Yes Yes No Jkt 211001 PO 00000 Frm 00034 Fmt 4703 Sfmt 4703 E:\FR\FM\24SEN1.SGM 24SEN1 Federal Register / Vol. 72, No. 184 / Monday, September 24, 2007 / Notices 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 October 18, 2007. A. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice President) 2200 North Pearl Street, Dallas, Texas 75201– 2272: 1. NETEX Bancorporation, Mount Pleasant, Texas; to acquire 100 percent of voting shares of City Bancorp, Inc., Wellington, Texas, and thereby indirectly acquire voting shares of City Delaware Bancorp, Inc., Dover, Delaware, and Community Bank, Wellington, Texas. Board of Governors of the Federal Reserve System, September 18, 2007. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E7–18723 Filed 9–21–07; 8:45 am] BILLING CODE 6210–01–S FEDERAL RESERVE SYSTEM rfrederick on PROD1PC67 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 VerDate Aug<31>2005 14:43 Sep 21, 2007 Jkt 211001 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 October 19, 2007. A. Federal Reserve Bank of Atlanta (David Tatum, Vice President) 1000 Peachtree Street, N.E., Atlanta, Georgia 30309: 1. CNB Bancorp, Inc., to become a bank holding company by acquiring 100 percent of the voting shares of Commonwealth National Bank, both of Mobile, Alabama. Board of Governors of the Federal Reserve System, September 19, 2007. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E7–18734 Filed 9–21–07; 8:45 am] BILLING CODE 6210–01–S 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 Frm 00035 Fmt 4703 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 October 19, 2007. A. Federal Reserve Bank of Cleveland (Douglas A. Banks, Vice President) 1455 East Sixth Street, Cleveland, Ohio 44101–2566: 1. S&T Bancorp, Inc., Indiana, Pennsylvania; to acquire up to 24.99 percent of the voting shares of Allegheny Valley Bancorp, Inc., and thereby indirectly acquire voting shares of Allegheny Valley Bank of Pittsburgh, both of Pittsburgh, Pennsylvania. Board of Governors of the Federal Reserve System, September 19, 2007. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E7–18736 Filed 9–21–07; 8:45 am] BILLING CODE 6210–01–S DEPARTMENT OF HEALTH AND HUMAN SERVICES FEDERAL RESERVE SYSTEM PO 00000 54267 Sfmt 4703 Announcement of Availability of Funds for a Cooperative Agreement to Provide Baccalaureate Nursing Education Supportive of MaternalChild Nursing at Kabul Medical University (KMU) and Support for the Development of a Nursing Board for Registration and Licensure at the Ministry of Public Health; Cancellation Department of Health and Human Services, Office of the Secretary. ACTION: Notice; cancellation. AGENCY: SUMMARY: The Department of Health and Human Services published a document in the Federal Register of August 16, 2007, Vol. 72, No. 158, pages 46063 through 46073. The notice announced the sole source award of funds to provide Baccalaureate Nursing Education Supportive of Maternal-Child Nursing at Kabul Medical University (KMU) and Support for the Development of a Nursing Board for Registration and Licensure at the Ministry of Public Health. This award is being withdrawn. FOR FURTHER INFORMATION CONTACT: Christopher J. Hickey, Ph.D., Acting Director, Office of Asia and the Pacific, Office of Global Health Affairs, U.S. E:\FR\FM\24SEN1.SGM 24SEN1

Agencies

[Federal Register Volume 72, Number 184 (Monday, September 24, 2007)]
[Notices]
[Pages 54266-54267]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-18723]


=======================================================================
-----------------------------------------------------------------------

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

[[Page 54267]]

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 October 18, 2007.
    A. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. NETEX Bancorporation, Mount Pleasant, Texas; to acquire 100 
percent of voting shares of City Bancorp, Inc., Wellington, Texas, and 
thereby indirectly acquire voting shares of City Delaware Bancorp, 
Inc., Dover, Delaware, and Community Bank, Wellington, Texas.

    Board of Governors of the Federal Reserve System, September 18, 
2007.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E7-18723 Filed 9-21-07; 8:45 am]
BILLING CODE 6210-01-S