Public Meetings; Application by Bank of America Corporation, Charlotte, NC, To Acquire Countrywide Financial Corporation, Calabasas, CA, 19852-19853 [E8-7758]

Download as PDF 19852 Federal Register / Vol. 73, No. 71 / Friday, April 11, 2008 / Notices 100 percent of the voting shares of Southbridge Savings Bank, all of Southbridge, Massachusetts. B. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105– 1521: 1. The Hibshman Trust for Ephrata National Bank Stock; to acquire 31.2 percent of the voting shares of ENB Financial Corp., and thereby indirectly acquire voting shares of Ephrata National Bank, all of Ephrata, Pennsylvania. C. Federal Reserve Bank of St. Louis (Glenda Wilson, Community Affairs Officer) 411 Locust Street, St. Louis, Missouri 63166–2034: 1. Reliable Community Bancshares, Inc., Perryville, Missouri; to acquire 100 percent of the voting shares of Countryside Bancshares, Inc., and thereby indirectly acquire Countryside Bank, both of Republic, Missouri. Board of Governors of the Federal Reserve System, April 7, 2008. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E8–7645 Filed 4–10–08; 8:45 am] BILLING CODE 6210–01–S FEDERAL RESERVE SYSTEM mstockstill on PROD1PC66 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 applications 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 VerDate Aug<31>2005 19:21 Apr 10, 2008 Jkt 214001 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 May 8, 2008. A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice President) 701 East Byrd Street, Richmond, Virginia 23261–4528: 1. Hampton Roads Bankshares, Inc., Norfolk, Virginia; to acquire 100 percent of the voting shares of Shore Financial Corporation, and thereby indirectly acquire voting shares of Shore Bank, both of Onley, Virginia. Board of Governors of the Federal Reserve System, April 8, 2008. Margaret McCloskey Shanks, Associate Secretary of the Board. [FR Doc. E8–7762 Filed 4–10–08; 8:45 am] BILLING CODE 6210–01–S FEDERAL RESERVE SYSTEM Public Meetings; Application by Bank of America Corporation, Charlotte, NC, To Acquire Countrywide Financial Corporation, Calabasas, CA Board of Governors of the Federal Reserve System. ACTION: Notice of public meetings. AGENCY: SUMMARY: The Board will hold public meetings in Los Angeles, California, and Chicago, Illinois, regarding the notice submitted by Bank of America Corporation, Charlotte, North Carolina, to acquire Countrywide Financial Corporation, Calabasas, California, and Countrywide Bank, FSB, Alexandria, Virginia, as well as certain other nonbanking subsidiaries, pursuant to the Bank Holding Company Act (‘‘BHC Act’’) and related statutes. The purpose of the public meetings is to collect information relating to factors the Board is required to consider under the BHC Act. DATES: The Los Angeles, California, meeting will be held on Monday, April 28, 2008, and Tuesday, April 29, 2008, beginning at 8:30 a.m. PDT. The Chicago, Illinois, meeting will be held on Tuesday, April 22, 2008, beginning at 8:30 a.m. CDT. ADDRESSES: The public meeting in Los Angeles, California, will be held at the Los Angeles Branch of the Federal Reserve Bank of San Francisco, 950 South Grand Avenue, Los Angeles, California. The public meeting in Chicago, Illinois, will be held at the PO 00000 Frm 00051 Fmt 4703 Sfmt 4703 Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois. FOR FURTHER INFORMATION CONTACT: For the Los Angeles meeting, contact Scott Turner, Community Affairs Officer, Federal Reserve Bank of San Francisco, 101 Market Street, San Francisco, California 94105 (phone: 415/974–2722; facsimile: 415/393–1920). For the Chicago meeting, contact Alicia Williams, Vice President, Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604 (phone: 312/322–5910; facsimile: 312/ 913–2626). SUPPLEMENTARY INFORMATION: On February 15, 2008, Bank of America Corporation, Charlotte, North Carolina (‘‘Bank of America’’) requested the Board’s approval under the BHC Act and related statutes to acquire Countrywide Financial Corporation, Calabasas, California (‘‘Countrywide’’), and thereby acquire Countrywide’s wholly owned savings association subsidiary, Countrywide Bank, FSB, as well as Countrywide’s other nonbanking subsidiaries. The Board hereby orders that public meetings on the Bank of America/Countrywide proposal be held in Los Angeles, California, and Chicago, Illinois. Purpose and Procedures The public meetings will collect information relating to factors the Board is required to consider under the BHC Act. The factors the BHC Act requires the Board to consider include whether the notificant’s performance of the activities can reasonably be expected to produce benefits to the public (such as greater convenience, increased competition, and gains in efficiency) that outweigh possible adverse effects (such as undue concentration of resources, decreased or unfair competition, conflicts of interests, and unsound banking practices). Consideration of the above factors includes an evaluation of the financial and managerial resources of the notificant, including its subsidiaries, and any company to be acquired; the effect of the proposed transaction on those resources; and the management expertise, internal control and riskmanagement systems, and capital of the entity conducting the activity. In acting on a notice to acquire a savings association, the Board also reviews the records of performance of the insured depository institutions involved in the proposal under the Community Reinvestment Act, which requires the Board to take into account a relevant institution’s record of meeting the credit needs of its entire community, E:\FR\FM\11APN1.SGM 11APN1 Federal Register / Vol. 73, No. 71 / Friday, April 11, 2008 / Notices including low- and moderate-income neighborhoods, consistent with the safe and sound operation of the institution. 12 U.S.C. § 2903. mstockstill on PROD1PC66 with NOTICES Procedures for Hearing Testimony at the public meetings will be presented to a panel consisting of a Presiding Officer and other panel members appointed by the Presiding Officer. In conducting the public meetings, the Presiding Officer will have the authority and discretion to ensure that the meetings proceed in a fair and orderly manner. In contrast to a formal administrative hearing, the rules for taking evidence will not apply to the public meetings. Panel members may question witnesses but no crossexamination of witnesses will be permitted. The public meetings will be transcribed, and the transcripts will be posted on the Board’s public website within several days after the meetings. Information regarding the procedures for obtaining a copy of the transcript will be announced at the public meetings. On the basis of the requests received, the Presiding Officer will prepare a schedule for participants who will testify and establish the order of presentation. To ensure an opportunity for all interested commenters to present their views, the Presiding Officer may limit the time for presentation. Individuals not listed on the schedule may be permitted to speak at the public meeting if time permits at the conclusion of the schedule of witnesses, at the discretion of the Presiding Officer. Copies of testimony may, but need not, be filed with the Presiding Officer before a participant’s presentation. Request To Testify All persons wishing to testify at the public meeting to be held in Los Angeles must submit a written request to Scott Turner, Community Affairs Officer, Federal Reserve Bank of San Francisco, 101 Market Street, San Francisco, California 94105 (facsimile: 415/393–1920) no later than 5 p.m. PDT on April 15, 2008. All persons wishing to testify at the public meeting to be held in Chicago must submit a written request to Alicia Williams, Vice President, Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604 (facsimile: 312/ 913–2626) no later than 5 p.m. CDT on April 15, 2008. The request to testify must include the following information: (i) Identification of which meeting (and which day for the Los Angeles meeting) the participant wishes to attend; (ii) a brief statement of the nature of the VerDate Aug<31>2005 19:21 Apr 10, 2008 Jkt 214001 expected testimony (including whether the testimony will support or oppose the proposed transaction or provide other comment on the proposal) and the estimated time required for the presentation; (iii) the address and telephone number (and e-mail address and facsimile number, if available) of the individual testifying; and (iv) identification of any special needs, such as individuals needing translation services, individuals with a physical disability who may need assistance, or individuals requiring visual aids for their presentation. To the extent available, translators will be provided for those wishing to present their views in a language other than English if so requested in the request to testify. Individuals interested only in attending the meeting, but not testifying, need not submit a written request. By order of the Board of Governors of the Federal Reserve System, effective April 8, 2008. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E8–7758 Filed 4–10–08; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Centers for Disease Control and Prevention [60Day–08–0010] Proposed Data Collections Submitted for Public Comment and Recommendations In compliance with the requirement of Section 3506(c)(2)(A) of the Paperwork Reduction Act of 1995 for opportunity for public comment on proposed data collection projects, the Centers for Disease Control and Prevention (CDC) will publish periodic summaries of proposed projects. To request more information on the proposed projects or to obtain a copy of the data collection plans and instruments, call 404–639–5960 and send comments to Maryam I. Daneshvar, CDC Acting Reports Clearance Officer, 1600 Clifton Road, MS–D74, Atlanta, GA 30333 or send an e-mail to omb@cdc.gov. Comments are invited on: (a) Whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the proposed collection of information; (c) ways to enhance the quality, utility, and PO 00000 Frm 00052 Fmt 4703 Sfmt 4703 19853 clarity of the information to be collected; and (d) 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. Written comments should be received within 60 days of this notice. Proposed Project The National Birth Defects Prevention Study (NBDPS), (OMB 0920–0010)— Extension—National Center on Birth Defects and Developmental Disabilities (NCBDDD), Centers for Disease Control and Prevention (CDC). Background and Brief Description CDC has been monitoring the occurrence of serious birth defects and genetic diseases in Atlanta since 1967 through the Metropolitan Atlanta Congenital Defects Program (MACDP). The MACDP is a population-based surveillance system for birth defects in the 5 counties of Metropolitan Atlanta. Its primary purpose is to describe the spatial and temporal patterns of birth defects occurrence and serves as an early warning system for new Teratogens. In 1997, the Birth Defects Risk Factor Surveillance (BDRFS) study, a case-control study of risk factors for selected birth defects, became the National Birth Defects Prevention Study (NBDPS). The major components of the study did not change. The NBDPS is a case-control study of major birth defects that includes cases identified from existing birth defect surveillance registries in nine states, including metropolitan Atlanta. Control infants are randomly selected from birth certificates or birth hospital records. Mothers of case and control infants are interviewed using a computer-assisted telephone interview. The interview is estimated to take one hour. A maximum of four hundred interviews are planned, 300 cases and 100 controls resulting in a maximum interview burden of 400 hours for each of the Centers. Parents are also asked to collect cheek cells from themselves and their infants for DNA testing. The collection of cheek cells by the mother, father, and infant is estimated to take about 10 minutes per person. Each person will be asked to rub 1 brush inside the left cheek and 1 brush inside the right cheek for a total of 2 brushes per person. Collection of the cheek cells takes approximately 1– 2 minutes, but the estimate of burden is 10 minutes to account for reading and understanding the consent form and specimen collection instructions and mailing back the completed kits. The anticipated maximum burden for E:\FR\FM\11APN1.SGM 11APN1

Agencies

[Federal Register Volume 73, Number 71 (Friday, April 11, 2008)]
[Notices]
[Pages 19852-19853]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-7758]


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FEDERAL RESERVE SYSTEM


Public Meetings; Application by Bank of America Corporation, 
Charlotte, NC, To Acquire Countrywide Financial Corporation, Calabasas, 
CA

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice of public meetings.

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

SUMMARY: The Board will hold public meetings in Los Angeles, 
California, and Chicago, Illinois, regarding the notice submitted by 
Bank of America Corporation, Charlotte, North Carolina, to acquire 
Countrywide Financial Corporation, Calabasas, California, and 
Countrywide Bank, FSB, Alexandria, Virginia, as well as certain other 
nonbanking subsidiaries, pursuant to the Bank Holding Company Act 
(``BHC Act'') and related statutes. The purpose of the public meetings 
is to collect information relating to factors the Board is required to 
consider under the BHC Act.

DATES: The Los Angeles, California, meeting will be held on Monday, 
April 28, 2008, and Tuesday, April 29, 2008, beginning at 8:30 a.m. 
PDT. The Chicago, Illinois, meeting will be held on Tuesday, April 22, 
2008, beginning at 8:30 a.m. CDT.

ADDRESSES: The public meeting in Los Angeles, California, will be held 
at the Los Angeles Branch of the Federal Reserve Bank of San Francisco, 
950 South Grand Avenue, Los Angeles, California. The public meeting in 
Chicago, Illinois, will be held at the Federal Reserve Bank of Chicago, 
230 South LaSalle Street, Chicago, Illinois.

FOR FURTHER INFORMATION CONTACT: For the Los Angeles meeting, contact 
Scott Turner, Community Affairs Officer, Federal Reserve Bank of San 
Francisco, 101 Market Street, San Francisco, California 94105 (phone: 
415/974-2722; facsimile: 415/393-1920). For the Chicago meeting, 
contact Alicia Williams, Vice President, Federal Reserve Bank of 
Chicago, 230 South LaSalle Street, Chicago, Illinois 60604 (phone: 312/
322-5910; facsimile: 312/913-2626).

SUPPLEMENTARY INFORMATION: On February 15, 2008, Bank of America 
Corporation, Charlotte, North Carolina (``Bank of America'') requested 
the Board's approval under the BHC Act and related statutes to acquire 
Countrywide Financial Corporation, Calabasas, California 
(``Countrywide''), and thereby acquire Countrywide's wholly owned 
savings association subsidiary, Countrywide Bank, FSB, as well as 
Countrywide's other nonbanking subsidiaries. The Board hereby orders 
that public meetings on the Bank of America/Countrywide proposal be 
held in Los Angeles, California, and Chicago, Illinois.

Purpose and Procedures

    The public meetings will collect information relating to factors 
the Board is required to consider under the BHC Act. The factors the 
BHC Act requires the Board to consider include whether the notificant's 
performance of the activities can reasonably be expected to produce 
benefits to the public (such as greater convenience, increased 
competition, and gains in efficiency) that outweigh possible adverse 
effects (such as undue concentration of resources, decreased or unfair 
competition, conflicts of interests, and unsound banking practices). 
Consideration of the above factors includes an evaluation of the 
financial and managerial resources of the notificant, including its 
subsidiaries, and any company to be acquired; the effect of the 
proposed transaction on those resources; and the management expertise, 
internal control and risk-management systems, and capital of the entity 
conducting the activity. In acting on a notice to acquire a savings 
association, the Board also reviews the records of performance of the 
insured depository institutions involved in the proposal under the 
Community Reinvestment Act, which requires the Board to take into 
account a relevant institution's record of meeting the credit needs of 
its entire community,

[[Page 19853]]

including low- and moderate-income neighborhoods, consistent with the 
safe and sound operation of the institution. 12 U.S.C. Sec.  2903.

Procedures for Hearing

    Testimony at the public meetings will be presented to a panel 
consisting of a Presiding Officer and other panel members appointed by 
the Presiding Officer. In conducting the public meetings, the Presiding 
Officer will have the authority and discretion to ensure that the 
meetings proceed in a fair and orderly manner. In contrast to a formal 
administrative hearing, the rules for taking evidence will not apply to 
the public meetings. Panel members may question witnesses but no cross-
examination of witnesses will be permitted. The public meetings will be 
transcribed, and the transcripts will be posted on the Board's public 
website within several days after the meetings. Information regarding 
the procedures for obtaining a copy of the transcript will be announced 
at the public meetings.
    On the basis of the requests received, the Presiding Officer will 
prepare a schedule for participants who will testify and establish the 
order of presentation. To ensure an opportunity for all interested 
commenters to present their views, the Presiding Officer may limit the 
time for presentation. Individuals not listed on the schedule may be 
permitted to speak at the public meeting if time permits at the 
conclusion of the schedule of witnesses, at the discretion of the 
Presiding Officer. Copies of testimony may, but need not, be filed with 
the Presiding Officer before a participant's presentation.

Request To Testify

    All persons wishing to testify at the public meeting to be held in 
Los Angeles must submit a written request to Scott Turner, Community 
Affairs Officer, Federal Reserve Bank of San Francisco, 101 Market 
Street, San Francisco, California 94105 (facsimile: 415/393-1920) no 
later than 5 p.m. PDT on April 15, 2008. All persons wishing to testify 
at the public meeting to be held in Chicago must submit a written 
request to Alicia Williams, Vice President, Federal Reserve Bank of 
Chicago, 230 South LaSalle Street, Chicago, Illinois 60604 (facsimile: 
312/913-2626) no later than 5 p.m. CDT on April 15, 2008.
    The request to testify must include the following information: (i) 
Identification of which meeting (and which day for the Los Angeles 
meeting) the participant wishes to attend; (ii) a brief statement of 
the nature of the expected testimony (including whether the testimony 
will support or oppose the proposed transaction or provide other 
comment on the proposal) and the estimated time required for the 
presentation; (iii) the address and telephone number (and e-mail 
address and facsimile number, if available) of the individual 
testifying; and (iv) identification of any special needs, such as 
individuals needing translation services, individuals with a physical 
disability who may need assistance, or individuals requiring visual 
aids for their presentation. To the extent available, translators will 
be provided for those wishing to present their views in a language 
other than English if so requested in the request to testify. 
Individuals interested only in attending the meeting, but not 
testifying, need not submit a written request.

    By order of the Board of Governors of the Federal Reserve 
System, effective April 8, 2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
 [FR Doc. E8-7758 Filed 4-10-08; 8:45 am]
BILLING CODE 6210-01-P
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