Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies, 28118 [E8-10858]
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28118
Federal Register / Vol. 73, No. 95 / Thursday, May 15, 2008 / Notices
public docket files. The Federal Reserve
may not conduct or sponsor, and the
respondent is not required to respond
to, an information collection that has
been extended, revised, or implemented
on or after October 1, 1995, unless it
displays a currently valid OMB control
number.
FOR FURTHER INFORMATION CONTACT:
Federal Reserve Board Clearance
Officer—Michelle Shore—Division of
Research and Statistics, Board of
Governors of the Federal Reserve
System, Washington, DC 20551 (202–
452–3829)
OMB Desk Officer—Alexander T.
Hunt—Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
Executive Office Building, Room 10235,
Washington, DC 20503.
Final approval under OMB delegated
authority of the extension for three
years, without revision, of the following
reports:
1. Report Title: Recordkeeping and
Disclosure Requirements Associated
with the Guidance on Response
Programs for Unauthorized Access to
Customer Information.
Agency Form Number: FR 4100.
OMB Control Number: 7100–0309.
Frequency: Develop customer notice,
one-time; update and maintain customer
notice, annually; Incident notification,
event-generated.
Reporters: Financial institutions.
Annual Reporting Hours: 62,135.
Estimated Average Hours per
Response: Develop customer notice, 24;
Update and maintain customer notice,
8; Incident notification, 29.
Number of Respondents: Develop
customer notice, 102; Update and
maintain customer notice, 6,957;
Incident notification, 139.
General Description of Report: This
information collection is mandatory (15
U.S.C. 6801(b)). Since the Federal
Reserve does not collect information
associated with the FR 4100, any issue
of confidentiality would not generally
be an issue. However, confidentiality
may arise if the Federal Reserve were to
obtain a copy of a customer notice
during the course of an examination or
were to receive a copy of a Suspicious
Activity Report (SAR; FR 2230; OMB
No. 7100–0212). In such cases the
information would be exempt from
disclosure to the public under the
Freedom of Information Act (5 U.S.C
552(b)(3), (4), and (8)). Also, a federal
employee is prohibited by law from
disclosing an SAR or the existence of an
SAR (31 U.S.C. 5318(g)).
Abstract: Recent trends in customer
information theft and the accompanying
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16:18 May 14, 2008
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misuse of that information have led to
the issuance of a supplemental
interpretation of existing information
technology-related security guidelines
applicable to financial institutions. The
supplemental guidelines are designed to
facilitate timely and relevant
notification of affected customers and
the appropriate regulatory authority of
the financial institutions. The
guidelines provide specific direction
regarding the nature and content of
customer notice.
Current Actions: On March 6, 2008,
the Federal Reserve published a notice
in the Federal Register (73 FR 12176)
requesting public comment for sixty
days on the extension, without revision,
of the ID-Theft Guidance. The comment
period for this notice expired on May 5,
2008. The Federal Reserve did not
receive any comments.
2. Report Title: The Recordkeeping
and Disclosure Requirement in
Connection with Regulation DD (Truth
in Savings).
Agency Form Number: Reg DD.
OMB Control Number: 7100–0271.
Frequency: Account disclosures, 500;
Change in terms notices, 1,130;
Prematurity notices, 1,015; Disclosures
on periodic statements, 12; and
Advertising, 12.
Reporters: State member banks.
Annual Reporting Hours: 176,177.
Estimated Average Hours per
Response: Account disclosures, 1.5
minutes; Change in terms notices, 1
minute; Prematurity notices, 1 minute;
Disclosures on periodic statements, 8
hours; and Advertising, 30 minutes.
Number of Respondents: 1,172.
General Description of Report: This
information collection is mandatory (12
U.S.C. 4308)). Since the Federal Reserve
does not collect any information, no
issue of confidentiality arises.
Abstract: The Truth in Savings Act
and Regulation DD require depository
institutions to disclose yields, fees, and
other terms concerning deposit accounts
to consumers at account opening, upon
request, and when changes in terms
occur. Depository institutions that
provide periodic statements are required
to include information about fees
imposed, interest earned, and the
annual percentage yield (APY) earned
during those statement periods. The act
and regulation mandate the methods by
which institutions determine the
account balance on which interest is
calculated. They also contain rules
about advertising deposit accounts.
Current Actions: On March 6, 2008,
the Federal Reserve published a notice
in the Federal Register (73 FR 1276)
requesting public comment for sixty
days on the extension, without revision,
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Fmt 4703
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of the recordkeeping and disclosure
requirements of Regulation DD. The
comment period for this notice expired
on May 5, 2008. The Federal Reserve
did not receive any comments.
Board of Governors of the Federal Reserve
System, May 9, 2008.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E8–10780 Filed 5–14–08; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisition of Shares of Bank or Bank
Holding Companies
The notificants listed below have
applied under the Change in Bank
Control Act (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire a bank or bank
holding company. The factors that are
considered in acting on the notices are
set forth in paragraph 7 of the Act (12
U.S.C. 1817(j)(7)).
The notices are available for
immediate inspection at the Federal
Reserve Bank indicated. The notices
also will be available for inspection at
the office of the Board of Governors.
Interested persons may express their
views in writing to the Reserve Bank
indicated for that notice or to the offices
of the Board of Governors. Comments
must be received not later than May 30,
2008.
A. Federal Reserve Bank of Chicago
(Burl Thornton, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. Mark R. Peterson, Dakota Dunes,
South Dakota, to acquire control of
Liberty Financial Services, Inc., and
thereby indirectly Liberty National
Bank, both of Sioux City, Iowa.
Board of Governors of the Federal Reserve
System, May 12, 2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E8–10858 Filed 5–14–08; 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
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]]>Agencies
[Federal Register Volume 73, Number 95 (Thursday, May 15, 2008)]
[Notices]
[Page 28118]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-10858]
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FEDERAL RESERVE SYSTEM
Change in Bank Control Notices; Acquisition of Shares of Bank or
Bank Holding Companies
The notificants listed below have applied under the Change in Bank
Control Act (12 U.S.C. 1817(j)) and Sec. [thinsp]225.41 of the Board's
Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company.
The factors that are considered in acting on the notices are set forth
in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
The notices are available for immediate inspection at the Federal
Reserve Bank indicated. The notices also will be available for
inspection at the office of the Board of Governors. Interested persons
may express their views in writing to the Reserve Bank indicated for
that notice or to the offices of the Board of Governors. Comments must
be received not later than May 30, 2008.
A. Federal Reserve Bank of Chicago (Burl Thornton, Assistant Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
1. Mark R. Peterson, Dakota Dunes, South Dakota, to acquire control
of Liberty Financial Services, Inc., and thereby indirectly Liberty
National Bank, both of Sioux City, Iowa.
Board of Governors of the Federal Reserve System, May 12, 2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E8-10858 Filed 5-14-08; 8:45 am]
BILLING CODE 6210-01-S
