Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 49673-49674 [E8-19528]
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jlentini on PROD1PC65 with NOTICES
Federal Register / Vol. 73, No. 164 / Friday, August 22, 2008 / Notices
polling to determine whether there are
more neutral and reliable ways to elicit
the information sought. The commenter
further suggested that the FDIC
eliminate failure to provide check
cashing services as a possible answer to
questions probing the reasons a
respondent does not have or has closed
an account.
The commenter also suggested that
the FDIC expand the survey, to elicit
more detailed information in a number
of areas, including the attitudes of the
unbanked toward financial education
opportunities; the reasons some
consumers prefer to operate on a cash
basis; what consumers like and dislike
about payroll cards and other pre-paid
products and the extent to which users
of such products tend to be interested in
opening checking or savings accounts;
and the extent to which price and other
factors affect the choices made by
unbanked consumers when shopping
for financial products and services.
Finally, the commenter noted that the
survey does not include questions of a
demographic nature such as the
respondent’s age, education, income,
line of work, ethnicity, or how long he
or she has resided in the country. The
commenter, therefore, requested that the
FDIC incorporate demographic
questions into the survey or clarify that
such questions will be included as part
of the regularly scheduled questions
asked by census takers.
In its development of the survey
questions for the National Survey of
Unbanked and Underbanked
Households, the FDIC attempted to
balance its statutory mandate to identify
the factors that appear to prevent
unbanked individuals from establishing
accounts with insured depository
institutions and the demographic
characteristics of the unbanked
population against the need to minimize
burden on respondents. To achieve this
balance and to ensure that the questions
were structured in a way to minimize
bias, the FDIC consulted with a
nationally recognized polling firm with
expert credentials in qualitative and
quantitative research and analysis. The
FDIC also worked closely with a
cognitive testing expert on the faculty of
the University of Connecticut and with
staff of the Census Bureau’s
Demographic Surveys Division and the
Labor Department’s Bureau of Labor
Statistics. After two rounds of cognitive
testing with corresponding adjustments
to survey questions, the FDIC is
confident that the survey questions are
structured in a way that minimizes
possible skewing of survey results.
With respect to suggested deletion of
failure to provide check cashing services
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as a potential response to questions
seeking information on the reasons for
not having or closing an account, the
FDIC is aware that such services are
usually extended to bank customers.
However, provision of such services to
account holders is not always the case
and, in many instances, may be
restricted by several factors such as
account standing and the institution on
which the check is drawn. Therefore,
the FDIC believes that failure to provide
check cashing services is a valid
response option for questions seeking to
determine the reasons for not having or
closing an account.
Regarding the suggestion that the
FDIC expand the survey to elicit more
detailed information in a variety of
areas, the FDIC agrees that the utility of
the survey would be enhanced by the
addition of questions that would
provide more depth on factors
underlying consumer choices and
preferences with respect to financial
products and services. However, the
FDIC is constrained by Census Bureau
limits on the length of the survey.
Perhaps these issues can be explored in
future survey efforts.
On the demographic issues raised by
the commenter, the FDIC has clarified
that demographic information about
respondents is collected by the Current
Population Survey, eliminating the need
for such questions to be included in the
supplemental survey.
Request for Comment
Comments are invited on: (a) Whether
these collections of information are
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimate of the
burden of the information collections,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the information collections on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
All comments will become a matter of
public record.
Dated at Washington, DC, this 19th day of
August, 2008.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. E8–19478 Filed 8–21–08; 8:45 am]
BILLING CODE 6714–01–P
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49673
FEDERAL RESERVE SYSTEM
Proposed Agency Information
Collection Activities; Comment
Request
Correction
In notice document E8–17716
beginning on page 45222 in the issue of
Monday, August 4, 2008, make the
following correction:
On page 45223, in the first column,
under DATES:, in the second line,
‘‘September 30, 2008’’ should read
‘‘October 3, 2008’’.
[FR Doc. Z8–17716 Filed 8–21–08; 8:45 am]
BILLING CODE 1505–01–D
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
September 9, 2008.
A. Federal Reserve Bank of Kansas
City (Todd Offenbacker, Assistant Vice
President) 1 Memorial Drive, Kansas
City, Missouri 64198–0001:
1. Steven J. Buchanan, Omaha,
Nebraska, as a member of Wilber Co.
Voting Trust; to retain control of Wilber
Co., both of Wilber, Nebraska, parent of
First State Bank, Lincoln, Nebraska.
Board of Governors of the Federal Reserve
System, August 19, 2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E8–19529 Filed 8–21–08; 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,
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49674
Federal Register / Vol. 73, No. 164 / Friday, August 22, 2008 / Notices
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
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 September 18,
2008.
A. Federal Reserve Bank of
Richmond (A. Linwood Gill, III, Vice
President) 701 East Byrd Street,
Richmond, Virginia 23261–4528:
1. Bank of America Corporation, and
NB Holdings Corporation, both of
Charlotte, North Carolina; to acquire
100 percent of the voting securities of
Bank of America Illinois, National
Association, Chicago, Illinois (in
organization), and Bank of America
Michigan, National Association, Troy,
Michigan (in organization).
B. Federal Reserve Bank of Atlanta
(Steve Foley, Vice President) 1000
Peachtree Street, N.E., Atlanta, Georgia
30309:
1. Piedmont Bancorp, Inc., Norcross,
Georgia; to become a bank holding
company by acquiring 100 percent of
the outstanding shares of First Choice
Community Bank 1874, Newnan,
Georgia.
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Board of Governors of the Federal Reserve
System, August 19, 2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E8–19528 Filed 8–21–08; 8:45 am]
Board of Governors of the Federal Reserve
System, August 19, 2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E8–19526 Filed 8–21–08; 8:45 am]
BILLING CODE 6210–01–S
BILLING CODE 6210–01–S
FEDERAL RESERVE SYSTEM
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Notice of Proposals to Engage in
Permissible Nonbanking Activities or
to Acquire Companies that are
Engaged in Permissible Nonbanking
Activities
The companies listed in this notice
have given notice under section 4 of the
Bank Holding Company Act (12 U.S.C.
1843) (BHC Act) and Regulation Y (12
CFR Part 225) to engage de novo, or to
acquire or control voting securities or
assets of a company, including the
companies listed below, that engages
either directly or through a subsidiary or
other company, in a nonbanking activity
that is listed in § 225.28 of Regulation Y
(12 CFR 225.28) or that the Board has
determined by Order to be closely
related to banking and permissible for
bank holding companies. Unless
otherwise noted, these activities will be
conducted throughout the United States.
Each notice is available for inspection
at the Federal Reserve Bank indicated.
The notice also will be available for
inspection at the offices of the Board of
Governors. Interested persons may
express their views in writing on the
question whether the proposal complies
with the standards of section 4 of the
BHC Act. 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 the applications must be
received at the Reserve Bank indicated
or the offices of the Board of Governors
not later than September 9, 2008.
A. Federal Reserve Bank of Atlanta
(Steve Foley, Vice President) 1000
Peachtree Street, N.E., Atlanta, Georgia
30309:
1. Banco de Sabadell, S.A., Sabadell,
Spain, and its subsidiary, TransAtlantic
Holding Corp., Miami, Florida; to
engage de novo in making, acquiring,
brokering or servicing loans or other
extensions of credit through a newlyformed subsidiary, Interstate Property
Holdings, LLC, Miami, Florida,
pursuant to section 225.28(b)(1) of
Regulation Y.
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[Document Identifier: OS–0990–New; 30Day Notice]
Agency Information Collection
Request; 30-Day Public Comment
Request
Office of the Secretary, HHS.
In compliance with the requirement
of section 3506(c)(2)(A) of the
Paperwork Reduction Act of 1995, the
Office of the Secretary (OS), Department
of Health and Human Services, is
publishing the following summary of a
proposed collection for public
comment. Interested persons are invited
to send comments regarding this burden
estimate 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.
To obtain copies of the supporting
statement and any related forms for the
proposed paperwork collections
referenced above, e-mail your request,
including your address, phone number,
OMB number, and OS document
identifier, to
Sherette.funncoleman@hhs.gov, or call
the Reports Clearance Office on (202)
690–5683. Send written comments and
recommendations for the proposed
information collections within 30 days
of this notice directly to the OS OMB
Desk Officer; faxed to OMB at 202–395–
6974..
Proposed Project: Trends in U.S.
Public Awareness of Racial and Ethnic
Health Disparities (1999–2008)—NewOffice of Minority Health (OMH).
Abstract: The proposed survey seeks
to collect data for one of OMH’s annual
performance measures, approved by
OMB in February 2007, following Office
of Management and Budget (OMB)’s
examination of OMH using the Program
Assessment Rating Tool (PART). This
measure is to ‘‘increase awareness of
AGENCY:
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[Federal Register Volume 73, Number 164 (Friday, August 22, 2008)]
[Notices]
[Pages 49673-49674]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-19528]
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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,
[[Page 49674]]
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 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 September 18, 2008.
A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. Bank of America Corporation, and NB Holdings Corporation, both
of Charlotte, North Carolina; to acquire 100 percent of the voting
securities of Bank of America Illinois, National Association, Chicago,
Illinois (in organization), and Bank of America Michigan, National
Association, Troy, Michigan (in organization).
B. Federal Reserve Bank of Atlanta (Steve Foley, Vice President)
1000 Peachtree Street, N.E., Atlanta, Georgia 30309:
1. Piedmont Bancorp, Inc., Norcross, Georgia; to become a bank
holding company by acquiring 100 percent of the outstanding shares of
First Choice Community Bank 1874, Newnan, Georgia.
Board of Governors of the Federal Reserve System, August 19,
2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E8-19528 Filed 8-21-08; 8:45 am]
BILLING CODE 6210-01-S
