Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 25748-25749 [E9-12545]

Download as PDF 25748 Federal Register / Vol. 74, No. 102 / Friday, May 29, 2009 / Notices [FR Doc. E9–12400 Filed 5–28–09; 8:45 am] BILLING CODE C 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 June 15, 2009. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. Charles A. Adams, individually, Holly A. Bailey; Howell Paving, Inc.; and Howell–Adams Foundation, all of Mattoon, Illinois; as a group acting in concert, to acquire voting shares of First Mid Illinois Bancshares, Inc., and thereby indirectly acquire voting shares of First Mid Illinois Bank & Trust, National Association, both of Mattoon, Illinois. Board of Governors of the Federal Reserve System, May 26, 2009. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E9–12544 Filed 5–28–09; 8:45 am] BILLING CODE 6210–01–S mstockstill on PROD1PC66 with NOTICES Federal Open Market Committee; Domestic Policy Directive of April 28 and 29, 2009 BILLING CODE 6210–01–S In accordance with § 271.25 of its rules regarding availability of information (12 CFR part 271), there is set forth below the domestic policy directive issued by the Federal Open Market Committee at its meeting held on April 28 and 29, 2009.1 1 Copies of the Minutes of the Federal Open Market Committee at its meeting held on April 28 and 29, 2009, which includes the domestic policy directive issued at the meeting, are available upon 17:24 May 28, 2009 Jkt 217001 By order of the Federal Open Market Committee, May 21, 2009. Brian F. Madigan, Secretary, Federal Open Market Committee. [FR Doc. E9–12478 Filed 5–28–09; 8:45 am] FEDERAL RESERVE SYSTEM VerDate Nov<24>2008 The Federal Open Market Committee seeks monetary and financial conditions that will foster price stability and promote sustainable growth in output. To further its long–run objectives, the Committee seeks conditions in reserve markets consistent with federal funds trading in a range of 0 to 1⁄4 percent. The Committee directs the Desk to purchase GSE debt GSE–guaranteed MBS, and longer–term Treasury securities during the intermeeting period with the aim of providing support to private credit markets and economic activity. The timing and pace of these purchases should depend on conditions in the markets for such securities and on a broader assessment of private credit market conditions. The Committee anticipates that the combination of outright purchases and various liquidity facilities outstanding will cause the size of the Federal Reserve’s balance sheet to expand significantly in coming months. The Desk is expected to purchase up to $200 billion in housing–related GSE debt by the end of this year. The Desk is expected to purchase at least $500 billion in GSE–guaranteed MBS by the end of the second quarter of this year and is expected to purchase up to $1.25 trillion of these securities by the end of this year. The Committee also directs the Desk to purchase longer–term Treasury securities during the intermeeting period. Over the next six months, the Desk is expected to purchase up to $300 billion of longer– term Treasury securities. The System Open Market Account Manager and the Secretary will keep the Committee informed of ongoing developments regarding the System’s balance sheet that could affect the attainment over time of the Committee’s objectives of maximum employment and price stability. 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 request to the Board of Governors of the Federal Reserve System, Washington, D.C. 20551. The minutes are published in the Federal Reserve Bulletin and in the Board’s annual report. PO 00000 Frm 00052 Fmt 4703 Sfmt 4703 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 June 25, 2009. A. Federal Reserve Bank of Kansas City (Todd Offenbacker, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, Forgers and Helpers, Kansas City, Kansas; to acquire up to 51 percent of the voting shares of Brotherhood Bancshares, Inc., and thereby indirectly acquire voting shares of The Brotherhood Bank & Trust Company, both in Kansas City, Kansas. B. Federal Reserve Bank of San Francisco (Kenneth Binning, Vice President, Applications and Enforcement) 101 Market Street, San Francisco, California 94105–1579: 1. Franklin Resources, Inc., San Mateo, California; to acquire 9.90 percent of the voting shares of Black River BancVenture, Inc., Memphis, Tennessee, and thereby indirectly acquire voting shares of Allegiance Bank of North America, Bala Cynwyd, Pennsylvania; Bay Commercial Bank, Walnut Creek, California; Community Shores Bank, Muskegon, Michigan; Cornerstone Bank, Moorestown, New Jersey; Lakeside Community Bank, Sterling Heights, Michigan; and Quaint E:\FR\FM\29MYN1.SGM 29MYN1 Federal Register / Vol. 74, No. 102 / Friday, May 29, 2009 / Notices Oak Bank, Southhampton, Pennsylvania. Board of Governors of the Federal Reserve System, May 26, 2009. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc.E9–12545 Filed 5–28–09; 8:45 am] BILLING CODE 6210–01–S FEDERAL RESERVE SYSTEM mstockstill on PROD1PC66 with NOTICES Consumer Advisory Council; Notice of Meeting of the Consumer Advisory Council The Consumer Advisory Council will meet on Thursday, June 18, 2009. The meeting, which will be open to public observation, will take place at the Federal Reserve Board’s offices in Washington, DC, in Dining Room E on the Terrace Level of the Martin Building. Anyone planning to attend the meeting should, for security purposes, register no later than Tuesday, June 16, by completing the form found online at: https://www.federalreserve.gov/secure/ forms/cacregistration.cfm. Additionally, attendees must present photo identification to enter the building. The meeting will begin at 9 a.m. and is expected to conclude at 12:30 p.m. The Martin Building is located on C Street, NW., between 20th and 21st Streets. The Council’s function is to advise the Board on the exercise of the Board’s responsibilities under various consumer financial services laws and on other matters on which the Board seeks its advice. Time permitting, the Council will discuss the following topics: • The Community Reinvestment Act Members will discuss the future of the Community Reinvestment Act, including possible changes in light of developments in the financial services industry. • Credit scoring Members will discuss various issues related to credit scoring, including the impact of changes in the credit environment on scores. • Neighborhood and community stabilization Members will discuss strategies and challenges in the effort to stabilize communities affected by foreclosures, including the implementation of the Neighborhood Stabilization Program. • Foreclosure prevention Members will discuss loss-mitigation efforts, the performance of modified mortgages, and other issues related to foreclosures. VerDate Nov<24>2008 17:24 May 28, 2009 Jkt 217001 Reports by committees and other matters initiated by Council members also may be discussed. Persons wishing to submit views to the Council on any of the above topics may do so by sending written statements to Jennifer Kerslake, Secretary of the Consumer Advisory Council, Division of Consumer and Community Affairs, Board of Governors of the Federal Reserve System, Washington, DC 20551. Information about this meeting may be obtained from Ms. Kerslake, 202–452–6470. Board of Governors of the Federal Reserve System, May 26, 2009. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E9–12516 Filed 5–28–09; 8:45 am] 25749 1. The Bancorp, Inc., Wilmington, Delaware; to acquire American Home Bank, Chicago, Illinois, and thereby engage in operating a savings association, pursuant to section 225.28(b)(4)(ii) of Regulation Y. Board of Governors of the Federal Reserve System, May 26, 2009. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E9–12543 Filed 5–28–09; 8:45 am] BILLING CODE 6210–01–S DEPARTMENT OF DEFENSE GENERAL SERVICES ADMINISTRATION BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM 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 June 25, 2009. A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105– 1521: PO 00000 Frm 00053 Fmt 4703 Sfmt 4703 NATIONAL AERONAUTICS AND SPACE ADMINISTRATION [OMB Control No. 9000–0083] Federal Acquisition Regulation; Information Collection; Qualification Requirements AGENCIES: Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA). ACTION: Notice of reinstatement request for an information collection requirement regarding an existing OMB clearance. SUMMARY: Under the provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), the Federal Acquisition Regulation, Regulatory Secretariat (VPR) will be submitting to the Office of Management and Budget (OMB) a request to reinstate a previously approved information collection requirement concerning Qualification Requirements. Public comments are particularly invited on: Whether this collection of information is necessary; whether it will have practical utility; whether our estimate of the public burden of this collection of information is accurate, and based on valid assumptions and methodology; ways to enhance the quality, utility, and clarity of the information to be collected; and ways in which we can minimize the burden of the collection of information on those who are to respond, through the use of appropriate technological collection techniques or other forms of information technology. DATES: Submit comments on or before July 28, 2009. ADDRESSES: Submit comments regarding this burden estimate or any other aspect of this collection of information, E:\FR\FM\29MYN1.SGM 29MYN1

Agencies

[Federal Register Volume 74, Number 102 (Friday, May 29, 2009)]
[Notices]
[Pages 25748-25749]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-12545]


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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 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 June 25, 2009.
    A. Federal Reserve Bank of Kansas City (Todd Offenbacker, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
    1. International Brotherhood of Boilermakers, Iron Ship Builders, 
Blacksmiths, Forgers and Helpers, Kansas City, Kansas; to acquire up to 
51 percent of the voting shares of Brotherhood Bancshares, Inc., and 
thereby indirectly acquire voting shares of The Brotherhood Bank & 
Trust Company, both in Kansas City, Kansas.
    B. Federal Reserve Bank of San Francisco (Kenneth Binning, Vice 
President, Applications and Enforcement) 101 Market Street, San 
Francisco, California 94105-1579:
    1. Franklin Resources, Inc., San Mateo, California; to acquire 9.90 
percent of the voting shares of Black River BancVenture, Inc., Memphis, 
Tennessee, and thereby indirectly acquire voting shares of Allegiance 
Bank of North America, Bala Cynwyd, Pennsylvania; Bay Commercial Bank, 
Walnut Creek, California; Community Shores Bank, Muskegon, Michigan; 
Cornerstone Bank, Moorestown, New Jersey; Lakeside Community Bank, 
Sterling Heights, Michigan; and Quaint

[[Page 25749]]

Oak Bank, Southhampton, Pennsylvania.

    Board of Governors of the Federal Reserve System, May 26, 2009.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc.E9-12545 Filed 5-28-09; 8:45 am]
BILLING CODE 6210-01-S