Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 41701 [E9-19742]
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Federal Register / Vol. 74, No. 158 / Tuesday, August 18, 2009 / Notices
of 1977 (CRA), 12 U.S.C. 2901, et seq.,
and record of lending to first-time
homebuyers. 12 U.S.C. 1430(g)(2). 12
CFR part 944 implements section 10(g)
of the Bank Act. See 12 CFR part 944.
The rule provides uniform community
support standards all Bank members
must meet and review criteria FHFA
staff must apply to determine
compliance with section 10(g). More
specifically, § 944.2 of the rule (12 CFR
944.2) implements the statutory
community support requirement and
requires each member selected for
review to submit a completed
Community Support Statement Form to
the FHFA. The community support
standards for the two statutory factors
are found in § 944.3 (12 CFR 944.3)—
CRA and first-time homebuyer
performance—this provision also
provides guidance to a respondent on
how it may satisfy the standards . The
procedures and criteria FHFA uses in
determining whether Bank members
satisfy the statutory and regulatory
community support requirements are
found in §§ 944.4 and 944.5 (12 CFR
944.4 through 944.5)
The information collection contained
in the Community Support Statement
Form and §§ 944.2 through 944.5 of the
rule are necessary to enable and are
used by the FHFA to determine whether
Bank members satisfy the statutory and
regulatory community support
requirements. Only Bank members that
meet these requirements may maintain
continued access to long-term Bank
advances. See 12 U.S.C. 1430(g).
The OMB number for the information
collection is 2590–0005. The OMB
clearance for the information collection
expires on September 30, 2009. The
likely respondents are institutions that
are Bank members.
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B. Burden Estimate
The FHFA estimates the total annual
average number of respondents at 4100
Bank members, with 1 response per
member. The estimate for the average
hours per response is one hour. The
estimate for the total annual hour
burden is 4100 hours (4100 members ×
1 response per member × 1 hour).
C. Comment Request
The FHFA requests written comments
on the following: (1) Whether the
collection of information is necessary
for the proper performance of FHFA
functions, including whether the
information has practical utility; (2) The
accuracy of the FHFA estimates of the
burdens of the collection of information;
(3) Ways to enhance the quality, utility
and clarity of the information collected;
and (4) Ways to minimize the burden of
VerDate Nov<24>2008
16:30 Aug 17, 2009
Jkt 217001
the collection of information, including
through the use of automated collection
techniques or other forms of information
technology.
Dated: August 13, 2009.
James B. Lockhart III,
Director, Federal Housing Finance Agency.
[FR Doc. E9–19776 Filed 8–17–09; 8:45 am]
BILLING CODE 8070–01–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
September 2, 2009.
A. Federal Reserve Bank of San
Francisco (Kenneth Binning, Vice
President, Applications and
Enforcement) 101 Market Street, San
Francisco, California 94105–1579:
1. Alan Isaac Rothenberg, Beverly
Hills, California; to acquire at least 10
percent of the voting shares of 1st
Century Bancshares, Inc., and thereby
indirectly acquire voting shares of 1st
Century Bank, N.A., both of Los
Angeles, California.
Board of Governors of the Federal Reserve
System, August 13, 2009.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E9–19743 Filed 8–17–09; 8:45 am]
41701
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 11,
2009.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. Artisan Financial Corporation,
Barrington, Illinois; to become a bank
holding company by acquiring 100
percent of the voting shares of Valley
Community Bancorp, Inc., and thereby
indirectly acquire voting shares of
Valley Community Bank, both of St.
Charles, Illinois.
Board of Governors of the Federal Reserve
System, August 13, 2009.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E9–19742 Filed 8–17–09; 8:45 am]
BILLING CODE 6210–01–S
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
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DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Office of the Secretary
Delegations of Authority
Notice is hereby given that I have
delegated to the National Coordinator
for Health Information Technology
(National Coordinator) the authority
vested in the Secretary under Title XXX
of the Public Health Service Act (42
U.S.C. 201 et seq.), as amended, to
E:\FR\FM\18AUN1.SGM
18AUN1
]]>Agencies
[Federal Register Volume 74, Number 158 (Tuesday, August 18, 2009)]
[Notices]
[Page 41701]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-19742]
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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 September 11, 2009.
A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
1. Artisan Financial Corporation, Barrington, Illinois; to become a
bank holding company by acquiring 100 percent of the voting shares of
Valley Community Bancorp, Inc., and thereby indirectly acquire voting
shares of Valley Community Bank, both of St. Charles, Illinois.
Board of Governors of the Federal Reserve System, August 13,
2009.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E9-19742 Filed 8-17-09; 8:45 am]
BILLING CODE 6210-01-S
