Appraisal Subcommittee; Rules of Operation; Amendment, 36088-36089 [2010-15320]

Download as PDF 36088 Federal Register / Vol. 75, No. 121 / Thursday, June 24, 2010 / Notices Ordering Clause 115. Accordingly, it is ordered that, pursuant to the authority contained in sections 4(i), 4(j), 10, 218, 303(b), 303(r), and 403 of the Communications Act of 1934, as amended, 47 U.S.C. 154(i), 154(j), 160, 218, 303(b), 303(r), and 403, this Notice of Inquiry is adopted. Federal Communications Commission. Marlene H. Dortch, Secretary. [FR Doc. 2010–15349 Filed 6–23–10; 8:45 am] FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL [Docket No. AS10–2] Appraisal Subcommittee; Rules of Operation; Amendment AGENCY: Appraisal Subcommittee of the Federal Financial Institutions Examination Council. ACTION: Notice of amendment to rules governing the Chairperson and Vice Chairperson of the Appraisal Subcommittee. BILLING CODE 6712–01–P The Appraisal Subcommittee (Subcommittee) of the Federal Financial Institutions Examination Council is amending the following sections: Section 3.04 of the Rules of Operation, which sets forth the term of the Chairperson and designation of a person to act in the absence of the Chairperson, as amended will define the Chairperson’s term to expire on March 31 every even-numbered year. The language to designate a person to act in the Chairperson’s absence will be deleted due to the proposed amendment for selection of a Vice Chairperson. A subsection 3.04.a will be added which sets forth the selection process of the Vice Chairperson, and describes the Vice Chairperson’s term and duties. Section 3.06 of the Rules of Operation designates the Vice Chairperson to preside over Subcommittee meetings in the Chairperson’s absence. DATES: Effective Date: Immediately. FOR FURTHER INFORMATION CONTACT: James R. Park, Executive Director, at (202) 595–7575, or Alice M. Ritter, General Counsel, at (202) 595–7577, via Internet e-mail at jim@asc.gov and alice@asc.gov, respectively, or by U.S. Mail at Appraisal Subcommittee, 1401 H Street, NW., Suite 760, Washington, DC 20005. SUPPLEMENTARY INFORMATION: The Subcommittee, on May 29, 1991, adopted Rules of Operation, which were published at 56 FR 28561 (June 21, 1991). The Rules of Operation describe, among other things, the organization of Subcommittee meetings, notice requirements for meetings, quorum requirements and certain practices regarding the disclosure of information. The Subcommittee approved by notation vote on May 5, 2010, substantive revisions to Sections 3.04 and 3.06 of the Rules of Operation to address the appointment of a Vice Chairperson for the Subcommittee. The Subcommittee is publishing new Sections 3.04, 3.04.a and 3.06 to conform with 5 U.S.C. 552(a)(1)(C), which requires the publication of SUMMARY: FEDERAL DEPOSIT INSURANCE CORPORATION emcdonald on DSK2BSOYB1PROD with NOTICES Sunshine Act Meeting Pursuant to the provisions of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b), notice is hereby given that at 10:23 a.m. on Tuesday, June 22, 2010, the Board of Directors of the Federal Deposit Insurance Corporation met in closed session to consider matters related to the Corporation’s supervision and resolution activities. In calling the meeting, the Board determined, on motion of Director Thomas J. Curry (Appointive), seconded by Vice Chairman Martin J. Gruenberg, concurred in by Director John E. Bowman (Acting Director, Office of Thrift Supervision), Director John C. Dugan (Comptroller of the Currency), and Chairman Sheila C. Bair, that Corporation business required its consideration of the matters which were to be the subject of this meeting on less than seven days’ notice to the public; that no earlier notice of the meeting was practicable; that the public interest did not require consideration of the matters in a meeting open to public observation; and that the matters could be considered in a closed meeting by authority of subsections (c)(2), (c)(4), (c)(6), (c)(8), (c)(9)(A)(ii), (c)(9)(B), and (c)(10) of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b(c)(2), (c)(4), (c)(6), (c)(8), (c)(9)(A)(ii), (c)(9)(B), and (c)(10)). The meeting was held in the Board Room of the FDIC Building located at 550–17th Street, NW., Washington, DC. Dated: June 22, 2010. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2010–15496 Filed 6–22–10; 4:15 pm] BILLING CODE P VerDate Mar<15>2010 16:47 Jun 23, 2010 Jkt 220001 PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 agency rules of operation in the Federal Register. The notice and publication requirements of 5 U.S.C. 553 do not apply to the adoption of Sections 3.04 and 3.06 because it is a ‘‘rule of agency organization, procedure, or practice’’ exempt from the public notice and comment process under 5 U.S.C. 553(b)(3)(A). Based on the foregoing, the Subcommittee adopts new Sections 3.04, 3.04.a and 3.06 of the Rules of Operation, as follows, effective immediately: Rules of Operation * * * * * Article III Members of the Subcommittee * * * * * Section 3.04. Chairperson of the Subcommittee. The Council shall elect a Chairperson of the Subcommittee. The term of office of the Chairperson shall be for a two-year term. Section 1104(a)(12 U.S.C. 3333(a)). The Chairperson’s term shall expire on March 31 every even-numbered year. The Chairperson shall carry out all duties required by the Act and these Rules and shall perform such other duties as from time to time may be assigned by the Subcommittee Section 3.04.a. Vice Chairperson of the Subcommittee. The outgoing Chairperson shall serve as the Vice Chairperson for a period of one year, with the term ending March 31. During the March meeting, the Subcommittee shall vote upon a Vice Chairperson to serve for the next one-year term, which shall coincide with the second year of the Chairperson’s two-year term. It is anticipated that the Vice Chairperson could serve as the next Chairperson, if so elected by the Council. The Vice Chairperson shall assist the Chairperson as needed, and shall act on behalf of the Subcommittee in the absence or incapacity of the Chairperson. * * * * * Section 3.06. Organization of Subcommittee Meetings. (a) The Chairperson of the Subcommittee shall preside at Subcommittee meetings. In his or her absence, the Vice Chairperson shall preside at such Subcommittee meeting. (b) The Secretary, or in the absence of the Secretary, any person designated by the Chairperson, shall draft and transmit the minutes of the meeting to each member. The Executive Director is appointed to serve as Secretary, and shall be responsible for recording the minutes, including the full text of each resolution voted on by the Subcommittee and the substance of each action voted on by the Subcommittee as E:\FR\FM\24JNN1.SGM 24JNN1 Federal Register / Vol. 75, No. 121 / Thursday, June 24, 2010 / Notices well as the vote. The Secretary will also be responsible for certifying or attesting to true copies, minutes, or other documents stating that actions were in fact taken by the Subcommittee. The Secretary will also be responsible for maintaining and preserving at a single place, available for inspection at reasonable times by any member of the Subcommittee or any person designated by any member, the complete minutes of the proceedings of the Subcommittee. The Executive Director may delegate the ministerial duties of Secretary to Subcommittee staff. (c) Regular meetings of the Subcommittee shall be held in Washington, DC, at a location designated by the Chairperson, or in such other place as the Subcommittee may designate. Special meetings shall be held in such place and at such location as designated by the calling party or parties. (d) Regular meetings of the Subcommittee shall be held at least monthly at the call of the Chairperson. Special meetings shall be held as provided in section 3.07(b) below. * * * * * By the Appraisal Subcommittee, June 16, 2010. Deborah S. Merkle, Chairman. [FR Doc. 2010–15320 Filed 6–23–10; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM emcdonald on DSK2BSOYB1PROD with NOTICES 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 July 9, 2010. A. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President) 2200 North Pearl Street, Dallas, Texas 75201– 2272: VerDate Mar<15>2010 16:47 Jun 23, 2010 Jkt 220001 1. Richard Earl Williams, Jr., Cameron, Texas, individually and as Trustee of the Richard E. Williams Exempt Trust; Debora Evans, Belton, Texas, individually and as Trustee of the Debora Evans Exempt Trust; Richard Earl Williams, Jr. and Debora Evans as co–Trustees of (i) the Williams Family Exempt Trust, (ii) the Victoria Grace Williams Special Trust, (iii) the Thomas Joseph Evans 2002 Trust and (iv) the Elizabeth Ashton Williams 2002 Trust, all of Cameron, Texas; and Richard E. Williams, Jr., Debora Evans and the above named trusts, collectively (the ‘‘Williams Family Group’’), to retain voting shares of Cameron Financial Corporation and thereby indirectly retain voting shares of Classic Bank, N.A., both of Cameron, Texas. 36089 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 July 19, 2010. A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice President) 1455 East Sixth Street, Cleveland, Ohio 44101–2566: 1. Standard Financial Corp., Murrysville, Pennsylvania; to become a bank holding company by acquiring 100 percent of the voting shares of Standard Bank, PaSB, Murrysville, Pennsylvania. Board of Governors of the Federal Reserve System, June 21, 2010. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2010–15284 Filed 6–23–10; 8:45 am] Board of Governors of the Federal Reserve System, June 21, 2010. Robert deV. Frierson, Deputy Secretary of the Board. BILLING CODE 6210–01–S [FR Doc. 2010–15283 Filed 6–23–10; 8:45 am] [OP–1385] BILLING CODE 6210–01–S Payment System Risk Policy; Daylight Overdraft Posting Rules FEDERAL RESERVE SYSTEM AGENCY: Board of Governors of the Federal Reserve System. ACTION: Announcement. 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/. PO 00000 Frm 00032 Fmt 4703 Sfmt 4703 FEDERAL RESERVE SYSTEM SUMMARY: As part of its Payment System Risk Policy, the Board is announcing posting rules for a new same-day automated clearing house (ACH) service. The Reserve Banks’ FedACH SameDay service, which will include certain debit transactions, will be available only to customers who elect to participate. DATES: Effective Date: August 2, 2010. FOR FURTHER INFORMATION CONTACT: Susan Foley, Deputy Associate Director (202–452–3596), Holly Kirkpatrick, Senior Financial Services Analyst, Payment System Risk (202–452–2796), or Jennifer Davidson, Senior Financial Services Analyst, Retail Payments (202– 452–2446), Division of Reserve Bank Operations and Payment Systems, Board of Governors of the Federal Reserve System; for users of Telecommunications Device for the Deaf (‘‘TDD’’) only, contact (202) 263–4869. SUPPLEMENTARY INFORMATION: I. Background The Reserve Banks will be offering an opt-in, same-day settlement service for certain ACH debit payments through the FedACH service effective August 2, 2010.1 FedACH customers may opt-in to 1 For additional information on the FedACH SameDay service, please contact your Federal Reserve Account Executive or visit https:// www.frbservices.org. E:\FR\FM\24JNN1.SGM 24JNN1

Agencies

[Federal Register Volume 75, Number 121 (Thursday, June 24, 2010)]
[Notices]
[Pages 36088-36089]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-15320]


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FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL

[Docket No. AS10-2]


Appraisal Subcommittee; Rules of Operation; Amendment

AGENCY: Appraisal Subcommittee of the Federal Financial Institutions 
Examination Council.

ACTION: Notice of amendment to rules governing the Chairperson and Vice 
Chairperson of the Appraisal Subcommittee.

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

SUMMARY: The Appraisal Subcommittee (Subcommittee) of the Federal 
Financial Institutions Examination Council is amending the following 
sections:
    Section 3.04 of the Rules of Operation, which sets forth the term 
of the Chairperson and designation of a person to act in the absence of 
the Chairperson, as amended will define the Chairperson's term to 
expire on March 31 every even-numbered year. The language to designate 
a person to act in the Chairperson's absence will be deleted due to the 
proposed amendment for selection of a Vice Chairperson. A subsection 
3.04.a will be added which sets forth the selection process of the Vice 
Chairperson, and describes the Vice Chairperson's term and duties.
    Section 3.06 of the Rules of Operation designates the Vice 
Chairperson to preside over Subcommittee meetings in the Chairperson's 
absence.

DATES: Effective Date: Immediately.

FOR FURTHER INFORMATION CONTACT: James R. Park, Executive Director, at 
(202) 595-7575, or Alice M. Ritter, General Counsel, at (202) 595-7577, 
via Internet e-mail at jim@asc.gov and alice@asc.gov, respectively, or 
by U.S. Mail at Appraisal Subcommittee, 1401 H Street, NW., Suite 760, 
Washington, DC 20005.

SUPPLEMENTARY INFORMATION: The Subcommittee, on May 29, 1991, adopted 
Rules of Operation, which were published at 56 FR 28561 (June 21, 
1991). The Rules of Operation describe, among other things, the 
organization of Subcommittee meetings, notice requirements for 
meetings, quorum requirements and certain practices regarding the 
disclosure of information. The Subcommittee approved by notation vote 
on May 5, 2010, substantive revisions to Sections 3.04 and 3.06 of the 
Rules of Operation to address the appointment of a Vice Chairperson for 
the Subcommittee.
    The Subcommittee is publishing new Sections 3.04, 3.04.a and 3.06 
to conform with 5 U.S.C. 552(a)(1)(C), which requires the publication 
of agency rules of operation in the Federal Register. The notice and 
publication requirements of 5 U.S.C. 553 do not apply to the adoption 
of Sections 3.04 and 3.06 because it is a ``rule of agency 
organization, procedure, or practice'' exempt from the public notice 
and comment process under 5 U.S.C. 553(b)(3)(A).
    Based on the foregoing, the Subcommittee adopts new Sections 3.04, 
3.04.a and 3.06 of the Rules of Operation, as follows, effective 
immediately:

Rules of Operation

* * * * *

Article III Members of the Subcommittee

* * * * *
    Section 3.04. Chairperson of the Subcommittee. The Council shall 
elect a Chairperson of the Subcommittee. The term of office of the 
Chairperson shall be for a two-year term. Section 1104(a)(12 U.S.C. 
3333(a)). The Chairperson's term shall expire on March 31 every even-
numbered year. The Chairperson shall carry out all duties required by 
the Act and these Rules and shall perform such other duties as from 
time to time may be assigned by the Subcommittee
    Section 3.04.a. Vice Chairperson of the Subcommittee. The outgoing 
Chairperson shall serve as the Vice Chairperson for a period of one 
year, with the term ending March 31. During the March meeting, the 
Subcommittee shall vote upon a Vice Chairperson to serve for the next 
one-year term, which shall coincide with the second year of the 
Chairperson's two-year term. It is anticipated that the Vice 
Chairperson could serve as the next Chairperson, if so elected by the 
Council. The Vice Chairperson shall assist the Chairperson as needed, 
and shall act on behalf of the Subcommittee in the absence or 
incapacity of the Chairperson.
* * * * *
    Section 3.06. Organization of Subcommittee Meetings.
    (a) The Chairperson of the Subcommittee shall preside at 
Subcommittee meetings. In his or her absence, the Vice Chairperson 
shall preside at such Subcommittee meeting.
    (b) The Secretary, or in the absence of the Secretary, any person 
designated by the Chairperson, shall draft and transmit the minutes of 
the meeting to each member. The Executive Director is appointed to 
serve as Secretary, and shall be responsible for recording the minutes, 
including the full text of each resolution voted on by the Subcommittee 
and the substance of each action voted on by the Subcommittee as

[[Page 36089]]

well as the vote. The Secretary will also be responsible for certifying 
or attesting to true copies, minutes, or other documents stating that 
actions were in fact taken by the Subcommittee. The Secretary will also 
be responsible for maintaining and preserving at a single place, 
available for inspection at reasonable times by any member of the 
Subcommittee or any person designated by any member, the complete 
minutes of the proceedings of the Subcommittee. The Executive Director 
may delegate the ministerial duties of Secretary to Subcommittee staff.
    (c) Regular meetings of the Subcommittee shall be held in 
Washington, DC, at a location designated by the Chairperson, or in such 
other place as the Subcommittee may designate. Special meetings shall 
be held in such place and at such location as designated by the calling 
party or parties.
    (d) Regular meetings of the Subcommittee shall be held at least 
monthly at the call of the Chairperson. Special meetings shall be held 
as provided in section 3.07(b) below.
* * * * *

    By the Appraisal Subcommittee,
    June 16, 2010.
Deborah S. Merkle,
Chairman.
[FR Doc. 2010-15320 Filed 6-23-10; 8:45 am]
BILLING CODE P
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