Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies, 54883 [2010-22437]
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Federal Register / Vol. 75, No. 174 / Thursday, September 9, 2010 / Notices
nation’s unmet economic development
credit needs. At the conclusion of these
processes, OHCI expects to propose for
public comment amendments to the
Community Investment Cash Advance
(CICA) Regulation (12 CFR part 952) in
late 2011. Amending the regulation will
update the regulatory standards to
reflect current community and
economic development investment
strategies and priorities, and clarify a
regulation that may be difficult to apply.
As part of the outreach and after
discussion with FHFA, six FHLBanks
(Pittsburgh, San Francisco, Atlanta,
Boston, Dallas, and Des Moines) will
host and conduct open-forum
discussions in their districts that will
consist of a cross section of FHLBank
members and end-users who will
provide comments on unmet credit
needs and their experiences with
current FHLBank economic
development products and programs.
FHFA will send two surveys
electronically to participants prior to the
open-forum discussions. The surveys
will be returned electronically to FHFA
staff. FHFA staff and the meeting
facilitators will review the survey
results to initiate discussions at the
open-forums.
In addition to the outreach meetings
at the FHLBanks, OHCI is proposing to
host an Economic Development
Conference in October 2010. This
conference will be attended by OHCI
staff, FHLBank staff and approximately
100 individuals representing economic
development organizations from all
segments of the community
development field. Participants will
discuss current and future national
economic development issues, financing
challenges, opportunities in the field,
and best practices. FHFA staff will send
four surveys electronically. At the
conference, OHCI staff will conduct
54883
concurrent open-forum discussions and
use the survey responses to initiate the
discussions. The discussions will center
on opportunities and challenges in
using FHLBank financing to fund
economic development projects and
activities that will create jobs and spur
economic growth. Information from the
discussions at the FHLBanks and at the
conference will be used to inform FHFA
how the CICA regulation may be
enhanced.
Affected Public: Private sector.
Costs: FHFA estimates that there will
be no annualized capital/start-up costs
for the respondents to collect and
submit this information.
Type of Respondents: Federal Home
Loan Bank Members, Economic
Development Organizations, Economic
and Community Development Trade
Groups, State and Local Economic
Development Authorities, and
Economists.
ANNUAL BURDEN ESTIMATES FOR RESPONDENTS
Number of
responses
per
respondent
Average
burden per
response
Total
average
burden per
response
Instrument
Number of
respondents
Survey Questions for Economic Development Organizations (For
Aug.—Sep. Open-Forum discussions).
60
(10 per each
location)
60
(10 per each
location)
25
×1
× 15 mins
= 900 mins
×1
× 15 mins
= 900 mins
×1
× 15 mins
= 375 mins
Survey Questions for State and Local Economic Development Authorities (For Oct. conference).
25
×1
× 15 mins
= 375 mins
Survey Questions for Economists (For Oct. conference) ................
25
×1
× 15 mins
= 375 mins
Survey Questions for FHLBank Member Lenders (For Oct. conference).
25
×1
× 15 mins
= 375 mins
Survey Questions for FHLBank Member Lenders (For Aug.–Sep.
Open-Forum discussions).
Survey Questions for Economic and Community Development
Trade Groups (For Oct. conference).
Dated: September 1, 2010.
Edward J. DeMarco,
Acting Director, Federal Housing Finance
Agency.
[FR Doc. 2010–22475 Filed 9–8–10; 8:45 am]
BILLING CODE 8070–01–P
mstockstill on DSKH9S0YB1PROD with NOTICES
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
VerDate Mar<15>2010
17:24 Sep 08, 2010
Jkt 220001
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 24, 2010.
A. Federal Reserve Bank of
Minneapolis, (Jacqueline G. King,
Community Affairs Officer) 90
PO 00000
Frm 00038
Fmt 4703
Sfmt 9990
Total annual
burden hours
15 hours
(900 mins/60
mins)
15 hours
(900 mins/60
mins)
6.25 hours
(375 mins/60
mins)
6.25 hours
(375 mins/60
mins)
6.25 hours
(375 mins/60
mins)
6.25 hours
(375/60
mins)
Hennepin Avenue, Minneapolis,
Minnesota 55480-0291:
1. Shawn Paul Weinand and Linda
Lou Weinand, both of Tonka Bay,
Minnesota, to acquire shares of Alliance
Bank Shares Corporation, Andover,
Minnesota, and thereby indirectly gain
shares of 1st Regents Bank, Andover,
Minnesota.
Board of Governors of the Federal Reserve
System, September 3, 2010.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2010–22437 Filed 9–8–10; 8:45 am]
BILLING CODE 6210–01–S
E:\FR\FM\09SEN1.SGM
09SEN1
]]>Agencies
[Federal Register Volume 75, Number 174 (Thursday, September 9, 2010)]
[Notices]
[Page 54883]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-22437]
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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 September 24, 2010.
A. Federal Reserve Bank of Minneapolis, (Jacqueline G. King,
Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota
55480-0291:
1. Shawn Paul Weinand and Linda Lou Weinand, both of Tonka Bay,
Minnesota, to acquire shares of Alliance Bank Shares Corporation,
Andover, Minnesota, and thereby indirectly gain shares of 1st Regents
Bank, Andover, Minnesota.
Board of Governors of the Federal Reserve System, September 3,
2010.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2010-22437 Filed 9-8-10; 8:45 am]
BILLING CODE 6210-01-S
