Notice of Proposals To Engage in Permissible Nonbanking Activities or To Acquire Companies That Are Engaged in Permissible Nonbanking Activities, 54771-54772 [2011-22484]

Download as PDF Federal Register / Vol. 76, No. 171 / Friday, September 2, 2011 / Notices mail: ccaevents@chi.frb.org; facsimile: 312/913–2626. For the San Francisco meeting: Scott Turner, Vice President and Community Affairs Officer, Federal Reserve Bank of San Francisco, 101 Market Street, Mail Stop 215, San Francisco, CA 94105. Email: scott.turner@sf.frb.org; facsimile: 415/393–1920. On July 15, 2011, Capital One Financial Corporation, McLean, Virginia (‘‘Capital One’’), requested the Board’s approval under the Bank Holding Company Act (12 U.S.C. 1841 et seq.) (‘‘BHC Act’’) and related statutes to acquire ING Bank, FSB, Wilmington, Delaware, and to indirectly acquire shares of Sharebuilder Advisors, LLC and ING Direct Investing, Inc., both of Seattle, Washington (collectively, ‘‘ING’’). The General Counsel, acting under authority delegated by the Board, hereby orders that public meetings on the Capital One/ ING proposal be held in Washington, DC; Chicago, Illinois; and San Francisco, California. SUPPLEMENTARY INFORMATION: erowe on DSK5CLS3C1PROD with NOTICES Purpose and Procedures The purpose of the public meetings is to collect information relating to the factors the Board is required to consider under the BHC Act. The Board is required to consider whether the notificant’s performance of the activities can reasonably be expected to produce benefits to the public (such as greater convenience, increased competition, and gains in efficiency) that outweigh possible adverse effects (such as undue concentration of resources, decreased or unfair competition, conflicts of interests, unsound banking practices, and risk to the stability of the United States banking or financial system). Consideration of the above factors includes an evaluation of the financial and managerial resources of the notificant, including its subsidiaries, and any company to be acquired; the effect of the proposed transaction on those resources; and the management expertise, internal control and riskmanagement systems, and capital of the entity conducting the activity. In acting on a notice to acquire a savings association, the Board also reviews the records of performance of the insured depository institutions involved in the proposal under the Community Reinvestment Act, which requires the Board to take into account a relevant institution’s record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with the safe and sound operation of the institution, VerDate Mar<15>2010 15:37 Sep 01, 2011 Jkt 223001 in evaluating such an acquisition proposal. 12 U.S.C. 2903. Procedures for Meeting Testimony at the public meetings will be presented to a panel consisting of a Presiding Officer and other panel members appointed by the Presiding Officer. The Presiding Officer will have the authority and discretion to ensure that the meetings proceed in a fair and orderly manner. In contrast to a formal administrative hearing, the rules for taking evidence in an administrative proceeding will not apply to the public meetings. Panel members may question witnesses, but no cross-examination of witnesses will be permitted. The public meetings will be transcribed, and the transcripts will be posted on the Board’s public Web site within several days after each meeting. Information regarding the procedures for obtaining a copy of the transcripts will be announced at the public meetings. The Presiding Officer will prepare a schedule for persons wishing to testify from the requests received for each meeting and establish the order of presentation. To ensure an opportunity for all interested commenters to present their views, the Presiding Officer may limit the amount of time allotted to each presentation. Persons not listed on the schedule may be permitted to speak at the public meeting, if time permits, at the conclusion of the schedule of witnesses in the discretion of the Presiding Officer. Copies of testimony may, but need not, be filed with the Presiding Officer before a person’s presentation. Request To Testify Washington, DC: All persons wishing to testify at the public meeting in Washington must submit a written request to Kimberly Zeuli, Vice President and Community Affairs Officer, Federal Reserve Bank of Richmond, 701 East Byrd Street, Richmond, Virginia 23261 (e-mail: caorichmondfed@rich.frb.org; facsimile: 804/697–5460) no later than 5 p.m. EDT, September 9, 2011. Chicago, IL: All persons wishing to testify at the public meeting in Chicago must submit a written request to Alicia Williams, Vice President, Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604 (e-mail: ccaevents@chi.frb.gov; facsimile: 312/913–2626) no later than 5 p.m. CDT, September 15, 2011. San Francisco, CA: All persons wishing to testify at the public meeting in San Francisco must submit a written request to Scott Turner, Vice President and Community Affairs Officer, Federal PO 00000 Frm 00042 Fmt 4703 Sfmt 4703 54771 Reserve Bank of San Francisco, 101 Market Street, Mail Stop 215, San Francisco, California 94105 (e-mail: scott.turner@sf.frb.org; facsimile: 415/ 393–1920) no later than 5 p.m. PDT, September 23, 2011. The request to testify must include the following information: (i) The location of the meeting the participant wishes to attend; (ii) a brief statement of the nature of the expected testimony (including whether the testimony will support or oppose the proposed transaction or provide other comment on the proposal) and the estimated time required for the presentation; (iii) the address and telephone number (e-mail address and facsimile number, if available) of the person testifying; and (iv) the identification of any special needs, such translation services, physical disabilities requiring assistance, or presentations requiring visual aids. Translators will be provided to the extent available if noted in the request to testify. Persons interested only in attending a meeting, but not testifying, need not submit a written request to attend. Board of Governors of the Federal Reserve System, August 29, 2011. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2011–22483 Filed 9–1–11; 8:45 am] 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 E:\FR\FM\02SEN1.SGM 02SEN1 54772 Federal Register / Vol. 76, No. 171 / Friday, September 2, 2011 / Notices with the standards of section 4 of the BHC Act. 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 October 12, 2011. A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice President), 701 East Byrd Street, Richmond, Virginia 23261–4528: 1. Capital One Financial Corporation, McLean, Virginia; to acquire 100 percent of the voting shares of ING Bank, FSB, Wilmington, Delaware, and indirectly acquire voting shares of Sharebuilder Advisors, LLC, and ING Direct Investing, Inc, both in Seattle, Washington, and thereby engage in operating a Federal savings bank, and investment financial advisory and securities brokerage service activities, pursuant to sections 225.28(b)(4)(ii), (b)(6)(i), and (b)(7)(i) of Regulation Y. Board of Governors of the Federal Reserve System, August 29, 2011. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2011–22484 Filed 9–1–11; 8:45 am] BILLING CODE 6210–01–P GENERAL SERVICES ADMINISTRATION Federal Management Regulation; FMR Bulletin PBS–2011–B2; Redesignations of Federal Buildings Public Buildings Service (P), General Services Administration. ACTION: Notice of a bulletin. AGENCY: The attached bulletin announces the designation and redesignation of two Federal buildings. Expiration Date: This bulletin announcement expires January 31, 2012. The building designation and redesignation remains in effect until canceled or superseded by another bulletin. U.S. General Services Administration, Public Buildings Service (P), Attn: David E. Foley, 1800 F Street, NW., Washington, DC 20405, e-mail at david.foley@gsa.gov. (202) 501–1100. FOR FURTHER INFORMATION CONTACT: erowe on DSK5CLS3C1PROD with NOTICES New Name W. Craig Broadwater Federal Building and United States Courthouse, 217 West King Street, Martinsburg, WV 25401. 4. Who should we contact for further information regarding designation and redesignation of these Federal buildings? U.S. General Services Administration, Public Buildings Service (P), Attn: David E. Foley, 1800 F Street, NW, Washington, DC 20405, telephone number: (202) 501–1100, e-mail at david.foley@gsa.gov. Dated: August 12, 2011. Martha Johnson, Administrator of General Services. Dated: August 12, 2011. Martha Johnson, Administrator of General Services. U.S. GENERAL SERVICES ADMINISTRATION REDESIGNATIONS OF FEDERAL BUILDINGS TO: Heads of Federal Agencies Jkt 223001 BILLING CODE 6820–23–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Centers for Disease Control and Prevention SUMMARY: 15:37 Sep 01, 2011 Former Name Federal Building and United States Courthouse, 217 West King Street, Martinsburg, WV 25401. [FR Doc. 2011–22519 Filed 9–1–11; 8:45 am] [FMR Bulletin PBS–2011–B2; Docket 2011– 0006; Sequence 9] VerDate Mar<15>2010 SUBJECT: Redesignations of Federal Buildings 1. What is the purpose of this bulletin? This bulletin announces the designation and redesignation of two Federal buildings. 2. When does this bulletin expire? This bulletin announcement expires January 31, 2012. The building designation and redesignation remains in effect until canceled or superseded by another bulletin. 3. Designation. The name of the designated building under construction is as follows: John M. Roll United States Courthouse 98 West First Street Yuma, AZ 85364 4. Redesignation. The former and new name of the redesignated building is follows: Notice of Intent To Award Affordable Care Act Funding, Funding Opportunity Announcement CDC– RFA–DP08–805 Centers for Disease Control and Prevention (CDC), Department of Health and Human Services (HHS). ACTION: Notice. AGENCY: This notice provides notice of CDC’s intent to fund continuation cooperative agreement applications under the Nutrition, Physical Activity, and Obesity Program. These applications have been previously received and competed in response to CDC’s Funding Opportunity CDC–RFA– DP08–805. It is the intent of CDC to provide continuation funding to sixteen (16) previously received and reviewed applications with the Patient Protection Affordable Care Act (PPACA), Section 4002, appropriations. SUMMARY: PO 00000 Frm 00043 Fmt 4703 Sfmt 4703 Recipient Reporting Requirements Under PPACA Recipients funded with PPACA appropriations will be required to report project status on an annual basis. Specific reporting requirements will be detailed in the Terms and Conditions of the Notice of Cooperative Agreement Award. CFDA Number 93.548 is the PPACA specific CFDA number for this initiative. It will replace CFDA Number 93.283 published in the above referenced Nutrition, Physical Activity, and Obesity Program Funding Opportunity Announcement (FOA). Award Information Approximate Current Fiscal Year Funding: $10,000,000. Approximate Number of Awards: 16. Approximate Average Award: $625,000. Fiscal Year Funds: FY 2011. Anticipated Award Date: September 30, 2011. Budget Period: 12 months. Project Period: 12 months. Application Selection Process: Grantees have been selected based on methodology published in the Nutrition, Physical Activity, and Obesity Program CDC–RFA–DP08–805 FOA. Applications were funded in order by score and rank determined by previously held review panel. In addition, as was referenced in the Nutrition, Physical Activity, and Obesity Program FOA, funding decisions related to awards may include a preference for states that have higher obesity prevalence rates (BRFSS, 2006). CDC will add the following Authority to that which is reflected in the published Funding Opportunity: Section 4002 of the Patient Protection and Affordable Care Act (Pub. L. 111– 148). DATES: The effective date for this action is September 2, 2011 and remains in effect until the expiration of the one (1) year project period of the PPACA funded applications. FOR FURTHER INFORMATION CONTACT: Elmira Benson, Deputy Director, Procurement and Grants Office, Centers for Disease Control and Prevention, 2920 Brandywine Road, Atlanta, GA 30341, telephone (770) 488–2802, e-mail: Elmira.Benson@cdc.gov. SUPPLEMENTARY INFORMATION: On March 23, 2010, the President signed into law the Patient Protection and Affordable Care Act (PPACA). PPACA is designed to improve and expand the scope of health care coverage for Americans. Cost savings through disease prevention is an important element of this legislation E:\FR\FM\02SEN1.SGM 02SEN1

Agencies

[Federal Register Volume 76, Number 171 (Friday, September 2, 2011)]
[Notices]
[Pages 54771-54772]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-22484]


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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 
Sec.  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

[[Page 54772]]

with the standards of section 4 of the BHC Act.
    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 October 12, 2011.
    A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice 
President), 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Capital One Financial Corporation, McLean, Virginia; to acquire 
100 percent of the voting shares of ING Bank, FSB, Wilmington, 
Delaware, and indirectly acquire voting shares of Sharebuilder 
Advisors, LLC, and ING Direct Investing, Inc, both in Seattle, 
Washington, and thereby engage in operating a Federal savings bank, and 
investment financial advisory and securities brokerage service 
activities, pursuant to sections 225.28(b)(4)(ii), (b)(6)(i), and 
(b)(7)(i) of Regulation Y.

    Board of Governors of the Federal Reserve System, August 29, 
2011.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2011-22484 Filed 9-1-11; 8:45 am]
BILLING CODE 6210-01-P
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