Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 75548 [2011-30949]
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75548
Federal Register / Vol. 76, No. 232 / Friday, December 2, 2011 / Notices
Management and Budget, New
Executive Office Building, Room 10235,
725 17th Street NW., Washington, DC
20503.
Final approval under OMB delegated
authority of the extension for three
years, with revision, of the following
report:
Report title: Recordkeeping and
Disclosure Requirements Associated
with Loans Secured by Real Estate
Located in Flood Hazard Areas Pursuant
to Section 208.25 of Regulation H.
Agency form number: Reg H–2.
OMB control number: 7100–0280.
Frequency: Event-generated.
Reporters: State member banks.
Estimated annual reporting hours:
Notice of special flood hazards to
borrowers and servicers, 5,768 hours;
notice to FEMA of servicer, 5,768 hours;
notice to FEMA of change of servicer,
2,884 hours; notice to borrowers of
lapsed mandated flood insurance, 1,167
hours; purchase flood insurance on the
borrower’s behalf, 824 hours; notice to
borrowers of lapsed mandated flood
insurance due to remapping, 549 hours;
purchase flood insurance on the
borrower’s behalf due to remapping, 824
hours; and retention of standard FEMA
form, 14,420 hours.
Estimated average hours per response:
Notice of special flood hazards to
borrowers and servicers, 5 minutes;
notice to FEMA of servicer, 5 minutes;
notice to FEMA of change of servicer, 5
minutes; notice to borrowers of lapsed
mandated flood insurance, 5 minutes;
purchase flood insurance on the
borrower’s behalf, 15 minutes; notice to
borrowers of lapsed mandated flood
insurance due to remapping, 5 minutes;
purchase flood insurance on the
borrower’s behalf due to remapping, 15
minutes; and retention of standard
FEMA form, 2.5 minutes.
Number of respondents: 824.
General description of report: This
information collection is mandatory
pursuant to Section 12 of the Flood
Disaster Protection Act of 1973, as
amended (42 U.S.C. 4012a) and section
1364 of the National Flood Insurance
Act of 1968, as amended (42 U.S.C.
4104a). Since the Federal Reserve does
not collect any information associated
with Reg H–2, confidentiality would not
generally be an issue. However,
confidentiality issues may arise should
the records required by the Reg H–2
requirements come into possession of
the Board during an examination of a
state member bank, those records would
be protected from disclosure by
exemption 8 of the Freedom of
Information Act. (5 U.S.C. 552(b)(8)).
Abstract: Regulation H requires state
member banks to notify a borrower and
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servicer when loans secured by real
estate are determined to be in a special
flood hazard area and notify them
whether flood insurance is available;
notify FEMA of the identity of, and any
change of, the servicer of a loan secured
by real estate in a special flood hazard
area; and retain a completed copy of the
Standard Flood Hazard Determination
Form used to determine whether
property securing a loan is in a special
flood hazard area.
Current Actions: On September 19,
2011 the Federal Reserve published a
notice in the Federal Register (76 FR
58003) requesting public comment for
60 days on the extension, with revision,
of the Reg H–2 information collection.
The comment period for this notice
expired on November 18, 2011. The
Federal Reserve did not receive any
comments. The revisions will be
implemented as proposed.
Board of Governors of the Federal Reserve
System, November 29, 2011.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 2011–30991 Filed 12–1–11; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
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 shares of 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 offices 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
December 16, 2011.
A. Federal Reserve Bank of
Minneapolis (Jacqueline G. King,
Community Affairs Officer) 90
Hennepin Avenue, Minneapolis,
Minnesota 55480–0291:
1. Colleen S. Yunker Revocable Trust,
Sturgis, Michigan (trustees Jack Steele,
Wolsey, South Dakota, and Sturgis Bank
and Trust Company, Sturgis, Michigan),
to retain voting shares of Leackco Bank
Holding Company, Inc., Wolsey, South
Dakota, and thereby indirectly retain
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voting shares of American Bank & Trust,
Wessington Springs, South Dakota.
2. Eugene Joseph Welle Irrevocable
HJW Trust, Hugh J. Welle, Trustee, and
Paulette E. Welle, all of Bemidji,
Minnesota; to join the Welle Family
Shareholder Group, which controls
voting shares of First Bemidji Holding
Company, and thereby indirectly
controls voting shares of The First
National Bank of Bemidji, both in
Bemidji, Minnesota.
Board of Governors of the Federal Reserve
System, November 28, 2011.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2011–30949 Filed 12–1–11; 8:45 am]
BILLING CODE 6210–01–P
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 application 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.
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 December 27,
2011.
A. Federal Reserve Bank of Atlanta
(Chapelle Davis, Assistant Vice
President) 1000 Peachtree Street NE.,
Atlanta, Georgia 30309:
1. TGR Financial, Inc., Naples,
Florida; to become a bank holding
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[Federal Register Volume 76, Number 232 (Friday, December 2, 2011)]
[Notices]
[Page 75548]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-30949]
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FEDERAL RESERVE SYSTEM
Change in Bank Control Notices; Acquisitions of Shares of a Bank
or Bank Holding Company
The notificants listed below have applied under the Change in Bank
Control Act (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's
Regulation Y (12 CFR 225.41) to acquire shares of 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 offices 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 December 16, 2011.
A. Federal Reserve Bank of Minneapolis (Jacqueline G. King,
Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota
55480-0291:
1. Colleen S. Yunker Revocable Trust, Sturgis, Michigan (trustees
Jack Steele, Wolsey, South Dakota, and Sturgis Bank and Trust Company,
Sturgis, Michigan), to retain voting shares of Leackco Bank Holding
Company, Inc., Wolsey, South Dakota, and thereby indirectly retain
voting shares of American Bank & Trust, Wessington Springs, South
Dakota.
2. Eugene Joseph Welle Irrevocable HJW Trust, Hugh J. Welle,
Trustee, and Paulette E. Welle, all of Bemidji, Minnesota; to join the
Welle Family Shareholder Group, which controls voting shares of First
Bemidji Holding Company, and thereby indirectly controls voting shares
of The First National Bank of Bemidji, both in Bemidji, Minnesota.
Board of Governors of the Federal Reserve System, November 28,
2011.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2011-30949 Filed 12-1-11; 8:45 am]
BILLING CODE 6210-01-P
