Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 75548 [2011-30949]

Download as PDF jlentini on DSK4TPTVN1PROD with NOTICES 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 VerDate Mar<15>2010 17:03 Dec 01, 2011 Jkt 226001 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 PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 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 E:\FR\FM\02DEN1.SGM 02DEN1

Agencies

[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]


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

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