Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 58380 [2012-23200]

Download as PDF 58380 Federal Register / Vol. 77, No. 183 / Thursday, September 20, 2012 / Notices FEDERAL RESERVE SYSTEM GENERAL SERVICES ADMINISTRATION mstockstill on DSK4VPTVN1PROD with NOTICES Formations of, Acquisitions by, and Mergers of Bank Holding Companies [OMB Control No. 3090–0235; Docket No.2011–0016; Sequence 10] 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 will also 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 October 15, 2012. A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. Yorktown Financial Holdings, Inc., Tulsa, Oklahoma; to become a bank holding company by acquiring 100 percent of the voting shares of CNBO Bancorp, Inc., and thereby indirectly acquire Century Bank of Oklahoma, both in Pryor, Oklahoma. In connection with this application, Applicant also has applied to acquire Century Home Mortgage of Oklahoma, LLC, Tulsa, Oklahoma, and thereby indirectly engage in mortgage lending activities, pursuant to section 225.28(b)(1). Board of Governors of the Federal Reserve System, September 17, 2012. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2012–23200 Filed 9–19–12; 8:45 am] BILLING CODE 6210–01–P VerDate Mar<15>2010 16:11 Sep 19, 2012 Jkt 226001 General Services Administration Acquisition Regulation; Submission for OMB Review; Price Reductions Clause Office of Acquisition Policy, General Services Administration (GSA). ACTION: Notice of request for comments regarding an extension to an existing OMB clearance. AGENCY: Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat will be submitting to the Office of Management and Budget (OMB) a request to review and approve an extension of a previously approved information collection requirement regarding the GSAR Price Reductions Clause. A notice was published in the Federal Register at 76 FR 89141, on December 29, 2011. One respondent submitted comments. Public comments are particularly invited on: Whether this collection of information is necessary and whether it will have practical utility; whether our estimate of the public burden of this collection of information is accurate, and based on valid assumptions and methodology; ways to enhance the quality, utility, and clarity of the information to be collected. DATES: Submit comments on or before: October 22, 2012. ADDRESSES: Submit comments identified by Information Collection 3090–0235, Price Reduction Clause, by any of the following methods: • Regulations.gov: https:// www.regulations.gov. Submit comments via the Federal eRulemaking portal by searching the OMB control number. Select the link ‘‘Submit a Comment’’ that corresponds with ‘‘Information Collection 3090– 0235, Price Reduction Clause’’. Follow the instructions provided at the ‘‘Submit a Comment’’ screen. Please include your name, company name (if any), and ‘‘Information Collection 3090–0235, Price Reduction Clause’’ on your attached document. • Fax: 202–501–4067. • Mail: General Services Administration, Regulatory Secretariat (MVCB), 1275 First Street NE., Washington, DC 20417. ATTN: Hada Flowers/IC 3090–0235, Price Reduction Clause. Instructions: Please submit comments only and cite Information Collection 3090–0235, Price Reduction Clause, in SUMMARY: PO 00000 Frm 00027 Fmt 4703 Sfmt 4703 all correspondence related to this collection. All comments received will be posted without change to https:// www.regulations.gov, including any personal and/or business confidential information provided. FOR FURTHER INFORMATION CONTACT: Ms. Dana Munson, Procurement Analyst, General Services Acquisition Policy Division, GSA, (202) 357–9652 or email Dana.Munson@gsa.gov. SUPPLEMENTARY INFORMATION: A. Purpose The clause at GSAR 552.238–75, Price Reductions, used in multiple award schedule contracts ensures that the Government maintains its relationship with the contractor’s customer or category of customers, upon which the contract is predicated. The reason for the burden increase is based on the results of comments received. B. Discussion and Analysis The Coalition for Government Procurement provided comments on behalf of its members. The comments are insightful and provide a foundation on which to counter-estimate annual burden hours. The comments provided included an analysis of the practical utility of the Price Reductions Clause (PRC); the perceived limitations placed on MAS contractors in the commercial market due to the PRC; an estimate of the PRC reporting burden; and the results of the Coalition survey issued to its members on the burden hours of training, compliance systems, contract negotiations, and audit preparation. GSA appreciates the comments provided and agrees that the reporting burden was underestimated. The PRC is included in the retrospective analysis and review under Executive Order 13563, as part of GSA’s modernization effort. Using the results of the contractor survey conducted by the Coalition relative to the burden hours associated with collection of information on the PRC, GSA has reevaluated and revised the total annual burden. An analysis of the evaluation is as follows: Training—GSA believes that costs and hours allocated to training have a direct link to the size, business structure and product offerings of the company. Further, the investment of hours for design and development of a training program far exceed those aligned with conducting the training itself. We estimate that training activity for design and development of this type of training can be accomplished in approximately 80 hours, with an additional 5 hours to E:\FR\FM\20SEN1.SGM 20SEN1

Agencies

[Federal Register Volume 77, Number 183 (Thursday, September 20, 2012)]
[Notices]
[Page 58380]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-23200]



[[Page 58380]]

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

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 applications will also 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 October 15, 2012.
    A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
    1. Yorktown Financial Holdings, Inc., Tulsa, Oklahoma; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
CNBO Bancorp, Inc., and thereby indirectly acquire Century Bank of 
Oklahoma, both in Pryor, Oklahoma.
    In connection with this application, Applicant also has applied to 
acquire Century Home Mortgage of Oklahoma, LLC, Tulsa, Oklahoma, and 
thereby indirectly engage in mortgage lending activities, pursuant to 
section 225.28(b)(1).

    Board of Governors of the Federal Reserve System, September 17, 
2012.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2012-23200 Filed 9-19-12; 8:45 am]
BILLING CODE 6210-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.