Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 64338 [2012-25774]
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64338
Federal Register / Vol. 77, No. 203 / Friday, October 19, 2012 / Notices
tkelley on DSK3SPTVN1PROD with NOTICES
system. Section 7 further instructs the
FDIC to consider several factors in its
conduct of the surveys, including the
size of the unbanked market in the
United States and the cultural, language
and identification issues as well as
transaction costs that appear to most
prevent unbanked individuals from
establishing conventional accounts. To
obtain this information, the FDIC
partnered with the U.S. Census Bureau,
which administered the Household
Survey supplement (‘‘FDIC
Supplement’) to households that
participated in the January 2009 and
June 2011 CPS. The FDIC supplement
has yielded significant data on the
extent and demographic characteristics
of the population that is unbanked or
underbanked, the use by this population
of alternative financial services, and the
reasons why some households do not
make greater use of traditional banking
services. The Household Survey was the
first survey of its kind to be conducted
at the national level. An executive
summary of the results of the first and
second Household Surveys, the full
reports, and the survey instruments can
be accessed through the following link:
https://www.economicinclusion.gov/
surveys/.
Consistent with the statutory mandate
to conduct the surveys on an ongoing
basis, the FDIC already has in place
arrangements for conduct of its third
Household Survey as a supplement to
the June 2013 CPS. However, prior to
finalizing the next survey instrument,
the FDIC seeks to solicit public
comment on whether changes to the
existing instrument are desirable and, if
so, to what extent. It should be noted
that, as a supplement of the CPS survey,
the Household Survey needs to adhere
to specific parameters that include
limits in the length and sensitivity of
the questions that can be asked of CPS
respondents. Specifically, there is a
strict limitation on the number of
questions permitted and the average
time required to complete the survey (10
minutes on average).
Request for Comment
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collection; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the information collection on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
VerDate Mar<15>2010
16:06 Oct 18, 2012
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The FDIC will consider all comments
to determine the extent to which the
information collection should be
modified prior to submission to OMB
for review and approval. After the
comment period closes, comments will
be summarized and/or included in the
FDIC’s request to OMB for approval of
the collection. All comments will
become a matter of public record.
Dated at Washington, DC, this 15th day of
October, 2012.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2012–25702 Filed 10–18–12; 8:45 am]
BILLING CODE 6714–01–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
November 5, 2012.
A. Federal Reserve Bank of
Minneapolis (Jacqueline G. King,
Community Affairs Officer) 90
Hennepin Avenue, Minneapolis,
Minnesota 55480–0291:
1. The Family Trust under the Last
Will and Testament of Charles M.
Johnson, Sr., dated March 13, 2007, and
Charles M. Johnson, Jr., individually
and as trustee of the Trust, Chatfield,
Minnesota; to acquire voting shares of
Johnson Bancshares, Inc., and thereby
indirectly acquire voting shares of Root
River State Bank, both in Chatfield,
Minnesota.
2. Brooke L. Distad, Kasson,
Minnesota, and Jeffrey C. Palmer,
Mantorville, Minnesota; to acquire and
retain voting shares of Palmer
Bancshares, Inc., and thereby indirectly
retain voting shares of Kasson State
Bank, both in Kasson, Minnesota.
PO 00000
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Board of Governors of the Federal Reserve
System, October 16, 2012.
Margaret McCloskey Shanks,
Associate Secretary of the Board.
[FR Doc. 2012–25775 Filed 10–18–12; 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 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 November 15,
2012.
A. Federal Reserve Bank of Cleveland
(Nadine Wallman, Vice President) 1455
East Sixth Street, Cleveland, Ohio
44101–2566:
1. FirstMerit Corporation, Akron,
Ohio; to acquire 100 percent of the
voting shares of Citizens Republic
Bancorp, and thereby indirectly acquire
voting shares of Citizens Bank, both in
Flint, Michigan.
Board of Governors of the Federal Reserve
System, October 16, 2012.
Margaret McCloskey Shanks,
Associate Secretary of the Board.
[FR Doc. 2012–25774 Filed 10–18–12; 8:45 am]
BILLING CODE 6210–01–P
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[Federal Register Volume 77, Number 203 (Friday, October 19, 2012)]
[Notices]
[Page 64338]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-25774]
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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 November 15, 2012.
A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice
President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
1. FirstMerit Corporation, Akron, Ohio; to acquire 100 percent of
the voting shares of Citizens Republic Bancorp, and thereby indirectly
acquire voting shares of Citizens Bank, both in Flint, Michigan.
Board of Governors of the Federal Reserve System, October 16,
2012.
Margaret McCloskey Shanks,
Associate Secretary of the Board.
[FR Doc. 2012-25774 Filed 10-18-12; 8:45 am]
BILLING CODE 6210-01-P
