Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 4908-4909 [2014-01856]

Download as PDF 4908 Federal Register / Vol. 79, No. 20 / Thursday, January 30, 2014 / Notices continue also to conduct the MIRS, from which the data used to derive the ARM Index was obtained. The Finance Board conducted the MIRS and produced the ARM Index from 1989 through 2008, when Congress abolished that agency and transferred its responsibilities to the newly-created FHFA.2 Since 2008, FHFA has continued to conduct the MIRS and produce the ARM Index.3 By statute, MIRS data is one of the factors that FHFA is required to consider in assessing the national average one-family house price for purposes of periodically adjusting the conforming mortgage loan limits of Fannie Mae and Freddie Mac.4 In addition, statutes in several states and U.S. territories, including California, Michigan, Minnesota, New Jersey, Wisconsin, and the Virgin Islands, refer to, or rely upon, the MIRS.5 Many lenders use FHFA’s ARM Index, derived from MIRS data, to set interest rates on fixed rate loans. In addition, businesses, trade associations, and government agencies at both the federal and state level rely upon the MIRS data for various business and regulatory purposes. For example, economic policy makers have used the MIRS data to determine trends in the mortgage markets, including interest rates, down payments, terms to maturity, terms on ARMs, and initial fees and charges on mortgage loans. Other federal banking agencies, such as the Board of Governors of the Federal Reserve System and the Council of Economic Advisors, have used the MIRS results for research purposes. The OMB number for the information collection is 2590–0004, which is due to expire on March 31, 2014. The likely respondents are mortgage lenders in the United States. mstockstill on DSK4VPTVN1PROD with NOTICES B. Burden Estimate FHFA estimates the total annual number of respondents at 70 with 6 responses per respondent (because not every respondent will have new mortgage loans to report every month). The estimate for the average time per response is 20 minutes. The combined estimate for the total annual hour 2 See Housing and Economic Recovery Act of 2008 (HERA), Public Law 110–289, Div. A, Title III, § 1312, 122 Stat. 2794, codified at 12 U.S.C. 4511 note. 3 The MIRS and the ARM Index are described at 12 CFR 906.5. 4 See 12 U.S.C. 4542. 5 See, e.g., Cal. Civ. Code §§ 1916.7 and 1916.8 (mortgage rates); Mich. Comp. Laws § 445.1621(d) (mortgage index rates); Minn. Stat. § 92.06 (payments for state land sales); N.J. Rev. Stat. 31:1–1 (interest rates); Wis. Stat. § 138.056 (variable loan rates); V.I. Code Ann. tit. 11, § 951 (legal rate of interest). VerDate Mar<15>2010 18:24 Jan 29, 2014 Jkt 232001 burden is 140 hours (70 respondents × 6 responses × 0.33 hours). C. Comment Request FHFA requests written comments on the following: (1) Whether the collection of information is necessary for the proper performance of FHFA functions, including whether the information has practical utility; (2) the accuracy of FHFA’s estimates of the burdens of the collection of information; (3) ways to enhance the quality, utility, and clarity of the information collected; and (4) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology. Dated: January 23, 2014. Kevin Winkler, Chief Information Officer, Federal Housing Finance Agency. [FR Doc. 2014–01742 Filed 1–29–14; 8:45 am] BILLING CODE 8070–01–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 February 19, 2014. A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23261–4528: 1 B. Scott White and Blaine Scott White, II, both of Castlewood, Virginia, The B. Scott White Trust, the sole trustee of which is B. Scott White, and Tiffany C. White, Evergreen, Colorado; Sky Investments, LLC, Castlewood, Virginia, with its members Tiffany C. White, Blaine S. White II, and The B. Scott White Trust; SBTB, L.P., a proposed qualified family partnership, the partners of which are The B. Scott White Trust, Tiffany C. White and PO 00000 Frm 00045 Fmt 4703 Sfmt 4703 Blaine S. White, II; B. Scott White IRA and; the group acting in concert to control voting shares of New Peoples Bankshares, Inc., Honaker, Virginia, and thereby indirectly control New Peoples Bank, Inc., Honaker, Virginia. Board of Governors of the Federal Reserve System, January 27, 2014. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2014–01857 Filed 1–29–14; 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 February 26, 2014. A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23261–4528: 1. Aquesta Financial Holdings, Inc., Cornelius, North Carolina; to become a bank holding company through the acquisition of 100 percent of the voting shares of Aquesta Bank, Cornelius, North Carolina E:\FR\FM\30JAN1.SGM 30JAN1 4909 Federal Register / Vol. 79, No. 20 / Thursday, January 30, 2014 / Notices Board of Governors of the Federal Reserve System, January 27, 2014. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2014–01856 Filed 1–29–14; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Office of the Secretary [Document Identifier: HHS–OS–21354–60D] Agency Information Collection Activities; Proposed Collection; Public Comment Request HHS/Office of the National Coordinator for Health Information Technology, (ONC). ACTION: Notice. AGENCY: In compliance with section 3506(c)(2)(A) of the Paperwork Reduction Act of 1995, the Office of the Secretary (OS), Department of Health and Human Services, announces plans to submit an Information Collection Request (ICR), described below, to the Office of Management and Budget (OMB). The ICR is for extending the use of the approved information collection assigned OMB control number 0955– 0006, which expires on March 31, 2014. Prior to submitting that ICR to OMB, OS seeks comments from the public SUMMARY: regarding the burden estimate, below, or any other aspect of the ICR. DATES: Comments on the ICR must be received on or before March 31, 2014. ADDRESSES: Submit your comments to Information.CollectionClearance@ hhs.gov or by calling (202) 690–6162. FOR FURTHER INFORMATION CONTACT: Information Collection Clearance staff, Information.CollectionClearance@ hhs.gov or (202) 690–6162. SUPPLEMENTARY INFORMATION: When submitting comments or requesting information, please include the document identifier HHS–OS–21354– 60D for reference. Information Collection Request Title: ARRA Section 3013 State Health Information Exchange Cooperative Agreement Program: State Plans. OMB No.: 0955–0006. Abstract: States and QSDEs will be required to submit annual update to the State Plans reflecting updates in legal, policy, or technical infrastructure changes, as well as expanded content on sustainability and business planning for the HIE services fostered through the cooperative agreement, evaluation of the project, and alignment with other Federal programs authorized in HITECH. ONC will issue future PINs to provide additional guidance to States and QSDEs on the annual updates to Plan content areas needed. Annual updates to the plan are required oneyear from the approval date of the State Plan. Need and Proposed Use of the Information: ONC program and grants staff will use project management timelines and milestones provided in the State Plans to monitor progress to expand health information capacity within the states. The development and provision of technical assistance on state, regional and national levels will be based on the State Plans’ content. ONC intent to use the State Plans’ content to highlight best practices, identify areas in need of technical assistance, and document progress to program goals. Likely Respondents: State government or Qualified State Designated Entity. Burden Statement: Burden in this context means the time expended by persons to generate, maintain, retain, disclose or provide the information requested. This includes the time needed to review instructions, to develop, acquire, install and utilize technology and systems for the purpose of collecting, validating and verifying information, processing and maintaining information, and disclosing and providing information, to train personnel and to be able to respond to a collection of information, to search data sources, to complete and review the collection of information, and to transmit or otherwise disclose the information. The total annual burden hours estimated for this ICR are summarized in the table below. TOTAL ESTIMATED ANNUALIZED BURDEN—HOURS Number of respondents Form name Number of responses per respondent Average burden per response (in hours) Total burden hours 56 56 1 1 3341.3 500 187,113 28000 Total .......................................................................................................... mstockstill on DSK4VPTVN1PROD with NOTICES State Plans Strategic Operational ................................................................... Subsequent updates to the State Plan ........................................................... ........................ ........................ ........................ 215,113 OS specifically requests comments on (1) the necessity and utility of the proposed information collection for the proper performance of the agency’s functions, (2) the accuracy of the estimated burden, (3) ways to enhance the quality, utility, and clarity of the information to be collected, and (4) the use of automated collection techniques or other forms of information technology to minimize the information collection burden. DEPARTMENT OF HEALTH AND HUMAN SERVICES Darius Taylor, Deputy, Information Collection Clearance Officer. Centers for Disease Control and Prevention [FR Doc. 2014–01846 Filed 1–29–14; 8:45 am] [30-Day–14–14HM] BILLING CODE 4150–45–P Agency Forms Undergoing Paperwork Reduction Act Review The Centers for Disease Control and Prevention (CDC) publishes a list of information collection requests under review by the Office of Management and Budget (OMB) in compliance with the Paperwork Reduction Act (44 U.S.C. Chapter 35). To request a copy of these VerDate Mar<15>2010 18:24 Jan 29, 2014 Jkt 232001 PO 00000 Frm 00046 Fmt 4703 Sfmt 4703 E:\FR\FM\30JAN1.SGM 30JAN1

Agencies

[Federal Register Volume 79, Number 20 (Thursday, January 30, 2014)]
[Notices]
[Pages 4908-4909]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-01856]


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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 February 26, 2014.
    A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Aquesta Financial Holdings, Inc., Cornelius, North Carolina; to 
become a bank holding company through the acquisition of 100 percent of 
the voting shares of Aquesta Bank, Cornelius, North Carolina


[[Page 4909]]


    Board of Governors of the Federal Reserve System, January 27, 
2014.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2014-01856 Filed 1-29-14; 8:45 am]
BILLING CODE 6210-01-P
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