Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 18028 [2014-07076]

Download as PDF 18028 Federal Register / Vol. 79, No. 61 / Monday, March 31, 2014 / Notices FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL [Docket No. AS14–03] Meeting of the Appraisal Subcommittee Advisory Committee for Development of Regulations Appraisal Subcommittee of the Federal Financial Institutions Examination Council. ACTION: Notice of open meeting. AGENCY: The Appraisal Subcommittee Advisory Committee for Development of Regulations (ASCAC or Committee) will meet in open session on Wednesday, April 16, 2014 from 9:00 a.m. to 5:00 p.m. and Thursday, April 17, 2014 from 9:00 a.m. to 1:00 p.m. All times are in the Eastern time zone. The primary purposes of this meeting are to approve the ASCAC Bylaws, set Committee objectives and priorities, discuss the reporting timeline for reporting to the Appraisal Subcommittee (ASC), and potential sanctions. The final agenda will be posted on the ASC Web site at https://www.asc.gov. DATES: ASCAC will meet on Wednesday, April 16, 2014 from 9:00 a.m. to 5:00 p.m. and Thursday, April 17, 2014 from 9:00 a.m. to 1:00 p.m. All times are in the Eastern time zone. The meeting will be open to the public. ADDRESSES: The meeting will be held at the Office of the Comptroller of the Currency, 400 7th Street SW., Washington, DC 20219. Please note admittance instructions under the SUPPLEMENTARY INFORMATION section of this notice. FOR FURTHER INFORMATION CONTACT: Ms. Lori Schuster, Designated Federal Officer, Appraisal Subcommittee, 1401 H Street NW., Suite 760, Washington, DC 20005; telephone 202–595–7578; or via email at Lori@asc.gov. SUPPLEMENTARY INFORMATION: Background: The Committee was established in accordance with the Federal Advisory Committee Act, as amended, 5. U.S.C. App. The Committee is composed of seventeen members nominated by the ASC Executive Director and approved by the Chairman of the ASC in consultation with ASC members. ASCAC members will represent a balance of expertise across the broad range of industry participants, including appraisers, lenders, consumer advocates, real estate agents, and government agencies. All ASCAC members will have extensive experience concerning the appraiser regulatory framework for federally related transactions. tkelley on DSK3SPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 18:10 Mar 28, 2014 Jkt 232001 The ASC oversees the real estate appraisal process as it relates to federally related transactions as defined in Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989. The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act included amendments to Title XI and expanded the ASC’s authority to include rulemaking authority in four areas: (1) Temporary practice; (2) national registries; (3) information sharing; and (4) enforcement. The ASC is primarily seeking independent advice from ASCAC concerning sanctions ASCAC deems advisable for purposes of enforcement of regulations promulgated by the ASC to State appraiser regulatory programs. Procedures for Attendance and Public Comment: Persons wishing to attend the meeting must notify Ms. Lori Schuster via email at Lori@asc.gov or phone at (202) 595–7578 by 5:00 p.m. Eastern time, Monday, April 14, 2014, in order to attend. As the meeting will be held at the OCC, attendees must have a valid government-issued photo ID and must agree to submit to reasonable security measures. Please allow ample time for security screening. There will be a public comment period, not to exceed thirty minutes, the morning of April 16, 2014. The public comment period is not intended to be a Q&A session. To register to comment, please contact Ms. Lori Schuster at Lori@asc.gov or 202–595–7578. Registered speakers/organizations will be allowed a maximum of 5 minutes each and will need to provide written copies of their presentations. Requests to comment at the meeting must be received by 5:00 p.m. Eastern time on April 10, 2014. Written comments also may be provided to Ms. Lori Schuster at Lori@asc.gov until 5:00 p.m. Eastern time, Thursday, April 10, 2014. 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 April 23, 2014. A. Federal Reserve Bank of St. Louis (Yvonne Sparks, Community Development Officer) P.O. Box 442, St. Louis, Missouri 63166–2034: 1. Jamesmark Bancshares, Inc., Springfield, Missouri; to acquire 80 percent or more of the voting shares of Bank of Ash Grove, Ash Grove, Missouri. 2. United Holding Company Inc., Springdale, Arkansas; to become a bank holding company by converting its subsidiary bank, United Bank, Springdale, Arkansas, from a federal savings bank to a state-charted bank. Board of Governors of the Federal Reserve System, March 26, 2014. Michael J. Lewandowski, Assistant Secretary of the Board. Dated: March 25, 2014. James R. Park, Executive Director. [FR Doc. 2014–07076 Filed 3–28–14; 8:45 am] [FR Doc. 2014–07071 Filed 3–28–14; 8:45 am] FEDERAL RESERVE SYSTEM BILLING CODE 6210–01–P BILLING CODE 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 PO 00000 Frm 00025 Fmt 4703 Sfmt 4703 Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies The companies listed in this notice have applied to the Board for approval, pursuant to the Home Owners’ Loan Act (12 U.S.C. 1461 et seq.) (HOLA), Regulation LL (12 CFR part 238), and Regulation MM (12 CFR part 239), and all other applicable statutes and regulations to become a savings and loan holding company and/or to acquire the assets or the ownership of, control E:\FR\FM\31MRN1.SGM 31MRN1

Agencies

[Federal Register Volume 79, Number 61 (Monday, March 31, 2014)]
[Notices]
[Page 18028]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-07076]


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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 April 23, 2014.
    A. Federal Reserve Bank of St. Louis (Yvonne Sparks, Community 
Development Officer) P.O. Box 442, St. Louis, Missouri 63166-2034:
    1. Jamesmark Bancshares, Inc., Springfield, Missouri; to acquire 80 
percent or more of the voting shares of Bank of Ash Grove, Ash Grove, 
Missouri.
    2. United Holding Company Inc., Springdale, Arkansas; to become a 
bank holding company by converting its subsidiary bank, United Bank, 
Springdale, Arkansas, from a federal savings bank to a state-charted 
bank.

    Board of Governors of the Federal Reserve System, March 26, 
2014.
Michael J. Lewandowski,
Assistant Secretary of the Board.
[FR Doc. 2014-07076 Filed 3-28-14; 8:45 am]
BILLING CODE 6210-01-P
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