Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities, 71785-71786 [2014-28434]

Download as PDF Federal Register / Vol. 79, No. 232 / Wednesday, December 3, 2014 / Notices shall file each of the reports in accordance with the timelines set forth in the applicable instructions to each reporting form. 3. GECC shall submit its first FR Y–14A report on April 5, 2016, in connection with its first submission under the capital plan rule (12 CFR 225.8). 4. GECC shall submit its first FR Y–14Q and FR Y–14M reports one calendar year before the as of date of its first supervisory and company-run stress test under the Board’s stress testing requirements under Regulation YY (12 CFR part 252, subparts E and F). 5. The Board intends to confer with GECC to determine whether GECC should modify any reporting schedules that may not be necessary for GECC to provide, based on its profile, structure, activities, risks, or other characteristics. By order of the Board of Governors of the Federal Reserve System, November 25, 2014. Robert deV. Frierson, Secretary of the Board. acquire voting shares of HomeBank, both in Palmyra, Missouri. B. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. The Virgil A. Lair and Mary A. Lair Irrevocable Trust dated August 15, 2013, Chanute, Kansas; Gregory D. Lair, Piqua, Kansas; Casey A. Lair, Neodesha, Kansas; Mark T. Lair, Chanute, Kansas; and Jill A. Aylward, Chanute, Kansas; all individually and as trustees; to retain voting shares of Southeast Bancshares, Inc., and thereby indirectly retain voting shares of Bank of Commerce, both in Chanute, Kansas; Chetopa State Bank & Trust Company, Chetopa, Kansas; and First Neodesha Bank, Neodesha, Kansas. Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies tkelley on DSK3SPTVN1PROD with NOTICES 18:42 Dec 02, 2014 Jkt 235001 [FR Doc. 2014–28435 Filed 12–2–14; 8:45 am] [FR Doc. 2014–28433 Filed 12–2–14; 8:45 am] FEDERAL RESERVE SYSTEM VerDate Sep<11>2014 Board of Governors of the Federal Reserve System, November 28, 2014. Margaret McCloskey Shanks, Deputy Secretary of the Board. BILLING CODE 6210–01–P BILLING CODE 6210–01–P 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 15, 2014. A. Federal Reserve Bank of St. Louis (Yvonne Sparks, Community Development Officer) P.O. Box 442, St. Louis, Missouri 63166–2034: 1. Byron B. Webb, III, Emden, Missouri, as Trustee of the Byron B. Webb, III Separate Property Trust, dated April 26, 2004, and Victoria Webb Sack, Del Mar, California, as Trustee of the Victoria Webb Sack Separate Property Recoverable Stock Trust, dated June 12, 2008; to acquire voting shares of Byron B. Webb, Inc., and thereby indirectly Governors not later than December 26, 2014. A. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. HF Financial Corp., Sioux Falls, South Dakota; to become a bank holding company by converting its whollyowned subsidiary Home Federal Bank, Sioux Falls, South Dakota, from a federal savings bank to a South Dakota state-chartered bank. Board of Governors of the Federal Reserve System, November 28, 2014. Margaret McCloskey Shanks, Deputy Secretary of the Board. [FR Doc. 2014–28414 Filed 12–2–14; 8:45 am] Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company 71785 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 PO 00000 Frm 00046 Fmt 4703 Sfmt 4703 FEDERAL RESERVE SYSTEM The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States. Each notice is available for inspection at the Federal Reserve Bank indicated. The notice also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act. Unless otherwise noted, comments regarding the applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than December 15, 2014. A. Federal Reserve Bank of San Francisco (Gerald C. Tsai, Director, Applications and Enforcement) 101 Market Street, San Francisco, California 94105–1579: 1. First Financial Northwest, Inc. (‘‘FFNW’’), to engage de novo though its subsidiary, First Financial Diversified Corporation, both of Renton, Washington, in extending, acquiring, E:\FR\FM\03DEN1.SGM 03DEN1 71786 Federal Register / Vol. 79, No. 232 / Wednesday, December 3, 2014 / Notices brokering, or servicing of loans, and for acting as trustee on the deeds of trust of FFNW’s subsidiary savings bank, First Savings Bank Northwest, Renton, Washington, pursuant to sections 225.28(b)(1) and 225.28(b)(2)(viii). Board of Governors of the Federal Reserve System, November 28, 2014. Margaret McCloskey Shanks, Deputy Secretary of the Board. [FR Doc. 2014–28434 Filed 12–2–14; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Centers for Medicare & Medicaid Services Notice of Hearing: Reconsideration of Disapproval Ohio Medicaid State Plan Amendment (SPA) 14–002 Centers for Medicare & Medicaid Services (CMS), HHS. ACTION: Notice of Hearing: Reconsideration of Disapproval. AGENCY: This notice announces an administrative hearing to be held on January 7, 2015, at the Department of Health and Human Services, Centers for Medicare and Medicaid Services, Division of Medicaid & Children’s Health, Chicago Regional Office, 233 N. Michigan, Avenue Suite 600 Chicago, Illinois 60601–5519, to reconsider CMS’ decision to disapprove Ohio’s Medicaid SPA 14–002. CLOSING DATE: Requests to participate in the hearing as a party must be received by the presiding officer by December 18, 2014. FOR FURTHER INFORMATION CONTACT: Benjamin R. Cohen, Presiding Officer, CMS, 2520 Lord Baltimore Drive, Suite L, Baltimore, Maryland 21244, Telephone: (410) 786–3169. SUPPLEMENTARY INFORMATION: This notice announces an administrative hearing to reconsider CMS’ decision to disapprove Ohio’s Medicaid SPA 14– 002 which was submitted to the Centers for Medicare and Medicaid Services (CMS) on February 28, 2014 and disapproved on August 29, 2014. In part, this SPA requested CMS approval of the state’s proposal to exclude from the definition of an inmate any individual under age 19 who is residing in a juvenile detention facility and has not yet been adjudicated. The issues to be considered at the hearing are: • Whether Ohio Medicaid SPA 14– 002 complied with the statutory requirement in section 1902(a)(10)(A) of tkelley on DSK3SPTVN1PROD with NOTICES SUMMARY: VerDate Sep<11>2014 18:42 Dec 02, 2014 Jkt 235001 the Social Security Act (the Act), which provides that the state plan must provide for making ‘‘medical assistance’’ available to eligible individuals. This section incorporates by reference the definition of medical assistance in section 1905(a) of the Act, which specifically provides, in the text following paragraph (29), that ‘‘. . . such term does not include—(A) any such payments with respect to care and services for any individual who is an inmate of a public institution (except as a patient in a medical institution). . . .’’ This exclusion is not limited based on the age of the inmate. • Whether the individuals specified in Ohio 14–002 are not inmates because they are individuals ‘‘in a public institution for a temporary period, pending other living arrangements appropriate to his needs,’’ as specified in 42 CFR 435.1010 when they are involuntarily incarcerated in a public institution who have not yet been adjudicated. Section 1116 of the Act and federal regulations at 42 CFR part 430, establish Department procedures that provide an administrative hearing for reconsideration of a disapproval of a state plan or plan amendment. CMS is required to publish a copy of the notice to a state Medicaid agency that informs the agency of the time and place of the hearing, and the issues to be considered. If we subsequently notify the agency of additional issues that will be considered at the hearing, we will also publish that notice. Any individual or group that wants to participate in the hearing as a party must petition the presiding officer within 15 days after publication of this notice, in accordance with the requirements contained at 42 CFR 430.76(b)(2). Any interested person or organization that wants to participate as amicus curiae must petition the presiding officer before the hearing begins in accordance with the requirements contained at 42 CFR 430.76(c). If the hearing is later rescheduled, the presiding officer will notify all participants. The notice to Ohio announcing an administrative hearing to reconsider the disapproval of its SPA reads as follows: Mr. John McCarthy Director Ohio Department of Medicaid 50 West Town Street, Suite 400 Columbus, OH 43215 Dear Mr. McCarthy: I am responding to your request for reconsideration of the decision to disapprove Ohio’s Medicaid state plan amendment (SPA) 14–002, which was PO 00000 Frm 00047 Fmt 4703 Sfmt 4703 submitted to the Centers for Medicare and Medicaid Services (CMS) on February 28, 2014 and disapproved on August 29, 2014. I am scheduling a hearing on your request for reconsideration to be held on January 07, 2015, at the Department of Health and Human Services, Centers for Medicare and Medicaid Services, Division of Medicaid & Children’s Health, Chicago Regional Office, 233 N. Michigan, Avenue Suite 600 Chicago, Illinois 60601–5519. In part, this SPA requested CMS approval of the state’s proposal to exclude from the definition of an inmate any individual under age 19 who is residing in a juvenile detention facility and has not yet been adjudicated. In its submission the state included the proposed change in the eligibility section of the state plan. However, this is not an eligibility issue, but is related to availability of federal financial participation (FFP) for services. In the event that CMS and the state come to agreement on resolution of the issues, which formed the basis for disapproval, these SPAs may be moved to approval prior to the scheduled hearing. During the reconsideration process, no federal financial participation (FFP) is available for services provided to individuals under age 19 residing in juvenile detention centers or other correctional institutions; except for inpatient care in a medical institution. The issues to be considered at the hearing are: • Whether Ohio Medicaid SPA 14– 002 complied with the statutory requirement in section 1902(a)(10)(A) of the Social Security Act (the Act), which provides that the state plan must provide for making ‘‘medical assistance’’ available to eligible individuals. This section incorporates by reference the definition of medical assistance in section 1905(a) of the Act, which specifically provides, in the text following paragraph (29), that ‘‘. . . such term does not include—(A) any such payments with respect to care and services for any individual who is an inmate of a public institution (except as a patient in a medical institution) . . .’’ This exclusion is not limited based on the age of the inmate. • Whether the individuals specified in Ohio 14–002 are not inmates because they are individuals ‘‘in a public institution for a temporary period, pending other living arrangements appropriate to his needs,’’ as specified in 42 CFR 435.1010 when they are involuntarily incarcerated in a public institution who have not yet been adjudicated. E:\FR\FM\03DEN1.SGM 03DEN1

Agencies

[Federal Register Volume 79, Number 232 (Wednesday, December 3, 2014)]
[Notices]
[Pages 71785-71786]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-28434]


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FEDERAL RESERVE SYSTEM


Notice of Proposals To Engage in or To Acquire Companies Engaged 
in Permissible Nonbanking Activities

    The companies listed in this notice have given notice under section 
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and 
Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or 
control voting securities or assets of a company, including the 
companies listed below, that engages either directly or through a 
subsidiary or other company, in a nonbanking activity that is listed in 
Sec.  225.28 of Regulation Y (12 CFR 225.28) or that the Board has 
determined by Order to be closely related to banking and permissible 
for bank holding companies. Unless otherwise noted, these activities 
will be conducted throughout the United States.
    Each notice is available for inspection at the Federal Reserve Bank 
indicated. The notice also will be available for inspection at the 
offices of the Board of Governors. Interested persons may express their 
views in writing on the question whether the proposal complies with the 
standards of section 4 of the BHC Act.
    Unless otherwise noted, comments regarding the applications must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than December 15, 2014.
    A. Federal Reserve Bank of San Francisco (Gerald C. Tsai, Director, 
Applications and Enforcement) 101 Market Street, San Francisco, 
California 94105-1579:
    1. First Financial Northwest, Inc. (``FFNW''), to engage de novo 
though its subsidiary, First Financial Diversified Corporation, both of 
Renton, Washington, in extending, acquiring,

[[Page 71786]]

brokering, or servicing of loans, and for acting as trustee on the 
deeds of trust of FFNW's subsidiary savings bank, First Savings Bank 
Northwest, Renton, Washington, pursuant to sections 225.28(b)(1) and 
225.28(b)(2)(viii).

    Board of Governors of the Federal Reserve System, November 28, 
2014.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
[FR Doc. 2014-28434 Filed 12-2-14; 8:45 am]
BILLING CODE 6210-01-P