Proposed Agency Information Collection Activities; Comment Request, 73583-73584 [2014-29063]

Download as PDF Federal Register / Vol. 79, No. 238 / Thursday, December 11, 2014 / Notices FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. SUMMARY: On June 15, 1984, the Office of Management and Budget (OMB) delegated to the Board of Governors of the Federal Reserve System (Board) its approval authority under the Paperwork Reduction Act (PRA), pursuant to 5 CFR 1320.16, to approve of and assign OMB control numbers to collection of information requests and requirements conducted or sponsored by the Board under conditions set forth in 5 CFR part 1320 Appendix A.1. Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the Paperwork Reduction Act Submission, supporting statements and approved collection of information instruments are placed into OMB’s public docket files. The Federal Reserve may not conduct or sponsor, and the respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number. DATES: Comments must be submitted on or before February 9, 2015. ADDRESSES: You may submit comments, identified by Regulation DD, by any of the following methods: • Agency Web site: http:// www.federalreserve.gov. Follow the instructions for submitting comments at http://www.federalreserve.gov/apps/ foia/proposedregs.aspx . • Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. • Email: regs.comments@ federalreserve.gov. Include OMB number in the subject line of the message. • FAX: (202) 452–3819 or (202) 452– 3102. • Mail: Robert deV. Frierson, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW., Washington, DC 20551. All public comments are available from the Board’s Web site at http:// www.federalreserve.gov/apps/foia/ proposedregs.aspx as submitted, unless modified for technical reasons. Accordingly, your comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper form in Room MP–500 of the mstockstill on DSK4VPTVN1PROD with NOTICES AGENCY: VerDate Sep<11>2014 19:07 Dec 10, 2014 Jkt 235001 Board’s Martin Building (20th and C Streets NW.) between 9:00 a.m. and 5:00 p.m. on weekdays. Additionally, commenters may send a copy of their comments to the OMB Desk Officer—Shagufta Ahmed—Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235 725 17th Street NW., Washington, DC 20503 or by fax to (202) 395–6974. FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission, including the proposed reporting form and instructions, supporting statement, and other documentation will be placed into OMB’s public docket files, once approved. These documents will also be made available on the Federal Reserve Board’s public Web site at: http://www. federalreserve.gov/apps/reportforms/ review.aspx or may be requested from the agency clearance officer, whose name appears below. Federal Reserve Board Acting Clearance Officer—John Schmidt— Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551 (202) 452–3829. Telecommunications Device for the Deaf (TDD) users may contact (202) 263–4869, Board of Governors of the Federal Reserve System, Washington, DC 20551. SUPPLEMENTARY INFORMATION: Request for Comment on Information Collection Proposal The following information collection, which is being handled under this delegated authority, has received initial Board approval and is hereby published for comment. At the end of the comment period, the proposed information collection, along with an analysis of comments and recommendations received, will be submitted to the Board for final approval under OMB delegated authority. Comments are invited on the following: a. Whether the proposed collection of information is necessary for the proper performance of the Federal Reserve’s functions; including whether the information has practical utility; b. The accuracy of the Federal Reserve’s estimate of the burden of the proposed information collection, including the validity of the methodology and assumptions used; c. Ways to enhance the quality, utility, and clarity of the information to be collected; d. Ways to minimize the burden of information collection on respondents, including through the use of automated collection techniques or other forms of information technology; and PO 00000 Frm 00042 Fmt 4703 Sfmt 4703 73583 e. Estimates of capital or start up costs and costs of operation, maintenance, and purchase of services to provide information. Proposal to approve under OMB delegated authority the extension for three years, without revision, of the following information collection: Report title: Disclosure Requirements in Connection with Regulation DD (Truth in Savings Act). Agency form number: Regulation DD. OMB control number: 7100–0271. Frequency: Monthly. Reporters: State member banks, branches & agencies of foreign banks, commercial lending companies, and Edge Act or agreement corporations. Estimated annual reporting hours: Account disclosures: 12,504 hours; Change in terms notices: 18,756 hours; Notices prior to maturity: 18,756 hours; Periodic statement disclosure: 100,032 hours; and Advertising: 6,252 hours. Estimated average hours per response: Account disclosures: 1 hour; Change in terms notices: 1.5 hours; Notices prior to maturity: 1.5 hours; Periodic statement disclosure: 8 hours; and Advertising: 30 minutes. Number of respondents: 1,042. General description of report: This information collection is mandatory pursuant section 269 of Truth in Savings Act (TISA) (12 U.S.C. 4308), which authorizes the Consumer Financial Protection Bureau (CFPB) to issue regulations to carry out the provisions of the act. The Board’s imposition of the disclosure requirements on Federal Reserve supervised institutions is authorized by the Dodd-Frank amendments to TISA (12 U.S.C. 4309), and the provisions of Regulation DD (12 CFR 1030.1(a), 1030.2(j)). An institution’s disclosure obligations under Regulation DD are mandatory. The Federal Reserve does not collect any information; therefore, no issue of confidentiality arises. Abstract: TISA was contained in the Federal Deposit Insurance Corporation Improvement Act of 1991. The purpose of TISA and its implementing regulation is to assist consumers in comparing deposit accounts offered by institutions, principally through the disclosure of fees, the annual percentage yield (APY), and other account terms. TISA requires depository institutions to disclose key terms for deposit accounts at account opening, upon request, when changes in terms occur, and in periodic statements. It also includes rules about advertising for deposit accounts. TISA does not provide exemptions from compliance for small institutions. On July 21, 2011, rulemaking authority for TISA was transferred from E:\FR\FM\11DEN1.SGM 11DEN1 73584 Federal Register / Vol. 79, No. 238 / Thursday, December 11, 2014 / Notices the Board to the CFPB under the DoddFrank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act). In December 2011, the CFPB published an interim final rule establishing its own Regulation DD to implement TISA at 12 CFR part 1030 that substantially duplicated the Board’s Regulation DD. The Board repealed its version of Regulation DD (12 CFR part 230) effective June 30, 2014. Board of Governors of the Federal Reserve System, December 8, 2014. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2014–29063 Filed 12–10–14; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM mstockstill on DSK4VPTVN1PROD with NOTICES 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 December 29, 2014. A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. The JCR 2015 LFG Trust and Joshua C. Rowland, Kansas City, Missouri, individually and as co-trustee, of the JCR 2015 LFG Trust, Kansas City, Missouri, to acquire voting shares of Lead Financial Group, Inc., and thereby indirectly acquire voting shares of Lead Bank, both in Garden City, Missouri. Board of Governors of the Federal Reserve System, December 8, 2014. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2014–29042 Filed 12–10–14; 8:45 am] BILLING CODE 6210–01–P VerDate Sep<11>2014 19:07 Dec 10, 2014 Jkt 235001 FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Formations of, Acquisitions by, and Mergers of Bank Holding Companies; Correction This notice corrects a notice (FR Doc. 28433) published on page 71785 of the issue for Wednesday, December 3, 2014. Under the Federal Reserve Bank of St. Louis heading, the entry for Bryon B. Webb, III, Emden, Missouri, as trustee of the Byron B. Webb, III Separate Property Revocable Trust, dated April 26, 2004, and Victoria Webb Sack, Del Mar, California, as trustee of the Victoria Webb Sack Separate Property Revocable Trust, dated June 12, 2008, is revised to read as follows: A. Federal Reserve Bank of St. Louis (Yvonne Sparks, Community Development Officer) P.O. Box 442, St. Louis, Missouri 63166–2034: 1. Bryon B. Webb, III, Emden, Missouri, as trustee of the Byron B. Webb, III Separate Property Revocable Trust, dated April 26, 2004, and Victoria Webb Sack, Del Mar, California, as trustee of the Victoria Webb Sack Separate Property Revocable Trust, dated June 12, 2008, individually and as members of a family control group; to retain and acquire additional voting shares of Byron B. Webb, Inc., and thereby indirectly retain and acquire additional voting shares of Homebank, both in Palmyra, Missouri. Comments on this application must be received by December 15, 2014. Board of Governors of the Federal Reserve System, December 8, 2014. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2014–29043 Filed 12–10–14; 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 PO 00000 Frm 00043 Fmt 4703 Sfmt 4703 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 January 5, 2015. A. Federal Reserve Bank of Minneapolis (Jacqueline K. Brunmeier, Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. Centra Ventures, Inc., Foley, Minnesota; to acquire 100 percent of the voting shares of Community Pride Bank Corporation, Ham Lake, Minnesota, and thereby indirectly acquire voting shares of Community Pride Bank, Isanti, Minnesota. Board of Governors of the Federal Reserve System, December 8, 2014. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2014–29041 Filed 12–10–14; 8:45 am] BILLING CODE 6210–01–P FEDERAL TRADE COMMISSION Granting of Request for Early Termination of the Waiting Period Under the Premerger Notification Rules Section 7A of the Clayton Act, 15 U.S.C. 18a, as added by Title II of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, requires persons contemplating certain mergers or acquisitions to give the Federal Trade Commission and the Assistant Attorney General advance notice and to wait designated periods before consummation of such plans. Section 7A(b)(2) of the Act permits the agencies, in individual cases, to terminate this waiting period prior to its expiration and requires that notice of this action be published in the Federal Register. The following transactions were granted early termination—on the dates indicated—of the waiting period provided by law and the premerger E:\FR\FM\11DEN1.SGM 11DEN1

Agencies

[Federal Register Volume 79, Number 238 (Thursday, December 11, 2014)]
[Notices]
[Pages 73583-73584]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-29063]



[[Page 73583]]

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FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: On June 15, 1984, the Office of Management and Budget (OMB) 
delegated to the Board of Governors of the Federal Reserve System 
(Board) its approval authority under the Paperwork Reduction Act (PRA), 
pursuant to 5 CFR 1320.16, to approve of and assign OMB control numbers 
to collection of information requests and requirements conducted or 
sponsored by the Board under conditions set forth in 5 CFR part 1320 
Appendix A.1. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. Copies of the Paperwork Reduction Act 
Submission, supporting statements and approved collection of 
information instruments are placed into OMB's public docket files. The 
Federal Reserve may not conduct or sponsor, and the respondent is not 
required to respond to, an information collection that has been 
extended, revised, or implemented on or after October 1, 1995, unless 
it displays a currently valid OMB control number.

DATES: Comments must be submitted on or before February 9, 2015.

ADDRESSES: You may submit comments, identified by Regulation DD, by any 
of the following methods:
     Agency Web site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/apps/foia/proposedregs.aspx .
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: regs.comments@federalreserve.gov. Include OMB 
number in the subject line of the message.
     FAX: (202) 452-3819 or (202) 452-3102.
     Mail: Robert deV. Frierson, Secretary, Board of Governors 
of the Federal Reserve System, 20th Street and Constitution Avenue NW., 
Washington, DC 20551.
    All public comments are available from the Board's Web site at 
http://www.federalreserve.gov/apps/foia/proposedregs.aspx as submitted, 
unless modified for technical reasons. Accordingly, your comments will 
not be edited to remove any identifying or contact information. Public 
comments may also be viewed electronically or in paper form in Room MP-
500 of the Board's Martin Building (20th and C Streets NW.) between 
9:00 a.m. and 5:00 p.m. on weekdays.
    Additionally, commenters may send a copy of their comments to the 
OMB Desk Officer--Shagufta Ahmed--Office of Information and Regulatory 
Affairs, Office of Management and Budget, New Executive Office 
Building, Room 10235 725 17th Street NW., Washington, DC 20503 or by 
fax to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission, 
including the proposed reporting form and instructions, supporting 
statement, and other documentation will be placed into OMB's public 
docket files, once approved. These documents will also be made 
available on the Federal Reserve Board's public Web site at: http://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested 
from the agency clearance officer, whose name appears below.
    Federal Reserve Board Acting Clearance Officer--John Schmidt--
Office of the Chief Data Officer, Board of Governors of the Federal 
Reserve System, Washington, DC 20551 (202) 452-3829. Telecommunications 
Device for the Deaf (TDD) users may contact (202) 263-4869, Board of 
Governors of the Federal Reserve System, Washington, DC 20551.

SUPPLEMENTARY INFORMATION:

Request for Comment on Information Collection Proposal

    The following information collection, which is being handled under 
this delegated authority, has received initial Board approval and is 
hereby published for comment. At the end of the comment period, the 
proposed information collection, along with an analysis of comments and 
recommendations received, will be submitted to the Board for final 
approval under OMB delegated authority. Comments are invited on the 
following:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Federal Reserve's functions; including 
whether the information has practical utility;
    b. The accuracy of the Federal Reserve's estimate of the burden of 
the proposed information collection, including the validity of the 
methodology and assumptions used;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    e. Estimates of capital or start up costs and costs of operation, 
maintenance, and purchase of services to provide information.
    Proposal to approve under OMB delegated authority the extension for 
three years, without revision, of the following information collection:
    Report title: Disclosure Requirements in Connection with Regulation 
DD (Truth in Savings Act).
    Agency form number: Regulation DD.
    OMB control number: 7100-0271.
    Frequency: Monthly.
    Reporters: State member banks, branches & agencies of foreign 
banks, commercial lending companies, and Edge Act or agreement 
corporations.
    Estimated annual reporting hours: Account disclosures: 12,504 
hours; Change in terms notices: 18,756 hours; Notices prior to 
maturity: 18,756 hours; Periodic statement disclosure: 100,032 hours; 
and Advertising: 6,252 hours.
    Estimated average hours per response: Account disclosures: 1 hour; 
Change in terms notices: 1.5 hours; Notices prior to maturity: 1.5 
hours; Periodic statement disclosure: 8 hours; and Advertising: 30 
minutes.
    Number of respondents: 1,042.
    General description of report: This information collection is 
mandatory pursuant section 269 of Truth in Savings Act (TISA) (12 
U.S.C. 4308), which authorizes the Consumer Financial Protection Bureau 
(CFPB) to issue regulations to carry out the provisions of the act. The 
Board's imposition of the disclosure requirements on Federal Reserve 
supervised institutions is authorized by the Dodd-Frank amendments to 
TISA (12 U.S.C. 4309), and the provisions of Regulation DD (12 CFR 
1030.1(a), 1030.2(j)). An institution's disclosure obligations under 
Regulation DD are mandatory. The Federal Reserve does not collect any 
information; therefore, no issue of confidentiality arises.
    Abstract: TISA was contained in the Federal Deposit Insurance 
Corporation Improvement Act of 1991. The purpose of TISA and its 
implementing regulation is to assist consumers in comparing deposit 
accounts offered by institutions, principally through the disclosure of 
fees, the annual percentage yield (APY), and other account terms. TISA 
requires depository institutions to disclose key terms for deposit 
accounts at account opening, upon request, when changes in terms occur, 
and in periodic statements. It also includes rules about advertising 
for deposit accounts. TISA does not provide exemptions from compliance 
for small institutions.
    On July 21, 2011, rulemaking authority for TISA was transferred 
from

[[Page 73584]]

the Board to the CFPB under the Dodd-Frank Wall Street Reform and 
Consumer Protection Act of 2010 (Dodd-Frank Act). In December 2011, the 
CFPB published an interim final rule establishing its own Regulation DD 
to implement TISA at 12 CFR part 1030 that substantially duplicated the 
Board's Regulation DD. The Board repealed its version of Regulation DD 
(12 CFR part 230) effective June 30, 2014.


    Board of Governors of the Federal Reserve System, December 8, 
2014.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2014-29063 Filed 12-10-14; 8:45 am]
BILLING CODE 6210-01-P