Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies, 17044 [2015-07294]
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17044
Federal Register / Vol. 80, No. 61 / Tuesday, March 31, 2015 / Notices
Total Annual Burden: 1319 hours.
General Description of Collection:
Section 42 of the Federal Deposit
Insurance Act mandates that an
institution proposing to close a branch
give its primary regulator no less than
90 days written notice. Notices of
closure are submitted on occasion as
needed. Also, each insured depository
institution must adopt branch closing
policies. The adoption of policies is a
one-time activity, repeated only if the
institution finds need to revise its
policy.
2. Title: Large-Bank Deposit Insurance
Programs
OMB Number: 3064–0162.
Frequency of Response: On occasion.
Affected Public: Insured depository
institutions having at least $2 billion in
domestic deposits and either at least: (i)
250,000 deposit accounts; or (ii) $20
million in total assets.
Estimated Number of Respondents:
159.
Estimated Time per Response: 157—
255.5 hours.
Total Annual Burden: 25,000—
40,624.5 hours.
General Description of Collection:
Insured depository institutions having
at least $2 billion in domestic deposits
and either: (1) More than 250,000
deposit accounts; or (2) total assets over
$20 billion, regardless of the number of
deposit accounts are required to adopt
mechanisms that, in the event of the
institution’s failure: (1) Provide the
FDIC with standard deposit account and
customer information; and (2) allow the
FDIC to place and release holds on
liability accounts, including deposits.
3. Title: Basel II Interagency
Supervisory Guidance for the
Supervisory Review Process (Pillar 2).
OMB Number: 3064–0165.
Frequency of Response: Eventgenerated.
Affected Public: Insured state
nonmember banks and certain
subsidiaries of these entities.
Estimated Number of Respondents:
19.
Estimated Time per Response: 420
hours.
Total Annual Burden: 7,980 hours.
General Description of Collection: The
agencies issued a supervisory guidance
document for implementing the
supervisory review process (Pillar 2).
The guidance was issued on July 31,
2008 (73 FR 44620). Sections 37, 41, 43,
and 46 of the guidance impose
information collection requirements.
Section 37 states that banks should state
clearly the definition of capital used in
any aspect of its internal capital
adequacy assessment process (ICAAP)
and document any changes in the
VerDate Sep<11>2014
18:32 Mar 30, 2015
Jkt 235001
internal definition of capital. Section 41
requires banks to maintain thorough
documentation of ICAAP. Section 43
specifies that boards of directors must
approve the bank’s ICAAP, review it on
a regular basis, and approve any
changes. Boards of directors also are
required under section 46 to
periodically review the assessment of
overall capital adequacy and to analyze
how measures of internal capital
adequacy compare with other capital
measures (such as regulatory or
accounting).
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,
including the validity of the
methodology and assumptions used; (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.
All comments will become a matter of
public record.
Dated at Washington, DC, this 25th day of
March 2015.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015–07229 Filed 3–30–15; 8:45 am]
FEDERAL RESERVE SYSTEM
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
of, or the power to vote shares of a
savings association and nonbanking
companies owned by the savings and
loan 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
Frm 00020
Fmt 4703
Board of Governors of the Federal Reserve
System, March 26, 2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015–07294 Filed 3–30–15; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
BILLING CODE 6714–01–P
PO 00000
indicated. The application also will 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 HOLA (12 U.S.C. 1467a(e)). 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 10(c)(4)(B) of the
HOLA (12 U.S.C. 1467a(c)(4)(B)). 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 24, 2015.
A. Federal Reserve Bank of Cleveland
(Nadine Wallman, Vice President) 1455
East Sixth Street, Cleveland, Ohio
44101–2566:
1. First Mutual Holding Company,
Lakewood, Ohio; to reorganize into a
MHC structure, and thereby acquire
First Federal Saving and Loan
Association of Lakewood, Lakewood,
Ohio, in connection with the thrift’s
conversion from mutual to stock form.
Sfmt 4703
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
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]]>Agencies
[Federal Register Volume 80, Number 61 (Tuesday, March 31, 2015)]
[Notices]
[Page 17044]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-07294]
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FEDERAL RESERVE SYSTEM
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 of, or the power to vote shares of a
savings association and nonbanking companies owned by the savings and
loan 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 application also will 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 HOLA (12 U.S.C. 1467a(e)). 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 10(c)(4)(B) of the HOLA (12 U.S.C. 1467a(c)(4)(B)). 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 24, 2015.
A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice
President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
1. First Mutual Holding Company, Lakewood, Ohio; to reorganize into
a MHC structure, and thereby acquire First Federal Saving and Loan
Association of Lakewood, Lakewood, Ohio, in connection with the
thrift's conversion from mutual to stock form.
Board of Governors of the Federal Reserve System, March 26,
2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-07294 Filed 3-30-15; 8:45 am]
BILLING CODE 6210-01-P
