Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 18624 [2015-07901]

Download as PDF 18624 Federal Register / Vol. 80, No. 66 / Tuesday, April 7, 2015 / Notices b. Interest Rate Spread FEDERAL RESERVE SYSTEM Currently, the FR 2420 report does not have an ‘‘interest rate spread’’ reporting field. Without this field, the underlying value of the reference rate and spread components cannot be determined with certainty. Accordingly, the Board proposes to add an ‘‘interest rate spread’’ field to the FR 2420 report. This new reporting field will enable calculation of the value of the underlying reference rate without looking up the reference rate in an additional data source. This field would be labelled ‘NA’ for fixed-rate CDs. Formations of, Acquisitions by, and Mergers of Bank Holding Companies c. Option Identifiers and Step-Up Indicator mstockstill on DSK4VPTVN1PROD with NOTICES The Board proposes to add report fields to the FR 2420 that would identify CDs with embedded options as well as CDs and time deposits with rates that change over the term of the CD. CDs with options are becoming an increasingly important financial instrument with growing issuance, particularly in products with options to extend the maturity date. One additional data field would need to be added to identify instruments with embedded options. In addition, experience with the current data suggests that there is also a segment of the CD market with rates that rise or ‘‘step up’’ over the course of the instrument’s life. An additional field would be necessary to identify these transactions. These fields could be particularly important for informing the use of CD rates in the calculation of reference rates, as options affect the comparability of instruments to others with the same stated maturity dates. • CDs with embedded options would be identified under the proposal with an additional field that would capture the type of option, specifically ‘callable,’ ‘puttable,’ ‘extendable,’ and ‘other,’ or indicate ‘NA’ for CDs without embedded options. • Rates that will rise or fall over the life of the time deposit or CD based on a pre-arranged agreement would be identified under the proposal with an additional field that would be a ‘Y’ or ‘N’ step-up indicator. Board of Governors of the Federal Reserve System, April 2, 2015. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2015–07920 Filed 4–6–15; 8:45 am] BILLING CODE CODE 6210–01–P VerDate Sep<11>2014 17:46 Apr 06, 2015 Jkt 235001 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 May 1, 2015. A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice President) 1455 East Sixth Street, Cleveland, Ohio 44101–2566: 1. Farmers National Banc Corp, Canfield, Ohio; to acquire 100 percent of the voting shares of National Bancshares Corp, Orrville, Ohio and thereby indirectly acquire First National Bank, Orrville, Ohio. B. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice President) 1000 Peachtree Street NE., Atlanta, Georgia 30309: 1. American Commerce Bancshares, Inc., Breman, Georgia; to acquire 100 percent of the voting shares of ProBank, Tallahassee, Florida. C. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. Inter-Mountain Bancorp, Inc., Bozeman, Montana; to merge with Teton Bancshares, Inc., and thereby indirectly acquire Teton Banks, both in Fairfield, Montana. PO 00000 Frm 00039 Fmt 4703 Sfmt 4703 Board of Governors of the Federal Reserve System, April 2, 2015. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–07901 Filed 4–6–15; 8:45 am] BILLING CODE CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Centers for Disease Control and Prevention [30Day–15–0740] Agency Forms Undergoing Paperwork Reduction Act Review The Centers for Disease Control and Prevention (CDC) has submitted the following information collection request to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995. The notice for the proposed information collection is published to obtain comments from the public and affected agencies. Written comments and suggestions from the public and affected agencies concerning the proposed collection of information are encouraged. Your comments should address any of the following: (a) Evaluate whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (b) Evaluate the accuracy of the agencies estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; (c) Enhance the quality, utility, and clarity of the information to be collected; (d) Minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., permitting electronic submission of responses; and (e) Assess information collection costs. To request additional information on the proposed project or to obtain a copy of the information collection plan and instruments, call (404) 639–7570 or send an email to omb@cdc.gov. Written comments and/or suggestions regarding the items contained in this notice should be directed to the Attention: CDC Desk Officer, Office of Management and Budget, Washington, DC 20503 or by fax to (202) 395–5806. Written comments should be received within 30 days of this notice. E:\FR\FM\07APN1.SGM 07APN1

Agencies

[Federal Register Volume 80, Number 66 (Tuesday, April 7, 2015)]
[Notices]
[Page 18624]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-07901]


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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 May 1, 2015.
    A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
    1. Farmers National Banc Corp, Canfield, Ohio; to acquire 100 
percent of the voting shares of National Bancshares Corp, Orrville, 
Ohio and thereby indirectly acquire First National Bank, Orrville, 
Ohio.
    B. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice 
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309:
    1. American Commerce Bancshares, Inc., Breman, Georgia; to acquire 
100 percent of the voting shares of ProBank, Tallahassee, Florida.
    C. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Inter-Mountain Bancorp, Inc., Bozeman, Montana; to merge with 
Teton Bancshares, Inc., and thereby indirectly acquire Teton Banks, 
both in Fairfield, Montana.

    Board of Governors of the Federal Reserve System, April 2, 2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-07901 Filed 4-6-15; 8:45 am]
BILLING CODE CODE 6210-01-P