Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 27173 [2015-11399]

Download as PDF Federal Register / Vol. 80, No. 91 / Tuesday, May 12, 2015 / Notices 4. Report title: Allocation of Low Reserve Tranche and Reservable Liabilities Exemption. Agency form number: FR 2930. OMB number: 7100–0088. Frequency: Annually and on occasion. Reporters: Depository institutions. Estimated annual reporting hours: 30. Estimated average hours per response: 0.25 hours. Number of respondents: 120. General description of report: This information collection is mandatory by the Federal Reserve Act (12 U.S.C. 248(a), 461, 603, and 615) and Regulation D (12 CFR 204). The data are given confidential treatment (5 U.S.C. 552(b)(4)). Abstract: Institutions with offices (or groups of offices) in more than one state or Federal Reserve District, or those operating under operational convenience, are required to file the FR 2930 at least annually. An institution’s net transaction accounts up to the exemption amount ($14.5 million in 2015) are reserved at zero percent. Net transaction accounts up to the low reserve tranche ($103.6 million in 2015) are reserved at 3 percent while amounts in excess of this amount are reserved at 10 percent. Only a single exemption amount and a single low reserve tranche are allowed per depository institution (including subsidiaries). Therefore, an institution that submits separate FR 2900 reports covering different offices is required to file the FR 2930 at least annually to allocate its reservable liabilities exemption and low reserve tranche among its offices. The Federal Reserve Board does not propose any changes to this report. Board of Governors of the Federal Reserve System, May 7, 2015. Michael Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–11443 Filed 5–11–15; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM mstockstill on DSK4VPTVN1PROD with NOTICES 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 VerDate Sep<11>2014 17:31 May 11, 2015 Jkt 235001 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 June 8, 2015. A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23261–4528: 1. BNC Bancorp, High Point, North Carolina, to merge with Valley Financial Corporation, Roanoke, Virginia, and thereby indirectly acquire Valley Bank, Roanoke, Virginia. Board of Governors of the Federal Reserve System, May 7, 2015. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–11399 Filed 5–11–15; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM 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 May 26, 2015. PO 00000 Frm 00032 Fmt 4703 Sfmt 4703 27173 A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice President) 1000 Peachtree Street NE., Atlanta, Georgia 30309: 1. 4580 Trust, with Shveta S. Raju and Asha J. Shah as co-trustees; 3490 Trust, with Deep J. Shah and Asha J. Shah as co-trustees; 2764 Trust, with Deep J. Shah and Shveta S. Raju as co-trustees; and Deep J. Shah, all of Duluth, Georgia; to become members of the Shah Family control group, and acquire voting shares of Touchmark Bancshares, Inc., and thereby indirectly acquire voting shares of Touchmark National Bank, both in Alpharetta, Georgia. B. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. Robert A. Clemente, as Trustee of the OJT Irrevocable Trust dated 09/20/ 2010, Birmingham, Michigan; to acquire voting shares of Oxford Bank Corporation, and thereby indirectly acquire voting shares of Oxford Bank, both Oxford, Michigan. Board of Governors of the Federal Reserve System, May 6, 2015. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–11342 Filed 5–11–15; 8:45 am] BILLING CODE 6210–01–P FEDERAL RETIREMENT THRIFT INVESTMENT BOARD Sunshine Act; Notice of Joint Meeting of the Federal Retirement Thrift Investment Board and the Employee Thrift Advisory Council 8:30 a.m. (Eastern Time) May 18, 2015. PLACE: 10th Floor Training Room, 77 K Street NE., Washington, DC 20002. STATUS: Open to the public. MATTERS TO BE CONSIDERED: TIME AND DATE: Open to the Public 1. Approval of the Minutes of the April 20, 2015 Federal Retirement Thrift Investment Board (FRTIB) Board Member Meeting 2. Approval of the Minutes of the November 12, 2014 Employee Thrift Advisory Council (ETAC) Meeting 3. Selection of ETAC Chairman and Vice Chairman 4. Monthly Reports (a) Monthly Participant Activity Report (b) Monthly Investment Performance Report (c) Legislative Report 5. Quarterly Metrics Report 6. Office of Communications and Education Report E:\FR\FM\12MYN1.SGM 12MYN1

Agencies

FEDERAL RESERVE SYSTEM

[Federal Register Volume 80, Number 91 (Tuesday, May 12, 2015)]
[Notices]
[Page 27173]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-11399]


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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 June 8, 2015.
    A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. BNC Bancorp, High Point, North Carolina, to merge with Valley 
Financial Corporation, Roanoke, Virginia, and thereby indirectly 
acquire Valley Bank, Roanoke, Virginia.

    Board of Governors of the Federal Reserve System, May 7, 2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-11399 Filed 5-11-15; 8:45 am]
 BILLING CODE 6210-01-P

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