Federal Home Loan Bank Community Support Program-Opportunity To Comment on Members Subject To Review, 50853-50854 [2015-20734]

Download as PDF Federal Register / Vol. 80, No. 162 / Friday, August 21, 2015 / Notices National Bank, Sevierville, Tennessee (‘‘the Receiver’’) intends to terminate its receivership for said institution. The FDIC was appointed receiver of Mountain National Bank on June 7, 2013. The liquidation of the receivership assets has been completed. To the extent permitted by available funds and in accordance with law, the Receiver will be making a final dividend payment to proven creditors. Based upon the foregoing, the Receiver has determined that the continued existence of the receivership will serve no useful purpose. Consequently, notice is given that the receivership shall be terminated, to be effective no sooner than thirty days after the date of this Notice. If any person wishes to comment concerning the termination of the receivership, such comment must be made in writing and sent within thirty days of the date of this Notice to: Federal Deposit Insurance Corporation, Division of Resolutions and Receiverships, Attention: Receivership Oversight Department 32.1, 1601 Bryan Street, Dallas, TX 75201. No comments concerning the termination of this receivership will be considered which are not sent within this time frame. Dated: August 14, 2015. Federal Deposit Insurance Corporation. Valerie J. Best, Assistant Executive Secretary. [FR Doc. 2015–20627 Filed 8–20–15; 8:45 am] BILLING CODE 6714–01–P FEDERAL HOUSING FINANCE AGENCY [No. 2015–N–6] Federal Home Loan Bank Community Support Program—Opportunity To Comment on Members Subject To Review Federal Housing Finance Agency. ACTION: Notice. AGENCY: The Federal Housing Finance Agency (FHFA) is announcing that FHFA will review all applicable Federal Home Loan Bank (Bank) members in 2015 under FHFA’s community support requirements regulation. This Notice invites the public to comment on the community support performance of individual members. DATES: Public comments on individual Bank members’ community support performance must be submitted to FHFA on or before December 31, 2015. rmajette on DSK7SPTVN1PROD with NOTICES SUMMARY: VerDate Sep<11>2014 15:07 Aug 20, 2015 Jkt 235001 50853 Comments on members’ community support performance should be submitted to FHFA by electronic mail at hmgcommunitysupportprogram@ fhfa.gov or by fax to 202–649–4130. FOR FURTHER INFORMATION CONTACT: Melissa Allen, Principal Program Analyst, at hmgcommunity supportprogram@fhfa.gov or 202–658– 9266, Office of Housing and Community Investment, Division of Housing Mission and Goals, Federal Housing Finance Agency, Ninth Floor, 400 Seventh Street SW., Washington, DC 20024. SUPPLEMENTARY INFORMATION: Under the regulation, as amended effective June 29, 2015, FHFA reviews all applicable members in 2015 and every two years afterwards. FHFA is currently in transition to this new schedule beginning in 2015, and has already reviewed the community support performance of a significant number of Bank members during the 2014–15 review cycle that FHFA conducted under the previous regulation. Consequently, during the balance of 2015, FHFA is reviewing the community support performance of applicable members that have not already submitted Community Support Statements during the 2014–15 cycle. 12 CFR 1290.2(b)(2). I. Community Support Review Section 10(g)(1) of the Federal Home Loan Bank Act (Bank Act) requires FHFA to promulgate regulations establishing standards of community investment or service that Bank members must meet in order to maintain access to long-term Bank advances. See 12 U.S.C. 1430(g)(1). The regulations promulgated by FHFA must take into account factors such as the Bank member’s performance under the Community Reinvestment Act of 1977 (CRA), 12 U.S.C. 2901 et seq., and the Bank member’s record of lending to first-time homebuyers. See 12 U.S.C. 1430(g)(2). Pursuant to section 10(g) of the Bank Act, FHFA has promulgated a community support requirements regulation that establishes standards a Bank member must meet in order to maintain access to long-term advances, and establishes review criteria FHFA must apply in evaluating a member’s community support performance. See 12 CFR part 1290. The regulation includes standards and criteria for the two statutory factors—members’ CRA performance and members’ record of lending to first-time homebuyers. 12 CFR 1290.3. Only members subject to the CRA must meet the CRA standard. 12 CFR 1290.3(b). All members subject to community support review, including those not subject to the CRA, must meet the first-time homebuyer standard. 12 CFR 1290.3(c). Members that have been certified as community development financial institutions (CDFIs) are deemed to be in compliance with the community support requirements and are not subject to periodic community support review, unless the CDFI member is also an insured depository institution or a CDFI credit union. 12 CFR 1290.2(d). In addition, FHFA will not review an institution’s community support performance until it has been a Bank member for at least one year. 12 CFR 1290.2(e). II. Public Comments FHFA encourages the public to submit comments on the community support performance of Bank members, on or before December 31, 2015. Under the amended regulation, each Bank has notified its Advisory Council, nonprofit housing developers, community groups, and other interested parties in its district, and has posted a notice on its public Web site of the opportunity to submit comments on the community support programs and activities of Bank members, with the name and address of each member subject to community support review. 12 CFR 1290.2(c)(1). In reviewing a member for community support compliance, FHFA will consider any public comments it has received concerning the member. 12 CFR 1290.2(c)(3). To ensure consideration by FHFA, comments concerning the community support performance of members being reviewed in 2015 must be submitted to FHFA, either by electronic mail to hmgcommunitysupportprogram@ fhfa.gov, or by fax to 202–649–4130, on or before December 31, 2015. 12 CFR 1290.2(c)(2). The names of applicable members currently subject to Community Support review can be found on the public Web sites for the individual Banks at: Federal Home Loan Bank of Boston— District 1 (Connecticut, Massachusetts, New Hampshire, Rhode Island, Vermont) https:// www.fhlbboston.com/ communitydevelopment/programs/ support_statements.jsp Federal Home Loan Bank of New York— District 2 (New Jersey, New York, Puerto Rico) https://www.fhlbny.com/ news-events/bulletins-memos/priorbulletins-memos/2015/bulletin 062915.aspx Federal Home Loan Bank of Pittsburgh—District 3 (Delaware, Pennsylvania, West Virginia) https:// ADDRESSES: PO 00000 Frm 00035 Fmt 4703 Sfmt 4703 E:\FR\FM\21AUN1.SGM 21AUN1 50854 Federal Register / Vol. 80, No. 162 / Friday, August 21, 2015 / Notices www.fhlb-pgh.com/communitysupport.html Federal Home Loan Bank of Atlanta— District 4 (Alabama, District of Columbia, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia) https://corp.fhlbatl.com/ fhlbank-atlanta-highlights/2015community-support-review/ Federal Home Loan Bank of Cincinnati—District 5 (Kentucky, Ohio, Tennessee) https:// web.fhlbcin.com/Documents/ Community%20Support%20 Public%20Notice%20Master.pdf Federal Home Loan Bank of Indianapolis—District 6 (Indiana, Michigan) https://www.fhlbi.com/ housing/documents/Letterto InterestedParties.pdf Federal Home Loan Bank of Chicago— District 7 (Illinois, Wisconsin) https:// www.fhlbc.com/ProductsandServices/ CommunityInvestmentsand AffordableHousingPrograms/Pages/ federal-home-loan-bank-chicagocommunity-support-statements.aspx Federal Home Loan Bank of Des Moines—District 8 (Alaska, Guam, Hawaii, Idaho, Iowa, Minnesota, Missouri, Montana, North Dakota, Oregon, South Dakota, Utah, Washington, Wyoming) https:// www.fhlbdm.com/homepage-newsfeed/2015-community-supportstatement/ Federal Home Loan Bank of Dallas— District 9 (Arkansas, Louisiana, Mississippi, New Mexico, Texas) https://www.fhlb.com/membership/ Pages/Community-SupportStandards.aspx Federal Home Loan Bank of Topeka— District 10 (Colorado, Kansas, Nebraska, Oklahoma) https://www.fhlb topeka.com/s/index.cfm?aid=336 Federal Home Loan Bank of San Francisco—District 11 (Arizona, California, Nevada) https:// www.fhlbsf.com/community/grant/ community-support-review.aspx Dated: August 17, 2015. Melvin L. Watt, Director, Federal Housing Finance Agency. [FR Doc. 2015–20734 Filed 8–20–15; 8:45 am] BILLING CODE 8070–01–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 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 September 17, 2015. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. Heartland Bancorp, Inc., Bloomington, Illinois; to acquire 100 percent of the voting shares of National Bancorp, Inc., Schaumburg, Illinois, and thereby indirectly acquire voting shares of American Midwest Bank, Sycamore, Illinois. B. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. CFSB Holding Co., Broken Bow, Nebraska; to become a bank holding company by acquiring 100 percent of the voting shares of Custer Federal State Bank, Broken Bow, Nebraska. Board of Governors of the Federal Reserve System, August 18, 2015. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–20685 Filed 8–20–15; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Administration for Children and Families Submission for OMB Review; Comment Request Title: Immediate Disaster Case Management (IDCM) Intake Assessment OMB No.: 0970–NEW Description: The Administration for Children and Families (ACF) seeks to collect information from disaster survivors following a Presidential Declaration of a disaster where Individual Assistance is approved. The information collection tool will promote: 1) efficient collection of information from disaster survivors, 2) centralization of information and resources to allow rapid connection to resources, and 3) improvement in the collection and output of key metrics that related to specific mission and disaster. Respondents: Individuals who voluntarily enroll in the IDCM program. ANNUAL BURDEN ESTIMATES Number of respondents Number of responses per respondent Average burden hours per response Total burden hours IDCM Intake Assessment ............... rmajette on DSK7SPTVN1PROD with NOTICES Instrument 3,500 1 40 Minutes 140,000 Minutes. Estimated Total Annual Burden Hours: 140,000 minutes Additional Information: Copies of the proposed collection may be obtained by writing to the Administration for Children and VerDate Sep<11>2014 15:07 Aug 20, 2015 Jkt 235001 Families, Office of Planning, Research and Evaluation, 370 L’Enfant Promenade SW., Washington, DC 20447, Attn: ACF Reports Clearance Officer. All requests should be identified by the title PO 00000 Frm 00036 Fmt 4703 Sfmt 4703 of the information collection. Email address: infocollection@acf.hhs.gov. OMB Comment: OMB is required to make a decision concerning the collection of information between 30 and 60 days after E:\FR\FM\21AUN1.SGM 21AUN1

Agencies

[Federal Register Volume 80, Number 162 (Friday, August 21, 2015)]
[Notices]
[Pages 50853-50854]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-20734]


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FEDERAL HOUSING FINANCE AGENCY

[No. 2015-N-6]


Federal Home Loan Bank Community Support Program--Opportunity To 
Comment on Members Subject To Review

AGENCY: Federal Housing Finance Agency.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Federal Housing Finance Agency (FHFA) is announcing that 
FHFA will review all applicable Federal Home Loan Bank (Bank) members 
in 2015 under FHFA's community support requirements regulation. This 
Notice invites the public to comment on the community support 
performance of individual members.

DATES: Public comments on individual Bank members' community support 
performance must be submitted to FHFA on or before December 31, 2015.

ADDRESSES: Comments on members' community support performance should be 
submitted to FHFA by electronic mail at 
hmgcommunitysupportprogram@fhfa.gov or by fax to 202-649-4130.

FOR FURTHER INFORMATION CONTACT: Melissa Allen, Principal Program 
Analyst, at hmgcommunitysupportprogram@fhfa.gov or 202-658-9266, Office 
of Housing and Community Investment, Division of Housing Mission and 
Goals, Federal Housing Finance Agency, Ninth Floor, 400 Seventh Street 
SW., Washington, DC 20024.

SUPPLEMENTARY INFORMATION:

I. Community Support Review

    Section 10(g)(1) of the Federal Home Loan Bank Act (Bank Act) 
requires FHFA to promulgate regulations establishing standards of 
community investment or service that Bank members must meet in order to 
maintain access to long-term Bank advances. See 12 U.S.C. 1430(g)(1). 
The regulations promulgated by FHFA must take into account factors such 
as the Bank member's performance under the Community Reinvestment Act 
of 1977 (CRA), 12 U.S.C. 2901 et seq., and the Bank member's record of 
lending to first-time homebuyers. See 12 U.S.C. 1430(g)(2). Pursuant to 
section 10(g) of the Bank Act, FHFA has promulgated a community support 
requirements regulation that establishes standards a Bank member must 
meet in order to maintain access to long-term advances, and establishes 
review criteria FHFA must apply in evaluating a member's community 
support performance. See 12 CFR part 1290. The regulation includes 
standards and criteria for the two statutory factors--members' CRA 
performance and members' record of lending to first-time homebuyers. 12 
CFR 1290.3. Only members subject to the CRA must meet the CRA standard. 
12 CFR 1290.3(b). All members subject to community support review, 
including those not subject to the CRA, must meet the first-time 
homebuyer standard. 12 CFR 1290.3(c). Members that have been certified 
as community development financial institutions (CDFIs) are deemed to 
be in compliance with the community support requirements and are not 
subject to periodic community support review, unless the CDFI member is 
also an insured depository institution or a CDFI credit union. 12 CFR 
1290.2(d). In addition, FHFA will not review an institution's community 
support performance until it has been a Bank member for at least one 
year. 12 CFR 1290.2(e).
    Under the regulation, as amended effective June 29, 2015, FHFA 
reviews all applicable members in 2015 and every two years afterwards. 
FHFA is currently in transition to this new schedule beginning in 2015, 
and has already reviewed the community support performance of a 
significant number of Bank members during the 2014-15 review cycle that 
FHFA conducted under the previous regulation. Consequently, during the 
balance of 2015, FHFA is reviewing the community support performance of 
applicable members that have not already submitted Community Support 
Statements during the 2014-15 cycle. 12 CFR 1290.2(b)(2).

II. Public Comments

    FHFA encourages the public to submit comments on the community 
support performance of Bank members, on or before December 31, 2015. 
Under the amended regulation, each Bank has notified its Advisory 
Council, nonprofit housing developers, community groups, and other 
interested parties in its district, and has posted a notice on its 
public Web site of the opportunity to submit comments on the community 
support programs and activities of Bank members, with the name and 
address of each member subject to community support review. 12 CFR 
1290.2(c)(1). In reviewing a member for community support compliance, 
FHFA will consider any public comments it has received concerning the 
member. 12 CFR 1290.2(c)(3). To ensure consideration by FHFA, comments 
concerning the community support performance of members being reviewed 
in 2015 must be submitted to FHFA, either by electronic mail to 
hmgcommunitysupportprogram@fhfa.gov, or by fax to 202-649-4130, on or 
before December 31, 2015. 12 CFR 1290.2(c)(2).
    The names of applicable members currently subject to Community 
Support review can be found on the public Web sites for the individual 
Banks at:

Federal Home Loan Bank of Boston--District 1 (Connecticut, 
Massachusetts, New Hampshire, Rhode Island, Vermont) https://www.fhlbboston.com/communitydevelopment/programs/support_statements.jsp
Federal Home Loan Bank of New York--District 2 (New Jersey, New York, 
Puerto Rico) https://www.fhlbny.com/news-events/bulletins-memos/prior-bulletins-memos/2015/bulletin062915.aspx
Federal Home Loan Bank of Pittsburgh--District 3 (Delaware, 
Pennsylvania, West Virginia) https://

[[Page 50854]]

www.fhlb-pgh.com/community-support.html
Federal Home Loan Bank of Atlanta--District 4 (Alabama, District of 
Columbia, Florida, Georgia, Maryland, North Carolina, South Carolina, 
Virginia) https://corp.fhlbatl.com/fhlbank-atlanta-highlights/2015-community-support-review/
Federal Home Loan Bank of Cincinnati--District 5 (Kentucky, Ohio, 
Tennessee) https://web.fhlbcin.com/Documents/Community%20Support%20Public%20Notice%20Master.pdf
Federal Home Loan Bank of Indianapolis--District 6 (Indiana, Michigan) 
https://www.fhlbi.com/housing/documents/LettertoInterestedParties.pdf
Federal Home Loan Bank of Chicago--District 7 (Illinois, Wisconsin) 
https://www.fhlbc.com/ProductsandServices/CommunityInvestmentsandAffordableHousingPrograms/Pages/federal-home-loan-bank-chicago-community-support-statements.aspx
Federal Home Loan Bank of Des Moines--District 8 (Alaska, Guam, Hawaii, 
Idaho, Iowa, Minnesota, Missouri, Montana, North Dakota, Oregon, South 
Dakota, Utah, Washington, Wyoming) https://www.fhlbdm.com/homepage-news-feed/2015-community-support-statement/
Federal Home Loan Bank of Dallas--District 9 (Arkansas, Louisiana, 
Mississippi, New Mexico, Texas) https://www.fhlb.com/membership/Pages/Community-Support-Standards.aspx
Federal Home Loan Bank of Topeka--District 10 (Colorado, Kansas, 
Nebraska, Oklahoma) https://www.fhlbtopeka.com/s/index.cfm?aid=336
Federal Home Loan Bank of San Francisco--District 11 (Arizona, 
California, Nevada) https://www.fhlbsf.com/community/grant/community-support-review.aspx

    Dated: August 17, 2015.
Melvin L. Watt,
Director, Federal Housing Finance Agency.
[FR Doc. 2015-20734 Filed 8-20-15; 8:45 am]
 BILLING CODE 8070-01-P
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