Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 55627 [2015-23250]

Download as PDF Federal Register / Vol. 80, No. 179 / Wednesday, September 16, 2015 / Notices effort to be responsive to industry comments regarding the delayed reporting of loans that are serviced-byothers; and (2) adding two options to the Mortgage Insurance Company item to more consistently identify companies within and across respondents. These changes would be effective December 31, 2015. Schedule B (Home Equity) The Federal Reserve proposes (1) adding two items—Serviced by Others Flag and Reporting As of Month—in an effort to be responsive to industry comments regarding the delayed reporting of loans that are serviced-byothers; and (2) adding the item Payment Type at the End of Draw Period and an option to the Modification Type item to capture the differing risk characteristics based on payment type set on the loan after the draw period has ended. These changes would be effective December 31, 2015. Notice of Intent To Share Information The Office of Financial Research (OFR) of the Department of Treasury has requested access to the FR Y–14A/Q/M reports for use in connection with its statutory mandate ‘‘to evaluate and report on stress tests.’’ The current FR Y–14 collections indicate that the collected data will be kept confidential. Through this proposal, the Board is providing notice that OFR will have access to the FR Y–14A/Q/M reports. The OFR has provided assurances that it will maintain the confidentiality of this information, including that it would limit access to the data to authorized staff and that any publication by the OFR using the reports would not contain confidential information. asabaliauskas on DSK7TPTVN1PROD with NOTICES Request for Additional Feedback Respondents have previously expressed concern, either through industry groups or the Federal Reserve’s Frequently Asked Questions process, regarding the cost and burden of collecting the information related to the Performance of First Lien item of FR Y– 14M Schedule B. As such, respondents either have been unable to report this information or have been doing so inconsistently. During the 60 day public comment period, the Federal Reserve is requesting industry feedback on the item below. If respondents are concerned about providing this information in a public comment letter, the Federal Reserve recommends that responses be submitted anonymously. VerDate Sep<11>2014 18:18 Sep 15, 2015 Jkt 235001 FR Y–14M Schedule B (Home Equity Loan and Home Equity Line) What is the most efficient and costeffective manner to collect the information related to the performance of a first lien that is related to a junior lien reported on FR Y–14M Schedule B? What standards could be established that would make this item easier to report (e.g. use of credit bureau scores as proxy, use of external vendors to procure data, establish threshold limits if the junior lien portfolio is below a certain limit)? Board of Governors of the Federal Reserve System, September 11, 2015. Michael Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–23267 Filed 9–15–15; 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 October 1, 2015. A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice President) 1000 Peachtree Street NE., Atlanta, Georgia 30309: 1. 4580 Trust (Shveta S. Raju and Asha J. Shah, co-trustees), 3490 Trust (Deep J. Shah and Asha J. Shah, cotrustees); 2764 Trust (Deep J. Shah and Shveta S. Raju, co-trustees); and Deep J. Shah, all of Duluth, Georgia, to join the Shah Family control group, which controls voting shares of Touchmark Bancshares, Inc., and thereby indirectly controls voting shares of Touchmark National Bank, both in Alpharetta, Georgia. PO 00000 Frm 00040 Fmt 4703 Sfmt 4703 55627 Board of Governors of the Federal Reserve System, September 11, 2015. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–23250 Filed 9–15–15; 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 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 October 13, 2015. A. Federal Reserve Bank of Philadelphia (William Lang, Senior Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105– 1521: 1. Riverview Financial Corporation, Halifax, Pennsylvania; to acquire The Citizens National Bank of Meyersdale, Meyersdale, Pennsylvania. B. Federal Reserve Bank of St. Louis (Yvonne Sparks, Community Development Officer) P.O. Box 442, St. Louis, Missouri 63166–2034: 1. The Farmers and Merchants Bankshares, Inc., Stuttgart, Arkansas; to acquire 100 percent of the voting shares of Bankshares of Fayetteville, Inc., and thereby indirectly acquire voting shares E:\FR\FM\16SEN1.SGM 16SEN1

Agencies

[Federal Register Volume 80, Number 179 (Wednesday, September 16, 2015)]
[Notices]
[Page 55627]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-23250]


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

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 Sec.  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 October 1, 2015.
    A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice 
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309:
    1. 4580 Trust (Shveta S. Raju and Asha J. Shah, co-trustees), 3490 
Trust (Deep J. Shah and Asha J. Shah, co-trustees); 2764 Trust (Deep J. 
Shah and Shveta S. Raju, co-trustees); and Deep J. Shah, all of Duluth, 
Georgia, to join the Shah Family control group, which controls voting 
shares of Touchmark Bancshares, Inc., and thereby indirectly controls 
voting shares of Touchmark National Bank, both in Alpharetta, Georgia.

    Board of Governors of the Federal Reserve System, September 11, 
2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-23250 Filed 9-15-15; 8:45 am]
BILLING CODE 6210-01-P