Notice of Termination; 10157 First Security National Bank, Norcross, Georgia, 60679 [2015-25418]
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Federal Register / Vol. 80, No. 194 / Wednesday, October 7, 2015 / Notices
asabaliauskas on DSK5VPTVN1PROD with NOTICES
Average time per response: 4 hours
per respondent.
Estimated Total Annual Burden: 4
hours × 2,000 respondents = 8,000
hours.
General Description of Collection
Small businesses are an important
component of the U.S. economy.
According to the Small Business
Administration, small firms accounted
for almost half of private-sector
employment and 63 percent of net new
jobs between mid-1993 and 2013.1
Many small businesses have little or no
direct access to capital markets and are
thus reliant on bank financing. For
banks, small business lending is an
important way that they help meet their
communities’ needs, especially for the
many banks that primarily focus on
commercial rather than consumer
lending.
Due to the importance of small
businesses to the U.S. economy and the
importance of bank lending to small
businesses, the proposed FDIC Small
Business Lending Survey, which
surveys banks, will provide important
data to complement existing sources of
data on small business lending. The
proposed survey data will not duplicate
existing sources of data and will provide
additional insight into many aspects of
small business lending.
The FDIC Small Business Lending
Survey, proposed to begin data
collection in May 2016, is designed to
yield heretofore unavailable nationallyrepresentative estimates on the volume
and details of small business loans
extended by FDIC-insured banks. In
addition, the survey will provide new
information on banks’ perceived
competition and market area for small
business lending. The survey will yield
nationally representative estimates of
small business lending by banks of
several different asset size categories
and with different levels of urban or
rural presence.
In addition to the questions on small
business lending, the new survey will
include some questions related to
consumer transaction accounts that are
directly responsive to the mandate in
Section 7 of the Federal Deposit
Insurance Reform Conforming
Amendments Act of 2005 (‘‘Reform
Act’’) (Pub. L. 109–173), which calls for
the FDIC to conduct ongoing surveys
‘‘on efforts by insured depository
institutions to bring those individuals
and families who have rarely, if ever,
held a checking account, a savings
account or other type of transaction or
check cashing account at an insured
depository institution (hereafter in this
section referred to as the ‘unbanked’)
into the conventional finance system.’’
Section 7 of the Reform Act further
instructs the FDIC to consider several
factors in its conduct of the surveys,
including: ‘‘what cultural, language and
identification issues as well as
transaction costs appear to most prevent
‘unbanked’ individuals from
establishing conventional accounts’’.
The consumer account-focused
questions are designed to provide a
factual basis for examining
identification issues and transaction
costs related to establishing mainstream
transaction accounts at banks. These
consumer account-focused questions
have been added to the Small Business
Lending Survey in lieu of fielding a
separate second survey to respond to the
Congressional mandate. The
consolidation of these efforts is
expected to reduce the burden on banks
relative to fielding two separate surveys.
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; (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.
The FDIC will consider all comments
to determine the extent to which the
information collection should be
modified prior to submission to OMB
for review and approval. After the
comment period closes, comments will
be summarized and/or included in the
FDIC’s request to OMB for approval of
the collection. All comments will
become a matter of public record.
Dated at Washington, DC, this 2nd day of
October, 2015.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015–25507 Filed 10–6–15; 8:45 am]
BILLING CODE 6714–01–P
i https://www.sba.gov/sites/default/files/
FAQ_March_2014_0.pdf, accessed Sep 15, 2015.
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60679
FEDERAL DEPOSIT INSURANCE
CORPORATION
Notice of Termination; 10157 First
Security National Bank, Norcross,
Georgia
The Federal Deposit Insurance
Corporation (FDIC), as Receiver for
10157 First Security National Bank,
Norcross, Georgia (Receiver) has been
authorized to take all actions necessary
to terminate the receivership estate of
First Security National Bank
(Receivership Estate); The Receiver has
made all dividend distributions
required by law.
The Receiver has further irrevocably
authorized and appointed FDICCorporate as its attorney-in-fact to
execute and file any and all documents
that may be required to be executed by
the Receiver which FDIC-Corporate, in
its sole discretion, deems necessary;
including but not limited to releases,
discharges, satisfactions, endorsements,
assignments and deeds.
Effective October 01, 2015 the
Receivership Estate has been
terminated, the Receiver discharged,
and the Receivership Estate has ceased
to exist as a legal entity.
Dated: October 1, 2015.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015–25418 Filed 10–6–15; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Notice of Termination; 10090 Security
Bank of North Metro, Woodstock,
Georgia
The Federal Deposit Insurance
Corporation (FDIC), as Receiver for
10090 Security Bank of North Metro,
Woodstock, Georgia (Receiver) has been
authorized to take all actions necessary
to terminate the receivership estate of
Security Bank of North Metro
(Receivership Estate); The Receiver has
made all dividend distributions
required by law.
The Receiver has further irrevocably
authorized and appointed FDICCorporate as its attorney-in-fact to
execute and file any and all documents
that may be required to be executed by
the Receiver which FDIC-Corporate, in
its sole discretion, deems necessary;
including but not limited to releases,
discharges, satisfactions, endorsements,
assignments and deeds.
Effective October 1, 2015 the
Receivership Estate has been
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[Federal Register Volume 80, Number 194 (Wednesday, October 7, 2015)]
[Notices]
[Page 60679]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-25418]
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FEDERAL DEPOSIT INSURANCE CORPORATION
Notice of Termination; 10157 First Security National Bank,
Norcross, Georgia
The Federal Deposit Insurance Corporation (FDIC), as Receiver for
10157 First Security National Bank, Norcross, Georgia (Receiver) has
been authorized to take all actions necessary to terminate the
receivership estate of First Security National Bank (Receivership
Estate); The Receiver has made all dividend distributions required by
law.
The Receiver has further irrevocably authorized and appointed FDIC-
Corporate as its attorney-in-fact to execute and file any and all
documents that may be required to be executed by the Receiver which
FDIC-Corporate, in its sole discretion, deems necessary; including but
not limited to releases, discharges, satisfactions, endorsements,
assignments and deeds.
Effective October 01, 2015 the Receivership Estate has been
terminated, the Receiver discharged, and the Receivership Estate has
ceased to exist as a legal entity.
Dated: October 1, 2015.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015-25418 Filed 10-6-15; 8:45 am]
BILLING CODE 6714-01-P
