Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies; Correction, 69968-69969 [2015-28721]

Download as PDF 69968 Federal Register / Vol. 80, No. 218 / Thursday, November 12, 2015 / Notices FEDERAL RESERVE SYSTEM Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB Board of Governors of the Federal Reserve System. SUMMARY: Notice is hereby given of the final approval of a proposed information collection by the Board of Governors of the Federal Reserve System (Board) under OMB delegated authority. Boardapproved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the Paperwork Reduction Act Submission, supporting statements and approved collection of information instrument(s) are placed into OMB’s public docket files. The Federal Reserve may not conduct or sponsor, and the respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number. FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Acting Clearance Officer—Nuha Elmaghrabi—Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551 (202) 452–3829. Telecommunications Device for the Deaf (TDD) users may contact (202) 263–4869, Board of Governors of the Federal Reserve System, Washington, DC 20551. OMB Desk Officer—Shagufta Ahmed— Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street NW., Washington, DC 20503. Final approval under OMB delegated authority of the extension for three years, without revision, of the following report: Report title: Recordkeeping and Disclosure Requirements Associated with the Regulations Implementing the Fair Credit Reporting Act (Regulation V). Agency form number: Reg V. OMB control number: 7100–0308. Frequency: On occasion. Reporters: Financial institutions and consumers. Estimated annual reporting hours: Negative information notice: 375 hours; Affiliate marketing: Notices to consumers, 25,236 hours and Consumer response, 106,833 hours; Red flags: 74,888 hours; Address discrepancies: 6,000 hours; Risk-based pricing: Notice to consumers, 90,000 hours; Furnisher duties: Policies and procedures, 60,000 mstockstill on DSK4VPTVN1PROD with NOTICES AGENCY: VerDate Sep<11>2014 18:15 Nov 10, 2015 Jkt 238001 hours and Notice of frivolous disputes to consumers, 142,792 hours. Estimated average hours per response: Negative information notice: 15 minutes; Affiliate marketing: Notices to consumers, 18 hours and Consumer response, 5 minutes; Red flags: 37 hours; Address discrepancies: 4 hours; Risk-based pricing: Notice to consumers, 5 hours; Furnisher duties: Policies and procedures, 40 hours and Notice of frivolous disputes to consumers, 14 minutes. Number of respondents: Negative information notice: 1,500 financial institutions; Affiliate marketing: Notices to consumers, 1,402 financial institutions and 1,282,000 Consumer response; Red flags: 2,024 financial institutions; Address discrepancies: 1,500 financial institutions; Risk-based pricing: Notice to consumers, 1,500 financial institutions; Furnisher duties: Policies and procedures, 1,500 financial institutions and 611,966, Notice of frivolous disputes to consumers. General description of report: This information collection is mandatory pursuant to Dodd-Frank Wall Street Reform and Consumer Protection Act (12 U.S.C. 5519) and the Fair Credit Reporting Act (FCRA) (15 U.S.C. 1681m, 1681w, and 1681s). Because the notices and disclosures required are not provided to the Federal Reserve, and all records thereof are maintained at state member banks, no issue of confidentiality arises under the Freedom of Information Act. Abstract: The FCRA was enacted in 1970 based on a Congressional finding that the banking system is dependent on fair and accurate credit reporting.1 The FCRA was enacted to ensure consumer reporting agencies exercise their responsibilities with fairness, impartiality, and a respect for the consumer’s right to privacy. The FCRA requires consumer reporting agencies to adopt reasonable procedures that are fair and equitable to the consumer with regard to the confidentiality, accuracy, relevancy, and proper utilization of consumer information. Congress substantially amended the FCRA upon the passage of the Fair and Accurate Credit Transactions Act of 2003 (FACT Act).2 The FACT Act created many new responsibilities for consumer reporting agencies and users of consumer reports. It contained many new consumer disclosure requirements, as well as provisions to address identity 1 The FCRA is one part of the Consumer Credit Protection Act which also includes the Truth in Lending Act, Equal Credit Opportunity Act, and Fair Debt Collection Practices Act. 15 U.S.C. 1601 et seq. 2 Public Law 108–159, 117 Stat. 1952. PO 00000 Frm 00034 Fmt 4703 Sfmt 4703 theft. In addition, the FACT Act provided consumers with the right to obtain a copy of their consumer report annually without cost. Improving consumers’ access to their credit report is intended to help increase the accuracy of data in the consumer reporting system. Since 2011, the Consumer Financial Protection Bureau has been responsible for issuing most FCRA regulations. The Federal Reserve retained rule-writing authority for certain provisions of the FCRA applicable to motor vehicle dealers and provisions of the FCRA that require identity theft prevention programs, regulate the disposal of consumer information, and require card issuers to validate consumers’ notifications of changes of address. Current Actions: On August 11, 2015, the Federal Reserve published a notice in the Federal Register (80 FR 48104) requesting public comment for 60 days on the extension, without revision, of the Recordkeeping and Disclosure Requirements Associated with the Regulations Implementing the Fair Credit Reporting Act (Regulation V) . The comment period for this notice expired on October 13, 2015. The Federal Reserve did not receive any comments. The information collection will be extended for three years, without revision, as proposed. Board of Governors of the Federal Reserve System, November 5, 2015. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2015–28653 Filed 11–10–15; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies; Correction This notice corrects a notice (FR Doc. 2015–28261) published on page 68540 of the issue for Thursday, November 5, 2015. Under the Federal Reserve Bank of Atlanta, the entry for Oculina Banc Corp, Vero Beach, Florida, is revised to read as follows: A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice President) 1000 Peachtree Street NE., Atlanta, Georgia 30309: 1. Oculina Banc Corp, Vero Beach, Florida; proposes to merge with its parent company, Colonial Banc Corp, Vero Beach, Florida. Oculina Banc Corp will survive the merger. Colonial Banc Corp and Oculina Banc Corp control Oculina Bank, Fort Pierce, Florida. E:\FR\FM\12NON1.SGM 12NON1 Federal Register / Vol. 80, No. 218 / Thursday, November 12, 2015 / Notices Comments on this application must be received by November 30, 2015. Board of Governors of the Federal Reserve System, November 6, 2015. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–28721 Filed 11–10–15; 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 November 27, 2015. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. AB Anderson Family Trust, Oneida, Illinois, and John W. Anderson, Galesburg, Illinois, individually and as trustee of the AB Anderson Family Trust, together as a group acting in concert with Ann Mustard, Dulles, Virginia, and B. Susan Hill, Galesburg, Illinois; to retain voting shares of Anderson Bancorp, Inc., and indirectly retain voting shares of Anderson State Bank, both in Oneida, Illinois. Board of Governors of the Federal Reserve System, November 6, 2015. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–28720 Filed 11–10–15; 8:45 am] BILLING CODE 6210–01–P mstockstill on DSK4VPTVN1PROD with NOTICES 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 VerDate Sep<11>2014 18:15 Nov 10, 2015 Jkt 238001 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 December 7, 2015. A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice President) 1000 Peachtree Street NE., Atlanta, Georgia 30309: 1. Ameris Bancorp, Moultrie, Georgia; to merge with Jacksonville Bancorp, Inc., and thereby indirectly acquire The Jacksonville Bank, both of Jacksonville, Florida. 69969 loan 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 application also will 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 HOLA (12 U.S.C. 1467a(e)). 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 10(c)(4)(B) of the HOLA (12 U.S.C. 1467a(c)(4)(B)). 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 December 7, 2015. A. Federal Reserve Bank of Boston (Prabal Chakrabarti, Senior Vice President) 600 Atlantic Avenue, Boston, Massachusetts 02210–2204: 1. Radius Investment Corp., and Radius Merger Sub, Inc., both in Boston, Massachusetts; to become savings and loan holding companies by acquiring Radius Bancorp, Inc., and thereby indirectly acquiring Radius Bank, both in Boston, Massachusetts. Board of Governors of the Federal Reserve System, November 6, 2015. Michael J. Lewandowski, Associate Secretary of the Board. Board of Governors of the Federal Reserve System, November 6, 2015. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–28722 Filed 11–10–15; 8:45 am] [FR Doc. 2015–28719 Filed 11–10–15; 8:45 am] BILLING CODE 6210–01–P FEDERAL RETIREMENT THRIFT INVESTMENT BOARD FEDERAL RESERVE SYSTEM Senior Executive Service Performance Review Board BILLING CODE 6210–01–P Federal Retirement Thrift Investment Board. ACTION: Notice. Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies AGENCY: The companies listed in this notice have applied to the Board for approval, pursuant to the Home Owners’ Loan Act (12 U.S.C. 1461 et seq.) (HOLA), Regulation LL (12 CFR part 238), and Regulation MM (12 CFR part 239), and all other applicable statutes and regulations to become a savings and loan holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a savings association and nonbanking companies owned by the savings and SUMMARY: PO 00000 Frm 00035 Fmt 4703 Sfmt 4703 This notice announces the appointment of the members of the Senior Executive Service Performance Review Boards for the Federal Retirement Thrift Investment Board. The purpose of the Performance Review Boards is to make written recommendations on annual summary ratings and awards to the appointing authorities on the performance of senior executives. DATES: This notice is effective November 6, 2015. E:\FR\FM\12NON1.SGM 12NON1

Agencies

[Federal Register Volume 80, Number 218 (Thursday, November 12, 2015)]
[Notices]
[Pages 69968-69969]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-28721]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Savings and Loan 
Holding Companies; Correction

    This notice corrects a notice (FR Doc. 2015-28261) published on 
page 68540 of the issue for Thursday, November 5, 2015.
    Under the Federal Reserve Bank of Atlanta, the entry for Oculina 
Banc Corp, Vero Beach, Florida, is revised to read as follows:
    A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice 
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309:
    1. Oculina Banc Corp, Vero Beach, Florida; proposes to merge with 
its parent company, Colonial Banc Corp, Vero Beach, Florida. Oculina 
Banc Corp will survive the merger. Colonial Banc Corp and Oculina Banc 
Corp control Oculina Bank, Fort Pierce, Florida.

[[Page 69969]]

    Comments on this application must be received by November 30, 2015.

    Board of Governors of the Federal Reserve System, November 6, 
2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-28721 Filed 11-10-15; 8:45 am]
 BILLING CODE 6210-01-P