Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities, 77633 [2015-31491]
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Federal Register / Vol. 80, No. 240 / Tuesday, December 15, 2015 / Notices
(d) Ways to minimize the burden of
the collection on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and
(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Schedule A (Summary)—Revisions to
Schedule A.2.b (Retail Repurchase)
This schedule would be removed to
reduce reporting burden, effective for
the 2017 DFAST submission.
Schedule A (Summary)—Deletion of
Schedule A.2.c (ASC 310–30)
This schedule would be removed to
reduce reporting burden, effective for
the 2017 DFAST submission.
Schedule A (Summary)—Revisions to
Schedule A.7.c (PPNR Metrics)
In order to fully align the schedule
with the stress scenarios, the beta
information would be collected
according to the scenario instead of the
current ‘‘normal environment’’
requirement, effective for the 2016
DFAST submission.
Counterparty Credit Risk Schedule
This schedule would be removed to
reduce reporting burden effective for the
2016 DFAST submission. Aggregate
counterparty credit risk information will
continue to be obtained through the
Summary Schedule (Schedule A).
Burden Estimates
The FDIC estimates the burden of this
collection as follows:
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Current
Number of Respondents: 4.
Annual Burden per Respondent:
1,040.
Total Annual Burden: 4,160.
Proposed
Estimated Number of Respondents: 4.
Annual Burden per Respondent:
1,114.
Estimated Total Annual Burden:
4,456 hours.
The FDIC recognizes that the Board
has estimated 71,709 hours for bank
holding companies to prepare the
Summary, Macro scenario, Operational
risk, Regulatory capital transitions, and
Regulatory capital instruments for the
FR Y–14A. The FDIC believes that the
systems covered institutions use to
prepare the FR Y–14A reporting
templates will also be used to prepare
the reporting templates described in this
notice. Comments continue to be invited
on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
FDIC, including whether the
information has practical utility;
(b) The accuracy of the FDIC’s
estimate of the burden of the collection
of information;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
VerDate Sep<11>2014
17:08 Dec 14, 2015
Jkt 238001
Dated at Washington, DC, this 10th day of
December.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015–31492 Filed 12–14–15; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL RESERVE SYSTEM
Notice of Proposals To Engage in or
To Acquire Companies Engaged in
Permissible Nonbanking Activities
The companies listed in this notice
have given notice under section 4 of the
Bank Holding Company Act (12 U.S.C.
1843) (BHC Act) and Regulation Y, (12
CFR part 225) to engage de novo, or to
acquire or control voting securities or
assets of a company, including the
companies listed below, that engages
either directly or through a subsidiary or
other company, in a nonbanking activity
that is listed in § 225.28 of Regulation Y
(12 CFR 225.28) or that the Board has
determined by Order to be closely
related to banking and permissible for
bank holding companies. Unless
otherwise noted, these activities will be
conducted throughout the United States.
Each notice is available for inspection
at the Federal Reserve Bank indicated.
The notice also will be available for
inspection at the offices of the Board of
Governors. Interested persons may
express their views in writing on the
question whether the proposal complies
with the standards of section 4 of the
BHC Act.
Unless otherwise noted, comments
regarding the notices must be received
at the Reserve Bank indicated or the
offices of the Board of Governors not
later than January 8, 2016.
A. Federal Reserve Bank of New York
(Ivan Hurwitz, Vice President) 33
Liberty Street, New York, New York
10045–0001:
1. New York Community Bancorp,
Inc., Westbury, New York; to acquire
100 percent of the voting shares of
Astoria Financial Corporation, Lake
Success, New York, and indirectly
acquire Astoria Bank, Long Island City,
New York, and thereby engage in
extending credit and servicing loans,
and in operating a savings association,
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77633
pursuant to sections 225.28 (b)(1) and
(b)(4)(ii).
Board of Governors of the Federal Reserve
System, December 10, 2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015–31491 Filed 12–14–15; 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 January 8,
2016.
A. Federal Reserve Bank of Atlanta
(Chapelle Davis, Assistant Vice
President) 1000 Peachtree Street NE.,
Atlanta, Georgia 30309:
1. CapStar Financial Holdings, Inc.,
Nashville, Tennessee; to become a bank
holding company by acquiring 100
percent of the voting shares of CapStar
Bank, Nashville, Tennessee.
Board of Governors of the Federal Reserve
System, December 10, 2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015–31490 Filed 12–14–15; 8:45 am]
BILLING CODE 6210–01–P
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[Federal Register Volume 80, Number 240 (Tuesday, December 15, 2015)]
[Notices]
[Page 77633]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-31491]
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FEDERAL RESERVE SYSTEM
Notice of Proposals To Engage in or To Acquire Companies Engaged
in Permissible Nonbanking Activities
The companies listed in this notice have given notice under section
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and
Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or
control voting securities or assets of a company, including the
companies listed below, that engages either directly or through a
subsidiary or other company, in a nonbanking activity that is listed in
Sec. 225.28 of Regulation Y (12 CFR 225.28) or that the Board has
determined by Order to be closely related to banking and permissible
for bank holding companies. Unless otherwise noted, these activities
will be conducted throughout the United States.
Each notice is available for inspection at the Federal Reserve Bank
indicated. The notice also will be available for inspection at the
offices of the Board of Governors. Interested persons may express their
views in writing on the question whether the proposal complies with the
standards of section 4 of the BHC Act.
Unless otherwise noted, comments regarding the notices must be
received at the Reserve Bank indicated or the offices of the Board of
Governors not later than January 8, 2016.
A. Federal Reserve Bank of New York (Ivan Hurwitz, Vice President)
33 Liberty Street, New York, New York 10045-0001:
1. New York Community Bancorp, Inc., Westbury, New York; to acquire
100 percent of the voting shares of Astoria Financial Corporation, Lake
Success, New York, and indirectly acquire Astoria Bank, Long Island
City, New York, and thereby engage in extending credit and servicing
loans, and in operating a savings association, pursuant to sections
225.28 (b)(1) and (b)(4)(ii).
Board of Governors of the Federal Reserve System, December 10,
2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-31491 Filed 12-14-15; 8:45 am]
BILLING CODE 6210-01-P
