Savings Associations-Operations, 79460 [2015-32113]

Download as PDF 79460 Federal Register / Vol. 80, No. 245 / Tuesday, December 22, 2015 / Rules and Regulations DEPARTMENT OF JUSTICE DEPARTMENT OF THE TREASURY Executive Office for Immigration Review Office of the Comptroller of the Currency 8 CFR Part 1245 12 CFR Part 163 Adjustment of Status to That of Person Admitted for Permanent Residence Savings Associations—Operations CFR Correction ■ In Title 8 of the Code of Federal Regulations, revised as of January 1, 2015, on page 1052, in § 1245.10, in paragraph (a)(2)(i), remove ‘‘8 CFR chapter’’ and add ‘‘8 CFR chapter I’’ in its place. ■ CFR Correction In Title 12 of the Code of Federal Regulations, Parts 1 to 199, revised as of January 1, 2015, on page 920, in § 163.76, at the end of paragraph (c), reinstate a signature line and date line, and reinstate paragraph (d) to read as follows: § 163.76 Offers and sales of securities at an office of a Federal savings association. [FR Doc. 2015–32118 Filed 12–21–15; 8:45 am] BILLING CODE 1505–01–D * * * (c) * * * * * Signature: llllllllllllllll I. Statutory and Regulatory Background Date: llllllllllllllllll For monetary policy purposes, section DEPARTMENT OF AGRICULTURE (d) For purposes of this section, an ‘‘office’’ of an association means any premises used by the association that are identified to the public through advertising or signage using the association’s name, trade name, or logo. Grain Inspection, Packers and Stockyards Administration 9 CFR Part 201 Regulations Under the Packers and Stockyards Act [FR Doc. 2015–32113 Filed 12–21–15; 8:45 am] BILLING CODE 1505–01–D CFR Correction In Title 9 of the Code of Federal Regulations, Part 200 to End, revised as of January 1, 2015, on page 27, in § 201.100, in paragraph (c)(2)(v), add ‘‘and’’ at the end of the paragraph, after the semicolon. ■ [FR Doc. 2015–32119 Filed 12–21–15; 8:45 am] FEDERAL RESERVE SYSTEM 12 CFR Part 204 [Regulation D; Docket No. R–1527] RIN 7100 AE–41 BILLING CODE 1505–01–D Reserve Requirements of Depository Institutions DEPARTMENT OF AGRICULTURE AGENCY: Food Safety and Inspection Service Board of Governors of the Federal Reserve System. ACTION: Final rule. 9 CFR Part 317 SUMMARY: Labeling, Marking Devices, and Containers CFR Correction In Title 9 of the Code of Federal Regulations, Part 200 to End, revised as of January 1, 2015, on page 218, make the following changes: 1. In § 317.344, remove the term ‘‘ground pork’’. rmajette on DSK2TPTVN1PROD with RULES ■ 2. In § 317.345, in paragraph (d), remove the word ‘‘should’’ and add in its place ‘‘for products covered in paragraphs (a)(1) and (a)(2) must’’. ■ [FR Doc. 2015–32120 Filed 12–21–15; 8:45 am] BILLING CODE 1505–01–D VerDate Sep<11>2014 15:05 Dec 21, 2015 Jkt 238001 The amendments to part 204 (Regulation D) are effective December 22, 2015. The IORR and IOER rate changes were applicable on December 17, 2015, as specified in 12 CFR 204.10(b)(5), as amended. FOR FURTHER INFORMATION CONTACT: Clinton N. Chen, Attorney (202–452– 3952), or Stephanie Martin, Associate General Counsel (202–452–3198), Legal Division, or Thomas R. Keating, Financial Analyst (202–973–7401), or Laura Lipscomb, Section Chief (202– 973–7964), Division of Monetary Affairs; for users of Telecommunications Device for the Deaf (TDD) only, contact (202–263–4869); Board of Governors of the Federal Reserve System, 20th and C Streets NW., Washington, DC 20551. SUPPLEMENTARY INFORMATION: DATES: The Board of Governors of the Federal Reserve System (‘‘Board’’) is amending Regulation D (Reserve Requirements of Depository Institutions) to revise the rate of interest paid on balances maintained to satisfy reserve balance requirements (‘‘IORR’’) and the rate of interest paid on excess balances (‘‘IOER’’) maintained at Federal Reserve Banks by or on behalf of eligible institutions. The final amendments specify that IORR is 0.50 percent and IOER is 0.50 percent, a 0.25 percentage point increase from their prior levels. The amendments are intended to enhance the role of such rates of interest in moving the Federal funds rate into the target range established by the Federal Open Market Committee (‘‘FOMC’’ or ‘‘Committee’’). PO 00000 Frm 00002 Fmt 4700 Sfmt 4700 19 of the Federal Reserve Act (‘‘the Act’’) imposes reserve requirements on certain types of deposits and other liabilities of depository institutions. Regulation D, which implements section 19 of the Act, requires that a depository institution meet reserve requirements by holding cash in its vault, or if vault cash is insufficient, by maintaining a balance in an account at a Federal Reserve Bank (‘‘Reserve Bank’’).1 Section 19 also provides that balances maintained by or on behalf of certain institutions in an account at a Reserve Bank may receive earnings to be paid by the Reserve Bank at least once each quarter, at a rate or rates not to exceed the general level of short-term interest rates. Institutions that are eligible to receive earnings on their balances held at Reserve Banks (‘‘eligible institutions’’) include depository institutions and certain other institutions.2 Section 19 also provides 1 12 CFR 204.5(a)(1). 19(b)(1)(A) defines ‘‘depository institution’’ as any insured bank as defined in section 3 of the Federal Deposit Insurance Act or any bank which is eligible to make application to become an insured bank under section 5 of such Act; any mutual savings bank as defined in section 3 of the Federal Deposit Insurance Act or any bank which is eligible to make application to become an insured bank under section 5 of such Act; any savings bank as defined in section 3 of the Federal Deposit Insurance Act or any bank which is eligible to make application to become an insured bank under section 5 of such Act; any insured credit union as defined in section 101 of the Federal Credit Union Act or any credit union which is eligible to make application to become an insured credit union pursuant to section 201 of such Act; any member as defined in section 2 of the Federal Home Loan Bank Act; [and] any savings association (as defined in section 3 of the Federal Deposit Insurance Act) which is an insured depository institution (as defined in such Act) or is eligible to apply to become an insured depository institution under the Federal Deposit Insurance Act. See 12 2 Section E:\FR\FM\22DER1.SGM 22DER1

Agencies

[Federal Register Volume 80, Number 245 (Tuesday, December 22, 2015)]
[Rules and Regulations]
[Page 79460]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-32113]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

12 CFR Part 163


Savings Associations--Operations

CFR Correction

0
In Title 12 of the Code of Federal Regulations, Parts 1 to 199, revised 
as of January 1, 2015, on page 920, in Sec.  163.76, at the end of 
paragraph (c), reinstate a signature line and date line, and reinstate 
paragraph (d) to read as follows:


Sec.  163.76  Offers and sales of securities at an office of a Federal 
savings association.

* * * * *
    (c) * * *

Signature:-------------------------------------------------------------
Date:------------------------------------------------------------------

    (d) For purposes of this section, an ``office'' of an association 
means any premises used by the association that are identified to the 
public through advertising or signage using the association's name, 
trade name, or logo.

[FR Doc. 2015-32113 Filed 12-21-15; 8:45 am]
BILLING CODE 1505-01-D