Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 11564 [2016-04819]

Download as PDF jstallworth on DSK7TPTVN1PROD with NOTICES 11564 Federal Register / Vol. 81, No. 43 / Friday, March 4, 2016 / Notices Title: Section 64.1903, Obligations of Independent Incumbent Local Exchange Carriers (LECs) Subject to Rate of Return Regulation. Form Number: N/A. Type of Review: Extension of a currently approved collection. Respondents: Business or other forprofit. Number of Respondents and Responses: 255 respondents; 255 responses. Estimated Time per Response: 500 hours–6,056 hours. Frequency of Response: Recordkeeping requirements. Obligation to Respond: Mandatory. Statutory authority for this information collection is contained in 47 U.S.C. 151, 152, 154, 201, 202, 251, 271, 272, and 303(r) of the Communications Act of 1934, as amended. Total Annual Burden: 155,280 hours. Total Annual Cost: No cost. Privacy Impact Assessment: No impact(s). Nature and Extent of Confidentiality: There is no need for confidentiality. Needs and Uses: The Commission will submit this collection to the Office of Management and Budget (OMB) for approval of an extension of an existing collection in order to obtain the three year clearance from them. The Commission imposed recordkeeping requirements on independent local exchange carriers (LECs). Independent incumbent LECs wishing to offer international, interexchange services must comply with the requirements of the Competitive Carrier Fifth Report and Order, CC Docket Nos. 96–149, 96–61 and 00–175. One of the requirements is that the independent incumbent LEC’s international, interexchange affiliate (for facilities-based providers of international, interexchange services) must maintain books of account separate from such LEC’s local exchange and other activities. See 47 CFR 64.1903 for the specific recordkeeping requirements. In May of 2013, the Commission granted, in part, a petition for forbearance from the separate affiliate requirement, 47 CFR 64.1903, for independent incumbent local exchange carriers (LECs) that are subject to price cap regulation and adopted a Second Further Notice of Proposed Rulemaking to consider modifying or eliminating the separate affiliate requirement for independent incumbent LECs that are subject to rate-of-return regulation, see Petition of USTelecom for Forbearance Under 47 U.S.C. 160(C) From Enforcement of Certain Legacy Telecommunications Regulations, 28 FCC Rcd. 7627 (2013). Accordingly, VerDate Sep<11>2014 15:22 Mar 03, 2016 Jkt 238001 there has been a change to recordkeeping requirement and the Commission’s previous burden estimates. This recordkeeping requirement is used by the Commission to ensure that independent incumbent LECs that provide international, interexchange services do so in compliance with the Communications Act, as amended, and with Commission policies and regulations. Federal Communications Commission. Gloria J. Miles, Federal Register Liaison Officer, Office of the Secretary. and Trust Company, Center Point, Iowa; Peoples Trust and Savings Bank, Riverside, Iowa; Hiawatha Bank and Trust Company, Hiawatha, Iowa; White State Bank, South English, Iowa; The Exchange State Bank, Springville, Iowa; Lone Tree Service Company, Lone Tree, Iowa, and Farmers and Merchants Savings Bank, Iowa City, Iowa. Board of Governors of the Federal Reserve System, March 1, 2016. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2016–04819 Filed 3–3–16; 8:45 am] BILLING CODE 6210–01–P [FR Doc. 2016–04840 Filed 3–3–16; 8:45 am] BILLING CODE 6712–01–P FEDERAL RESERVE SYSTEM FEDERAL RESERVE SYSTEM Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB 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 March 21, 2016. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. Thomas R. Bernau, Des Moines, Iowa, and John W. Bernau, Manchester, Iowa, each individually and as cotrustees of the Kay J. A. Bernau Marital Election Trust and the Kay J. A. Bernau Marital Trust; and together as a family control group acting in concert with the Bernau Family Control Group consisting of the William R. and Kay J. A. Bernau Family Trust for Thomas R. Bernau and the William R. and Kay J. A. Bernau Family Trust for John W. Bernau, all of Iowa City, Iowa; to retain voting shares of Country Bancorporation, and thereby indirectly retain voting shares of Peoples Savings Bank, both in Crawfordsville, Iowa; Walker State Bank, Walker, Iowa; Center Point Bank PO 00000 Frm 00057 Fmt 4703 Sfmt 4703 Board of Governors of the Federal Reserve System. AGENCY: Notice is hereby given of the final approval of proposed information collections 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. SUMMARY: 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 implementation of the following report: E:\FR\FM\04MRN1.SGM 04MRN1

Agencies

[Federal Register Volume 81, Number 43 (Friday, March 4, 2016)]
[Notices]
[Page 11564]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-04819]


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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 March 21, 2016.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Thomas R. Bernau, Des Moines, Iowa, and John W. Bernau, 
Manchester, Iowa, each individually and as co-trustees of the Kay J. A. 
Bernau Marital Election Trust and the Kay J. A. Bernau Marital Trust; 
and together as a family control group acting in concert with the 
Bernau Family Control Group consisting of the William R. and Kay J. A. 
Bernau Family Trust for Thomas R. Bernau and the William R. and Kay J. 
A. Bernau Family Trust for John W. Bernau, all of Iowa City, Iowa; to 
retain voting shares of Country Bancorporation, and thereby indirectly 
retain voting shares of Peoples Savings Bank, both in Crawfordsville, 
Iowa; Walker State Bank, Walker, Iowa; Center Point Bank and Trust 
Company, Center Point, Iowa; Peoples Trust and Savings Bank, Riverside, 
Iowa; Hiawatha Bank and Trust Company, Hiawatha, Iowa; White State 
Bank, South English, Iowa; The Exchange State Bank, Springville, Iowa; 
Lone Tree Service Company, Lone Tree, Iowa, and Farmers and Merchants 
Savings Bank, Iowa City, Iowa.

    Board of Governors of the Federal Reserve System, March 1, 2016.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2016-04819 Filed 3-3-16; 8:45 am]
 BILLING CODE 6210-01-P