Notice of Termination; 10159 Valley Capital Bank, N.A.; Mesa, Arizona, 69818-69819 [2016-24361]

Download as PDF mstockstill on DSK3G9T082PROD with NOTICES 69818 Federal Register / Vol. 81, No. 195 / Friday, October 7, 2016 / Notices at the last addresses of record appearing in Commission records. Redes should send its response to Denise Coca, Chief, Telecommunications and Analysis Division, International Bureau via email at Denise.Coca@fcc.gov and to Veronica Garcia-Ulloa, Attorney Advisor, Telecommunications and Analysis Division, International Bureau at Veronica.Garcia-Ulloa@fcc.gov and file it in IBFS under File No. ITC–214– 20070515–00189. FOR FURTHER INFORMATION CONTACT: For further information, please contact Veronica Garcia-Ulloa, Attorney Advisor, Telecommunications and Analysis Division, International Bureau, (202) 418–0481. SUPPLEMENTARY INFORMATION: In the Executive Branch April 13, 2016 Letter, the Agencies state that Redes is no longer in business. The Agencies indicate that they issued their nonobjection to the Commission granting the authorization provided that Redes abide by the commitments and undertakings contained in the July 10, 2007 Letter that Redes entered into with the Agencies. On July 5, 2016, the Bureau’s Telecommunications and Analysis Division sent a letter to Redes at the last known addresses on record via certified, return receipt mail, asking Redes to respond to the Agencies’ allegations by August 3, 2016. The Bureau July 5, 2016 Letter stated that failure to respond would result in the issuance of an order to terminate Redes’ international section 214 authorization. Redes did not respond to the request. The FCC Form 499 Database states that Redes is no longer active as of May 1, 2009, and that the company has gone out of business in its entirety. In addition, Redes may also be in violation of several other Commission rules and requirements. After having received an international section 214 authorization, pursuant to section 63.21(a), a carrier ‘‘is responsible for the continuing accuracy of the certifications made in its application’’ and must correct information no longer accurate, ‘‘and in any event, within thirty (30) days.’’ There is no indication that Redes is currently providing service pursuant to its international section 214 authorization. If Redes has discontinued service that affected customers, it may also be in violation of section 63.19(a) of the Commission’s rules requiring prior notification for such a discontinuance. As part of its authorization, Redes must file annual international telecommunications traffic and revenue as required by section 43.62 of the Commission rules. Section 43.62(b) states that ‘‘[n]ot later than July VerDate Sep<11>2014 17:36 Oct 06, 2016 Jkt 241001 31 of each year, each person or entity that holds an authorization pursuant to section 214 to provide international telecommunications service shall report whether it provided international telecommunications services during the preceding calendar year.’’ Our records indicate that Redes has not filed an annual international telecommunications traffic and revenue report indicating whether or not Redes provided services in 2014 and 2015 and may be in violation of section 43.62 of the Commission rules. All carriers were required to file their section 43.62 traffic and revenue reports for data as of December 31, 2014 by July 31, 2015 and for data as of December 31, 2015 by July 31, 2016. Furthermore, Redes has an outstanding debt and consequently its account is red lighted through the Red Light Display System. Redes must visit the Commission’s Red Light Display System’s to pay its outstanding debt. Redes’ outstanding debt involves regulatory fees. In addition to financial penalties, section 159(c)(3) of the Communications Act and section 1.1164(f) of the Commission’s rules grant the Commission the authority to revoke authorizations for failure to timely pay regulatory fees. Redes’ failure to respond to this Public Notice will be deemed as an admission of the facts alleged by the Agencies and of the violations of the statutory and rule provisions set out above. The Bureau hereby provides final notice to Redes that it intends to take action to declare Redes’ international 214 authorization terminated for failure to comply with conditions of its authorization. We further advise Redes that its non-compliance with the applicable regulatory provisions would warrant termination wholly apart from demonstrating Redes’ inability to satisfy the conditions of its authorization. Redes must respond to this Public Notice and address the issues alleged in the Executive Branch April 13, 2016 Letter, no later than 15 days after publication in the Federal Register. The proceeding in this Notice shall be treated as a ‘‘permit-but-disclose’’ proceeding in accordance with the Commission’s ex parte rules. Federal Communications Commission. Denise Coca, Chief, Telecommunications & Analysis Division, International Bureau. [FR Doc. 2016–24291 Filed 10–6–16; 8:45 am] BILLING CODE 6712–01–P PO 00000 Frm 00041 Fmt 4703 Sfmt 4703 FEDERAL DEPOSIT INSURANCE CORPORATION Notice of Termination; 10281 Independent National Bank; Ocala, Florida The Federal Deposit Insurance Corporation (FDIC), as Receiver for 10281 Independent National Bank, Ocala, Florida (Receiver) has been authorized to take all actions necessary to terminate the receivership estate of Independent 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 1, 2016, the Receivership Estate has been terminated, the Receiver discharged, and the Receivership Estate has ceased to exist as a legal entity. Dated: October 4, 2016 Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2016–24362 Filed 10–6–16; 8:45 am] BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Notice of Termination; 10159 Valley Capital Bank, N.A.; Mesa, Arizona The Federal Deposit Insurance Corporation (FDIC), as Receiver for 10159 Valley Capital Bank, N.A., Mesa, Arizona (Receiver) has been authorized to take all actions necessary to terminate the receivership estate of Valley Capital Bank, N.A. (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, 2016, the Receivership Estate has been terminated, the Receiver discharged, E:\FR\FM\07OCN1.SGM 07OCN1 Federal Register / Vol. 81, No. 195 / Friday, October 7, 2016 / Notices and the Receivership Estate has ceased to exist as a legal entity. Dated: October 4, 2016. Federal Deposit Insurance Corporation Robert E. Feldman, Executive Secretary. [FR Doc. 2016–24361 Filed 10–6–16; 8:45 am] BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Notice of Termination; 10082 Temecula Valley Bank, Temecula, California The Federal Deposit Insurance Corporation (FDIC), as Receiver for 10082 Temecula Valley Bank, Temecula, California (Receiver) has been authorized to take all actions necessary to terminate the receivership estate of Temecula Valley 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 1, 2016, the Receivership Estate has been terminated, the Receiver discharged, and the Receivership Estate has ceased to exist as a legal entity. Dated: October 4, 2016. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2016–24289 Filed 10–6–16; 8:45 am] BILLING CODE 6714–01–P FEDERAL HOUSING FINANCE AGENCY [No. 2016–N–09] Proposed Collection; Comment Request Federal Housing Finance Agency. ACTION: 60-Day notice of submission of information collection for approval from Office of Management and Budget. mstockstill on DSK3G9T082PROD with NOTICES AGENCY: In accordance with the requirements of the Paperwork Reduction Act of 1995, the Federal Housing Finance Agency (FHFA or the Agency) is seeking public comments SUMMARY: VerDate Sep<11>2014 17:36 Oct 06, 2016 Jkt 241001 concerning the currently-approved information collection known as ‘‘Federal Home Loan Bank Capital Stock,’’ which has been assigned control number 2590–0002 by the Office of Management and Budget (OMB) (the collection was previously known as ‘‘Capital Requirements for the Federal Home Loan Banks’’). FHFA intends to submit the information collection to OMB for review and approval of a threeyear extension of the control number, which is due to expire on December 31, 2016. DATES: Interested persons may submit comments on or before December 6, 2016. ADDRESSES: Submit comments to FHFA, identified by ‘‘Proposed Collection; Comment Request: ‘Federal Home Loan Bank Capital Stock, (No. 2016–N–09)’ ’’ by any of the following methods: • Agency Web site: www.fhfa.gov/ open-for-comment-or-input. • Federal eRulemaking Portal: https:// www.regulations.gov. Follow the instructions for submitting comments. If you submit your comment to the Federal eRulemaking Portal, please also send it by email to FHFA at RegComments@fhfa.gov to ensure timely receipt by the agency. • Mail/Hand Delivery: Federal Housing Finance Agency, Eighth Floor, 400 Seventh Street SW., Washington, DC 20219, ATTENTION: Proposed Collection; Comment Request: ‘‘Federal Home Loan Bank Capital Stock, (No. 2016–N–09)’’. We will post all public comments we receive without change, including any personal information you provide, such as your name and address, email address, and telephone number, on the FHFA Web site at https://www.fhfa.gov. In addition, copies of all comments received will be available for examination by the public on business days between the hours of 10 a.m. and 3 p.m., at the Federal Housing Finance Agency, Eighth Floor, 400 Seventh Street SW., Washington, DC 20219. To make an appointment to inspect comments, please call the Office of General Counsel at (202) 649–3804. FOR FURTHER INFORMATION CONTACT: Jonathan F. Curtis, Financial Analyst, Division of Federal Home Loan Bank Regulation, at (202) 649–3321, by email at Jonathan.Curtis@fhfa.gov or by telephone at (202) 649–3321; or Eric Raudenbush, Associate General Counsel, by email at Eric.Raudenbush@ fhfa.gov or by telephone at (202) 649– 3084, (these are not toll-free numbers), Federal Housing Finance Agency, 400 Seventh Street SW., Washington, DC 20219. The Telecommunications Device PO 00000 Frm 00042 Fmt 4703 Sfmt 4703 69819 for the Hearing Impaired is (800) 877– 8339. SUPPLEMENTARY INFORMATION: A. Need for and Use of the Information Collection The Federal Home Loan Bank System consists of eleven regional Federal Home Loan Banks (Banks) and the Office of Finance (a joint office that issues and services the Banks’ debt securities). The Banks are wholesale financial institutions, organized under authority of the Federal Home Loan Bank Act (Bank Act) to serve the public interest by enhancing the availability of residential housing finance and community lending credit through their member institutions and, to a limited extent, through certain eligible nonmembers. Each Bank is structured as a regional cooperative that is owned and controlled by member institutions located within its district, which are also its primary customers. An institution that is eligible for membership in a particular Bank must purchase and hold a prescribed minimum amount of the Bank’s capital stock in order to become and remain a member of that Bank. With limited exceptions, only an institution that is a member of a Bank may obtain access to low cost secured loans, known as advances, or other products provided by that Bank. Section 6 of the Bank Act establishes capital requirements for the Banks and requires FHFA to issue regulations prescribing uniform capital standards applicable to all of the Banks.1 Section 6 also establishes parameters relating to the Banks’ capital structures and requires that each Bank adopt a ‘‘capital structure plan’’ (capital plan) to establish, within those statutory parameters, its own capital structure and to establish requirements for, and govern transactions in, the Bank’s capital stock.2 FHFA has designated 12 CFR part 1277 as the location for its regulations on Bank Capital Requirements, Capital Stock, and Capital Plans. Part 1277 currently includes regulations establishing requirements for the Banks’ capital stock (Subpart C; §§ 1277.20–1277.27) and for the Banks’ capital plans (Subpart D; §§ 1277.28–1277.29). Regulations governing the Banks’ capital requirements are currently located at 12 CFR parts 930 and 932 (in the regulations of the former Federal Housing Finance Board), but will be moved into part 1277 in the near future. 1 12 2 12 E:\FR\FM\07OCN1.SGM U.S.C. 1426(a). U.S.C. 1426(b), (c). 07OCN1

Agencies

[Federal Register Volume 81, Number 195 (Friday, October 7, 2016)]
[Notices]
[Pages 69818-69819]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-24361]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Notice of Termination; 10159 Valley Capital Bank, N.A.; Mesa, 
Arizona

    The Federal Deposit Insurance Corporation (FDIC), as Receiver for 
10159 Valley Capital Bank, N.A., Mesa, Arizona (Receiver) has been 
authorized to take all actions necessary to terminate the receivership 
estate of Valley Capital Bank, N.A. (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 1, 2016, the Receivership Estate has been 
terminated, the Receiver discharged,

[[Page 69819]]

and the Receivership Estate has ceased to exist as a legal entity.

    Dated: October 4, 2016.

Federal Deposit Insurance Corporation
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2016-24361 Filed 10-6-16; 8:45 am]
 BILLING CODE 6714-01-P
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