Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 72055-72056 [2016-25266]

Download as PDF sradovich on DSK3GMQ082PROD with NOTICES Federal Register / Vol. 81, No. 202 / Wednesday, October 19, 2016 / Notices foreign entity should be reported as an LLC. After review and consideration, the Federal Reserve decided not to make these changes. Given the vast number of diverse organizational structures, the Federal Reserve believes that it is up to each respondent to apply judgement in determining whether a particular entity type fits within the legal entity structures listed in the form, including whether a foreign entity should be reported as an LLC. If a respondent determines that a business organization does not fit within any of the legal entity structures listed in the form, including the definition of LLC, it may report the legal entity as ‘‘Other’’ and provide a description of its unique characteristics. The commenter requested clarification on how to report ownership interests in LLCs when the organization’s governing documents are silent regarding the designation of a managing member and where an entity is designated as a manager (i.e., actively manages the day-to-day operation of the LLC), but has no ownership interest in the LLC. In addition, the commenter suggested that a flowchart be provided in the instructions to indicate how to report these interests. After review and consideration, the Federal Reserve decided not to make these changes. Since each respondent’s relationship with the LLC will vary and the determination of whether to report its ownership interest as a managing or non-managing member may depend upon a combination of factors, including applicable state laws, the respondent should consult with its legal staff to take into account these unique facts and circumstances and report its interest in the manner it deems most appropriate. The commenter requested an established and consistent process for withdrawing an erroneous FR Y–10 report that should not have been filed. The Federal Reserve support incorporating procedures for this process and will consider adding them as part of a future proposal. Finally, the commenter requested several other technical enhancements to the FR Y–10 online application: (1) Establish a process for withdrawing an FR Y–10 report that should not have been filed, (2) add straight-through processing of the FR Y–10 either directly from internal systems or through a data load process, (3) add a notification that informs the reporter after an event has been processed, (4) add foreign branch entities, (5) remove restriction in the FR Y–10 online application to allow reporters that own interest in the same entity to report their VerDate Sep<11>2014 17:39 Oct 18, 2016 Jkt 241001 72055 holdings differently, and (6) update the RSSD search function. The Federal Reserve need additional time to investigate whether these enhancements are feasible and may consider them as a part of a future proposal as costs and resources permit. Board of Governors of the Federal Reserve System, October 14, 2016. Margaret McCloskey Shanks, Deputy Secretary of the Board. Board of Governors of the Federal Reserve System, October 13, 2016. Robert deV. Frierson, Secretary of the Board. FEDERAL RESERVE SYSTEM [FR Doc. 2016–25203 Filed 10–18–16; 8:45 am] BILLING CODE 6210–01–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 applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than November 15, 2016. A. Federal Reserve Bank of San Francisco (Gerald C. Tsai, Director, Applications and Enforcement) 101 Market Street, San Francisco, California 94105–1579: 1. H Bancorp LLC, Irvine, California, to acquire additional shares of Bay Bancorp, Inc., and indirectly of Bay Bank, FSB, both in Columbia, Maryland, and thereby engage in operating a savings and loan association. PO 00000 Frm 00021 Fmt 4703 Sfmt 4703 [FR Doc. 2016–25267 Filed 10–18–16; 8:45 am] BILLING CODE 6210–01–P 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 November 15, 2016. A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice President) 1455 East Sixth Street, Cleveland, Ohio 44101–2566. Comments can also be sent electronically to comments.applications@clev.frb.org: 1. Standard Financial Corporation, Murrysville, Pennsylvania; to acquire Allegheny Valley Bancorp, Inc., and thereby acquire control of Allegheny Valley Bank of Pittsburgh, both of Pittsburgh, Pennsylvania. B. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. Margaret Parker Platter Charitable Trust, Osceola, Missouri; to become a E:\FR\FM\19OCN1.SGM 19OCN1 72056 Federal Register / Vol. 81, No. 202 / Wednesday, October 19, 2016 / Notices bank holding company by acquiring additional voting shares of SCC Bancshares, Inc., up to 26.03 percent, and thereby acquire shares of St. Clair County State Bank, both in Osceola, Missouri. 2. Sunflower Reincorporation Sub, Inc., Salina, Kansas; to merge with Strategic Growth Bank Incorporated, El Paso, Texas; Strategic Growth Bancorp Incorporated, and thereby acquire Capital Bank SSB, both in El Paso, Texas; and First National Bancorp Incorporated, and thereby acquire The First National Bank of Santa Fe, both in Albuquerque, New Mexico. Board of Governors of the Federal Reserve System, October 14, 2016. Margaret McCloskey Shanks, Deputy Secretary of the Board. [FR Doc. 2016–25266 Filed 10–18–16; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Administration for Children and Families Proposed Information Collection Activity; Comment Request Title: Personal Responsibility Education Program (PREP); Promising Youth Programs (PYP). OMB No.: New Collection. Description: The Personal Responsibility Education Program (PREP) grants provide education to adolescents on both abstinence and contraception for the prevention of pregnancy and sexually transmitted infections, including HIV/AIDS, as well as education on additional topics to prepare youth for adulthood. PREP programs are overseen by the Family and Youth Services Bureau (FYSB), in the Administration for Children and Families (ACF), in the U.S. Department of Health and Human Services (HHS). The Promising Youth Programs (PYP) project supports PREP programming in two ways. First, it supports grantees as they collaborate with independent evaluators to conduct evaluations of their programs. Second, it is working to develop curricula for underserved youth. PYP is overseen by ACF’s Office of Planning, Research, and Evaluation (OPRE). To support the PYP project, FYSB and OPRE seek approval to collect the following information: (1) Abstract template: We will annually ask grantees and their independent evaluators to develop/ update abstracts about their programs/ evaluations. (2) CONSORT (CONsolidated Standards Of Reporting Trials) diagram template: We will bi-annually ask grantees and their independent evaluators for information about study recruitment, enrollment, and retention. (3) Baseline equivalence template: We will bi-annually ask grantees and their independent evaluators for information that demonstrates whether program and comparison groups are comparable. (4) Implementation analysis plan template: In Year 2 of their grants we will ask grantees and their independent evaluators for information that outlines their implementation analysis plans. (5) Youth discussions topic guide: We will hold discussions with youth from target populations about their perceptions of PREP-related programming. Respondents: We will ask grantees and their independent evaluators for information related to (1), (2), (3), and (4). We will ask youth from target populations for information related to (5). ANNUAL BURDEN ESTIMATES [3 year information collection] Total number of respondents Instrument (1) (2) (3) (4) (5) Abstract template ........................................................... CONSORT diagram template ........................................ Baseline equivalence template ...................................... Implementation analysis plan template .......................... Youth discussions topic guide ........................................ Annual number of respondents 29 29 16 29 64 Number of responses per respondent per year 29 29 16 10 21 Average burden hours per response 1 2 2 1 1 Annual burden hours 3 1 2 5 1.5 87 58 64 50 32 sradovich on DSK3GMQ082PROD with NOTICES Estimated Total Annual Burden Hours: 291. In compliance with the requirements of Section 3506(c)(2)(A) of the Paperwork Reduction Act of 1995, the Administration for Children and Families is soliciting public comment on the specific aspects of the information collection described above. Copies of the proposed collection of information can be obtained and comments may be forwarded by writing to the Administration for Children and Families, Office of Planning, Research and Evaluation, 330 C Street SW., Washington, DC 20201, Attn: OPRE Reports Clearance Officer. Email address: OPREinfocollection@ acf.hhs.gov. All requests should be VerDate Sep<11>2014 17:39 Oct 18, 2016 Jkt 241001 identified by the title of the information collection. The Department specifically requests comments on (a) whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the proposed collection of information; (c) the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or PO 00000 Frm 00022 Fmt 4703 Sfmt 9990 other forms of information technology. Consideration will be given to comments and suggestions submitted within 60 days of this publication. Mary Jones, ACF/OPRE Certifying Officer. [FR Doc. 2016–25231 Filed 10–18–16; 8:45 am] BILLING CODE 4184–37–P E:\FR\FM\19OCN1.SGM 19OCN1

Agencies

[Federal Register Volume 81, Number 202 (Wednesday, October 19, 2016)]
[Notices]
[Pages 72055-72056]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-25266]


-----------------------------------------------------------------------

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 November 15, 2016.
    A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566. Comments 
can also be sent electronically to comments.applications@clev.frb.org:
    1. Standard Financial Corporation, Murrysville, Pennsylvania; to 
acquire Allegheny Valley Bancorp, Inc., and thereby acquire control of 
Allegheny Valley Bank of Pittsburgh, both of Pittsburgh, Pennsylvania.
    B. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
    1. Margaret Parker Platter Charitable Trust, Osceola, Missouri; to 
become a

[[Page 72056]]

bank holding company by acquiring additional voting shares of SCC 
Bancshares, Inc., up to 26.03 percent, and thereby acquire shares of 
St. Clair County State Bank, both in Osceola, Missouri.
    2. Sunflower Reincorporation Sub, Inc., Salina, Kansas; to merge 
with Strategic Growth Bank Incorporated, El Paso, Texas; Strategic 
Growth Bancorp Incorporated, and thereby acquire Capital Bank SSB, both 
in El Paso, Texas; and First National Bancorp Incorporated, and thereby 
acquire The First National Bank of Santa Fe, both in Albuquerque, New 
Mexico.

    Board of Governors of the Federal Reserve System, October 14, 
2016.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
[FR Doc. 2016-25266 Filed 10-18-16; 8:45 am]
 BILLING CODE 6210-01-P