Notice of Termination of the Receivership of 10316, Gulf State Community Bank, Carrabelle, Florida, 89463 [2016-29637]
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Federal Register / Vol. 81, No. 238 / Monday, December 12, 2016 / Notices
FEDERAL DEPOSIT INSURANCE
CORPORATION
Notice of Termination of the
Receivership of 10316, Gulf State
Community Bank, Carrabelle, Florida
The Federal Deposit Insurance
Corporation (‘‘FDIC’’), as Receiver for
10316, Gulf State Community Bank,
Carrabelle, Florida (‘‘Receiver’’), has
been authorized to take all actions
necessary to terminate the receivership
estate of Gulf State Community Bank
(‘‘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
December 1, 2016, the Receivership
Estate has been terminated, the Receiver
discharged, and the Receivership Estate
has ceased to exist as a legal entity.
Dated: December 6, 2016.
Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2016–29637 Filed 12–9–16; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL RESERVE SYSTEM
Agency Information Collection
Activities: Announcement of Board
Approval Under Delegated Authority
and Submission to OMB
Board of Governors of the
Federal Reserve System.
SUMMARY: The Board of Governors of the
Federal Reserve System (Board or
Federal Reserve) is adopting a proposal
to revise, with revision, the Joint
Standards for Assessing Diversity
Policies and Practices (Policy
Statement).
On June 15, 1984, the Office of
Management and Budget (OMB)
delegated to the Board authority under
the Paperwork Reduction Act (PRA) to
approve of and assign OMB control
numbers to collection of information
requests and requirements conducted or
sponsored by the Board. In exercising
this delegated authority, the Board is
directed to take every reasonable step to
solicit comment. In determining
whether to approve a collection of
information, the Board will consider all
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comments received from the public and
other agencies.
FOR FURTHER INFORMATION CONTACT:
Federal Reserve Board 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 extension for three
years, with revision, of the following
report:
Report title: Joint Standards for
Assessing Diversity Policies and
Practices.
Agency form number: FR 2100.
OMB control number: 7100–0368.
Frequency: Annual.
Respondents: Financial institutions
regulated by the Federal Reserve.
Estimated annual burden hours: 3,912
hours.
Estimated average hours per response:
8 hours.
Number of respondents: 488.
General description of report: Section
342 of the Dodd-Frank Wall Street
Reform and Consumer Protection Act of
2010 (Dodd-Frank Act) requires the
Office of the Comptroller of the
Currency (OCC), Board of Governors of
the Federal Reserve System (Board),
Federal Deposit Insurance Corporation
(FDIC), National Credit Union
Administration (NCUA), Bureau of
Consumer Financial Protection (CFPB),
and Securities and Exchange
Commission (SEC) (the Agencies) each
to establish an Office of Minority and
Women Inclusion (OMWI) to be
responsible for all matters of the Agency
relating to diversity in management,
employment, and business activities.
Section 342 requires each OMWI
director to develop standards for
‘‘assessing the diversity policies and
practices of entities regulated by the
agency.’’ The Policy Statement,
published jointly by the Agencies in
June 2015, contain those standards.
Legal authorization and
confidentiality: The Board’s Legal
Division has determined that the
information collections contained
within the Policy Statement are
authorized by section 342 of the DoddFrank Act, which requires the Board’s
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89463
OMWI director to develop standards for
assessing regulated entities’ diversity
policies and practices and are voluntary.
The Standard regarding transparency,
and a portion of the self-assessment
Standard, call for regulated entities to
provide information to the public, so
confidentiality is not an issue with
respect to those aspects of the Policy. A
regulated entity may provide selfassessment material to the Board that
contains confidential commercial
information protectable under
exemption 4 of the Freedom of
Information Act, 5 U.S.C. 552(b)(4), and
may request that the information be kept
confidential on a case-by-case basis. The
Federal Reserve will determine whether
the information is entitled to
confidential treatment on an ad hoc
basis in connection with such a request.
As noted in the Policy Statement, an
entity’s primary federal regulator may
share information obtained from
regulated entities with other Agencies,
but will publish information disclosed
to them only in a form that does not
identify a particular entity or individual
or disclose confidential business
information.
Current Actions: The Federal Reserve
previously received OMB approval for a
voluntary information collection with
respect to the Policy Statement,
pursuant to which entities regulated by
the Federal Reserve voluntarily selfassess their diversity policies and
practices.1 This revision to that
collection adds the Diversity SelfAssessment Template to assist with the
self-assessment. The Template (1) asks
for general information about a
respondent; (2) includes a checklist of
the standards set forth in the Policy
Statement; (3) seeks additional diversity
data; and (4) provides an opportunity
for a respondent to provide other
information regarding or comment on
the self-assessment of its diversity
policies and practices.
On September 27, 2016, the Federal
Reserve published a notice in the
Federal Register (81 FR 66275)
requesting comment on the proposal to
include a reporting tool entitled
‘‘Diversity Self-Assessment Template.’’
The comment period for this notice
expired on November 28, 2016. The
Federal Reserve did not receive any
comments. The reporting template will
be implemented as proposed.
1
80 FR 33016 (June 10, 2015).
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[Federal Register Volume 81, Number 238 (Monday, December 12, 2016)]
[Notices]
[Page 89463]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-29637]
[[Page 89463]]
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FEDERAL DEPOSIT INSURANCE CORPORATION
Notice of Termination of the Receivership of 10316, Gulf State
Community Bank, Carrabelle, Florida
The Federal Deposit Insurance Corporation (``FDIC''), as Receiver
for 10316, Gulf State Community Bank, Carrabelle, Florida
(``Receiver''), has been authorized to take all actions necessary to
terminate the receivership estate of Gulf State Community Bank
(``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 December
1, 2016, the Receivership Estate has been terminated, the Receiver
discharged, and the Receivership Estate has ceased to exist as a legal
entity.
Dated: December 6, 2016.
Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2016-29637 Filed 12-9-16; 8:45 am]
BILLING CODE 6714-01-P
