Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 4883 [2017-00846]
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Federal Register / Vol. 82, No. 10 / Tuesday, January 17, 2017 / Notices
the FHC has merchant banking
investments;
• ensure the corporate separateness of
the FHC and the companies in which
it has merchant banking investments;
• ensure compliance with sections 23A
and 23B of the FRA, anti-tying
statutes, Regulation Y, and any other
applicable provisions of law.
Current Actions: On October 18, 2016,
the Board published a notice in the
Federal Register (81 FR 71730)
requesting public comment for 60 days
on the proposal to extend, without
revision, the reporting and
recordkeeping requirements related to
amendments made by the GrammLeach-Bliley Act, to the Bank Holding
Company Act, the Federal Reserve Act,
and related regulations. The comment
period for this notice expired on
December 19, 2016. The Board did not
receive any comments.
Board of Governors of the Federal Reserve
System, January 11, 2017.
Robert deV. Frierson,
Secretary of the Board.
Board of Governors of the Federal Reserve
System, January 11, 2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017–00841 Filed 1–13–17; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
[FR Doc. 2017–00846 Filed 1–13–17; 8:45 am]
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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.
VerDate Sep<11>2014
18:21 Jan 13, 2017
Jkt 241001
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 February 10,
2017.
A. Federal Reserve Bank of Richmond
(Adam M. Drimer, Assistant Vice
President) 701 East Byrd Street,
Richmond, Virginia 23261–4528.
Comments can also be sent
electronically to
Comments.applications@rich.frb.org:
1. Southern National Bancorp of
Virginia, Inc., McLean, Virginia; to
acquire Eastern Virginia Bankshares,
Inc., Glen Allen, Virginia, and thereby
indirectly acquire EVB, Tappahannock,
Virginia.
In connection with this application,
Applicant also has applied to acquire
additional shares of Southern Trust
Mortgage LLC, Virginia Beach, Virginia,
Eastern Virginia Bankshares, Inc., Glen
Allen, Virginia and EVB,
Tappahannock, Virginia, and thereby
engage in lending activities pursuant to
section 225.28(b)(1) or Regulation Y.
BILLING CODE 6210–01–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: Notice is hereby given of the
final approval of a proposal to extend
for three years, without revision, the
intermittent survey of business (FR
1374; OMB No. 7100–0302) and to
extend for three years, without revision,
the domestic finance company report of
consolidated assets and liabilities (FR
2248; OMB No. 7100–0005) by the
Board of Governors of the Federal
Reserve System (Board) under OMB
delegated authority, as per 5 CFR
1320.16 (OMB Regulations on
Controlling Paperwork Burdens on the
Public). Board-approved 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
AGENCY:
PO 00000
Frm 00046
Fmt 4703
Sfmt 4703
4883
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.
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 extension for three
years, without revision, of the following
reports:
1. Report title: Intermittent Survey of
Business.
Agency form number: FR 1374.
OMB control number: 7100–0302.
Frequency: On occasion.
Respondents: Businesses and state
and local governments.
Estimated number of respondents:
2,410.
Estimated average hours per response:
15 minutes.
Estimated annual burden hours: 1,825
hours.
General Description of Report: The
survey data are used by the Federal
Reserve to gather information
specifically tailored to the Federal
Reserve’s policy and operational
responsibilities. There are two parts to
this event-generated survey. First, under
the guidance of Federal Reserve
economists, the Federal Reserve Banks
survey business contacts as economic
developments warrant. Currently, there
are approximately 2,400 business
respondents for each survey (about 200
per Reserve Bank); occasionally state
and local government officials are
called, in which case there are far fewer
respondents. It is necessary to conduct
these surveys to provide timely
information to the members of the Board
and to the presidents of the Reserve
Banks. Usually, these surveys are
conducted by Reserve Bank economists
telephoning or emailing purchasing
managers, economists, or other
knowledgeable individuals at selected,
relevant businesses. Reserve Bank staff
may also use online survey tools to
E:\FR\FM\17JAN1.SGM
17JAN1
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[Federal Register Volume 82, Number 10 (Tuesday, January 17, 2017)]
[Notices]
[Page 4883]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-00846]
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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 February 10, 2017.
A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice
President) 701 East Byrd Street, Richmond, Virginia 23261-4528.
Comments can also be sent electronically to
Comments.applications@rich.frb.org:
1. Southern National Bancorp of Virginia, Inc., McLean, Virginia;
to acquire Eastern Virginia Bankshares, Inc., Glen Allen, Virginia, and
thereby indirectly acquire EVB, Tappahannock, Virginia.
In connection with this application, Applicant also has applied to
acquire additional shares of Southern Trust Mortgage LLC, Virginia
Beach, Virginia, Eastern Virginia Bankshares, Inc., Glen Allen,
Virginia and EVB, Tappahannock, Virginia, and thereby engage in lending
activities pursuant to section 225.28(b)(1) or Regulation Y.
Board of Governors of the Federal Reserve System, January 11,
2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-00846 Filed 1-13-17; 8:45 am]
BILLING CODE 6210-01-P
