Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 41950-41951 [2017-18734]
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41950
Federal Register / Vol. 82, No. 170 / Tuesday, September 5, 2017 / Notices
The filings in the above-referenced
proceeding are accessible in the
Commission’s eLibrary system by
clicking on the appropriate link in the
above list. They are also available for
electronic review in the Commission’s
Public Reference Room in Washington,
DC. There is an eSubscription link on
the Web site that enables subscribers to
receive email notification when a
document is added to a subscribed
docket(s). For assistance with any FERC
Online service, please email
FERCOnlineSupport@ferc.gov. or call
(866) 208–3676 (toll free). For TTY, call
(202) 502–8659.
Dated: August 29, 2017.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2017–18719 Filed 9–1–17; 8:45 am]
BILLING CODE 6717–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
mstockstill on DSK30JT082PROD with NOTICES
Notice to All Interested Parties of the
Termination of the Receivership of
10516—The Bank of Georgia,
Peachtree City, Georgia
Notice is hereby given that the Federal
Deposit Insurance Corporation (FDIC) as
receiver for The Bank of Georgia,
Peachtree City, Georgia (‘‘the Receiver’’)
intends to terminate its receivership for
said institution. The FDIC was
appointed receiver of The Bank of
Georgia on October 2, 2015. The
liquidation of the receivership assets
has been completed. To the extent
permitted by available funds and in
accordance with law, the Receiver will
be making a final dividend payment to
proven creditors.
Based upon the foregoing, the
Receiver has determined that the
continued existence of the receivership
will serve no useful purpose.
Consequently, notice is given that the
receivership shall be terminated, to be
effective no sooner than thirty days after
the date of this notice. If any person
wishes to comment concerning the
termination of the receivership, such
comment must be made in writing and
sent within thirty days of the date of
this notice to: Federal Deposit Insurance
Corporation, Division of Resolutions
and Receiverships, Attention:
Receivership Oversight Department
34.6, 1601 Bryan Street, Dallas, TX
75201.
No comments concerning the
termination of this receivership will be
considered which are not sent within
this time frame.
Dated: August 30, 2017.
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17:43 Sep 01, 2017
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Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017–18680 Filed 9–1–17; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL FINANCIAL INSTITUTIONS
EXAMINATION COUNCIL
[Docket No. AS17–05]
Appraisal Subcommittee; Notice of
Meeting
Federal Financial Institutions
Examination Council.
ACTION: Notice of meeting.
However, if the space will not
accommodate all requests, the ASC may
refuse attendance on that reasonable
basis. The use of any video or audio
tape recording device, photographing
device, or any other electronic or
mechanical device designed for similar
purposes is prohibited at ASC meetings.
Dated: August 29, 2017.
James R. Park,
Executive Director.
[FR Doc. 2017–18725 Filed 9–1–17; 8:45 am]
BILLING CODE 6700–01–P
AGENCY:
Description: In accordance with
Section 1104 (b) of Title XI of the
Financial Institutions Reform, Recovery,
and Enforcement Act of 1989, as
amended, notice is hereby given that the
Appraisal Subcommittee (ASC) will
meet in open session for its regular
meeting:
Location: Federal Reserve Board—
International Square location; 1850 K
Street NW., Washington, DC 20006.
Date: September 13, 2017.
Time: 10:00 a.m.
Status: Open.
Reports
Chairman
Executive Director
Delegated State Compliance Reviews
Financial Report
Action and Discussion Items
May 10, 2017 Open Session Minutes
Appraisal Foundation FY18 Grant
Proposal
Æ Foundation Grant for AQB and ASB
Æ State Grant for Investigator Training
ASC FY18 Budget Proposal
Final Rulemaking—AMC National
Registry Fee Implementation
Revised ASC Policy Statements for
approval to repost in Federal
Register for public comment
Agency Reform Plan for submission to
the Office of Management and
Budget
How To Attend and Observe an ASC
Meeting
If you plan to attend the ASC Meeting
in person, we ask that you send an
email to meetings@asc.gov. You may
register until close of business four
business days before the meeting date.
You will be contacted by the Federal
Reserve Law Enforcement Unit on
security requirements. You will also be
asked to provide a valid governmentissued ID before being admitted to the
Meeting. The meeting space is intended
to accommodate public attendees.
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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 September 29,
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 or
Comments.applications@rich.frb.org:
1. CapGen Capital Group VI LLC and
CapGen Capital Group V I L P, both of
New York, New York; to acquire up to
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Federal Register / Vol. 82, No. 170 / Tuesday, September 5, 2017 / Notices
7.3 percent of the voting shares of Union
Bankshares, Corporation, Richmond,
Virginia, and thereby indirectly acquire
Union Bank & Trust, Richmond,
Virginia.
B. Federal Reserve Bank of Dallas
(Robert L. Triplett III, Senior Vice
President) 2200 North Pearl Street,
Dallas, Texas 75201–2272:
1. Veritex Holdings, Inc., Dallas,
Texas; to merge with Liberty
Bancshares, Inc., Fort Worth, Texas, and
thereby indirectly acquire Liberty Bank,
Hurst, Texas.
Board of Governors of the Federal Reserve
System, August 30, 2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017–18734 Filed 9–1–17; 8:45 am]
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: The Board of Governors of the
Federal Reserve System (Board) is
adopting a proposal to extend for three
years, without revision, the Notification
of Nonfinancial Data Processing
Activities (FR 4021; OMB No. 7100–
0306).
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. 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.
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
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AGENCY:
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17:43 Sep 01, 2017
Jkt 241001
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 or by fax to (202) 395–6974.
Final approval under OMB delegated
authority of the extension for three
years, without revision, of the following
report:
Report title: Notification of
Nonfinancial Data Processing Activities.
Agency form number: FR 4021.
OMB control number: 7100–0306.
Frequency: On occasion.
Respondents: Bank holding
companies.
Estimated number of respondents: 2.
Estimated average hours per response:
2.
Estimated annual burden hours: 4.
General description of report: Bank
holding companies (BHCs) submit the
FR 4021 notification to request
permission to administer the 49 percent
revenue limit on nonfinancial data
processing activities on a business-line
or multiple-entity basis. These
notifications, which may be submitted
in letter form, should describe the
structure of the requesting BHC’s data
processing operations, the methodology
the BHC proposes to use to administer
the 49 percent revenue test and the
reasons why the BHC believes that the
proposed methodology is appropriate.
The Board will consider any request in
light of all the facts and circumstances,
including the interrelationships
between the data processing activities
conducted by the BHC’s separate
subsidiaries, the holding company’s
business or operational reasons for
conducting its data processing activities
in different subsidiaries, and the level of
the BHC’s ownership interest in the
individual subsidiaries.
Legal authorization and
confidentiality: The Board’s Legal
Division has determined that the Bank
Holding Company Act (12 U.S.C.
1843(c)(8), (j) and (k)) authorizes the
Board to collect this information and the
information is required to obtain a
benefit. A BHC may request confidential
treatment of the information contained
in the notice pursuant to exemption 4 of
the Freedom of Information Act (5
U.S.C. 552(b)(4)).
Current actions: On May 31, 2017 the
Federal Reserve published a notice in
the Federal Register (82 FR 24970)
requesting public comment for 60 days
on the extension, without revision, of
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41951
the Notification of Nonfinancial Data
Processing Activities. The comment
period for this notice expired on July 31,
2017. The Board did not receive any
comments.
Board of Governors of the Federal Reserve
System, August 30, 2017.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2017–18694 Filed 9–1–17; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
[Docket No. OP–1557]
Final Guidelines for Evaluating Joint
Account Requests
Under the Federal Reserve
Act (FRA), the Federal Reserve Banks
(Reserve Banks) have the authority to
open accounts for member banks and
other eligible depository institutions
(collectively, depository institutions).
The Reserve Banks routinely open and
maintain individual Federal Reserve
accounts for eligible institutions. Joint
accounts—those where the rights and
liabilities are shared among multiple
depository institution account-holders—
have not in the past been available as a
standard account option, but in limited
cases the Reserve Banks have opened
such accounts for specific purposes. The
Board of Governors of the Federal
Reserve System (Board) has approved
final guidelines for evaluating requests
for joint accounts at Reserve Banks
intended to facilitate settlement
between and among depository
institutions participating in privatesector payment systems (private-sector
arrangements). The guidelines broadly
outline factors that will be considered in
evaluating such requests, but are not
intended to provide assurance that any
specific arrangement would be granted
a joint account. Requests will be
evaluated on a case-by-case basis, with
the type and extent of information
necessary to evaluate a particular
request likely dependent on the
complexity of the arrangement.
DATES: September 5, 2017.
FOR FURTHER INFORMATION CONTACT:
Susan V. Foley, Senior Associate
Director (202–452–3596), Kylie Stewart,
Manager (202–245–4207), or Ian C.B.
Spear, Senior Financial Services
Analyst (202–452–3959), Division of
Reserve Bank Operations and Payment
Systems; Gavin Smith, Counsel (202–
452–3474), Legal Division; for users of
Telecommunications Device for the Deaf
(TDD) only, contact 202–263–4869.
SUPPLEMENTARY INFORMATION:
SUMMARY:
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Agencies
[Federal Register Volume 82, Number 170 (Tuesday, September 5, 2017)]
[Notices]
[Pages 41950-41951]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-18734]
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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 September 29, 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 or
Comments.applications@rich.frb.org:
1. CapGen Capital Group VI LLC and CapGen Capital Group V I L P,
both of New York, New York; to acquire up to
[[Page 41951]]
7.3 percent of the voting shares of Union Bankshares, Corporation,
Richmond, Virginia, and thereby indirectly acquire Union Bank & Trust,
Richmond, Virginia.
B. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior
Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Veritex Holdings, Inc., Dallas, Texas; to merge with Liberty
Bancshares, Inc., Fort Worth, Texas, and thereby indirectly acquire
Liberty Bank, Hurst, Texas.
Board of Governors of the Federal Reserve System, August 30,
2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-18734 Filed 9-1-17; 8:45 am]
BILLING CODE 6210-01-P