Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 41950-41951 [2017-18734]

Download as PDF 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. VerDate Sep<11>2014 17:43 Sep 01, 2017 Jkt 241001 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. PO 00000 Frm 00042 Fmt 4703 Sfmt 4703 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 E:\FR\FM\05SEN1.SGM 05SEN1 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 mstockstill on DSK30JT082PROD with NOTICES AGENCY: VerDate Sep<11>2014 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 PO 00000 Frm 00043 Fmt 4703 Sfmt 4703 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: E:\FR\FM\05SEN1.SGM 05SEN1

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