Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 42348 [2017-18894]

Download as PDF 42348 Federal Register / Vol. 82, No. 172 / Thursday, September 7, 2017 / Notices 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 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 mstockstill on DSK30JT082PROD with NOTICES Report title: GovernmentAdministered, General-Use Prepaid Card Surveys. Agency form number: FR 3063a and FR 3063b. OMB control number: 7100–0343. Frequency: Annual. Respondents: Issuers of governmentadministered, general-use prepaid cards (FR 3063a) and governments that administer general-use prepaid card programs (FR 3063b). Estimated number of respondents: FR 3063a: 25; FR 3063b: 75. Estimated average hours per response: FR 3063a: 25 hours; FR 3063b: 15 hours. Estimated annual burden hours: FR 3063a: 625 hours; FR 3063b: 1,125 hours. General Description of Report: The issuer survey (FR 3063a) collects data from issuers of governmentadministered, general-use prepaid cards including card program information, cards outstanding, card funding, ATM transactions, purchase transactions, fees paid by issuers to third parties, interchange fees, and cardholder fees. The issuer survey (FR 3063a) is mandatory. The government survey (FR 3063b) collects data from state governments, the District of Columbia, and U.S. territories (collectively, state governments), and municipal government offices located within the United States (local government offices) that administer general-use prepaid card payment programs.1 Data collected from 1 The issuer and government surveys request information on all federal, state, or local government-administered payment programs that provide a general-use prepaid card (or other debit card) disbursement option to payment recipients. The government survey may be distributed to federal government agencies in addition to state and local governments, but collections of information from federal government agencies are not subject to the Paperwork Reduction Act and, thus, are not included in this discussion. VerDate Sep<11>2014 17:42 Sep 06, 2017 Jkt 241001 government offices include program information, the number of cards outstanding, and funding information. The government survey (FR 3063b) is voluntary. The Board uses data from these surveys to support an annual report to the Congress on the prevalence of use of general-use prepaid cards in federal, state, and local governmentadministered payment programs and on the interchange and cardholder fees charged with respect to such use of such cards. Legal authorization and confidentiality: The Board’s Legal Division has determined that both the issuer survey and the government survey are authorized by subsection 920(a) of the Electronic Fund Transfer Act, which was amended by section 1075(a) of the Dodd-Frank Act (15 U.S.C. 1693o–2). This subsection requires the Board to submit an annual report to Congress on the prevalence of the use of general-use prepaid cards in Federal, State or local governmentadministered payment programs and the interchange transaction fees and cardholder fees charged with respect to the use of such general-use prepaid cards (15 U.S.C. 1693o–2(a)(7)(D)). It also provides the Board with authority to require issuers to provide information to enable the Board to carry out the provisions of the subsection (15 U.S.C. 1693o–2(a)(3)(B)). The obligation of issuers to respond to the issuer survey (FR 3063a) is mandatory. However, the obligation of state governments and local government offices to respond to the government survey (FR 3063b) is voluntary. All of the information collected on the government survey and a limited amount of information collected on the issuer survey is publicly available, and thus, is not accorded confidential treatment. However, most of the information collected on the issuer survey is not publicly available and may be kept confidential under exemption (b)(4) of the Freedom of Information Act (FOIA), which exempts from disclosure ‘‘trade secrets and commercial or financial information obtained from a person and privileged or confidential’’ (5 U.S.C. 552(b)(4)). Such data may be kept confidential under exemption 4 if the release of data would cause substantial harm to the competitive position of the issuer. For example, certain issuer survey responses would likely contain information related to an organization’s revenue structure and other proprietary U.S. territories include American Samoa, Guam, Midway Islands, Northern Mariana Islands, Puerto Rico, and U.S. Virgin Islands. PO 00000 Frm 00080 Fmt 4703 Sfmt 9990 and commercial information and the release of such information would cause substantial harm to the competitive position of the issuer. Current actions: On June 5, 2017, the Board published a notice in the Federal Register (82 FR 25801) requesting public comment for 60 days on the proposal to extend, without revision, the FR 3063a and FR 3063b. The comment period for this notice expired on August 4, 2017. The Board did not receive any comments. The information collection will be extended as proposed. Board of Governors of the Federal Reserve System, September 1, 2017. Ann E. Misback, Secretary of the Board. [FR Doc. 2017–18957 Filed 9–6–17; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than September 19, 2017. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. Jennifer S. LeClair, St. Charles, Missouri, Joseph M. Leng, Primghar, Iowa, Jamey M. Rehder, Granville, Iowa, and Jeffrey J. Leng, Primghar, Iowa; to join the Leng Family Control Group and thereby retain shares of Capital Bancshares, Inc., Primghar, Iowa, and thereby indirectly retain shares of Savings Bank, Primghar, Iowa. Board of Governors of the Federal Reserve System, August 31, 2017. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2017–18894 Filed 9–6–17; 8:45 am] BILLING CODE P E:\FR\FM\07SEN1.SGM 07SEN1

Agencies

[Federal Register Volume 82, Number 172 (Thursday, September 7, 2017)]
[Notices]
[Page 42348]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-18894]


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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of a Bank 
or Bank Holding Company

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank 
holding company. The factors that are considered in acting on the 
notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. The notices also will be available for 
inspection at the offices of the Board of Governors. Interested persons 
may express their views in writing to the Reserve Bank indicated for 
that notice or to the offices of the Board of Governors. Comments must 
be received not later than September 19, 2017.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Jennifer S. LeClair, St. Charles, Missouri, Joseph M. Leng, 
Primghar, Iowa, Jamey M. Rehder, Granville, Iowa, and Jeffrey J. Leng, 
Primghar, Iowa; to join the Leng Family Control Group and thereby 
retain shares of Capital Bancshares, Inc., Primghar, Iowa, and thereby 
indirectly retain shares of Savings Bank, Primghar, Iowa.

    Board of Governors of the Federal Reserve System, August 31, 
2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-18894 Filed 9-6-17; 8:45 am]
 BILLING CODE P