Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 10516-10517 [2019-05401]

Download as PDF amozie on DSK9F9SC42PROD with NOTICES 10516 Federal Register / Vol. 84, No. 55 / Thursday, March 21, 2019 / Notices 312(a)(2), 312(a)(4), and 312(c) of the Act, 47 U.S.C. 309(e), 312(a)(1), 312(a)(2), 312(a)(4), 312(c), that Ministerios El Jordan shall show cause why the authorization for which it is the licensee should not be revoked, and that the above-captioned application filed by Ministerios El Jordan is designated for hearing in a consolidated proceeding before an FCC Administrative Law Judge, at a time and place to be specified in a subsequent Order, upon the following issues: (a) To determine whether Ministerios El Jordan engaged in misrepresentation and/or lack of candor in its applications with the Commission. (b) To determine whether Ministerios El Jordan is/was owned or controlled by non-United States citizens in excess of the one-fifth allowed by section 310(b)(3) of the Act. (c) To determine whether Ministerios El Jordan failed to amend its pending application, in willful and/or repeated violation of § 1.65 of the Commission’s rules. (d) To determine whether Ministerios El Jordan failed to respond to Commission inquiries in willful and/or repeated violation of § 73.1015 of the Commission’s rules. (e) To determine, in light of the evidence adduced pursuant to the foregoing issues, whether Ministerios El Jordan is qualified to be and remain a Commission licensee. (f) To determine, in light of the foregoing issues, whether the authorization for which Ministerios El Jordan is the licensee should be revoked. (g) To determine, in light of the foregoing issues, whether the captioned application filed by or on behalf of Ministerios El Jordan should be granted. 29. It is further ordered that, in addition to the resolution of the foregoing issues, it shall be determined, pursuant to section 503(b)(1) of the Act, 47 U.S.C. 503(b)(1), whether an order of forfeiture should be issued against Ministerios El Jordan in an amount not to exceed the statutory limit for the willful and/or repeated violation of each Commission rule section above for which the statute of limitations in section 503(b)(6) of the Act, 47 U.S.C. 503(b)(6), has not lapsed. 30. It is further ordered that, pursuant to section 312(c) of the Act and §§ 1.91(c) and 1.221(c) of the Commission’s rules, 47 U.S.C. 312(c) and 47 CFR 1.91(c), 1.221(c), to avail itself of the opportunity to be heard and to present evidence at a hearing in this proceeding, Ministerios El Jordan, in person or by an attorney, shall file with the Commission, within 20 calendar VerDate Sep<11>2014 18:27 Mar 20, 2019 Jkt 247001 days of the release of this Order, a written appearance stating that it will appear at the hearing and present evidence on the issues specified above. 31. It is further ordered that, pursuant to §§ 1.91 and 1.92 of the Commission’s rules, 47 CFR 1.91 and 1.92, if Ministerios El Jordan fails to file a timely appearance, its right to a hearing shall be deemed to be waived. If a hearing is waived under §§ 1.92(a)(1) or (3) of the Commission’s rules, Ministerios El Jordan may, within 20 calendar days of the release of this Order, submit a written, signed statement denying or seeking to mitigate or justify the circumstances or conduct described herein. In the event the right to a hearing is waived, the Chief Administrative Law Judge (or presiding officer if one has been designated) shall, at the earliest practicable date, issue an order reciting the events or circumstances constituting a waiver of hearing, terminating the hearing proceeding, and certifying the case to the Commission. In addition, pursuant to § 1.221 of the Commission’s rules, 47 CFR 1.221, if any applicant to the captioned application fails to file, within 20 calendar days of the release of this Order, a written appearance, a petition to dismiss without prejudice, or a petition to accept for good cause shown an untimely written appearance, the captioned application shall be dismissed with prejudice for failure to prosecute. 32. It is further ordered that the Chief, Enforcement Bureau, shall be made a party to this proceeding without the need to file a written appearance. 33. It is further ordered that, pursuant to section 312(d) of the Act, 47 U.S.C. 312(d), and § 1.91(d) of the Commission’s rules, 47 CFR 1.91(d), the burden of proceeding with the introduction of evidence and the burden of proof shall be upon the Enforcement Bureau as to the issues at paragraph 28(a)–(f) above, and that, pursuant to section 309(e) of the Act, 47 U.S.C. 309(e), and § 1.254 of the Commission’s rules, 47 CFR 1.254, the burden of proceeding with the introduction of evidence and the burden of proof shall be upon Ministerios El Jordan as to the issue at paragraph 28(g), above. 34. It is further ordered that a copy of each document filed in this proceeding subsequent to the date of adoption of this document shall be served on the counsel of record appearing on behalf of the Chief, Enforcement Bureau. Parties may inquire as to the identity of such counsel by calling the Investigations & Hearings Division of the Enforcement Bureau at (202) 418–1420. Such service copy shall be addressed to the named PO 00000 Frm 00041 Fmt 4703 Sfmt 4703 counsel of record, Investigations & Hearings Division, Enforcement Bureau, Federal Communications Commission, 445 12th Street SW, Washington, DC 20554. 35. It is further ordered that copies of this document shall be sent via Certified Mail—Return Receipt Requested to the following: Mr. Eliud Villatoro, Ministerios El Jordan, 1721 South Baker Boulevard, Carthage, MO 64836–3004 Steven Hays, Esq., 622 South Main Street, Joplin, MO 64801 Aaron Scott, Cedar Creek Consulting, 14117 W Travis Lane, Malakoff, TX 75148–3570 36. It is further ordered that a copy of this document, or a summary thereof, shall be published in the Federal Register. Federal Communications Commission. Jeffrey Gee, Chief, Investigations & Hearings Division, Enforcement Bureau. [FR Doc. 2019–05308 Filed 3–20–19; 8:45 am] BILLING CODE 6712–01–P FEDERAL ELECTION COMMISSION Sunshine Act Meeting Tuesday, March 26, 2019 at 10:00 a.m. PLACE: 1050 First Street NE, Washington, DC STATUS: This meeting will be closed to the public. MATTERS TO BE CONSIDERED: Compliance matters pursuant to 52 U.S.C. 30109. * * * * * CONTACT PERSON FOR MORE INFORMATION: Judith Ingram, Press Officer, Telephone: (202) 694–1220. TIME AND DATE: Dayna C. Brown, Secretary and Clerk of the Commission. [FR Doc. 2019–05537 Filed 3–19–19; 4:15 pm] BILLING CODE 6715–01–P 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 E:\FR\FM\21MRN1.SGM 21MRN1 amozie on DSK9F9SC42PROD with NOTICES Federal Register / Vol. 84, No. 55 / Thursday, March 21, 2019 / Notices 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 April 18, 2019. A. Federal Reserve Bank of New York (Ivan Hurwitz, Vice President) 33 Liberty Street, New York, New York 10045–0001. Comments can also be sent electronically to Comments.applications @ny.frb.org: 1. Pioneer Bancorp, MHC and Pioneer Bancorp, Inc., both of Albany, New York; to become bank holding companies by acquiring 100 percent of the voting shares of Pioneer Bank, Albany, New York, upon its conversion to a stock savings bank. In connection to this application, Applicant also has applied to engage in extending credit and servicing loans, pursuant to section 225.25(b)(1) of Regulation Y. B. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. Minier Financial, Inc. Employee Stock Ownership Plan with 401 (k) of Provisions, Minier, Illinois; to acquire an additional 6.37 percent, for a total of 51 percent of the voting shares of Minier Financial, Inc., Minier, Illinois, and thereby indirectly acquire shares of First Farmers State Bank, Minier, Illinois. Board of Governors of the Federal Reserve System, March 18, 2019. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2019–05401 Filed 3–20–19; 8:45 am] BILLING P VerDate Sep<11>2014 18:27 Mar 20, 2019 Jkt 247001 FEDERAL RESERVE SYSTEM FEDERAL DEPOSIT INSURANCE CORPORATION Proposal by BB&T Corporation To Acquire SunTrust Banks, Inc. and its Subsidiary, SunTrust Bank, and To Merge SunTrust Bank With and Into Branch Banking and Trust Company Board of Governors of the Federal Reserve System (Board) and Federal Deposit Insurance Corporation (FDIC). ACTION: Notice of public meetings. AGENCIES: Two public meetings will be held regarding the proposal by BB&T Corporation, Winston-Salem, North Carolina, to acquire SunTrust Banks, Inc., and thereby indirectly acquire SunTrust Bank, both of Atlanta, Georgia, pursuant to the Bank Holding Company Act and related statutes. As part of the proposal, BB&T Corporation would merge SunTrust Bank with and into its subsidiary state non-member bank, Branch Banking and Trust Company, Winston-Salem, North Carolina, pursuant to the Bank Merger Act and related statutes. The purpose of the meetings is to collect information related to factors the Board and FDIC (agencies) are required to consider under the Bank Holding Company Act and the Bank Merger Act. DATES: The meeting dates are: (1) Thursday, April 25, 2019, from 8:30 a.m. to 5:00 p.m. EDT, Charlotte, North Carolina. (2) Friday, May 3, 2019, from 8:30 a.m. to 5:00 p.m. EDT, Atlanta, Georgia. ADDRESSES: The public meeting locations are: (1) Charlotte, North Carolina— Charlotte Branch of the Federal Reserve Bank of Richmond, 530 East Trade Street, Charlotte, North Carolina. (2) Atlanta, Georgia—Federal Reserve Bank of Atlanta, 1000 Peachtree Street NE, Atlanta, Georgia. FOR FURTHER INFORMATION CONTACT: Board: For the Charlotte meeting: Matthew Martin, Vice President, Research Department Microeconomics and Research Communications, Federal Reserve Bank of Richmond, 530 East Trade Street, Charlotte, North Carolina, 28202; by email to: Publicmeeting.Charlotte@rich.frb.org; or by facsimile: 704–358–2300. For the Atlanta meeting: Karen Leone de Nie, Vice President Community and Economic Development, Federal Reserve Bank of Atlanta, 1000 Peachtree Street NE, Atlanta, Georgia 30309–4470; by email to: atlfedcomdev@atl.frb.org; or by facsimile: 404–498–8956. SUMMARY: PO 00000 Frm 00042 Fmt 4703 Sfmt 4703 10517 FDIC: Michael J. Dean, Regional Director, Federal Deposit Insurance Corporation, 10 10th Street NW, Suite 800, Atlanta, GA 30309–3906; by email to BankMergerApplication@fdic.gov; or by facsimile: 678–916–2451. SUPPLEMENTARY INFORMATION: Background and Public Meetings Notice On March 8, 2019, BB&T Corporation, Winston-Salem, North Carolina (BB&T), requested the Board’s approval under the Bank Holding Company Act (12 U.S.C. 1841 et seq.) to acquire SunTrust Banks, Inc., and thereby indirectly acquire SunTrust Bank, both of Atlanta, Georgia (Holding Company Application). Also on March 8, 2019, Branch Banking and Trust Company, Winston-Salem, North Carolina (Branch Bank) applied to the FDIC to merge SunTrust Bank with and into Branch Bank pursuant to section 18(c) of the Federal Deposit Insurance Act (12 U.S.C. 1828(c)) (Bank Application). The agencies hereby announce that public meetings on the applications will be held in Atlanta, Georgia, and Charlotte, North Carolina.1 Purpose and Procedures The purpose of the public meetings is to collect information relating to the convenience and needs of the communities to be served. Convenience and needs considerations include a review of the records of performance of the insured depository institutions involved in the proposal under the Community Reinvestment Act, which requires the appropriate federal financial supervisory agency to take into account a relevant depository institution’s record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with the safe and sound operation of the institution. 12 U.S.C. 2903. The agencies also consider other factors in acting on the applications, including the effects of the proposal on the stability of the U.S. banking or financial system, the financial and managerial resources and future prospects of the companies and banks involved in the proposal, and competition in the relevant markets. The agencies also will be collecting information relating to these factors. Testimony at the public meetings will be presented to a panel consisting of Presiding Officers and other panel members appointed by the Presiding Officers. The Presiding Officers will have the authority and discretion to 1 The public meetings are being held as informal proceedings by the FDIC pursuant to 12 CFR 303.10(l). E:\FR\FM\21MRN1.SGM 21MRN1

Agencies

[Federal Register Volume 84, Number 55 (Thursday, March 21, 2019)]
[Notices]
[Pages 10516-10517]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-05401]


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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

[[Page 10517]]

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 April 18, 2019.
    A. Federal Reserve Bank of New York (Ivan Hurwitz, Vice President) 
33 Liberty Street, New York, New York 10045-0001. Comments can also be 
sent electronically to Comments.applications@ny.frb.org:
    1. Pioneer Bancorp, MHC and Pioneer Bancorp, Inc., both of Albany, 
New York; to become bank holding companies by acquiring 100 percent of 
the voting shares of Pioneer Bank, Albany, New York, upon its 
conversion to a stock savings bank.
    In connection to this application, Applicant also has applied to 
engage in extending credit and servicing loans, pursuant to section 
225.25(b)(1) of Regulation Y.
    B. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Minier Financial, Inc. Employee Stock Ownership Plan with 401 
(k) of Provisions, Minier, Illinois; to acquire an additional 6.37 
percent, for a total of 51 percent of the voting shares of Minier 
Financial, Inc., Minier, Illinois, and thereby indirectly acquire 
shares of First Farmers State Bank, Minier, Illinois.

    Board of Governors of the Federal Reserve System, March 18, 
2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019-05401 Filed 3-20-19; 8:45 am]
 BILLING P