Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 40054-40055 [2019-17260]
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40054
Federal Register / Vol. 84, No. 156 / Tuesday, August 13, 2019 / Notices
funds and the procedures for filing such
a request. The comment period for this
notice expired on June 18, 2019. The
Board did not receive any comments.
The revisions will be implemented as
proposed.
Board of Governors of the Federal Reserve
System, August 7, 2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
Woodlands, Texas, and thereby
indirectly acquire Woodforest National
Bank, Houston, Texas.
Board of Governors of the Federal Reserve
System, August 8, 2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019–17319 Filed 8–12–19; 8:45 am]
BILLING CODE 6210–01–P
[FR Doc. 2019–17266 Filed 8–12–19; 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
FEDERAL RESERVE SYSTEM
jspears on DSK3GMQ082PROD with NOTICES
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 11,
2019.
A. Federal Reserve Bank of Dallas
(Robert L. Triplett III, Senior Vice
President) 2200 North Pearl Street,
Dallas, Texas 75201–2272:
1. Woodforest Financial Group
Employee Stock Ownership Plan (with
401(k) Provisions) and the related
Woodforest Financial Group Employee
Stock Ownership Trust, both of The
Woodlands, Texas; to acquire up to 30
percent of the voting shares of
Woodforest Financial Group, Inc., The
VerDate Sep<11>2014
17:51 Aug 12, 2019
Jkt 247001
Board of Governors of the
Federal Reserve System.
AGENCY:
SUMMARY: The Board of Governors of the
Federal Reserve System (Board) is
adopting a proposal to extend for three
years, without revision, the Written
Security Program for State Member
Banks (FR 4004; OMB No. 7100–0112).
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.
Office of Management and Budget
(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.
On June
15, 1984, OMB delegated to the Board
authority under the Paperwork
Reduction Act (PRA) to approve and
assign OMB control numbers to
collection of information requests and
requirements conducted or sponsored
by the Board. Board-approved
collections of information are
incorporated into the official OMB
inventory of currently approved
collections of information. Copies of the
PRA Submission, supporting statements
and approved collection of information
instrument(s) are placed into OMB’s
public docket files. The Board 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.
SUPPLEMENTARY INFORMATION:
PO 00000
Frm 00035
Fmt 4703
Sfmt 4703
Final Approval Under OMB Delegated
Authority of the Extension for Three
Years, Without Revision, of the
Following Information Collection
Report title: Written Security Program
for State Member Banks.
Agency form number: FR 4004.
OMB control number: 7100–0112.
Frequency: On occasion.
Respondents: State member banks.
Estimated number of respondents: 26.
Estimated average hours per response:
1 hour.
Estimated annual burden hours: 26.
General description of report: This
information collection arises from a
recordkeeping requirement contained in
section 208.61 of the Board’s Regulation
H, which requires each state member
bank to develop and maintain a written
security program for the bank’s main
office and branches within 180 days of
becoming a member of the Federal
Reserve System. There is no formal
reporting form for this collection of
information (the FR 4004 designation is
for internal purposes only), and the
information is not submitted to the
Federal Reserve System.
Legal authorization and
confidentiality: The FR 4004
recordkeeping requirement is
authorized by section 3 of the Bank
Protection Act of 1968, which requires
federal banking agencies to issue rules
establishing minimum standards for
banks with respect to the installation,
maintenance, and operation of security
devices and procedures to discourage
robberies, burglaries, and larcenies and
to assist in the identification and
apprehension of persons who commit
such acts.1 The FR 4004 is mandatory.
Because there is no reporting
requirement associated with this
recordkeeping requirement, the issue of
confidentiality does not normally arise.
If a bank’s written security program
were retained during the course of an
examination, it may be exempt from
disclosure under exemption 8 of the
Freedom of Information Act (FOIA),
which protects bank examination
material.2 In addition, the records may
also be exempt from disclosure under
exemption 4 of the FOIA, which
protects from disclosure ‘‘trade secrets
and commercial or financial information
obtained from a person [that is]
privileged or confidential.’’ 3
Current actions: On April 19, 2019,
the Board published a notice in the
Federal Register (84 FR 16492)
requesting public comment for 60 days
on the extension, without revision, of
1 12
U.S.C. 1882(a).
U.S.C. 552(b)(8).
3 12 U.S.C. 552(b)(4).
25
E:\FR\FM\13AUN1.SGM
13AUN1
Federal Register / Vol. 84, No. 156 / Tuesday, August 13, 2019 / Notices
Board of Governors of the Federal Reserve
System, August 7, 2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019–17260 Filed 8–12–19; 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, with revision, the Request for
Extension of Time to Dispose of Assets
Acquired in Satisfaction of Debts
Previously Contracted (FR 4006; OMB
No. 7100–0129).
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.
Office of Management and Budget
(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.
A copy of the PRA OMB submission,
including the reporting form and
instructions, supporting statement, and
other documentation will be placed into
OMB’s public docket files. These
documents also are available on the
Federal Reserve Board’s public website
at https://www.federalreserve.gov/apps/
reportforms/review.aspx or may be
requested from the agency clearance
officer, whose name appears above.
SUPPLEMENTARY INFORMATION: On June
15, 1984, OMB delegated to the Board
authority under the Paperwork
Reduction Act (PRA) to approve and
assign OMB control numbers to
collection of information 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
PRA Submission, supporting statements
and approved collection of information
jspears on DSK3GMQ082PROD with NOTICES
VerDate Sep<11>2014
17:51 Aug 12, 2019
Jkt 247001
for up to five additional years (for a total
of 10 years). Pursuant to section
225.12(b) of Regulation Y, a BHC may
Final Approval Under OMB Delegated
request an extension of the section 3(a)
Authority of the Extension for Three
holding period for voting securities of a
Years, With Revision, of the Following
bank or BHC acquired in the ordinary
Information Collection
course of collecting a DPC in good faith.
Report title: Request for Extension of
Pursuant to section 225.22(d)(1) of
Time to Dispose of Assets Acquired in
Regulation Y, a BHC may request an
Satisfaction of Debts Previously
extension of the section 4(c)(2) holding
Contracted (DPC).
period for voting securities or assets of
Agency form number: FR 4006.
a nonbanking company acquired in the
OMB control number: 7100–0129.
ordinary course of collecting a DPC in
Frequency: Event-generated.
good faith. The FR 4006 is required to
Respondents: Bank holding
obtain the benefit of being permitted to
companies (BHCs).
retain ownership, for more than two
Estimated number of respondents:
years, of voting securities or assets
Section 3(a) DPC: 21; Section 4(c)(2)
acquired in the ordinary course of
DPC: 42.
collection of a DPC. Individual
Estimated average hours per response: respondents may request that
Section 3(a) DPC: 5 hours; Section
information submitted to the Board,
4(c)(2) DPC: 5 hours.
pursuant to sections 225.12(b) and
Estimated annual burden hours:
225.22(d) of Regulation Y, be kept
Section 3(a) DPC: 105 hours; Section 4
confidential on a case-by-case basis.
(c)(2) DPC: 210 hours.
Such requests generally contain
General description of report: The
information related to how the BHC
Bank Holding Company Act (BHC Act)
acquired shares or assets and the plans
and the Board’s Regulation Y require a
of the BHC to divest the shares or assets.
BHC that acquired voting securities or
Under certain circumstances, this
assets through foreclosure or otherwise
information may qualify under
in the ordinary course of collecting a
exemption 4 of the Freedom of
DPC to seek prior Board approval in
Information Act, which protects
order to retain ownership of those
privileged or confidential commercial or
shares or assets for more than two years. financial information (5 U.S.C.
There are no required formal reporting
552(b)(4)).
forms associated with this information
Current actions: On April 3, 2019, the
collection (the FR 4006 designation is
Board published a notice in the Federal
for internal purposes only). Instead, a
Register (84 FR 13044) requesting
BHC is required to submit any extension public comment for 60 days on the
request to the Reserve Bank that has
extension, with revision, of the Request
direct supervisory responsibility for the for Extension of Time to Dispose of
requesting BHC. The Board uses the
Assets Acquired in Satisfaction of Debts
information provided in the request to
Previously Contracted (DPC). The Board
fulfill its statutory obligation to
will revise the FR 4006 to account for
supervise BHCs.
requests for an extension of the section
Legal authorization and
3(a) holding period for bank DPC
confidentiality: The FR 4006 is
property pursuant to section 225.12(b)
authorized pursuant to sections 3(a) and of the Board’s Regulation Y. The FR
4(c)(2) of the BHC Act 1 and sections
4006 currently does not account for this
225.12(b) and 225.22(d) of Regulation
collection of information. The comment
Y.2 Under sections 3(a) and 4(c)(2) of the period for this notice expired on June 3,
BHC Act and sections 225.12(b) and
2019. The Board did not receive any
225.22(d)(1) of the Board’s Regulation Y, comments. The revision will be
a BHC is not required to seek prior
implemented as proposed.
Board approval before acquiring
Board of Governors of the Federal Reserve
securities or assets in the ordinary
System, August 7, 2019.
course of collecting a DPC in good faith,
Michele Taylor Fennell,
if such securities or assets (the ‘‘DPC
property’’) are divested within two years Assistant Secretary of the Board.
[FR Doc. 2019–17262 Filed 8–12–19; 8:45 am]
of acquisition. In order to hold the DPC
BILLING CODE 6210–01–P
property beyond the two-year period, a
BHC is required to seek the approval of
the Board. The two-year period may be
FEDERAL RESERVE SYSTEM
extended by the Board for up to three
additional years, and holdings in certain Formations of, Acquisitions by, and
types of DPC property may be extended
Mergers of Bank Holding Companies
instrument(s) are placed into OMB’s
public docket files.
the FR 4004. The comment period for
this notice expired on June 18, 2019.
The Board did not receive any
comments.
AGENCY:
40055
1 12
2 12
PO 00000
U.S.C. 1842(a) and 1843(c)(2).
CFR 225.22(d).
Frm 00036
Fmt 4703
Sfmt 4703
The companies listed in this notice
have applied to the Board for approval,
E:\FR\FM\13AUN1.SGM
13AUN1
]]>Agencies
[Federal Register Volume 84, Number 156 (Tuesday, August 13, 2019)]
[Notices]
[Pages 40054-40055]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-17260]
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Announcement of Board
Approval Under Delegated Authority and Submission to OMB
AGENCY: 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
Written Security Program for State Member Banks (FR 4004; OMB No. 7100-
0112).
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.
Office of Management and Budget (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.
SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board
authority under the Paperwork Reduction Act (PRA) to approve and assign
OMB control numbers to collection of information requests and
requirements conducted or sponsored by the Board. Board-approved
collections of information are incorporated into the official OMB
inventory of currently approved collections of information. Copies of
the PRA Submission, supporting statements and approved collection of
information instrument(s) are placed into OMB's public docket files.
The Board 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.
Final Approval Under OMB Delegated Authority of the Extension for Three
Years, Without Revision, of the Following Information Collection
Report title: Written Security Program for State Member Banks.
Agency form number: FR 4004.
OMB control number: 7100-0112.
Frequency: On occasion.
Respondents: State member banks.
Estimated number of respondents: 26.
Estimated average hours per response: 1 hour.
Estimated annual burden hours: 26.
General description of report: This information collection arises
from a recordkeeping requirement contained in section 208.61 of the
Board's Regulation H, which requires each state member bank to develop
and maintain a written security program for the bank's main office and
branches within 180 days of becoming a member of the Federal Reserve
System. There is no formal reporting form for this collection of
information (the FR 4004 designation is for internal purposes only),
and the information is not submitted to the Federal Reserve System.
Legal authorization and confidentiality: The FR 4004 recordkeeping
requirement is authorized by section 3 of the Bank Protection Act of
1968, which requires federal banking agencies to issue rules
establishing minimum standards for banks with respect to the
installation, maintenance, and operation of security devices and
procedures to discourage robberies, burglaries, and larcenies and to
assist in the identification and apprehension of persons who commit
such acts.\1\ The FR 4004 is mandatory.
---------------------------------------------------------------------------
\1\ 12 U.S.C. 1882(a).
---------------------------------------------------------------------------
Because there is no reporting requirement associated with this
recordkeeping requirement, the issue of confidentiality does not
normally arise. If a bank's written security program were retained
during the course of an examination, it may be exempt from disclosure
under exemption 8 of the Freedom of Information Act (FOIA), which
protects bank examination material.\2\ In addition, the records may
also be exempt from disclosure under exemption 4 of the FOIA, which
protects from disclosure ``trade secrets and commercial or financial
information obtained from a person [that is] privileged or
confidential.'' \3\
---------------------------------------------------------------------------
\2\ 5 U.S.C. 552(b)(8).
\3\ 12 U.S.C. 552(b)(4).
---------------------------------------------------------------------------
Current actions: On April 19, 2019, the Board published a notice in
the Federal Register (84 FR 16492) requesting public comment for 60
days on the extension, without revision, of
[[Page 40055]]
the FR 4004. The comment period for this notice expired on June 18,
---------------------------------------------------------------------------
2019. The Board did not receive any comments.
Board of Governors of the Federal Reserve System, August 7,
2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019-17260 Filed 8-12-19; 8:45 am]
BILLING CODE 6210-01-P
