Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 50840 [2019-20919]

Download as PDF khammond on DSKJM1Z7X2PROD with NOTICES 50840 Federal Register / Vol. 84, No. 187 / Thursday, September 26, 2019 / Notices 10(f) of the HOLA (12 U.S.C. 1467a(f)). The Board also has the authority to require reports from savings and loan holding companies under Section 10(a) and (b) of the HOLA (12 U.S.C. 1467a(b) and (g)). Section 10(f) of the HOLA provides that every subsidiary savings association of an SLHC shall give the Board at least 30 days’ advance notice of the proposed declaration by its directors of any stock dividend. Individual respondents may request that information submitted on the FR 1583 be kept confidential on a case-bycase basis. If a respondent requests confidential treatment, the Board will determine whether the information is entitled to confidential treatment on an ad hoc basis. The FR 1583 may include information related to the SLHC’s business operations, such as terms and sources of the funding for dividends and pro forma balance sheets. This information may be kept confidential under exemption 4 of the Freedom of Information Act, which protects privileged or confidential commercial or financial information (5 U.S.C. 552(b)(4)). Current actions: On June 17, 2019, the Board published a notice in the Federal Register (84 FR 28049) requesting public comment for 60 days on the extension, with revision, of the Notice of Proposed Declaration of Dividend. The Board proposed several revisions to make the FR 1583 consistent with the format of other Board forms and to reflect the Board’s regulations. Specifically, the Board proposed the following revisions: 1. Adding an item requiring the filer to identify the ‘‘Nature of the Dividend.’’ Board regulations permit a dividend to consist of the distribution of cash or other property, or any transaction that is substantively a dividend, as provided by the Board (12 CFR 238.102(d)). The Reserve Bank must know the nature of the dividend to review the notice for consistency with the Board’s regulations. 2. Adding an item requesting date of filing. This information is customarily requested in Board reporting forms so that the timing of filings can be tracked. 3. Deleting an item asking the filer to select whether the institution qualifies or does not qualify for expedited treatment. The Board’s regulations do not provide for expedited treatment of notices of proposed declarations of dividends. 4. Deleting an item asking the filer to select whether the submission is a notice or application. The Board’s regulations provide that a filer provide notice, rather than an application, to the VerDate Sep<11>2014 16:48 Sep 25, 2019 Jkt 247001 appropriate Reserve Bank (12 CFR 238.103). 5. Deleting an item allowing institutions to attach additional information required pursuant to the Office of Thrift Supervision’s regulations (12 CFR 563.143). The Board does not have analogous regulations. 6. Adding the option to submit the FR 1583 electronically by Portable Document Format. Use of electronic submissions will reduce burden on both the filer and the Board. 7. Adding two items for the printed name of the firm Executive Officer and Secretary who sign the FR 1583. This change will help Federal Reserve staff identify the individuals associated with the filing. The comment period for this notice expired on August 16, 2019. The Board did not receive any comments. The revisions will be implemented as proposed. FEDERAL RESERVE SYSTEM 1. Michael C. Martin Gift Trust, Kristine M.P. Martin and William S. Martin as co-trustees; the William S. Martin Gift Trust, Jeanne Anna Kelso and William C. Martin as co-trustees; the William C. Martin GRAT Remainder Trust fbo William S. Martin, William C. Martin as trustee; the William C. Martin GRAT Remainder Trust fbo Michael C. Martin, William C. Martin as trustee; the William C. Martin 2019 Grantor Retained Annuity Trust #1, William C. Martin as trustee; and the William C. Martin 2019 Grantor Retained Annuity Trust #2, William C. Martin as trustee, all of Ann Arbor, Michigan; to be approved as members acting in concert with the Martin Family Control Group, to retain and acquire voting shares of Arbor Bancorp, Inc., parent holding company of Bank of Ann Arbor, both of Ann Arbor, Michigan. 2. David A. Albin; and David A. Albin, as general partner of MJD Family Investments Limited Partnership and DAA Investments, L.P., all of Newman, Illinois; as a group acting in concert, to retain voting shares of Longview Capital Corporation, Newman, Illinois, parent holding company of Longview Bank, Ogden, Illinois; Longview Bank & Trust, Chrisman, Illinois; and Bank of Gibson City, Gibson City, Illinois. Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company Board of Governors of the Federal Reserve System, September 23, 2019. Yao-Chin Chao, Assistant Secretary of the Board. Board of Governors of the Federal Reserve System, September 23, 2019. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2019–20940 Filed 9–25–19; 8:45 am] BILLING CODE P The notificants listed below have applied under the Change in Bank Control Act (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 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 paragraph 7 of the Act. Comments regarding each of these applications must be received at the Federal Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th and Constitution Avenue NW, Washington, DC 20551–0001, not later than October 15, 2019. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: PO 00000 Frm 00024 Fmt 4703 Sfmt 4703 [FR Doc. 2019–20919 Filed 9–25–19; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. ACTION: Notice, request for comment. AGENCY: The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, with revision, the Financial Statements for Holding Companies (FR Y–9 Reports; OMB No. 7100–0128). DATES: Comments must be submitted on or before November 25, 2019. ADDRESSES: You may submit comments, identified by FR Y–9 Reports by any of the following methods: • Agency Website: https:// www.federalreserve.gov/. Follow the instructions for submitting comments at https://www.federalreserve.gov/apps/ foia/proposedregs.aspx. • Email: regs.comments@ federalreserve.gov. Include the OMB SUMMARY: E:\FR\FM\26SEN1.SGM 26SEN1

Agencies

[Federal Register Volume 84, Number 187 (Thursday, September 26, 2019)]
[Notices]
[Page 50840]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-20919]


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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 (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 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 paragraph 7 of the Act.
    Comments regarding each of these applications must be received at 
the Federal Reserve Bank indicated or the offices of the Board of 
Governors, Ann E. Misback, Secretary of the Board, 20th and 
Constitution Avenue NW, Washington, DC 20551-0001, not later than 
October 15, 2019.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Michael C. Martin Gift Trust, Kristine M.P. Martin and William 
S. Martin as co-trustees; the William S. Martin Gift Trust, Jeanne Anna 
Kelso and William C. Martin as co-trustees; the William C. Martin GRAT 
Remainder Trust fbo William S. Martin, William C. Martin as trustee; 
the William C. Martin GRAT Remainder Trust fbo Michael C. Martin, 
William C. Martin as trustee; the William C. Martin 2019 Grantor 
Retained Annuity Trust #1, William C. Martin as trustee; and the 
William C. Martin 2019 Grantor Retained Annuity Trust #2, William C. 
Martin as trustee, all of Ann Arbor, Michigan; to be approved as 
members acting in concert with the Martin Family Control Group, to 
retain and acquire voting shares of Arbor Bancorp, Inc., parent holding 
company of Bank of Ann Arbor, both of Ann Arbor, Michigan.
    2. David A. Albin; and David A. Albin, as general partner of MJD 
Family Investments Limited Partnership and DAA Investments, L.P., all 
of Newman, Illinois; as a group acting in concert, to retain voting 
shares of Longview Capital Corporation, Newman, Illinois, parent 
holding company of Longview Bank, Ogden, Illinois; Longview Bank & 
Trust, Chrisman, Illinois; and Bank of Gibson City, Gibson City, 
Illinois.

    Board of Governors of the Federal Reserve System, September 23, 
2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019-20919 Filed 9-25-19; 8:45 am]
BILLING CODE P