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