Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 17579 [2020-06573]

Download as PDF Federal Register / Vol. 85, No. 61 / Monday, March 30, 2020 / Notices Texas, individually and as trustee of the LPM Legacy Trust, as a group acting in concert. B. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. Katherine Rose Rainbolt, Sarah Duston Rainbolt, Caroline Jeannine Rainbolt-Forbes, and Eleanor Jane Rainbolt-Forbes, all of Denver, Colorado; to become members of the Rainbolt Family Group and acquire voting shares of BancFirst Corporation, Oklahoma City, Oklahoma, and thereby indirectly acquire voting shares of BancFirst, Oklahoma City, Oklahoma, and Pegasus Bank, Dallas, Texas. Board of Governors of the Federal Reserve System, March 25, 2020. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2020–06572 Filed 3–27–20; 8:45 am] 1. Stearns Financial Services, Inc., Employee Stock Ownership Plan, Saint Cloud, Minnesota; to acquire additional voting shares, for a total of 20.66 percent of the voting shares of Stearns Financial Services, Inc., Saint Cloud, Minnesota, and thereby indirectly acquire voting shares of Stearns Bank National Association, Saint Cloud, Minnesota; Stearns Bank of Upsala, National Association, Upsala, Minnesota; and Stearns Bank of Holdingford, National Association, Holdingford, Minnesota. Board of Governors of the Federal Reserve System, March 25, 2020. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2020–06573 Filed 3–27–20; 8:45 am] BILLING CODE 6210–01–P FEDERAL TRADE COMMISSION Agency Information Collection Activities; Submission for OMB Review; Comment Request BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM AGENCY: lotter on DSKBCFDHB2PROD with NOTICES Formations of, Acquisitions by, and Mergers of Bank Holding Companies ACTION: 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, if any, 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)). Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington DC 20551–0001, not later than April 29, 2020. A. Federal Reserve Bank of Minneapolis (Chris P. Wangen, Assistant Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: VerDate Sep<11>2014 18:05 Mar 27, 2020 Jkt 250001 Federal Trade Commission (FTC). Notice and request for comment. The FTC requests that the Office of Management and Budget (OMB) extend for three years the current PRA clearance for information collection requirements contained in the Rule Governing Pre-sale Availability of Written Warranty Terms. The current clearance expires on April 30, 2020. DATES: Comments must be received by April 29, 2020. ADDRESSES: Comments in response to this notice should be submitted to the OMB Desk Officer for the Federal Trade Commission within 30 days of this notice. You may submit comments using any of the following methods: Electronic: Write ‘‘Pre-sale Availability Rule: PRA Comment, P072108,’’ on your comment and file your comment online at https:// www.regulations.gov, by following the instructions on the web-based form. Email: MBX.OMB.OIRA.Submission@ OMB.eop.gov. Fax: (202) 395–5806. Mail: Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for the Federal Trade Commission, New Executive Office Building, Docket Library, Room 10102, 725 17th Street NW, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Christine M. Todaro, Attorney, Division of Marketing Practices, Bureau of Consumer Protection, Federal Trade SUMMARY: PO 00000 Frm 00052 Fmt 4703 Sfmt 4703 17579 Commission, 600 Pennsylvania Avenue NW, Washington, DC 20580, (202) 326– 3711. SUPPLEMENTARY INFORMATION: Title: Pre-sale Availability of Written Warranty Terms (Pre-Sale Availability Rule or Rule), 16 CFR 702. OMB Control Number: 3084–0112. Type of Review: Extension of a currently approved collection. Abstract: On December 31, 2019, the FTC sought public comment on the information collection requirements associated with the Rule. 84 FR 72362. No germane comments were received.1 Pursuant to the OMB regulations, 5 CFR part 1320, that implement the PRA, 44 U.S.C. 3501 et seq., the FTC is providing this second opportunity for public comment while seeking OMB approval to renew the pre-existing clearance for the Rule. The Pre-sale Availability Rule, 16 CFR 702, is one of three rules 2 that the FTC issued as required by the Magnuson Moss Warranty Act, 15 U.S.C. 2301 et seq. (Warranty Act or Act).3 This Rule requires sellers and warrantors to make the text of any written warranty on a consumer product costing more than $15 available to the consumer before sale. Among other things, the Rule requires sellers to make the text of the warranty readily available either by (1) displaying it in close proximity to the product or (2) furnishing it on request and posting signs in prominent locations advising consumers that the warranty is available. The Rule requires warrantors to provide materials to enable sellers to comply with the Rule’s requirements and also sets out the methods by which warranty information can be made available before the sale if the product is sold through catalogs, mail order, or door to door sales. In addition, in 2016, the FTC revised the Rule to allow warrantors to post warranty terms on internet websites if they also provide a non-internet based method for consumers to obtain the warranty terms and satisfy certain other conditions. The revised Rule also allows certain sellers to display warranty terms pre-sale in an electronic format if the warrantor has used the online method of disseminating warranty terms. Likely Respondents: Manufacturers and retailers of consumer products. 1 The Commission received nine non-germane comments. 2 The other two rules relate to the information that must appear in a written warranty on a consumer product costing more than $15 if a warranty is offered and minimum standards for informal dispute settlement mechanisms that are incorporated into a written warranty. 3 40 FR 60168 (Dec. 31, 1975). E:\FR\FM\30MRN1.SGM 30MRN1

Agencies

[Federal Register Volume 85, Number 61 (Monday, March 30, 2020)]
[Notices]
[Page 17579]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-06573]


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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 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, if any, 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)).
    Comments regarding each of these applications must be received at 
the Reserve Bank indicated or the offices of the Board of Governors, 
Ann E. Misback, Secretary of the Board, 20th Street and Constitution 
Avenue NW, Washington DC 20551-0001, not later than April 29, 2020.
    A. Federal Reserve Bank of Minneapolis (Chris P. Wangen, Assistant 
Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:
    1. Stearns Financial Services, Inc., Employee Stock Ownership Plan, 
Saint Cloud, Minnesota; to acquire additional voting shares, for a 
total of 20.66 percent of the voting shares of Stearns Financial 
Services, Inc., Saint Cloud, Minnesota, and thereby indirectly acquire 
voting shares of Stearns Bank National Association, Saint Cloud, 
Minnesota; Stearns Bank of Upsala, National Association, Upsala, 
Minnesota; and Stearns Bank of Holdingford, National Association, 
Holdingford, Minnesota.

    Board of Governors of the Federal Reserve System, March 25, 
2020.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2020-06573 Filed 3-27-20; 8:45 am]
 BILLING CODE 6210-01-P
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