Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 30703 [2020-10878]

Download as PDF Federal Register / Vol. 85, No. 98 / Wednesday, May 20, 2020 / Notices Needs and Uses: The Commission is requesting the Office of Management and Budget (OMB) approval for this new information collection. In the Uniendo a Puerto Rico Fund and Connect USVI Fund Order, the Commission comprehensively reformed the high-cost program within the universal service fund to focus support on networks capable of providing advanced, hardened voice and broadband services in Puerto Rico and the U.S. Virgin Islands (collectively, the Territories). Uniendo a Puerto Rico Fund and the Connect USVI Fund, WC Dockets Nos. 18–143 et al., Report and Order and Order on Reconsideration, 34 FCC Rcd 9109 (PR–USVI Order). As part of the PR–USVI Order, the Commission adopted a single-round competitive proposal process to award Stage 2 support for fixed telecommunications networks in the Territories (Stage 2 Competition). For the Stage 2 Competition, service providers will compete to receive highcost support of up to $504.7 million in Puerto Rico and $186.5 million in the U.S. Virgin Islands over 10 years to offer fixed voice and broadband services to all locations in the Territories in accordance with the framework adopted in the PR–USVI Order. The information collection requirements reported under this new collection are the result of the competitive proposal process adopted by the PR–USVI Order to award support to winning applicants. The Commission adopted various rules regarding the eligibility of service providers and the term of support. In addition, the Commission adopted rules to govern the competitive proposal process, which includes information to be submitted by parties as part of their competitive proposals and information that must be submitted by winning bidders seeking to become authorized to receive Stage 2 fixed support. The Commission concluded, based on its experience with awarding high-cost support and consistent with the record, that this single-stage competitive proposal process balances the need to collect information essential to awarding support and authorizing Stage 2 fixed support with administrative efficiency. The Commission estimates that approximately 20 parties will apply and approximately 10 will be selected as winning applicants. The Commission is therefore seeking approval from the OMB for the collection on FCC Form 5634 of the information, disclosures, and certifications adopted by the Commission. This information collection addresses the burdens associated with these requirements. VerDate Sep<11>2014 17:51 May 19, 2020 Jkt 250001 Federal Communications Commission. Marlene Dortch, Secretary, Office of the Secretary. [FR Doc. 2020–10531 Filed 5–19–20; 8:45 am] BILLING CODE 6712–01–P FEDERAL MARITIME COMMISSION 30703 Proposed Effective Date: 6/26/2020. Location: https://www2.fmc.gov/FMC. Agreements.Web/Public/Agreement History/2065. Dated: May 15, 2020. Rachel Dickon, Secretary. [FR Doc. 2020–10857 Filed 5–19–20; 8:45 am] Notice of Agreements Filed BILLING CODE 6730–02–P The Commission hereby gives notice of the filing of the following agreements under the Shipping Act of 1984. Interested parties may submit comments, relevant information, or documents regarding the agreements to the Secretary by email at Secretary@ fmc.gov, or by mail, Federal Maritime Commission, Washington, DC 20573. Comments will be most helpful to the Commission if received within 12 days of the date this notice appears in the Federal Register. Copies of agreements are available through the Commission’s website (www.fmc.gov) or by contacting the Office of Agreements at (202) 523– 5793 or tradeanalysis@fmc.gov. Agreement No.: 201234–004. Agreement Name: Agreement by Ocean Carriers to Participate on the Exchange Board. Parties: CMA CGM S.A.; COSCO SHIPPING Co., Ltd.; COSCO SHIPPING Lines Co., Ltd.; Hapag-Lloyd AG; Hyundai Merchant Marine Co., Ltd.; Maersk A/S; and Ocean Network Express Pte. Ltd. Filing Party: Ashley Craig; Venable LLP. Synopsis: The amendment removes Pacific International Lines (Pte) Ltd as a party pursuant to Article 7 of the Agreement and updates the name and address of the Maersk entity that is a party to the Agreement. Proposed Effective Date: 6/26/2020. Location: https://www2.fmc.gov/FMC. Agreements.Web/Public/Agreement History/2064. Agreement No.: 201235–004. Agreement Name: Agreement by Ocean Common Carriers to Use Standard Service Contract Terms. Parties: CMA CGM S.A.; COSCO SHIPPING Co., Ltd.; COSCO SHIPPING Lines Co., Ltd.; Hapag-Lloyd AG; Hyundai Merchant Marine Co., Ltd.; Maersk A/S; Orient Overseas Container Line Limited; OOCL (Europe) Limited; and Ocean Network Express Pte. Ltd. Filing Party: Ashley Craig; Venable LLP. Synopsis: The amendment removes Pacific International Lines (Pte) Ltd as a party pursuant to Article 7 of the Agreement and updates the name and address of the Maersk entity that is a party to the Agreement. PO 00000 Frm 00022 Fmt 4703 Sfmt 4703 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 June 19, 2020. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. Piper Holdings, Inc., Covington, Indiana; to acquire SBB Bancshares, Inc., and thereby indirectly acquire State Bank of Burnettsville, both of Burnettsville, Indiana. Board of Governors of the Federal Reserve System, May 15, 2020. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2020–10878 Filed 5–19–20; 8:45 am] BILLING CODE P E:\FR\FM\20MYN1.SGM 20MYN1

Agencies

[Federal Register Volume 85, Number 98 (Wednesday, May 20, 2020)]
[Notices]
[Page 30703]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-10878]


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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 June 19, 2020.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Piper Holdings, Inc., Covington, Indiana; to acquire SBB 
Bancshares, Inc., and thereby indirectly acquire State Bank of 
Burnettsville, both of Burnettsville, Indiana.

    Board of Governors of the Federal Reserve System, May 15, 2020.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2020-10878 Filed 5-19-20; 8:45 am]
BILLING CODE P
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