Sunshine Act Meeting, 37658-37659 [2020-13555]

Download as PDF 37658 Federal Register / Vol. 85, No. 121 / Tuesday, June 23, 2020 / Notices SUMMARY OF ANNUAL BURDEN Information collection description Reverse Mortgage Products—Implementation. Reverse Mortgage Products—Ongoing. Total Estimated Annual Burden. Estimated time per response (hours) Estimated annual burden (hours) 1 1 ........................ 40 40 Voluntary ........... 30 1 ........................ 8 248 ........................... ........................... ........................ ........................... ........................ 280 The FDIC revised its estimates of the number of respondents to this information collection based on changes in the estimated number of respondents due to economic conditions. The hourly burden per response remains the same, recognizing a difference between the amount of time required to implement policies and procedures and the amount of time required to maintain records on an ongoing basis once those policies and procedures have been established. Total Estimated Number of Respondents jbell on DSKJLSW7X2PROD with NOTICES Estimated frequency of responses Voluntary ........... Methodology and Assumptions FDIC revised its estimate of the number of respondents to this information collection. Potential respondents to this information collection include all FDIC-supervised institutions that adopt or revise policies and procedures regarding reverse mortgage offerings. The estimate for respondents with ongoing reverse mortgage products was calculated using 2018 Home Mortgage Disclosure Act (HMDA) data and 2018 monthly U.S. Department of Housing and Urban Development (HUD) Home Equity Conversion Mortgage (HECM) data. For the 2018 HMDA data, the FDIC identified 27 institutions that had at least 1 application for a reverse mortgage.1 In order to account for reverse mortgage originators who did HMDA only began tracking reverse mortgages with the 2018 HMDA data, meaning that there is no way to identify reverse mortgages in HMDA data in 2017 or earlier. 1 17:17 Jun 22, 2020 Estimated number of respondents Third-Party Disclosure. Third-Party Disclosure. General Description of Collection: Respondents must prepare and provide certain disclosures to consumers (e.g., that insurance products and annuities are not FDIC-insured) and obtain consumer acknowledgments, at two different times: (1) Before the completion of the initial sale of an insurance product or annuity to a consumer; and (2) at the time of application for the extension of credit (if insurance products or annuities are sold, solicited, advertised, or offered in connection with an extension of credit). VerDate Sep<11>2014 Obligation to respond Type of burden Jkt 250001 not report HMDA data, the FDIC cross referenced to the 2018 HUD HECM data and identified 6 institutions with at least 1 application in the 2018 HUD HECM data. Three of those institutions were also identified in the 2018 HMDA data; thus, the FDIC identified 30 total reverse mortgage originators using 2018 data from the two sources. To estimate the number of institutions facing implementation burden, FDIC looked at the change in the estimated number of respondents facing ongoing burden for revising existing policies and procedures. In 2016 FDIC estimated the number of respondents facing ongoing burden to be 26. The current estimated number of FDIC-supervised institutions that offer reverse mortgages is 30. The FDIC assumes that approximately 4 institutions began offering reverse mortgages over the last three years and estimates the number of respondents implementing reverse mortgage products to be approximately one per year. Estimated Hourly Burden FDIC estimates the recordkeeping burden associated with implementing and documenting incentive-based compensation policies and procedures to be 40 hours per respondent, per year. FDIC estimates the recordkeeping burden associated with revising and documenting incentive-based compensation policies and procedures previously adopted and documented to be 8 hours per respondent, per year. Request for Comment Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the FDIC’s functions, including whether the information has practical utility; (b) the accuracy of the estimates of the burden of the information collection, including the validity of the methodology and assumptions used; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collection of information on respondents, including through the PO 00000 Frm 00037 Fmt 4703 Sfmt 4703 use of automated collection techniques or other forms of information technology. All comments will become a matter of public record. Federal Deposit Insurance Corporation. Dated at Washington, DC, on June 17, 2020. James P. Sheesley, Acting Assistant Executive Secretary. [FR Doc. 2020–13425 Filed 6–22–20; 8:45 am] BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Sunshine Act Meeting 2:30 p.m. on Thursday, June 25, 2020. PLACE: The meeting is open to the public. Out of an abundance of caution related to current and potential coronavirus developments, the public’s means to observe this Board meeting will be via a Webcast live on the internet and subsequently made available on-demand approximately one week after the event. Visit https:// fdic.windrosemedia.com to view the live event. Visit https:// fdic.windrosemedia.com/ index.php?category= FDIC+Board+Meetings after the meeting. If you need any technical assistance, please visit our Video Help page at: https://www.fdic.gov/video.html. Observers requiring auxiliary aids (e.g., sign language interpretation) for this meeting should call 703–562–2404 (Voice) or 703–649–4354 (Video Phone) to make necessary arrangements. STATUS: Open. MATTERS TO BE CONSIDERED: Pursuant to the provisions of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b), notice is hereby given that the Federal Deposit Insurance Corporation’s Board of Directors will meet in open session to consider the following matters: TIME AND DATE: Summary Agenda No substantive discussion of the following items is anticipated. These matters will be resolved with a single E:\FR\FM\23JNN1.SGM 23JNN1 Federal Register / Vol. 85, No. 121 / Tuesday, June 23, 2020 / Notices vote unless a member of the Board of Directors requests that an item be moved to the discussion agenda. Disposition of Minutes of a Board of Directors’ Meeting Previously Distributed. Memorandum and resolution re: Notice of Proposed Rulemaking: Branch Application Procedures. Reports of actions taken pursuant to authority delegated by the Board of Directors. Discussion Agenda Memorandum and resolution re: Interagency Final Rule on Volcker ReProposal of Certain Aspects of the Covered Funds Provisions of the Volcker Rule (Volcker 2.1). Memorandum and resolution re: Final Rule to Amend Swap Margin Rule. Memorandum and resolution re: Final Rule on Federal Interest Rate Authority. CONTACT PERSON FOR MORE INFORMATION: Requests for further information concerning the meeting may be directed to Mr. Robert E. Feldman, Executive Secretary of the Corporation, at 202– 898–7043. Dated at Washington, DC, on June 18, 2020. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2020–13555 Filed 6–19–20; 11:15 am] BILLING CODE 6714–01–P 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 July 8, 2020. A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. The Richard Earl Carter Irrevocable Trust dated 6/10/09 (REC Trust) and the Megan Nicole Dunn Irrevocable Trust dated 6/10/09 (MND Trust), both of Stigler, Oklahoma; and Frederick Michael Butler, Stigler, Oklahoma, and Eva L. White, Muskogee, Oklahoma, as co-trustees of the REC Trust and the MND Trust, to acquire voting shares of Stigler Bancorporation, Inc., Stigler, Oklahoma, and thereby indirectly acquire shares of The First National Bank of Stigler, Stigler, Oklahoma. Additionally, Frederick Michael Butler; Kerri L. Butler, Stigler, Oklahoma; the REC Trust; the MND Trust; and Eva L. White, as members of a group acting in concert, to acquire voting shares of Stigler Bancorporation, Inc. Board of Governors of the Federal Reserve System, June 18, 2020. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2020–13517 Filed 6–22–20; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM jbell on DSKJLSW7X2PROD with NOTICES Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company DEPARTMENT OF HEALTH AND HUMAN SERVICES 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 applications are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The public portions of 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(s) indicated below and at the offices of the Board of Governors. This information may also be obtained on an expedited basis, upon request, by contacting the appropriate Federal Reserve Bank and from the Board’s Freedom of Information Office at https://www.federalreserve.gov/foia/ request.htm. Interested persons may express their views in writing on the standards enumerated in paragraph 7 of the Act. VerDate Sep<11>2014 17:17 Jun 22, 2020 Jkt 250001 Centers for Disease Control and Prevention [60Day–20–20PE; Docket No. CDC–2020– 0071] Proposed Data Collection Submitted for Public Comment and Recommendations Centers for Disease Control and Prevention (CDC), Department of Health and Human Services (HHS). ACTION: Notice with comment period. AGENCY: The Centers for Disease Control and Prevention (CDC), as part of its continuing effort to reduce public burden and maximize the utility of government information, invites the general public and other Federal agencies the opportunity to comment on a proposed and/or continuing information collection, as required by the Paperwork Reduction Act of 1995. This notice invites comment on a proposed information collection project SUMMARY: PO 00000 Frm 00038 Fmt 4703 Sfmt 4703 37659 titled Operational Readiness Review (ORR) 2.0. The Operational Readiness Review is a rigorous, evidence-based assessment used to evaluate PHEP recipients’ planning and operational functions. DATES: CDC must receive written comments on or before August 24, 2020. ADDRESSES: You may submit comments, identified by Docket No. CDC–2020– 0071 by any of the following methods: • Federal eRulemaking Portal: Regulations.gov. Follow the instructions for submitting comments. • Mail: Jeffrey M. Zirger, Information Collection Review Office, Centers for Disease Control and Prevention, 1600 Clifton Road NE, MS–D74, Atlanta, Georgia 30329. Instructions: All submissions received must include the agency name and Docket Number. CDC will post, without change, all relevant comments to Regulations.gov. Please note: Submit all comments through the Federal eRulemaking portal (regulations.gov) or by U.S. mail to the address listed above. To request more information on the proposed project or to obtain a copy of the information collection plan and instruments, contact Jeffrey M. Zirger, Information Collection Review Office, Centers for Disease Control and Prevention, 1600 Clifton Road NE, MS– D74, Atlanta, Georgia 30329; phone: 404–639–7570; Email: omb@cdc.gov. SUPPLEMENTARY INFORMATION: Under the Paperwork Reduction Act of 1995 (PRA) (44 U.S.C. 3501–3520), Federal agencies must obtain approval from the Office of Management and Budget (OMB) for each collection of information they conduct or sponsor. In addition, the PRA also requires Federal agencies to provide a 60-day notice in the Federal Register concerning each proposed collection of information, including each new proposed collection, each proposed extension of existing collection of information, and each reinstatement of previously approved information collection before submitting the collection to the OMB for approval. To comply with this requirement, we are publishing this notice of a proposed data collection as described below. The OMB is particularly interested in comments that will help: 1. Evaluate whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; 2. Evaluate the accuracy of the agency’s estimate of the burden of the FOR FURTHER INFORMATION CONTACT: E:\FR\FM\23JNN1.SGM 23JNN1

Agencies

[Federal Register Volume 85, Number 121 (Tuesday, June 23, 2020)]
[Notices]
[Pages 37658-37659]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-13555]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Sunshine Act Meeting

TIME AND DATE: 2:30 p.m. on Thursday, June 25, 2020.

PLACE: The meeting is open to the public. Out of an abundance of 
caution related to current and potential coronavirus developments, the 
public's means to observe this Board meeting will be via a Webcast live 
on the internet and subsequently made available on-demand approximately 
one week after the event. Visit https://fdic.windrosemedia.com to view 
the live event. Visit https://fdic.windrosemedia.com/index.php?category=FDIC+Board+Meetings after the meeting. If you need 
any technical assistance, please visit our Video Help page at: https://www.fdic.gov/video.html.
    Observers requiring auxiliary aids (e.g., sign language 
interpretation) for this meeting should call 703-562-2404 (Voice) or 
703-649-4354 (Video Phone) to make necessary arrangements.

STATUS: Open.

MATTERS TO BE CONSIDERED: Pursuant to the provisions of the 
``Government in the Sunshine Act'' (5 U.S.C. 552b), notice is hereby 
given that the Federal Deposit Insurance Corporation's Board of 
Directors will meet in open session to consider the following matters:

Summary Agenda

    No substantive discussion of the following items is anticipated. 
These matters will be resolved with a single

[[Page 37659]]

vote unless a member of the Board of Directors requests that an item be 
moved to the discussion agenda.
    Disposition of Minutes of a Board of Directors' Meeting Previously 
Distributed.
    Memorandum and resolution re: Notice of Proposed Rulemaking: Branch 
Application Procedures.
    Reports of actions taken pursuant to authority delegated by the 
Board of Directors.

Discussion Agenda

    Memorandum and resolution re: Interagency Final Rule on Volcker Re-
Proposal of Certain Aspects of the Covered Funds Provisions of the 
Volcker Rule (Volcker 2.1).
    Memorandum and resolution re: Final Rule to Amend Swap Margin Rule.
    Memorandum and resolution re: Final Rule on Federal Interest Rate 
Authority.

CONTACT PERSON FOR MORE INFORMATION: Requests for further information 
concerning the meeting may be directed to Mr. Robert E. Feldman, 
Executive Secretary of the Corporation, at 202-898-7043.

    Dated at Washington, DC, on June 18, 2020.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2020-13555 Filed 6-19-20; 11:15 am]
BILLING CODE 6714-01-P
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