Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 43237 [2020-15406]

Download as PDF Federal Register / Vol. 85, No. 137 / Thursday, July 16, 2020 / Notices FEDERAL RESERVE SYSTEM FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB 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. 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 31, 2020. A. Federal Reserve Bank of Minneapolis (Chris P. Wangen, Assistant Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. Mark R. Law, Sioux Falls, South Dakota, and Susan Berger Law, Oakland, California, each individually and together as a group acting in concert; to acquire voting shares of DCNB Holding Company, and thereby indirectly acquire shares of DNB National Bank, both of Clear Lake, South Dakota. Board of Governors of the Federal Reserve System, July 13, 2020. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2020–15406 Filed 7–15–20; 8:45 am] BILLING CODE P VerDate Sep<11>2014 17:43 Jul 15, 2020 Jkt 250001 Board of Governors of the Federal Reserve System. SUMMARY: The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Ongoing Intermittent Survey of Households (FR 3016; OMB No. 7100–0150). FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance Officer—Nuha Elmaghrabi—Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551, (202) 452–3829. Office of Management and Budget (OMB) Desk Officer—Shagufta Ahmed— Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office, Building, Room 10235, 725 17th Street, NW, Washington, DC 20503, or by fax to (202) 395–6974. A copy of the Paperwork Reduction Act (PRA) OMB submission, including the reporting form and instructions, supporting statement, and other documentation will be placed into OMB’s public docket files. These documents also are available on the Federal Reserve Board’s public website at https://www.federalreserve.gov/apps/ reportforms/review.aspx or may be requested from the agency clearance officer, whose name appears above. SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board authority under the PRA to approve and assign OMB control numbers to collections of information conducted or sponsored by the Board. Boardapproved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the PRA Submission, supporting statements, and approved collection of information instrument(s) are placed into OMB’s public docket files. AGENCY: Final Approval Under OMB Delegated Authority of the Extension for Three Years, Without Revision of the Following Information Collection(s) Report title: Ongoing Intermittent Survey of Households. Agency form number: FR 3016. OMB control number: 7100–0150. Frequency: Monthly. Respondents: Individuals and households. PO 00000 Frm 00033 Fmt 4703 Sfmt 4703 43237 Estimated number of respondents: 500. Estimated average hours per response: 1.6 minutes. Estimated annual burden hours: 160. General description of report: The Board uses the Ongoing Intermittent Survey of Households survey to study consumer financial decisions, attitudes, and payment behavior. The Board has a contract with the University of Michigan’s Survey Research Center (SRC) to include survey questions on behalf of the Board in an addendum to the SRC’s regular monthly Survey of Consumer Attitudes and Expectations. The SRC conducts the survey by telephone with a sample of 500 households and includes questions of special interest to the Board. Legal authorization and confidentiality: The FR 3016 is authorized by sections 2A and 12A of the Federal Reserve Act (FRA). Section 2A of the FRA requires that the Board and the Federal Open Market Committee (FOMC) ‘‘maintain long run growth of the monetary and credit aggregates commensurate with the economy’s long run potential to increase production, so as to promote effectively the goals of the maximum employment, stable prices, and moderate long-term interest rates.’’ 1 Under section 12A of the FRA, the FOMC is required to implement regulations relating to the open market operations conducted by Federal Reserve Banks ‘‘with a view to accommodating commerce and business and with regard to their bearing upon the general credit situation of the country.’’ 2 The information collection under the FR 3016 is used to fulfill these obligations. Survey submissions under the FR 3016 are voluntary. Location information associated with individual responses to the FR 3016 will be kept confidential under exemption 6 of the Freedom of Information Act (‘‘FOIA’’),3 which protects information ‘‘the disclosure of which would constitute a clearly unwarranted invasion of personal privacy.’’ Individual responses to other data fields from the FR 3016 may be kept confidential on a case-by-case basis. The Board will consider whether information collected through these surveys may be kept confidential under FOIA exemption 6, or any other applicable FOIA exemption. Current actions: On April 13, 2020, the Board published a notice in the Federal Register (85 FR 20495) requesting public comment for 60 days 1 12 U.S.C. 225a. U.S.C. 263(c). 3 5 U.S.C. 552(b)(6). 2 12 E:\FR\FM\16JYN1.SGM 16JYN1

Agencies

[Federal Register Volume 85, Number 137 (Thursday, July 16, 2020)]
[Notices]
[Page 43237]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-15406]



[[Page 43237]]

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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 
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.
    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 31, 2020.
    A. Federal Reserve Bank of Minneapolis (Chris P. Wangen, Assistant 
Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:
    1. Mark R. Law, Sioux Falls, South Dakota, and Susan Berger Law, 
Oakland, California, each individually and together as a group acting 
in concert; to acquire voting shares of DCNB Holding Company, and 
thereby indirectly acquire shares of DNB National Bank, both of Clear 
Lake, South Dakota.

    Board of Governors of the Federal Reserve System, July 13, 2020.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2020-15406 Filed 7-15-20; 8:45 am]
BILLING CODE P