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