Proposed Collection; Comment Request, 27604-27622 [2021-10771]

Download as PDF 27604 Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices according to the monthly reporting schedule. Additional disclosure information for the Texas special elections may be found on the FEC website at https:// www.fec.gov/help-candidates-andcommittees/dates-and-deadlines/. Disclosure of Lobbyist Bundling Activity Principal campaign committees, party committees and leadership PACs that are otherwise required to file reports in connection with the special election must simultaneously file FEC Form 3L if they receive two or more bundled contributions from lobbyists/registrants or lobbyist/registrant PACs that aggregate in excess of $19,300 during the special election reporting period. (See charts below for closing date of each period.) 11 CFR 104.22(a)(5)(v), (b), 110.17(e)(2), (f). CALENDAR OF REPORTING DATES FOR TEXAS SPECIAL ELECTION Close of books 1 Report Reg./cert. & overnight mailing deadline Filing deadline —WAIVED— 07/12/2021 08/26/2021 10/15/2021 ........................ 07/15/2021 08/26/2021 10/15/2021 Campaign Committees Involved in the Special Runoff (07/27/2021) Must File July Quarterly ............................................................................................................................... Pre-Runoff .................................................................................................................................... Post-Runoff .................................................................................................................................. October Quarterly ........................................................................................................................ ........................ 07/07/2021 08/16/2021 09/30/2021 PACS and Party Committees Not Filing Monthly Involved in the Special Runoff (07/27/2021) Must File Pre-Runoff & Mid-Year 2 .............................................................................................................. Post-Runoff .................................................................................................................................. Year-End ...................................................................................................................................... 07/07/2021 08/16/2021 12/31/2021 07/12/2021 08/26/2021 01/31/2022 07/15/2021 08/26/2021 01/31/2022 1 The reporting period always begins the day after the closing date of the last report filed. If the committee is new and has not previously filed a report, the first report must cover all activity that occurred before the committee registered as a political committee up through the close of books for the first report due. 2 Committees should file a consolidated Pre-Runoff & Mid-Year Report by the filing deadline of the Pre-Runoff Report. Dated: May 18, 2021. On behalf of the Commission, Shana M. Broussard, Chair, Federal Election Commission. [FR Doc. 2021–10777 Filed 5–20–21; 8:45 am] BILLING CODE 6715–01–P FEDERAL HOUSING FINANCE AGENCY [No. 2021–N–6] Proposed Collection; Comment Request Federal Housing Finance Agency. ACTION: Federal Home Loan Bank Directors—30-day notice of submission of information collection for approval from Office of Management and Budget. AGENCY: In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA or the Agency) is seeking public comments concerning an information collection known as ‘‘Federal Home Loan Bank Directors,’’ which has been assigned control number 2590–0006 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which expired on February 28, 2021. jbell on DSKJLSW7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 Interested persons may submit comments on or before June 21, 2021. ADDRESSES: Submit comments to the Office of Information and Regulatory Affairs of the Office of Management and Budget, Attention: Desk Officer for the Federal Housing Finance Agency, Washington, DC 20503, Fax: (202) 395– 3047, Email: OIRA_submission@ omb.eop.gov. Please also submit comments to FHFA, identified by ‘‘Proposed Collection; Comment Request: ‘Federal Home Loan Bank Directors, (No. 2021–N–6)’ ’’ by any of the following methods: • Agency Website: www.fhfa.gov/ open-for-comment-or-input. • Federal eRulemaking Portal: https:// www.regulations.gov. Follow the instructions for submitting comments. If you submit your comment to the Federal eRulemaking Portal, please also send it by email to FHFA at RegComments@fhfa.gov to ensure timely receipt by the agency. • Mail/Hand Delivery: Federal Housing Finance Agency, Eighth Floor, 400 Seventh Street SW, Washington, DC 20219, ATTENTION: Proposed Collection; Comment Request: ‘‘Federal Home Loan Bank Directors, (No. 2021– N–6).’’ We will post all public comments we receive without change, including any personal information you provide, such as your name and address, email address, and telephone number, on the DATES: PO 00000 Frm 00053 Fmt 4703 Sfmt 4703 FHFA website at https://www.fhfa.gov. In addition, copies of all comments received will be available for examination by the public through the electronic comment docket for this PRA Notice also located on the FHFA website. FOR FURTHER INFORMATION CONTACT: Vickie Olafson, Assistant General Counsel, Vickie.Olafson@fhfa.gov, (202) 649–3025; or Angela Supervielle, Counsel, Angela.Supervielle@fhfa.gov, (202) 649–3973 (these are not toll-free numbers); Federal Housing Finance Agency, 400 Seventh Street SW, Washington, DC 20219. The Telecommunications Device for the Deaf is (800) 877–8339. SUPPLEMENTARY INFORMATION: A. Need for and Use of the Information Collection Section 7 of the Federal Home Loan Bank Act (Bank Act) vests the management of each Federal Home Loan Bank (Bank) in its board of directors.1 As required by section 7, each Bank’s board comprises two types of directors: (1) Member directors, who are drawn from the officers and directors of member institutions located in the Bank’s district and who are elected to represent members in a particular state in that district; and (2) independent directors, who are unaffiliated with any 1 See E:\FR\FM\21MYN1.SGM 12 U.S.C. 1427(a)(1). 21MYN1 jbell on DSKJLSW7X2PROD with NOTICES Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices of the Bank’s member institutions, but who reside in the Bank’s district and are elected on an at-large basis.2 Both types of directors serve four-year terms, which are staggered so that approximately onequarter of a Bank’s total directorships are up for election every year.3 Section 7 and FHFA’s implementing regulation, codified at 12 CFR part 1261, establish the eligibility requirements for both types of Bank directors and the professional qualifications for independent directors, and set forth the procedures for their election. Part 1261 requires that each Bank administer its own annual director election process. As part of this process, a Bank must require each nominee for both types of directorship, including any incumbent that may be a candidate for re-election, to complete and return to the Bank a form that solicits information about the candidate’s statutory eligibility to serve and, in the case of independent director candidates, about his or her professional qualifications for the directorship being sought.4 Specifically, member director candidates are required to complete the Federal Home Loan Bank Member Director Eligibility Certification Form (Member Director Eligibility Certification Form), while independent director candidates must complete the Federal Home Loan Bank Independent Director Application Form (Independent Director Application Form). Each Bank must also require all of its incumbent directors to certify annually that they continue to meet all eligibility requirements.5 Member directors do this by completing the Member Director Eligibility Certification Form again every year, while independent directors complete the abbreviated Federal Home Loan Bank Independent Director Annual Certification Form (Independent Director Annual Certification Form) to certify their ongoing eligibility. The Banks use the information collection contained in the Independent Director Application Form and part 1261 to determine whether individuals who wish to stand for election or reelection as independent directors satisfy the statutory eligibility requirements and possess the professional qualifications required under the statute and regulations. Only individuals meeting those requirements and qualifications may serve as an independent director.6 On an annual basis, the Banks use the information 2 See 12 U.S.C. 1427(a)(4), (b), and (d). 12 U.S.C. 1427(d). 4 See 12 CFR 1261.7(c) and (f); 12 CFR 1261.14(b). 5 See 12 CFR 1261.12. 6 See 12 U.S.C. 1427(a)(3). 3 See VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 collection contained in the Independent Director Annual Certification Form and part 1261 to determine whether their incumbent independent directors continue to meet the statutory eligibility requirements. The Banks use the information collection contained in the Member Director Eligibility Certification Form and part 1261 to determine whether individuals who wish to stand for election or re-election as member directors satisfy the statutory eligibility requirements. Only individuals meeting these requirements may serve as a member director.7 On an annual basis, the Banks also use the information collection contained in the Member Director Eligibility Certification Form and part 1261 to determine whether their incumbent member directors continue to meet the statutory eligibility requirements. The OMB control number for this information collection is 2590–0006. The current clearance for the information collection expired on February 28, 2021. The likely respondents are individuals who are prospective and incumbent Bank directors. B. Revisions to the Bank Director Forms In advance of the 2021 Bank director election cycle, FHFA has revised each of the three Bank Director Application and Certification forms, all of which have existed in substantially their current form since the current statutory requirements for Bank directors were adopted in 2008. The Independent Director Application Form, by far the longest of the three forms and requiring a number of essaytype answers, is completed by all independent directorship nominees, including incumbents seeking renomination. The information requested on the form is designed to confirm that the nominee is legally eligible to serve as an independent director, has the required professional qualifications for the type of independent directorship being sought, and is of high personal integrity and to identify any potential conflicts of interest of which the Bank should be aware. The revisions tie the questions more closely to statutory and regulatory requirements, provide more structured answer choices so as to ensure responses are relevant, solicit more comprehensive information on issues about which the Bank must weigh facts to make a legal judgment about the nominee’s eligibility, and generally streamline the questions. The revisions should allow nominees to complete the form more quickly by 7 See PO 00000 12 U.S.C. 1427(a)(3) and (b)(1). Frm 00054 Fmt 4703 Sfmt 4703 27605 providing preset answer choices for many questions, permitting attachments in answer to certain questions, and eliminating some superfluous questions. FHFA estimates that, in addition to encouraging more accurate and complete answers, the revisions will reduce the amount of time it takes a nominee to complete the form from three to two hours. The Independent Director Annual Certification Form is completed by incumbent independent directors annually to certify that they remain legally eligible to serve. The prior form provided independent directors with the option merely to check a box stating that ‘‘no changes have occurred’’ with respect to the director’s compliance with the statutory eligibility requirements. In the Agency’s view, providing this option resulted in some independent directors overlooking changes in residence or employment that might have rendered them ineligible to continue to serve. The revised form requires independent directors to provide current information on residence and employment to allow the Bank to determine whether there may be new information leading to eligibility concerns. The Member Director Eligibility Certification Form is completed both by nominees running for a member directorship and annually by incumbent member directors to certify their continuing eligibility. The form is intended to confirm that member directors and member directorship nominees are legally eligible to serve in the directorship positions they occupy or are seeking. Although some questions on the form have been revised to provide preset answers, the substance of the questions on the revised form remain essentially the same as those on the prior form. The Member Director Eligibility Certification Form was most recently revised in August 2020 to remove a notarization requirement (neither of the other two Bank director forms had such a requirement). The revised questions, including preset answer selections, and instructions for each of the Bank director forms appear at the end of this notice. The final formatting of the revised forms is currently in process. C. Burden Estimate FHFA estimates the total annual hour burden imposed upon respondents by the three Bank director forms comprising this information collection to be 119 hours (39 hours + 50 hours + 30 hours = 119 hours, as detailed below). E:\FR\FM\21MYN1.SGM 21MYN1 27606 Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices jbell on DSKJLSW7X2PROD with NOTICES The Agency estimates the total annual hour burden on all member director candidates and incumbent member directors associated with review and completion of the Member Director Eligibility Certification Form to be 39 hours. This includes a total annual average of 72 member director nominees (24 open seats per year with three nominees for each) completing the form as an application, with 1 response per nominee taking an average of 15 minutes (.25 hours) (72 respondents × .25 hours = 18 hours). It also includes a total annual average of 84 incumbent member directors not up for election completing the form as an annual certification, with 1 response per individual taking an average of 15 minutes (.25 hours) (84 individuals × .25 hours = 21 hours). The Agency estimates the total annual hour burden on all independent director candidates associated with review and completion of the Independent Director Application Form to be 50 hours. This includes a total annual average of 25 independent director candidates (22 open seats per year, plus three vacancies, with one nominee for each), with 1 response per individual taking an average of 2.0 hours (25 individuals × 2.0 hours = 50 hours). The Agency estimates the total annual hour burden on all incumbent independent directors associated with review and completion of the Independent Director Annual Certification Form to be 30 hours. This includes a total annual average of 60 VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 incumbent independent directors not up for election, with 1 response per individual taking an average of 30 minutes (.5 hours) (60 individuals × .5 hours = 30 hours). D. Comments Request In accordance with the requirements of 5 CFR 1320.8(d), FHFA published an initial notice and request for public comments regarding this information collection in the Federal Register on March 3, 2021.8 The 60-day comment period closed on May 3, 2021. FHFA received two comment letters—one from the eleven Banks jointly and one from a trade association. In their joint letter, the Banks made a number of suggestions regarding the rephrasing of questions and instructions on each of the forms for greater clarity and to better elicit pertinent information. FHFA has further revised the forms to incorporate most of those suggestions, some verbatim and others in essence. The Banks also requested that FHFA add more detail to the Independent Director Application Form questions and instructions regarding the Agency’s interpretations of the statutory and regulatory independence requirements applying to independent directors and the qualifications requirements for public interest independent directors. FHFA has declined to make those revisions (although it has slightly modified the material on public interest director 8 See PO 00000 86 FR 12448 (Mar. 3, 2021). Frm 00055 Fmt 4703 Sfmt 4703 qualifications for greater clarity). Agency interpretations of statutory and regulatory requirements pertaining to Bank director eligibility are discussed in the forms only to the extent necessary to clarify the purpose of particular questions so as to better ensure the provision of accurate and relevant responses. The Bank director forms are not intended to serve as guidance documents. The trade association’s comment letter focused on FHFA’s interpretations of the statutory qualifications requirements for public interest independent directors. Neither comment letter questioned the need for the information collection or addressed the Agency’s burden estimates. FHFA requests written comments on the following: (1) Whether the collection of information is necessary for the proper performance of FHFA functions, including whether the information has practical utility; (2) the accuracy of FHFA’s estimates of the burdens of the collection of information; (3) ways to enhance the quality, utility, and clarity of the information collected; and (4) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology. Kevin Smith, Chief Information Officer, Federal Housing Finance Agency. BILLING CODE 8070–01–P E:\FR\FM\21MYN1.SGM 21MYN1 Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices 27607 fEOERAL HOME LOAN BANK MEMBER Olffl:CTOR EUGIBJUTY CERTIRCATION RJRM (REVISED} INSTRUCTIONS This Federal Home Lfflln Bank Member Director Eligibility Certi6amon Form must be rompleted by individuals wishing to accept a nomination to stand for election as a member diredw of the federal Home loan Bank of [TO 8E COMPI..ETED BY EACH SANK] (Bank) orto be considered for appointment by the Bank's board to fill a member diredorship that has become vacant. It must also be completed annually by each incumbent member director. Your responses to the questions on this form will assist the Bank in verifying that you meet the eligibtlity requirements to serve as a member director. You are eligibfe to seJVe as a member directoc of the Bank only if you meet all of the following requirements: • You are a citizen of the United states; • Yoo are an officer or director of a member institution of the Bank: • o That was a member of the Bank as of December 31, {PRIOR YEARJ; and o Whose voting state for purposes of Bank diredocship elections is the state that is represented by the directmship for which you have been nominated; and Each member of the Bank for which you are an officer or director is in compliance with all of its applicable minimum capital requirements established by its primary regulator (this requirement does not apply in the case of any member for which you are an officer or director that does not have capital requirements estabtished by a pnmiifY regulator, such as a non-depository community development financial institution). These eligibiity requirements may be found in sedions 7{a) and (bi of the Federal Home l.o.m Bank Ad, 12 U.S.C. 1427(a) and (bt, and sedions 1261.S(a) and (ht of the regulations of the federal Housing finance Agency, 12 CfR 12615(a) and {b). Please foliowthe instrud:ions below appropriate for the purpose fur which you are completing this form. NOMINEES IN THE ANNUAl ELECTION CYCLE If you have been nommated to stand for election as a member director of the Bank you must com~ and execute this form and submit itto the Bank on or before the date specified by the Bank to accept the nomination. If you do not submit a completed and exearted form by that date, you wil be deemed to have declined the nomination_ By law, the Bank may not permit a directorship nominee to stand for election unless it has vernied that the nominee is leply eligible to serve in the directorship for which he or she has been nominated. further, the Bank may neither declare elected any nominee nor seat any director-elect whom it has reason to know is ineligible to serve. C1NDIDATES ID RUA VACANT MEMBER DlllEcmRSHlP 1 VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 PO 00000 Frm 00056 Fmt 4703 Sfmt 4725 E:\FR\FM\21MYN1.SGM 21MYN1 EN21MY21.011</GPH> jbell on DSKJLSW7X2PROD with NOTICES tf the Bank's board of directors is considering you as a candidate to fill the unexpred term of office of a vacant member directorship on the Bank's board, you must complete and execute this form and return it to the Bank on or before the date specified by the Bank. If you fail to submit a completed and executed form br that date, or if you submit a form that does not adequately demonstrate that \IOU meet all applicable eligibility requirements, the Bank may determine that you are meJie,blem serve, :in which one the Bank's board would be prohibited by law fran electingyou m mt the vacant directorship_ 27608 Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices fEDERAl HOME lOAN BANK MEMBER DIR:ECTOR EUGIBIUIY CERTIRCATION fORM (REVISED) By law, the Bank's board may not elect any pel'Son toM a vacant diredof5hip unless. it has verified that the individual is fegaly e¾igible to serve in that direclmship. AMVfli\l .EUGIBIUlYCBmRCATIONS BYINa/MB£NT DIRECTORS The Bank is :required by lavtto solidi infmmatkm from its incumbent directors .annually-to verify that each director remains in compliance with the appficabie statutory and ~atory eligibility requiremen15. During •each calendar yem-thatyou are an incumbent member direc.tor, you must complete and execute this Form and return it to the Bank on or befure the date specified by the Bank. If you failto submit a completed and executed Form by that date, ortf you submit a fmm that does not adequately demonstrate that you continue to meet all applicable eligibility requirements, the Bank may determine that you are ineligible to.serve, in which case itwoold be required by law to declare your directorship vacant YOUR PERSONAL INFORMATION Please provide your personal information as indicated in Questions 1- 3. 1. Full .Nome:: 2. OtherNamesOJnentt,orFannerly Usat orKnam,by. 3. Coolm:t mfr,mtatioo: • • • Phone number (leave room fi::wmultiple; indicate home, office, a-cell): E-mail address: Mailing address: Number/Street (or PO Box),. City, .state, Z"tp .Q:ide EUGIBIUTY REQ,UREMENTS Please answer in full .Questions 4-6, which pertain to your oompliancelMth the statutory and regulatory eligibility requirements for member directors. You may continue your answers onto additional~ if necessary, each of 'Which shall be attached to, and deemed a part of, this Form. 4. Citizenship. Are. you a citizen ofthe United States? _Yes · - No • Name of the member. • FttfA lD number of the member: • Voting state in which the member is located: • Your title or position: • Your business address at the member: • Does this member comply withaH applicable minimum capital requirements established byitsprimaryregwator? _Yes .-No ._NotApplicable 2 VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 PO 00000 Frm 00057 Fmt 4703 Sfmt 4725 E:\FR\FM\21MYN1.SGM 21MYN1 EN21MY21.012</GPH> jbell on DSKJLSW7X2PROD with NOTICES 5. Pdma,y Member A/Jiliafion. Please provide the following information about the entity you SeNe as an officer or director that is a membeir of the Bank on whose board you serve or hiilfi! been nominated to serve: Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices 27609 fEOERAL HOME WAN BANK MEMBER DIKRTOft fU6181UlY CERTIRCATION fORM (RfVISIDJ 6. Other Member AjJiliations. Please pnwidethe following infurmatioo about any other entity you serve as an officer oc director that is a member of the Bank on whose board you save oc have been nominated to serve (if more than one, please provide the informatron on a separate sheet, which shall be deemed a part of this Form): A other than the member you listed in response to Question 5, do you serve as anofficaoc director of any other institution that IS a member of this Bank? _Yes _ No B. If you answered Yes to Question 6A, please provide the fuflowing information foc each member of the Federal Home loan Bank that you serve as an officer or director: o Name of the member: o FHFAID numberofthemember: o Your title or position: o Does this member comply with all applicable minimum capital requirements established by its primary regulator? _Yes _No _Not.Applx:able By exewting Un Form., you are certifying that the infumtation you h a v e ~ is true, mned, and oompiete toffte he5t of YOIB" knowledge and that you undem:and that you have a continuing obligation to inform the Bank of any facts that may call into quemon your eligibility« ability to serve as a Bank director. You further admowfedge that the Bank and the Federal Homing Finam:e AgerKy may perfonn a bac:kgmund dted; on you, including without limitation regsnling any infumlation disclosed herein. Signature: Dared: Privacy Act statement. In accordance with the Privacy Act (5 U.S.C. 552a), the following notice is provided. This inbmation is solicited under authority of 12 U.S.C. 1427(a) and (b) and 12 a=R 1261.5, 1261.7, and 1261..10 to 1261.13. Furnishing the information on this form is voluntary, but failure to do so may result in your not meeting the statutory and regulatory eli,gjbilily requirements to serve as a Federal Home Loan Bank member director. The purpose of this information is to facifttate the timely determination of your eligibility to serve as a member director. Information may be disclosed in accordance with the routme uses identified in FHFA-System of Records Notice AtfA-8 Federal Home Loan Bank Directors, which may be found at https:(/www.fhfa.p/JibootUs/fOIA?rivacyfP9ruments{SORNs{fHFA8%20fedefai.%20Home%20loan%208imk%20DiTectors.pdf. Paperwork Redumon Act Statement; Notwithstanding any other provision of the law, no person is required to respond to, nor shall any person be subject to a penalty for failure to mmplywith, a cofled:ion of information subject to the requirements of the Papawof"k: Reduction Act, unless that colection af information d~plays a currentlyvalid 0MB Control Number'_ 3 VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 PO 00000 Frm 00058 Fmt 4703 Sfmt 4725 E:\FR\FM\21MYN1.SGM 21MYN1 EN21MY21.013</GPH> jbell on DSKJLSW7X2PROD with NOTICES 0MB No. 2S!I0-0006 Expires l#/N/2DIII# 27610 Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices fEDOAl. HOME lOAN BANIK INDEPENDENT DIRECTOR APPLICATION FORM (REVISED) INSTRUCTIONS You either have e:rpres:sed interest in, or have been recon,mended fic1r, l'IIOO'l:ilniftion to stand for electioo as an independent direcmr of the Federal Home Loan Bank of [TOBIE COMPLETED BY !EACH BANK] •I Bitnk).. If you woold like the Bale's board of dirertor\S to coR:iider you as a possible nominee for an independent directorship, ·voo must COfflfllete MJd execute this federal Home Loan Benk Independent Director Application Form and suibmit it to the Beink on or before [DATE AJ LEAST 30 DAYS .AFTER BANKS ·PROVIDES ACCESS TO THE FORM.). If yotJ do not submit a1 completed and executed Form by that date, you will be deemed to have dedined to be considered for l'llllffliination. Sy law, the Bank's board of directors may nominate you fur an independent directorship only if it has verified that you meet the .legal eligi.bility requirements applying to independent directors and posse5.5 the professional qualifications that are spe.cified by law for the· type of Independent directornhip fur which you are bei:ng considered... Your response.s to the questions on thiis Form vlfill assist the Bank in ve.rtfvi,ng that you are legally eligible, and possess the required pro!fessic:1111111 quatifications, to serYe as an independent director of the Bank if elected. ·votJ are e!igi~e to serve as an independent director of the Banik. only if you meet all of the following requiirements: • You are a cmzen of the United States. • You are a bona fide· resident of the Bitnlk District, as det.ermined by meeting either ,one of the foHowtng two sets of criteria.: o Your principal residence is located in the Bank Di:strict.; m o Youboth: OWn or lease· in your O'Wn name• a residence in the Bank District; and •· Are empklyed in a Yoting state in the Bank. Dfstrid. • 1 • Neither you nor your spouse are: o An offker of any Federal Home loan Bank; o,r o An offker,. emplioyee, or director of any member ot or recipient of advances fr,om, the Bank. for purposes of this prohibitior1: •· "Advances.. indudes any form of lending, regardless of whether it is denominated as an "advance"; a1m:I • "Member" and "redpient of advances"' indude the in:stitutiol'!l itself and the institutLon's. hohiing company, except where the assets of at! members or all recipients of aclva:nces mnstliture les.s than 35 percent of the assets oil: the holding oompany, oo a consolidated bas4s.. These eligjbi6ty requirements may be found in sections 7(a) and (bJ of the Federal Home Loan Bank .Ad: I.Bank Adi, 12 U.S.C. 1427i[a) and (b), and in fHFA':s regulations at 12: CFR 1261.S(c) and 1261.. 10. In addition, you must demonstrate that you possess certain prof:essional qualifk:ations, which differ depending 011 whether you are 5eekin~ nomination for a "regular• or a •public interest'' independent directorship. By law, the Bank must designate at least two of the independent directorships on its boa:rd as •public interest" directorships. These may be filled oflly by individuals having. at the time of VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 PO 00000 Frm 00059 Fmt 4703 Sfmt 4725 E:\FR\FM\21MYN1.SGM 21MYN1 EN21MY21.014</GPH> jbell on DSKJLSW7X2PROD with NOTICES 1 Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices 27611 FEDfMl HOME LOAN BANK INDEPENDENT DIRECTOR.APPUCATION FORM (REVISED) nomination. more than four(4J years of aperiel'!ICe representing consumer or community interests in banking senrices, credit needs, hmlsing. or amsuma- financial Jlf'otedions. ~Bl'mdependentdired:oBhips-that is,. those that are not public interest directorships-must be filled by indMduals having, at the time of nomination, e,cpenence in or knowledge of one or more of the following areas: audiiffg and accounting, derivativ15, 6nancial management., organizational management, project development,.. risk management.pradices, and the aw. SUch knowledge or experience must be commensurate with that needed to oversee a financial instibJtit::m with a size and complexity comparable to that of the Barut. The requirements reprdq professional qualifications may be found in section 7{aH_3){B) of the Bank.Act, 12 U.S,C.1427(a)(3)(B). and in FHFA's regulations at 12 o=R 1261.7(e). ·Please answer all applicable questions in full and do not answer any question by referring to another document., except where expressly permitted to do scL You may continue your answers onto additional pages, if necessary, each of which shall be attached to, and deemed .a part of. ·this form, YOUR PERSONAL INFORMATION Please provide your per:sonal mformation as indicated in ·Q.lestians 1- 4. l. .Full Name: 3. Qmfad ln/atmatian: • • • Phone number (le.we mom for multiple; indkate home, office, orcell}: E-mail address: Maifmg address: Number/Street {or PO Box), City, state, Z-ip COde 4. Com!nf Employment,. if Applimble: • • • Current employer: Yourtitleor position: .Address of your place of employment Numb«/Street. Cily, state. Zip Code fUGIBIUTYREQUIREMENTS Please answer Questions 5 - 8, regarding your eligibility to serve as an independent director:, in full cmzENSHl.PANDRESIDENCY You must meet the legal requirements as to U.S. citizenship and Bank District residency to be eligible for nomination for an independent directorship. 5. Citizenship. Are you a mizen of the United states? _Yes _ No A. Do you own or lease a residence within the Bank District? _Yes _ No If you answered No to Question 6A, you do notimeet the .residency requirement. VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 PO 00000 Frm 00060 Fmt 4703 Sfmt 4725 E:\FR\FM\21MYN1.SGM 21MYN1 EN21MY21.015</GPH> jbell on DSKJLSW7X2PROD with NOTICES 2 27612 Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices FEDERAi. HOME LOAN BANK INDEPENDENT mRECTOR APPUCATION FORM (REVISEOJ B. If you answered Yes to·(blestion 6A, please provide the street address of your residence within the Bank District:: (Number/Street, City, state, Zip Code) C. Is the address provided in response to Question 68 your principal residence? Yes No If you answered Yes to (blestlon 6C, you meet the residency requirement. If you answered No to Question 6C, you may still meet the residency requirement if you are employed within the Bank District. Please continue with Question 6D to indicate your in-District employment :status. o~ Are you employed within 1he Bant District? _ E. If you answered Yes to Question 60, please identify your m--District: employer: Yes _ No o _ Check if your in-District employment mformation is the same as that entered in response to Question 4. o _ Check if your in-mstnct employment mformatron is different from that entered in response to Question 4, then provide the folowmg infoff'tliiltion: • • Name of your in-Oistrid: employer: Your We or position: • Address of your place of employment: Number/street, City, state, ZipCode INDEPENIJENCE The information you provide below will enable the Bank to determine whether you meet the independence requirements. You miiy be nominated if you do not currently meet the independence requirements, but you must agree as part of the certification at the end of this form that you and your spouse will refmquish any positions that the Bank determines to be prohibited under those .requirements. If elected, you may not be seated as an independent director so long as you or your spouse hold any :5I.ICh prohibited positions and, once seated, would become inel~e to continue to serve asan mdependent director iyou or your spouse were to tate any such prohibited positions. 1. Employment by a Federal Home-loon Bank. A. Are you or your spouse m officer or employee of any Federal Home loiin Bank? Yes No If you answered Yes to Question 7A, please provide the fuftowing information for each B. such position held by you or your spouse: o o o o Name of the person holtfmgthe position: federal Home loan Bank of: Title or position: Dates held: 8. EmploJmentby a Bank .Member., HausingAsmdat~ or .Hotding cam,m,n,,. A. Are you or your spouse an officeT, director, or employee of a member of the Bank, an entity certified as a housing associate of the Bank, or a holding oompany that controls one or more members or housing associates of the Bank? _Yes _ No VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 PO 00000 Frm 00061 Fmt 4703 Sfmt 4725 E:\FR\FM\21MYN1.SGM 21MYN1 EN21MY21.016</GPH> jbell on DSKJLSW7X2PROD with NOTICES 3 Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices 27613 FEDERAL HOME LOAN BANK INDEPENDENT DIRECTOR APJIUCATION FORM {REVISED) Et If you answered Yes to Question 8A, please provide the folowing information fffl- each such position held by you or your-spouse: o o o Name of the per:soo holding the pmmon: Name of the emptoyer. Check the appropriate response below to indicate whethff the employer is: amember • • _ a holding mmpanyof a member • o o o _ a housing~ • _ a holding mmpanyof a housing assotiate Title or position: Dates held: If the employer is a holding company: • • • Indicate the total assets of the holding company; Indicate the total assets of each member or housing associate of-the Bank mntrolled by the holding company; and Provide, or direct the Bank to, documentation to support those amoums.. ACADEMIC AND EMPLOYMENT HISTORY Please answer in full Questions 9 - 11, repmingyour academic and employment background. If you wish, you may answer any or all of these questions by attaching a resume or 0/, so long as you provide all of the information requested. Arpt such attachments shall be deemed a pa,t of this form._ • _Check if you have attached a resume orO/ in response to Questions 9 -11- 9. Aaldemic Degrees. Please list any college or advanced academic degrees that you have been awarded, specifying fffl- each: the type of degree, the name and location of the academic institution that awarded your degree, and the date awarded. 10. Employment Histmy. Please list, from most to least recent, the positions you have held during your professional career, specifying for each: the name and location of your employer, your position, and the date range [including month and year) during which you served in tbat posi'tion. Please explain any major gaps in your employment chronology. 11- other Relevant &penenr:e mJd A m ~ Please list any other significant positions you have held, or cmrentiy hold, (such as other directorships or volunteer positions) and any professional certifications that you believe are relevant to your qualifications to serve as an independent director of the Bank, specifying fur each: the name and location of the organization with which you served, your position, and the date range during which you served in that position; fur each certification, list the certification name, the certifying entity, and the date of your certification. VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 PO 00000 Frm 00062 Fmt 4703 Sfmt 4725 E:\FR\FM\21MYN1.SGM 21MYN1 EN21MY21.017</GPH> jbell on DSKJLSW7X2PROD with NOTICES 4 27614 Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices fEDBlAl HOME LOAN BANK. INDEPENDENT DIRECTOR. APPUCATION fOIRM (Rf'lll:SE.OJ PROFESSIONAL QUAURCAllON.S Please indicate in respcmse· to Question 12 whether ymi are seeking 11ominatioo for a public interest independent directorship ,or ;a regular i11dependem: directorship md then cmnplete the appriQfPriate questions regarding \Q..11" qualiificatk:ms for that type of independent directorship. If you wish to be considered for both types of i'ndependent directorships, o,r are uns1.1re, please check. both options. If you wrsh to be considered for a public interest independent directorship, you must answer Question 13 in full. If ymi wish to be oomidered for a regular independent diired:orshiip, you m1.1st answer Questions 14 - 15 i,r, ful:t :If you wish to be c01nsidered for only one type of im:iependent directorship, yoo are not requrred to ains,wer the question or questions pertaii.ning to the other type, although you m,ay choose to do so if you wish to higNid,t relevant knowledge or eicperfenc.e in the areas addressed in those questions. 12. Type of Independent Dker;tonhip Being· SmJgli,t. Please check: one of the bmes below to indicate the· type of independent directorship ycu are seeking. • • - · Check: if you are seeking a public interest independent dliredmshf:p1. - · ,Check: if ·v,ou are seeking a ~ular independent directorship. PUBUC INTEREST INCJEPENDENT CHRECJ:ORSfflP By sta,tlri:e, a nominee for a public interest independent diirectorship must: have "'more than 4 yean of experience in rrepre.sentinig consumer or ,cammunil:y interests ,on banking sen;ices, credit needs, housing, or consumer financial protections." QuaU,fyinig experience in ,one of the four enumerated areas may have been .acquired in professional, public service,. or volunteer .positb,ru., so long as the work done was s1.1bstantial in terms of time commtt:mem and responsibility. As indicated by the statutE!'.s U1Se of the word "'representing," the e:11peliem:e must have· involved advocating for,, or otherwise acting primari!y for the direct benefit of~ consume,r en wmmllinity interests in one of the fow enumerated areas. further, the experience must aa:rue from acti:vities personally 1.1ndertakie11 by the im::li\!iduat seelkinig nomination as a publk: interest: independent director, a.s oppmed to being attributed based solely on the activities of an organizaticm with which the person was associated. Please reach out to the Bank. if you have questions, as to whether your ,experience meets the statutory reqllliremeints to qualify for service as a public irnterest independent director. 13. . Representation of Qmm,mer ,and' Conunumty lnteresfs.. Please explain in det.ail hew you have represented c-oosumer or commtmity interests in banking services, credit 11eeds, housing, or consumer financial protections for more than four years. At a minimum: • Identify the positions through whiich you obtained yow- q1.1alifyvng experience and specify the dates d1.11ing which you served in those positions. • Specify whether those positbns involved banking services, credit needs, housing, or consumer fi,nancial protectic:l\n!;.. • To the ment that your experience was ,obtained with an organization or agency~ describe generally the mission of each such ,orpnizatien or agency and the manner in which its mission is typlically fulfilled... • Describe your responsibilities in those positions and, if any were not fall-time paid employment. indi-cate the amount of tim~ you spent fulfilling those responsibilit~s annually_ VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 PO 00000 Frm 00063 Fmt 4703 Sfmt 4725 E:\FR\FM\21MYN1.SGM 21MYN1 EN21MY21.018</GPH> jbell on DSKJLSW7X2PROD with NOTICES 5 Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices 27615 FEDfRALHOME LOAN BANK INDEPENDENT DIRECTOR. APPUCATION FORM (REVISEO} • :Desai:Je·yourmajor accomplishments in those positions that relate to the experience needed to qlBflfy as a public interest independent director. REGULAR INDEPENDENT DIRECTORSHIP If you are seeking a regular independent direc.tnrship, please answer in full Questions 14-15, which pertain to your professional qualifications to serve in that capacity. If you are seeking a public interest independent directorship, you are not required to answer these .questions, but may dmme to do so if you :possess relevant lmowledge and experience that you wish to highlight. 14_ PrimmyAreas ~ ~ aml EJtperienre. Please indicate below, by checking the .appropriate boxes, the pmressional ilfeilS in 'Which you hoe :significant knowledge or experience that is commensurate with that needed to oversee a fmandal institution with a size and complexity comparable to that of the Bank. • _Auditing and accounting • • • DerivatNes _ Financial manaeement _Organizational management Project development • _ • _ • Risk management practices The'law 15.. Desmption ~ ICnawledgeand ~ - For-each of your :primiilfY areas of professional knowledge and experience indicated in response to Question 14, please describe in detail the nature of that knowledge and experience and the cirwmstances under which you obtained it. At a minimum. fm- each area: • Identify the entities with which you were employed or otherwise associated when you gained the knowledge or experience and describe briefly the business or mission of those entities (e.g., "'investment bank... '"law finn,"' etc.). • Identify the pasitiDns you have held with those entities and describe your major aa::omplishments in those positions with respect to the relevant areas. OTHER MATTERS 16. Personal lnta.,,itv. Is there anything in yourbadc:groundthat might cause a reasonable permn to question your personal integrity,. your ability to fulfill the fiduciary duties of a board direc.tnr, or your competence to supervise the management of the Bank (issues of concern could include, but are not limited to: past felony· amvid:ians or pending felony diafges; any findings; by a court or administrative body that you hoe violated federal or state civil laws relating to securities, banking, housing, or real estate; suspension or revocation ofa professional license; a personal or business bankruptcy filing; a foredosure action; or having been the subject of a tax lien)? Yes No 6 VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 PO 00000 Frm 00064 Fmt 4703 Sfmt 4725 E:\FR\FM\21MYN1.SGM 21MYN1 EN21MY21.019</GPH> jbell on DSKJLSW7X2PROD with NOTICES If you answered Yes, please fully describe the incidents, the timeframes in which they occurred, and their ultimate disposition and provide supporting documentation where appropriate. 27616 Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices fEDERAl HOME LOAN BANK INOEPBIIDfNT DIRECTOR APPUCATION FORM IREVISED} 17. Omjlkts ,o/lnfeR.-st. Other than any relationships described in response to Questions 7 -8, do you or, toyoor fcnowtedge, do any ofyoor immediate family members (i.e.• a parent, sihting, spouse, child, other dependent, or any relative sharing your residence} or dose business associates (i.e., a corporation or organization of which you are an officer or a partner, or in which you own more than ten percent of any class of equity security (induding subordinated debt); an individual that is an offflCel'" or a partner of, or who owns more than ten percent .of any dass of equity security (including subordinated debt} in, such a mrparation or organimtion; or a trustm which you have a sub5mntial interest or serve in a fiduciary capacity) have any financial interests or other relationships that might create actual or apparent wnfficts of interest or might othefwise lead a reasonable person to question your ability to administer the affairs of the Bank fairly and impartially? _Yes _ No If yoo,answeredYes, please fully describe the nature ofthme interests or relationships, the individuals or entities involved, and thef,r relationship to you. By acead.ing this Form, you are certifying that: • • • • The informatiion you have· provided is true, correct,. and oomplete to the best of your knowledge; You acknowledge that the Banfc: and the federal Housing F"mam::e Agenq may perform a hadcground check on you, indudingwilhaut limitation regarding any information disclosed herein; You undentand that you have aamtinu~ obligation to inform the Bank of any fads that may call into quemon your eligibility OT ability to senre as a Bank diredol'; and If you are nominated and,efeded to save· as a director. o You and your spouse will relinquish any positions that the Bank determines to be prohibited by the statutory and regulatory independence requirements for independenl: directors; and o You will regulady attend the meetings; of the board of directors and the board committees to which you are assigned and wil devote the time necessary to adequately prepare for those meetings and execule your other respons1'bilities: as an independent director. Dl1t:ed: Signalure: Privacy Ad: statement:. In accordance v.rith the Privacy .Ad: (5 U.S.C. 552a), the mllowing notk:.e is ,prmtided. This information is solicited under authority ,of 12 U.S.C. 1427(a) and {b) and .12 CFR 1261..5, 1261.7, and 126l.10to 1261.13.. fumishingthe information on this Form is voluntary, but failure to do so may result in your not meeting the 51:atutmy and regulatory eligibility requirements to serve as a Federal Home loan Bank independent director. The purpose of this information is to facilitate the timely determination of your eligibility to serve as an independent director. Information may be disclosed in accordance with the routine uses identified in FHF.A-,System of Records Notice ftlf.A-8 Federal Home loan Bank Directors, which may be found at. httm·/lwww fbta egy/Abpm:l,Js/FQIAPJivw;y{Qgcuments/SQRNs/FHFA; 1 VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 PO 00000 Frm 00065 Fmt 4703 Sfmt 4725 E:\FR\FM\21MYN1.SGM 21MYN1 EN21MY21.020</GPH> jbell on DSKJLSW7X2PROD with NOTICES 8"20Federa"'20Home%201.oan"200ank%200irectorLpdf. Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices 27617 FEDERAL HOME LOAN BANK INDEPENDENT DIRECTOR APPUCATION FORM (Rf.VISED} Paperwork Reduction Act statement: Notwithstanding any other provision of the law~ no person is required to respond to, ncr shall any person be subject to a penalty for f.ailure to comply with, a colec:tion of information subject to the requirements.of the Papenvort Reduction Act, unless that collection of information displays a currentlyvalid 0MB Control Number_ 8 VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 PO 00000 Frm 00066 Fmt 4703 Sfmt 4725 E:\FR\FM\21MYN1.SGM 21MYN1 EN21MY21.021</GPH> jbell on DSKJLSW7X2PROD with NOTICES 0MB No. 2590-0006 Expires ll#/N/20## 27618 Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices fEDERAl HOME LOAN BANI{ INDEPENDENT DIRECTOR ANNUALCERTIRCATION FORM (REVISEOJ INSTRUCTIONS The Federal Home loan Bank of [TO BE COMPLETED BY EACH BANK) (Bank] is required by faw to solicit information from its incumbent directors annually to verify that each director remains in compliance with the applicable statutory and regulatory eligibility requirements. Your responses to the questions oo this federal Home loan Bank Independent Director Annual Certification form will assist the Bank in verifying that you continue to meet the eligibility requirements that apply to the independent directorship in which you are G.lf'rently serving_ Please complete and exemte this form and return it to the Bank on or befi:!r"e [MARCH l, {CURRENT YEAR}(«, if 3/l is not a business day, THE NEXT BUSINESS OAY fOllOWIN6 3/1)1. If you fail to submit a completed and executed Form by that date, or if you submit a Form that does not adequately demonstrate that you continue to meet all applicable eligibility requirements, the Bank may determine that you are ineligible to serve, in which case the Bank would be required by faw to declare your directorship vacant. You are eligible to serve as an independent director of the Bank only if you meet aH of the following requirements: • You are a citizen of the United States_ • You are a bonafide resident of the Bank Dismct, as determined by meeting either one of the following two sets of crttem: • o Your principal residence is located in the Bank Dismct; or o Youboth: • awn or lease in your own name a residence in the Bank District:; and • Are employed in a voting state in the Bank District. Neither you nor your spouse are: o o An officer of any federal Home loan Bank; or An offJCer, employee, or director of any member of, or recipient of advances from, the Bank. fOf" purposes of this prohibition: • "Advances" indudes any form of lending, regardless of whether it is denominated as an "'advance"; and • "Member"' and ...recipient of advances" include the institution itself and the institution's holding company, except where the assets of all members or all recipients of advances constitute less than 35 percent of the assets of the holding company, oo a mnsolidated basis. These eligibffity requirements may be found in sections 7(a) and (b) of the Federal Home loan Bank Act: {Bank Act:), 12: u_s_c.. 1427(a) and (bl, and in FHfA's regulations at 12 CFR 12fil.5(c) and 1261-10_ VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 PO 00000 Frm 00067 Fmt 4703 Sfmt 4725 E:\FR\FM\21MYN1.SGM 21MYN1 EN21MY21.022</GPH> jbell on DSKJLSW7X2PROD with NOTICES 1 Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices 27619 fEOEMl HOME lOA.N BANK INDEPENDE.NJ DIRECTOR ANNUAL CfRTIHCADON FORM (RE\l'ISEDJ YOUR PERSONAL INFORMATION Please proi11ide your peJ"SOnal information as indicated in Questions 1-4. 1. .ful1 Name: 3. Qmfact ln/1Ntt1ation: • • • home, office, or cell): E-mail ,;;u:kfress;: Mii:liif,ing addre.55: Number:/Street ·lor PO Bo111), City, .state, Zip Code· Phone number (leave· room for multipl.e; indica.te 4. Ctlllent Emplavment, if App.licable: • • • current emplloyer: Yot11r title or position: Address of your place of empfcyment: Number/Street; City, :state,. Zip Code EUGIBIUTY REQUIREMENTS Please answer Questions S - 8, r~n:ling yo;1.1r eligibility to serve as an indepernilent director in fu.11. CITIZENSHIP.AND RESWENC'f Yoo ml.ll!it meet the l1egal requii,rements as to U.S. citizenship arnil Bank Distri:t residem:y to be eligiblie for nominatioo for an independent directorship. 1 5. Otize11Ship • .Are yoo a. citizen of the United States? _Yes No 6. Residency,; A.. Do yi:n.1 own or lease a residence within the Bank District? _ Yes No If you ,answered No to Question 6A, you do not meet the residency requirement. B. if you answered Yes to Questim'I 6A, please pro\lide the street address of y,oor residence within the Bank District:. (Number/Street, City, State, Zip Code) C.. Is the address pro,vided till response to Question 68 your principaf Yes No residence? If you :al'llswered Yes to Olllestiion 6C, you meet the residency reqt11irement. if you answered No to Question 6C, you may stffll meet the resklem:.v requ.irement if you are employed within the Bank Dis:m,ct. Pliease continue with Q1.1estkln 6Dto indicate your in-Oistrirt employment staws. D. Are you employed withr11 the :Bank District? - · '\l'es _ If you answered Ves to Ques.tfon 60, please identify your in-District employer: jbell on DSKJLSW7X2PROD with NOTICES c;, VerDate Sep<11>2014 17:15 May 20, 2021 _ Chedc if your in-Dirtrid: employment information is the same as that entered in response to Question 4 . Jkt 253001 PO 00000 Frm 00068 Fmt 4703 Sfmt 4725 E:\FR\FM\21MYN1.SGM 21MYN1 EN21MY21.023</GPH> E. No 27620 Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices ffDEftAl HOME LOAN BANK INDEPENDENT DIRfCTOR ANNUAl.CfflllRCATION FORM (REVISB>t o _ Check if your in--Oistrid employment information is different frmn that entered in response to Question 4, then provide the following information: • Name of your in~rnsmct: employer: ■ Your title OT position: • Address of youT place of employment: Number/Street, City, State, Zipeode INDEPENDENCE The information you provide below will enable the Bank to determine whether you continue to meet the independence requirements. 7. Emplo,mentbya Federal Home Loan Bank. A. Are you OT your spouse an officer or employee of any Federal Home loan Bank? _Yes No B. If you answered Yes to Question 7A, please provide the fullowing information fuTeach such position held by you or your spouse: o o 0 0 Name of the person holding the position: Federal Home loan Bank of: Titte OT position: Dates held: 8. &nplaymentby a Bank Member, Housing~, OT Holding l."ompuny. A. Are you or your spouse an officer, director¥ or employee .of a member of the Bank,, an entity certmed as a housing associate of the Bank, or a holding company that controls one or more members or housing associates of the Bank? _Yes _No s_ If you answered Yes to Question SA, please provide the following information fuT each such position held by you or your spouse: o o o Name of the person holding the position: Name ofthe employer: Check the appropriate response below to indicate whethertheemployer is: • amember • _ a holding company of a member • _ a housing associate • _ a holding company of a housangassociate o Position or Title: o Dates held: 1f the employer isa holding company: o • • • Indicate the total assets of the holding company; Indicate the total assets of each member or housing associate of the Bank controlled by the holding company; and Prowide, or direct the Bank to. doamentation to support those VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 PO 00000 Frm 00069 Fmt 4703 Sfmt 4725 E:\FR\FM\21MYN1.SGM 21MYN1 EN21MY21.024</GPH> jbell on DSKJLSW7X2PROD with NOTICES amounts. Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices 27621 fEDEIW.HONIE LOAN BANK INDEPENDENT DIRECTOR.ANNUAi. CBmRCATION fORM (REVISEO) By executing this Form, ·you me certifying that the information you ha¥e rpmvided is true, correct, and complete to the best of your knowledge and·that you understand that you ha¥e a continuing oblipoon to inform the Bank of any facts that may cal into question your eligibility or ability to serve as a Bank director. You f u r t h e r ~ that the Bank and the Federal Housing Finance~ may perform a ~ check on you, including without limitation ~ i n g any infwmation disclosed herein. Signature: Ol1ited: Privacy Act statement: tn accordance with the Privacy Ad: (5 U.S.C. 552a), the following notice is provided. This inbmation is solicited under-authority of 12 U_S.C.1427(a) and (b) and 12 CFR 1261.5, 1261.7, and 1261.lOto 1261.l!t fumismngthe information on this fmm is voluntary, but failure to do so may result in your not meeting the statutory and regulatory eligibility requirements to continue to serve as a Federal Home loan Bank independent director. The purpose of this information is to facilitate the timelv determination of your eligibility to continue to serve as an independent director. lnbmation may be disclosed in accordance with the routine uses identified in FHFA~System of Records Notice FHFA8 Fe:derat Horne loan Bank Directors, which may be found at https;llwww.ihfa,ffl}'lf/AbootUs/fOIAPrivacy/porumentslSORNs/FHFA8%20Federal%20Horne%20!..oan%maank.%200irectors.pdf. Paperwork Reduction Act statement:: Notwithstanding any other provision of the law, oo person is required to respond to, nor shall any person be subject to a penalty for failure to comply with, a mllection of information subject to the requirements of the Paperwork Reduction Ad, unless that collection of information disiplays a currently valid 0MB Control Number. OMBNo.2590-0006 &piresl#/N/20## VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 PO 00000 Frm 00070 Fmt 4703 Sfmt 9990 E:\FR\FM\21MYN1.SGM 21MYN1 EN21MY21.025</GPH> jbell on DSKJLSW7X2PROD with NOTICES 4 27622 Federal Register / Vol. 86, No. 97 / Friday, May 21, 2021 / Notices GENERAL SERVICES ADMINISTRATION [FR Doc. 2021–10771 Filed 5–20–21; 8:45 am] BILLING CODE 8070–01–C [Notice–ME–2021–01; Docket No. 2021– 0002; Sequence No. 12] FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies jbell on DSKJLSW7X2PROD with NOTICES 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 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 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 21, 2021. A. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. Gateway First Bancorp, Inc., Jenks, Oklahoma; to become a bank holding company by acquiring Gateway First Bank, Jenks, Oklahoma. Board of Governors of the Federal Reserve System, May 18, 2021. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2021–10798 Filed 5–20–21; 8:45 am] BILLING CODE P VerDate Sep<11>2014 17:15 May 20, 2021 Jkt 253001 Notice of GSA Live Webinar Regarding the Federal Government’s Implementation of M–21–07 ‘‘Completing the Transition to Internet Protocol Version 6 (IPv6)’’ Office of Government-wide Policy (OGP), General Services Administration (GSA). ACTION: Virtual webinar meeting notice. AGENCY: GSA is hosting an IPv6 Summit to bring together the federal and industry communities for an engaging series of panels covering IPv6 implementation progress, opportunities, and best practices. DATES: Wednesday, June 16th, 2021, at 12:00 p.m. EDT. ADDRESSES: This is a virtual event and the call-in information will be made available upon registration. All attendees, including industry partners, must register for the ZoomGov event here: https://gsa.zoomgov.com/webinar/ register/8616197996466/WN_ DRAiO5uTQMCzpZ7iWx-zkA. Members of the press, in addition to registering for this event, must also RSVP to press@gsa.gov by June 11th, 2021. Alternatively, if license limits are reached during this event, this will be simulcasted on Facebook and YouTube. FOR FURTHER INFORMATION CONTACT: Tom Santucci at thomas.santucci@gsa.gov or 202–230–4822. SUPPLEMENTARY INFORMATION: SUMMARY: Background The Office of Management and Budget (OMB) issued M–21–07, ‘‘Completing the Transition to Internet Protocol Version 6 (IPv6)’’ located at: https:// www.whitehouse.gov/wp-content/ uploads/2020/11/M-21-07.pdf. In November 2020 to update guidance on the Federal government’s operational deployment and use of IPv6. The memo communicates five categories of agencylevel requirements for completing the deployment of IPv6 across all Federal information systems and services: • Preparing for an IP6-only infrastructure • Adhering to Federal IPv6 Acquisition Requirements • Evolving the USGv6 Program • Ensuring Adequate Security • Government-wide Responsibilities industry to discuss their experiences implementing IPv6. If you have questions you’d like to ask the panelists about IPv6, you can submit them via email to dccoi@gsa.gov by COB June 14, 2021. Special Accommodations For those who need accommodations, Zoom will have an option to turn on closed captioning. If additional accommodations are needed, please indicate this on the Zoom registration form. Live Webinar Speakers (Subject to change without notice). Hosted by: • Tom Santucci, Director, IT Modernization, Office of Governmentwide Policy, Host • Carol Bales, Senior Policy Analyst (invited), Office of Management and Budget, Office of the Federal CIO • Ron Bewtra, Chief Technology Officer, IPv6 Task Force Co-Chair, Department of Justice, Office of CIO Keynote Speakers: • Dr. Vint Cerf, Vice President and Chief Internet Evangelist, Google • TBD, TBD, Federal CIO Council AGENDA [Subject to change without notice] Start time Topic 12:00 p.m ........ 12:05 p.m ........ Opening Remarks. Opening Keynote: ‘‘Why IPv6 for US Government?’’ Panel #1: Federal Government Point of View on IPv6. Panel #2: Security Lens. Agency Story #1: Department of Defense. Panel #3: Telecommunications. Agency Story #2: Internet2. Panel #4: Cloud Service Providers. Agency Story #3: IRS. Panel #5: System Integrators Support. Closing Keynote: ‘‘Evolution of IP and World IPv6 Trends.’’ Conclusion Remarks. Meeting Concludes. 12:15 PM ......... 12:45 p.m ........ 1:15 p.m .......... 1:25 p.m .......... 1:55 p.m .......... 2:00 p.m .......... 2:40 p.m .......... 2:45 p.m .......... 3:30 p.m .......... 3:55 p.m .......... 4:00 p.m .......... Thomas Santucci, GSA IT Modernization Director, General Services Administration. [FR Doc. 2021–10714 Filed 5–20–21; 8:45 am] BILLING CODE 6820–14–P Format The IPv6 Summit convenes leaders from the Federal Government and PO 00000 Frm 00071 Fmt 4703 Sfmt 9990 E:\FR\FM\21MYN1.SGM 21MYN1

Agencies

[Federal Register Volume 86, Number 97 (Friday, May 21, 2021)]
[Notices]
[Pages 27604-27622]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-10771]


=======================================================================
-----------------------------------------------------------------------

FEDERAL HOUSING FINANCE AGENCY

[No. 2021-N-6]


Proposed Collection; Comment Request

AGENCY: Federal Housing Finance Agency.

ACTION: Federal Home Loan Bank Directors--30-day notice of submission 
of information collection for approval from Office of Management and 
Budget.

-----------------------------------------------------------------------

SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA or the 
Agency) is seeking public comments concerning an information collection 
known as ``Federal Home Loan Bank Directors,'' which has been assigned 
control number 2590-0006 by the Office of Management and Budget (OMB). 
FHFA intends to submit the information collection to OMB for review and 
approval of a three-year extension of the control number, which expired 
on February 28, 2021.

DATES: Interested persons may submit comments on or before June 21, 
2021.

ADDRESSES: Submit comments to the Office of Information and Regulatory 
Affairs of the Office of Management and Budget, Attention: Desk Officer 
for the Federal Housing Finance Agency, Washington, DC 20503, Fax: 
(202) 395-3047, Email: [email protected]. Please also submit 
comments to FHFA, identified by ``Proposed Collection; Comment Request: 
`Federal Home Loan Bank Directors, (No. 2021-N-6)' '' by any of the 
following methods:
     Agency Website: www.fhfa.gov/open-for-comment-or-input.
     Federal eRulemaking Portal: https://www.regulations.gov. 
Follow the instructions for submitting comments. If you submit your 
comment to the Federal eRulemaking Portal, please also send it by email 
to FHFA at [email protected] to ensure timely receipt by the agency.
     Mail/Hand Delivery: Federal Housing Finance Agency, Eighth 
Floor, 400 Seventh Street SW, Washington, DC 20219, ATTENTION: Proposed 
Collection; Comment Request: ``Federal Home Loan Bank Directors, (No. 
2021-N-6).''
    We will post all public comments we receive without change, 
including any personal information you provide, such as your name and 
address, email address, and telephone number, on the FHFA website at 
https://www.fhfa.gov. In addition, copies of all comments received will 
be available for examination by the public through the electronic 
comment docket for this PRA Notice also located on the FHFA website.

FOR FURTHER INFORMATION CONTACT: Vickie Olafson, Assistant General 
Counsel, [email protected], (202) 649-3025; or Angela 
Supervielle, Counsel, [email protected], (202) 649-3973 
(these are not toll-free numbers); Federal Housing Finance Agency, 400 
Seventh Street SW, Washington, DC 20219. The Telecommunications Device 
for the Deaf is (800) 877-8339.

SUPPLEMENTARY INFORMATION:

A. Need for and Use of the Information Collection

    Section 7 of the Federal Home Loan Bank Act (Bank Act) vests the 
management of each Federal Home Loan Bank (Bank) in its board of 
directors.\1\ As required by section 7, each Bank's board comprises two 
types of directors: (1) Member directors, who are drawn from the 
officers and directors of member institutions located in the Bank's 
district and who are elected to represent members in a particular state 
in that district; and (2) independent directors, who are unaffiliated 
with any

[[Page 27605]]

of the Bank's member institutions, but who reside in the Bank's 
district and are elected on an at-large basis.\2\ Both types of 
directors serve four-year terms, which are staggered so that 
approximately one-quarter of a Bank's total directorships are up for 
election every year.\3\ Section 7 and FHFA's implementing regulation, 
codified at 12 CFR part 1261, establish the eligibility requirements 
for both types of Bank directors and the professional qualifications 
for independent directors, and set forth the procedures for their 
election.
---------------------------------------------------------------------------

    \1\ See 12 U.S.C. 1427(a)(1).
    \2\ See 12 U.S.C. 1427(a)(4), (b), and (d).
    \3\ See 12 U.S.C. 1427(d).
---------------------------------------------------------------------------

    Part 1261 requires that each Bank administer its own annual 
director election process. As part of this process, a Bank must require 
each nominee for both types of directorship, including any incumbent 
that may be a candidate for re-election, to complete and return to the 
Bank a form that solicits information about the candidate's statutory 
eligibility to serve and, in the case of independent director 
candidates, about his or her professional qualifications for the 
directorship being sought.\4\ Specifically, member director candidates 
are required to complete the Federal Home Loan Bank Member Director 
Eligibility Certification Form (Member Director Eligibility 
Certification Form), while independent director candidates must 
complete the Federal Home Loan Bank Independent Director Application 
Form (Independent Director Application Form). Each Bank must also 
require all of its incumbent directors to certify annually that they 
continue to meet all eligibility requirements.\5\ Member directors do 
this by completing the Member Director Eligibility Certification Form 
again every year, while independent directors complete the abbreviated 
Federal Home Loan Bank Independent Director Annual Certification Form 
(Independent Director Annual Certification Form) to certify their 
ongoing eligibility.
---------------------------------------------------------------------------

    \4\ See 12 CFR 1261.7(c) and (f); 12 CFR 1261.14(b).
    \5\ See 12 CFR 1261.12.
---------------------------------------------------------------------------

    The Banks use the information collection contained in the 
Independent Director Application Form and part 1261 to determine 
whether individuals who wish to stand for election or re-election as 
independent directors satisfy the statutory eligibility requirements 
and possess the professional qualifications required under the statute 
and regulations. Only individuals meeting those requirements and 
qualifications may serve as an independent director.\6\ On an annual 
basis, the Banks use the information collection contained in the 
Independent Director Annual Certification Form and part 1261 to 
determine whether their incumbent independent directors continue to 
meet the statutory eligibility requirements. The Banks use the 
information collection contained in the Member Director Eligibility 
Certification Form and part 1261 to determine whether individuals who 
wish to stand for election or re-election as member directors satisfy 
the statutory eligibility requirements. Only individuals meeting these 
requirements may serve as a member director.\7\ On an annual basis, the 
Banks also use the information collection contained in the Member 
Director Eligibility Certification Form and part 1261 to determine 
whether their incumbent member directors continue to meet the statutory 
eligibility requirements.
---------------------------------------------------------------------------

    \6\ See 12 U.S.C. 1427(a)(3).
    \7\ See 12 U.S.C. 1427(a)(3) and (b)(1).
---------------------------------------------------------------------------

    The OMB control number for this information collection is 2590-
0006. The current clearance for the information collection expired on 
February 28, 2021. The likely respondents are individuals who are 
prospective and incumbent Bank directors.

B. Revisions to the Bank Director Forms

    In advance of the 2021 Bank director election cycle, FHFA has 
revised each of the three Bank Director Application and Certification 
forms, all of which have existed in substantially their current form 
since the current statutory requirements for Bank directors were 
adopted in 2008.
    The Independent Director Application Form, by far the longest of 
the three forms and requiring a number of essay-type answers, is 
completed by all independent directorship nominees, including 
incumbents seeking re-nomination. The information requested on the form 
is designed to confirm that the nominee is legally eligible to serve as 
an independent director, has the required professional qualifications 
for the type of independent directorship being sought, and is of high 
personal integrity and to identify any potential conflicts of interest 
of which the Bank should be aware. The revisions tie the questions more 
closely to statutory and regulatory requirements, provide more 
structured answer choices so as to ensure responses are relevant, 
solicit more comprehensive information on issues about which the Bank 
must weigh facts to make a legal judgment about the nominee's 
eligibility, and generally streamline the questions. The revisions 
should allow nominees to complete the form more quickly by providing 
preset answer choices for many questions, permitting attachments in 
answer to certain questions, and eliminating some superfluous 
questions. FHFA estimates that, in addition to encouraging more 
accurate and complete answers, the revisions will reduce the amount of 
time it takes a nominee to complete the form from three to two hours.
    The Independent Director Annual Certification Form is completed by 
incumbent independent directors annually to certify that they remain 
legally eligible to serve. The prior form provided independent 
directors with the option merely to check a box stating that ``no 
changes have occurred'' with respect to the director's compliance with 
the statutory eligibility requirements. In the Agency's view, providing 
this option resulted in some independent directors overlooking changes 
in residence or employment that might have rendered them ineligible to 
continue to serve. The revised form requires independent directors to 
provide current information on residence and employment to allow the 
Bank to determine whether there may be new information leading to 
eligibility concerns.
    The Member Director Eligibility Certification Form is completed 
both by nominees running for a member directorship and annually by 
incumbent member directors to certify their continuing eligibility. The 
form is intended to confirm that member directors and member 
directorship nominees are legally eligible to serve in the directorship 
positions they occupy or are seeking. Although some questions on the 
form have been revised to provide preset answers, the substance of the 
questions on the revised form remain essentially the same as those on 
the prior form. The Member Director Eligibility Certification Form was 
most recently revised in August 2020 to remove a notarization 
requirement (neither of the other two Bank director forms had such a 
requirement).
    The revised questions, including preset answer selections, and 
instructions for each of the Bank director forms appear at the end of 
this notice. The final formatting of the revised forms is currently in 
process.

C. Burden Estimate

    FHFA estimates the total annual hour burden imposed upon 
respondents by the three Bank director forms comprising this 
information collection to be 119 hours (39 hours + 50 hours + 30 hours 
= 119 hours, as detailed below).

[[Page 27606]]

    The Agency estimates the total annual hour burden on all member 
director candidates and incumbent member directors associated with 
review and completion of the Member Director Eligibility Certification 
Form to be 39 hours. This includes a total annual average of 72 member 
director nominees (24 open seats per year with three nominees for each) 
completing the form as an application, with 1 response per nominee 
taking an average of 15 minutes (.25 hours) (72 respondents x .25 hours 
= 18 hours). It also includes a total annual average of 84 incumbent 
member directors not up for election completing the form as an annual 
certification, with 1 response per individual taking an average of 15 
minutes (.25 hours) (84 individuals x .25 hours = 21 hours).
    The Agency estimates the total annual hour burden on all 
independent director candidates associated with review and completion 
of the Independent Director Application Form to be 50 hours. This 
includes a total annual average of 25 independent director candidates 
(22 open seats per year, plus three vacancies, with one nominee for 
each), with 1 response per individual taking an average of 2.0 hours 
(25 individuals x 2.0 hours = 50 hours).
    The Agency estimates the total annual hour burden on all incumbent 
independent directors associated with review and completion of the 
Independent Director Annual Certification Form to be 30 hours. This 
includes a total annual average of 60 incumbent independent directors 
not up for election, with 1 response per individual taking an average 
of 30 minutes (.5 hours) (60 individuals x .5 hours = 30 hours).

D. Comments Request

    In accordance with the requirements of 5 CFR 1320.8(d), FHFA 
published an initial notice and request for public comments regarding 
this information collection in the Federal Register on March 3, 
2021.\8\ The 60-day comment period closed on May 3, 2021. FHFA received 
two comment letters--one from the eleven Banks jointly and one from a 
trade association.
---------------------------------------------------------------------------

    \8\ See 86 FR 12448 (Mar. 3, 2021).
---------------------------------------------------------------------------

    In their joint letter, the Banks made a number of suggestions 
regarding the rephrasing of questions and instructions on each of the 
forms for greater clarity and to better elicit pertinent information. 
FHFA has further revised the forms to incorporate most of those 
suggestions, some verbatim and others in essence. The Banks also 
requested that FHFA add more detail to the Independent Director 
Application Form questions and instructions regarding the Agency's 
interpretations of the statutory and regulatory independence 
requirements applying to independent directors and the qualifications 
requirements for public interest independent directors. FHFA has 
declined to make those revisions (although it has slightly modified the 
material on public interest director qualifications for greater 
clarity). Agency interpretations of statutory and regulatory 
requirements pertaining to Bank director eligibility are discussed in 
the forms only to the extent necessary to clarify the purpose of 
particular questions so as to better ensure the provision of accurate 
and relevant responses. The Bank director forms are not intended to 
serve as guidance documents.
    The trade association's comment letter focused on FHFA's 
interpretations of the statutory qualifications requirements for public 
interest independent directors. Neither comment letter questioned the 
need for the information collection or addressed the Agency's burden 
estimates.
    FHFA requests written comments on the following: (1) Whether the 
collection of information is necessary for the proper performance of 
FHFA functions, including whether the information has practical 
utility; (2) the accuracy of FHFA's estimates of the burdens of the 
collection of information; (3) ways to enhance the quality, utility, 
and clarity of the information collected; and (4) ways to minimize the 
burden of the collection of information on respondents, including 
through the use of automated collection techniques or other forms of 
information technology.

Kevin Smith,
Chief Information Officer, Federal Housing Finance Agency.
BILLING CODE 8070-01-P

[[Page 27607]]

[GRAPHIC] [TIFF OMITTED] TN21MY21.011


[[Page 27608]]


[GRAPHIC] [TIFF OMITTED] TN21MY21.012


[[Page 27609]]


[GRAPHIC] [TIFF OMITTED] TN21MY21.013


[[Page 27610]]


[GRAPHIC] [TIFF OMITTED] TN21MY21.014


[[Page 27611]]


[GRAPHIC] [TIFF OMITTED] TN21MY21.015


[[Page 27612]]


[GRAPHIC] [TIFF OMITTED] TN21MY21.016


[[Page 27613]]


[GRAPHIC] [TIFF OMITTED] TN21MY21.017


[[Page 27614]]


[GRAPHIC] [TIFF OMITTED] TN21MY21.018


[[Page 27615]]


[GRAPHIC] [TIFF OMITTED] TN21MY21.019


[[Page 27616]]


[GRAPHIC] [TIFF OMITTED] TN21MY21.020


[[Page 27617]]


[GRAPHIC] [TIFF OMITTED] TN21MY21.021


[[Page 27618]]


[GRAPHIC] [TIFF OMITTED] TN21MY21.022


[[Page 27619]]


[GRAPHIC] [TIFF OMITTED] TN21MY21.023


[[Page 27620]]


[GRAPHIC] [TIFF OMITTED] TN21MY21.024


[[Page 27621]]


[GRAPHIC] [TIFF OMITTED] TN21MY21.025


[[Page 27622]]


[FR Doc. 2021-10771 Filed 5-20-21; 8:45 am]
BILLING CODE 8070-01-C
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.