Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 55599-55600 [2021-21849]

Download as PDF 55599 Federal Register / Vol. 86, No. 191 / Wednesday, October 6, 2021 / Notices submitted to the Commission for approval or disapproval. In this regard, the Commission’s role can be viewed as an appellate one: to affirm or remand the rates submitted to it for review.14 12. Moreover, review at this interim stage is further limited. In view of the volume and complexity of a Bonneville rate application, such as the one now before the Commission in this filing, and the limited period in advance of the requested effective date in which to review the application,15 the Commission generally defers resolution of issues on the merits of Bonneville’s application until the order on final confirmation. Thus, the proposed rates, if not patently deficient, generally are approved on an interim basis and the parties are afforded an additional opportunity in which to raise issues with regard to Bonneville’s filing.16 13. The Commission declines at this time to grant final confirmation and approval of Bonneville’s proposed wholesale power and transmission rates. The Commission’s preliminary review nevertheless indicates that Bonneville’s wholesale power and transmission rates filing appears to meet the statutory standards and the minimum threshold filing requirements of Part 300 of the Commission’s regulations.17 Moreover, the Commission’s preliminary review of Bonneville’s submittal indicates that it does not contain any patent deficiencies. The proposed rates therefore will be approved on an interim basis pending full review for final approval. We note, as well, that no one will be harmed by this decision because interim approval allows Bonneville’s rates to go into effect subject to refund with interest; the Commission may order refunds with interest if the Commission later determines in its final decision not to approve the rates.18 14. In addition, we will provide an additional period of time for parties to file comments and reply comments on issues related to final confirmation and approval of Bonneville’s proposed rates. This will ensure that the record in this proceeding is complete and fully developed. The Commission orders: (A) Interim approval of Bonneville’s proposed wholesale power and transmission rates is hereby granted, to become effective on October 1, 2021, through September 30, 2023, subject to refund with interest as set forth in section 300.20(c) of the Commission’s regulations,19 pending final action and either their approval or disapproval. (B) Within 30 days of the date of this order, parties who wish to do so may file additional comments regarding final confirmation and approval of Bonneville’s proposed rates. Parties who wish to do so may file reply comments within 20 days thereafter. (C) The Secretary shall promptly publish this order in the Federal Register. By the Commission. Issued: September 30, 2021. Kimberly D. Bose, Secretary. [FR Doc. 2021–21814 Filed 10–5–21; 8:45 am] BILLING CODE 6717–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Notice of Termination of Receiverships The Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for each of the following insured depository institutions, was charged with the duty of winding up the affairs of the former institutions and liquidating all related assets. The Receiver has fulfilled its obligations and made all dividend distributions required by law. NOTICE OF TERMINATION OF RECEIVERSHIPS Fund jspears on DSK121TN23PROD with NOTICES1 10001 10122 10167 10177 10228 10236 10302 10351 10354 10405 ................ ................ ................ ................ ................ ................ ................ ................ ................ ................ Receivership name City NetBank .......................................................................................... Georgian Bank ................................................................................ First Federal Bank of California ..................................................... First Regional Bank ........................................................................ Frontier Bank .................................................................................. Midwest Bank and Trust Company ................................................ Hillcrest Bank .................................................................................. Nevada Commerce Bank ............................................................... Heritage Banking Group ................................................................. Community Banks of Colorado ...................................................... Alpharetta ................................... Atlanta ........................................ Los Angeles ............................... Los Angeles ............................... Everett ........................................ Elmwood Park ............................ Overland Park ............................ Las Vegas .................................. Carthage .................................... Greenwood Village ..................... The Receiver has further irrevocably authorized and appointed FDICCorporate as its attorney-in-fact to execute and file any and all documents that may be required to be executed by the Receiver which FDIC-Corporate, in its sole discretion, deems necessary, including but not limited to releases, discharges, satisfactions, endorsements, assignments, and deeds. Effective on the termination dates listed above, the Receiverships have been terminated, the 14 See, e.g., U.S. Dept. of Energy—Bonneville Power Admin., 67 FERC ¶ 61,351, at 62,216–17 (1994); Aluminum Co. of Am. v. Bonneville Power Admin., 903 F.2d 585, 592–93 (9th Cir. 1989). 15 See 18 CFR 300.10(a)(3)(ii). VerDate Sep<11>2014 20:38 Oct 05, 2021 Jkt 256001 Receiver has been discharged, and the Receiverships have ceased to exist as legal entities. (Authority: 12 U.S.C. 1819) Federal Deposit Insurance Corporation. Dated at Washington, DC, on October 1, 2021. James P. Sheesley, Assistant Executive Secretary. [FR Doc. 2021–21817 Filed 10–5–21; 8:45 am] BILLING CODE 6714–01–P 16 See, e.g., U.S. Dept. of Energy—Bonneville Power Admin., 168 FERC ¶ 62,178, at 4 (2019); U.S. Dept. of Energy—Bonneville Power Admin., 160 FERC ¶ 61,113, at P 6 (2017). 17 See, e.g., U.S. Dept. of Energy—Bonneville Power Admin., 168 FERC ¶ 62,178 at P 4; U.S. Dept. PO 00000 Frm 00033 Fmt 4703 Sfmt 4703 State Termination date GA GA CA CA WA IL KS NV MS CO 10/01/2021 10/01/2021 10/01/2021 10/01/2021 10/01/2021 10/01/2021 10/01/2021 10/01/2021 10/01/2021 10/01/2021 FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other applicable statutes and regulations to become a bank of Energy—Bonneville Power Admin., 160 FERC ¶ 61,113 at P 13. 18 18 CFR 300.20(c) (2020). 19 Id. E:\FR\FM\06OCN1.SGM 06OCN1 55600 Federal Register / Vol. 86, No. 191 / Wednesday, October 6, 2021 / Notices 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 November 5, 2021. A. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. First State Freemont, Inc., Fremont, Nebraska; to acquire Two Rivers Bank, Blair, Nebraska. Board of Governors of the Federal Reserve System, October 1, 2021. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2021–21849 Filed 10–5–21; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM jspears on DSK121TN23PROD with NOTICES1 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 § 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. VerDate Sep<11>2014 20:38 Oct 05, 2021 Jkt 256001 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 October 21, 2021. A. Federal Reserve Bank of Cleveland (Bryan S. Huddleston, Vice President) 1455 East Sixth Street, Cleveland, Ohio 44101–2566. Comments can also be sent electronically to Comments.applications@clev.frb.org: 1. The Vanguard Group, Inc., Malvern, Pennsylvania; on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard; to acquire additional voting shares of The PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania, and thereby indirectly acquire voting shares of PNC Bank, National Association, Wilmington, Delaware, and BBVA USA, Birmingham, Alabama. 2. The Vanguard Group, Inc., Malvern, Pennsylvania; on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard; to acquire additional voting shares of First Commonwealth Financial Corporation, and thereby indirectly acquire voting shares of First Commonwealth Bank, both of Indiana, Pennsylvania. B. Federal Reserve Bank of St. Louis (Holly A. Rieser, Manager) P.O. Box 442, St. Louis, Missouri 63166–2034. Comments can also be sent electronically to Comments.applications@stls.frb.org: 1. The Vanguard Group, Inc., Malvern, Pennsylvania; on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard; to acquire PO 00000 Frm 00034 Fmt 4703 Sfmt 4703 additional voting shares of Renasant Corporation, and thereby indirectly acquire voting shares of Renasant Bank, both of Tupelo, Mississippi. Board of Governors of the Federal Reserve System, October 1, 2021. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2021–21850 Filed 10–5–21; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM [Docket Number: OP–1613] New Message Format for the Fedwire® Funds Service Board of Governors of the Federal Reserve System. ACTION: Notice of adoption of message format and request for comment. AGENCY: The Board of Governors of the Federal Reserve System (Board) is announcing that the Federal Reserve Banks (Reserve Banks) will adopt the ISO® 20022 message format for the Fedwire® Funds Service. The Board is also requesting public comment on a revised plan for migrating the Fedwire Funds Service to the ISO 20022 message format. Specifically, the Board is proposing that the Federal Reserve Banks would adopt the ISO 20022 message format on a single day rather than in three separate phases, as previously proposed. This single-day migration would be targeted for, and would be no earlier than, November 2023. Adopting ISO 20022 for the Fedwire Funds Services is part of a broader set of strategic initiatives to enhance Federal Reserve payment services, including an initiative to potentially expand the operating hours of the Fedwire Funds Service and the National Settlement Service. DATES: Comments must be received on or before January 4, 2022. ADDRESSES: You may submit comments, identified by Docket No. OP–1613, by any of the following methods: • Agency Website: https:// www.federalreserve.gov. Follow the instructions for submitting comments at https://www.federalreserve.gov/ generalinfo/foia/ProposedRegs.cfm. • Email: regs.comments@ federalreserve.gov. Include the docket number in the subject line of the message. • Fax: (202) 452–3819 or (202) 452– 3102. • Mail: Address to Ann E. Misback, Secretary, Board of Governors of the Federal Reserve System, 20th Street and SUMMARY: E:\FR\FM\06OCN1.SGM 06OCN1

Agencies

[Federal Register Volume 86, Number 191 (Wednesday, October 6, 2021)]
[Notices]
[Pages 55599-55600]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-21849]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other 
applicable statutes and regulations to become a bank

[[Page 55600]]

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 November 5, 2021.
    A. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
    1. First State Freemont, Inc., Fremont, Nebraska; to acquire Two 
Rivers Bank, Blair, Nebraska.

    Board of Governors of the Federal Reserve System, October 1, 
2021.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2021-21849 Filed 10-5-21; 8:45 am]
BILLING CODE P
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