Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 51110 [2022-17808]

Download as PDF 51110 Federal Register / Vol. 87, No. 160 / Friday, August 19, 2022 / Notices chartered under state law and has a holding company, that holding company is subject to Federal Reserve oversight (by statute or commitments).13 a. Tier 2 institutions are subject to a similar, but not identical, set of regulations as federally-insured institutions. As a result, Tier 2 institutions may still present greater risks than Tier 1 institutions. b. Reserve Banks will have significant supervisory information about, as well as some level of regulatory authority over, Tier 2 institutions. c. Accordingly, account access requests by Tier 2 institutions will generally receive an intermediate level of review. 3. Tier 3: Eligible institutions that are not federally insured and are not considered in Tier 2. a. Non-federally-insured institutions that are chartered under federal law but do not have a holding company subject to Federal Reserve oversight would be considered in Tier 3. b. Non-federally-insured institutions that are chartered under state law and are not subject (by statute) to prudential supervision by a federal banking agency, or have a holding company that is not subject to Federal Reserve oversight, would be considered in Tier 3. c. Tier 3 institutions may be subject to a regulatory framework that is substantially different from the regulatory framework that applies to federally-insured institutions. d. In addition, detailed regulatory and financial information regarding Tier 3 institutions may not exist or may be unavailable. e. Accordingly, Tier 3 institutions will generally receive the strictest level of review. -EndBy order of the Board of Governors of the Federal Reserve System. Ann Misback, Secretary of the Board. [FR Doc. 2022–17885 Filed 8–18–22; 8:45 am] 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 September 19, 2022. A. Federal Reserve Bank of Minneapolis (Chris P. Wangen, Assistant Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291. Comments can also be sent electronically to MA@mpls.frb.org: 1. Luminate Capital Corporation, Minnetonka, Minnesota; to become a bank holding company by acquiring Luminate Bank, also of Minnetonka, Minnesota. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2022–17808 Filed 8–18–22; 8:45 am] BILLING CODE P lotter on DSK11XQN23PROD with NOTICES1 BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM GENERAL SERVICES ADMINISTRATION Formations of, Acquisitions by, and Mergers of Bank Holding Companies [Notice–PBS–2022–04; Docket No. 2022– 0002; Sequence No. 18] 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 Notice of Availability for the Draft Environmental Assessment for the Calexico West Land Port of Entry Temporary Pedestrian Process Facility Calexico, California 13 Edge and Agreement Corporations and U.S. branches and agencies of foreign banks would fall under a Tier 2 level of review because of Federal Reserve oversight over these institutions. VerDate Sep<11>2014 18:26 Aug 18, 2022 Jkt 256001 Public Buildings Service (PBS), General Services Administration (GSA). ACTION: Notice. AGENCY: PO 00000 Frm 00058 Fmt 4703 Sfmt 4703 This notice announces the availability, and opportunity for public review and comment of a Draft Environmental Assessment (EA), which examines the potential impacts of a proposal by GSA for construction of a temporary pedestrian processing facility adjacent to the Historic Customs House, and interior renovation of the Historic Customs House at 340 East 1st Street, Calexico, California. The facility and structures will be used by the United States Customs and Border Protection. The Draft EA describes the purpose and need for the proposed project; the alternatives considered; the potential impacts of the alternatives on the existing environment; and the proposed avoidance, minimization, and/or mitigation measures associated to these alternatives and resources. DATES: Agencies and the public are encouraged to provide written comments on the Draft EA. The 30-day public comment period for the Draft EA ends on Monday, September 26, 2022. A virtual public meeting will be held on Tuesday, August 23, 2022, 4 p.m. to 5 p.m. Pacific standard time at: https:// teams.microsoft.com/l/meetup-join/ 19%3ameeting_ODlmYmFiOWMtM2E wOS00MTVlLWJhY2EtYWZiMWJiZGY xNDdl%40thread.v2/0?context= %7b%22Tid%22%3a%228aec2bf004af-4841-bcf6-bac6a58dd4 ef%22%2c%22Oid%22%3 a%221894920d-2cd7-4a1a-aa780ebeddc5bdf6%22%7d. ADDRESSES: Further information, including an electronic copy of the Draft EA may be found online on the following website: https://www.gsa.gov/ about-us/regions/welcome-to-thepacific-rim-region-9/land-ports-of-entry/ calexico-west-land-port-of-entry. Questions or comments concerning the Draft EA should be directed to Osmahn Kadri, EPA Program Manager, General Services Administration via email: osmahn.kadri@gsa.gov or Ms. Bianca Rivera, 355 South Euclid Avenue, Suite 107, Tucson, AZ 85719 via postal mail/commercial delivery. FOR FURTHER INFORMATION CONTACT: Mr. Osmahn A. Kadri, NEPA Program Manager, General Services Administration, Pacific Rim Region, at 415–522–3617 or email osmahn.kadri@ gsa.gov. Please call this number if special assistance is needed to attend and participate in the public meeting. SUPPLEMENTARY INFORMATION: SUMMARY: Background The Project is located adjacent to the Historic Customs House at 340 East 1st Street, Calexico, California. The Project is proposed to provide a temporary E:\FR\FM\19AUN1.SGM 19AUN1

Agencies

[Federal Register Volume 87, Number 160 (Friday, August 19, 2022)]
[Notices]
[Page 51110]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-17808]


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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 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 September 19, 2022.
    A. Federal Reserve Bank of Minneapolis (Chris P. Wangen, Assistant 
Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291. 
Comments can also be sent electronically to [email protected]:
    1. Luminate Capital Corporation, Minnetonka, Minnesota; to become a 
bank holding company by acquiring Luminate Bank, also of Minnetonka, 
Minnesota.

    Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2022-17808 Filed 8-18-22; 8:45 am]
BILLING CODE P


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