Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 26305 [2023-09047]

Download as PDF Federal Register / Vol. 88, No. 82 / Friday, April 28, 2023 / Notices (B) solely for purposes of determining suitability, eligibility, or qualifications for Federal civilian employment or Federal contracts, the release of which would reveal the identity of a source who furnished information to the FDIC on a confidential basis, has been exempted from the requirements of subsections (c)(3); (d); (e)(1); (e)(4)(G) and (H); and (f) of the Privacy Act pursuant to 5 U.S.C. 552a(k)(2) and (k)(5), respectively. Note, records in this system that originated in another system of records shall be governed by the exemptions claimed for this system as well as any additional exemptions claimed for the other system. HISTORY: 84 FR 35184 (July 22, 2019). Federal Deposit Insurance Corporation. Dated at Washington, DC, on April 24, 2023. James P. Sheesley, Assistant Executive Secretary. [FR Doc. 2023–09017 Filed 4–27–23; 8:45 am] BILLING CODE 6714–01–P Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. FEDERAL RESERVE SYSTEM ddrumheller on DSK120RN23PROD with NOTICES1 Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company [FR Doc. 2023–09047 Filed 4–27–23; 8:45 am] BILLING CODE P The notificants listed below have applied under the Change in Bank Control Act (Act) (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the applications are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The public portions of the applications listed below, as well as other related filings required by the Board, if any, are available for immediate inspection at the Federal Reserve Bank(s) indicated below and at the offices of the Board of Governors. This information may also be obtained on an expedited basis, upon request, by contacting the appropriate Federal Reserve Bank and from the Board’s Freedom of Information Office at https://www.federalreserve.gov/foia/ request.htm. Interested persons may express their views in writing on the standards enumerated in paragraph 7 of the Act. Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington DC 20551–0001, not later than May 15, 2023. VerDate Sep<11>2014 18:44 Apr 27, 2023 Jkt 259001 A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. The Frederick and Ruth Schwertfeger Irrevocable Trust of 2019, Wauwatosa, Wisconsin; Frederick C. Schwertfeger, Elm Grove, Wisconsin, and Alexandra G. Solanki, Wauwatosa, Wisconsin, as co-trustees; to join the Schwertfeger Family Control Group, a group acting in concert, to retain voting shares of Sword Financial Corporation, and thereby indirectly retain voting shares of Horicon Bank, both of Horicon, Wisconsin, and Cornerstone Community Bank, Grafton, Wisconsin. Additionally, Alexandra G. Solanki, as co-trustee, of the Horicon Bank Profit Sharing and Employee Stock Ownership Plan (ESOP), Horicon, Wisconsin; to acquire voting shares of Sword Financial Corporation, and thereby indirectly acquire voting shares of Horicon Bank and Cornerstone Community Bank. The ESOP owns Sword Financial Corporation. FINANCIAL STABILITY OVERSIGHT COUNCIL Analytic Framework for Financial Stability Risk Identification, Assessment, and Response Financial Stability Oversight Council. ACTION: Proposed analytic framework; request for public comment. AGENCY: The Financial Stability Oversight Council (Council) is proposing to adopt an analytic framework that describes the approach the Council expects to take in identifying, assessing, and responding to certain potential risks to U.S. financial stability. DATES: Comment due date: June 27, 2023. SUMMARY: You may submit comments by either of the following methods. All submissions must refer to the document title and RIN 4030–[XXXX]. Electronic Submission of Comments: You may submit comments electronically through the Federal eRulemaking Portal at https:// www.regulations.gov. Electronic submission of comments allows the commenter maximum time to prepare ADDRESSES: PO 00000 Frm 00057 Fmt 4703 Sfmt 4703 26305 and submit a comment, ensures timely receipt, and enables the Council to make them available to the public. Comments submitted electronically through the https://www.regulations.gov website can be viewed by other commenters and interested members of the public. Commenters should follow the instructions provided on that site to submit comments electronically. Mail: Send comments to Financial Stability Oversight Council, Attn: Eric Froman, 1500 Pennsylvania Avenue NW, Room 2308, Washington, DC 20220. All properly submitted comments will be available for inspection and downloading at https:// www.regulations.gov. In general, comments received, including attachments and other supporting materials, are part of the public record and are available to the public. Do not submit any information in your comment or supporting materials that you consider confidential or inappropriate for public disclosure. FOR FURTHER INFORMATION CONTACT: Eric Froman, Office of the General Counsel, Treasury, at (202) 622–1942; Devin Mauney, Office of the General Counsel, Treasury, at (202) 622–2537; or Carol Rodrigues, Office of the General Counsel, Treasury, at (202) 622–6127. SUPPLEMENTARY INFORMATION: I. Background Section 111 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the ‘‘Dodd-Frank Act’’) established the Financial Stability Oversight Council (Council), and section 112 sets forth its duties and purposes, which include identifying risks to U.S. financial stability and responding to emerging threats to the stability of the U.S. financial system.1 The proposed Analytic Framework for Financial Stability Risk Identification, Assessment, and Response (Proposed Analytic Framework) describes the approach the Council expects to take in identifying, assessing, and responding to certain potential risks to U.S. financial stability. The Proposed Analytic Framework is not a binding rule,2 and does not establish rights or 1 12 U.S.C. 5321 & 5322. a rule codified at 12 CFR 1310.3, the Council voluntarily committed that it would not amend or rescind certain interpretive guidance regarding nonbank financial company determinations set forth in Appendix A to 12 CFR part 1310 without providing the public with notice and an opportunity to comment in accordance with the procedures applicable to legislative rules under 5 U.S.C. 553. Section 1310.3 does not apply to the Council’s issuance of rules, guidance, procedures, or other documents that do not amend or rescind 2 In E:\FR\FM\28APN1.SGM Continued 28APN1

Agencies

[Federal Register Volume 88, Number 82 (Friday, April 28, 2023)]
[Notices]
[Page 26305]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-09047]


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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of a Bank 
or Bank Holding Company

    The notificants listed below have applied under the Change in Bank 
Control Act (Act) (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank 
holding company. The factors that are considered in acting on the 
applications are set forth in paragraph 7 of the Act (12 U.S.C. 
1817(j)(7)).
    The public portions of the applications listed below, as well as 
other related filings required by the Board, if any, are available for 
immediate inspection at the Federal Reserve Bank(s) indicated below and 
at the offices of the Board of Governors. This information may also be 
obtained on an expedited basis, upon request, by contacting the 
appropriate Federal Reserve Bank and from the Board's Freedom of 
Information Office at https://www.federalreserve.gov/foia/request.htm. 
Interested persons may express their views in writing on the standards 
enumerated in paragraph 7 of the Act.
    Comments regarding each of these applications must be received at 
the Reserve Bank indicated or the offices of the Board of Governors, 
Ann E. Misback, Secretary of the Board, 20th Street and Constitution 
Avenue NW, Washington DC 20551-0001, not later than May 15, 2023.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. The Frederick and Ruth Schwertfeger Irrevocable Trust of 2019, 
Wauwatosa, Wisconsin; Frederick C. Schwertfeger, Elm Grove, Wisconsin, 
and Alexandra G. Solanki, Wauwatosa, Wisconsin, as co-trustees; to join 
the Schwertfeger Family Control Group, a group acting in concert, to 
retain voting shares of Sword Financial Corporation, and thereby 
indirectly retain voting shares of Horicon Bank, both of Horicon, 
Wisconsin, and Cornerstone Community Bank, Grafton, Wisconsin.
    Additionally, Alexandra G. Solanki, as co-trustee, of the Horicon 
Bank Profit Sharing and Employee Stock Ownership Plan (ESOP), Horicon, 
Wisconsin; to acquire voting shares of Sword Financial Corporation, and 
thereby indirectly acquire voting shares of Horicon Bank and 
Cornerstone Community Bank. The ESOP owns Sword Financial Corporation.

    Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-09047 Filed 4-27-23; 8:45 am]
BILLING CODE P
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