Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 27512-27513 [2023-09269]

Download as PDF 27512 Federal Register / Vol. 88, No. 84 / Tuesday, May 2, 2023 / Notices CFR 545.4 and 545.5 regarding its practices and the billing and payment of costs and charges on shipments of cargo, including demurrage, detention, rail storage, and other inland transportationrelated costs and charges. An answer to the complaint is due to be filed with the Commission within twenty-five (25) days after the date of service. The full text of the complaint can be found in the Commission’s Electronic Reading Room at https://www2.fmc.gov/ readingroom/proceeding/23-01/. This proceeding has been assigned to Office of Administrative Law Judges. The initial decision of the presiding officer in this proceeding shall be issued by April 19, 2024, and the final decision of the Commission shall be issued by November 4, 2024. [FR Doc. 2023–09307 Filed 5–1–23; 8:45 am] BILLING CODE P Formations of, Acquisitions by, and Mergers of Bank Holding Companies [FR Doc. 2023–09272 Filed 5–1–23; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company ddrumheller on DSK120RN23PROD with NOTICES1 Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. FEDERAL RESERVE SYSTEM William Cody, Secretary. 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 18, 2023. A. Federal Reserve Bank of Cleveland (Bryan S. Huddleston, Vice President) VerDate Sep<11>2014 1455 East Sixth Street, Cleveland, Ohio 44101–2566. Comments can also be sent electronically to Comments.applications@clev.frb.org: 1. Cory R. King, Douglas C. King, Karel S. King, Randall E. King, Troy D. King, and Patsy L. Smith; all of Columbus Grove, Ohio; all individually and all members of the King Family Control Group, a group acting in concert, to retain voting shares of The Corn City State Bank, Deshler, Ohio. 18:14 May 01, 2023 Jkt 259001 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 2, 2023. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: PO 00000 Frm 00082 Fmt 4703 Sfmt 4703 1. Multi-Bank Services, Ltd., Southfield, Michigan; to become a bank holding company by acquiring Florence Bancorporation, Inc., and thereby indirectly acquiring Great North Bank, both of Florence, Wisconsin. B. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant Vice President) One Memorial Drive, Kansas City, Missouri 64198. Comments can also be electronically to kcapplicationcomments@kc.frb.org: 1. Stockgrowers State Bank Employee Stock Ownership Plan, Ashland, Kansas; to acquire additional voting shares up to 39 percent of Stockgrowers Banc Corporation, Ashland, Kansas, and thereby indirectly acquire additional shares of Stockgrowers State Bank, Ashland, Kansas, and Peoples Bank, Coldwater, Kansas. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2023–09308 Filed 5–1–23; 8:45 am] BILLING CODE P 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)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the E:\FR\FM\02MYN1.SGM 02MYN1 Federal Register / Vol. 88, No. 84 / Tuesday, May 2, 2023 / Notices standards in section 4 of the BHC Act (12 U.S.C. 1843) and interested persons may express their views in writing on the standards enumerated in section 4. Unless otherwise noted, nonbanking activities will be conducted throughout the United States. 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 1, 2023. A. Federal Reserve Bank of Philadelphia (William Spaniel, Senior Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105– 1521. Comments can also be sent electronically to Comments.applications@phil.frb.org: 1. LINKBANCORP, Inc. Camphill, Pennsylvania; to acquire Partners Bancorp, Salisbury, Maryland, and thereby indirectly acquire The Bank of Delmarva, Seaford, Delaware, and Virginia Partners Bank, Fredericksburg, Virginia, and through Virginia Partners Bank’s subsidiary, Johnson Mortgage Company, LLC, Newport News, Virginia, to engage in activities related to extending credit or servicing loans pursuant to section 225.28(b)(1) of the Board’s Regulation Y. B. Federal Reserve Bank of Dallas (Karen Smith, Director, Mergers & Acquisitions) 2200 N Pearl St., Dallas, Texas 75201. Comments can also be sent electronically to Comments.applications@dal.frb.org: 1. RJ Pope Management GP, LLC, and RJ Pope Investments IV, Ltd., both of Longview, Texas; to become bank holding companies by retaining 47.06 percent of the voting shares of Overton Financial Corporation, Overton, Texas, and indirectly retaining voting shares of Overton Delaware Corporation, Lindale Delaware Corporation, Longview Financial Corporation, and Texas Bank and Trust Company, all of Longview, Texas. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2023–09269 Filed 5–1–23; 8:45 am] ddrumheller on DSK120RN23PROD with NOTICES1 BILLING CODE P FEDERAL TRADE COMMISSION Agency Information Collection Activities; Proposed Collection; Comment Request; Extension AGENCY: Federal Trade Commission. VerDate Sep<11>2014 18:14 May 01, 2023 Jkt 259001 Notice. 27513 Laura Basford, Attorney, Division of Marketing Practices, Bureau of Consumer Protection, Federal Trade Commission, 600 Pennsylvania Avenue NW, Washington, DC 20580, (202) 326– 2343. SUPPLEMENTARY INFORMATION: Title: Pre-Sale Availability of Written Warranty Terms (Pre-Sale Availability Rule or Rule), 16 Part CFR 702. OMB Control Number: 3084–0112. Type of Review: Extension of a currently approved collection. consumer product costing more than $15 available to the consumer before sale. Among other things, the Rule requires sellers to make the text of the warranty readily available either by (1) displaying it in close proximity to the product or (2) furnishing it on request and posting signs in prominent locations advising consumers that the warranty is available. The Rule requires warrantors to provide materials to enable sellers to comply with the Rule’s requirements and also sets out the methods by which warranty information can be made available before the sale if the product is sold through catalogs, mail order, or door to door sales. In addition, in 2016, the FTC revised the Rule to allow warrantors to post warranty terms on internet websites if they also provide a non-internet based method for consumers to obtain the warranty terms and satisfy certain other conditions.3 The revised Rule also allows certain sellers to display warranty terms pre-sale in an electronic format if the warrantor has used the online method of disseminating warranty terms. Likely Respondents: Manufacturers and retailers of consumer products. Estimated Annual Hours Burden: 2,764,837 hours (149,017 hours for manufacturers + 2,615,820 hours for retailers). • Manufacturers account for approximately 149,017 hours (27,094 manufacturers × 5.5 hours) • Retailers account for approximately 2,615,820 hours (523,164 retailers × 5.0 burden hours) Estimated Annual Cost Burden: $67,738,531 (which is derived from $35,942,894 for sales associates + $31,795,637 for clerical workers). • Sales Associates: (1,382,419 hours) ($26/hour) = $35,942,894 • Clerical Workers: (1,382,419 hours) ($23/hour) = $31,795,637 Total Annual Capital or Other Nonlabor Costs: De minimis. Background Request for Comment The Pre-Sale Availability Rule, 16 CFR part 702, is one of three rules 1 that the FTC issued as required by the Magnuson Moss Warranty Act, 15 U.S.C. 2301 et seq. (Warranty Act or Act).2 The Pre-Sale Availability Rule requires sellers and warrantors to make the text of any written warranty on a On January 9, 2023, the FTC sought public comment on the information collection requirements associated with the Rule. 88 FR 1229. No germane comments were received. Pursuant to the OMB regulations, 5 CFR part 1320, that implement the PRA, 44 U.S.C. 3501 et seq., the FTC is providing this second opportunity for public comment while seeking OMB approval to renew the preexisting clearance for the Rule. Your comment—including your name and your state—will be placed on the ACTION: In accordance with the Paperwork Reduction Act of 1995 (PRA), the Federal Trade Commission (FTC or Commission) is seeking public comment on its proposal to extend for an additional three years the Office of Management and Budget clearance for its Rule Governing Pre-Sale Availability of Written Warranty Terms. The current clearance expires on May 31, 2023. DATES: Comments must be filed by June 1, 2023. ADDRESSES: Interested parties may file a comment online or on paper, by following the instructions in the Request for Comment part of the SUPPLEMENTARY INFORMATION section below. Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. The reginfo.gov web link is a United States Government website produced by the Office of Management and Budget (OMB) and the General Services Administration (GSA). Under PRA requirements, OMB’s Office of Information and Regulatory Affairs (OIRA) reviews Federal information collections. SUMMARY: FOR FURTHER INFORMATION CONTACT: 1 The other two rules relate to the information that must appear in a written warranty on a consumer product costing more than $15 if a warranty is offered and minimum standards for informal dispute settlement mechanisms that are incorporated into a written warranty. 2 40 FR 60168 (Dec. 31, 1975). PO 00000 Frm 00083 Fmt 4703 Sfmt 4703 3 81 FR 63664–70 (Sept. 15, 2016). E:\FR\FM\02MYN1.SGM 02MYN1

Agencies

[Federal Register Volume 88, Number 84 (Tuesday, May 2, 2023)]
[Notices]
[Pages 27512-27513]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-09269]


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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)). If the proposal also 
involves the acquisition of a nonbanking company, the review also 
includes whether the acquisition of the nonbanking company complies 
with the

[[Page 27513]]

standards in section 4 of the BHC Act (12 U.S.C. 1843) and interested 
persons may express their views in writing on the standards enumerated 
in section 4. Unless otherwise noted, nonbanking activities will be 
conducted throughout the United States.
    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 1, 2023.
    A. Federal Reserve Bank of Philadelphia (William Spaniel, Senior 
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521. Comments can also be sent electronically to 
[email protected]:
    1. LINKBANCORP, Inc. Camphill, Pennsylvania; to acquire Partners 
Bancorp, Salisbury, Maryland, and thereby indirectly acquire The Bank 
of Delmarva, Seaford, Delaware, and Virginia Partners Bank, 
Fredericksburg, Virginia, and through Virginia Partners Bank's 
subsidiary, Johnson Mortgage Company, LLC, Newport News, Virginia, to 
engage in activities related to extending credit or servicing loans 
pursuant to section 225.28(b)(1) of the Board's Regulation Y.
    B. Federal Reserve Bank of Dallas (Karen Smith, Director, Mergers & 
Acquisitions) 2200 N Pearl St., Dallas, Texas 75201. Comments can also 
be sent electronically to [email protected]:
    1. RJ Pope Management GP, LLC, and RJ Pope Investments IV, Ltd., 
both of Longview, Texas; to become bank holding companies by retaining 
47.06 percent of the voting shares of Overton Financial Corporation, 
Overton, Texas, and indirectly retaining voting shares of Overton 
Delaware Corporation, Lindale Delaware Corporation, Longview Financial 
Corporation, and Texas Bank and Trust Company, all of Longview, Texas.

    Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-09269 Filed 5-1-23; 8:45 am]
BILLING CODE P


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