Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 47505-47506 [2023-15547]

Download as PDF 47505 Federal Register / Vol. 88, No. 140 / Monday, July 24, 2023 / Notices dealer, major swap participant, security based swap dealer, or major security based swap participant. Burden Estimate: SUMMARY OF ESTIMATED ANNUAL BURDEN [OMB No. 3064–0204] Number of responses per respondent Number of respondents Time per response (HH:MM) Annual burden (hours) Information collection (obligation to respond) Type of burden (frequency of response) 1. § 349.2 Definition of ‘‘Eligible Master Netting Agreement,’’ paragraphs (4)(i) and (ii) § 349.8(g) Documentation § 349.10 Documentation of Margin Matters (Mandatory). 2. § 349.7(c) Custody Agreement (Mandatory) .... 3. § 349.8(c) and (d) Initial Margin Model (Mandatory). 4. § 349.8(f)(3) Initial Margin Modeling Report (Mandatory). 5. § 349.8(h) Escalation Procedures (Mandatory) 6. § 349.9(e) Requests for Determinations (Required to Obtain Benefits). 7. Documentation, 12 CFR 349.8(g) (Mandatory) Recordkeeping (Annual) 1 1 5:00 5 Recordkeeping (Annual) Reporting (On occasion). Reporting (On occasion). Recordkeeping (Annual) Reporting (On Occasion). Recordkeeping (Annual) 1 1 1 1 100:00 240:00 100 240 1 1 50:00 50 1 1 1 1 20:00 10:00 20 10 1 1 80:00 80 Total Annual Burden (Hours): ....................... ....................................... ........................ ........................ ........................ 505 lotter on DSK11XQN23PROD with NOTICES1 Source: FDIC. Note: The annual burden estimate for a given collection is calculated in two steps. First, the total number of annual responses is calculated as the whole number closest to the product of the annual number of respondents and the annual number of responses per respondent. Then, the total number of annual responses is multiplied by the time per response and rounded to the nearest hour to obtain the estimated annual burden for that collection. This rounding ensures the annual burden hours in the table are consistent with the values recorded in the OMB’s regulatory tracking system. General Description of Collection: The regulations at part 349 subpart A impose reporting and recordkeeping requirements, as defined by the PRA, on any FDIC-insured state-chartered bank that is not a member of the Federal Reserve System or FDIC-insured statechartered savings association that is registered as a swap entity (covered swap entity). As such, the FDIC must periodically obtain approval from the Office of Management and Budget (OMB) for these collections of information (ICs) with respect to covered swap entities. The OMB approves these ICs through OMB No. 3064–0204, and last approved the ICR on September 8, 2020 (2020 ICR). OMB No. 3064–0204 is set to expire on September 30, 2023. The 2020 ICR contained eleven ICs comprising 1,261 estimated annual responses for an estimated annual burden of 1,740 hours. There is no change in the substance or methodology of this information collection. The change in burden is due to the decline in estimated burden hours from 1,760 to 505 hours. The decline in estimated hours is driven primarily from a reduction in the number of ICs relative to the 2020 ICR. The ICs from the 2020 ICR that were not included in this renewal had an estimated 1,253 annual responses and an estimated 1,295 annual burden hours. VerDate Sep<11>2014 16:56 Jul 21, 2023 Jkt 259001 Request for Comment Comments are invited on: (a) whether the collections of information are necessary for the proper performance of the FDIC’s functions, including whether the information has practical utility; (b) the accuracy of the estimates of the burden of the information collections, including the validity of the methodology and assumptions used; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collections of information on respondents, including through the use of automated collection techniques or other forms of information technology. All comments will become a matter of public record. Federal Deposit Insurance Corporation. Dated July 18, 2023. James P. Sheesley, Assistant Executive Secretary. [FR Doc. 2023–15563 Filed 7–21–23; 8:45 am] BILLING CODE 6714–01–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 PO 00000 Frm 00033 Fmt 4703 Sfmt 4703 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 August 21, 2023. A. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001. Comments E:\FR\FM\24JYN1.SGM 24JYN1 47506 Federal Register / Vol. 88, No. 140 / Monday, July 24, 2023 / Notices can also be sent electronically to KCApplicationComments@kc.frb.org: 1. Cosperity Bancorp, Inc., Lee’s Summit, Missouri; to become a mutual bank holding company through the acquisition of First Federal Bank of Kansas City, Lee’s Summit, Missouri, in connection with the conversion of First Federal Bank of Kansas City from mutual to stock form. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2023–15547 Filed 7–21–23; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM lotter on DSK11XQN23PROD 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. 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 August 7, 2023. A. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant Vice President) One Memorial Drive, Kansas City, Missouri 64198–0001. Comments can also be sent electronically to KCApplicationComments@kc.frb.org: 1. Daniel Plate, Houston, Texas; to join the Plate/Juelfs/Forbes Control Group, a group acting in concert, by acquiring voting shares of Banner County Ban Corporation, and thereby VerDate Sep<11>2014 16:56 Jul 21, 2023 Jkt 259001 indirectly acquiring voting shares of Banner Capital Bank, both of Harrisburg, Nebraska. 2. Dallen Juelfs, Lisco, Nebraska, and Lorenda Forbes, Beaver City, Nebraska; to become members of the Plate/Juelfs/ Forbes Control Group, a group acting in concert, by acquiring voting shares of Banner County Ban Corporation, and thereby indirectly acquiring voting shares of Banner Capital Bank, both of Harrisburg, Nebraska. Additionally, Dallen Juelfs and Lorenda Forbes, to become trustees of The Banner County Ban Corp Employee Stock Ownership Plan and Trust, Harrisburg, Nebraska, and thereby indirectly acquire voting shares of Banner County Ban Corporation and its subsidiary, Banner Capital Bank. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2023–15548 Filed 7–21–23; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM Sunshine Act Meeting 1:00 p.m. on Thursday, July 27, 2023. PLACE: Martin Federal Reserve Board Building, C Street entrance between 20th and 21st Streets NW, Washington, DC 20551. STATUS: Open. On the day of the meeting, you will be able to view the meeting via webcast from a link available on the Board’s website. You do not need to register to view the webcast of the meeting. A link to the meeting documentation will also be available approximately 20 minutes before the start of the meeting. Both links may be accessed from the Board’s website at www.federalreserve.gov. If you plan to attend the open meeting in person, we ask that you notify us in advance and provide your name, date of birth, and social security number (SSN) or passport number. You may provide this information by calling 202–452– 2474 or you may register online. You may pre-register until close of business on July 26, 2023. You also will be asked to provide identifying information, including a photo ID, before being admitted to the Board meeting. The Public Affairs Office must approve the use of cameras; please email media@ frb.gov for further information. If you need an accommodation for a disability, please contact Penelope Beattie on 202– 452–3982. For the hearing impaired only, please use the Telecommunication TIME AND DATE: PO 00000 Frm 00034 Fmt 4703 Sfmt 4703 Device for the Deaf (TDD) on 202–263– 4869. The information you provide will be used to assist us in prescreening you to ensure the security of the Board’s premises and personnel. In order to do this, we may disclose your information consistent with the routine uses listed in the Privacy Act Notice for BGFRS–32, including to appropriate federal, state, local, or foreign agencies where disclosure is reasonably necessary to determine whether you pose a security risk or where the security or confidentiality of your information has been compromised. We are authorized to collect your information by 12 U.S.C 243 and 248, and Executive Order 9397. In accordance with Executive Order 9397, we collect your SSN so that we can keep accurate records, because other people may have the same name and birth date. In addition, we use your SSN when we make requests for information about you from law enforcement and other regulatory agency databases. Furnishing the information requested is voluntary; however, your failure to provide any of the information requested may result in disapproval of your request for access to the Board’s premises. You may be subject to a fine or imprisonment under 18 U.S.C 1001 for any false statements you make in your request to enter the Board’s premises. PRIVACY ACT NOTICE: MATTERS TO BE CONSIDERED: Discussion Agenda 1. Proposed rules to implement the Basel III endgame agreement for large banks and adjustments to the surcharge for U.S. global systemically important banks. Notes: 1. The documents will be made available to attendees on the day of the meeting in paper. The documentation will not be available on the Board’s website until about 20 minutes before the start of the meeting. 2. This meeting will be recorded for the benefit of those unable to attend. The webcast recording and a transcript of the meeting will be available after the meeting on the Board’s website https:// www.federalreserve.gov/aboutthefed/ boardmeetings/. FOR QUESTIONS PLEASE CONTACT: Public Affairs Office at media@frb.gov. You may access the Board’s website at www.federalreserve.gov for an electronic announcement. (The website also includes procedural and other information about the open meeting.) SUPPLEMENTARY INFORMATION: E:\FR\FM\24JYN1.SGM 24JYN1

Agencies

[Federal Register Volume 88, Number 140 (Monday, July 24, 2023)]
[Notices]
[Pages 47505-47506]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-15547]


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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 August 21, 2023.
    A. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001. 
Comments

[[Page 47506]]

can also be sent electronically to [email protected]:
    1. Cosperity Bancorp, Inc., Lee's Summit, Missouri; to become a 
mutual bank holding company through the acquisition of First Federal 
Bank of Kansas City, Lee's Summit, Missouri, in connection with the 
conversion of First Federal Bank of Kansas City from mutual to stock 
form.

    Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-15547 Filed 7-21-23; 8:45 am]
BILLING CODE P
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