Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 57460 [2023-18150]
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Federal Register / Vol. 88, No. 162 / Wednesday, August 23, 2023 / Notices
collection with different periodicity.
The agency will consider these separate
respondents for the purpose of this
collection. The total number is 2,887.
Estimated Time per Response:
Responses associated with Agreement
filings under Part 535:
• The average time per response to
file an Agreement that includes Form
FMC–150 is 75 hours.
• The average time per response to
file an Agreement that does not require
FMC–150 is 6 hours.
• The time to file an Agreement
termination averages 0.25 hours.
Responses associated with Monitoring
Requirements under Part 535:
• The average time for meeting
minutes is 2 hours.
• The average time for filing quarterly
monitoring reports for VOCC rate
discussion agreements is 50 hours.
• The average time for filing FMC–
151 (filed by alliance parties) is 160
hours.
• Other reporting requirements
average 10 hours.
• Recordkeeping for optionally filed
agreements is estimated at 0.25 hours.
Total Annual Burden:
Associated with Agreement filings
under Part 535:
• Filing an Agreement that includes
Form FMC–150: 15 responses × 75 hours
= 1,125 person-hours.
• Filing an Agreement that does not
require FMC–150: 60 responses × 6
hours = 360 person-hours.
• Termination of Agreements: 36
responses × 0.25 hours = 9 personhours.
Associated with Monitoring
Requirements under Part 535:
• Filing meeting minutes: 850
responses × 2 hours = 1,700 personhours.
• Reporting for VOCC rate discussion
agreements: 40 × 50 = 2,000 personhours.
• Reporting on FMC–151 (filed by
Alliance parties): 36 × 160 = 5,760
person-hours.
• Other reporting requirements = 300
× 10 = 3,000 person-hours.
• Recordkeeping for optionally filed
agreements = 1,300 × 0.25 = 325 personhours.
Total burden equals 14,279 hours.
FEDERAL RESERVE SYSTEM
FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
[FR Doc. 2023–18150 Filed 8–22–23; 8:45 am]
Board of Governors of the Federal Reserve
System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
William Cody,
Secretary.
BILLING CODE P
[FR Doc. 2023–18153 Filed 8–22–23; 8:45 am]
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 22, 2023.
A. Federal Reserve Bank of St. Louis
(Holly A. Rieser, Senior Manager) P.O.
Box 442, St. Louis, Missouri 63166–
2034. Comments can also be sent
electronically to
Comments.applications@stls.frb.org:
1. Liberty Bancorporation, Inc.,
Liberty, Illinois; to merge with North
Adams Bancshares, Inc., and thereby
indirectly acquire North Adams State
Bank, both of Ursa, Illinois.
Board of Governors of the Federal Reserve
System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
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 September 7, 2023.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414.
Comments can also be sent
electronically to
Comments.applications@chi.frb.org:
1. Greg Remus, Sara Remus,
Alexander Remus and Zachary Remus,
all of Oconomowoc, Wisconsin; to form
the Remus Family Control Group, a
group acting in concert, to retain voting
shares of Westbury Bancorp, Inc., and
thereby indirectly retain voting shares of
Westbury Bank, both of Waukesha,
Wisconsin.
BILLING CODE P
[FR Doc. 2023–18167 Filed 8–22–23; 8:45 am]
BILLING CODE 6730–02–P
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Agencies
[Federal Register Volume 88, Number 162 (Wednesday, August 23, 2023)]
[Notices]
[Page 57460]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-18150]
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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 22,
2023.
A. Federal Reserve Bank of St. Louis (Holly A. Rieser, Senior
Manager) P.O. Box 442, St. Louis, Missouri 63166-2034. Comments can
also be sent electronically to [email protected]:
1. Liberty Bancorporation, Inc., Liberty, Illinois; to merge with
North Adams Bancshares, Inc., and thereby indirectly acquire North
Adams State Bank, both of Ursa, Illinois.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-18150 Filed 8-22-23; 8:45 am]
BILLING CODE P