Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 59921-59922 [2023-18655]
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Federal Register / Vol. 88, No. 167 / Wednesday, August 30, 2023 / Notices
America—U.S. Southeast Coast Service
Space Charter Agreement.
Parties: Network Shipping Ltd.;
Oceanus Line Ltd.
Filing Party: Susana Vergel; Network
Shipping Ltd.
Synopsis: The Agreement authorizes
Network Shipping Ltd. to charter space
to Oceanus Line Ltd. on vessels NWS
operates in the trade between Costa
Rica, on the one hand, and the U.S.
Southeast Coast, on the other hand.
Proposed Effective Date: 8/24/2023.
Location:
https://www2.fmc.gov/
FMC.Agreements.Web/Public/
AgreementHistory/84515.
Dated: August 25, 2023.
Carl Savoy,
Program Support Specialist.
A. Federal Reserve Bank of San
Francisco: (Joseph Cuenco, Assistant
Vice President) Formations,
Transactions and Enforcement, 101
Market Street, San Francisco, California
94105–1579. Comments can also be sent
electronically to:
sf.fisc.comments.applications@
sf.frb.org.
1. Banc of California, Inc., Santa Ana,
California; to acquire PacWest Bancorp,
and thereby indirectly acquire Pacific
Western Bank, both of Beverly Hills,
California.
Board of Governors of the Federal Reserve
System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023–18656 Filed 8–29–23; 8:45 am]
BILLING CODE P
[FR Doc. 2023–18733 Filed 8–29–23; 8:45 am]
BILLING CODE 6730–02–P
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
FEDERAL RESERVE SYSTEM
lotter on DSK11XQN23PROD with NOTICES1
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 29, 2023.
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17:31 Aug 29, 2023
Jkt 259001
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 14, 2023.
A. Federal Reserve Bank of Atlanta
(Erien O. Terry, Assistant Vice
President) 1000 Peachtree Street NE,
Atlanta, Georgia 30309. Comments can
also be sent electronically to
Applications.Comments@atl.frb.org:
PO 00000
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59921
1. Robert M. Clements; George M.
Egan; W. Ross Singletary, II; John S.
Surface; Scott C. Verlander; Jason
Burhyte; Jed V. Davis; Preston H.
Haskell III as trustee of the Preston H.
Haskell III Revocable Trust; Allen D.
Miller; William H. Morris as trustee of
the William H. Morris 2008 Trust, John
J. Morris, as principal of the FH Morris
LLC, and Mary Elizabeth Uible Morris,
as trustee of the Wingman Irrevocable
Trust; Charles B. Tomm; Alonzo D.S.
Walton; and Patrick Zalupski, all of
Jacksonville, Florida; Michael Hodge,
Jacksonville Beach, Florida; William P.
Battle; Cooper Family Ventures, LLC,
Dwight L. Cooper, principal; Donald
Glisson, Jr., all of Ponte Vedra Beach,
Florida; W. Bret Cato, Claxton, Georgia;
Steven C. Edwards, individually and for
the Steven Edwards IRA, Atlanta,
Georgia; Robert J. Mylod, Jr.,
Birmingham, Michigan; Frederic H.
Garner; Robert H. Sheridan, III, all of
Charlotte, North Carolina; Jeff H. Boyd
on behalf of Brothers Brooks, LLC,
Darien, Connecticut; John F. Cozzi as
trustee of the John F. Cozzi Revocable
Trust, Malvern, Pennsylvania; Merrick
R. Kleeman, Norwalk, Connecticut;
Patrick K. McGee, Dallas, Texas; and
John J. Schickel, Jr., Coppell, Texas; all
as a group acting in concert; to acquire
voting shares of Southern Bankshares,
Inc., and thereby indirectly acquire
outstanding voting shares of The
Claxton Bank, both of Claxton, Georgia.
Board of Governors of the Federal Reserve
System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023–18759 Filed 8–29–23; 8:45 am]
BILLING CODE P
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
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
E:\FR\FM\30AUN1.SGM
30AUN1
59922
Federal Register / Vol. 88, No. 167 / Wednesday, August 30, 2023 / Notices
lotter on DSK11XQN23PROD with NOTICES1
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 14, 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. JFG Control, LP, a proposed
qualified family partnership, the general
partner of which is IPJ 2012 JFG Trust,
Helen P. Johnson-Leipold, trustee, all of
Racine, Wisconsin; to join the Johnson
Family Control Group and acquire
voting shares of Johnson Financial
Group, Inc., thereby indirectly acquiring
voting shares of Johnson Bank, both of
Racine, Wisconsin.
B. Federal Reserve Bank of Kansas
City: (Jeffrey Imgarten, Assistant Vice
President) One Memorial Drive, Kansas
City, Missouri 64198. Comments can
also be sent electronically to
CApplicationComments@kc.frb.org:
1. Shawn Grubb, Weatherford,
Oklahoma, and Kenneth Baker as cotrustees of the Derek Joseph Grubb 2012
Trust, and the Jordan Alyssa Grubb
2012 Trust, all of Clinton, Oklahoma;
and the Washita Valley Trust, Clinton,
Oklahoma, Kenneth Baker, trustee; to
become members of the Shawn Grubb
Family Control Group, a group acting in
concert, to acquire voting shares of
Hydro Bancshares, Inc., and thereby
indirectly acquire voting shares of Bank
of Hydro, both of Hydro, Oklahoma.
Shawn Grubb, co-trustee, has been
previously approved by the Federal
Reserve Board.
Board of Governors of the Federal Reserve
System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023–18655 Filed 8–29–23; 8:45 am]
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FEDERAL TRADE COMMISSION
Agency Information Collection
Activities; Proposed Collection;
Comment Request; Extension
Federal Trade Commission.
Notice.
AGENCY:
ACTION:
The Federal Trade
Commission (‘‘FTC’’ or ‘‘Commission’’)
is seeking public comments on its
proposal to extend for an additional
three years the current Paperwork
Reduction Act (‘‘PRA’’) clearance for
information collection requirements
contained in the FTC’s trade regulation
rule entitled ‘‘Use of Prenotification
Negative Option Plans’’ (‘‘Negative
Option Rule’’ or ‘‘Rule’’). That clearance
expires on January 31, 2024.
DATES: Comments must be filed by
October 30, 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. Write ‘‘Negative Option Rule;
PRA Comment: FTC File No. P072108’’
on your comment, and file your
comment online at https://
www.regulations.gov by following the
instructions on the web-based form. If
you prefer to file your comment on
paper, mail your comment to the
following address: Federal Trade
Commission, Office of the Secretary,
600 Pennsylvania Avenue NW, Suite
CC–5610 (Annex J), Washington, DC
20580.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Katherine Johnson, Attorney, Division
of Enforcement, Federal Trade
Commission, Room CC–9528, 600
Pennsylvania Avenue NW, Washington,
DC 20580, (202) 326–2185.
SUPPLEMENTARY INFORMATION:
Title: Use of Prenotification Negative
Option Plans (Negative Option Rule or
Rule), 16 CFR part 425.1
OMB Control Number: 3084–0104.
Type of Review: Extension without
change of currently approved collection.
Abstract: The Negative Option Rule
governs the operation of prenotification
subscription plans. Under these types of
plans—which can include things such
as a book of the month club, food of the
month club, or clothing items of the
1 The Commission recently published a Notice of
Proposed Rulemaking seeking comment on
proposed amendments to the Commission’s
Negative Option Rule. 88 FR 24716 (Apr. 24, 2023).
The present PRA Notice is not part of that
proceeding and merely seeks comment on the
existing burden estimates for the current Rule,
which applies only to ‘‘prenotification’’ negative
option plans.
PO 00000
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Fmt 4703
Sfmt 4703
month club—a seller provides a
consumer with automatic shipments of
merchandise unless the consumer
affirmatively notifies the seller they do
not want the shipment. The Rule
requires that a seller notify a member
that they will automatically ship
merchandise to the member and bill the
member for the merchandise if the
subscriber fails to expressly reject the
merchandise beforehand within a
prescribed time. The Rule protects
consumers by: (1) requiring that
promotional materials disclose the
terms of membership clearly and
conspicuously; and (2) establishing
procedures for the administration of
such ‘‘negative option’’ plans.
Affected Public: Private Sector: Sellers
of prenotification subscription plans.
Estimated Annual Burden Hours:
2,500 hours.
Estimated Annual Labor Costs:
$152,350 (solely related to labor costs).
Estimated Annual Non-Labor Costs:
$0 or de minimis.
As required by section 3506(c)(2)(A)
of the PRA, 44 U.S.C. 3506(c)(2)(A), the
FTC is providing this opportunity for
public comment before requesting that
OMB extend the existing clearance for
the information collection requirements
contained in the Rule.
Burden Statement
Estimated Annual Burden Hours:
2,500.
Based on industry input, FTC staff
estimates that approximately 25 clubs
are subject to the disclosure
requirements contained in the Rule.2
FTC staff further estimates that each
club will require annually about 100
hours to comply with the Rule’s
disclosure requirements. This yields a
total annual burden of 2,500 hours (25
clubs × 100 hours).
Estimated Annual Cost Burden:
$152,350 (solely related to labor costs).
Based on recent data from the Bureau
of Labor Statistics, the mean hourly
wage for advertising and promotion
managers is approximately $70.70 per
hour; 3 compensation for office and
administrative support personnel is
approximately $21.90 per hour.4
2 According to industry input, many firms
previously covered have transitioned to a
subscription-based approach. Thus, the current
estimate is lower than past estimates. Additionally,
industry sources have indicted in the past that a
substantial portion of the existing clubs would
make these disclosures absent the Rule because
they help foster long-term relationships with
consumers.
3 See Occupational Employment and Wages—
May 2022, Table 1, at https://www.bls.gov/
news.release/ocwage.t01.htm (mean hourly wage
rate for advertising and promotion managers).
4 See id. (mean hourly wage rate for office and
administrative support occupations).
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]]>Agencies
[Federal Register Volume 88, Number 167 (Wednesday, August 30, 2023)]
[Notices]
[Pages 59921-59922]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-18655]
-----------------------------------------------------------------------
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
[[Page 59922]]
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 14,
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
[email protected]:
1. JFG Control, LP, a proposed qualified family partnership, the
general partner of which is IPJ 2012 JFG Trust, Helen P. Johnson-
Leipold, trustee, all of Racine, Wisconsin; to join the Johnson Family
Control Group and acquire voting shares of Johnson Financial Group,
Inc., thereby indirectly acquiring voting shares of Johnson Bank, both
of Racine, Wisconsin.
B. Federal Reserve Bank of Kansas City: (Jeffrey Imgarten,
Assistant Vice President) One Memorial Drive, Kansas City, Missouri
64198. Comments can also be sent electronically to
[email protected]:
1. Shawn Grubb, Weatherford, Oklahoma, and Kenneth Baker as co-
trustees of the Derek Joseph Grubb 2012 Trust, and the Jordan Alyssa
Grubb 2012 Trust, all of Clinton, Oklahoma; and the Washita Valley
Trust, Clinton, Oklahoma, Kenneth Baker, trustee; to become members of
the Shawn Grubb Family Control Group, a group acting in concert, to
acquire voting shares of Hydro Bancshares, Inc., and thereby indirectly
acquire voting shares of Bank of Hydro, both of Hydro, Oklahoma. Shawn
Grubb, co-trustee, has been previously approved by the Federal Reserve
Board.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-18655 Filed 8-29-23; 8:45 am]
BILLING CODE P
