Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 5544 [2024-01718]
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5544
Federal Register / Vol. 89, No. 19 / Monday, January 29, 2024 / Notices
incorporated into the official OMB
inventory of currently approved
collections of information. The OMB
inventory, as well as copies of the PRA
Submission, supporting statements
(which contain more detailed
information about the information
collections and burden estimates than
this notice), and approved collection of
information instrument(s) are available
at https://www.reginfo.gov/public/do/
PRAMain. These documents are also
available on the Federal Reserve Board’s
public website at https://
www.federalreserve.gov/apps/
reportingforms/home/review or may be
requested from the agency clearance
officer, whose name appears above.
Final Approval Under OMB Delegated
Authority of the Extension for Three
Years, Without Revision, of the
Following Information Collection
Collection title: Recordkeeping and
Disclosure Requirements Associated
with Regulation H (Securities
Transactions by State Member Banks).
Collection identifier: FR H–3.
OMB control number: 7100–0196.
General description of collection:
Section 15C of the Securities Exchange
Act of 1934, establishes federal
regulation of brokers and dealers of
government securities, including banks
and other financial institutions, and
directs those brokers and dealers to keep
certain records.1 These requirements are
implemented for state member banks
(SMBs) by sections 208.34(c), (d), and
(g) of the Board’s Regulation H, which
require that non-exempt SMBs 2
effecting securities transactions for
customers establish and maintain a
system of records of these transactions,
furnish confirmations of transactions to
customers that disclose certain
information, and establish written
policies and procedures relating to
securities trading.
1 15
U.S.C. 78o–5.
requirements of section 208.34 of
Regulation H apply to all state member banks that
effect more than 500 government securities
brokerage transactions per year, unless the
institution has filed a written notice, or is required
to file notice, with the Board that it acts as a
government securities broker or a government
securities dealer. These requirements also do not
apply to activities of foreign branches of SMBs;
activities of nonmember, non-insured trust
company subsidiaries of bank holding companies;
or activities that are subject to regulations
promulgated by the Municipal Securities
Rulemaking Board. In addition, SMBs with an
annual average of less than 200 securities
transactions for customers over the prior three
calendar years (exclusive of transactions in U.S.
government and agency obligations) are exempt
from these Regulation H recordkeeping and
disclosure requirements. See 12 CFR
208.34(a)(1)(i)–(iv).
ddrumheller on DSK120RN23PROD with NOTICES1
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Frequency: Event-generated,
quarterly.
Respondents: SMBs, SMB officers/
employees.
Total estimated number of
respondents: 3,368.
Total estimated annual burden hours:
100,774.3
Current actions: On September 11,
2023, the Board published a notice in
the Federal Register (88 FR 62366)
requesting public comment for 60 days
on the extension, without revision, of
the FR H–3. The comment period for
this notice expired on November 13,
2023.
Board of Governors of the Federal Reserve
System, January 23, 2024.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024–01630 Filed 1–26–24; 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
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
3 More detailed information regarding this
collection, including more detailed burden
estimates, can be found in the OMB Supporting
Statement posted at https://www.federalreserve.gov/
apps/reportingforms/home/review. On the page
displayed at the link, you can find the OMB
Supporting Statement by referencing the collection
identifier, FR H–3.
PO 00000
Frm 00065
Fmt 4703
Sfmt 4703
Street and Constitution Avenue NW,
Washington, DC 20551–0001, not later
than February 13, 2024.
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. The CN 2023 Dynasty Trust,
Milwaukee, Wisconsin, Gregory P.
Nicklaus, Arbor Vitae, Wisconsin, and
Peter J. Wilder, Pewaukee, Wisconsin, as
co- trustees; and the DN 2023 Dynasty
Trust, Milwaukee, Wisconsin, Todd R.
Nicklaus, Rothschild, Wisconsin, and
Peter J. Wilder, as co-trustees; to join the
Nicklaus Family Control Group, a group
acting in concert, to acquire voting
shares of River Valley Bancorporation,
Inc., and thereby indirectly acquire
voting shares of IncredibleBank, both of
Wausau, Wisconsin.
Board of Governors of the Federal Reserve
System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024–01718 Filed 1–26–24; 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
E:\FR\FM\29JAN1.SGM
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]]>Agencies
[Federal Register Volume 89, Number 19 (Monday, January 29, 2024)]
[Notices]
[Page 5544]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-01718]
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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 February 13, 2024.
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. The CN 2023 Dynasty Trust, Milwaukee, Wisconsin, Gregory P.
Nicklaus, Arbor Vitae, Wisconsin, and Peter J. Wilder, Pewaukee,
Wisconsin, as co- trustees; and the DN 2023 Dynasty Trust, Milwaukee,
Wisconsin, Todd R. Nicklaus, Rothschild, Wisconsin, and Peter J.
Wilder, as co-trustees; to join the Nicklaus Family Control Group, a
group acting in concert, to acquire voting shares of River Valley
Bancorporation, Inc., and thereby indirectly acquire voting shares of
IncredibleBank, both of Wausau, Wisconsin.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024-01718 Filed 1-26-24; 8:45 am]
BILLING CODE P
