Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities, 15574-15575 [2024-04514]

Download as PDF 15574 Federal Register / Vol. 89, No. 43 / Monday, March 4, 2024 / Notices Description: In accordance with section 1104(b) of title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended, notice is hereby given that the Appraisal Subcommittee (ASC) met for a Special Closed Meeting on this date. Location: Virtual meeting via Webex. Date: February 28, 2024. Time: 11 a.m. ET. Action and Discussion Item Personnel Matter The ASC convened a Special Closed Meeting to discuss a personnel matter. No action was taken by the ASC. Agency’s homepage (www.asc.gov) and access the provided registration link in the News and Events section. The meeting space is intended to accommodate public attendees. However, if the space will not accommodate all requests, the ASC may refuse attendance on that reasonable basis. The use of any video or audio tape recording device, photographing device, or any other electronic or mechanical device designed for similar purposes is prohibited at ASC meetings. [FR Doc. 2024–04513 Filed 3–1–24; 8:45 am] James R. Park, Executive Director. BILLING CODE P BILLING CODE 6700–01–P FEDERAL RESERVE SYSTEM [FR Doc. 2024–04518 Filed 3–1–24; 8:45 am] BILLING CODE 6700–01–P FEDERAL RESERVE SYSTEM FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company [Docket No. AS24–06] Appraisal Subcommittee; Notice of Meeting Appraisal Subcommittee of the Federal Financial Institutions Examination Council. ACTION: Notice of meeting. AGENCY: Description: In accordance with section 1104(b) of title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, notice is hereby given that the Appraisal Subcommittee (ASC) will meet in open session for its regular meeting: Location: This will be a virtual meeting via Webex. Please visit the agency’s homepage (www.asc.gov) and access the provided registration link in the News and Events section. You MUST register in advance to attend this Meeting. Date: March 13, 2024. Time: 10 a.m. ET. Status: Open. Reports Chair Executive Director Delegated State Compliance Reviews Grants Director Financial Manager Notation Votes khammond on DSKJM1Z7X2PROD with NOTICES Action and Discussion Items Approval of Minutes January 17, 2024 Special Open Meeting Minutes How To Attend and Observe an ASC Meeting The meeting will be open to the public via live webcast only. Visit the 17:45 Mar 01, 2024 Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2024–04459 Filed 3–1–24; 8:45 am] James R. Park, Executive Director. VerDate Sep<11>2014 trustees, and Brad A. Lydon and Jana F. Lydon, all of Fontanelle, Iowa; and Jessica C. Christensen and Joshua J. Christensen, both of Greenfield, Iowa; as a group acting in concert, to retain voting shares of Greenfield Bancorporation, Ltd, and thereby indirectly retain voting shares of Union State Bank, both of Greenfield, Iowa. Jkt 262001 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 March 19, 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 Jim and Peggy Scott Trust, James L. Scott and Peggy A. Scott, as co- PO 00000 Frm 00034 Fmt 4703 Sfmt 4703 Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States. 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 question whether the proposal complies with the standards of section 4 of the BHC Act. Unless otherwise noted, comments regarding the 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 March 19, 2024. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, E:\FR\FM\04MRN1.SGM 04MRN1 Federal Register / Vol. 89, No. 43 / Monday, March 4, 2024 / Notices Chicago, Illinois 60690–1414. Comments can also be sent electronically to Comments. applications@chi.frb.org. 1. AmeriNational Community Services, LLC, Albert Lea, Minnesota; to acquire Northwest Bancorporation of Illinois, Inc., Palentine, Illinois, a bank holding company, to engage in certain loan servicing, underwriting, compliance monitoring, asset management, consulting, and other nonbanking activities pursuant to section 225.28 of the Board’s Regulation Y, including sections 225.28(b)(1)–(2), (b)(6), (b)(9), and (b)(12). Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2024–04514 Filed 3–1–24; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System (Board). ACTION: Notice and request for comment. AGENCY: In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (collectively, the ‘‘agencies’’) may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The Federal Financial Institutions Examination Council (FFIEC), of which the agencies are members, has approved the Board’s publication, on behalf of the agencies, for public comment of a proposal to extend, without revision, the Country Exposure Report for U.S. Branches and Agencies of Foreign Banks (FFIEC 019), which is currently an approved collection of information. In determining whether to extend the proposed collection of information, the agencies will consider all comments received. As required by the PRA, the Board would then publish a second Federal Register notice for a 30-day comment period and submit the final FFIEC 019 clearance package to OMB for review and approval. DATES: Comments must be submitted on or before May 3, 2024. ADDRESSES: Interested parties are invited to submit written comments, khammond on DSKJM1Z7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 17:45 Mar 01, 2024 Jkt 262001 identified by ‘‘FFIEC 019,’’ by any of the following methods: • Agency Website: https://www. federalreserve.gov/. Follow the instructions for submitting comments at https://www.federalreserve.gov/apps/ foia/proposedregs.aspx. • Email: regs.comments@ federalreserve.gov. Include the reporting form number in the subject line of the message. • Fax: (202) 452–3819 or (202) 452– 3102. • Mail: Ann E. Misback, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551. All public comments are available on the Board’s website at https://www. federalreserve.gov/apps/foia/ proposedregs.aspx as submitted, unless modified for technical reasons or to remove personally identifiable information at the commenter’s request. Accordingly, comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper form in Room 146, 1709 New York Avenue NW, Washington, DC 20006, between 9:00 a.m. and 5:00 p.m. on weekdays. For security reasons, the Board requires that visitors make an appointment to inspect comments. You may do so by calling (202) 452–3684. Upon arrival, visitors will be required to present valid government-issued photo identification and to submit to security screening in order to inspect and photocopy comments. Additionally, commenters may send a copy of their comments to the OMB desk officer for the agencies by mail to the Office of Information and Regulatory Affairs, U.S. Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street NW, Washington, DC 20503; by fax to (202) 395–6974; or by email to oira_ submission@omb.eop.gov. FOR FURTHER INFORMATION CONTACT: For further information about the proposed extension without revision of the FFIEC 019 discussed in this notice, please contact Nuha Elmaghrabi, Federal Reserve Board Clearance Officer, (202) 452–3884, Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, 20th and C Streets NW, Washington, DC 20551. Telecommunications Device for the Deaf users may call (202) 263–4869. In addition, a copy of the FFIEC 019 form can be obtained at the FFIEC’s website (https://www.ffiec.gov/ffiec_ report_forms.htm). PO 00000 Frm 00035 Fmt 4703 Sfmt 4703 15575 The Board is proposing to extend for three years, without revision, the FFIEC 019. Report Title: Country Exposure Report for U.S. Branches and Agencies of Foreign Banks. Form Number: FFIEC 019. OMB Control Number: 7100–0213. Frequency of Response: Quarterly. Affected Public: Business or other forprofit. Respondents: All branches and agencies of foreign banks domiciled in the United States with total direct claims on foreign residents in excess of $30 million. Estimated Number of Respondents: Ongoing: 147; one-time: 20. Estimated Average Burden per Response: Ongoing: 10 hours; one-time: 4 hours. Estimated Total Annual Burden: Ongoing: 5,880 hours; one-time: 320 hours. SUPPLEMENTARY INFORMATION: General Description of Report This information collection is required pursuant to sections 7 and 13 of the International Banking Act (12 U.S.C. 3105 and 3108) for the Board, sections 7 and 10 of the Federal Deposit Insurance Act (12 U.S.C. 1817 and 1820) for the FDIC, and the National Bank Act (12 U.S.C. 161) as applied through section 4 of the International Banking Act (12 U.S.C. 3102) for the OCC. The FFIEC 019 is given confidential treatment consistent with 5 U.S.C. 552(b)(4) and (b)(8). The FFIEC 019 report must be filed by each U.S. branch or agency of a foreign bank that has total direct claims on foreign residents in excess of $30 million. The branch or agency reports its total exposure (1) to residents of its home country, and (2) to the other five foreign nations to which its exposure is largest and is at least $20 million. The home country exposure must be reported regardless of the size of the total claims for that nation. Each respondent must report by country, as appropriate, the information on its direct claims (assets such as deposit balances with banks, loans, or securities), indirect claims (which include guarantees), and total adjusted claims on foreign residents, as well as information on commitments. The respondent also must report information on claims on related non-U.S. offices that are included in total adjusted claims on the home country, as well as a breakdown for the home country and each other reported country of adjusted claims on unrelated foreign residents by the sector of borrower or guarantor, and by maturity (in two categories: one year or less, and over one year). The Board E:\FR\FM\04MRN1.SGM 04MRN1

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[Federal Register Volume 89, Number 43 (Monday, March 4, 2024)]
[Notices]
[Pages 15574-15575]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-04514]


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FEDERAL RESERVE SYSTEM


Notice of Proposals To Engage in or To Acquire Companies Engaged 
in Permissible Nonbanking Activities

    The companies listed in this notice have given notice under section 
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and 
Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or 
control voting securities or assets of a company, including the 
companies listed below, that engages either directly or through a 
subsidiary or other company, in a nonbanking activity that is listed in 
Sec.  225.28 of Regulation Y (12 CFR 225.28) or that the Board has 
determined by Order to be closely related to banking and permissible 
for bank holding companies. Unless otherwise noted, these activities 
will be conducted throughout the United States.
    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 question 
whether the proposal complies with the standards of section 4 of the 
BHC Act.
    Unless otherwise noted, comments regarding the 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 March 
19, 2024.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street,

[[Page 15575]]

Chicago, Illinois 60690-1414. Comments can also be sent electronically 
to [email protected].
    1. AmeriNational Community Services, LLC, Albert Lea, Minnesota; to 
acquire Northwest Bancorporation of Illinois, Inc., Palentine, 
Illinois, a bank holding company, to engage in certain loan servicing, 
underwriting, compliance monitoring, asset management, consulting, and 
other nonbanking activities pursuant to section 225.28 of the Board's 
Regulation Y, including sections 225.28(b)(1)-(2), (b)(6), (b)(9), and 
(b)(12).

    Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024-04514 Filed 3-1-24; 8:45 am]
BILLING CODE P
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