Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 33346-33347 [2024-09140]

Download as PDF 33346 Federal Register / Vol. 89, No. 83 / Monday, April 29, 2024 / Notices assistance for accessibility reasons, or have questions, contact Ashley Waldron, Secretary to the Board. Telephone: 703–883–4009. TTY: 703– 883–4056. FEDERAL RESERVE SYSTEM Ashley Waldron, Secretary to the Board. The company listed in this notice has 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 application listed below, as well as other related filings required by the Board, if any, are available for immediate inspection at the Federal Reserve Bank indicated below and at the offices of the Board of Governors. The public record of the application, including all comments received, also is available on the Board’s public website at: https://www.federal reserve.gov/foia/capital-one-discoverapplication-materials.htm. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)), as well as the standards enumerated in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Comments received are subject to public disclosure. In general, comments received will be made available without change and will not be modified to remove personal or business information including confidential, contact, or other identifying information. Comments should not include any information such as confidential information that would not be appropriate for public disclosure. The comment period for this application has been extended for good cause in order to provide additional opportunity for interested persons to submit comments. Comments regarding each of these applications must be received at the Reserve Bank indicated or at 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 May 31, 2024. A. Federal Reserve Bank of Richmond (Brent B. Hassell, Assistant Vice President) P.O. Box 27622, Richmond, Virginia 23261 or electronically to Comments.applications@rich.frb.org: [FR Doc. 2024–09337 Filed 4–25–24; 4:15 pm] BILLING CODE 6705–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Sunshine Act Meetings TIME AND DATE: 11:05 a.m. on Thursday, April 25, 2024. The meeting was held in the Board Room located on the sixth floor of the FDIC Building located at 550 17th Street NW, Washington, DC. PLACE: STATUS: Closed. The Board of Directors of the Federal Deposit Insurance Corporation met to consider matters related to the Corporation’s supervision, corporate, and resolution activities. In calling the meeting, the Board determined, on motion of Director Rohit Chopra (Director, Consumer Financial Protection Bureau) seconded by Director Michael J. Hsu (Acting Comptroller of the Currency), and concurred in by Chairman Martin J. Gruenberg, Vice Chairman Travis J. Hill, and Director Jonathan P. McKernan, that Corporation business required its consideration of the matters which were to be the subject of this meeting on less than seven days’ notice to the public; that no earlier notice of the meeting was practicable; that the public interest did not require consideration of the matters in a meeting open to public observation; and that the matters could be considered in a closed meeting by authority of subsections (c)(2), (c)(4), (c)(6), (c)(8), (c)(9)(A), and (c)(9)(B) of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b (c)(2), (c)(4), (c)(6), (c)(8), (c)(9)(A), and (c)(9)(B)). MATTERS TO BE CONSIDERED: khammond on DSKJM1Z7X2PROD with NOTICES CONTACT PERSON FOR MORE INFORMATION: Requests for further information concerning the meeting may be directed to Debra A. Decker, Executive Secretary of the Corporation, at 202–898–8748. Dated this the 25th day of April, 2024. Federal Deposit Insurance Corporation. James P. Sheesley, Assistant Executive Secretary. [FR Doc. 2024–09295 Filed 4–25–24; 4:15 pm] BILLING CODE 6714–01–P VerDate Sep<11>2014 20:54 Apr 26, 2024 Jkt 262001 Formations of, Acquisitions by, and Mergers of Bank Holding Companies Extension of Comment Period PO 00000 Frm 00035 Fmt 4703 Sfmt 4703 1. Capital One Financial Corporation, McLean, Virginia; to acquire Discover Financial Services, Riverwoods, Illinois, and thereby indirectly acquire Discover Bank, Greenwood, Delaware. In connection with this application, Capital One Financial Corporation to acquire DFS Services LLC, Riverwoods, Illinois; Discover Financial Services (Canada), Inc., Vancouver, British Columbia, Canada; PULSE Network LLC, Houston, Texas; and Diners Club International Ltd., Riverwoods, Illinois, and thereby engage in activities closely related to banking including extending credit and servicing loans, activities related to extending credit, and data processing pursuant to section 225.28(b)(1), (b)(2), and (b)(14), respectively, of the Board’s Regulation Y. Board of Governors of the Federal Reserve System. Ann Misback, Secretary of the Board. [FR Doc. 2024–09170 Filed 4–26–24; 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 received are subject to public disclosure. In general, comments received will be made available without change and will not be modified to remove personal or business information including confidential, contact, or other identifying information. Comments should not E:\FR\FM\29APN1.SGM 29APN1 khammond on DSKJM1Z7X2PROD with NOTICES Federal Register / Vol. 89, No. 83 / Monday, April 29, 2024 / Notices include any information such as confidential information that would not be appropriate for public disclosure. 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 May 14, 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 BG 2024 Trust, Milwaukee, Wisconsin, Ben Grimstad, Decorah, Iowa, and Peter J. Wilder, Pewaukee, Wisconsin, as co-trustees, and Padrin Grimstad, Decorah, Iowa, individually, and as Grantor; the JG 2024 Trust, Milwaukee, Wisconsin, Joseph Grimstad, Decorah, Iowa, and Peter J. Wilder, as co-trustees, and Ann Grimstad, Decorah, Iowa, individually, and as Grantor; to join the Grimstad Family Control Group, a group acting in concert, to acquire voting shares of Security Agency, Incorporated, and thereby indirectly acquire voting shares of Decorah Bank and Trust Company, both of Decorah, Iowa. B. Federal Reserve Bank of San Francisco (Joseph Cuenco, Assistant Vice President, Formations & Transactions) 101 Market Street, San Francisco, California 94105–1579. Comments can also be sent electronically to sf.fisc.comments.applications@ sf.frb.org: 1. The Burge Living Trust Dated September 28, 1994, Krystal Burge and Everett Burge, both individually, and as co-trustees, Amber Kay Burge, all of Kingman, Arizona; Chad Everett Burge, Prescott, Arizona; Everett Burge Dynasty Trust, Kingman, Arizona, Krystal Burge and Everett Burge, as co-trustees; Aaron Dean Dynasty, LLC, Kingman, Arizona, Krystal Burge and Everett Burge, Managing Directors; Tiffany Oder (also known as Tiffany Rae Zee Burge), The M & K Peterson Living Trust Dated November 17, 1998 and Any Amendments Thereto, Mark T. Peterson and Kara E. Peterson, both individually, and as co-trustees, and The Kara Peterson Dynasty Trust, Mark T. Peterson and Kara E. Peterson, as cotrustees, all of Paradise Valley, Arizona; to form the Burge-Peterson Family Control Group, a group acting in concert, to acquire additional voting shares of Community Bancshares, Inc., and thereby indirectly acquire voting VerDate Sep<11>2014 20:54 Apr 26, 2024 Jkt 262001 33347 shares of Mission Bank, both of Kingman, Arizona. clearance officer, whose name appears above. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. Final Approval Under OMB Delegated Authority of the Extension for Three Years, Without Revision, of the Following Information Collection [FR Doc. 2024–09140 Filed 4–26–24; 8:45 am] Collection title: Recordkeeping and Disclosure Requirements and Provisions Associated with Real Estate Appraisal Standards. Collection identifier: FR Y–30. OMB control number: 7100–0250. General description of collection: Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) (12 U.S.C. 3331 et seq.) requires that, for federally related transactions,1 regulated institutions obtain real estate appraisals performed by certified or licensed appraisers in conformance with uniform appraisal standards. The Board’s regulations implementing title XI of FIRREA, contained in the Board’s Regulation Y— Bank Holding Companies and Change in Bank Control (12 CFR part 225), include certain recordkeeping requirements that apply to respondents. The Board and other supervisory agencies also have issued Interagency Appraisal and Evaluation Guidelines (the Guidelines) that convey supervisory expectations relating to real estate appraisals and evaluations used to support real estaterelated financial transactions.2 These Guidelines recommend that institutions adopt certain policies and procedures to ensure compliance with title XI of FIRREA and Regulation Y. Frequency: Event-generated. Respondents: State member banks, bank holding companies, and nonbank subsidiaries of bank holding companies. Total estimated number of respondents: 1,866. Total estimated annual burden hours: 28,340.3 BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB Board of Governors of the Federal Reserve System. SUMMARY: The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Recordkeeping and Disclosure Requirements and Provisions Associated with Real Estate Appraisal Standards (FR Y–30; OMB No. 7100– 0250). AGENCY: FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance Officer—Nuha Elmaghrabi—Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, nuha.elmaghrabi@frb.gov, (202) 452–3884. Office of Management and Budget (OMB) Desk Officer for the Federal Reserve Board, Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street NW, Washington, DC 20503, or by fax to (202) 395–6974. SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board authority under the Paperwork Reduction Act (PRA) to approve and assign OMB control numbers to collections of information conducted or sponsored by the Board. Boardapproved collections of information are 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.federal reserve.gov/apps/reportingforms/review or may be requested from the agency PO 00000 Frm 00036 Fmt 4703 Sfmt 4703 1 A ‘‘federally related transaction’’ means any real estate-related financial transaction which (A) a federal financial institutions regulatory agency or the Resolution Trust Corporation engages in, contracts for, or regulates, and (B) requires the services of an appraiser. 12 U.S.C. 3350(4). The term ‘‘real estate-related financial transaction’’ means any transaction involving (A) the sale, lease, purchase, investment in or exchange of real property, including interests in property, or the financing thereof, (B) the refinancing of real property or interests in real property, and (C) the use of real property or interests in property as security for a loan or investment, including mortgage-backed securities. 12 U.S.C. 3350(5). 2 SR 10–16, available at https://www.federal reserve.gov/boarddocs/srletters/2010/sr1016.htm. 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/review. On the page displayed at the link, you can find the OMB Supporting E:\FR\FM\29APN1.SGM Continued 29APN1

Agencies

[Federal Register Volume 89, Number 83 (Monday, April 29, 2024)]
[Notices]
[Pages 33346-33347]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-09140]


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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 received are subject to public disclosure. In general, 
comments received will be made available without change and will not be 
modified to remove personal or business information including 
confidential, contact, or other identifying information. Comments 
should not

[[Page 33347]]

include any information such as confidential information that would not 
be appropriate for public disclosure.
    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 May 14, 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 BG 2024 Trust, Milwaukee, Wisconsin, Ben Grimstad, Decorah, 
Iowa, and Peter J. Wilder, Pewaukee, Wisconsin, as co-trustees, and 
Padrin Grimstad, Decorah, Iowa, individually, and as Grantor; the JG 
2024 Trust, Milwaukee, Wisconsin, Joseph Grimstad, Decorah, Iowa, and 
Peter J. Wilder, as co-trustees, and Ann Grimstad, Decorah, Iowa, 
individually, and as Grantor; to join the Grimstad Family Control 
Group, a group acting in concert, to acquire voting shares of Security 
Agency, Incorporated, and thereby indirectly acquire voting shares of 
Decorah Bank and Trust Company, both of Decorah, Iowa.
    B. Federal Reserve Bank of San Francisco (Joseph Cuenco, Assistant 
Vice President, Formations & Transactions) 101 Market Street, San 
Francisco, California 94105-1579. Comments can also be sent 
electronically to [email protected]:
    1. The Burge Living Trust Dated September 28, 1994, Krystal Burge 
and Everett Burge, both individually, and as co-trustees, Amber Kay 
Burge, all of Kingman, Arizona; Chad Everett Burge, Prescott, Arizona; 
Everett Burge Dynasty Trust, Kingman, Arizona, Krystal Burge and 
Everett Burge, as co-trustees; Aaron Dean Dynasty, LLC, Kingman, 
Arizona, Krystal Burge and Everett Burge, Managing Directors; Tiffany 
Oder (also known as Tiffany Rae Zee Burge), The M & K Peterson Living 
Trust Dated November 17, 1998 and Any Amendments Thereto, Mark T. 
Peterson and Kara E. Peterson, both individually, and as co-trustees, 
and The Kara Peterson Dynasty Trust, Mark T. Peterson and Kara E. 
Peterson, as co-trustees, all of Paradise Valley, Arizona; to form the 
Burge-Peterson Family Control Group, a group acting in concert, to 
acquire additional voting shares of Community Bancshares, Inc., and 
thereby indirectly acquire voting shares of Mission Bank, both of 
Kingman, Arizona.

    Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024-09140 Filed 4-26-24; 8:45 am]
BILLING CODE 6210-01-P
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