Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 51342-51343 [2024-13296]

Download as PDF 51342 Federal Register / Vol. 89, No. 117 / Monday, June 17, 2024 / Notices SUMMARY OF ESTIMATED ANNUAL BURDENS [OMB No. 3064–0103] Number of responses per respondent Annual burden (hours) Type of burden (obligation to respond) Frequency of response Recordkeeping Requirements Associated with Real Estate Appraisals and Evaluations (12 CFR 323). Recordkeeping (Mandatory) On occasion ... 3,038 250 0.083 63,039 ............................................. ........................ ........................ ........................ ........................ 63,039 Total Annual Burden Hours. Number of respondents Time per response (hours) IC description Source: FDIC. General Description of Collection: FIRREA directs the FDIC to prescribe appropriate performance standards for real estate appraisals connected with federally related transactions under its jurisdiction. This information collection is a direct consequence of the statutory requirement. It is designed to provide protection for federal financial and public policy interests by requiring real estate appraisals used in connection with federally related transactions to be performed in writing, in accordance with uniform standards, by an appraiser whose competency has been demonstrated and whose professional conduct will be subject to effective supervision. There is no change in the methodology or substance of this information collection. The increase in estimated annual burden (from 227 hours in 2021 to 250 hours currently) is due to the increase in the estimated number of responses. 2. Title: Qualified Financial Contracts Part 371. OMB Number: 3064–0163. Forms: None. Affected Public: State non-member banks and savings associations. Burden Estimate: SUMMARY OF ESTIMATED ANNUAL BURDEN [OMB No. 3064–0163] Number of responses per respondent Number of respondents Time per response (HH:MM) Annual burden (hours) Information collection (IC) (obligation to respond) Type of burden (frequency of response) 1. Full Scope Entities, Implementation (Mandatory). 2. Full Scope Entities, Ongoing (Mandatory). 3. Limited Scope Entities, Implementation (Mandatory). 4. Limited Scope Entities, Ongoing (Mandatory). 5. Reporting Requirements for part 371 (Mandatory). Recordkeeping (Annual) .................. 1 1 6,000:00 6,000 Recordkeeping (Annual) .................. 11 1 250:00 2,750 Recordkeeping (Annual) .................. 3 1 23:30 71 Recordkeeping (Annual) .................. 10 1 11:30 115 Reporting (Annual) ........................... 4 1 6:00 24 Total Annual Burden (Hours) ..... ........................................................... ........................ ........................ ........................ 8,960 khammond on DSKJM1Z7X2PROD with NOTICES Source: FDIC. General Description of Collection: This collection consists of recordkeeping requirements for qualified financial contracts (QFCs) held by insured depository institutions in troubled condition. There is no change in the methodology or substance of this information collection. The decrease in the estimated annual burden (from 10,250 hours in 2021 to 8,960 hours currently) is due to the decline in the estimated number of limited scope entities covered by Part 371. Request for Comment Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the FDIC’s functions, including whether VerDate Sep<11>2014 17:00 Jun 14, 2024 Jkt 262001 the information has practical utility; (b) the accuracy of the estimates of the burden of the information collection, including the validity of the methodology and assumptions used; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology. All comments will become a matter of public record. Federal Deposit Insurance Corporation. PO 00000 Frm 00043 Fmt 4703 Sfmt 4703 Dated at Washington, DC, on June 12, 2024. James P. Sheesley, Assistant Executive Secretary. [FR Doc. 2024–13250 Filed 6–14–24; 8:45 am] BILLING CODE 6714–01–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 E:\FR\FM\17JNN1.SGM 17JNN1 Federal Register / Vol. 89, No. 117 / Monday, June 17, 2024 / Notices khammond on DSKJM1Z7X2PROD with NOTICES 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 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. 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 July 17, 2024. 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. Arlo Financial Holdings, Inc.; to become a bank holding company by acquiring Systematic Savings Bank, both of Springfield, Missouri. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2024–13296 Filed 6–14–24; 8:45 am] BILLING CODE P VerDate Sep<11>2014 17:00 Jun 14, 2024 Jkt 262001 DEPARTMENT OF DEFENSE GENERAL SERVICES ADMINISTRATION NATIONAL AERONAUTICS AND SPACE ADMINISTRATION [OMB Control No. 9000–0142; Docket No. 2024–0054; Sequence No. 9] Submission for OMB Review; Past Performance Information Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA). ACTION: Notice. AGENCY: Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division has submitted to the Office of Management and Budget (OMB) a request to review and approve an extension of a previously approved information collection requirement regarding past performance information. DATES: Submit comments on or before July 17, 2024. ADDRESSES: Written comments and recommendations for this information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/PRAMain. Find this particular information collection by selecting ‘‘Currently under Review—Open for Public Comments’’ or by using the search function. FOR FURTHER INFORMATION CONTACT: Zenaida Delgado, Procurement Analyst, at telephone 202–969–7207, or zenaida.delgado@gsa.gov. SUPPLEMENTARY INFORMATION: SUMMARY: A. OMB Control Number, Title, and Any Associated Form(s) 9000–0142, Past Performance Information. B. Need and Uses This clearance covers the information that offerors and contractors must submit to comply with the following Federal Acquisition Regulation (FAR) requirements: Preaward. For responses during source selection. • FAR 15.305(a)(2)(ii). This section requires solicitations to describe the approach for evaluating past performance, including evaluating offerors with no relevant performance history, and providing offerors an opportunity to identify past or current contracts (including Federal, State, and local government and private) for efforts similar to the Government requirement. Solicitations also must authorize PO 00000 Frm 00044 Fmt 4703 Sfmt 4703 51343 offerors to provide information on problems encountered on their identified contracts and the offeror corrective actions. Per FAR 15.304(c)(3), past performance must be evaluated in all source selections for negotiated competitive acquisitions expected to exceed the simplified acquisition threshold (SAT) unless the contracting officer documents the reason past performance is not an appropriate evaluation factor for the acquisition. • FAR 52.212–1, Instructions to Offerors—Commercial Products and Commercial Services. This provision requires offerors, per paragraph (b)(10), to submit past performance information, when included as an evaluation factor, to include recent and relevant contracts for the same or similar items and other references (including contract numbers, points of contact with telephone numbers and other relevant information). Postaward. For responses in the Contractor Performance Assessment Reporting System (CPARS). • FAR 42.1503(d). Requires contractors be afforded up to 14 calendar days from the notification date that a past performance evaluation has been entered into CPARS to submit comments, rebutting statements, or additional information. Past performance information is relevant information regarding a contractor’s actions under previously awarded contracts or orders, for future source selection purposes. Source selection officials may obtain past performance information from a variety of sources. Contracting officers use the information to support future source selection decisions. C. Annual Burden Respondents: 60,669. Total Annual Responses: 74,641. Total Burden Hours: 149,283. D. Public Comment A 60-day notice was published in the Federal Register at 89 FR 24478, on April 8, 2024. No comments were received. Obtaining Copies: Requesters may obtain a copy of the information collection documents from the GSA Regulatory Secretariat Division by calling 202–501–4755 or emailing GSARegSec@gsa.gov. Please cite OMB E:\FR\FM\17JNN1.SGM 17JNN1

Agencies

[Federal Register Volume 89, Number 117 (Monday, June 17, 2024)]
[Notices]
[Pages 51342-51343]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-13296]


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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

[[Page 51343]]

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 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.
    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 July 17, 2024.
    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. Arlo Financial Holdings, Inc.; to become a bank holding company 
by acquiring Systematic Savings Bank, both of Springfield, Missouri.

    Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024-13296 Filed 6-14-24; 8:45 am]
BILLING CODE P
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