60-Day Federal Register Notice

FR1-0015 Interagency Bank Merger Application 82 FR 24969 May 31 2017.pdf

Interagency Bank Merger Application

60-Day Federal Register Notice

OMB: 3064-0015

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Federal Register / Vol. 82, No. 103 / Wednesday, May 31, 2017 / Notices
Affected Public
Individuals representing companies
engaged in business with the ExportImport Bank of the U.S.
Burden Hours
Annual Number of Respondents:
3200.
Estimated Time per Respondent: 45
minutes.
Annual Public Burden Hours: 2400
hours.
Frequency of Reporting of Use: On
occasion.
Government Expense
Reviewing Time per Year: 1600 Hours.
Average Wages per Hour: $42.50.
Average Cost per Year: $68,000.
Benefits and Overhead: 20%.
Total Government Cost: $81,600.
Bassam Doughman,
Project Manager, Agency Clearance Officer,
Office of the Chief Information Officer.
[FR Doc. 2017–11182 Filed 5–30–17; 8:45 am]
BILLING CODE 6690–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewals; Comment Request (3064–
0015)
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:

The FDIC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of existing
information collections, as required by
the Paperwork Reduction Act of 1995.
Currently, the FDIC is soliciting
comment on renewal of the information
collection described below.
DATES: Comments must be submitted on
or before July 31, 2017.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• http://www.FDIC.gov/regulations/
laws/federal/notices.html.
• Email: [email protected]. Include
the name and number of the collection
in the subject line of the message.
• Mail: Manny Cabeza (202–898–
3767). Counsel, MB 3007, Federal
Deposit Insurance Corporation, 550 17th
Street NW., Washington, DC 20429.
• Hand Delivery: Comments may be
hand-delivered to the guard station at

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SUMMARY:

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the rear of the 17th Street Building
(located on F Street), on business days
between 7:00 a.m. and 5:00 p.m.
All comments should refer to the
relevant OMB control number. A copy
of the comments may also be submitted
to the OMB desk officer for the FDIC:
Office of Information and Regulatory
Affairs, Office of Management and
Budget, New Executive Office Building,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Manny Cabeza at (202) 898–3767 or at
the FDIC address noted above.
SUPPLEMENTARY INFORMATION: Proposal
to renew the following currently
approved collections of information:
1. Title: Interagency Bank Merger Act
Application.
OMB Number: 3064–0015.
Form Number: None.
Affected Public: Individuals or
households; business or other for profit.
Estimated Number of Respondents:
241.
Frequency of Response: On occasion.
Estimated Average Burden Hours per
Response: 23.5 hours.
Estimated Total Annual Burden:
5,664 hours.
General Description of the Collection:
The Interagency Bank Merger Act
Application form is used by the Federal
Deposit Insurance Corporation, the
Board of Governors of the Federal
Reserve System, and the Comptroller of
the Currency for applications under
section 18(c) of the Federal Deposit
Insurance Act (FDIA), as amended (12
U.S.C. 1828(c)). The application is used
for a merger, consolidation, or other
combining transaction between
nonaffiliated parties as well as to effect
a corporate reorganization between
affiliated parties (affiliate transaction).
There is a different level of burden for
each of the two types of merger
transactions, nonaffiliated and affiliated.
An affiliate transaction refers to a
merger, consolidation, other
combination, or transfer of any deposit
liabilities, between depository
institutions that are controlled by the
same holding company. It includes a
business combination between a
depository institution and an affiliated
interim institution. Applicants
proposing affiliate transactions are not
required to complete questions 12
through 14 of this form. If depository
institutions are not controlled by the
same holding company, the merger
transaction is considered nonaffiliated,
and the applicant must complete the
entire form. There is no change in the
method or substance of the collection.
The estimated annual burden remains
the same.

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24969

Request for Comment
Comments are invited on: (a) Whether
the collections of information are
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collections,
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 collections 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.
Dated at Washington, DC, this 24th day of
May 2017.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017–11121 Filed 5–30–17; 8:45 am]
BILLING CODE 6714–01–P

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 § 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.
Each notice is available for inspection
at the Federal Reserve Bank indicated.
The notice also will be available for
inspection at the offices of the Board of
Governors. 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
not later than June 15, 2017.
A. Federal Reserve Bank of San
Francisco (Gerald C. Tsai, Director,
Applications and Enforcement) 101

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