60-Day Federal Register Notice

FR1-0097 Interagency Notice of Change in Director 83 FR 8867 March 1 2018.pdf

Interagency Notice of Change in Director or Executive Officer

60-Day Federal Register Notice

OMB: 3064-0097

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Federal Register / Vol. 83, No. 41 / Thursday, March 1, 2018 / Notices
Registration
Registration for the March 8, 2018,
pubic meeting teleconference option
will be processed at https://nejacpublic-teleconference-march-82018.eventbrite.com. Pre-registration is
required. Registration for the March 8,
2018, public meeting teleconference
closes at 11:59 p.m., Eastern Time on
Monday, March 5, 2018. The deadline to
sign up to speak during the public
comment period, or to submit written
public comments, is 11:59 p.m., Eastern
Time on Monday, March 5, 2018. When
registering, please provide your name,
organization, city and state, email
address, and telephone number for
follow up. Please also indicate whether
you would like to provide public
comment during the meeting, and
whether you are submitting written
comments before the Monday, March 5,
2018, deadline.
Dated: February 15, 2018.
Matthew Tejada,
Designated Federal Officer, National
Environmental Justice Advisory Council.
[FR Doc. 2018–04190 Filed 2–28–18; 8:45 am]

meeting. In your email include: Name,
postal address, entity you are
representing (if applicable), and
telephone number. You will receive an
email confirmation from us. Please be
prepared to show a photo identification
when you arrive. If you need assistance
for accessibility reasons, or if you have
any questions, contact Dale L. Aultman,
Secretary to the Farm Credit
Administration Board, at (703) 883–
4009. The matters to be considered at
the meeting are:
Open Session
A. Approval of Minutes
• February 8, 2018
B. Report
• Farm Credit System Funding Update
New Business
• Lending and Loan Servicing Controls
Bookletter
• Prior Approval of CoBank, ACB’s
Request to Retire Certain Equities
Included in Common Equity Tier 1
Capital
Dated: February 27, 2018.
Dale L. Aultman,
Secretary, Farm Credit Administration Board.

BILLING CODE 6560–50–P

[FR Doc. 2018–04322 Filed 2–27–18; 4:15 pm]

FARM CREDIT ADMINISTRATION

BILLING CODE 6705–01–P

Sunshine Act Meeting; Farm Credit
Administration Board
FEDERAL DEPOSIT INSURANCE
CORPORATION

Farm Credit Administration.
Notice, regular meeting.

AGENCY:
ACTION:

Notice is hereby given,
pursuant to the Government in the
Sunshine Act, of the regular meeting of
the Farm Credit Administration Board
(Board).

SUMMARY:

The regular meeting of the Board
will be held at the offices of the Farm
Credit Administration in McLean,
Virginia, on March 8, 2018, from 9:00
a.m. until such time as the Board
concludes its business.
ADDRESSES: Farm Credit
Administration, 1501 Farm Credit Drive,
McLean, Virginia 22102–5090. Submit
attendance requests via email to
[email protected]. See
SUPPLEMENTARY INFORMATION for further
information about attendance requests.
FOR FURTHER INFORMATION CONTACT:
Dale L. Aultman, Secretary to the
Farm Credit Administration Board,
(703) 883–4009, TTY (703) 883–4056,
[email protected].
SUPPLEMENTARY INFORMATION: This
meeting of the Board will be open to the
public (limited space available). Please
send an email to VisitorRequest@
FCA.gov at least 24 hours before the

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DATES:

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Agency Information Collection
Activities: Proposed Collection
Revisions; Comment Request
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 three-year extension,
with revisions, of existing information
collections, as required by the
Paperwork Reduction Act of 1995.
Currently, the FDIC is soliciting
comment on extension and revisions of
the information collections described
below.

SUMMARY:

Comments must be submitted on
or before April 30, 2018.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• https://www.FDIC.gov/regulations/
laws/federal.
DATES:

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• Email: [email protected]. Please
include the name and OMB control
number of the relevant information
collection in the subject line of the
message.
• Mail: Manny Cabeza, Counsel,
Room 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
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. Written
comments and/or suggestions can also
be directed to the Office of Management
and Budget, Office of Information and
Regulatory Affairs, attention FDIC Desk
Officer, New Executive Office Building,
Washington, DC 20503 or sent to OIRA_
[email protected].
FOR FURTHER INFORMATION CONTACT: If
you have additional comments,
particularly with respect to the
estimated public burden or associated
response time, have suggestions, need a
copy of any proposed information
collection instrument and instructions,
or desire any other additional
information, please contact Manny
Cabeza, Counsel, FDIC Legal Division,
either by mail at Room MB–3007,
Federal Deposit Insurance Corporation,
550 17th Street NW, Washington, DC
20429; by email at [email protected]; or
by telephone at (202) 898–3767.
SUPPLEMENTARY INFORMATION: Written
comments and suggestions from the
public and affected agencies concerning
the proposed collection of information
are encouraged. All comments received
will become a matter of public record.
Your comments should address one or
more of the following four points:
—Evaluate whether the proposed
collection of information is necessary
for the proper performance of the
functions of the agency, including
whether the information has practical
utility;
—Evaluate the accuracy of the agency’s
estimate of the burden of the
proposed information collection,
including the validity of the
methodology and assumptions used;
—Evaluate whether and if so, how, the
quality, utility, and clarity of the
information to be collected can be
enhanced; and
—Ways to minimize the burden of the
information collection on
respondents, including through the
use of automated collection
techniques or other forms of
information technology.

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Federal Register / Vol. 83, No. 41 / Thursday, March 1, 2018 / Notices

Overview of the Information
Collection Requests. The FDIC proposes
to implement a number of revisions to
currently-approved information
collections, based on the
recommendations of an interagency
working group comprised of
representatives from the FDIC, the
Board of Governors of the Federal
Reserve System, and the Office of the
Comptroller of the Currency, who
collaborated to recommend the
proposed changes. The proposed
changes are being made to: (a) Improve
the clarity of the requests; (b) reflect
new laws, regulations, capital
requirements and accounting rules; (c)
delete information requests that have
been determined to be unnecessary for
the analysis of the filing; and (d) add
transparency for filers regarding the
information that is required to consider
a filing. In determining which changes
to propose, the FDIC surveyed its
regional offices to solicit
recommendations for changes to the
forms and considered the effects of the
changes on community bank
organizations, which represent the
majority of filers. Although the revisions
add items to these forms, the FDIC
believes that some of these additions are
related to information typically
requested on a follow-up basis.
Requesting the information up-front
should increase transparency for filers
as well as improve the efficiency of the
submission and review process.
The FDIC is proposing to revise and
request a three-year extension of the
following currently-approved
collections of information:
1. Title: Interagency Biographical and
Financial Report.
OMB Number: 3064–0006.
Type: Revision of a currently
approved collection.

Form: Interagency Biographical and
Financial Report.
Form Number: 6200/06.
Affected Public: Individuals or
households; business or other for profit;
Insured state nonmember banks and
state savings associations.
Estimated Number of Annual
Respondents: 574.
Estimated Time per Response: 4.5
hours.
Frequency of Response: On occasion.
Estimated Total Annual Burden:
2,583 hours.
General Description of Collection: The
Interagency Biographical and Financial
Report is submitted to the FDIC by: (1)
Each individual director, officer, or
individual or group of shareholders
acting in concert that will own or
control 10 percent or more, of a
proposed or operating depository
institution applying for FDIC deposit
insurance; (2) a person proposing to
acquire control of an insured state
nonmember bank, state savings
association (FDIC-supervised
institution) and certain parent
companies of such entities; (3) each
proposed new director or proposed new
chief executive officer of an FDICsupervised institution which has
undergone a change in control within
the preceding twelve months; and (4)
each proposed new director or senior
executive officer of an FDIC-supervised
institution that is not in compliance
with all minimum capital requirements,
is in troubled condition, or otherwise is
required to provide such notice. The
information collected is used by the
FDIC to evaluate the general character
and financial condition of individuals
who will be involved in the
management or control of financial
institutions, as required by statute. In
order to lessen the burden on
applicants, the FDIC cooperates with the

other federal banking agencies to the
maximum extent possible in processing
the various applications.
Proposed Revisions: The proposed
changes for the Interagency Biographical
and Financial Report include additional
requested items relating to information
that generally was previously requested
as supplemental information subsequent
to the filing of the initial application;
clarification of exact requirements of
certain requests; deletion of certain
requested items that the FDIC no longer
believes are helpful in evaluating the
notice; and other minor changes for
improved grammar, comprehension,
and accurate citations and mailing
addresses. Because a filer may require
some additional time to incorporate
supplemental documentation,
particularly in connection with the
requested description of pending legal
and related matters, the FDIC estimates
that the proposed revisions will result
in an additional half an hour of
reporting burden for each filer.
Accordingly, the estimated time per
response is being increased from 4
hours to 4.5 hours. The proposed
revised ‘‘Interagency Biographical and
Financial Report’’ form and a redlined
version highlighting the proposed
revisions from the currently-approved
form may be reviewed by the public at
https://www.FDIC.gov/regulations/laws/
federal.
2. Title: Interagency Bank Merger Act
Application.
OMB Number: 3064–0015.
Type: Revision of a currently
approved collection.
Form: Interagency Bank Merger Act
Application.
Form Number: 6220/01.
Affected Public: Individuals or
households; business or other for profit.

ESTIMATED BURDEN

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Number of
annual
respondents

Frequency of
response

Total
estimated
annual hours

Hours per
response

Affiliate ..........................................................................................................
Nonaffiliate ....................................................................................................

134
162

On Occasion .....
On Occasion .....

19
31

2,546
5,022

Total .......................................................................................................

296

...........................

........................

7,568

General Description of Collection: The
Interagency Bank Merger Act
Application form is used by the FDIC,
the Board of Governors of the Federal
Reserve System, and the Office of 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

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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). An affiliate
transaction refers to a merger
transaction or other business
combination (including a purchase and

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assumption) between institutions that
are commonly controlled (for example,
between a depository institution and an
affiliated interim institution). There are
different levels of burden for
nonaffiliate and affiliate transactions.
Applicants proposing affiliate
transactions are required to provide less
information than applicants involved in

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Federal Register / Vol. 83, No. 41 / Thursday, March 1, 2018 / Notices
the merger of two unaffiliated entities.
If depository institutions are not
controlled by the same holding
company, the merger transaction is
considered a nonaffiliate transaction.
Proposed Revisions: The proposed
changes to the Interagency Bank Merger
Act Application form include additional
items relating to information that was
previously requested as supplemental
information subsequent to the filing of
the initial application; clarification of
certain requested items related to
biographical and financial information
for principals and to Community
Reinvestment Act-related information;
deletion of the request for cash flow
projections for the parent company;
updated requests to account for
statutory considerations related to the
effect of a transaction on the stability of
the United States financial system,
changes to capital requirements and
accounting rules; and other minor
changes to improve grammar and
readability, provide accurate citations to
authority, and update mailing
addresses. As a result of the revisions
described above, applicants may need to
provide additional financial
information, describe pending litigation
and investigations, and summarize the
effects of a proposed transaction on
financial stability. For this reason, the
FDIC estimates that the proposed
revisions will result in an additional
hour of burden for each applicant.
Accordingly, the estimated times per
response are being increased from 18 to
19 hours for affiliate transactions and 30
to 31 hours for nonaffiliate transactions.
The proposed revised ‘‘Interagency
Bank Merger Act Application’’ form and
a redlined version highlighting the
proposed revisions from the currentlyapproved form may be reviewed by the
public at https://www.FDIC.gov/
regulations/laws/federal.
3. Title: Interagency Notice of Change
in Control.
OMB Number: 3064–0019.
Type: Revision of a currently
approved collection.
Form: Interagency Notice of Change in
Control.
Form Number: 6822/01.
Affected Public: Individuals, insured
state nonmember banks, and insured
state savings associations.
Estimated Number of Annual
Respondents: 25.
Estimated Time per Response: 30.5
hours.
Frequency of Response: On occasion.
Estimated Total Annual Burden: 763
hours.
General Description of Collection:
Section 7(j) of the FDIA (Change in Bank
Control Act of 1978, 12 U.S.C. 1817(j))

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and sections 303.80–88 of the FDIC
Rules and Regulations (12 CFR 303.80 et
seq.) require that any person proposing
to acquire control of an insured
depository institution and certain parent
companies thereof provide 60 days prior
written notice of the proposed
acquisition to the appropriate federal
banking agency. Such written notice
which pertains to the acquisition of
control of an FDIC-supervised
institution and certain parent
companies thereof is filed with the
regional director of the FDIC region in
which the bank is located. The FDIC
reviews the information reported in the
Notice to assess, in part, any
anticompetitive and monopolistic
effects of the proposed acquisition, to
determine if the financial condition of
any acquiring person or the future
prospects of the institution might
jeopardize the financial stability of the
institution or prejudice the interests of
the depositors of the institution, and to
determine whether the competence,
experience, or integrity of any acquiring
person, or of any of the proposed
management personnel, indicates that it
would not be in the interest of the
depositors of the institution, or in the
interest of the public, to permit such
persons to control the bank. The FDIC
must also make an independent
determination of the accuracy and
completeness of all of the information
required to be filed in conjunction with
a Notice.
Proposed Revisions: The proposed
changes for the Interagency Notice of
Change in Control form include
additional requested items relating to
information that generally was
previously requested as supplemental
information subsequent to the filing of
the initial application; clarification of
exact requirements of certain requests;
deletion of certain requested items that
the FDIC no longer believes are helpful
in evaluating the Notice; and other
minor changes for improved grammar,
comprehension, and accurate citations
and mailing addresses. Because certain
applicants may need additional time to
complete the requested breakdowns of
voting and nonvoting securities, and
stock options and warrants that were
previously requested by the agencies
later in the process, and to include a
narrative description of the proposed
transaction, the FDIC estimates that the
proposed revisions would require an
additional half an hour of burden for
each respondent. Accordingly, the
estimated time per response is being
increased from 30 hours to 30.5 hours.
The proposed revised ‘‘Interagency
Notice of Change in Control’’ form and

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a redlined version highlighting the
proposed revisions from the currentlyapproved form may be reviewed by the
public at https://www.FDIC.gov/
regulations/laws/federal.
4. Title: Interagency Notice of Change
in Director or Senior Executive Officer.
OMB Number: 3064–0097.
Type: Revision of a currently
approved collection.
Form: Interagency Notice of Change in
Director or Senior Executive Officer.
Form Number: 6822/02.
Affected Public: Insured state
nonmember banks and state savings
associations.
Estimated Number of Annual
Respondents: 325.
Estimated Time per Response: 2
hours.
Frequency of Response: On occasion.
Estimated Total Annual Burden: 650
hours.
General Description of Collection:
Section 32 of the FDIA (12 U.S.C. 1831i)
requires an insured depository
institution or depository institution
holding company under certain
circumstances to notify the appropriate
federal banking agency of the proposed
addition of any individual to the board
of directors or the employment of any
individual as a senior executive officer
of such institution at least 30 days
before such addition or employment
becomes effective. Section 32 of the
FDIA also provides that the FDIC may
disapprove an individual’s service as a
director or senior executive officer of
certain state nonmember banks or state
savings associations if, upon assessing
the individual’s competence,
experience, character, and integrity, it is
determined that the individual’s service
would not be in the best interest of the
depositors of the institution or the
public. The Interagency Notice of
Change in Director or Senior Executive
Officer, with the information contained
in the Interagency Biographical and
Financial Report (described above) as an
attachment, is used by the FDIC to
collect information relevant to assess
the individual’s competence,
experience, character, and integrity.
Proposed Revisions: The proposed
changes for the Interagency Notice of
Change in Director or Senior Executive
Officer form include clarifications of
existing information requested and
exceptions to the extent they may be
relied upon by applicants; deletion of
certain formerly requested items that are
no longer needed to evaluate the notice;
and other minor changes for improved
grammar, comprehension, and accurate
citations and mailing addresses. The
FDIC believes these revisions will not
change the estimated time per response.

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Federal Register / Vol. 83, No. 41 / Thursday, March 1, 2018 / Notices

The proposed revised Interagency
Notice of Change in Director or Senior
Executive Officer form and a redlined
version highlighting the proposed
revisions from the currently-approved
form may be reviewed by the public at
https://www.FDIC.gov/regulations/laws/
federal.
Dated at Washington, DC, on February 23,
2018.
Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2018–04136 Filed 2–28–18; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL ELECTION COMMISSION
Sunshine Act Meeting
Tuesday, March 6, 2018
at 10:00 a.m.
PLACE: 999 E Street NW, Washington,
DC.
STATUS: This meeting will be closed to
the public.
MATTERS TO BE CONSIDERED: Compliance
matters pursuant to 52 U.S.C. 30109.
Matters concerning participation in
civil actions or proceedings or
arbitration.
*
*
*
*
*
CONTACT PERSON FOR MORE INFORMATION:
Judith Ingram, Press Officer, Telephone:
(202) 694–1220.
TIME AND DATE:

Laura E. Sinram,
Deputy Secretary of the Commission.
[FR Doc. 2018–04258 Filed 2–27–18; 11:15 am]
BILLING CODE 6715–01–P

FEDERAL RESERVE SYSTEM

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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 applications listed below, as well
as other related filings required by the
Board, are available for immediate
inspection at the Federal Reserve Bank
indicated. The applications will also be
available for inspection at the offices of

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the Board of Governors. 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 company, the review also
includes whether the acquisition of the
nonbanking company complies with the
standards in section 4 of the BHC Act
(12 U.S.C. 1843). Unless otherwise
noted, nonbanking activities will be
conducted throughout the United States.
Unless otherwise noted, comments
regarding each of these applications
must be received at the Reserve Bank
indicated or the offices of the Board of
Governors not later than March 23,
2018.
A. Federal Reserve Bank of Dallas
(Robert L. Triplett III, Senior Vice
President) 2200 North Pearl Street,
Dallas, Texas 75201–2272:
1. Charis Holdings, Inc., Dallas,
Texas; to become a bank holding
company by acquiring 100 percent of
Justin State Bank, Justin, Texas.
Board of Governors of the Federal Reserve
System, February 23, 2018.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2018–04109 Filed 2–28–18; 8:45 am]
BILLING CODE P

or the offices of the Board of Governors
not later than March 23, 2018.
A. Federal Reserve Bank of
Minneapolis (Mark A. Rauzi, Vice
President, Assistant Vice President) 90
Hennepin Avenue, Minneapolis,
Minnesota 55480–0291:
1. Mackinac Financial Corporation,
Manistique, Michigan, and its wholly
owned subsidiary, MFNC Acquisition,
LLC, Manistique, Michigan; to acquire
100 percent of the voting shares of First
Federal of Northern Michigan Bancorp,
Inc., Alpena, Michigan, and thereby
indirectly acquire First Federal of
Northern Michigan, Alpena, Michigan,
and thereby engage in operation of a
savings association pursuant to section
225.28(b)(4)(ii) of Regulation Y.
Board of Governors of the Federal Reserve
System, February 23, 2018.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2018–04110 Filed 2–28–18; 8:45 am]
BILLING CODE P

DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Agency for Toxic Substances and
Disease Registry

FEDERAL RESERVE SYSTEM

[60Day–18–0047; Docket No. ATSDR–2018–
0001]

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

Proposed Data Collection Submitted
for Public Comment and
Recommendations

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

AGENCY:

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Agency for Toxic Substances
and Disease Registry (ATSDR),
Department of Health and Human
Services (HHS).
ACTION: Notice with comment period.
The Agency for Toxic
Substances and Disease Registry
(ATSDR), as part of its continuing effort
to reduce public burden and maximize
the utility of government information,
invites the general public and other
Federal agencies the opportunity to
comment on a continuing information
collection, as required by the Paperwork
Reduction Act of 1995. This notice
invites comment on the information
collection project titled ‘‘Generic
Clearance for the Collection of
Qualitative Feedback on Agency Service
Delivery.’’
DATES: ATSDR must receive written
comments on or before April 30, 2018.
ADDRESSES: You may submit comments,
identified by Docket No. ATSDR–2018–
0001 by any of the following methods:
• Federal eRulemaking Portal:
Regulations.gov. Follow the instructions
for submitting comments.
SUMMARY:

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