FR1 - 83 FR 36589 (July 30 2018)

FR1 - 83 FR 36589 (July 30 2018).pdf

Resolution Plans Required for Insured Depository Institutions With $50 Billion or More in Total Assets

FR1 - 83 FR 36589 (July 30 2018)

OMB: 3064-0185

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36589

Federal Register / Vol. 83, No. 146 / Monday, July 30, 2018 / Notices
Federal Communications
Commission, 445 Twelfth Street SW,
Washington, DC 20554.
FOR FURTHER INFORMATION CONTACT:
Rolanda F. Smith, 202–418–2054.
SUPPLEMENTARY INFORMATION: The
following applicants filed AM or FM
proposals to change the community of
license: MARION R. WILLIAMS,
WAKE(AM), Fac. ID No. 53057, Channel
1500 kHz, From VALPARAISO, IN, To
HOBART, IN, BP–20180504ABA;
MARSHFIELD BROADCASTING CO.,
INC., WMEX(AM), Fac. ID No. 12789,
Channel 1510 kHz, From BOSTON, MA,
To QUINCY, MA, BP–20180615AAH;
REVIVAL CHRISTIAN MINISTRIES,
INC., WSGG(FM), Fac. ID No. 92857,
Channel 207A, From NORFOLK, CT, To
CANAAN, CT, BPED–20180430AAI;
RIVER RAT RADIO, LLC, NEW(FM),
Fac. ID No. 198736, Channel 269C2,
ADDRESSES:

licensing.fcc.gov/prod/cdbs/pubacc/
prod/cdbs_pa.htm.
Federal Communications Commission.
Nazifa Sawez,
Assistant Chief, Audio Division, Media
Bureau.
[FR Doc. 2018–16152 Filed 7–27–18; 8:45 am]
BILLING CODE 6712–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
Notice to All Interested Parties of
Intent To Terminate Receiverships
Notice is hereby given that the
Federal Deposit Insurance Corporation
(‘‘FDIC’’ or ‘‘Receiver’’), as Receiver for
the institutions listed below, intends to
terminate its receivership for said
institutions.

Fund

Receivership name

City

4637 ..................
10446 ................

First National Bank of Keystone ..........................
Security Exchange Bank ......................................

Keystone ...............................................................
Marietta .................................................................

The liquidation of the assets for each
receivership has been completed. To the
extent permitted by available funds and
in accordance with law, the Receiver
will be making a final dividend
payment to proven creditors. Based
upon the foregoing, the Receiver has
determined that the continued existence
of the receiverships will serve no useful
purpose. Consequently, notice is given
that the receiverships shall be
terminated, to be effective no sooner
than thirty days after the date of this
Notice. If any person wishes to
comment concerning the termination of
any of the receiverships, such comment
must be made in writing, identify the
receivership to which the comment
pertains, and be sent within thirty days
of the date of this Notice to: Federal
Deposit Insurance Corporation, Division
of Resolutions and Receiverships,
Attention: Receivership Oversight
Department 34.6, 1601 Bryan Street,
Dallas, TX 75201. No comments
concerning the termination of the abovementioned receiverships will be
considered which are not sent within
this time frame.
daltland on DSKBBV9HB2PROD with NOTICES

From BAGDAD, AZ, To CIENEGA
SPRINGS, AZ, BMPH–20180530AAZ;
PHARIS BROADCASTING, INC.,
KHGG–FM, Fac. ID No. 12231, Channel
278A, From WALDRON, AR, To
MANSFIELD, AR, BPH–20180619AAZ;
PHARIS BROADCASTING, INC.,
KQBK(FM), Fac. ID No. 71701, Channel
284C2, From BOONEVILLE, AR, To
WALDRON, AR, BPH–20180619ABA;
and BRYAN A. KING, KOTY(FM), Fac.
ID No. 83100, Channel 240C3, From
MERTZON, TX, To CHRISTOVAL, TX,
BPH–20180709AAU.
The full text of these applications is
available for inspection and copying
during normal business hours in the
Commission’s Reference Center, 445
12th Street SW, Washington, DC 20554
or electronically via the Media Bureau’s
Consolidated Data Base System, http://

Dated at Washington, DC, on July 25, 2018.
Federal Deposit Insurance Corporation.
Valerie Best,
Assistant Executive Secretary.
[FR Doc. 2018–16185 Filed 7–27–18; 8:45 am]
BILLING CODE 6714–01–P

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20:33 Jul 27, 2018

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FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request (OMB No.
3064–0185)
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:

The FDIC, pursuant to the
mandatory reporting requirements of the
Paperwork Reduction Act of 1995 (OMB
No. 3064–0185), invites the general
public and other Federal agencies to
take this opportunity to comment on the
renewal of the existing information
collection.

SUMMARY:

Comments must be submitted on
or before September 28, 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.
• Email: [email protected]. Include
the name and number of the collection
in the subject line of the message.
• Mail: Jennifer Jones (202–898–
6768), Counsel, MB–3105, Federal
Deposit Insurance Corporation, 550 17th
Street NW, Washington, DC 20429.
DATES:

PO 00000

Frm 00077

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State

Date of
receiver
appointment

WV
GA

9/1/1999
6/15/2012

• 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 Office of Management and
Budget (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:

Jennifer Jones, Counsel, 202–898–6768,
[email protected], MB–3105, Federal
Deposit Insurance Corporation, 550 17th
Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION:

Proposal to renew the following
currently approved collection of
information:
1. Title: Resolution Plans Required for
Insured Depository Institutions With
$50 Billion or More in Total Assets.
OMB Number: 3064–0185.
Form Number: None.
Affected Public: Large and Highly
Complex Depository Institutions.
Burden Estimate:

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36590

Federal Register / Vol. 83, No. 146 / Monday, July 30, 2018 / Notices
SUMMARY OF ANNUAL BURDEN
Estimated
frequency of
responses

Mandatory .....

4

1

7,200

On Occasion

Reporting ......

Mandatory .....

28

1

6,613

Annual ..........

185,164

Reporting ......

Mandatory .....

9

1

39,843

Annual ..........

358,587

Reporting ......

Mandatory .....

1

2

120

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

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

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

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

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

Obligation to
respond

Contingent Resolution Plan (CIDI Subsidiaries of Regional Bank Holding Companies and CIDI Subsidiaries of U.S. GSIFIs).
Contingent Resolution Plan—Annual Update (CIDI Subsidiaries of Regional Bank Holding Companies) *.
Contingent Resolution Plan—Annual Update (CIDI Subsidiaries of U.S. GSIFIs) *.
Notice of Material Change (CIDI Subsidiaries of Regional Bank Holding Companies and CIDI Subsidiaries of U.S. GSIFIs).

Reporting ......

Total Hourly Burden .................................................

Estimated
time per
response

Total annual
estimated
burden
(hours)

Estimated
number of
respondents

Type of
burden

Frequency of
response

28,800

On Occasion

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

240

572,791

daltland on DSKBBV9HB2PROD with NOTICES

* Because submissions have been required no more frequently than biennially, the burden associated with the Annual Update has been multiplied by 2⁄3 to represent two Annual Update filings over the three-year period contemplated by this notice and renewal.

General Description of Collection:
Section 360.10 of the FDIC’s regulations
(12 CFR 360.10 or the Rule) requires
certain insured depository institutions
(IDIs) to submit a Resolution Plan that
should enable the FDIC, as receiver, to
resolve the institution under Sections 11
and 13 of the Federal Deposit Insurance
Act (FDI Act), 12 U.S.C. 1821 and 1823,
in a manner that ensures that depositors
receive access to their insured deposits
within one business day of the
institution’s failure (two business days
if the failure occurs on a day other than
Friday), maximizes the net present
value return from the sale or disposition
of its assets, and minimizes the amount
of any loss to be realized by the
institution’s creditors. An IDI with $50
billion or more in total assets (i.e., a
covered IDI or CIDI) is required to
submit periodically to the FDIC a
contingent plan for the resolution of
such institution in the event of its
failure.
The Rule established the requirements
for submission and content of a
Resolution Plan, as well as procedures
for review by the FDIC. After the initial
submission, the Rule requires plan
submissions on an annual basis (Annual
Update) unless the FDIC determines to
change the submission date. A CIDI
must notify the FDIC of any event,
occurrence, change in conditions or
circumstances or other change which
results in, or reasonably could be
foreseen to have, a material effect on the
CIDI’s resolution plan.
The Rule is intended to address the
continuing exposure of the banking
industry to the risks of insolvency of
large and complex IDIs that can be
mitigated with proper resolution
planning. The Interim Final Rule, which
preceded the Rule, became effective
January 1, 2012, and remained in effect
until it was superseded by the Rule on
April 1, 2012.

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The annual burden for this
information collection is estimated to be
572,791 hours. This represents an
increase of 281,305 hours from the
current burden estimate of 291,486
hours. This increase is not due to any
new requirements imposed by the FDIC.
Rather, it is due to FDIC’s reassessment
of the burden hours associated with
responding to the existing requirements
of the Rule and to guidance, feedback,
and additional requests for information
by the FDIC as part of the iterative
resolution planning process. The
revised estimates are informed by
feedback received from the CIDIs over
the past year. Because submissions have
been required no more frequently than
biennially, the burden associated with
the Annual Update has been multiplied
by 2⁄3 to represent two Annual Update
filings over the three-year period
contemplated by this notice and
renewal.
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
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.

PO 00000

Dated at Washington, DC, on July 25, 2018.

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Federal Deposit Insurance Corporation.
Valerie Best,
Assistant Executive Secretary.
[FR Doc. 2018–16186 Filed 7–27–18; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL ELECTION COMMISSION
Sunshine Act Meeting
FEDERAL REGISTER CITATION NOTICE OF
PREVIOUS ANNOUNCEMENT: 83 FR 35476
PREVIOUSLY ANNOUNCED TIME AND DATE OF
THE MEETING: Tuesday, July 31, 2018 at

10:00 a.m.
CHANGES IN THE MEETING:

This meeting will also discuss:
Matters concerning participation in
civil actions or proceedings or
arbitration.
*
*
*
*
*
CONTACT PERSON FOR MORE INFORMATION:

Judith Ingram, Press Officer, Telephone:
(202) 694–1220.
Laura E. Sinram,
Deputy Secretary of the Commission.
[FR Doc. 2018–16325 Filed 7–26–18; 11:15 am]
BILLING CODE 6715–01–P

FEDERAL ELECTION COMMISSION
Sunshine Act Meeting
Thursday, August 2,
2018 at 10:00 a.m.
PLACE: 1050 First Street NE,
Washington, DC (12th Floor).
STATUS: This meeting will be open to the
public.
MATTERS TO BE CONSIDERED:
Correction and Approval of Minutes for
June 28, 2018
Draft Advisory Opinion 2018–08: Issa
Draft Advisory Opinion 2018–10:
United Utah Party Candidate
Committee
TIME AND DATE:

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