FR2 - 84 FR 715 (Jan 31 2019)

FR2 - 84 FR 715 (Jan 31 2019).pdf

Activities and Investments of Insured State Banks

FR2 - 84 FR 715 (Jan 31 2019)

OMB: 3064-0111

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Federal Register / Vol. 84, No. 21 / Thursday, January 31, 2019 / Notices
NOTICE OF INTENT TO TERMINATE RECEIVERSHIPS—Continued
Fund

Receivership name

City

10214 ...................................................

Innovative Bank ..................................

Oakland ...............................................

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 above-mentioned
receiverships will be considered which
are not sent within this time frame.
Dated at Washington, DC, on January 28,
2019.
Federal Deposit Insurance Corporation.
Valerie Best,
Assistant Executive Secretary.
[FR Doc. 2019–00518 Filed 1–30–19; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
[OMB No. 3064–0111]

Agency Information Collection
Activities: Submission for OMB
Review; Comment Request
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:

The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995, invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of the existing
information collection described below
(3064–0111). On November 2, 2018, the
FDIC requested comment for 60 days on
a proposal to renew the information
collection described below. No
comments were received. The FDIC
hereby gives notice of its plan to submit
to OMB a request to approve the
renewal of this collection, and again
invites comment on this renewal.
DATES: Comments must be submitted on
or before March 4, 2019.
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
SUMMARY:

State
CA

Date of
appointment of
receiver
04/16/2010

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. 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: On
November 2, 2018, the FDIC requested
comment for 60 days on a proposal to
renew the information collection
described below. No comments were
received. The FDIC hereby gives notice
of its plan to submit to OMB a request
to approve the renewal of this
collection, and again invites comment
on this renewal.
Proposal to renew the following
currently approved collection of
information:
1. Title: Activities and Investments of
Insured State Banks.
OMB Number: 3064–0111.
Form Number: None.
Affected Public: Insured state
nonmember banks and insured state
savings associations.
Burden Estimate:

SUMMARY OF ANNUAL BURDEN
Information
Collection (IC)
description
Activities and Investments
of Insured State Banks.
amozie on DSK3GDR082PROD with NOTICES1

Total Hourly Burden ...

Estimated
number of
responses

Estimated
time per
response

Obligation
to respond

Reporting .....

Mandatory ....

23

1

8.00

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

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

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

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

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

General Description of Collection:
Section 24 of the Federal Deposit
Insurance (FDI Act), 12 U.S.C. 1831a,
limits investments and other activities
in which state banks may engage, as

VerDate Sep<11>2014

Estimated
number of
respondents

Type of
burden

20:21 Jan 30, 2019

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principal, to those permissible for
national banks and those approved by
the FDIC under procedures set forth in
part 362 of the FDIC’s Rules and
Regulations, 12 CFR part 362. With

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Frequency
of response

Total annual
estimated
burden
hours

On Occasion

184.00

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

184.00

certain exceptions, section 24 of the FDI
Act limits the activities and investments
of state banks to those activities and
investments that are permissible for
national banks. In addition, the statute

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Federal Register / Vol. 84, No. 21 / Thursday, January 31, 2019 / Notices

amozie on DSK3GDR082PROD with NOTICES1

prohibits a state bank from directly
engaging, as a principal, in any activity
or investment that is not permissible for
a national bank, or indirectly through a
subsidiary in an activity or investment
that is not permissible for a subsidiary
of a national bank, unless such bank
meets its minimum capital requirements
and the FDIC determines that the
activity or investment does not pose a
significant risk to the Deposit Insurance
Fund (DIF). The FDIC can make such a
determination for exception by
regulation or by order. Section 28(a), 12
U.S.C. 1831e, similarly limits the
investments and activities of state
savings associations and their service
corporations to those permitted by
federal savings associations and their
service corporations, absent FDIC
approval. Part 362 details the activities
that state banks or their subsidiaries
may engage in, under certain criteria
and conditions and identifies the
information that state banks must
furnish to the FDIC in order to obtain
the FDIC’s approval or non-objection.
Part 362 also applies to the activities
and investments of state savings
associations and their subsidiaries.
There is no change in the method or
substance of the collection. The overall
reduction in burden hours is the result
of economic fluctuation. In particular,
the number of respondents has
decreased while the hours per response
and frequency of responses have
remained the same.
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.
Dated at Washington, DC, on January 28,
2019.
Federal Deposit Insurance Corporation.
Valerie Best,
Assistant Executive Secretary.
[FR Doc. 2019–00559 Filed 1–30–19; 8:45 am]
BILLING CODE 6714–01–P

VerDate Sep<11>2014

20:21 Jan 30, 2019

Jkt 247001

FEDERAL DEPOSIT INSURANCE
CORPORATION
Designated Reserve Ratio for 2019
Federal Deposit Insurance
Corporation.

AGENCY:

CONTACT PERSON FOR MORE INFORMATION:

Judith Ingram, Press Officer, Telephone:
(202) 694–1220.
Laura E. Sinram,
Deputy Secretary of the Commission.
[FR Doc. 2019–00705 Filed 1–29–19; 4:15 pm]

ACTION:

Notice of Designated Reserve
Ratio for 2019.

BILLING CODE 6715–01–P

Pursuant to the Federal Deposit
Insurance Act, the Board of Directors of
the Federal Deposit Insurance
Corporation designates that the
Designated Reserve Ratio (DRR) for the
Deposit Insurance Fund shall remain at
2 percent for 2019.1 The Board is
publishing this notice as required by
section 7(b)(3)(A)(i) of the Federal
Deposit Insurance Act (12 U.S.C.
1817(b)(3)(A)(i)).

FEDERAL RESERVE SYSTEM

FOR FURTHER INFORMATION CONTACT:

Ashley Mihalik, Chief, Banking and
Regulatory Policy Section, Division of
Insurance and Research, (202) 898–
3793, [email protected]; Robert Grohal,
Chief, Fund Analysis and Pricing
Section, Division of Insurance and
Research, (202) 898–6939, rgrohal@
fdic.gov; or Nefretete Smith, Counsel,
Legal Division, (202) 898–6851,
[email protected].
Dated at Washington, DC, on December 18,
2018.
By order of the Board of Directors.
Federal Deposit Insurance Corporation.
Valerie Best,
Assistant Executive Secretary.
[FR Doc. 2019–00427 Filed 1–30–19; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL ELECTION COMMISSION
Sunshine Act Meeting
Tuesday, February 5,
2019 at 10:00 a.m. and its Continuation
at the Conclusion of the Open Meeting
on February 7, 2019.

TIME AND DATE:

1050 First Street NE,
Washington, DC.

PLACE:

This meeting will be closed to
the public.

STATUS:

MATTERS TO BE CONSIDERED Compliance
matters pursuant to 52 U.S.C. 30109.
Matters concerning participation in
civil actions or proceedings or
arbitration.
*
*
*
*
*
1 Section 327.4(g) of the FDIC’s regulations sets
forth the DRR. There is no need to amend this
provision because the DRR for 2019 is the same as
the current DRR.

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Proposed Agency Information
Collection Activities; Comment
Request
Board of Governors of the
Federal Reserve System.
ACTION: Notice, request for comment.
AGENCY:

The Board of Governors of the
Federal Reserve System (Board) invites
comment on a proposal to extend for
three years, without revision, the
Registration of a Securities Holding
Company (FR 2082; OMB No. 7100–
0347).

SUMMARY:

Comments must be submitted on
or before April 1, 2019.
ADDRESSES: You may submit comments,
identified by FR 2082, by any of the
following methods:
• Agency Website: http://
www.federalreserve.gov. Follow the
instructions for submitting comments at
https://www.federalreserve.gov/apps/
foia/proposedregs.aspx.
• Email: regs.comments@
federalreserve.gov. Include OMB
number in the subject line of the
message.
• Fax: (202) 452–3819 or (202) 452–
3102.
• Mail: Ann E. Misback, Secretary,
Board of Governors of the Federal
Reserve System, 20th Street and
Constitution Avenue NW, Washington,
DC 20551.
All public comments are available
from the Board’s website at https://
www.federalreserve.gov/apps/foia/
proposedregs.aspx as submitted, unless
modified for technical reasons or to
remove sensitive PII (personally
identifiable information) at the
commenter’s request. Public comments
may also be viewed electronically or in
paper form in Room 3515, 1801 K Street
NW (between 18th and 19th Streets
NW), Washington, DC 20006 between
9:00 a.m. and 5:00 p.m. on weekdays.
For security reasons, the Board requires
that visitors make an appointment to
inspect comments. You may do so by
calling (202) 452–3684. Upon arrival,
visitors will be required to present valid
government-issued photo identification
and to submit to security screening in
DATES:

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