Federal Register / Vol. 61, No. 215 / Tuesday, November 5, 1996 / Notices
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Federal Register / Vol. 61, No. 215 / Tuesday, November 5, 1996 / Notices 56961 the Federal Reserve System, 20th and C Formations of, Acquisitions by, and indirectly acquire Merchants & Farmers Streets, N.W., Washington, D.C. 20551. Mergers of Bank Holding Companies Bank, Donalsonville, Georgia. SUPPLEMENTARY INFORMATION: 2. First Georgia Community Corp., Proposal to extend, without revision, The companies listed in this notice Jackson, Georgia; to become a bank have applied to the Board for approval, the following currently approved holding company by acquiring 100 pursuant to the Bank Holding Company collection of information: percent of the voting shares of First Act of 1956 (12 U.S.C. 1841 et seq.) Title: Country Exposure Report for U.S. Georgia Community Bank, Jackson, (BHC Act), Regulation Y (12 CFR Part Branches and Agencies of Foreign Banks Georgia, in organization. Form Number: FFIEC 019 225), and all other applicable statutes OMB Number: 7100-0213. and regulations to become a bank Board of Governors of the Federal Reserve Frequency of Response: Quarterly. holding company and/or to acquire the System, October 30, 1996. Affected Public: U.S. branches and assets or the ownership of, control of, or Jennifer J. Johnson, agencies of foreign banks. the power to vote shares of a bank or Deputy Secretary of the Board. Estimated Number of Respondents: 329 bank holding company and all of the [FR Doc. 96±28295 Filed 11-4-96; 8:45 am] Estimated Time per Response: 10 banks and nonbanking companies BILLING CODE 6210-01-F burden hours. owned by the bank holding company, Estimated Total Annual Burden: 13,160 including the companies listed below. burden hours. The applications listed below, as well Notice of Proposals to Engage in General Description of Report: This as other related filings required by the Permissible Nonbanking Activities or information collection is mandatory: 12 Board, are available for immediate to Acquire Companies that are U.S.C. 3105 and 3108 for the Board of inspection at the Federal Reserve Bank Engaged in Permissible Nonbanking Governors of the Federal Reserve indicated. Once the application has Activities System; sections 7 and 10 of the Federal been accepted for processing, it will also Deposit Insurance Act (12 U.S.C. 1817, be available for inspection at the offices The companies listed in this notice 1820) for the Federal Deposit Insurance of the Board of Governors. Interested have given notice under section 4 of the Corporation; and the National Bank Act persons may express their views in Bank Holding Company Act (12 U.S.C. (12 U.S.C. 161) for the Office of the writing on the standards enumerated in 1843) (BHC Act) and Regulation Comptroller of the Currency). This the BHC Act (12 U.S.C. 1842(c)). If the Y, (12 CFR Part 225) to engage de novo, information collection is given proposal also involves the acquisition of or to acquire or control voting securities confidential treatment (5 U.S.C. a nonbanking company, the review also or assets of a company that engages 552(b)(8)). Small businesses (that is, includes whether the acquisition of the either directly or through a subsidiary or small U.S. branches and agencies of nonbanking company complies with the other company, in a nonbanking activity foreign banks) are affected. standards in section 4 of the BHC Act, that is listed in § 225.25 of Regulation Abstract: All individual U.S. branches including whether the acquisition of the Y (12 CFR 225.25) or that the Board has and agencies of foreign banks that have nonbanking company can ``reasonably determined by Order to be closely more than $30 million in direct claims be expected to produce benefits to the related to banking and permissible for on residents of foreign countries must public, such as greater convenience, bank holding companies. Unless file the FFIEC 019 report quarterly. increased competition, or gains in otherwise noted, these activities will be Currently, all respondents report efficiency, that outweigh possible conducted throughout the United States. adjusted exposure amounts to the five adverse effects, such as undue Each notice is available for inspection largest countries having at least $20 concentration of resources, decreased or at the Federal Reserve Bank indicated. million in total adjusted exposure. The unfair competition, conflicts of Once the notice has been accepted for Agencies collect this data to monitor the interests, or unsound banking practices'' processing, it will also be available for extent to which such branches and (12 U.S.C. 1843). Any request for inspection at the offices of the Board of agencies are pursuing prudent country a hearing must be accompanied by a Governors. Interested persons may risk diversification policies and limiting statement of the reasons a written express their views in writing on the potential liquidity pressures. No presentation would not suffice in lieu of question whether the proposal complies revisions are proposed to this a hearing, identifying specifically any with the standards of section 4 of the information collection. questions of fact that are in dispute, BHC Act, including whether REQUEST FOR COMMENT summarizing the evidence that would consummation of the proposal can Comments submitted in response to be presented at a hearing, and indicating ``reasonably be expected to produce this Notice will be summarized or how the party commenting would be benefits to the public, such as greater included in the agencies' requests for aggrieved by approval of the proposal. convenience, increased competition, or OMB approval. All comments will Unless otherwise noted, nonbanking gains in efficiency, that outweigh become a matter of public record. activities will be conducted throughout possible adverse effects, such as undue Written comments should address the the United States. concentration of resources, decreased or accuracy of the burden estimates and Unless otherwise noted, comments unfair competition, conflicts of ways to minimize burden including the regarding each of these applications interests, or unsound banking practices'' use of automated collection techniques must be received at the Reserve Bank (12 U.S.C. 1843). Any request for a or the use of other forms of information indicated or the offices of the Board of hearing on this question must be technology as well as other relevant Governors not later than November 29, accompanied by a statement of the aspects of the information collection 1996. reasons a written presentation would request. A. Federal Reserve Bank of Atlanta not suffice in lieu of a hearing, Board of Governors of the Federal Reserve (Zane R. Kelley, Vice President) 104 identifying specifically any questions of System, October 30, 1996. Marietta Street, N.W., Atlanta, Georgia fact that are in dispute, summarizing the William W. Wiles, 30303: evidence that would be presented at a Secretary of the Board. 1. ABC Bancorp, Moultrie, Georgia; to hearing, and indicating how the party [FR Doc. 96±28358 Filed 11±4±96; 8:45AM] merge with M&F Financial Corporation, commenting would be aggrieved by Billing Code 6210±01±F Donalsonville, Georgia, and thereby approval of the proposal. 56962 Federal Register / Vol. 61, No. 215 / Tuesday, November 5, 1996 / Notices Unless otherwise noted, comments Sunshine Act Meeting data standards community, the health quality regarding the applications must be assurance community, the public health and received at the Reserve Bank indicated AGENCY HOLDING THE MEETING: Board of research communities, State and local or the offices of the Board of Governors Governors of the Federal Reserve governments and other interested and System. affected parties are scheduled to describe not later than November 19, 1996. their perspectives on health data standards. A. Federal Reserve Bank of New TIME AND DATE: 12:00 noon, Tuesday, The Committee also will discuss its priorities York (Christopher J. McCurdy, Senior November 12, 1996. and work plans. Vice President) 33 Liberty Street, New PLACE: Marriner S. Eccles Federal Notice: In the interest of security, the York, New York 10045: Reserve Board Building, C Street Department has instituted stringent 1. The Royal Bank of Canada, entrance between 20th and 21st Streets, procedures for entrance to the Hubert H. Montreal, Canada; to engage de novo Humphrey building by non-government N.W., Washington, D.C. 20551. employees. Thus, persons without a through an unnamed wholly-owned STATUS: Closed. government identification card should plan subsidiary, in the activity of making and MATTERS TO BE CONSIDERED: to arrive at the building each day either servicing loans or other extensions of between 8:30 and 9:00 a.m. or 12:30 and 1:00 credit, pursuant to § 225.25(b)(1) of the 1. Personnel actions (appointments, p.m. so they can be escorted to the meeting. Board's Regulation Y. promotions, assignments, reassignments, and Entrance to the meeting at other times during salary actions) involving individual Federal 2. Unidanmark A/S and Unibank A/ the day cannot be assured. Reserve System employees. Contact Person for More Information: S, both of Copenhagen, Denmark 2. Any items carried forward from a (collectively, Notificants); to retain 100 Substantive program information as well as previously announced meeting. summaries of the meeting and a roster of percent of the voting interests in Aros CONTACT PERSON FOR MORE INFORMATION: committee members may be obtained from Securities, Inc., New York, New York Mr. Joseph R. Coyne, Assistant to the James Scanlon, NCVHS, Executive Staff (Aros), and thereby engage in providing Board; (202) 452±3204. You may call Director, Office of the Assistant Secretary for investment and financial advisory Planning and Evaluation, DHHS, Room 440± (202) 452±3207, beginning at services; providing discount and full- D. Humphrey Building, 200 Independence approximately 5 p.m. two business days service brokerage services; buying and Avenue S.W., Washington, D.C.