Federal Register/Vol. 79, No. 78/Wednesday, April 23, 2014
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Federal Register / Vol. 79, No. 78 / Wednesday, April 23, 2014 / Notices 22673 FEDERAL DEPOSIT INSURANCE OMB Number: 3064–0015. ACTION: Notice. CORPORATION Form Number: FDIC 6220/01 Frequency of Response: On occasion. SUMMARY: The Federal Housing Finance Agency Information Collection Affected Public: Insured state Agency (FHFA) is announcing the Activities: Submission for OMB nonmember banks and state savings Federal Home Loan Bank (Bank) Review; Comment Request (3064– associations. members it has selected for the 2014– 0015) Estimated Reporting Burden: 2015 Review Cycle—1st Round under Number of applications submitted by the FHFA’s community support AGENCY: Federal Deposit Insurance FDIC-supervised banks: 241 requirements regulation. This notice Corporation (FDIC). Hours to process an application: × also prescribes the deadline by which ACTION: Notice and request for comment. 23.5 Bank members selected for review must Total estimated annual burden hours: submit Community Support Statements SUMMARY: The FDIC, as part of its 5,664 to FHFA. General Description of Collection: continuing effort to reduce paperwork DATES: Bank members selected for the Section 18(c) of the Federal Deposit and respondent burden, invites the review cycle under the FHFA’s Insurance Act (12 U.S.C. 1828(c)) general public and other Federal community support requirements requires an insured depository agencies to take this opportunity to regulation must submit completed institution that wishes to merge or comment on the renewal of an existing Community Support Statements to consolidate with any other insured information collection, as required by FHFA on or before June 9, 2014. the Paperwork Reduction Act of 1995 depository institution or, either directly ADDRESSES: Bank members selected for (44 U.S.C. chapter 35). On February 13, or indirectly, acquire the assets of, or the 2014–2015 Review Cycle—1st 2014, (79 FR 8714), the FDIC requested assume liability to pay any deposits Round under the FHFA’s community comment for 60 days on a proposal to made in, any other insured depository support requirements regulation must renew the following information institution, to apply for the prior written submit completed Community Support collection: Interagency Bank Merger approval of the responsible agency. The Statements to FHFA either by electronic Application, OMB Number: 3064–0015, FDIC is the responsible agency if the mail at hmgcommunitysupport described below. No comments were acquiring, assuming, or resulting bank is [email protected] or by hard-copy mail received. The FDIC hereby gives notice to be a state nonmember insured bank at the Federal Housing Finance Agency, of its plan to submit to OMB a request or state savings association. Ninth Floor, Division of Housing to approve the renewal of this Request for Comment Mission and Goals (DHMG), 400 collection, and again invites comment Seventh Street SW., Washington, DC on this renewal. Comments are invited on: (a) Whether the collection of information is 20024. DATES: Comments must be submitted on necessary for the proper performance of or before May 23, 2014. FOR FURTHER INFORMATION CONTACT: the FDIC’s functions, including whether Melissa Allen, Senior Program Analyst, ADDRESSES: Interested parties are the information has practical utility; (b) 202–658–9266 or Melissa.Allen@ invited to submit written comments to the accuracy of the estimates of the fhfa.gov, or Rona Richardson, the FDIC by any of the following burden of the information collection, Administrative Office Manager, 202– methods: including the validity of the • 649–3224 or [email protected], http://www.FDIC.gov/regulations/ methodology and assumptions used; (c) Office of Housing and Regulatory laws/federal/notices.html. ways to enhance the quality, utility, and • Policy, Division of Housing Mission and Email: [email protected]. Include clarity of the information to be Goals, Federal Housing Finance Agency, the name of the collection in the subject collected; and (d) ways to minimize the Ninth Floor, 400 Seventh Street SW., line of the message. burden of the information collection on Washington, DC 20024. • Mail: Gary A. Kuiper respondents, including through the use SUPPLEMENTARY INFORMATION: (202.898.3877), Counsel, Room NYA– of automated collection techniques or 5046, Federal Deposit Insurance other forms of information technology. I. Selection for Community Support Corporation, 550 17th Street NW., All comments will become a matter of Review Washington, DC 20429. public record. • Section 10(g)(1) of the Federal Home Hand Delivery: Comments may be Dated at Washington, DC, this 18th day of Loan Bank Act (Bank Act) requires hand-delivered to the guard station at April, 2014. FHFA to promulgate regulations the rear of the 17th Street Building Federal Deposit Insurance Corporation. establishing standards of community (located on F Street), on business days Robert E. Feldman, investment or service Bank members between 7:00 a.m. and 5:00 p.m. Executive Secretary. must meet in order to maintain access All comments should refer to the to long-term advances. See 12 U.S.C. relevant OMB control number. A copy [FR Doc. 2014–09234 Filed 4–22–14; 8:45 am] BILLING CODE 6714–01–P 1430(g)(1). The regulations promulgated of the comments may also be submitted by FHFA must take into account factors to the OMB desk officer for the FDIC: such as the Bank member’s performance Office of Information and Regulatory under the Community Reinvestment Act Affairs, Office of Management and FEDERAL HOUSING FINANCE AGENCY of 1977 (CRA), 12 U.S.C. 2901 et seq., Budget, New Executive Office Building, and record of lending to first-time Washington, DC 20503. [No. 2014–N–04] homebuyers. See 12 U.S.C. 1430(g)(2). FOR FURTHER INFORMATION CONTACT: Gary Pursuant to section 10(g) of the Bank A. Kuiper, at the FDIC address above. Federal Home Loan Bank Members Selected for Community Support Act, FHFA has promulgated a SUPPLEMENTARY INFORMATION: Proposal Review 2014–2015 Review Cycle—1st community support requirements to renew the following currently- Round regulation that establishes standards a approved collection of information: Bank member must meet in order to Title: Interagency Bank Merger AGENCY: Federal Housing Finance maintain access to long-term advances, Application Agency. and review criteria FHFA must apply in VerDate Mar<15>2010 15:37 Apr 22, 2014 Jkt 232001 PO 00000 Frm 00056 Fmt 4703 Sfmt 4703 E:\FR\FM\23APN1.SGM 23APN1 wreier-aviles on DSK5TPTVN1PROD with NOTICES 22674 Federal Register / Vol. 79, No. 78 / Wednesday, April 23, 2014 / Notices evaluating a member’s community FHFA will not review an institution’s Cycle—1st Round community support support performance. See 12 CFR part community support performance until it review that they must complete and 1290. The regulation includes standards has been a Bank member for at least one submit to FHFA by the deadline a and criteria for the two statutory year. Selection for review is not, nor Community Support Statement. 12 CFR factors—CRA performance and record of should it be construed as, any 1290.2(b)(2)(i). The member’s Bank will lending to first-time homebuyers. 12 indication of either the financial provide a blank Community Support CFR 1290.3. Only members subject to condition or the community support Statement Form (OMB No. 2590–0005), the CRA must meet the CRA standard. performance of the member. which also is available on the FHFA’s 12 CFR 1290.3(b). All members, Each Bank member selected for Web site: http://www.fhfa.gov/webfiles/ including those not subject to CRA, review must complete a Community 2924/FHFAForm060.pdf. Upon request, must meet the first-time homebuyer Support Statement and submit it to the member’s Bank also will provide standard. 12 CFR 1290.3(c). FHFA by the June 9, 2014 deadline assistance in completing the Under the rule, FHFA selects prescribed in this notice. 12 CFR Community Support Statement. approximately one-eighth of the 1290.2(b)(1)(ii) and (c). On or before FHFA has selected the following members in each Bank district for May 7, 2014, each Bank will notify the members for the 2014–2015 Review community support review each members in its district that have been Cycle—1st Round community support calendar quarter. 12 CFR 1290.2(a). selected for the 2014–2015 Review review: Federal Home Loan Bank of Boston—District 1 Litchfield Bancorp ................................................................................................. Litchfield ................................................ Connecticut. Milford Bank ......................................................................................................... Milford ................................................... Connecticut. PrimeBank ............................................................................................................ Orange .................................................. Connecticut. National Iron Bank ................................................................................................ Salisbury ............................................... Connecticut. First National Bank of Suffield ............................................................................. Suffield .................................................. Connecticut. Mechanics Savings Bank ..................................................................................... Auburn .................................................. Maine. Franklin-Somerset Federal Credit Union ............................................................