The Federal Register

FEDERAL RESERVE SYSTEM

Fri, Dec 29 2006 11:00:00 GMT

The OCC, the Board, and the FDIC (collectively, the ``agencies'') are publishing this joint final rule to reinsert a provision that was inadvertently deleted when the agencies revised their Community Reinvestment Act (CRA) regulations in August 2005. This change is technical only and does not make any substantive revisions. The agencies are also amending their CRA regulations to increase the assetsize threshold to be used to define ``small bank'' and ``intermediate small bank.'' The regulation is amended to state the increase in the threshold amount based on the annual percentage change in the Consumer Price Index.

Renegotiation Board Interest Rate; Prompt Interest Rate; Contract Disputes Act

Fri, Dec 29 2006 11:00:00 GMT

For the period beginning January 1, 2007, and ending on June 30, 2007, the prompt payment interest rate is 5\1/4\ per centum per annum.

Additional Designation of Entities Pursuant to Executive Order 12978

Fri, Dec 29 2006 11:00:00 GMT

The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the names of seventeen newlydesignated persons whose property and interests in property are blocked pursuant to Executive Order 12978 of October 21, 1995, ``Blocking Assets and Prohibiting Transactions with Significant Narcotics Traffickers.'' In addition, OFAC is publishing changes to the identifying information associated with nine persons previously designated pursuant to Executive Order 12978.

Reporting Rules for Widely Held Fixed Investment Trusts

Fri, Dec 29 2006 11:00:00 GMT

This document contains final regulations amending Sec. 1.671- 5 which provides reporting rules for widely held fixed investment trusts (WHFITs). These final regulations clarify and simplify reporting for trustees and middlemen of nonmortgage widely held fixed investment trusts (NMWHFITs). These final regulations also provide temporary safe harbor reporting rules for widely held mortgage trusts (WHMTs) that are outside the WHMT safe harbor. The preamble to these regulations also provides that trustees of WHFITs are to indicate on the Form 1041, ``U.S. Income Tax Return for Estates and Trusts,'' filed for a WHFIT's 2006 calendar year that the return is a final return.

Westfield Bank, Westfield Mutual Holding Company, Westfield Financial, Inc., and New Westfield Financial, Inc.,

Fri, Dec 29 2006 11:00:00 GMT

Notice is hereby given that on November 8, 2006, the Assistant Managing Director, Examinations and SupervisionOperations, Office of Thrift Supervision (OTS), or her designee, acting pursuant to delegated authority, approved the application of Westfield Mutual Holding Company and Westfield Bank, Westfield, Massachusetts, to convert to the stock form of organization. Copies of the application are available for inspection by appointment (phone number: 2029065922 or email:
Public.Info@OTS.Treas.gov) at the Public Reading Room, 1700 G Street, NW., Washington, DC 20552, and OTS Northeast Regional Office, Harborside Financial Center Plaza Five, Suite 1600, Jersey City, NJ 07311.

Dated: December 22, 2006.

By the Office of Thrift Supervision.
Sandra E. Evans
Legal Information Assistant.
[FR Doc. 069915 Filed 122806; 8:45 am]
BILLING CODE 672001M