The Federal Register

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Tue, Dec 2 2008 11:00:00 GMT

The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below.

[[Page 73329]]

The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The applications also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also i

Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in

Tue, Dec 2 2008 11:00:00 GMT

The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y (12 CFR Part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in Sec. 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States.

Each notice is available for inspection at the Federal Reserve Bank indicated. The notice also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act. Additional information on all

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Mon, Dec 1 2008 11:00:00 GMT

The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other applicable statutes and regulations to become a bank
[[Page 72800]]
holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below.

Federal Open Market Committee; Domestic Policy Directive of the Conference Calls Held on September 29, 2008, and

Fri, Nov 28 2008 11:00:00 GMT

In accordance with Sec. 271.25 of its rules regarding availability of information (12 CFR part 271), there is set forth below the domestic policy directive issued by the Federal Open Market Committee of the conference calls held on September 29, 2008, and October 7, 2008, and its meeting held on October 28 and 29, 2008.\1\
\1\[thinsp]Copies of the Minutes of the Federal Open Market Committee conference calls held on September 29, 2008, and October 7, 2008, and its meeting held on October 28 and 29, 2008, which includes the domestic policy directive issued at the meeting, are available upon request to the Board of Governors of the Federal Reserve System, Washington, D.C. 20551. The minutes are published in the Federal Reserve Bulletin and in the Board's annual report.

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Fri, Nov 28 2008 11:00:00 GMT

Notice of Proposals To Engage in Permissible Nonbanking Activities or To Acquire Companies That Are Engaged in

Mon, Nov 24 2008 11:00:00 GMT

Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Mon, Nov 24 2008 11:00:00 GMT

The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. [thinsp]225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).

The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the office of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than December 9, 2008.

A. Federal Reserve Bank of Minneapolis (Jacqueline G. King, Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 554800291:

1. John E. Post, Coon Rapids, Minnesota, to acquire control of Community Pride Bank Corporation, Ham Lake, Minnesota, and thereby indirec

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Mon, Nov 24 2008 11:00:00 GMT

Availability of Funds and Collection of Checks

Fri, Nov 21 2008 11:00:00 GMT

The Board of Governors (Board) is amending the routing number guide to nextday availability checks and local checks in Regulation CC to delete the reference to the Des Moines office of the Federal Reserve Bank of Chicago and to reassign the Federal Reserve routing symbols currently listed under that office to the head office of the Federal Reserve Bank of Chicago. These amendments reflect the restructuring of checkprocessing operations within the Federal Reserve System.

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Thu, Nov 20 2008 11:00:00 GMT

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Wed, Nov 19 2008 11:00:00 GMT

Prohibition on Funding of Unlawful Internet Gambling

Tue, Nov 18 2008 11:00:00 GMT

This document is published jointly by the Departmental Offices of the Department of the Treasury (the ``Treasury'') and the Board of Governors of the Federal Reserve System (the ``Board'') (collectively, the ``Agencies'') to adopt a final rule to implement applicable provisions of the Unlawful Internet Gambling Enforcement Act of 2006 (the ``Act''). The final rule sets out definitions for terms used in the regulation; designates payment systems that could be used by participants in connection with, or to facilitate, a restricted transaction; exempts certain participants in certain designated payment systems from the requirement of the regulation; requires the participants performing nonexempt functions in a designated payment system to establish and implement policies and procedures reasonably designed to prevent or prohibit restricted transactions, such as by identifying and blocking such transactions; provides nonexclusive examples of policies and procedures for nonexempt participants in each designated pa

Reserve Requirements of Depository Institutions

Mon, Nov 17 2008 11:00:00 GMT

The Board is revising its interim final rule amending Regulation D, Reserve Requirements of Depository Institutions, to alter the formula by which earnings on required reserve balances and on excess balances of eligible institutions are calculated. The remainder of the interim final rule, including the period during which comments may be submitted, is unchanged from the interim final rule as published on October 9, 2008.

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Mon, Nov 17 2008 11:00:00 GMT

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Fri, Nov 14 2008 11:00:00 GMT

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Fri, Nov 14 2008 11:00:00 GMT

Proposed Agency Information Collection Activities; Comment Request

Thu, Nov 13 2008 11:00:00 GMT

Background

On June 15, 1984, the Office of Management and Budget (OMB) delegated to the Board of Governors of the Federal Reserve System (Board) its approval authority under the Paperwork Reduction Act (PRA), as per 5 CFR 1320.16, to approve of and assign OMB control numbers to collection of information requests and requirements conducted or sponsored by the Board under conditions set forth in 5 CFR 1320 Appendix A.1. Boardapproved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the Paperwork Reduction Act Submission, supporting statements and approved collection of information instruments are placed into OMB's public docket files. The Federal Reserve may not conduct or sponsor, and the respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number.
Request for Commen

Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Thu, Nov 13 2008 11:00:00 GMT

A. Federal Reserve Bank of Minneapolis (Jacqueline G. King, Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 554800291:

1. Claire L. Erickson Irrevocable Trust For The Benefit Of Kristi Erickson Kampmeyer and Descendants, the Claire L. Erickson Irrevocable

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Wed, Nov 12 2008 11:00:00 GMT

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Mon, Nov 10 2008 11:00:00 GMT

Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Fri, Nov 7 2008 11:00:00 GMT

A. Federal Reserve Bank of St. Louis (Glenda Wilson, Community Affairs Officer) P.O. Box 442, St. Louis, Missouri 631662034:

1. First National Bank of Sparta Profit Sharing Plan; David Hauskins; Roger Deterding; and Mary Lou Bauer, each as Trustees of the Plan, together with Da

Formations of, Acquisitions by, and Mergers of Bank Holding Companies; Correction

Fri, Nov 7 2008 11:00:00 GMT

This notice corrects a notice (FR Doc. E825509) published on page 63711 of the issue for Monday, October 27, 2008.

Under the Federal Reserve Bank of Kansas City heading, the entry for Lindoe, Inc., Ordway, Colorado, is revised to read as follows:

A. Federal Reserve Bank of Kansas City (Todd Offenbacker, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 641980001:

1. Lindoe, Inc., Ordway, Colorado, to acquire up to 100 percent of the voting shares of Southern Colorado National Bancorporation, Inc., and thereby indirectly acquire voting shares of Southern Colorado National Bank, both of Pueblo, Colorado.

Comments on this application must be received by November 24, 2008.

Board of Governors of the Federal Reserve System, November 4, 2008.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E826602 Filed 11608; 8:45 am]
BILLING CODE 621001S

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Fri, Nov 7 2008 11:00:00 GMT

Extensions of Credit by Federal Reserve Banks

Thu, Nov 6 2008 11:00:00 GMT

The Board of Governors of the Federal Reserve System (Board) has adopted final amendments to its Regulation A to reflect the Board's approval of a decrease in the primary credit rate at each Federal Reserve Bank. The secondary credit rate at each Reserve Bank automatically decreased by formula as a result of the Board's primary credit rate action.

Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Thu, Nov 6 2008 11:00:00 GMT

A. Federal Reserve Bank of Chicago (Burl Thornton, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 606901414:

1. Carrie A. Zorich, and Daniel P. Stein, both of Muscatine, Iowa; Timothy J. Stein, Madison, Wisconsin, individually and as cotrustees of the Int

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Wed, Nov 5 2008 11:00:00 GMT

Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in

Wed, Nov 5 2008 11:00:00 GMT

The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y (12 CFR Part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in Sec. [thinsp]225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States.

Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Wed, Nov 5 2008 11:00:00 GMT

The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).

A. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice President) 2200 North Pearl Street, Dallas, Texas 752012272:

1. David O. Rogers, Jr. and Dora Rogers of Edinburg, Texas, Saul and Kellye Ortega of Edinburg, Texas, and Arturo and Sonja Ortega of Weslaco, Texas; to acquire voti

Reserve Requirements of Depository Institutions

Tue, Nov 4 2008 11:00:00 GMT

The Board is revising its interim final rule amending Regulation D, Reserve Requirements of Depository Institutions, to alter the formula by which earnings on excess reserves of depository institutions are calculated. The remainder of the interim final rule, including the period during which comments may be submitted, is unchanged from the interim final rule as published on October 9, 2008.

Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Tue, Nov 4 2008 11:00:00 GMT

A. Federal Reserve Bank of Chicago (Burl Thornton, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 606901414:

1. Cummins Inc., Columbus, Indiana, to acquire voting shares of Irwin Financial Corporation, and thereby indirectly acquire voting shares of Irwin

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Tue, Nov 4 2008 11:00:00 GMT

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Tue, Nov 4 2008 11:00:00 GMT

Federal Reserve Bank Services

Mon, Nov 3 2008 11:00:00 GMT

The Board has approved the private sector adjustment factor (PSAF) for 2009 of $62.2 million and the 2009 fee schedules for Federal Reserve priced services and electronic access. These actions were taken in accordance with the requirements of the Monetary Control Act of 1980, which requires that, over the long run, fees for Federal Reserve priced services be established on the basis of all direct and indirect costs, including the PSAF. The Board has also approved maintaining the current earnings credit rate on clearing balances.

Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Wed, Oct 29 2008 11:00:00 GMT

A. Federal Reserve Bank of Minneapolis (Jacqueline G. King, Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 554800291:

1. Norlin G. Boyum, Minneapolis, Minnesota; John B. Boyum, Arlington, Virginia; and Stephanie J. Boyum, New York, New York, as a group a

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Wed, Oct 29 2008 11:00:00 GMT

Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in

Wed, Oct 29 2008 11:00:00 GMT

The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y (12 CFR Part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in Sec. [thinsp]225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States.

Missing Comments Submitted Through the Federal eRulemaking Portal

Tue, Oct 28 2008 11:00:00 GMT

Because of a software problem at the Federal eRulemaking Portal (http://www.regulations.gov), the Board did not receive certain public comments submitted through that portal. This problem affected comments on four of the Board's proposed rules [Docket Nos. R1286; R 1314, R1315; and R1316] that were submitted only through the Federal eRulemaking Portal between
[[Page 63910]]
March 22, 2008, and September 8, 2008. A total of 83 comments on the four proposals were not relayed to the Board. As set forth below, the Board will accept resubmission of those comments that were not received.

Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to

Tue, Oct 28 2008 11:00:00 GMT

Background. Notice is hereby given of the final approval of proposed information collections by the Board of Governors of the Federal Reserve System (Board) under OMB delegated authority, as per 5 CFR 1320.16 (OMB Regulations on Controlling Paperwork Burdens on the Public). Boardapproved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the Paperwork Reduction Act Submission, supporting statements and approved collection of information instrument(s) are placed into OMB's public docket files. The Federal Reserve may not conduct or sponsor, and the respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number.

Capital Adequacy Guidelines: Treatment of Perpetual Preferred Stock Issued to the United States Treasury Under the

Mon, Oct 27 2008 11:00:00 GMT

The Board published an interim final rule with request for public comment in the Federal Register on October 22, 2008 ( 73 FR 62851), providing that bank holding companies that issue new senior perpetual preferred stock to the U.S Department of Treasury under the capital purchase program announced by the Secretary of the Treasury on October 14, 2008, may include such capital instruments in Tier 1 capital for purposes of the Board's riskbased and leverage capital rules and guidelines for bank holding companies. The Public Law was cited incorrectly. This document corrects the citation in footnote 1 of the Supplementary Information and in the interim final regulation by revising these sections.

Formations of, Acquisitions by, and Mergers of Bank Holding Companies; Correction

Mon, Oct 27 2008 11:00:00 GMT

This notice corrects a notice (FR Doc. E824173) published on page 60285 of the issue for Friday, October 10, 2008.

Under the Federal Reserve Bank of Kansas City heading, the entry for Lindoe, Inc., Ordway, Colorado, is revised to read as follows:

A. Federal Reserve Bank of Kansas City (Todd Offenbacker, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 641980001:

1. Lindoe, Inc., Ordway, Colorado, to acquire 51 percent of the voting shares of Southern Colorado National Bancorporation, Inc., and thereby indirectly acquire voting shares of Southern Colorado National Bank, both of Pueblo, Colorado.

Comments on this application must be received by November 6, 2008.

Board of Governors of the Federal Reserve System, October 22, 2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E825509 Filed 102408 8:45 am]
BILLING CODE 621001S

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Mon, Oct 27 2008 11:00:00 GMT

The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The applications also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in
[[Page 63711]]
writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also i

Home Mortgage Disclosure

Fri, Oct 24 2008 11:00:00 GMT

The Board is publishing final rules to amend Regulation C (Home Mortgage Disclosure) to revise the rules for reporting price information on higherpriced loans. The rules are being conformed to the definition of ``higherpriced mortgage loan'' adopted by the Board under Regulation Z (Truth in Lending) in July of 2008. Since 2004, Regulation C has required lenders to collect and report the spread between the annual percentage rate (APR) on a loan and the yield on Treasury securities of comparable maturity if the spread is equal to or greater than 3.0 percentage points for a firstlien loan (or 5.0 percentage points for a subordinatelien loan). Under the final rule, a lender will report the spread between the loan's APR and a surveybased estimate of APRs currently offered on prime mortgage loans of a comparable type if the spread is equal to or greater than 1.5 percentage points for a firstlien loan (or 3.5 percentage points for a subordinatelien loan).

Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Fri, Oct 24 2008 11:00:00 GMT

[[Page 63474]]

A. Federal Reserve Bank of Atlanta (Steve Foley, Vice President) 1000 Peachtree Street, N.E., Atlanta, Georgia 30309:

1. The Harry L. Rankin, Jr. Family, Columbia, Mississippi (members include Elizabeth Barrett Arinder, Elizabeth Carolyn Rankin Arinder, Lannye Olivia Br

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Fri, Oct 24 2008 11:00:00 GMT

Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in

Thu, Oct 23 2008 11:00:00 GMT

The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C.
[[Page 63150]]
1843) (BHC Act) and Regulation Y (12 CFR Part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in Sec. [thinsp]225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States.

Capital Adequacy Guidelines: Treatment of Perpetual Preferred Stock Issued to the United States Treasury Under the

Wed, Oct 22 2008 11:00:00 GMT

In order to support and facilitate the timely implementation and acceptance of the capital purchase program announced by the U.S. Department of Treasury (Treasury) and promote the stability of banking organizations and the financial system, the Board has adopted this interim final rule (interim final rule or rule). The rule specifically permits bank holding companies that issue new senior perpetual preferred stock to the Treasury under the capital purchase program announced by the Secretary of the Treasury on October 14, 2008, to include such capital instruments in Tier 1 capital for purposes of the Board's riskbased and leverage capital rules and guidelines for bank holding companies.

Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Wed, Oct 22 2008 11:00:00 GMT

The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the office of the Board of Governors. Interested persons may express their
[[Page 62995]]
views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than November 4, 2008.

A. Federal Reserve Bank of Chicago (Burl Thornton, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 606901414:

1. Spiro P. Argiris, Burr Ridge, Illinois, as an individual, and as part of a group with Theodore P. Argiris, Cathy Argiris, both of

Sunshine Act Meeting

Tue, Oct 21 2008 11:00:00 GMT

Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Mon, Oct 20 2008 11:00:00 GMT

A. Federal Reserve Bank of St. Louis (Glenda Wilson, Community Affairs Officer) P.O. Box 442, St. Louis, Missouri 631662034: [[Page 62294]]

1. Douglas and Theresa Kelly, Ray E. Cahalan Family Trust with Theresa Kelly and Jacquline Niedergerke as cotrustees, all of Kirksville, Missouri;

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Mon, Oct 20 2008 11:00:00 GMT

Notice of Proposals To Engage in Permissible Nonbanking Activities or To Acquire Companies That Are Engaged in

Mon, Oct 20 2008 11:00:00 GMT

Extensions of Credit by Federal Reserve Banks

Fri, Oct 17 2008 11:00:00 GMT

Notice of Proposals To Engage in Permissible Nonbanking Activities or To Acquire Companies That Are Engaged in

Fri, Oct 17 2008 11:00:00 GMT

The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y (12 CFR Part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in Sec. [thinsp]225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States.

Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Thu, Oct 16 2008 11:00:00 GMT

The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the office of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices
[[Page 61421]]
of the Board of Governors. Comments must be received not later than October 29, 2008.

A. Federal Reserve Bank of San Francisco (Kenneth Binning, Vice President, Applications and Enforcement) 101 Market Street, San Francisco, California 941051579:

1. Fife Commerical Bank 401K ESOP, to acquire voting shares of Puget Sound Financial Services, Inc., an

Federal Open Market Committee; Domestic Policy Directive of September 16, 2008

Thu, Oct 16 2008 11:00:00 GMT

In accordance with Sec. 271.25 of its rules regarding availability of information (12 CFR part 271), there is set forth below the domestic policy directive issued by the Federal Open Market Committee at its meeting held on September 16, 2008.\1\
\1\[thinsp]Copies of the Minutes of the Federal Open Market Committee meeting on September 16, 2008, which includes the domestic policy directive issued at the meeting, are available upon request to the Board of Governors of the Federal Reserve System, Washington, D.C. 20551. The minutes are published in the Federal Reserve Bulletin and in the Board's annual report.

The Federal Open Market Committee seeks monetary and financial conditions that will foster price stability and promote sustainable growth in output. To further its longrun objectives, the Committee in the immediate future seeks conditions in reserve markets consistent with maintaining the federal funds rate at an average of around 2 percent.

By order of the Federal Open Marke

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Thu, Oct 16 2008 11:00:00 GMT

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Thu, Oct 16 2008 11:00:00 GMT

Government in the Sunshine Meeting Notice

Thu, Oct 16 2008 11:00:00 GMT

Agency Holding the Meeting: Board of Governors of the Federal Reserve System.
[[Page 61422]]
Federal Register Citation of Previous Announcement: FR 73, 58592 dated October 7, 2008.
Previously Announced Time and Date of the Meeting: 11:30 a.m., Tuesday, October 14, 2008.
Changes in the Meeting: Meeting has been canceled.
For more information please contact: Michelle Smith, Director, or Dave Skidmore, Assistant to the Board, Office of Board Members at 202452 2955.

Proposed Agency Information Collection Activities; Comment Request

Wed, Oct 15 2008 11:00:00 GMT

Background

Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to

Wed, Oct 15 2008 11:00:00 GMT

Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Wed, Oct 15 2008 11:00:00 GMT

A. Federal Reserve Bank of Kansas City (Todd Offenbacker, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 641980001:

1. Peggy J. Wisdom, M.D., Edmond, Oklahoma, individually and as Personal Representative of the Estate of Grace V. Wisdom, to retain control of Grace In

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Wed, Oct 15 2008 11:00:00 GMT

Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in

Wed, Oct 15 2008 11:00:00 GMT

This notice corrects a notice (FR Doc. E823644) published on pages 58592 and 58593 of the issue for Tuesday, October 7, 2008.

Under the Federal Reserve Bank of Richmond, the entry for Bank of [[Page 61130]]
America Corporation, Charlotte, North Carolina, is revised to read as follows:

A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice President) 701 East Byrd Street, Richmond, Virginia 232614528:

1. Bank of America Corporation, Charlotte, North Carolina, to acquire 100 percent of the voting shares of Merrill Lynch Bank & Trust Co., FSB, New York, New York, and Merrill Lynch Bank USA, Salt Lake City, Utah, and thereby engage in operating a savings association and an industrial bank, pursuant to section 225.28(b)(4) of Regulation Y.

In connection with the above application, Bank of America Corporation, Charlotte, North Carolina, has also applied to acquire up to 19.9 percent of the voting shares of Merrill Lynch & Company, Inc., New York, New York, and thereby engage

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Fri, Oct 10 2008 11:00:00 GMT

Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in

Fri, Oct 10 2008 11:00:00 GMT

Reserve Requirements of Depository Institutions

Thu, Oct 9 2008 11:00:00 GMT

Under authority of section 128 of the Emergency Economic Stabilization Act of 2008, the Board is amending Regulation D, Reserve Requirements of Depository Institutions, to direct Federal Reserve Banks to pay interest on balances held at Reserve Banks to satisfy reserve requirements and on balances held in excess of required reserve balances and clearing balances. The Board is also making associated minor changes to its clearing balance policy and the method for recovering float costs.

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Wed, Oct 8 2008 11:00:00 GMT

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Tue, Oct 7 2008 11:00:00 GMT

Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in

Tue, Oct 7 2008 11:00:00 GMT

Rules of Practice for Hearings

Mon, Oct 6 2008 11:00:00 GMT

The Board of Governors of the Federal Reserve System (the Board) is amending its rules of practice and procedure to adjust the maximum amount, as set by statute, of each civil money penalty (CMP) within its jurisdiction to account for inflation. This action is required under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996.

Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Mon, Oct 6 2008 11:00:00 GMT

A. Federal Reserve Bank of Atlanta (Steve Foley, Vice President) 1000 Peachtree Street, N.E., Atlanta, Georgia 30309:

1. Delmo R. Payne and Wilmuth Payne, both of Hamilton, Alabama, to acquire additional voting shares of Hometown Bancshares, Inc., and thereby indirectly acquire additio

Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in

Mon, Oct 6 2008 11:00:00 GMT