Federal Register / Vol. 74, No. 188 / Wednesday, September 30, 2009 / Notices 50209 

facets of the AHP information collection 

is 76,214 hours. 

1. AHP Applications 

The FHFA estimates a total annual 

average of 2,050 applications for AHP 

funding, with 1 response per applicant, 

and a 24 hour average processing time 

for each application. The estimate for 

the total annual hour burden for AHP 

applications is 49,200 hours (2,050 

applicants × 1 application × 24 hours). 

2. AHP Modification Requests 

The FHFA estimates a total annual 

average of 150 modification requests, 

with 1 response per requestor, and a 2.5 

hour average processing time for each 

request. The estimate for the total 

annual hour burden for AHP 

modification requests is 375 hours (150 

requestors × 1 request × 2.5 hours). 

3. AHP Monitoring Agreements 

The FHFA estimates a total annual 

average of 825 AHP monitoring 

agreements, with 1 agreement per 

respondent. The estimate for the average 

hours to implement each AHP 

monitoring agreement and prepare and 

review required reports and 

certifications is 4.75 hours. The estimate 

for the total annual hour burden for 

AHP monitoring agreements is 3,919 

hours (825 respondents × 1 agreement × 

4.75 hours). 

4. AHP Recapture Agreements 

The FHFA estimates a total annual 

average of 360 AHP recapture 

agreements, with 1 agreement per 

respondent. The estimate for the average 

hours to prepare and implement an AHP 

recapture agreement is 2 hours. The 

estimate for the total annual hour 

burden for AHP recapture agreements is 

720 hours (360 respondents × 1 

agreement × 2 hours). 

5. Homeownership Set-Aside Program 

Applications 

The FHFA estimates a total annual 

average of 10,000 homeownership setaside program applications, with 1 

application per respondent, and a 2 

hour average processing time for each 

application. The estimate for the total 

annual hour burden for homeownership 

set-aside program applications is 20,000 

hours (10,000 respondents × 1 

application × 2 hours). 

6. Verification of Statutory and 

Regulatory Compliance Submissions 

The FHFA estimates a total annual 

average of 2,000 submissions to verify 

compliance with statutory and 

regulatory requirements with 1 

submission per respondent. The 

estimate for the average hours to review 

database records for completeness and 

accuracy prior to submission and 

validation is 1 hour. The estimate for 

the total annual hour burden for 

verification of compliance submissions 

is 2,000 hours (2,000 respondents × 1 

submission × 1 hour). 

7. Bank Advisory Council Reports and 

Recommendations on AHP 

Implementation Plan 

Member and applicant respondents 

incur no costs because the Bank 

Advisory Councils prepare and the 

Banks and FHFA review Advisory 

Council reports and recommendations. 

D. Comment Request 

Written comments are requested on: 

(1) Whether the collection of 

information is necessary for the proper 

performance of FHFA functions, 

including whether the information has 

practical utility; (2) The accuracy of the 

FHFA’s estimates of the burdens of the 

collection of information; (3) Ways to 

enhance the quality, utility and clarity 

of the information collected; and (4) 

Ways to minimize the burden of the 

collection of information on applicants 

and housing associates, including 

through the use of automated collection 

techniques or other forms of information 

technology. Comments may be 

submitted in writing at the address 

listed above. 

Dated: September 24, 2009. 

Edward J. DeMarco, 

Acting Director, Federal Housing Finance 

Agency. 

[FR Doc. E9–23575 Filed 9–29–09; 8:45 am] 

BILLING CODE 8070–01–P 

FEDERAL RESERVE SYSTEM 

Formations of, Acquisitions by, and 

Mergers of Bank Holding Companies 

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. 

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 

includes whether the acquisition of the 

nonbanking company complies with the 

standards in section 4 of the BHC Act 

(12 U.S.C. 1843). Unless otherwise 

noted, nonbanking activities will be 

conducted throughout the United States. 

Additional information on all bank 

holding companies may be obtained 

from the National Information Center 

website at www.ffiec.gov/nic/. 

Unless otherwise noted, comments 

regarding each of these applications 

must be received at the Reserve Bank 

indicated or the offices of the Board of 

Governors not later than October 26, 

2009. 

A. Federal Reserve Bank of 

Richmond (A. Linwood Gill, III, Vice 

President) 701 East Byrd Street, 

Richmond, Virginia 23261–4528: 

1. CapGen Capital Group LLC, and 

CapGen Capital Group LP, both of New 

York, New York; to acquire an 

additional 14.4 percent, for a total of 

36.2 percent, of the voting shares of The 

BANKshares, Inc., and thereby 

indirectly acquire additional voting 

shares of BankFIRST, both of Winter 

Park, Florida. 

B. Federal Reserve Bank of Chicago 

(Colette A. Fried, Assistant Vice 

President) 230 South LaSalle Street, 

Chicago, Illinois 60690–1414: 

1. Iowa Credit Union League, Clive, 

Iowa; to become a bank holding 

company by acquiring 100 percent of 

the voting shares of Affiliates 

Management Company, Clive, Iowa, and 

thereby indirectly acquire CreditCard 

National Bank, Tucson, Arizona. 

2. Affiliates Management Company, 

Clive, Iowa; to become a bank holding 

company by acquiring 100 percent of 

the voting shares of CrediCard National 

Bank, Tucson, Arizona. 

Board of Governors of the Federal Reserve 

System, September 25, 2009. 

Robert deV. Frierson, 

Deputy Secretary of the Board. 

[FR Doc. E9–23561 Filed 9–29–09; 8:45 am] 

BILLING CODE 6210–01–S 

FEDERAL RESERVE SYSTEM 

Sunshine Act Meeting 

AGENCY HOLDING THE MEETING: Board of 

Governors of the Federal Reserve 

System. 

TIME AND DATE: 11:00 a.m., Tuesday, 

September 29, 2009. The business of the 


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