15694 Federal Register / Vol. 72, No. 62 / Monday, April 2, 2007 / Notices 

3106(a); and sections 225.83 and 225.93 

of Regulation Y, 12 CFR 225.83 and 

225.93. 

The FR 4017 is required to obtain a 

benefit and is authorized under Section 

9 of the Federal Reserve Act, 12 U.S.C. 

§ 335; and section 208.76 of Regulation 

H, 12 CFR 208.76. 

The FR 4019 is required to obtain a 

benefit and is authorized under Section 

4(k)(7) of the BHC Act, 12 U.S.C. §

1843(k)(7); and sections 225.171(e)(3), 

225.172(b)(4), and 225.173(c)(2) of 

Regulation Y, 12 CFR 225.171(e)(3), 

225.172(b)(4), and 225.173(c)(2). 

The FR 4023 is mandatory and is 

authorized under Section 4(k)(7) of the 

BHC Act, 12 U.S.C. § 1843(k)(7); and 

sections 225.171(e)(4) and 225.175 of 

Regulation Y, 12 CFR 225.171(e)(4) and 

225.175. 

For the FR 4010, FR 4011, FR 4017, 

and FR 4019, a company may request 

confidential treatment of the 

information contained in these 

information collections pursuant to 

section (b)(4) and (b)(6) of the Freedom 

of Information Act (FOIA)(5 U.S.C. 552 

(b)(4) and (b)(6)). Since the Federal 

Reserve does not collect the FR 4023, no 

issue of confidentiality under the FOIA 

arises. FOIA will only be implicated if 

the Board’s examiners retained a copy of 

the records in their examination or 

supervision of the institution, and 

would likely be exempt from disclosure 

pursuant to FOIA (5 U.S.C. § 552(b)(4), 

(b)(6), and (b)(8)). 

Abstract: Each BHC or FBO seeking 

FHC status must file the FR 4010 

declaration, which includes information 

needed to verify eligibility for FHC 

status. By filing the FR 4011, a requestor 

may ask the Board to determine that an 

activity is financial in nature, to issue 

an advisory opinion that an activity is 

within the scope of an activity 

previously determined to be financial in 

nature, or to approve engagement in an 

activity complementary to a financial 

activity. Any FHC ceasing to meet 

capital or managerial prerequisites for 

FHC status must notify the Board by 

filing the FR 4012 of the deficiency, and 

often must submit plans to the Board to 

cure the deficiency. Any state member 

bank seeking to establish a financial 

subsidiary must seek the Board’s prior 

approval by submitting the FR 4017. 

Any FHC seeking to extend the 10–year 

holding period for a merchant banking 

investment must submit the FR 4019 to 

apply for the Board’s prior approval, 

and a FHC also must notify the Board 

if it routinely manages or operates a 

portfolio company for more than nine 

months. All FHCs engaging in merchant 

banking activities must keep records of 

those activities, and make them 

available to examiners as specified in 

the FR 4023 requirements. 

There are no formal reporting forms 

for these collections of information, 

which are event generated, though in 

each case the type of information 

required to be filed is described in the 

Board’s regulations. These collections of 

information are required pursuant to 

amendments made by the GLB Act to 

the Bank Holding Company Act or the 

Federal Reserve Act, or Board 

regulations issued to carry out the GLB 

Act. 

Board of Governors of the Federal 

Reserve System, March 28, 2007. 

Jennifer J. Johnson, 

Secretary of the Board. 

[FR Doc. E7–6042 Filed 3–30–07; 8:45 am] 

BILLING CODE 6210–01–S 

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 application 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 April 26, 2007. 

A. Federal Reserve Bank of Boston 

(Richard Walker, Community Affairs 

Officer) P.O. Box 55882, Boston, 

Massachusetts 02106-2204: 

1. Boston Private Financial Holdings, 

Inc., Boston, Massachusetts; to acquire 

100 percent of the voting shares of 

Charter Financial Corporation, Bellevue, 

Washington, and thereby indirectly 

acquire voting shares of Charter Bank, 

Bellevue, Washington. 

In connection with this Application, 

Applicant also has applied to engage in 

management consulting activities 

through Banc Support, Inc., Kent, 

Washington, pursuant to section 

225.28(b)(9)(i)(A) of Regulation Y. 

B. Federal Reserve Bank of Dallas 

(W. Arthur Tribble, Vice President) 2200 

North Pearl Street, Dallas, Texas 75201- 

2272: 

1. Opportunity Bancshares, Inc., 

Richardson, Texas; to become a bank 

holding company by acquiring 100 

percent of the voting shares of 

Opportunity Bank, National 

Association, Richardson, Texas. 

Board of Governors of the Federal Reserve 

System, March 27, 2007. 

Robert deV. Frierson, 

Deputy Secretary of the Board. 

[FR Doc. E7–5946 Filed 3–30–07; 8:45 am] 

BILLING CODE 6210–01–S 

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 application 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 


hsrobinson on PROD1PC76 with NOTICES