2880 Federal Register / Vol. 72, No. 14 / Tuesday, January 23, 2007 / Notices 

List of Subjects 

Environmental protection, Asbestos, 

Hazardous substances, Occupational 

health and safety, Reporting and 

recordkeeping requirements, Schools. 

Authority: 42 U.S.C. 7401 et seq. 

Dated: January 8, 2007. 

A. Stanley Meiburg, 

Acting Regional Administrator, Region 4. 

[FR Doc. E7–922 Filed 1–22–07; 8:45 am] 

BILLING CODE 6560–50–P 

FARM CREDIT ADMINISTRATION 

Board Action Cancelling Charter of the 

Farm Credit System Financial 

Assistance Corporation 

AGENCY: Farm Credit Administration. 

ACTION: Notice. 

SUMMARY: The Farm Credit 

Administration (FCA or Agency), 

through the FCA Board, cancelled the 

charter of the Farm Credit System 

Financial Assistance Corporation (FAC 

or Corporation) at the January 11, 2007, 

Board meeting. The FCA chartered the 

FAC on January 11, 1988, to carry out 

a program to provide capital to Farm 

Credit System (System) institutions that 

were experiencing financial difficulties, 

and to assist in the repayment by 

System institutions to those that 

provided funds in connection with the 

program. The FAC discharged all of its 

responsibilities with respect to the 

repayment of FAC obligations during 

June 2005, and as a result, became 

eligible to terminate its corporate 

existence. 

EFFECTIVE DATE: December 31, 2006. 

FOR FURTHER INFORMATION CONTACT: Eric 

Howard, Senior Policy Analyst, Office 

of Regulatory Policy, Farm Credit 

Administration, McLean, Virginia 

22102–5090, (703) 883–4481, TTY (703) 

883–4056, or Rebecca Orlich, Senior 

Counsel, Office of General Counsel, 

Farm Credit Administration, McLean, 

Virginia 22102–5090, (703) 883–4020, 

TTY (703) 883–4020. 

SUPPLEMENTARY INFORMATION: On 

January 11, 2007, the FCA Board took 

action to cancel the charter and 

corporate existence of the FAC. The text 

of the Board action is set forth below: 

Whereas, on January 11, 1988, the 

Farm Credit Administration chartered 

the Farm Credit System Financial 

Assistance Corporation pursuant to 

section 6.20, title VI, subtitle B of the 

Farm Credit Act of 1971, as amended 

(Act), to carry out a program to provide 

capital to institutions of the Farm Credit 

System (System) that were experiencing 

financial difficulties and to assist in the 

repayment by System institutions to 

those that provided funds in connection 

with the program; and 

Whereas, section 6.31 of the Act 

provides that the Farm Credit System 

Financial Assistance Corporation will 

terminate upon the complete discharge 

of its statutory obligations, but in no 

event later than 2 years following the 

maturity and full payment of its debt 

obligations; and 

Whereas, on June 10, 2005, the last 

remaining debt obligation issued by the 

Farm Credit System Financial 

Assistance Corporation matured and 

was repaid; and 

Whereas, on June 10, 2005, all interest 

advanced by the U.S. Treasury was 

repaid; and 

Whereas, the final audit of the Farm 

Credit System Financial Assistance 

Corporation as of September 30, 2005, 

was completed by 

PricewaterhouseCoopers, an 

independent auditor; and 

Whereas, on November 14, 2005, the 

Farm Credit Administration issued to 

the Farm Credit System Financial 

Assistance Corporation a final Report of 

Examination as of September 30, 2005; 

and 

Whereas, the Farm Credit 

Administration has determined that the 

Farm Credit System Financial 

Assistance Corporation has effectively 

completed its statutory mission, 

complied with applicable laws and 

regulations, operated in a safe and 

sound manner, and thus has fulfilled its 

statutory obligations and discharged its 

responsibilities under sections 6.9 and 

6.26 of the Act; 

Now, therefore, it is hereby ordered 

that: 

The charter of the Farm Credit System 

Financial Assistance Corporation is 

hereby cancelled retroactively to 

December 31, 2006. 

Signed by Nancy C. Pellett, Chairman, 

Farm Credit Administration Board on 

January 11, 2007. 

Dated: January 18, 2007. 

Roland E. Smith, 

Secretary, Farm Credit Administration Board. 

[FR Doc. E7–903 Filed 1–22–07; 8:45 am] 

BILLING CODE 6705–01–P 

FEDERAL RESERVE SYSTEM 

Change in Bank Control Notices; 

Acquisition of Shares of Bank or Bank 

Holding Companies 

The notificants listed below have 

applied under the Change in Bank 

Control Act (12 U.S.C. 1817(j)) and 

§ 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 February 

7, 2007. 

A. Federal Reserve Bank of Kansas 

City (Donna J. Ward, Assistant Vice 

President) 925 Grand Avenue, Kansas 

City, Missouri 64198–0001: 

1. John P. Stinner and Rita E. Stinner, 

both of Gering, Nebraska, to acquire 

voting shares of First Express of 

Nebraska, Inc., Gering, Nebraska, and 

thereby indirectly acquire voting shares 

of Valley Bank and Trust Company, 

Scottsbluff, Nebraska. 

Board of Governors of the Federal Reserve 

System, January 17, 2007. 

Robert deV. Frierson, 

Deputy Secretary of the Board. 

[FR Doc. E7–846 Filed 1–22–07; 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 

mstockstill on PROD1PC70 with NOTICES