Federal Register / Vol. 89, No. 191 / Wednesday, October 2, 2024 / Notices 80241 

Respondents: Banking organizations 

subject to Category I, II, III, or IV 

standards under the Board’s Regulation 

YY and Regulation LL. The panel 

includes (1) any top-tier U.S. bank 

holding company with $100 billion or 

more in total consolidated assets that is 

not a subsidiary of a foreign banking 

organization, (2) any top-tier U.S. 

savings and loan holding company with 

$100 billion or more in total 

consolidated assets that is a covered 

depository institution holding company 

as defined by the LCR and NSFR rules 

and is not a subsidiary of a foreign 

banking organization, and (3) any 

foreign banking organization, as defined 

by the Board’s Regulation YY, with 

combined U.S. assets of $100 billion or 

more. 

Total estimated number of 

respondents: Daily, 18; Monthly, 23. 

Estimated average hours per response: 

Daily, 221; Monthly 121. 

Total estimated annual burden hours: 

1,027,896. 

Request for Comment on the Burden 

Estimates: The Board is seeking 

comment specifically on the accuracy of 

the estimated hours per response for 

both daily filers (221 hours per day) and 

monthly filers (121 hours per month). 

Commenters are encouraged to provide 

details on how long it takes to comply 

with these requirements such as the 

number of staff involved, how much 

time staff spend, and how much, if any, 

of the reporting process is automated. 

General comments on whether the 

Board’s estimates are reasonable, 

underestimated, or overestimated are 

also welcome. 

Board of Governors of the Federal Reserve 

System, September 27, 2024. 

Benjamin W. McDonough, 

Deputy Secretary and Ombuds of the Board. 

[FR Doc. 2024–22639 Filed 10–1–24; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Proposed Agency Information 

Collection Activities; Comment 

Request 

AGENCY: Board of Governors of the 

Federal Reserve System. 

ACTION: Notice, request for comment. 

SUMMARY: The Board of Governors of the 

Federal Reserve System (Board) invites 

comment on a proposal to extend for 

three years, without revision, the 

Holding Company Report of Insured 

Depository Institutions’ Section 23A 

Transactions with Affiliates (FR Y–8; 

OMB No. 7100–0126). 

DATES: Comments must be submitted on 

or before December 2, 2024. 

ADDRESSES: You may submit comments, 

identified by FR Y–8, by any of the 

following methods: 

• Agency website: https://

www.federalreserve.gov/. Follow the 

instructions for submitting comments at 

https://www.federalreserve.gov/apps/ 

foia/proposedregs.aspx. 

• Email: regs.comments@

federalreserve.gov. Include the OMB 

number or FR number in the subject line 

of the message. 

• FAX: (202) 452–3819 or (202) 452– 

3102. 

• Mail: Federal Reserve Board of 

Governors, Attn: Ann E. Misback, 

Secretary of the Board, Mailstop M– 

4775, 2001 C St NW, Washington, DC 

20551. 

All public comments are available 

from the Board’s website at https://

www.federalreserve.gov/apps/foia/ 

proposedregs.aspx as submitted, unless 

modified for technical reasons or to 

remove personally identifiable 

information at the commenter’s request. 

Accordingly, comments will not be 

edited to remove any confidential 

business information, identifying 

information, or contact information. 

Public comments may also be viewed 

electronically or in paper in Room M– 

4365A, 2001 C St NW, Washington, DC 

20551, between 9:00 a.m. and 5:00 p.m. 

on weekdays, except for Federal 

holidays. For security reasons, the 

Board requires that visitors make an 

appointment to inspect comments. You 

may do so by calling (202) 452–3684. 

Upon arrival, visitors will be required to 

present valid government-issued photo 

identification and to submit to security 

screening in order to inspect and 

photocopy comments. 

Additionally, commenters may send a 

copy of their comments to the Office of 

Management and Budget (OMB) Desk 

Officer for the Federal Reserve Board, 

Office of Information and Regulatory 

Affairs, Office of Management and 

Budget, New Executive Office Building, 

Room 10235, 725 17th Street NW, 

Washington, DC 20503, or by fax to 

(202) 395–6974. 

FOR FURTHER INFORMATION CONTACT: 

Federal Reserve Board Clearance 

Officer—Nuha Elmaghrabi—Office of 

the Chief Data Officer, Board of 

Governors of the Federal Reserve 

System, nuha.elmaghrabi@frb.gov, (202) 

452–3884. 

SUPPLEMENTARY INFORMATION: On June 

15, 1984, OMB delegated to the Board 

authority under the Paperwork 

Reduction Act (PRA) to approve and 

assign OMB control numbers to 

collections of information conducted or 

sponsored by the Board. In exercising 

this delegated authority, the Board is 

directed to take every reasonable step to 

solicit comment. In determining 

whether to approve a collection of 

information, the Board will consider all 

comments received from the public and 

other agencies. 

During the comment period for this 

proposal, a copy of the proposed PRA 

OMB submission, including the draft 

reporting form and instructions, 

supporting statement (which contains 

more detail about the information 

collection and burden estimates than 

this notice), and other documentation, 

will be made available on the Board’s 

public website at https://

www.federalreserve.gov/apps/ 

reportingforms/home/review or may be 

requested from the agency clearance 

officer, whose name appears above. On 

the page displayed at the link above, 

you can find the supporting information 

by referencing the collection identifier, 

FR Y–8. Final versions of these 

documents will be made available at 

https://www.reginfo.gov/public/do/ 

PRAMain, if approved. 

Request for Comment on Information 

Collection Proposal 

The Board invites public comment on 

the following information collection, 

which is being reviewed under 

authority delegated by the OMB under 

the PRA. Comments are invited on the 

following: 

a. Whether the proposed collection of 

information is necessary for the proper 

performance of the Board’s functions, 

including whether the information has 

practical utility; 

b. The accuracy of the Board’s 

estimate of the burden of the proposed 

information collection, including the 

validity of the methodology and 

assumptions used; 

c. Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

d. Ways to minimize the burden of 

information collection on respondents, 

including through the use of automated 

collection techniques or other forms of 

information technology; and 

e. Estimates of capital or startup costs 

and costs of operation, maintenance, 

and purchase of services to provide 

information. 

At the end of the comment period, the 

comments and recommendations 

received will be analyzed to determine 

the extent to which the Board should 

modify the proposal. 


lotter on DSK11XQN23PROD with NOTICES1
80242 Federal Register / Vol. 89, No. 191 / Wednesday, October 2, 2024 / Notices 

Proposal Under OMB Delegated 

Authority To Extend for Three Years, 

Without Revision, the Following 

Information Collection 

Collection title: Holding Company 

Report of Insured Depository 

Institutions’ Section 23A Transactions 

with Affiliates. 

Collection identifier: FR Y–8. 

OMB control number: 7100–0126. 

General description of collection: The 

FR Y–8 collects information on covered 

transactions between an insured 

depository institution and its affiliates 

that are subject to the quantitative limits 

and other requirements of section 23A 

of the Federal Reserve Act (12 U.S.C. 

371c) and the Board’s Regulation W— 

Transactions Between Member Banks 

and Their Affiliates (12 CFR part 223). 

The data to be reported vary based on 

the activities and subsidiaries of the 

insured depository institution. A 

respondent must file a separate FR Y– 

8 report for each U.S. insured 

depository institution it controls. The 

reports are used by the Federal Reserve 

System to monitor bank exposures to 

affiliates and to ensure banks’ 

compliance with section 23A. 

Frequency: Quarterly. 

Respondents: U.S. top-tier bank 

holding companies, intermediate 

holding companies, and savings and 

loan holding companies; foreign 

banking organizations that directly own 

or control a U.S. subsidiary insured 

depository institution. 

Total estimated number of 

respondents: 590. 

Total estimated annual burden hours: 

12,178. 

Board of Governors of the Federal Reserve 

System, September 27, 2024. 

Benjamin W. McDonough, 

Deputy Secretary and Ombuds of the Board. 

[FR Doc. 2024–22637 Filed 10–1–24; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Change in Bank Control Notices; 

Acquisitions of Shares of a Bank or 

Bank Holding Company 

The notificants listed below have 

applied under the Change in Bank 

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

§ 225.41 of the Board’s Regulation Y (12 

CFR 225.41) to acquire shares of a bank 

or bank holding company. The factors 

that are considered in acting on the 

applications are set forth in paragraph 7 

of the Act (12 U.S.C. 1817(j)(7)). 

The public portions of the 

applications listed below, as well as 

other related filings required by the 

Board, if any, are available for 

immediate inspection at the Federal 

Reserve Bank(s) indicated below and at 

the offices of the Board of Governors. 

This information may also be obtained 

on an expedited basis, upon request, by 

contacting the appropriate Federal 

Reserve Bank and from the Board’s 

Freedom of Information Office at 

https://www.federalreserve.gov/foia/ 

request.htm. Interested persons may 

express their views in writing on the 

standards enumerated in paragraph 7 of 

the Act. 

Comments received are subject to 

public disclosure. In general, comments 

received will be made available without 

change and will not be modified to 

remove personal or business 

information including confidential, 

contact, or other identifying 

information. Comments should not 

include any information such as 

confidential information that would not 

be appropriate for public disclosure. 

Comments regarding each of these 

applications must be received at the 

Reserve Bank indicated or the offices of 

the Board of Governors, Ann E. 

Misback, Secretary of the Board, 20th 

Street and Constitution Avenue NW, 

Washington, DC 20551–0001, not later 

than October 17, 2024. 

A. Federal Reserve Bank of Chicago 

(Colette A. Fried, Assistant Vice 

President) 230 South LaSalle Street, 

Chicago, Illinois 60690–1414. 

Comments can also be sent 

electronically to 

Comments.applications@chi.frb.org: 

1. Joseph Loundy, Ari Loundy, and 

Irving Loundy, all of Chicago, Illinois; 

Daniel Loundy, Ingleside, Illinois; David 

Loundy, Alexander Loundy, and Samuel 

Loundy, all of Glencoe, Illinois; Ronen 

Loundy, Kenosha, Wisconsin; Elan 

Loundy, Boulder, Colorado; and Donna 

Loundy and LFI Glenview, LLC, both of 

Glenview, Illinois; a group acting in 

concert, to retain voting shares of Devon 

Bancorp, Inc., and thereby indirectly 

retain voting shares of Devon Bank, both 

of Chicago, Illinois. 

B. Federal Reserve Bank of St. Louis 

(Holly A. Rieser, Senior Manager) P.O. 

Box 442, St. Louis, Missouri 63166– 

2034. Comments can also be sent 

electronically to 

Comments.applications@stls.frb.org: 

1. Joel L. Weeks, St. Louis, Missouri; 

to acquire control of voting shares of FB 

Corporation, which controls The San 

Francisco Company, which controls 

First Bank, all of Creve Coeur, Missouri, 

by becoming trustee of the JFD Class B 

Common Trust (MJD), Creve Coeur, 

Missouri, the JFD Class B Common 

Trust (EDM), the EDM Class A Common 

Trust, and the EDM Class A Common 

Trust II, all of Jackson, Wyoming. 

Board of Governors of the Federal Reserve 

System. 

Erin Cayce, 

Assistant Secretary of the Board. 

[FR Doc. 2024–22714 Filed 10–1–24; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Proposed Agency Information 

Collection Activities; Comment 

Request 

AGENCY: Board of Governors of the 

Federal Reserve System. 

ACTION: Notice, request for comment. 

SUMMARY: The Board of Governors of the 

Federal Reserve System (Board) invites 

comment on a proposal to extend for 

three years, without revision, the Policy 

Impact Survey (FR 3075; OMB No. 

7100–0362). 

DATES: Comments must be submitted on 

or before [insert date 60 days after 

publication in the Federal Register]. 

ADDRESSES: You may submit comments, 

identified by FR 3075, by any of the 

following methods: 

• Agency Website: https://

www.federalreserve.gov/. Follow the 

instructions for submitting comments at 

https://www.federalreserve.gov/apps/ 

foia/proposedregs.aspx. 

• Email: regs.comments@

federalreserve.gov. Include the OMB 

number or FR number in the subject line 

of the message. 

• FAX: (202) 452–3819 or (202) 452– 

3102. 

• Mail: Federal Reserve Board of 

Governors, Attn: Ann E. Misback, 

Secretary of the Board, Mailstop M– 

4775, 2001 C St NW, Washington, DC 

20551. 

All public comments are available 

from the Board’s website at https://

www.federalreserve.gov/apps/foia/ 

proposedregs.aspx as submitted, unless 

modified for technical reasons or to 

remove personally identifiable 

information at the commenter’s request. 

Accordingly, comments will not be 

edited to remove any confidential 

business information, identifying 

information, or contact information. 

Public comments may also be viewed 

electronically or in paper in Room M– 

4365A, 2001 C St NW, Washington, DC 

20551, between 9:00 a.m. and 5:00 p.m. 

on weekdays, except for Federal 

holidays. For security reasons, the 

Board requires that visitors make an 

appointment to inspect comments. You 

may do so by calling (202) 452–3684. 

Upon arrival, visitors will be required to 


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