Federal Register / Vol. 80, No. 54 / Friday, March 20, 2015 / Notices 15007 

37Moser, B.R. (2012) ‘‘Biodiesel from alternative 

oilseed feedstock: camelina and field pennycress.’’ 

Biofuels, 3:193–209. 38Fan, J. et al. (2013) ‘‘A life cycle assessment of 

pennycress (Thlaspi arvense L.)—derived jet fuel 

and diesel.’’ Biomass and Bioenergy, 55:87–100. 39Moser, B.R. (2012) ‘‘Biodiesel from alternative 

oilseed feedstock: camelina and field pennycress.’’ 

Biofuels, 3:193–209. It is important to note that all 

animal feed products must be approved by the U.S. 

Food and Drug Administration (FDA) before they 

can be sold in the United States. Nothing in EPA’s 

analysis should be construed as an official federal 

government position regarding the approval or 

disapproval of pennycress press cake as an animal 

feed. Only FDA is authorized to make that 

determination. 

40 Vaughn, S.F., et al. (2005) ‘‘Biofumigant 

compounds released by field pennycress (Thlaspi 

arvense) seedmeal.’’ Journal of Chemical Ecology, 

31(1):167–177. 

41The transesterification process that EPA 

evaluated for the March 2010 RFS rule for biofuel 

derived from soybean oil feedstock is described in 

section 2.4.7.3 (Biodiesel) of the Regulatory Impact 

Analysis for the March 2010 RFS rule (EPA–420– 

R–10–006). The hydrotreating process that EPA 

evaluated for the March 2013 rule for biofuel 

derived from camelina oil feedstock is described in 

section II.A.3.b of the March 2013 rule (78 FR 

14190). 

cake contains glucosinolates, which 

may be toxic to animals in large 

concentrations.37 However, the heat 

produced from crushing pennycress 

seeds may reduce the toxicity of the 

press cake,38 or pennycress press cake 

could be mixed in low amounts with 

other seed meal for use as animal feed.39

Alternatively, pennycress press cake 

could be used as a biofumigant.40 Based 

on our analysis of pennycress oil, which 

does not consider use of the press cake, 

we have found that the agricultural, 

livestock and land use change emissions 

associated with producing pennycress 

oil are less than or equal to the 

corresponding emissions associated 

with producing soybean oil. Therefore, 

any beneficial use of the pennycress 

press cake (e.g., as livestock feed or 

boiler fuel) would only serve to make 

the GHG emissions associated with 

pennycress oil even lower than the 

corresponding emissions for soybean 

oil. 

B. Feedstock Distribution 

EPA’s assessment, based on the 

following reasoning, is that GHG 

emissions from feedstock distribution 

will be the same for pennycress as such 

emissions for soybeans. Because 

pennycress contains more oil per pound 

of seed, as discussed above, the energy 

needed to move the pennycress before 

oil extraction would be lower than 

soybeans per ton of oil produced. To the 

extent that pennycress is grown on more 

disperse fallow land than soybeans and 

would need to be transported further, 

the energy needed to move the 

pennycress could be higher than 

soybeans. Therefore, we believe we may 

assume for purposes of GHG emissions 

assessment that the GHG emissions 

associated with transporting pennycress 

and soybeans to crushing facilities will 

be the same. Pennycress and soybean 

oils are quite similar in terms of density 

and energy content; therefore, we also 

assumed that the GHG emissions from 

transporting the oil from a crushing 

facility to a biofuel production facility 

would be the same for the two different 

feedstocks. 

C. Summary of Agricultural Sector GHG 

Emissions 

Compared to soybean oil, pennycress 

oil has less than or equal GHG 

emissions per ton of oil from crop 

inputs, crushing and oil extraction, and 

direct and indirect land use change. 

Pennycress and soybean oils are also 

likely to have similar GHG emissions 

from feedstock distribution. Therefore, 

we believe that the feedstock production 

and transport portion of the lifecycle 

GHG emissions associated with 

pennycress are likely to be similar to or 

less than the GHG emissions for the 

corresponding portion of the lifecycle 

analysis for soybean oil. EPA’s purpose 

in evaluating petitions under 40 CFR 

80.1416 is not to prepare a precise 

lifecycle GHG emissions analysis of 

every fuel type, but to gather sufficient 

information on which to inform its 

decision of whether proposed biofuels 

qualify under the program in terms of 

lifecycle GHG emissions reduction. 

Based on our comparison of pennycress 

oil to soybean oil, EPA proposes to use, 

in its future evaluations of petitions 

proposing to use pennycress oil as a 

feedstock for biofuel production, an 

estimate of the GHG emissions 

associated with the cultivation and 

transport of pennycress oil that is the 

same as that which we have used for 

soybean oil, on a per ton of oil basis. 

Although EPA could conduct a more 

precise analysis, we do not believe it is 

necessary for purposes of the 

determinations EPA must make in 

responding to petitions. EPA solicits 

comment on this proposed approach. 

D. Fuel Production and Distribution 

Pennycress oil has physical properties 

that are similar to soybean and camelina 

oil, and is suitable for the same 

conversion processes as these 

feedstocks. In addition, the fuel yield 

per pound of oil is expected to be the 

same for each of these feedstocks. After 

reviewing comments received in 

response to this Notice, we will 

combine our evaluation of agricultural 

sector GHG emissions associated with 

the use of pennycress oil feedstock with 

our evaluation of the GHG emissions 

associated with individual producers’ 

production processes and finished fuels 

to determine whether the proposed 

pathways satisfy CAA lifecycle GHG 

emissions reduction requirements for 

RFS-qualifying renewable fuels. Based 

on our evaluation of the lifecycle GHG 

emissions attributable to the production 

and transport of pennycress oil 

feedstock, EPA anticipates that fuel 

produced from pennycress oil feedstock 

through the same transesterification or 

hydrotreating process technologies that 

EPA evaluated for the March 2010 RFS 

rule for biofuel derived from soybean oil 

and the March 2013 RFS rule for biofuel 

derived from camelina oil would qualify 

for biomass-based diesel (D-code 4) 

RINs or advanced (D-code 5) RINs.41

However, EPA will evaluate petitions 

for fuel produced from pennycress oil 

feedstock on a case-by-case basis. 

III. Summary 

EPA invites public comment on its 

analysis of GHG emissions associated 

with the production and transport of 

pennycress oil as a feedstock for biofuel 

production. EPA will consider public 

comments received when evaluating the 

lifecycle GHG emissions of biofuel 

production pathways described in 

petitions received pursuant to 40 CFR 

80.1416 which use pennycress oil as a 

feedstock. 

Dated: March 12, 2015. 

Christopher Grundler, 

Director, Office of Transportation and Air 

Quality. 

[FR Doc. 2015–06444 Filed 3–19–15; 8:45 am] 

BILLING CODE 6560–50–P 

FARM CREDIT SYSTEM INSURANCE 

CORPORATION 

Regular Meeting 

AGENCY: Farm Credit System Insurance 

Corporation Board; Farm Credit System 

Insurance Corporation Board. 

SUMMARY: Notice is hereby given of the 

regular meeting of the Farm Credit 

System Insurance Corporation Board 

(Board). 

DATE AND TIME: The meeting of the Board 

will be held at the offices of the Farm 

Credit Administration in McLean, 

Virginia, on March 26, 2015, from 9:00 

a.m. until such time as the Board 

concludes its business. 

FOR FURTHER INFORMATION CONTACT: Dale 

L. Aultman, Secretary to the Farm 

Credit System Insurance Corporation 

Board, (703) 883–4009, TTY (703) 883– 

4056. 

mstockstill on DSK4VPTVN1PROD with NOTICES

15008 Federal Register / Vol. 80, No. 54 / Friday, March 20, 2015 / Notices 

ADDRESSES: Farm Credit System 

Insurance Corporation, 1501 Farm 

Credit Drive, McLean, Virginia 22102. 

Submit attendance requests via email to 

VisitorRequest@FCA.gov. See 

SUPPLEMENTARY INFORMATION for further 

information about attendance requests. 

SUPPLEMENTARY INFORMATION: Parts of 

this meeting of the Board will be open 

to the public (limited space available), 

and parts will be closed to the public. 

Please send an email to VisitorRequest@

FCA.gov at least 24 hours before the 

meeting. In your email include: Name, 

postal address, entity you are 

representing (if applicable), and 

telephone number. You will receive an 

email confirmation from us. Please be 

prepared to show a photo identification 

when you arrive. If you need assistance 

for accessibility reasons, or if you have 

any questions, contact Dale L. Aultman, 

Secretary to the Farm Credit System 

Insurance Corporation Board, at (703) 

883–4009. The matters to be considered 

at the meeting are: 

Open Session 

A. Approval of Minutes 

• January 22, 2015 

B. Business Reports 

• FCSIC Financial Reports 

• Report on Insured and Other 

Obligations 

• Report on Investment Portfolio 

• Quarterly Report on Annual 

Performance Plan 

C. New Business 

• Presentation of 2014 Audit Results by 

External Auditor 

Closed Session 

• FCSIC Report on System 

Performance 

Executive Session 

• Executive Session of the Audit 

Committee with the Auditor 

Dated: March 17, 2015. 

Dale L. Aultman, 

Secretary, Farm Credit System Insurance 

Corporation Board. 

[FR Doc. 2015–06472 Filed 3–19–15; 8:45 am] 

BILLING CODE 6710–01–P 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

Notice to All Interested Parties of the 

Termination of the Receivership of 

10364, Coastal Bank, Cocoa Beach, 

Florida 

Notice is hereby given that the Federal 

Deposit Insurance Corporation (‘‘FDIC’’) 

as Receiver for Coastal Bank, Cocoa 

Beach, Florida (‘‘the Receiver’’) intends 

to terminate its receivership for said 

institution. The FDIC was appointed 

receiver of Coastal Bank on May 6, 2011. 

The liquidation of the receivership 

assets has been completed. To the extent 

permitted by available funds and in 

accordance with law, the Receiver will 

be making a final dividend payment to 

proven creditors. 

Based upon the foregoing, the 

Receiver has determined that the 

continued existence of the receivership 

will serve no useful purpose. 

Consequently, notice is given that the 

receivership shall be terminated, to be 

effective no sooner than thirty days after 

the date of this Notice. If any person 

wishes to comment concerning the 

termination of the receivership, such 

comment must be made in writing and 

sent within thirty days of the date of 

this Notice to: Federal Deposit 

Insurance Corporation, Division of 

Resolutions and Receiverships, 

Attention: Receivership Oversight 

Department 32.1, 1601 Bryan Street, 

Dallas, TX 75201. 

No comments concerning the 

termination of this receivership will be 

considered which are not sent within 

this time frame. 

Dated: March 16, 2015. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Executive Secretary. 

[FR Doc. 2015–06355 Filed 3–19–15; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL RESERVE SYSTEM 

Change in Bank Control Notices; 

Acquisitions of Shares of a Savings 

and Loan Holding Company 

The notificants listed below have 

applied under the Change in Bank 

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

Board’s Regulation LL (12 CFR part 238) 

to acquire shares of a savings and loan 

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 offices 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 April 6, 

2015. 

A. Federal Reserve Bank of Cleveland 

(Nadine Wallman, Vice President) 1455 

East Sixth Street, Cleveland, Ohio 

44101–2566: 

1. Jane Houston McCready, 

Winchester, Kentucky; Sarah McCready 

Boston, New York, New York; and 

Louise French McCready Hart, New 

York, New York, as individuals and in 

their capacities as co-trustees of Marital 

Trust B which was created under the 

Richard F. McCready Revocable Trust 

Agreement; to acquire voting shares of 

WinFirst Financial Corporation, and 

thereby indirectly acquire voting shares 

of Winchester Federal Bank, both in 

Winchester, Kentucky. 

Board of Governors of the Federal Reserve 

System, March 17, 2015. 

Michael J. Lewandowski, 

Associate Secretary of the Board. 

[FR Doc. 2015–06399 Filed 3–19–15; 8:45 am] 

BILLING CODE 6210–01–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 se.) (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 will also 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. 

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 16, 2015. 

A. Federal Reserve Bank of Dallas 

(Robert L. Triplett III, Senior Vice 

mstockstill on DSK4VPTVN1PROD with NOTICES