Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices 813 

will consider, in conjunction with the 

factors set out in 12 CFR 308.157: 

(1) Whether the conviction or program 

entry and the specific nature and 

circumstances of the covered offense are 

a criminal offense under Section 19; 

(2) Whether the participation directly 

or indirectly by the person in any 

manner in the conduct of the affairs of 

the insured institution constitutes a 

threat to the safety and soundness of the 

insured institution or the interests of its 

depositors or threatens to impair public 

confidence in the insured institution; 

(3) Evidence of rehabilitation 

including the person’s reputation since 

the conviction or program entry, the 

person’s age at the time of conviction or 

program entry, and the time that has 

elapsed since the conviction or program 

entry; 

(4) The position to be held or the level 

of participation by the person at an 

insured institution; 

(5) The amount of influence and 

control the person will be able to 

exercise over the management or affairs 

of an insured institution; 

(6) The ability of management of the 

insured institution to supervise and 

control the person’s activities; 

(7) The level of ownership the person 

will have of the insured institution; 

(8) The applicability of the insured 

institution’s fidelity bond coverage to 

the person; and 

(9) Any additional factors in the 

specific case that appear relevant 

including but not limited to the opinion 

or position of the primary Federal and/ 

or state regulator. 

The foregoing criteria will also be 

applied by the FDIC to determine 

whether the interests of justice are 

served in seeking an exception in the 

appropriate court when an application 

is made to terminate the ten-year ban 

under 12 U.S.C. 1829(a)(2) for certain 

Federal offenses, prior to its expiration 

date. 

Some applications can be approved 

without an extensive review because the 

person will not be in a position to 

constitute any substantial risk to the 

safety and soundness of the insured 

institution. Persons who will occupy 

clerical, maintenance, service, or purely 

administrative positions generally fall 

into this category. A more detailed 

analysis will be performed in the case 

of persons who will be in a position to 

influence or control the management or 

affairs of the insured institution. All 

approvals and orders will be subject to 

the condition that the person shall be 

covered by a fidelity bond to the same 

extent as others in similar positions. In 

cases in which a waiver of the 

institution filing requirement has been 

granted to an individual, approval of the 

application will also be conditioned 

upon that person disclosing the 

presence of the conviction(s) or program 

entry(ies) to all insured institutions in 

the affairs of which he or she wishes to 

participate. When deemed appropriate, 

bank sponsored applications are to 

allow the person to work in a specific 

job at a specific bank and may also be 

subject to the condition that the prior 

consent of the FDIC will be required for 

any proposed significant changes in the 

person’s duties and/or responsibilities. 

In the case of bank applications such 

proposed changes may, in the discretion 

of the Regional Director, require a new 

application. In situations in which an 

approval has been granted for a person 

to participate in the affairs of a 

particular insured institution and who 

subsequently seeks to participate at 

another insured depository institution, 

another application must be submitted. 

By Order of the Board of Directors. 

Dated at Washington, DC, the 19th day of 

December 2017. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Executive Secretary. 

[FR Doc. 2017–28222 Filed 1–5–18; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL ELECTION COMMISSION 

Sunshine Act Meeting 

TIME AND DATE: Thursday, January 11, 

2018 at 10:00 a.m. 

PLACE: 999 E Street NW, Washington, 

DC (Ninth Floor) 

STATUS: This meeting will be open to 

the public. 

MATTERS TO BE CONSIDERED: REG 2014– 

02: Draft Notice of Proposed 

Rulemaking on Independent 

Expenditures by Authorized 

Committees; Reporting Multistate 

Independent Expenditures and 

Electioneering Communications 

Management and Administrative 

Matters 

* * * * * 

CONTACT PERSON FOR MORE INFORMATION: 

Judith Ingram, Press Officer, Telephone: 

(202) 694–1220. 

Individuals who plan to attend and 

require special assistance, such as sign 

language interpretation or other 

reasonable accommodations, should 

contact Dayna C. Brown, Secretary and 

Clerk, at (202)694–1040, at least 72 

hours prior to the meeting date. 

Laura E. Sinram, 

Deputy Secretary of the Commission. 

[FR Doc. 2018–00211 Filed 1–4–18; 4:15 pm] 

BILLING CODE 6715–01–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 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 January 29, 

2018. 

A. Federal Reserve Bank of Atlanta 

(Kathryn Haney, Director of 

Applications) 1000 Peachtree Street NE, 

Atlanta, Georgia 30309. Comments can 

also be sent electronically to 

Applications.Comments@atl.frb.org: 

1. Ameris Bancorp, Moultrie, Georgia; 

to merge with Atlantic Coast Financial 

Corporation, and thereby directly 

acquire shares of Atlantic Coast Bank, 

both of Jacksonville, Florida. 

Board of Governors of the Federal Reserve 

System, January 2, 2018. 

Ann E. Misback, 

Secretary of the Board. 

[FR Doc. 2018–00063 Filed 1–5–18; 8:45 am] 

BILLING CODE P 


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