28494 Federal Register / Vol. 66, No. 100 / Wednesday, May 23, 2001 / Notices

Section 8 of the Fair Credit and Charge

Card Disclosure Act of 1998 (15 U.S.C.

1637 note); * * *’’. Upon reinstatement,

this report will collect data on credit

card pricing and availability from a

sample of at least 150 financial

institutions that offer credit cards. The

information will be reported to the

Congress and made available to the

public in order to promote competition

within the industry.

3. Report title: Annual Report on

Status of Disposition of Assets Acquired

in Satisfaction of Debts Previously

Contracted.

Agency form number: FR 4006.

OMB control number: 7100–0129.

Frequency: Annual.

Reporters: Banking holding

companies.

Annual reporting hours: 3,000 hours.

Estimated average hours per response:

5 hours.

Number of respondents: 600.

Small businesses are affected.

General description of report: This

information collection is required (12

U.S.C. 1842(a) and 1843(c)(2)) and may

be given confidential treatment upon

request (5 U.S.C. 552(b)(4)).

Abstract: Bank holding companies

that have acquired assets or shares

through foreclosure in the ordinary

course of collecting a debt previously

contracted (DPC) are required to submit

the report annually for assets or shares

that have been held beyond two years

from the acquisition date. The report

does not have a required format; bank

holding companies submit the

information in a letter. The letter

contains information on the progress

made to dispose of such assets or shares

and also requests permission for a oneyear extension to hold them, as

applicable. The Federal Reserve may

grant requests for up to three one-year

extensions. This report is required

pursuant to the Board’s authority under

the Bank Holding Company Act and

Regulation Y. The Federal Reserve uses

the information to fulfill its statutory

obligation to supervise bank holding

companies.

4. Report title: Notice of Branch

Closure.

Agency form number: FR 4031.

OMB control number: 7100–0264.

Frequency: on occasion.

Reporters: state member banks.

Annual reporting hours: 783 hours.

Estimated average hours per response:

2 hours for reporting requirements; 1

hour for disclosure requirements; 8

hours for recordkeeping requirements.

Number of respondents: 226.

Small businesses are affected.

General description of report: This

information collection is mandatory (12

U.S.C. 1831r–1(a)(1)) and may be given

confidential treatment upon request (5

U.S.C. 552(b)(4)).

Abstract: These reporting,

recordkeeping, and disclosure

requirements regarding the closing of

any branch of an insured depository

institution are imposed by section 228

of the Federal Deposit Insurance

Corporation Improvement Act of 1991

(FDICIA). There is no reporting form

associated with the reporting portion of

this information collection; state

member banks notify the Federal

Reserve by letter prior to closing a

branch. The Federal Reserve uses the

information to fulfill its statutory

obligation to supervise state member

banks.

Board of Governors of the Federal Reserve

System, May 17, 2001.

Jennifer J. Johnson,

Secretary of the Board.

[FR Doc. 01–12971 Filed 5–22–01; 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 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 June 15, 2001.

A. Federal Reserve Bank of Chicago

(Phillip Jackson, Applications Officer)

230 South LaSalle Street, Chicago,

Illinois 60690–1414:

1. Bank of Montreal, Toronto, Ontario,

Canada, and Bankmont Financial Corp.,

Chicago, Illinois; to merge with First

National Bancorp, Inc., Joliet, Illinois,

and thereby indirectly acquire voting

shares of First National Bank of Joliet,

Joliet, Illinois.

2. Harris Joliet Bankcorp, Inc.,

Chicago, Illinois; to become a bank

holding company by acquiring 100

percent of the voting shares of First

National Bancorp, Inc., Joliet, Illinois,

and thereby indirectly acquire voting

shares of First National Bank of Joliet,

Joliet, Illinois.

B. Federal Reserve Bank of Dallas

(W. Arthur Tribble, Vice President) 2200

North Pearl Street, Dallas, Texas 75201–

2272:

1. Bank of DeSoto, N.A., Employee

Stock Ownership Trust, DeSoto, Texas;

to acquire 38.43 percent of the voting

shares of D Bancorp, Inc., DeSoto,

Texas, and thereby indirectly acquire

voting shares of Bank of DeSoto, N.A.,

DeSoto, Texas.

Board of Governors of the Federal Reserve

System, May 17, 2001.

Robert deV. Frierson,

Associate Secretary of the Board.

[FR Doc. 01–12969 Filed 5–22–01; 8:45 am]

BILLING CODE 6210–01–S

GENERAL ACCOUNTING OFFICE

Commercial Activities Panel

AGENCY: General Accounting Office.

ACTION: Notice of public hearing.

SUMMARY: Section 832 of the National

Defense Authorization Act for Fiscal

Year 2001 requires the Comptroller

General of the United States to convene

a panel of experts to study the transfer

of commercial activities currently

performed by government employees to

federal contractors, a procedure

commonly known as ‘‘contracting out’’

or ‘‘outsourcing.’’ This notice

announces the first of three public

hearings to be held by the Commercial

Activities Panel (‘‘the Panel’’). For the

first hearing, the Panel is interested in

hearing views on the principles and

policies that should govern decisions

concerning whether particular functions

should be performed by the public

sector or the private sector.