Federal Register / Vol. 87, No. 100 / Tuesday, May 24, 2022 / Notices 31557 

1 12 U.S.C. 1467a(f). 

2 12 U.S.C. 1467a(b). See 12 U.S.C. 1467a(g). 

complete; and (5) unless you have 

already done so in a related Privacy Act 

request for access or amendment, 

provide the necessary information to 

verify your identity. 

NOTIFICATION PROCEDURES: 

Same as ‘‘Access procedures’’ above. 

You may also follow this procedure in 

order to request an accounting of 

previous disclosures of records 

pertaining to you as provided for by 5 

U.S.C. 552a(c). 

EXEMPTIONS PROMULGATED FOR THE SYSTEM: 

None. 

HISTORY: 

This SORN was previously published 

in the Federal Register at 73 FR 24984 

at 25007 (May 6, 2008). The SORN was 

also amended to incorporate two new 

routine uses required by OMB at 83 FR 

43872 (August 28, 2018). 

Board of Governors of the Federal Reserve 

System. 

Ann E. Misback, 

Secretary of the Board. 

[FR Doc. 2022–11131 Filed 5–23–22; 8:45 am] 

BILLING CODE 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 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 June 7, 2022. 

A. Federal Reserve Bank of Atlanta 

(Erien O. Terry, Assistant Vice 

President) 1000 Peachtree Street NE, 

Atlanta, Georgia 30309. Comments can 

also be sent electronically to 

Applications.Comments@atl.frb.org: 

1. Donata Russell Ross, H. Jerome 

Russell, Jr., and Michael B. Russell, all 

of Atlanta, Georgia; to become members 

of a group acting in concert to acquire 

voting shares of Citizens Bancshares 

Corporation, and thereby indirectly 

acquire voting shares of Citizens Trust 

Bank, both of Atlanta, Georgia. 

Board of Governors of the Federal Reserve 

System. 

Michele Taylor Fennell, 

Deputy Associate Secretary of the Board. 

[FR Doc. 2022–11077 Filed 5–23–22; 8:45 am] 

BILLING CODE P 

FEDERAL RESERVE SYSTEM 

Agency Information Collection 

Activities: Announcement of Board 

Approval Under Delegated Authority 

and Submission to OMB 

AGENCY: Board of Governors of the 

Federal Reserve System. 

SUMMARY: The Board of Governors of the 

Federal Reserve System (Board) is 

adopting a proposal to extend for three 

years, without revision, the Notice of 

Proposed Declaration of Dividend (FR 

1583; OMB No. 7100–0339). 

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, Washington, DC 20551, (202) 

452–3829. 

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. 

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. Boardapproved collections of information are 

incorporated into the official OMB 

inventory of currently approved 

collections of information. The OMB 

inventory, as well as copies of the PRA 

Submission, supporting statements, and 

approved collection of information 

instrument(s) are available at https://

www.reginfo.gov/public/do/PRAMain. 

These documents are also available on 

the Federal Reserve Board’s public 

website at https://

www.federalreserve.gov/apps/ 

reportforms/review.aspx or may be 

requested from the agency clearance 

officer, whose name appears above. 

Final Approval Under OMB Delegated 

Authority of the Extension for Three 

Years, Without Revision, of the 

Following Information Collection 

Collection title: Notice of Proposed 

Declaration of Dividend. 

Collection identifier: FR 1583. 

OMB control number: 7100–0339. 

Frequency: Event-generated. 

Respondents: Savings association 

subsidiaries of savings and loan holding 

companies (SLHCs). 

Estimated number of respondents: 

180. 

Estimated average hours per response: 

0.25. 

Estimated annual burden hours: 90. 

General description of collection: A 

savings association subsidiary of an 

SLHC must provide prior notice of the 

proposed declaration of a dividend by 

filing form FR 1583, whether 

electronically or by hard copy, with the 

appropriate Reserve Bank. The FR 1583 

requires information regarding the date 

of the filing and the nature and amount 

of the proposed dividend, as well as the 

names and signatures of the executive 

officer and secretary of the savings 

association that is providing the notice. 

The FR 1583 notice may include a 

schedule proposing dividends over a 

period specified by the notificant, not to 

exceed 12 months. 

Legal authorization and 

confidentiality: The FR 1583 is 

authorized by Section 10(f) of the Home 

Owners’ Loan Act (HOLA).1 Section 

10(f) of HOLA provides that every 

subsidiary savings association of an 

SLHC shall give the Board at least 30 

days’ advance notice of the proposed 

declaration by its directors of any 

dividend on its guaranty, permanent, or 

other nonwithdrawable stock. 

Additionally, Section 10(b) of HOLA 

authorizes the Board to require SLHCs 

to file ‘‘such reports as may be required 

by the Board.’’ 2 The FR 1583 is 

mandatory. 

Individual respondents may request 

confidential treatment for information 

submitted on the FR 1583 in accordance 

with the Board’s Rules Regarding 


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