Federal Register / Vol. 75, No. 204 / Friday, October 22, 2010 / Notices 65331 

anticipated. These matters will be 

resolved with a single vote unless a 

member of the Board of Directors 

requests that an item be moved to the 

discussion agenda. 

Disposition of Minutes of Previous 

Board of Directors’ Meetings 

Summary reports, status reports, 

reports of the Office of Inspector 

General, and reports of actions taken 

pursuant to authority delegated by the 

Board of Directors. 

Discussion Agenda 

Memorandum and resolution re: 

Restoration Plan and Notice of Proposed 

Rulemaking on Assessment Rates, 

Dividends and the Designated Reserve 

Ratio. 

The meeting will be held in the Board 

Room on the sixth floor of the FDIC 

Building located at 550 17th Street, 

NW., Washington, DC. 

This Board meeting will be Webcast 

live via the Internet and subsequently 

made available on-demand 

approximately one week after the event. 

Visit http://www.vodium.com/goto/fdic/ 

boardmeetings.asp to view the event. If 

you need any technical assistance, 

please visit our Video Help page at: 

http://www.fdic.gov/video.html. 

The FDIC will provide attendees with 

auxiliary aids (e.g., sign language 

interpretation) required for this meeting. 

Those attendees needing such assistance 

should call (703) 562–6067 (Voice or 

TTY), to make necessary arrangements. 

Requests for further information 

concerning the meeting may be directed 

to Mr. Robert E. Feldman, Executive 

Secretary of the Corporation, at (202) 

898–7043. 

Dated: October 12, 2010. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Executive Secretary. 

[FR Doc. 2010–26813 Filed 10–20–10; 11:15 am] 

BILLING CODE P 

FEDERAL ELECTION COMMISSION 

Sunshine Act Notice 

AGENCY: Federal Election Commission. 

DATE AND TIME: Tuesday, October 19, 

2010, at 10 a.m. 

PLACE: 999 E Street, NW., Washington, 

DC. 

STATUS: This meeting will be closed to 

the public. 

ITEMS TO BE DISCUSSED: 

Compliance matters pursuant to 2 

U.S.C. 437g. 

Audits conducted pursuant to 2 

U.S.C. 437g, 438(b), and Title 26, U.S.C. 

Matters concerning participation in 

civil actions or proceedings or 

arbitration. 

Internal personnel rules and 

procedures or matters affecting a 

particular employee. 

* * * * * 

PERSON TO CONTACT FOR INFORMATION: 

Judith Ingram, Press Officer, Telephone: 

(202) 694–1220. 

Shawn Woodhead Werth, 

Secretary and Clerk of the Commission. 

[FR Doc. 2010–26435 Filed 10–21–10; 8:45 am] 

BILLING CODE 6715–01–M 

FEDERAL HOUSING FINANCE 

AGENCY 

[No. 2010–N–15] 

Federal Home Loan Bank Members 

Selected for Community Support 

Review 

AGENCY: Federal Housing Finance 

Agency. 

ACTION: Notice. 

SUMMARY: The Federal Housing Finance 

Agency (FHFA) is announcing the 

Federal Home Loan Bank (Bank) 

members it has selected for the 2010 

first round review cycle under the 

FHFA’s community support 

requirements regulation. This notice 

also prescribes the deadline by which 

Bank members selected for review must 

submit Community Support Statements 

to FHFA. 

DATES: Bank members selected for the 

review cycle under the FHFA’s 

community support requirements 

regulation must submit completed 

Community Support Statements to 

FHFA on or before December 6, 2010. 

ADDRESSES: Bank members selected for 

the 2010 first round review cycle under 

the FHFA’s community support 

requirements regulation must submit 

completed Community Support 

Statements to FHFA either by hard-copy 

mail at the Federal Housing Finance 

Agency, Housing Mission and Goals, 

1625 Eye Street, NW., Washington, DC 

20006, or by electronic mail at hmg

communitysupportprogram@fhfa.gov. 

FOR FURTHER INFORMATION CONTACT: 

Rona Richardson, Office Assistant, 

Housing Mission and Goals, Federal 

Housing Finance Agency, by telephone 

at 202–408–2945, by electronic mail at 

Rona.Richardson@FHFA.gov, or by 

hard-copy mail at the Federal Housing 

Finance Agency, 1625 Eye Street, NW., 

Washington, DC 20006. 

SUPPLEMENTARY INFORMATION: 

I. Selection for Community Support 

Review 

Section 10(g)(1) of the Federal Home 

Loan Bank Act (Bank Act) requires 

FHFA to promulgate regulations 

establishing standards of community 

investment or service Bank members 

must meet in order to maintain access 

to long-term advances. See 12 U.S.C. 

1430(g)(1). The regulations promulgated 

by FHFA must take into account factors 

such as the Bank member’s performance 

under the Community Reinvestment Act 

of 1977 (CRA), 12 U.S.C. 2901 et seq., 

and record of lending to first-time 

homebuyers. See 12 U.S.C. 1430(g)(2). 

Pursuant to section 10(g) of the Bank 

Act, FHFA has promulgated a 

community support requirements 

regulation that establishes standards a 

Bank member must meet in order to 

maintain access to long-term advances, 

and review criteria FHFA must apply in 

evaluating a member’s community 

support performance. See 12 CFR part 

1290. The regulation includes standards 

and criteria for the two statutory 

factors—CRA performance and record of 

lending to first-time homebuyers. 12 

CFR 1290.3. Only members subject to 

the CRA must meet the CRA standard. 

12 CFR 1290.3(b). All members, 

including those not subject to CRA, 

must meet the first-time homebuyer 

standard. 12 CFR 1290.3(c). 

Under the rule, FHFA selects 

approximately one-eighth of the 

members in each Bank district for 

community support review each 

calendar quarter. 12 CFR 1290.2(a). 

FHFA will not review an institution’s 

community support performance until it 

has been a Bank member for at least one 

year. Selection for review is not, nor 

should it be construed as, any 

indication of either the financial 

condition or the community support 

performance of the member. 

Each Bank member selected for 

review must complete a Community 

Support Statement and submit it to 

FHFA by the December 6, 2010 deadline 

prescribed in this notice. 12 CFR 

1290.2(b)(1)(ii) and (c). On or before 

November 5, 2010, each Bank will 

notify the members in its district that 

have been selected for the 2010 first 

round community support review cycle 

that they must complete and submit to 

FHFA by the deadline a Community 

Support Statement. 12 CFR 

1290.2(b)(2)(i). The member’s Bank will 

provide a blank Community Support 

Statement Form (OMB No. 2590–0005), 

which also is available on the FHFA’s 

Web site: http://www.fhfa.gov/webfiles/

2924/FHFAForm060.pdf. Upon request, 

the member’s Bank also will provide 


emcdonald on DSK2BSOYB1PROD with NOTICES