Federal Register / Vol. 82, No. 170 / Tuesday, September 5, 2017 / Notices 41951 

7.3 percent of the voting shares of Union 

Bankshares, Corporation, Richmond, 

Virginia, and thereby indirectly acquire 

Union Bank & Trust, Richmond, 

Virginia. 

B. Federal Reserve Bank of Dallas 

(Robert L. Triplett III, Senior Vice 

President) 2200 North Pearl Street, 

Dallas, Texas 75201–2272: 

1. Veritex Holdings, Inc., Dallas, 

Texas; to merge with Liberty 

Bancshares, Inc., Fort Worth, Texas, and 

thereby indirectly acquire Liberty Bank, 

Hurst, Texas. 

Board of Governors of the Federal Reserve 

System, August 30, 2017. 

Yao-Chin Chao, 

Assistant Secretary of the Board. 

[FR Doc. 2017–18734 Filed 9–1–17; 8:45 am] 

BILLING CODE 6210–01–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 Notification 

of Nonfinancial Data Processing 

Activities (FR 4021; OMB No. 7100– 

0306). 

On June 15, 1984, the Office of 

Management and Budget (OMB) 

delegated to the Board authority under 

the Paperwork Reduction Act (PRA) to 

approve of and assign OMB control 

numbers to collection of information 

requests and requirements conducted or 

sponsored by the Board. Boardapproved collections of information are 

incorporated into the official OMB 

inventory of currently approved 

collections of information. Copies of the 

Paperwork Reduction Act Submission, 

supporting statements and approved 

collection of information instrument(s) 

are placed into OMB’s public docket 

files. The Federal Reserve may not 

conduct or sponsor, and the respondent 

is not required to respond to, an 

information collection that has been 

extended, revised, or implemented on or 

after October 1, 1995, unless it displays 

a currently valid OMB control number. 

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. Telecommunications Device 

for the Deaf (TDD) users may contact 

(202) 263–4869, Board of Governors of 

the Federal Reserve System, 

Washington, DC 20551. 

OMB Desk Officer—Shagufta 

Ahmed—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. 

Final approval under OMB delegated 

authority of the extension for three 

years, without revision, of the following 

report: 

Report title: Notification of 

Nonfinancial Data Processing Activities. 

Agency form number: FR 4021. 

OMB control number: 7100–0306. 

Frequency: On occasion. 

Respondents: Bank holding 

companies. 

Estimated number of respondents: 2. 

Estimated average hours per response: 

2. 

Estimated annual burden hours: 4. 

General description of report: Bank 

holding companies (BHCs) submit the 

FR 4021 notification to request 

permission to administer the 49 percent 

revenue limit on nonfinancial data 

processing activities on a business-line 

or multiple-entity basis. These 

notifications, which may be submitted 

in letter form, should describe the 

structure of the requesting BHC’s data 

processing operations, the methodology 

the BHC proposes to use to administer 

the 49 percent revenue test and the 

reasons why the BHC believes that the 

proposed methodology is appropriate. 

The Board will consider any request in 

light of all the facts and circumstances, 

including the interrelationships 

between the data processing activities 

conducted by the BHC’s separate 

subsidiaries, the holding company’s 

business or operational reasons for 

conducting its data processing activities 

in different subsidiaries, and the level of 

the BHC’s ownership interest in the 

individual subsidiaries. 

Legal authorization and 

confidentiality: The Board’s Legal 

Division has determined that the Bank 

Holding Company Act (12 U.S.C. 

1843(c)(8), (j) and (k)) authorizes the 

Board to collect this information and the 

information is required to obtain a 

benefit. A BHC may request confidential 

treatment of the information contained 

in the notice pursuant to exemption 4 of 

the Freedom of Information Act (5 

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

Current actions: On May 31, 2017 the 

Federal Reserve published a notice in 

the Federal Register (82 FR 24970) 

requesting public comment for 60 days 

on the extension, without revision, of 

the Notification of Nonfinancial Data 

Processing Activities. The comment 

period for this notice expired on July 31, 

2017. The Board did not receive any 

comments. 

Board of Governors of the Federal Reserve 

System, August 30, 2017. 

Ann E. Misback, 

Secretary of the Board. 

[FR Doc. 2017–18694 Filed 9–1–17; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

[Docket No. OP–1557] 

Final Guidelines for Evaluating Joint 

Account Requests 

SUMMARY: Under the Federal Reserve 

Act (FRA), the Federal Reserve Banks 

(Reserve Banks) have the authority to 

open accounts for member banks and 

other eligible depository institutions 

(collectively, depository institutions). 

The Reserve Banks routinely open and 

maintain individual Federal Reserve 

accounts for eligible institutions. Joint 

accounts—those where the rights and 

liabilities are shared among multiple 

depository institution account-holders— 

have not in the past been available as a 

standard account option, but in limited 

cases the Reserve Banks have opened 

such accounts for specific purposes. The 

Board of Governors of the Federal 

Reserve System (Board) has approved 

final guidelines for evaluating requests 

for joint accounts at Reserve Banks 

intended to facilitate settlement 

between and among depository 

institutions participating in privatesector payment systems (private-sector 

arrangements). The guidelines broadly 

outline factors that will be considered in 

evaluating such requests, but are not 

intended to provide assurance that any 

specific arrangement would be granted 

a joint account. Requests will be 

evaluated on a case-by-case basis, with 

the type and extent of information 

necessary to evaluate a particular 

request likely dependent on the 

complexity of the arrangement. 

DATES: September 5, 2017. 

FOR FURTHER INFORMATION CONTACT: 

Susan V. Foley, Senior Associate 

Director (202–452–3596), Kylie Stewart, 

Manager (202–245–4207), or Ian C.B. 

Spear, Senior Financial Services 

Analyst (202–452–3959), Division of 

Reserve Bank Operations and Payment 

Systems; Gavin Smith, Counsel (202– 

452–3474), Legal Division; for users of 

Telecommunications Device for the Deaf 

(TDD) only, contact 202–263–4869. 

SUPPLEMENTARY INFORMATION: 

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