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Federal Register / Vol. 72, No.

17 / Friday, January 26, 2007 / Notices 3849

amount of capital stock a member must C. Comment Request must be received at the Reserve Bank
purchase to maintain membership in The Finance Board requests written indicated or the offices of the Board of
and to obtain services from a Bank. comments on the following: (1) Whether Governors not later than February 20,
More specifically, sections 931.3 and the collection of information is 2007.
933.2(a) of the Finance Board rules necessary for the proper performance of A. Federal Reserve Bank of San
authorize a Bank to offer its members Finance Board functions, including Francisco (Tracy Basinger, Director,
several options to satisfy required whether the information has practical Regional and Community Bank Group)
investments in capital stock as activity- utility; (2) the accuracy of the Finance 101 Market Street, San Francisco,
based and/or membership stock Board’s estimates of the burdens of the California 94105–1579:
purchase requirements. 12 CFR 931.3 collection of information; (3) ways to 1. Western Alliance Bancorporation,
and 933.2(a). The information collection enhance the quality, utility, and clarity Las Vegas, Nevada; to be merged with
is necessary to provide the Banks with of the information collected; and (4) First Independent Capital of Nevada,
the flexibility to meet the statutory and ways to minimize the burden of the Reno, Nevada, and thereby indirectly
regulatory capital structure collection of information on acquire First Independent Bank of
requirements while allowing Bank respondents, including through the use Nevada, Reno, Nevada.
members to choose the option best of automated collection techniques or Board of Governors of the Federal Reserve
suited to their business requirements. other forms of information technology. System, January 22, 2007.
The OMB control number for the Dated: January 23, 2007. Robert deV. Frierson,
information collection is 3069–0059, By the Federal Housing Finance Board. Deputy Secretary of the Board.
and it is due to expire on February 28, Neil R. Crowley, [FR Doc. E7–1128 Filed 1–25–07; 8:45 am]
2007. The likely respondents include BILLING CODE 6210–01–S
Deputy General Counsel.
Banks and Bank members.
[FR Doc. E7–1267 Filed 1–25–07; 8:45 am]
B. Burden Estimate BILLING CODE 6725–01–P
DEPARTMENT OF HEALTH AND
While the number of member HUMAN SERVICES
respondents has increased, the burden
FEDERAL RESERVE SYSTEM Office of the Secretary
has decreased significantly because the
Banks can access most of the data Formations of, Acquisitions by, and [Document Identifier: OS–04040–0003; 60-
required by the information collection Mergers of Bank Holding Companies day notice]
electronically from call reports the
members already must file with their The companies listed in this notice Agency Information Collection
primary regulator. The estimate for the have applied to the Board for approval, Activities: Proposed Collection;
total annual hour burden for all member pursuant to the Bank Holding Company Comment Request
respondents is 35,100 hours. The Act of 1956 (12 U.S.C. 1841 et seq.)
estimate for the total annual cost burden (BHC Act), Regulation Y (12 CFR Part Agency: Office of the Secretary, HHS.
is $1,509,300. These estimates are based 225), and all other applicable statutes In compliance with the requirement
on the following calculations: and regulations to become a bank of section 3506(c)(2)(A) of the
holding company and/or to acquire the Paperwork Reduction Act of 1995, the
The Finance Board estimates the total Grants.gov Program Management Office,
assets or the ownership of, control of, or
annual average number of member one of the 26 E-Government initiatives,
the power to vote shares of a bank or
respondents for activity-based stock managed by the Department of Health
bank holding company and all of the
purchase requirements at 5,500, with 4 and Human Services is publishing the
banks and nonbanking companies
responses per member. The estimate for following summary of proposed
owned by the bank holding company,
the average hours per response is 0.65 collection for public comment.
including the companies listed below.
hours. The estimate for member The applications listed below, as well Interested individuals are invited to
respondents’ annual hour burden as other related filings required by the send comments regarding any aspect of
related to activity-based stock purchase Board, are available for immediate this collection of information or any
requirements is 14,300 hours (5,500 inspection at the Federal Reserve Bank other aspect of this collection of
activity-based member respondents x 4 indicated. The application also will be information, including any of the
responses per member x 0.65 hours per available for inspection at the offices of following subjects: (1) The necessity and
response). The estimate for the annual the Board of Governors. Interested utility of the proposed information
cost burden is $614,900 (14,300 hours x persons may express their views in collection for the proper performance of
$43 hourly rate). writing on the standards enumerated in the agency’s functions; (2) the accuracy
The Finance Board estimates the total the BHC Act (12 U.S.C. 1842(c)). If the of the estimated burden; (3) ways to
annual average number of member proposal also involves the acquisition of enhance the quality, utility, and clarity
respondents for membership stock a nonbanking company, the review also of the information to be collected; and
purchase requirements at 8,000, with 4 includes whether the acquisition of the (4) the use of automated collection
responses per member. The estimate for nonbanking company complies with the techniques or other forms of information
the average hours per response is 0.65 standards in section 4 of the BHC Act technology to minimize the information
hours. The estimate for member (12 U.S.C. 1843). Unless otherwise collection burden.
respondents’ annual hour burden noted, nonbanking activities will be Type of Information Collection
related to membership stock purchase conducted throughout the United States. Request: Extension.
requirements is 20,800 hours (8,000 Additional information on all bank Title of Information Collection: SF–
sroberts on PROD1PC70 with NOTICES

membership investment member holding companies may be obtained 424 Short Organizational.
respondents x 4 responses per member from the National Information Center Form/OMB No.: 4040–0003.
x 0.65 hours per response). The estimate website at http://www.ffiec.gov/nic/. Use: The SF–424 (short) is a
for the annual cost burden is $894,400 Unless otherwise noted, comments simplified, alternative government-wide
(20,800 hours x $43 hourly rate). regarding each of these applications data set and application cover page for

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