60-Day Federal Register Notice

FR1 0084 Consumer Disclosures 86 FR 11771 February 25 2021.pdf

Account Based Disclosures in Connection with Consumer Financial Protection Bureau Regulations E and DD and Federal Reserve Regulation CC

60-Day Federal Register Notice

OMB: 3064-0084

Document [pdf]
Download: pdf | pdf
11771

Federal Register / Vol. 86, No. 37 / Friday, February 26, 2021 / Notices
pursuant to current rule section 9.10(h),
all CMRS providers and other entities
responsible for transporting confidence
and uncertainty data between the
wireless carriers and PSAPs, including
LECs, CLECs, owners of E911 networks,
and emergency service providers
(collectively, System Service Providers
(SSPs)) must continue to provide
confidence and uncertainty data of
wireless 911 calls to Public Safety
Answering Points (PSAP) on a per call
basis upon a PSAP’s request. New
stand-alone wireless carriers also incur
this obligation. The transport of the
confidence and uncertainty data is
needed to ensure the delivery of
accurate location information with E911
service.
Federal Communications Commission.
Marlene Dortch,
Secretary, Office of the Secretary.
[FR Doc. 2021–04029 Filed 2–25–21; 8:45 am]
BILLING CODE 6712–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
[OMB No. 3064–0082 –0084]

Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:

The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995 (PRA), invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of the existing
information collections described below
(OMB Control No. 3064–0082; –0084).
DATES: Comments must be submitted on
or before April 27, 2021.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• https://www.FDIC.gov/regulations/
laws/federal.
• Email: comments@fdic.gov. Include
the name and number of the collection
in the subject line of the message.
• Mail: Manny Cabeza (202–898–
3767), Regulatory Counsel, MB–3128,
Federal Deposit Insurance Corporation,
550 17th Street NW, Washington, DC
20429.
SUMMARY:

• Hand Delivery: Comments may be
hand-delivered to the guard station at
the rear of the 17th Street building
(located on F Street), on business days
between 7:00 a.m. and 5:00 p.m.
All comments should refer to the
relevant OMB control number. A copy
of the comments may also be submitted
to the OMB desk officer for the FDIC:
Office of Information and Regulatory
Affairs, Office of Management and
Budget, New Executive Office Building,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Manny Cabeza, Regulatory Counsel,
202–898–3767, mcabeza@fdic.gov, MB–
3128, Federal Deposit Insurance
Corporation, 550 17th Street NW,
Washington, DC 20429.
SUPPLEMENTARY INFORMATION: Proposal
to renew the following currently
approved collections of information:
1. Title: Recordkeeping, Disclosure
and Reporting Requirements in
Connection with Regulation Z.
OMB Number: 3064–0082.
Form Number: None.
Affected Public: FDIC-supervised
institutions.
Burden Estimate: The total estimated
annual burden is 2,395,630 hours (36
hours estimated implementation
burden, plus 2,395,594 hours estimated
ongoing burden). The burden estimate is
detailed on the following tables:

IMPLEMENTATION (ONE-TIME) BURDEN ESTIMATE
Obligation to respond/
type of burden

Estimated
average
number
of credit
accounts

Estimated
number of
respondents1

Frequency
of response

Number of
responses

Estimated
time per
response
(minutes)

Total
estimated
annual
burden
(hours)

Open-End Credit Products
• Not Home-Secured Open-End Credit Plans
Credit and Charge Card Provisions:
Timely
Settlement
of
Estate
Debts
(1026.11(c)(1)) Written Policies and Procedures.
Ability to Pay (1026.51(a)(ii)) Written Policies
and Procedures.

Mandatory Recordkeeping.

1

N/A

1

1

480.00

8

Mandatory Recordkeeping.

1

N/A

1

1

480.00

8

Mortgage Products (Open and Closed-End)
• Valuation Independence
Mandatory Reporting:
Implementation of Policies and Procedures
(1026.42(g)).

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Total Estimated Implementation Burden

Mandatory Recordkeeping.
.......................................

1 FDIC estimates that all existing FDIC-supervised
institutions have implemented the policies and
procedures required by Regulation Z and will only

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1

N/A

1

0

1,200.00

20

....................

....................

....................

....................

....................

36

face the estimated ongoing (transaction) burdens
reflected in the Ongoing Burden Estimate table. The
respondent count of 1 is intended as a placeholder

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for the associated burden estimate to account for
any institution(s) that may become subject to the
information collection requirements in the future.

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11772

Federal Register / Vol. 86, No. 37 / Friday, February 26, 2021 / Notices
ONGOING BURDEN ESTIMATE
Obligation to respond/
type of burden

Estimated
number of
respondents1

Estimated
average
number
of credit
accounts

Frequency
of response

Number of
responses

Estimated
time per
response
(minutes)

Total
estimated
annual
burden
(hours)

Open-End Credit Products
• Not Home-Secured Open-End Credit Plans
General Disclosure Rules for Not Home-Secured
Open-End Credit Plans:
Credit and Charge Card Applications and
Solicitations (1026.60).
Account Opening Disclosures (1026.6(b)) .....
Periodic Statements (1026.7(b)) ....................
Annual
Statement
of
Billing
Rights
(1026.9(a)(1)).
Alternative Summary Statement of Billing
Rights (1026.9(a)(2)).
Change in Terms Disclosures (1026.9(b)
through (h)).
Credit and Charge Card Provisions:
Timely
Settlement
of
Estate
Debts
(1026.11(c)(2)).
Ability to Pay (1026.51) ..................................
College Student Credit Annual Report
(1026.57(d)).
Submission of Credit Card Agreements
(1026.58(c)).
Internet Posting of Credit Card Agreements
(1026.58(d)).
Individual
Credit
Card
Agreements
(1026.58(e)).

Mandatory Disclosure ...

634

N/A

1

634

480.00

5,072

Mandatory Disclosure ...
Mandatory Disclosure ...
Mandatory Disclosure ...

634
634
317

N/A
N/A
N/A

1
12
1

634
7,608
317

720.00
480.00
480.00

7,608
60,864
2,536

Voluntary Disclosure .....

317

N/A

12

3,804

480.00

30,432

Mandatory Disclosure ...

634

N/A

1

634

480.00

5,072

Mandatory Disclosure ...

634

428

1

271,352

5.00

22,613

Mandatory Recordkeeping.
Mandatory Reporting ....

634

N/A

1

634

720.00

7,608

634

N/A

1

634

480.00

5,072

Mandatory Reporting ....

634

N/A

4

2,536

180.00

7,608

Mandatory Disclosure ...

634

N/A

4

2,536

360.00

15,216

Mandatory Disclosure ...

634

125

1

79,250

15.00

19,813

• Home Equity Open-End Credit Plans (HELOC)
• General Disclosure Rules for HELOC’s:
Application Disclosures (1026.40) ..................
Account Opening Disclosures (1026.6(a)) .....
Periodic Statements (1026.7(a)) ....................
Annual
Statement
of
Billing
Rights
(1026.9(a)(1)).
Alternative Summary Statement of Billing
Rights (1026.9(a)(2)).
Change in Terms Disclosures (1026.9(b)
through (h)).
Notice to Restrict Credit (1026.9(c)(1)(iii);
.40(f)(3)(i) and (vi)).

Mandatory
Mandatory
Mandatory
Mandatory

Disclosure
Disclosure
Disclosure
Disclosure

...
...
...
...

2,717
2,717
2,717
2,717

N/A
N/A
N/A
N/A

1
1
1
1

2,717
2,717
2,717
2,717

720.00
720.00
480.00
480.00

32,604
32,604
21,736
21,736

Voluntary Disclosure .....

2,717

N/A

1

2,717

480.00

21,736

Mandatory Disclosure ...

2,717

N/A

1

2,717

480.00

21,736

Mandatory Disclosure ...

2,717

N/A

1

2,717

120.00

5,434

2,963

1

10,737,912

1.0

178,965

N/A

1

1

720.00

12

• All Open-End Credit Plans
Error Resolution (1026.13) .............................

Mandatory Disclosure ...

3,624

Closed-End Credit Products
• General Rules for Closed-End Credit
Other than Real Estate, Home-Secured and Private Education Loans (1026.17 and .18).

Mandatory Disclosure ...

1

khammond on DSKJM1Z7X2PROD with NOTICES

• Closed-End Mortgages
Application and Consummation:
Loan Estimate (1026.19(e); and .37) .............
Closing Disclosure (1026.19(f); and .38) .......
Record Retention of Disclosures (1026.19(e),
(f); .37; and .38).
Post-Consummation Disclosures:
Interest Rate and Payment Summary
(1026.18(s)).
No Guarantee to Refinance Statement
(1026.18(t)).
ARMs Rate Adjustments with Payment
Change Disclosures (1026.20(c)).
Initial Rate Adjustment Disclosure for ARMs
(1026.20(d)).
Escrow Cancellation Notice (1026.20(e)) ......
Periodic Statements (1026.41) .......................
Ability to Repay Requirements:
Minimum Standards (1026.43(c) through (f))
Prepayment Penalties (1026.43(g)) ...............

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Jkt 253001

Mandatory Disclosure ...
Mandatory Disclosure ...
Mandatory Recordkeeping.

3,628
3,628
3,628

N/A
N/A
N/A

1
1
1

3,628
3,628
3,628

480.00
480.00
18.00

29,024
29,024
1,088

Mandatory Disclosure ...

3,628

N/A

1

3,628

2,400.00

145,120

Mandatory Disclosure ...

3,628

N/A

1

3,628

480.00

29,024

Mandatory Disclosure ...

3,628

N/A

1

3,628

90.00

5,442

Mandatory Disclosure ...

3,628

N/A

1

3,628

120.00

7,256

Mandatory Disclosure ...
Mandatory Disclosure ...

3,628
3,628

N/A
N/A

1
1

3,628
3,628

480.00
480.00

29,024
29,024

Mandatory Recordkeeping.
Mandatory Disclosure ...

3,628

926

1

3,359,528

15.00

839,882

3,628

16

1

58,048

12.00

11.610

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11773

Federal Register / Vol. 86, No. 37 / Friday, February 26, 2021 / Notices
ONGOING BURDEN ESTIMATE—Continued
Obligation to respond/
type of burden

Estimated
average
number
of credit
accounts

Estimated
number of
respondents1

Frequency
of response

Number of
responses

Estimated
time per
response
(minutes)

Total
estimated
annual
burden
(hours)

Mortgage Products (Open and Closed-End)
• Mortgage Servicing Disclosures
Payoff Statements:.
Payoff Statements (1026.36(c)(3)) .................
Notice of Sale or Transfer:
Notice of Sale or Transfer (1026.39) .............

Mandatory Disclosure ...

3,628

N/A

1

3,628

480.00

29,024

Mandatory Disclosure ...

3,628

N/A

1

3,628

480.00

29,204

1

1

3,628

10.00

605

N/A

1

14

1,440.00

336

N/A

1

3,628

14.00

847

• Valuation Independence
Mandatory Reporting:
Reporting
Appraiser
(1026.42(g)).

Noncompliance

Mandatory Reporting ....

3,628

Reverse and High-Cost Mortgages
• Reverse Mortgages
Reverse Mortgage Disclosures:
Reverse
Mortgage
(1026.31(c)(2) and .33).

Disclosures

Mandatory Disclosure ...

14

• High-Cost Mortgage Loans
HOEPA Disclosures and Notice:
HOEPA Disclosures and Notice (1026.32(c)

Mandatory Disclosure ...

3,628

Private Education Loans
• Initial Disclosures
Application and Solicitation Disclosures:
Application
or
Solicitation
Disclosures
(1026.47(a)).
Approval Disclosures:
Approval Disclosures (1026.47(b)) .................
Final Disclosures:
Final Disclosures (1026.47(c)) .......................

Mandatory Disclosure ...

3,561

N/A

1

3,561

3,600.00

213,660

Mandatory Disclosure ...

3,561

N/A

1

3,561

3,600.00

213,660

Mandatory Disclosure ...

3,561

N/A

1

3,561

3600.00

213,660

Advertising Rules
• All Credit Types
Open-End Credit:
Open-End Credit (1026.16) ............................
Closed-End Credit:
Closed-End Credit (1026.24) .........................

Mandatory Disclosure ...

3,624

5

1

18,120

20.00

6,040

Mandatory Disclosure ...

3,628

5

1

18,140

20.00

6,047

3,652

N/A

1

3,652

18.00

1,096

....................
....................

....................
....................

....................
....................

....................
....................

....................
....................

2,395,594
2,395,630

Record Retention
• Evidence of Compliance
Regulation Z in General (1026.25) ................

khammond on DSKJM1Z7X2PROD with NOTICES

Total Estimated Ongoing Burden ............
Total Estimated Annual Burden ..............

Mandatory Recordkeeping.
.......................................
.......................................

General Description of Collection:
Consumer Financial Protection Bureau
(CFPB) Regulation Z—12 CFR 1026
implements the Truth in Lending Act
(15 U.S.C. 1601, et seq.) and certain
provisions of the Real Estate Settlement
Procedures Act (12 U.S.C. 2601 et seq.).
This regulation prescribes uniform
methods for computing the cost of
credit, the disclosure of credit terms and
costs, the resolution of errors and
imposes various other recordkeeping,
reporting and disclosure requirements.
The FDIC has enforcement authority on
the requirements of the CFPB’s
Regulation over the financial

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Jkt 253001

institutions it supervises. This
information collection captures the
recordkeeping, reporting and disclosure
burdens of Regulation Z on FDICsupervised institutions.
To arrive at the estimated annual
burden the FDIC assessed the number of
potential respondents to the information
collection by identifying the number of
FDIC-supervised institutions who
reported activity that would be within
the scope of the information collection
requirements according to data from the
most recent CALL Report. Additionally,
the FDIC estimated the frequency of
responses to the recordkeeping,

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reporting, or disclosure requirements by
assessing the dollar volume of activity
that would be within the scope of the
information collection. In some
instances the FDIC used information
provided by other sources to estimate
the magnitude and scope of activity
attributable to FDIC-supervised
institutions when more immediate
information sources did not exist.
2. Title: Account Based Disclosures in
Connection with Consumer Financial
Protection Bureau Regulations E and DD
and Federal Reserve Regulation CC.
OMB Number: 3064–0084.
Form Number: None.

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11774

Federal Register / Vol. 86, No. 37 / Friday, February 26, 2021 / Notices

Affected Public: FDIC-supervised
institutions.

Burden Estimate:

SUMMARY OF ANNUAL BURDEN
Type of
burden

Estimated
number of
respondents

Obligation
to respond

Estimated
time per
response
(hours)

Estimated
frequency

Frequency
of response

Total annual
estimated
burden

Reg. E—12 C.F.R. Part 1005
Initial disclosures:
General (1005.7(b)) .........................................
Payroll cards (1005.18(c)(1)) ...........................
Change-in-terms (1005.8(a)) ..................................
Transaction disclosures (sections 1005.9(a) and
1005.10).
Periodic statements (section 1005.9(b)) .................
Error resolution rules:
General (1005.8(b) and 1005.11) ....................
Payroll cards (1005.18) ...................................
Overdraft opt-in disclosures (1005.17, FRB
R–1343):
Revise and update initial disclosures
(1005.17(c)(2)) for new customers.
Prepare and send new opt-in notices to existing customers (1005.17(c)(1)).
Consumer response (section 1005.17) ...........
Gift card/gift certificate (section 1005.20, FRB R–
1377):
Exclusion policies & procedures
(1005.20(b)(2)) one-time.
Exclusion policies & procedures
(1005.20(b)(2)) ongoing.
Policy & procedures (1005.20(e)(1)) one-time
Policy & procedures (1005.20(e)(1)) ongoing
Systems change to implement disclosure update (1005.20(e)(3)).

Disclosure
Disclosure
Disclosure
Disclosure

......
......
......
......

Mandatory .....
Mandatory .....
Mandatory .....
.......................

3,674
6
3,674
......................

0.025
0.025
0.017
......................

83
5,000
113
......................

On Occasion
On Occasion
On Occasion
.......................

7,624
750
6,919
0

Disclosure ......

.......................

......................

......................

......................

.......................

0

Disclosure ......
Disclosure ......

Mandatory .....
Mandatory .....

3,674
6

0.500
0.500

3
8

On Occasion
On Occasion

5,511
24

Disclosure ......

Mandatory .....

3,625

16.000

1

On Occasion

58,000

Disclosure ......

Mandatory .....

3,625

16.000

1

On Occasion

58,000

Recordkeeping

Voluntary ......

3,625

0.083

7,207

On Occasion

2,177,115

Recordkeeping

Mandatory .....

6

40.000

1

On Occasion

240

Recordkeeping

Mandatory .....

6

8.000

1

On Occasion

48

Recordkeeping
Recordkeeping
Disclosure ......

Mandatory .....
Mandatory .....
Mandatory .....

6
6
6

40.000
8.000
40.000

1
1
1

On Occasion
On Occasion
On Occasion

240
48
240

........................

.......................

......................

......................

......................

khammond on DSKJM1Z7X2PROD with NOTICES

Subtotal Reg. E Burden ...........................

General Description of Collection:
Regulations E & DD (Consumer
Financial Protection Bureau’s
Regulations) and Regulation CC (the
Federal Reserve’s Regulation) ensure
adequate disclosures regarding
accounts, including electronic fund
transfer services, availability of funds,
and fees and annual percentage yield for
deposit accounts. Generally, the
Regulation E disclosures are designed to
ensure consumers receive adequate
disclosure of basic terms, costs, and
rights relating to electronic fund transfer
(EFT) services provided to them so that
they can make informed decisions.
Institutions offering EFT services must
disclose to consumers certain
information, including: Initial and
updated EFT terms, transaction
information, the consumer’s potential
liability for unauthorized transfers, and
error resolution rights and procedures.
Like Regulation E, Regulation CC has
consumer protection disclosure
requirements. Specifically, Regulation
CC requires depository institutions to
make funds deposited in transaction
accounts available within specified time
periods, disclose their availability
policies to customers, and begin
accruing interest on such deposits
promptly. The disclosures are intended

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18:20 Feb 25, 2021

Jkt 253001

to alert customers that their ability to
use deposited funds may be delayed,
prevent unintentional (and costly)
overdrafts, and allow customers to
compare the policies of different
institutions before deciding at which
institution to deposit funds. Depository
institutions must also provide an
awareness disclosure regarding
substitute checks. The regulation also
requires notice to the depositary bank
and to a customer of nonpayment of a
check. Regulation DD also has similar
consumer protection disclosure
requirements that are intended to assist
consumers in comparing deposit
accounts offered by institutions,
principally through the disclosure of
fees, the annual percentage yield, and
other account terms. Regulation DD
requires depository institutions to
disclose yields, fees, and other terms
concerning deposit accounts to
consumers at account opening, upon
request, and when changes in terms
occur. Depository institutions that
provide periodic statements are required
to include information about fees
imposed, interest earned, and the
annual percentage yield (APY) earned
during those statement periods. It also
contains rules about advertising deposit
accounts. There is no change in the

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.......................

2,314,759

method or substance of the collection.
The overall reduction in burden hours
is the result of economic fluctuation and
the reduced number of FDIC-supervised
institutions since the last submission in
2014. In particular, the number of
respondents has decreased while the
hours per response and frequency of
responses have remained the same.
Request for Comment
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collection,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the collection of information
on respondents, including through the
use of automated collection techniques
or other forms of information
technology. All comments will become
a matter of public record.
Federal Deposit Insurance Corporation.

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Federal Register / Vol. 86, No. 37 / Friday, February 26, 2021 / Notices
Dated at Washington, DC, on February 23,
2021.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2021–04046 Filed 2–25–21; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL ELECTION COMMISSION
Sunshine Act Meeting
FEDERAL REGISTER CITATION NOTICE OF
PREVIOUS ANNOUNCEMENT:86 FR 10074.
PREVIOUSLY ANNOUNCED TIME AND DATE OF
THE MEETING: Tuesday, February 23,

2021 at 10:00 a.m. and its continuation
at the conclusion of the open meeting
on February 25, 2021.
CHANGES IN THE MEETING: This meeting
will also discuss: Information the
premature disclosure of which would be
likely to have a considerable adverse
effect on the implementation of a
proposed Commission action.
*
*
*
*
*
CONTACT FOR MORE INFORMATION: Judith
Ingram, Press Officer, Telephone: (202)
694–1220.
Vicktoria J. Allen,
Acting Deputy Secretary of the Commission.
[FR Doc. 2021–04167 Filed 2–24–21; 4:15 pm]
BILLING CODE 6715–01–P

FEDERAL MARITIME COMMISSION

khammond on DSKJM1Z7X2PROD with NOTICES

Notice of Agreements Filed
The Commission hereby gives notice
of the filing of the following agreement
under the Shipping Act of 1984.
Interested parties may submit
comments, relevant information, or
documents regarding the agreements to
the Secretary by email at Secretary@
fmc.gov, or by mail, Federal Maritime
Commission, Washington, DC 20573.
Comments will be most helpful to the
Commission if received within 12 days
of the date this notice appears in the
Federal Register. Copies of agreements
are available through the Commission’s
website (www.fmc.gov) or by contacting
the Office of Agreements at (202) 523–
5793 or tradeanalysis@fmc.gov.
Agreement No.: 201355.
Agreement Name: NPDL/PFLG Slot
Charter Agreement.
Parties: Pacific Forum Line (Group)
Limited and Neptune Pacific Direct Line
Pte. Ltd.
Filing Party: David Monroe; GKG Law,
P.C.
Synopsis: The Agreement authorizes
Neptune Pacific Direct Line to charter
space to Pacific Forum Line Group in
the South Pacific trades.

VerDate Sep<11>2014

18:20 Feb 25, 2021

Jkt 253001

Proposed Effective Date: 2/16/2021.
Location: https://www2.fmc.gov/
FMC.Agreements.Web/Public/
AgreementHistory/39509.
Agreement No.: 201356.
Agreement Name: PFLG/NPDL Slot
Charter Agreement.
Parties: Pacific Forum Line (Group)
Limited and Neptune Pacific Direct Line
Pte. Ltd.
Filing Party: David Monroe; GKG Law,
P.C.
Synopsis: The Agreement authorizes
Pacific Forum Line Group to charter
space to Neptune Pacific Direct Line in
the South Pacific trades.
Proposed Effective Date: 2/16/2021.
Location: https://www2.fmc.gov/
FMC.Agreements.Web/Public/
AgreementHistory/39510.
Agreement No.: 012161–003.
Agreement Name: Siem Car Carriers
AS/Hyundai Glovis Co., Ltd. Space
Charter Agreement.
Parties: Siem Car Carriers AS and
Hyundai Glovis Co., Ltd.
Filing Party: Elizabeth Lowe; Venable
LLP.
Synopsis: The amendment updates
the geographic scope of the Agreement,
clarifies the terms of charter, and makes
administrative updates to the
Agreement.
Proposed Effective Date: 2/19/2021.
Location: https://www2.fmc.gov/
FMC.Agreements.Web/Public/
AgreementHistory/317.
Agreement No.: 010979–066.
Agreement Name: Caribbean
Shipowners Association.
Parties: Seaboard Marine, Ltd.;
Crowley Caribbean Services LLC;
Tropical Shipping & Construction
Company Limited, LLC;, Hybur Ltd.;
and King Ocean Services Limited.
Filing Party: Wayne Rohde; Cozen
O’Connor.
Synopsis: The amendment changes
the name of Tropical Shipping and
Construction.
Proposed Effective Date: 2/16/2021.
Location: https://www2.fmc.gov/
FMC.Agreements.Web/Public/
AgreementHistory/1194.
Agreement No.: 011953–014.
Agreement Name: Florida Shipowners
Group Agreement.
Parties: Crowley Caribbean Services
LLC; Hybur Ltd.; King Ocean Services
Limited; Seaboard Marine, Ltd.; and
Tropical Shipping & Construction
Company Limited, LLC.
Filing Party: Wayne Rohde; Cozen
O’Connor.
Synopsis: The amendment changes
the name of Tropical Shipping and
Construction and deletes CMA CGM
and Zim Integrated Shipping Services as
parties to the agreement.

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Proposed Effective Date: 2/16/2021.
Location: https://www2.fmc.gov/
FMC.Agreements.Web/Public/
AgreementHistory/521.
Dated: February 22, 2021.
Rachel E. Dickon,
Secretary.
[FR Doc. 2021–03956 Filed 2–25–21; 8:45 am]
BILLING CODE 6730–02–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 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 the BHC Act
(12 U.S.C. 1842(c)).
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 March 29, 2021.
A. Federal Reserve Bank of Atlanta
(Kathryn Haney, Assistant Vice
President) 1000 Peachtree Street NE,
Atlanta, Georgia 30309. Comments can
also be sent electronically to
Applications.Comments@atl.frb.org:
1. Sunstate Bancshares, Inc., Miami,
Florida; to become a bank holding
company by acquiring Sunstate Bank,
also of Miami, Florida.

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