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FDIC Federal Register Citations

[Federal Register: November 19, 2002 (Volume 67, Number 223)]
[Notices]               
[Page 69743]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr19no02-70]                         

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FEDERAL DEPOSIT INSURANCE CORPORATION

 
Agency Information Collection Activities: Submission for OMB Review; Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collection to be submitted to OMB for 
review and approval under the Paperwork Reduction Act of 1995.

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SUMMARY: In accordance with requirements of the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.), the FDIC hereby gives notice that it 
plans to submit to the Office of Management and Budget (OMB) a request 
for OMB review and approval of the following information collection 
systems described below.
    1. Type of Review: Renewal of a currently approved collection.
    Title: Interagency Biographical and Financial Report.
    OMB Number: 3064-0006.

Annual Burden

    Estimated annual number of respondents: 2,040.
    Estimated time per response: 4 hours.
    Total annual burden hours: 8,160 hours.
    Expiration Date of OMB Clearance: December 31, 2002.

SUPPLEMENTARY INFORMATION: The Interagency Biographical and Financial 
Report is submitted to the FDIC by each individual director or officer 
of a proposed or operating financial institution applying for federal 
deposit insurance as a state nonmember bank. The information is used by 
the FDIC to evaluate the general character of bank management as 
required by the Federal Deposit Insurance Act.
    2. Type of Review: Renewal of a currently approved collection.
    Title: External Audits.
    OMB Number: 3064-0113.

Annual Burden

    Estimated number of responses: 1,215 (insured institutions with 
assets of $500 million or more); 15,033 (insured institutions with 
assets less than $500 million)
    Estimated time per response: 32 hours (insured institutions with 
assets of $500 million or more); 3/4 hours (insured institutions with 
assets less than $500 million).
    Total annual burden hours: 42,639 hours.
    Expiration Date of OMB Clearance: December 31, 2002.

SUPPLEMENTARY INFORMATION: Section 36 of the Federal Deposit Insurance 
Act imposes auditing and reporting requirements on insured depository 
institutions which have total assets of $500 million or more. An 
interagency policy statement extended those requirements on a voluntary 
basis to institutions with less than $500 million.
    OMB Reviewer: Joseph F. Lackey, Jr. (202) 395-4741, Office of 
Management and Budget, Office of Information and Regulatory Affairs, 
Washington, DC 20503.
    FDIC Contact: Tamara R. Manly, (202) 898-7453, Legal Division, Room 
MB-3109, Federal Deposit Insurance Corporation, 550 17th Street NW., 
Washington, DC 20429.
    Comments: Comments on these collections of information are welcome 
and should be submitted on or before December 19, 2002 to both the OMB 
reviewer and the FDIC contact listed above.

ADDRESSES: Information about this submission, including copies of the 
proposed collections of information, may be obtained by calling or 
writing the FDIC contact listed above.

    Dated: November 13, 2002.

Federal Deposit Insurance Corporation:
Valerie Best,
Assistant Executive Secretary.
[FR Doc. 02-29273 Filed 11-18-02; 8:45 am]
BILLING CODE 6714-01-P

Last Updated 11/18/2002 regs@fdic.gov