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FDIC Federal Register Citations
September 18, 2003 (Volume 68, Number 181)]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE CORPORATION
Office of Thrift Supervision
Agency Information Collection Activities: Proposed Extension of
Information Collection; Comment Request
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury;
Board of Governors of the Federal Reserve System (Board); Federal
Deposit Insurance Corporation (FDIC); and Office of Thrift Supervision
ACTION: Joint notice and request for comment.
SUMMARY: The OCC, Board, FDIC, and OTS (collectively, the Agencies), as
part of their continuing effort to reduce paperwork and respondent
burden, invite the general public and other Federal agencies to comment
on the proposed extension, without revision, of their continuing
information collections, as required by the Paperwork Reduction Act of
1995. The Agencies may not conduct or sponsor, and a respondent is not
required to respond to, an information collection unless it displays a
currently valid Office of Management and Budget (OMB) control number.
Currently, the Agencies are soliciting comment concerning the proposed
extension of OMB approval of the information collections contained in
their respective CRA Sunshine (Disclosure and Reporting of CRA-Related
DATES: Comments should be submitted by November 17, 2003.
ADDRESSES: Comments should be directed to the Agencies and the OMB Desk
Officer for the Agencies as follows:
OCC: Office of the Comptroller of the Currency, Public Information
Room, 250 E Street, SW., Mail Stop 1-5, Attention: 1557-0219,
Washington, DC 20219. Due to delays in delivery of paper mail in the
Washington area, commenters are encouraged to submit comments by fax or
electronic mail. Comments may be sent by fax to (202) 874-4448, or by
electronic mail to firstname.lastname@example.org. You can inspect and
photocopy comments at the OCC's Public Information Room. You can make
an appointment to inspect the comments by calling (202) 874-5043.
Board: Written comments may be mailed to Jennifer J. Johnson,
Secretary, Board of Governors of the Federal Reserve System, 20th
Street and Constitution Avenue, NW., Washington, DC 20551. However,
because paper mail in the Washington area and at the Board of Governors
is subject to delay, please consider submitting your comments by
electronic mail to email@example.com, or faxing them to
the Office of the Secretary at (202) 452-3819 or (202) 452-3102.
Members of the public may inspect comments in Room M-P-500 between 9
a.m. and 5 p.m. on weekdays pursuant to 261.12, except as provided in
261.14, of the Board's Rules
Regarding Availability of Information, 12 CFR 261.12 and 261.14.
FDIC: Steven F. Hanft, Paperwork Clearance Officer, Legal Division,
Room MB-3064, Attention: Comments/Legal Division, Federal Deposit
Insurance Corporation, 550 17th Street, NW., Washington, DC 20429. All
comments should refer to ``Community Reinvestment Act Regulation, 3064-
0092.'' Comments may be hand-delivered to the guard station at the rear
of the 550 17th Street Building (located on F Street), on business days
between 7 a.m. and 5 p.m. [Fax number (202) 898-3838; Internet address:
firstname.lastname@example.org.] Comments may be inspected and photocopied in the
FDIC Public Information Center, Room 100, 801 17th Street, NW.,
Washington, DC between 9 a.m. and 4:30 p.m. on business days.
OTS: Information Collection Comments, Chief Counsel's Office,
Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552,
Attention: 1550-0105, Fax number (202) 906-6518, or e-mail to
email@example.com. OTS will post comments and the
related index on the OTS Internet Site at http://www.ots.treas.gov. In
addition, interested persons may inspect comments at the Public Reading
Room, 1700 G Street, NW., by appointment. To make an appointment, call
(202) 906-5922, send an e-mail to firstname.lastname@example.org, or send a
facsimile transmission to (202) 906-7755.
OMB Desk Officer for the Agencies: Joseph F. Lackey, Jr., Office of
Information and Regulatory Affairs, Office of Management and Budget,
New Executive Office Building, Room 10235, Washington, DC 20503, or e-
mail to email@example.com.
FOR FURTHER INFORMATION CONTACT: You may request additional information
OCC: Jessie B. Dunaway, OCC Clearance Officer, (202) 874-5090,
Legislative and Regulatory Activities Division, Office of the
Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219.
Board: Cynthia Ayouch, Federal Reserve Board Clearance Officer,
(202) 452-3829, Division of Research and Statistics, Board of Governors
of the Federal Reserve System, 20th and C Streets, NW., M/S 41,
Washington, DC 20551.
FDIC: Steven F. Hanft, Paperwork Clearance Officer, (202) 898-3907,
Legal Division, Federal Deposit Insurance Corporation, 550 17th Street,
NW., Washington, DC 20429.
OTS: Marilyn K. Burton, OTS Clearance Officer, (202) 906-6467,
Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552.
OCC: Disclosure and Reporting of CRA-Related Agreements (12 CFR 35).
Board: Disclosure and Reporting Requirements of CRA-Related Agreements
FDIC: CRA Sunshine (12 CFR 346).
OTS: CRA Sunshine (12 CFR 533).
OMB Control Numbers:
Type of Review: Extension, without revision, of a currently
Form Number: None.
Abstract: This submission covers an extension of the Agencies'
currently approved information collections in their regulations (12 CFR
part 35 (OCC), 12 CFR part 207 (Board), 12 CFR part 346 (FDIC), and 12
CFR part 533 (OTS)). The submission involves no change to the
regulations or to the information collection requirements.
The information collection requirements contained in the
regulations are as follows:
Section --.6(b)(1) requires each nongovernmental entity or person
(NGEP) and each insured depository institution or affiliate (IDI) that
enters into a covered agreement to make a copy of the covered agreement
available to any individual or entity upon request.
Section --.6(c)(1) requires each NGEP that is a party to a covered
agreement to provide within 30 days after receiving a request from the
relevant supervisory agency (1) a complete copy of the agreement; and
(2) in the event the NGEP seeks confidential treatment of any portion
of the agreement under FOIA, a copy of the agreement that excludes
information for which confidential treatment is sought and an
explanation justifying the request.
Sections --.6(d)(1)(i) and --6(d)(1)(ii) require each IDI within 60
days of the end of each calendar quarter to provide each supervisory
agency with either (1) a complete copy of each covered agreement
entered into by the IDI or affiliate during the calendar quarter; and
in the event the IDI seeks confidential treatment of any portion of the
agreement under FOIA, a copy of the agreement that excludes information
for which confidential treatment is sought and an explanation
justifying the request; or (2) a list of all covered agreements entered
into by the IDI or affiliate during the calendar quarter.
Section --.6(d)(2) requires an IDI or affiliate to provide any
relevant supervisory agency with a complete copy and public version of
any covered agreement, if the IDI submits a list of their covered
agreements pursuant to section --.6(d)(1)(ii).
Section --.7(b) requires each NGEP and IDI that is a party to a
covered agreement to file an annual report with each relevant
supervisory agency concerning the disbursement, receipt, and uses of
funds or other resources under the covered agreement.
Section --.7(f)(2)(ii) requires an IDI that receives an annual
report from a NGEP pursuant to section --.7(f)(2)(i) to file the report
with the relevant supervisory agency or agencies on behalf of the NGEP
within 30 days.
Section --.4(b) requires an IDI that is party to a covered
agreement that concerns any activity described in section --4.(a) of a
CRA affiliate to notify each NGEP that is a party to the agreement that
the agreement concerns a CRA affiliate.
The agencies' proposed reduction in burden is due to a change in
the method of estimating the burden. The initial estimate was based on
the assumption that 50 percent of insured depository institutions
regulated by the agencies are party to one covered agreement. The new
estimate is more precise because it takes into account the actual
number of IDIs or their affiliates that reported covered agreements to
the agencies in 2001 and 2002. The number of NGEP respondents is based
on an assumption that one NGEP is a party to each covered agreement.
Affected Public: Businesses or other for-profit; individuals.
Estimated Number of Respondents:
OCC: 25 IDI; 337 NGEP
Board: 13 IDI; 78 NGEP
FDIC: 13 IDI; 36 NGEP
OTS: 24 IDI; 120 NGEP
Estimated Number of Responses:
Estimated Annual Burden Hours:
OCC: 3,899 hours
Board: 910 hours
FDIC: 501.6 hours
OTS: 1,416 hours
Frequency of Response: On occasion.
Comments submitted in response to this notice will be summarized in
the request for OMB approval. All
comments will become a matter of public record. Comments are invited
(a) Whether the collection is necessary for the proper performance
of the functions of the agency, including whether the information has
(b) The accuracy of the agency's estimate of the burden of the
collection of information;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the collection on respondents,
including through the use of automated collection techniques or other
forms of information technology; and
(e) Estimates of capital or startup costs and costs of operation,
maintenance, and purchase of services to provide information.
Dated: September 5, 2003.
Mark J. Tenhundfeld,
Assistant Director, Legislative and Regulatory Activities Division,
Office of the Comptroller of the Currency.
By order of the Board of Governors of the Federal Reserve
System, September 4, 2003.
Jennifer J. Johnson,
Secretary of the Board.
Dated at Washington, DC, this 5th day of September, 2003.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Dated: September 10, 2003.
By the Office of Thrift Supervision.
James E. Gilleran,
[FR Doc. 03-23802 Filed 9-17-03; 8:45 am]
BILLING CODE 4810-33-P, 6210-01-P, 6714-01-P, 6720-01-P
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