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FDIC Federal Register Citations

[Federal Register: August 12, 2005 (Volume 70, Number 155)]
[Notices]               
[Page 47201-47202]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr12au05-74]                         

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FEDERAL DEPOSIT INSURANCE CORPORATON

 
Agency Information Collection Activities: Submission for OMB 
Review; Comment Request; 3064-0022, 27, 29 & 61

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collections 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 
is submitting to the Office of Management and Budget (OMB) a request 
for OMB review and approval of the information collection systems 
described below.

DATES: Comments must be submitted on or before September 12, 2005.

ADDRESSES: Interested parties are invited to submit written comments on 
the collections of information entitled: (1) Uniform Application/
Uniform Termination for Municipal Securities Principal or 
Representative (3064-0022); (2) Request for Deregistration for 
Registered Transfer Agents (3064-0027); (3) Notification of Performance 
of Bank Services (3064-0029); and (4) Summary of Deposits (3064-0061).
    All comments should refer to the name and number of the collection. 
Comments may be submitted by any of the following methods:
     http://www.FDIC.gov/regulations/laws/federal/propose.html..     
E-mail: comments@fdic.gov. Include the name and number of 
the collection in the subject line of the message.
     Mail: Gary A. Kuiper (202.942.3824), Counsel, Federal 
Deposit Insurance Corporation, PA1730-3000, 550 17th Street, NW., 
Washington, DC 20429.
     Hand Delivery: 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.
    A copy of the comments may also be submitted to the OMB desk 
officer for the FDIC: Mark Menchik, Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 10235, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Gary A. Kuiper, at the address 
identified above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently 
approved collections of information:
    1. Title: Uniform Application/Uniform Termination for Municipal 
Securities Principal or Representative.
    OMB Number: 3064-0022. This OMB Number covers the following forms:

    Uniform Application for Municipal Securities Principal or 
Municipal Securities Representative Associated with a Bank Municipal 
Securities Dealer Form MSD-4.
    Uniform Termination Notice for Municipal Securities Principal or 
Municipal Securities Representative Associated with a Bank Municipal 
Securities Dealer Form MSD-5.

    Frequency of Response: On occasion.
    Affected Public: Business or other financial institutions.
    Estimated Number of Respondents: 75.
    Estimated Time per Response: 1 hour.
    Total Annual Burden: 75 hours.
    General Description of Collection: An insured state nonmember bank 
that serves as a municipal securities dealer must file Form MSD-4 or 
MSD-5, as applicable, to permit an employee to become associated or to 
terminate the association with the municipal securities dealer. FDIC 
uses the form to ensure compliance with the professional requirements 
for municipal securities dealers in accordance with the rules of the 
Municipal Securities Rulemaking Board.
    2. Title: Request for Deregistration for Registered Transfer 
Agents.
    OMB Number: 3064-0027.
    Form: Request for Deregistration, Registered Transfer Agent FDIC 
Form 6342/12.
    Frequency of Response: On occasion.
    Affected Public: Business or other financial institutions.
    Estimated Number of Respondents: 15.
    Estimated Time per Response: .42 hours.

[[Page 47202]]

    Total Annual Burden: 6.3 hours.
    General Description of Collection: An insured nonmember bank or a 
subsidiary of such a bank that functions as a transfer agent may 
withdraw from registration as a transfer agent by filing a written 
notice of withdrawal with the FDIC as provided by 12 CFR 341.5.

    3. Title: Notification of Performance of Bank Services.
    OMB Number: 3064-0029.
    Form: Notification of Performance of Bank Services FDIC Form 6120/
06.
    Frequency of Response: On occasion.
    Affected Public: Business or other financial institutions.
    Estimated Number of Respondents: 412.
    Estimated Time per Response: .5 hours.
    Total Annual Burden: 206 hours.
    General Description of Collection: Insured state nonmember banks 
are required to notify the FDIC, under section 7 of the Bank Service 
Corporation Act (12 U.S.C. 1867), of the relationship with a bank 
service corporation. Form FDIC 6120/06 (Notification of Performance of 
Bank Services) may be used by banks to satisfy the notification 
requirement.

    4. Title: Summary of Deposits.
    OMB Number: 3064-0061.
    Form: Summary of Deposits FDIC Form 8020/05.
    Frequency of Response: Annually.
    Affected Public: All insured financial institutions.
    Estimated Number of Respondents: 6,000.
    Average Estimated Time per Response: 3 hours.
    Total Annual Burden: 18,000 hours.
    General Description of Collection: The Summary of Deposits annual 
survey obtains data about the amount of deposits held at each office of 
all insured banks with branches in the United States. The survey data 
provides a basis for measuring the competitive impact of bank mergers 
and has additional use in banking research.

Request for Comment

    Comments are invited on: (a) Whether these collections of 
information are necessary for the proper performance of the FDIC's 
functions, including whether the information has practical utility; (b) 
the accuracy of the estimate of the burden of the information 
collections, 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 
information collections 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.

    Dated at Washington, DC, this 8th day of August 2005.

    Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 05-15964 Filed 8-11-05; 8:45 am]

BILLING CODE 6714-01-P
 
Last Updated 08/12/2005 regs@fdic.gov