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FDIC Federal Register Citations
[Federal Register: August 11, 2006 (Volume 71, Number 155)]
[Notices]              
[Page 46228-46229]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr11au06-71]                        

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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 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
plans to submit to the Office of Management and Budget (OMB) a request
for OMB review and approval of the information collection systems
identified below:
    1. Certification of Eligibility Under the Affordable Housing
Program (3064-0116);
    2. Notice Regarding Unauthorized Access to Customer Information
(3064-0145);
    3. Mutual-to-Stock Conversions of State Savings Banks (3064-0117);
    4. Privacy of Consumer Financial Information (3064-0136); and
    5. Applicant Background Questionnaire (3064-0138).

DATES: Comments must be submitted on or before September 11, 2006.

ADDRESSES: Interested parties are invited to submit written comments by
any of the following methods. All comments should refer to the name and
number of the collection:  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: Steve Hanft (202-898-3907), Paperwork Control
Officer, Federal Deposit Insurance Corporation, 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, Office of Information and Regulatory Affairs,
Office of Management and Budget, New Executive Office Building,
Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Steve Hanft, at the address identified
above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently
approved collections of information:
    1. Title: Certification of Eligibility Under the Affordable Housing
Program.
    OMB Number: 3064-0116.
    Form Number: None.
    Frequency of Response: On occasion.
    Affected Public: Individuals wishing to purchase affordable housing
properties from the FDIC.
    Estimated Number of Respondents: 12.
    Estimated Time per Response:1 hour.
    Total Annual Burden: 12 hours.
    General Description of Collection: This collection of information
certifies income eligibility under the affordable housing program. The
certification assists the FDIC in determining an individual(s
eligibility for purchasing affordable housing properties from the FDIC.

    2. Title: Notice Regarding Unauthorized Access to Customer
Information.
    OMB Number: 3064-0145.
    Form Number: None.
    Frequency of Response: On occasion.
    Affected Public: Insured state nonmember banks.
     Number of Respondents: 5,200.
     Estimated Time per Response:
    Developing notices: 24 hrs. x 5,200 = 124,800 hours.
     Notifying customers: 29 hrs. x 91 = 2,639 hours.

     Total Estimated Annual Burden: 127,439 hours.

    General Description of Collection: This collection reflects the
FDIC's expectations regarding a response program that financial
institutions should develop to address unauthorized access to or use of
customer information that could result in substantial harm or
inconvenience to a customer. The information collections require
financial institutions to: (1) Develop notices to customers; and (2) in
certain circumstances, determine which customers should receive the
notices and send the notices to customers.

    3. Title: Mutual-to-Stock Conversions of State Savings Banks.
    OMB Number: 3064-0117.
    Form Number: None.
    Frequency of Response: On occasion.
    Affected Public: Insured state chartered savings banks that are not
members of the Federal Reserve System proposing to convert from mutual
to stock form of ownership.
    Estimated Number of Respondents: 10.
    Estimated Time per Response: 50 hours.
    Total Annual Burden: 500 hours.
    General Description of Collection: 12 CFR 303.161 and 333.4 require
state savings banks that are not members of the Federal Reserve System
to file with the FDIC a notice of intent to convert to stock form and
provide copies of documents filed with State and Federal banking and or
securities regulators in connection with the proposed conversion.

    4. Title: Privacy of Consumer Financial Information.
    OMB Number: 3064-0136.
    Form Number: None.
    Frequency of Response: On occasion.
    Affected Public: Insured state nonmember banks; consumers of
financial services.
    Estimated annual number of institution respondents: Initial notice,
208; annual notice and change in terms, 5,138; opt-out notice, 873.

[[Page 46229]]

    Estimated average time per response per institution: Initial
notice, 80 hours; annual notice and change in terms, 8 hours; opt-out
notice, 8 hours.
     Subtotal, annual burden hours for institutions: 64,728 hours.
    Estimated annual number of consumer respondents: 223,475.
    Estimated average time per consumer response: 30 minutes.
     Subtotal, annual burden hours for consumers: 111,738.
    Total annual burden: 176,466 hours.
    General Description of Collection: The elements of this information
collection are required under section 504 of the Gramm-Leach-Bliley
Act, Public Law 106-102. The collection mandates notice requirements
and restrictions on a financial institution's ability to disclose
nonpublic personal information about consumers to nonaffiliated third
parties. The collection also includes the filing of notices by
consumers with their financial institutions.

    5. Title: Applicant Background Questionnaire.
    OMB Number: 3064-0138.
    Form Number: FDIC 2100/14.
    Frequency of Response: On occasion.
    Affected Public: FDIC job applicants who are not current FDIC
employees.
    Estimated Number of Respondents: 10,000.
    Estimated Time per Response: 3 minutes.
    Total Annual Burden: 500 hours.
    General Description of Collection: The FDIC Applicant Background
Questionnaire is completed voluntarily by FDIC job applicants who are
not current FDIC employees. Responses to questions on the survey
provide information on gender, age, disability, race/national origin,
and to the applicant's source of vacancy announcement information. The
FDIC uses the data to evaluate the effectiveness of various recruitment
methods, and to ensure that the agency meets workforce diversity
objectives.

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 estimates 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; (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; and (e) estimates of capital or start up costs and costs of
operation, maintenance, and purchase of services to provide the
information.
    At the end of the comment period, the comments and recommendations
received will be analyzed to determine the extent to which the
collections should be modified prior to submission to OMB for review
and approval. Comments submitted in response to this notice also will
be summarized or included in the FDIC's requests to OMB for renewal of
these collections. All comments will become a matter of public record.

Dated at Washington, DC, August 8, 2006.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. E6-13150 Filed 8-10-06; 8:45 am]

BILLING CODE 6714-01-P


    

Last Updated 08/11/2006 Regs@fdic.gov