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FDIC Federal Register Citations

[Federal Register: December 21, 1999 (Volume 64, Number 244)]
[Notices]
[Page 71547-71549]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr21de99-159]

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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency
Office of Thrift Supervision

FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE CORPORATION


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

AGENCIES: Office of the Comptroller of the Currency (OCC), Office of
Thrift Supervision (OTS), Treasury; Board of Governors of the Federal
Reserve System (Board); and Federal Deposit Insurance Corporation
(FDIC).

ACTION: Submission for OMB Review; Joint Comment Request.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction
Act of 1995 (44 U.S.C. chapter 35), the OCC, the OTS, the Board, and
the FDIC (collectively, the ``agencies'') hereby give notice that they
plan to submit to the Office of Management and Budget (OMB) requests
for review of the information collection systems described below. The

[[Page 71548]]

Agencies may not conduct or sponsor, and the respondent is not required
to respond to, an information collection that has been extended,
revised, or implemented on or after October 1, 1995, unless it displays
a currently valid OMB control number.
On September 3, 1999, the agencies, under the auspices of the
Federal Financial Institutions Examination Council (FFIEC), requested
public comment for 60 days on the extension, without revision, of the
following currently approved information collections: the Annual Report
of Trust Assets (FFIEC 001) and the Annual Report of International
Fiduciary Activities (FFIEC 006).

DATES: Comments must be submitted on or before January 20, 2000.

ADDRESSES: Interested parties are invited to submit written comments to
any or all of the agencies. All comments should refer to the OMB
control number(s) and will be shared among the agencies.
OCC: Written comments on the FFIEC 001 and 006 should be submitted
to the Communications Division, Office of the Comptroller of the
Currency, 250 E Street, SW, Third Floor, Attention: 1557-0127 (FFIEC
001 and 006). Washington, DC 20219. In addition, comments may be sent
by facsimile transmission to (202) 874-5274, or by electronic mail to
regs.comments@occ.treas.gov. Comments will be available for inspection
and photocopying at the OCC's Public Reference Room, 250 E Street,
S.W., Washington, D.C. 20219 between 9:00 a.m. and 5:00 p.m. on
business days. Appointments for inspection of comments may be made by
calling (202) 874-5043.
OTS: Written comments on the FFIEC 001 should be submitted to the
Manager, Dissemination Branch, Information Management and Services
Division, Office of Thrift Supervision, 1700 G Street, NW, Washington,
DC 20552, Attention: 1550-0026. Hand deliver comments to Public
Reference Room 1700 G Street, NW, lower level, from 9:00 a.m. to 4:00
p.m. on business days. Send facsimile transmissions to FAX Number (202)
906-7755; or (202) 906-6956 (if comments are over 25 pages). Send e-
mail to ``public.info@ots.treas.gov'', and include your name and
telephone number. Interested persons may inspect comments at the Public
Reference Room, 1700 G St. NW, from 9:00 a.m. until 4:00 p.m. on
business days.
Board: Written comments on the FFIEC 001 and 006 should be
addressed to Jennifer J. Johnson, Secretary, Board of Governors of the
Federal Reserve System, 20th and C Streets, NW, Washington, DC 20551,
or delivered to the Board's mail room between 8:45 a.m. and 5:15 p.m.,
and to the security control room outside of those hours. Both the mail
room and the security control room are accessible from the courtyard
entrance on 20th Street between Constitution Avenue and C Street, NW
Comments received may be inspected in room M-P-500 between 9:00 a.m.
and 5:00 p.m., except as provided in section 261.12 of the Board's
Rules Regarding Availability of Information, 12 CFR 261.12(a).
FDIC: Written comments on the FFIEC 001 should be addressed to
Robert E. Feldman, Executive Secretary, Attention: Comments/OES,
Federal Deposit Insurance Corporation, 550 17th Street, NW, Washington,
DC 20429. 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 7:00 a.m. and 5:00 p.m. [FAX number (202) 898-3838;
Internet address: comments@fdic.gov]. Comments may be inspected and
photocopied in the FDIC Public Information Center, Room 100, 801 17th
Street, NW, Washington, DC, between 9:00 a.m. and 4:30 p.m. on business
days.
A copy of the comments may also be submitted to the OMB desk
officer for the agencies: Alexander T. Hunt, Office of Information and
Regulatory Affairs, Office of Management and Budget, New Executive
Office Building, Room 3208, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or
a copy of an agency's submission may be obtained by contacting:
OCC: Jessie Gates, OCC Clearance Officer, or Camille Dixon, (202)
874-5090, Legislative and Regulatory Activities Division, Office of the
Comptroller of the Currency, 250 E Street, SW, Washington, DC 20219.
OTS: Mary Rawlings-Milton, OTS Clearance Officer, (202) 906-6028,
Office of Thrift Supervision, 1700 G Street, NW, Washington, DC 20552.
Board: Mary M. West, Chief, Financial Reports Section, (202) 452-
3829, Division of Research and Statistics, Board of Governors of the
Federal Reserve System, 20th and C Streets, NW, Washington, D.C. 20551.
Telecommunications Device for the Deaf (TDD) users may contact Diane
Jenkins, (202) 452-3544, Board of Governors of the Federal Reserve
System, 20th and C Streets, NW, Washington, DC 20551.
FDIC: Steven F. Hanft, FDIC Clearance Officer, (202) 898-3907,
Office of the Executive Secretary, Federal Deposit Insurance
Corporation, 550 17th Street NW, Washington, DC. 20429.

SUPPLEMENTARY INFORMATION:

Proposal to extend for three years without revision the following
currently approved collections of information

Report Title: Annual Report of Trust Assets and Annual Report of
International Fiduciary Activities
Form Number: FFIEC 001 and FFIEC 006
Frequency of Response: Annual
Affected Public: Business or other for profit
For OCC:
OMB Number: 1557-0127.
Number of Respondents: 809 (FFIEC 001) 100 (FFIEC 006).
Estimated Average Time per Response: 4.4 burden hours (FFIEC 001).
4.0 burden hours (FFIEC 006).
Estimated Total Annual Burden: 3,960 burden hours
For OTS:
OMB Number: 1557-0026.
Number of Respondents: 101 (FFIEC 001).
Estimated Average Time per Response: 4.08 burden hours (FFIEC 001).
Estimated Total Annual Burden: 412 burden hours.
For Board:
OMB Number: 7100-0031.
Number of Respondents: 511 (FFIEC 001), 116 (FFIEC 006).
Estimated Average Time per Response: 3.82 burden hours (FFIEC 001),
4.0 burden hours (FFIEC 006).
Total Annual Burden: 2,416 burden hours.
For FDIC:
OMB Number: 3064-0024.
Number of Respondents: 1,602 (FFIEC 001).
Estimated Average Time per Response: 3.55 burden hours (FFIEC 001).
Estimated Total Annual Burden: 5,683 burden hours (FFIEC 001).

General Description of Reports

This information collection (FFIEC 001 and FFIEC 006) is mandatory:
12 U.S.C. 161 and 1817 (for national banks), 12 U.S.C. 1464, 1725, 1730
(for thrift institutions), 12 U.S.C. 248(a)(1) and (2) and 1844(c) (for
state member banks and bank holding companies), and 12 U.S.C. 1817 (for
insured state nonmember commercial and savings banks). The FFIEC 006,
collected by the OCC and the Board, and Schedule E-Fiduciary Income
Statement on the FFIEC 001, collected by all of the agencies, are given
confidential

[[Page 71549]]

treatment (5 U.S.C. 552(b)(8)). Small businesses (i.e., small banks)
are not affected.

Abstract

These interagency reports collect information on fiduciary asset
totals and activities. They are used to monitor changes in the volume
and character of discretionary trust activity and the volume of
nondiscretionary trust activity and to determine resource needs for
supervisory purposes. The data are also used for statistical and
analytical purposes. No changes are proposed to the FFIEC 001 or the
FFIEC 006 reporting forms or instructions.
The agencies did not receive any comments in response to the notice
published in the Federal Register on September 3, 1999 (64 FR 48453)
requesting public comment on the extension, without revision, of these
information collections.

Request for Comment

Comments are invited on:
a. Whether the information collections are necessary for the proper
performance of the agencies' functions, including whether the
information has practical utility;
b. The accuracy of the agencies' 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 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 information.
Comments submitted in response to this notice will be shared among
the agencies. All comments will become a matter of public record.
Written comments should address the accuracy of the burden estimates
and ways to minimize burden including the use of automated collection
techniques or the use of other forms of information technology as well
as other relevant aspects of the information collection request.

Dated: November 19, 1999.
Mark J. Tenhundfeld,
Assistant Director, Legislative and Regulatory Activities Division.
Dated: December 14, 1999.
John E. Werner,
Director, Information & Management, Services, Office of Thrift
Supervision.
Board of Governors of the Federal Reserve System, December 16,
1999.
Jennifer J. Johnson,
Secretary of the Board.

Dated at Washington, DC, this 15th day of December, 1999.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 99-33045 Filed 12-20-99; 8:45 am]
BILLING CODE 4810-33-P; 6720-01-P; 6210-01-P; 6714-01-P
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Last Updated 12/21/1999 regs@fdic.gov