FDIC Federal Register Citations

[Federal Register: April 1, 1997 (Volume 62, Number 62)]

[Notices]

[Page 15478-15479]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr01ap97_dat-81]

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FEDERAL DEPOSIT INSURANCE CORPORATION

Agency Information Collection Activities: Proposed Collection;

Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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SUMMARY: The FDIC, as part of its continuing effort to reduce paperwork

and respondent burden, invites the general public and other Federal

agencies to take this opportunity to comment on proposed and/or

continuing information collections, as required by the Paperwork

Reduction Act of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is

soliciting comments concerning an information collection titled

``Mutual-to-Stock Conversions of State Savings Banks.''

DATES: Comments must be submitted on or before June 2, 1997.

ADDRESSES: Interested parties are invited to submit written comments to

Steven F. Hanft, FDIC Clearance Officer, (202) 898-3907, Office of the

Executive Secretary, Federal Deposit Insurance Corporation, 550 17th

Street N.W., Washington, D.C. 20429. All comments should refer to

``Mutual-to-Stock Conversions of State Savings Banks.'' Comments may be

hand-delivered to Room F-400, 1776 F Street, N.W., Washington, D.C.

20429, on business days between 8;30 a.m. and 5:00 p.m. [FAX number

(202) 898-3838; Internet address: comments@fdic.gov].

A copy of the comments may also be submitted to the OMB desk

officer for the FDIC: Alexander Hunt, Office of Information and

Regulatory Affairs, Office of Management and Budget, New Executive

Officer Building, Room 3208, Washington, D.C. 20503.

FOR FURTHER INFORMATION CONTACT:

Steven F. Hanft, at the address identified above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently

approved collection of information:

Title: Mutual-to-Stock Conversions of State Savings Banks.

OMB Number: 3064-0117.

Frequency of Response: Occasional.

Affected Public: Mutual savings banks that propose to convert from

mutual to stock form of ownership.

Estimated Number of Respondents: 10.

Estimated Time per Response: 50 hours.

Estimated Total Annual Burden: 500 hours.

General Description of Collection: The collection consists of

copies of all applications and other materials filed by the mutual

savings bank with its applicable federal and state banking and

securities regulators in connection with a proposed conversion to the

stock form of ownership. The FDIC may also require the filing of

additional materials as needed.

[[Page 15479]]

Request for Comment

Comments are invited on: (a) whether the collection of information

is 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 collection,

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

collection on respondents, including through the use of automated

collection techniques or other forms of information technology.

At the end of the comment period, the comments and recommendations

received will be analyzed to determine the extent to which the

collection 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

this collection. All comments will become a matter of public record.

Dated at Washington, D.C., this 26th day of March 1997.

Federal Deposit Insurance Corporation

Robert E. Feldman,

Deputy Executive Secretary.

[FR Doc. 97-8179 Filed 3-31-97; 8:45 am]

BILLING CODE 6714-01-M