FDIC Federal Register Citations

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

[Notices]

[Page 15478]

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

[DOCID:fr01ap97_dat-80]

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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

``Application for Federal Deposit Insurance.''

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

``Application for Federal Deposit Insurance.'' 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

Office 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: Application for Federal Deposit Insurance (FDIC Form 6200/

05).

OMB Number: 3064-0001.

Frequency of Response: Occasional.

Affected Public: Any depository institution engaged in the business

of receiving deposits other than trust funds that requests Federal

Deposit Insurance.

Estimated Number of Respondents: 200.

Estimated Time per Response: 250 hours.

Estimated Total Annual Burden: 50,000 hours.

General Description of Collection: Consistent with the requirements

of Section 5 of the Federal Deposit Insurance Act (12 U.S.C. 1815), the

Application for Federal Deposit Insurance requests information from a

depository institution relating to its financial history and condition;

capital structure adequacy; future earnings prospects, the general

character and fitness of its management; the risk it presents to the

insurance funds; the convenience and needs of the community to be

served; and the consistency of its corporate powers.

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. 97-8178 Filed 3-31-97; 8:45 am]

BILLING CODE 6714-01-M