FDIC Federal Register Citations

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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL DEPOSIT INSURANCE CORPORATION

DEPARTMENT OF THE TREASURY

Office of Thrift Supervision

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

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

ACTION: Joint notice and request for comment.

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SUMMARY: The OCC, FDIC, and OTS (Agencies), as part of their continuing
effort to reduce paperwork and respondent burden, invite the general
public and other Federal agencies to comment on proposed revisions to a
continuing information collection, as

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required by the Paperwork Reduction Act of 1995. The Agencies are
soliciting comment concerning their information collection titled,
``Interagency Charter and Federal Deposit Insurance Application.'' The
Agencies also give notice that they have sent the information
collection to OMB for review and approval. The Agencies may not conduct
or sponsor, and the respondent is not required to respond to, an
information collection unless it displays a currently valid Office of
Management and Budget (OMB) control number.

DATES: You should submit written comments to the Agencies and the OMB
Desk Officer by January 11, 2002.

ADDRESSES: Interested parties are invited to submit comments to any or
all of the Agencies. All comments, which should refer to the OMB
control number, will be shared among the Agencies:
OCC: Office of the Comptroller of the Currency, Public Information
Room, 250 E Street, SW., Mail Stop 1-5, Attention: 1557-0014,
Washington, DC 20219. You may make an appointment to inspect and
photocopy comments at the same location by calling (202) 874-5043. In
addition, you may fax your comments to (202) 874-4448 or E-mail them to
regs.comments@occ.treas.gov.
FDIC: Tamara R. Manly, Management Analyst (Regulatory Analysis),
Office of Executive Secretary, Room F-4058, Attention: Comments/OES,
Federal Deposit Insurance Corporation, 550 17th Street, NW.,
Washington, DC 20429. All comments should refer to ``Interagency
Charter and Federal Deposit Insurance Application.'' 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.
OTS: Information Collection Comments, Chief Counsel's Office,
Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552,
Attention: 1550-0005, FAX Number (202) 906-6518, or E-mail to
infocollection.comments@ots.treas.gov. OTS will post comments and the
related index on the OTS Internet site at www.ots.treas.gov. In
addition, interested persons may inspect comments at the Public
Reference Room, 1700 G Street, NW., by appointment. To make an
appointment, call (202) 906-5922, send an E-mail to
publicinfo@ots.treas.gov, or send a facsimile transmission to (202)
906-7755.
A copy of the comments may also be submitted to the OMB desk
officer for the agencies: Alexander T. Hunt, OMB Desk Officer, Office
of Information and Regulatory Affairs, Office of Management and Budget,
New Executive Office Building, Room 3208, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: You may request additional information
or a copy of the collection from:
OCC: Jessie Dunaway, 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.
For subject matter information, you may contact Cheryl Martin at (202)
874-4614, Licensing Policy and Systems, Licensing Department, Office of
the Comptroller of the Currency, 250 E Street, SW., Washington, DC
20219.
FDIC: Tamara R. Manly, Management Analyst (Regulatory Analysis),
(202) 898-7453, Office of the Executive Secretary, Federal Deposit
Insurance Corporation, 550 17th Street, NW., Washington, DC 20429.
OTS: Sally W. Watts, OTS Clearance Officer, (202) 906-7380; Frances
C. Augello, Senior Counsel, Business Transactions Division, (202) 906-
6151; Patricia D. Goings, Regulatory Analyst, Examination Policy, (202)
906-5668; or Damon C. Zaylor, Regulatory Analyst, Examination Policy,
(202) 906-6787, Office of Thrift Supervision, 1700 G Street, NW.,
Washington, DC 20552.

SUPPLEMENTARY INFORMATION: The agencies are proposing to extend for
three years, with revision, the following currently approved
information collection:
Report Title: Interagency Charter and Federal Deposit Insurance
Application.
OCC's Title: Comptroller's Corporate Manual (Manual). The specific
portions of the Manual covered by this notice are those that pertain to
the Charter Application located in the Charters section of the Manual,
which will become an interagency form.
OMB Numbers:
OCC: 1557-0014.
FDIC: 3064-0001.
OTS: 1550-0005.
Form Numbers:
OCC: None.
FDIC: 6200/05.
OTS: 138.
Affected Public: Individuals or households; businesses or other
for-profit.
Type of Review: Revision of a currently approved collection.
Estimated Number of Respondents:
OCC: 50.
FDIC: 200.
OTS: 20.
Frequency of Response: One time.
Estimated Annual Burden Hours per Response:
OCC: 125.
FDIC:125.
OTS: 125.
Estimated Total Annual Burden Hours:
OCC: 6,250.
FDIC: 25,000.
OTS: 2,500.
Abstract: This submission covers a revision to the charter
applications of the OCC and OTS and the deposit insurance application
of the FDIC. The proposed form will make the application form uniform
among the Agencies and is titled, ``Interagency Charter and Federal
Deposit Insurance Application.'' The Agencies need the information to
ensure that the covered proposed activities are permissible under law
and regulation and are consistent with safe and sound banking
practices. For example, the Agencies are required to consider financial
and managerial resources, future earnings prospects, and community
reinvestment. Further, the Agencies use the information to evaluate
specific individuals' qualifications. Both financial institutions and
individuals organizing a financial institution must provide this
information.
Current Actions: A task force of the Federal Financial Institutions
Examination Council (FFIEC) has adapted, reformatted, and retitled the
collection: Interagency Charter and Federal Deposit Insurance
Application, pursuant to the Riegle Community Development and
Regulatory Improvement Act of 1994 (CDRI). Comments were solicited in
the Federal Register on September 18, 2001 (66 FR 48168). The agencies
received one comment on the form. The comment is summarized in each
agency's OMB submission.
Comments: All comments will become a matter of public record.
Written comments are invited on:
a. Whether the information collection is 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 collection, including the validity of the methodology and
assumptions used;

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c. Ways to enhance the quality, utility, and clarity of the
information to be collected;
d. Ways to minimize the burden of information collection 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.

Dated: December 4, 2001.
Mark J. Tenhundfeld,
Assistant Director, Legislative and Regulatory Activities Division,
Office of the Comptroller of the Currency.
Dated at Washington, DC, this 3rd day of December, 2001.
Robert E. Feldman,
Executive Secretary.
Dated: December 5, 2001.
Deborah Dakin,
Deputy Chief Counsel, Regulations and Legislation Division,Office of
Thrift Supervision.
[FR Doc. 01-30646 Filed 12-11-01; 8:45 am]
BILLING CODE 4810-33-P, 6714-01-P, and 6720-01-P