Federal Deposit
Insurance Corporation

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

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collection to be submitted to OMB for
review and approval under the Paperwork Reduction Act of 1995.

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 system
described below.
Type of Review: Renewal of a currently approved collection.
Title: Flood Insurance.
OMB Number: 3064-0120
Annual Burden:

Estimated annual number of respondents/recordkeepers: 5,700
Estimated number of covered transactions: 180,000
Estimated reporting hours: 9,000
Estimated recordkeeping hours: 5,700
Estimated total annual reporting and recordkeeping burden hours: 14,700
Estimated average annual burden hours per respondent/recordkeeper: 2.6
hours

Expiration Date of OMB Clearance: April 30, 2002.
OMB Reviewer: Alexander T. Hunt, (202) 395-7860, Office of
Management and Budget, Office of Information and Regulatory Affairs,
Washington, D.C. 20503.
FDIC Contact: Tamara R. Manly, (202) 898-7453, Office of the
Executive Secretary, Room F-4058, Federal Deposit Insurance
Corporation, 550 17th Street N.W., Washington, D.C. 20429.
Comments: Comments on this collection of information are welcome
and should be submitted on or before April 22, 2002, to both the OMB
reviewer and the FDIC contact listed above.

ADDRESSES: Information about this submission, including copies of the
proposed collection of information, may be obtained by calling or
writing the FDIC contact listed above.

SUPPLEMENTARY INFORMATION: Each supervised lending institution is
currently required to provide a notice of special flood hazards to a
borrower acquiring a loan secured by a building on real property
located in an area

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identified by the Director of the Federal Emergency Management
Administration as being subject to special flood hazards. The Riegle
Community Development Act requires that each institution must also
provide a copy of the notice to the servicer of the loan (if different
from the originating lender).

Dated: March 18, 2002.