[Federal Register: November 5, 2003 (Volume 68, Number 214)]
[Notices]
[Page 62594-62595]
[DOCID:fr05no03-79]
=======================================================================
-
FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Proposed Collection;
Comment Request
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
--------------------------------------------------------------------------------------
SUMMARY: The FDIC, as part of its continuing effort to reduce paperwork
and respondent burden, invites comment on three continuing information
collections, as required by the Paperwork Reduction Act of 1995 (44
U.S.C. chapter 35). The collections
[[Page 62595]]
are titled: (1) Application for a Bank to Establish a Branch or Move
its Main Office or Branch; (2) Application for Consent to Reduce or
Retire Capital; and (3) Activities and Investments of Savings
Associations.
DATES: Comments must be submitted on or before January 5, 2004.
ADDRESSES: Interested parties are invited to submit written comments to
Steve Hanft, Paperwork Clearance Officer, (202) 898-3907, Legal
Division, Room MB-3046, Federal Deposit Insurance Corporation, 550 17th
Street NW., Washington, DC 20429. All comments should refer to the OMB
control number. Comments may be hand-delivered to the guard station at
the rear of the 17th Street Building (located on F Street), on business
A copy of the comments may also be submitted to the OMB desk
officer for the FDIC: Joseph Lackey, Office of Information and
Regulatory Affairs, Office of Management and Budget, New Executive
Office Building, Room 10236, Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT: Steve Hanft, at the address identified
above.
SUPPLEMENTARY INFORMATION: Proposal to renew the following currently
approved collections of information:
1. Title: Application for a Bank to Establish a Branch or Move its
Main Office or Branch.
OMB Number: 3064-0070.
Frequency of Response: On occasion.
Affected Public: Insured financial institutions.
Estimated Number of Respondents: 1,540.
Estimated Time per Response: 5 hours.
Total Annual Burden: 7,700 hours.
General Description of Collection: Insured State nonmember banks
are required by law to obtain the FDIC's prior written consent before
they can establish and operate any new domestic branch or move their
main office or any branch from one location to another.
2. Title: Application for Consent to Reduce or Retire Capital.
OMB Number: 3064-0079.
Frequency of Response: On occasion.
Affected Public: Insured State nonmember banks.
Estimated Number of Respondents: 80.
Estimated Time per Response: 1 hour.
Total Annual Burden: 80 hours.
General Description of Collection: Insured state nonmember banks
that propose to change their capital structure must apply for and
obtain FDIC's consent to reduce or retire capital.
3. Title: Activities and Investments of Savings Associations.
OMB Number: 3064-0104.
Frequency of Response: On occasion.
Affected Public: Insured savings associations.
Estimated Number of Responses: 75.
Estimated Time per Response: 5 hours.
Total Annual Burden: 375 hours.
General Description of Collection: This collection of information
is an application submitted by savings associations to the FDIC as part
of the process of obtaining exceptions to the restrictions on the
powers of savings associations. The restrictions reduce the risk of
loss to the deposit insurance funds and eliminate some differences
between the powers of state associations and those of federal
associations.
Request for Comment
Comments are invited on: (a) Whether these collections of
information are 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
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; and (d) ways to minimize the burden of the
information collections 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
collections 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
these collections. All comments will become a matter of public record.
Dated at Washington, DC this 30th day of October, 2003.
Federal Deposit Insurance Corporation.
Valerie Best,
Assistant Executive Secretary.
[FR Doc. 03-27786 Filed 11-4-03; 8:45 am]
BILLING CODE 6714-01-P
|