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
``Interagency Notice of Change in Control.''
DATES: Comments must be submitted on or before December 6, 1999.
ADDRESSES: Interested parties are invited to submit written comments to
Tamara R. Manly, Management Analyst (Regulatory Analysis), (202) 898-
7453, Office of the Executive Secretary, Room 4058, Attention:
Comments/OES, Federal Deposit Insurance Corporation, 550 17th Street
NW, Washington, DC 20429. All comments should refer to ``Interagency
Notice of Change in Control.'' Comments may be hand-delivered to the
guard station at the rear of the 17th Street Building (located on F
Street), on business days between 7 a.m. and 5 p.m. (FAX number (202)
898-3838; Internet address: firstname.lastname@example.org).
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, DC 20503.
FOR FURTHER INFORMATION CONTACT: Tamara R. Manly, at the address
Proposal To Renew the Following Currently Approved Collection of
Title: Interagency Notice of Change in Control.
OMB Number: 3064-0019.
Frequency of Response: On occasion.
Affected Public: All financial institutions.
Estimated Number of Respondents: 50.
Estimated Time per Response: 30 hours.
Estimated Total Annual Burden: 1,500 hours.
General Description of Collection: The Interagency Notice of Change
in Control is submitted regarding any person proposing to acquire
ownership control of an insured state nonmember bank. The information
is used by the FDIC to determine whether the competence, experience, or
integrity of any acquiring person, indicates that it would not be in
the interest of the depositors of the bank or in the interest of the
public, to permit such persons to control the bank.
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 29th day of September, 1999.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
[FR Doc. 99-26059 Filed 10-5-99; 8:45 am]
BILLING CODE 6714-01-P