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
``Procedures for Monitoring Bank Protection Act Compliance.''
DATES: Comments must be submitted on or before May 20, 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
``Procedures for Monitoring Bank Protection Act Compliance.'' 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: 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, D.C. 20503.
FOR FURTHER INFORMATION CONTACT: Steven F. Hanft, at the address
SUPPLEMENTARY INFORMATION: Proposal to renew the following currently
approved collection of information:
Title: Procedures for Monitoring Bank Protection Act Compliance 12
CFR Part 326.
OMB Number: 3064-0095.
Frequency of Response: Annual.
Affected Public: FDIC-insured state nonmember banks.
Estimated Number of Respondents: 5,830.
Estimated Time per Response: \1/2\ hour.
Estimated Total Annual Burden: 2,915 hours.
General Description of Collection: FDIC-insured state nonmember
banks subject to 12 CFR Part 326 have a one-time requirement to
establish a written security program and develop training materials.
The program and training materials must be kept current and the bank's
security officer must make an annual report to the board of directors
on the program's effectiveness.
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 14th day of March, 1997.
Federal Deposit Insurance Corporation.
Jerry L. Langley,
[FR Doc. 97-6962 Filed 3-19-97; 8:45 am]
BILLING CODE 6714-01-M