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
Type of Review: Renewal of a currently approved collection.
Title: Mutual-To-Stock Conversions of State Savings Banks.
Form Number: None.
OMB Number: 3064-0117.
Estimated annual number of respondents: 25.
Estimated time per response: 50 hours.
Average annual burden hours: 1,250 hours.
Expiration Date of OMB Clearance: June 30, 1997.
OMB Reviewer: Alexander T. Hunt, (202) 395-7860, Office of Management
and Budget, Office of Information and Regulatory Affairs, Washington,
FDIC Contact: Steven F. Hanft, (202) 898-3907, Office of the Executive
Secretary, Room F-400, 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 July 30, 1997 to both the OMB review
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: The FDIC is the primary federal regulator of
insured state chartered savings banks that are not members of the
Federal Reserve System (``State Savings Banks''). In cases where a
state savings bank proposes to convert from mutual to stock form of
ownership, the FDIC's regulation 12 CFR Sec. 303.15 and Sec. 333.4
require the state savings bank to file with the FDIC a notice of intent
to convert to stock form and provide copies of documents filed with
state and federal banking and/or securities regulators in connection
with the proposed conversion.
Dated: June 25, 1997.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
[FR Doc. 97-17028 Filed 6-27-97; 8:45 am]
BILLING CODE 6714-01-M