Federal Deposit
Insurance Corporation

-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE CORPORATION

DEPARTMENT OF THE TREASURY

Office of Thrift Supervision

Agency Information Collection Activities: Proposed Extension of
Information Collection; Comment Request

AGENCIES: Office of the Comptroller of the Currency (OCC), Treasury;
Board of Governors of the Federal Reserve System (Board); Federal
Deposit Insurance Corporation (FDIC); and Office of Thrift Supervision
(OTS), Treasury.

ACTION: Joint notice and request for comment.

-----------------------------------------------------------------------

SUMMARY: The OCC, Board, FDIC, and OTS (Agencies), as part of their
continuing effort to reduce paperwork and respondent burden, invite the
general public and other Federal agencies to comment on the proposed
extension, without change, of a continuing information collection, as
required by the Paperwork Reduction Act of 1995. The Agencies may not
conduct or sponsor, and a respondent is not required to respond to, an
information collection unless it displays a currently valid Office of
Management and Budget (OMB) control number. Currently, the Agencies are
soliciting comment concerning the proposed extension of OMB approval of
the information collections contained in their respective Community
Reinvestment Act (CRA) regulations.

DATES: Comments should be submitted by July 29, 2002. .

ADDRESSES: Comments should be directed to the Agencies and the OMB Desk
Officer for the Agencies as follows:
OCC: Office of the Comptroller of the Currency, Public Information
Room, 250 E Street, SW, Mail Stop 1-5, Attention: 1557-0160,
Washington, DC 20219. Due to temporary disruptions in the OCC's mail
service, commenters are encouraged to submit comments by fax or
electronic mail. Comments may be sent by fax to (202) 874-4448, or by
electronic mail to regs.comments@occ.treas.gov. You can inspect and
photocopy comments at the OCC's Public Information Room. You can make
an appointment to inspect the comments by calling (202) 874-5043.
Board: Written comments may be mailed to Jennifer J. Johnson,
Secretary, Board of Governors of the Federal Reserve System, 20th
Street and Constitution Avenue, NW, Washington, DC 20551. However,
because paper mail in the Washington area and at the Board of Governors
is subject to delay, please consider submitting your comments by
electronic mail to regs.comments@federalreserve.gov, or faxing them to
the Office of the Secretary at (202) 452-3819 or (202) 452-3102.
Comments addressed to Ms. Johnson may also be delivered to the Board's
mail facility in the West Courtyard between 8:45 a.m. and 5:15 p.m.,
located on 21st Street between Constitution Avenue and C Street, NW.
Members of the public may inspect comments in Room M-P-500 between 9
a.m. and 5 p.m. on weekdays pursuant to 261.12, except as provided in
261.14, of the Board's Rules Regarding Availability of Information, 12
CFR 261.12 and 261.14.
FDIC: Tamara Manly, Management Analyst, Office of the Executive
Secretary, Room F-4060, Attention: Comments/OES, Federal Deposit
Insurance Corporation, 550 17th Street, NW, Washington, DC 20429. All
comments should refer to ``Community Reinvestment Act Regulation, 3064-
0092.'' Comments may be hand-delivered to the guard station at the rear
of the 550 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:
comments@fdic.gov. Comments may be inspected and photocopied in the
FDIC Public Information Center, Room 100, 801 17th Street, NW,
Washington, DC between 9 a.m. and 4:30 p.m. on business days.
OTS: Information Collection Comments, Chief Counsel's Office,
Office of Thrift Supervision, 1700 G Street, NW, Washington, DC 20552,
Attention: 1550-0012, Fax number (202) 906-6518, or e-mail to
infocollection.comments@ots.treas.gov. OTS will post comments and the
related index on the OTS Internet Site at www.ots.treas.gov. In
addition, interested persons may inspect comments at the Public
Reference Room, 1700 G Street, NW, by appointment. To make an
appointment, call (202) 906-5922, send an e-mail to
publicinfo@ots.treas.gov, or send a facsimile transmission to (202)
906-7755.
OMB Desk Officer for the Agencies: Alexander T. Hunt, Office of
Information and Regulatory Affairs, Office of Management and Budget,
New Executive Office Building, Room 3208, Washington, DC 20503, or e-
mail to ahunt@omb.eop.gov.

FOR FURTHER INFORMATION CONTACT: You may request additional information
from:
OCC: Jessie B. Dunaway, OCC Clearance Officer, (202) 874-5090,
Legislative and Regulatory Activities Division, Office of the
Comptroller of the Currency, 250 E Street, SW, Washington, DC 20219.
Board: Mary M. West, Federal Reserve Board Clearance Officer, (202)
452-3829, Division of Research and Statistics, Board of Governors of
the Federal Reserve System, 20th and C Streets, NW, Washington, DC
20551.
FDIC: Tamara Manly, Management Analyst, (202) 898-7453, Office of
the Executive Secretary, Federal Deposit Insurance Corporation, 550
17th Street, NW, Washington, DC 20429.
OTS: Sally W. Watts, OTS Clearance Officer, (202) 906-7380, Office
of Thrift Supervision, 1700 G Street, NW, Washington, DC 20552.

SUPPLEMENTARY INFORMATION:
Title:

OCC: Community Reinvestment Act Regulation--12 CFR 25.
Board: Recordkeeping, Reporting, and Disclosure Requirements in
Connection with Regulation BB (Community Reinvestment Act).
FDIC: Community Reinvestment Act
OTS: Community Reinvestment Act

OMB Control Number:

OCC: 1557-0160
Board: 7100-0197
FDIC: 3064-0092
OTS: 1550-0012

Type of Review: Extension, without change, of a currently approved
collection.
Form Number: None.
Abstract: This submission covers an extension of the Agencies'
currently

[[Page 37916]]

approved information collections in their CRA regulations (12 CFR part
25 (OCC), 12 CFR part 228 (Board), 12 CFR part 345 (FDIC), and 12 CFR
part 563e (OTS)). The submission involves no change to the regulations
or to the information collections.
The Agencies need the information collected to fulfill their
obligations under the CRA (12 U.S.C. 2901 et seq.) to evaluate and
assign ratings to the performance of institutions, in connection with
helping to meet the credit needs of their communities, including low-
and moderate-income neighborhoods, consistent with safe and sound
banking practices. The Agencies use the information in the examination
process and in evaluating applications for mergers, branches, and
certain other corporate activities. Financial institutions maintain and
provide the information to the Agencies.
Affected Public: Businesses or other for-profit.
Estimated Number of Respondents:

OCC: 2,141
Board: 976
FDIC: 5,484
OTS: 1,020

Estimated Annual Responses:

OCC: 2,141
Board: 976
FDIC: 5,484
OTS: 1,020
Estimated Annual Burden Hours:

OCC: 322,307
Board: 159,160
FDIC: 607,603
OTS: 158,221
Frequency of Response: Annually.

Comments

Comments submitted in response to this notice will be summarized in
the request for OMB approval. All comments will become a matter of
public record. Comments are invited on:
(a) Whether the collection is necessary for the proper performance
of the functions of the agency, including whether the information has
practical utility;
(b) The accuracy of the agency's estimate of the burden of the
collection of information;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the collection on respondents,
including through the use of automated collection techniques or other
forms of information technology; and
(e) Estimates of capital or startup costs and costs of operation,
maintenance, and purchase of services to provide information.

Dated: May 6, 2002.
Mark J. Tenhundfeld,
Assistant Director, Legislative and Regulatory Activities Division,
Office of the Comptroller of the Currency.
By order of the Board of Governors of the Federal Reserve
System, May 22, 2002.

Jennifer J. Johnson,
Secretary of the Board.
Dated at Washington, D.C., this 3rd day of May, 2002.