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Each depositor insured to at least $250,000 per insured bank

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FDIC Federal Register Citations
Federal Register: January 16, 2004 (Volume 69, Number 11)]
[Page 2597-2598]



Agency Information Collection Activities: Submission for OMB
Review; Comment Request

AGENCY: Federal Deposit Insurance Corporation (Fdic).

ACTION: Notice of information collections to be submitted to OMB for
review and approval under the Paperwork Reduction Act of 1995.


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 systems
described below.

DATES: Comments must be submitted on or before March 15, 2004.

ADDRESSES: Information about this submission, including copies of the
proposed collections of information, may be obtained by calling or
writing the Fdic contact listed below.
    [sbull] Mail: 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.
    Joseph Lackey, Fdic OMB Desk Officer, Office of Information and
Regulatory Affairs, Office of Management and Budget, New Executive
Office Building, Room 10236, Washington, DC 20503.
    [sbull] Hand Delivery: Guard station at the rear of the 17th Street
Building (located on F Street), on business days between 7 a.m. and 5

FOR FURTHER INFORMATION CONTACT: Steve Hanft, at the address identified


Proposal To Renew the Following Three Currently Approved Collections of

    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

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

[[Page 2598]]

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. All comments will become a matter of
public record.

    Dated at Washington, DC, this 13th day of January, 2004.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 04-978 Filed 1-15-04; 8:45 am]


Last Updated 01/16/2004

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