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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: July 28, 1998 (Volume 63, Number 144)]
[Page 40285]
From the Federal Register Online via GPO Access []
Agency Information Collection Activities: Submission for OMB 
Review; Comment Request
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice of information collection 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 system 
described below.
    Type of Review: Renewal of a currently approved collection.
    Title: Recordkeeping and disclosure requirements in connection with 
Regulation B (Equal Credit Opportunity).
    OMB Number: 3064-0085.
    Annual Burden: Estimated annual number of respondents: 6,100; 
Estimated time per response: 43 hours; Average annual burden hours: 
262,300 hours.
    Expiration Date of OMB Clearance: September 30, 1998.
    OMB Reviewer: Alexander T. Hunt, (202) 395-7860, Office of 
Management and Budget, Office of Information and Regulatory Affairs, 
Washington, DC 20503.
    FDIC Contact: Tamara R. Manly, (202) 898-7453, Office of the 
Executive Secretary, Room F-4058, Federal Deposit Insurance 
Corporation, 550 17th Street NW, Washington, DC 20429.
    Comments: Comments on this collection of information are welcome 
and should be submitted on or before August 27, 1998 to both the OMB 
reviewer 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: Regulation B (12 CFR 202) prohibits 
creditors from discriminating against applicants on any of the bases 
specified by the Equal Credit Opportunity Act, establishes guidelines 
for gathering and evaluating credit information, and requires creditors 
to give applicants a written notification of rejection of an 
application. Regulation B is issued by the Board of Governors of the 
Federal Reserve System (``FRB'') under the authority of Title VII of 
the Consumer Credit Protect Act (15 U.S.C. 1691 et seq.). Section 703 
of the Act (15 U.S.C. 1691b) designates the FRB as the issuer of the 
implementing regulations, and section 704(a) of the Act (15 U.S.C. 
1691c) designates the FDIC as having the enforcement responsibilities 
in the case of insured nonmember banks.
    Dated: July 22, 1998.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 98-20059 Filed 7-27-98; 8:45 am]

Last Updated 07/28/1998

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