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FDIC Federal Register Citations

[Federal Register: April 1, 1997 (Volume 62, Number 62)]
[Page 15479]
From the Federal Register Online via GPO Access []
Agency Information Collection Activities: Proposed Collection; 
Comment Request
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
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 
``Application for Consent to Effect a Merger-Type Transaction.''
DATES: Comments must be submitted on or before June 2, 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 
``Application for Consent to Effect a Merger-Type Transaction.'' 
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:].
    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.
 Steven F. Hanft, at the address identified above.
SUPPLEMENTARY INFORMATION: Proposal to renew the following currently 
approved collection of information:
    Title: Application for Consent to Effect a Merger-Type Transaction 
(FDIC Form 6220/01).
    OMB Number: 3064-0016.
    Frequency of Response: Occasional.
    Affected Public: Any depository institution that wishes to merge, 
consolidate with, acquire the assets of, or assume liability to pay any 
deposits made in any other insured depository institution or noninsured 
bank or institution.
    Estimated Number of Respondents: 220.
    Estimated Time per Response: 74 hours.
    Estimated Total Annual Burden: 16,280 hours.
    General Description of Collection: To fulfill its obligation under 
Section 18(c) of the Federal Deposit Insurance Act (12 U.S.C. 1828(c)) 
the FDIC requests in FDIC Form 6220/01 information about the effect of 
the propose merger on competition; information about the financial and 
managerial resources and future prospects of the existing and proposed 
institutions; and information about the convenience and needs of the 
community to be served.
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 
summarize 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 26th day of March 1997.
Federal Deposit Insurance Corporation
Robert E. Feldman,
Deputy Executive Secretary.
[FR Doc. 97-8180 Filed 3-31-97; 8:45 am]

Last Updated 04/01/1997

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