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FDIC Federal Register Citations

[Federal Register: March 20, 1997 (Volume 62, Number 54)]
[Page 13381-13382]
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 
[[Page 13382]]
Act of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is soliciting 
comments concerning an information collection titled ``Application 
Pursuant to Section 19 of the Federal Deposit Insurance Act.''
DATES: Comments must be submitted on or before May 19, 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 Pursuant to Section 19 of the Federal Deposit Insurance 
Act.'' 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 Pursuant to Section 19 of the Federal Deposit 
Insurance Act.
    OMB Number: 3064-0018.
    Frequency of Response: Occasional.
    Affected Public: Insured depository institutions that desire to 
have a person who has been convicted of a crime involving dishonesty or 
breach of trust to participate in the conduct of the affairs of the 
    Estimated Number of Respondents: 80.
    Estimated Time per Response: 16 hours.
    Estimated Total Annual Burden: 1,280 hours.
    General Description of Collection: Section 19 of the Federal 
Deposit Insurance Act (12 USC 1829) requires the FDIC's consent prior 
to participation by a person who has been convicted of a crime 
involving dishonesty or breach of trust in the affairs of an insured 
depository institution. To obtain the FDIC's consent to hire a 
convicted person, an insured depository institution must submit an 
application on FDIC Form 6710/07 which requests biographical 
information about the person, information about the conviction(s), and 
information about the prospective position to be held by the person.
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 
summarized 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 14th day of March, 1997.
Federal Deposit Insurance Corporation.
Jerry L. Langley,
Executive Secretary.
[FR Doc. 97-6994 Filed 3-19-97; 8:45 am]

Last Updated 03/20/1997

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