97-26238. Agency Information Collection Activities: Submission for OMB Review; Comment Request

[Federal Register Volume 62, Number 192 (Friday, October 3, 1997)]
[Notices]
[Page 51862]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-26238]


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FEDERAL DEPOSIT INSURANCE CORPORATION


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

AGENCY: Federal Deposit Insurance Corporation.

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

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SUMMARY: In accordance with requirements of the Paperwork Reduction Act 
of 1995 (44 U.S.C. Chapter 35), the FDIC hereby gives notice that it 
plans to submit to the Office of Management and Budget a request for 
OMB review and approval of the information collection system described 
below.
    Type of Review: Renewal of currently approved collection.
    Title: Application For Consent To Reduce or Retire Capital.
    Form Number: None.
    OMB Number: 3064-0079.
    Annual Burden:
      Number of applications: 120.
      Hours to prepare an application: 1.
      Total annual burden hours: 120.
    Expiration Date of OMB Clearance: October 31, 1997.
    OMB Reviewer: Alexander T. Hunt, [phone], Office of 
Management and Budget, Office of Information and Regulatory Affairs, 
Washington, D.C. 20503.
    FDIC Contact: Steven F. Hanft, [phone], Office of the 
Executive Secretary, Room F-4080, Federal Deposit Insurance 
Corporation, 550 17th Street N.W., Washington, D.C. 20429.
    Comments: Comments on this collection of information are welcome 
and should be submitted on or before November 3, 1997, 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: This collection requires insured state 
nonmember banks that propose to change their capital structure to 
submit an application containing information about the proposed change 
in order to obtain FDIC's consent to reduce or retire capital. The FDIC 
evaluates the information contained in the letter application in 
relation to statutory considerations and makes a decision to grant or 
to withhold consent.

    Dated: September 30, 1997.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 97-26238 Filed 10-2-97; 8:45 am]
BILLING CODE 6714-01-M