[Federal Register Volume 61, Number 231 (Friday, November 29, 1996)]
[Notices]
[Pages 60748-60749]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-30396]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Office of Thrift Supervision
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE CORPORATION
Submission for OMB Review; Comment Request
AGENCIES: Office of the Comptroller of the Currency (OCC) and Office of
Thrift Supervision (OTS), Treasury; Board of Governors of the Federal
Reserve System (Board); and Federal Deposit Insurance Corporation
(FDIC).
ACTION: Submission for OMB review; Comment request.
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SUMMARY: In accordance with the requirements of the Paperwork Reduction
Act of 1995 (44 U.S.C. Chapter 35), the OCC, OTS, and the FDIC hereby
give notice that they plan to submit to the Office of Management and
Budget (OMB) requests for review of the information collection
described below. Additionally, the Board is reviewing the collection
under its delegated authority from OMB. The OCC, OTS, Board, and FDIC
(collectively, the ``Agencies'') may not conduct or sponsor, and
respondent is not required to respond to, an information collection
that has been extended, revised, or implemented on or after October 1,
1995, unless it displays a currently valid OMB control number. Comments
are invited on: (a) whether the proposed revisions to the following
collections of information are necessary for the proper performance of
the Agencies' functions, including whether the information has
practical utility; (b) the accuracy of the Agencies' estimate of the
burden of the information collections as they are proposed to be
revised, including the validity of the methodology and assumptions
used; (c) ways to enhance the quality, utility, and clarity of the
information to be collected; (d) ways to minimize the burden of
information collection on respondents, including through the use of
automated collection techniques or other forms of information
technology; and (e) estimates of capital or startup costs and costs of
operation, maintenance, and purchase of services to provide
information.
DATES: Comments must be submitted on or before December 30, 1996.
ADDRESSES: Direct written comments as follows:
OCC: Communications Division, Office of the Comptroller of the
Currency, Third Floor, 250 E Street, S.W., Washington, D.C. 20219;
Attention: 1557-0014. Comments may also be sent by facsimile
transmission to (202) 874-5274 or by electronic mail to:
[email protected]
OTS: Dissemination Branch, Records Management and Information
Policy, Office of Thrift Supervision, 1700 G Street, N.W., Washington,
D.C. 20552, Attention: 1550-0032. These submissions may be hand-
delivered to 1700 G Street, N.W. from 9:00 a.m. to 5:00 p.m. on
business days. They may be sent by facsimile transmission to (202) 906-
7755. Comments over 25 pages in length should be sent to Fax (202) 906-
6956. Comments will be available for inspection at 1700 G Street, N.W.,
from 9:00 a.m. until 4:00 p.m. on business days.
Board: William W. Wiles, Secretary, Board of Governors of the
Federal Reserve System, 20th & Constitution Avenue, N.W., Washington,
D.C. 20551, or delivered to the Board's mail room between 8:45 a.m. and
5:15 p.m., and to the security control room outside of those hours.
Both the mail room and the security control room are accessible from
the courtyard entrance on 20th Street between Constitution Avenue and C
Street N.W. Comments received may be inspected in Room MP-500 of the
Martin Building between 9:00 a.m. and 5:00 p.m. weekdays, except as
provided in 12 CFR 261.8 of the Board's Rules Regarding Availability of
Information, 12 CFR 261.8(a).
FDIC: Jerry Langley, Executive Secretary, Attention: Room F-402,
Federal Deposit Insurance Corporation, 550 17th Street, N.W.,
Washington, D.C. 20429. Comments may be hand-delivered to Room F-402,
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:
[email protected]). Comments will be available for inspection and
photocopying in Room 7118, 550 17th Street, N.W., Washington, D.C.
20429, between 9:00 a.m. and 4:30 p.m. on business days.
A copy of the comments may also be submitted to the OMB Desk
Officer, Alexander T. Hunt, Office of Information and Regulatory
Affairs, Office of Management and Budget, New Executive Office
Building, Room 3208, Washington, D.C. 20503.
FOR FURTHER INFORMATION CONTACT: A copy of the submission or requests
for additional information may be obtained by contacting:
OCC: Jessie Gates, OCC Clearance Officer, or Dionne Walsh,
(202)874-5090, Legislative and Regulatory Activities Division.
OTS: Colleen M. Devine, OTS Clearance Officer, (202)906-6025.
Board: Mary M. McLaughlin, Board Clearance Officer, (202)452-3829.
For the hearing impaired only, Telecommunications Device for the Deaf
(TDD), Dorothea Thompson, (202)452-3544, Board of Governors of the
Federal Reserve System, 20th and C Streets, N.W., Washington, D.C.
20551.
FDIC: Steven F. Hanft, FDIC Clearance Officer, (202)898-3907.
SUPPLEMENTARY INFORMATION:
Title: Interagency Notice of Change in Control, Interagency Notice
of Change in Director or Senior Executive Officer, and Interagency
Biographical and Financial Report.
OCC's Title: Comptroller's Corporate Manual. The specific portions
of the Comptroller's Corporate Manual that are changed and addressed in
this notice are those that pertain to the Interagency Notice of Change
in Bank Control, the Interagency Notice of Change in Director or Senior
Executive Officer, and the Interagency Biographical and Financial
Report.
OMB Number:
OCC: 1557-0014.
OTS: Interagency Notice of Change in Control, 1550-0032;
Interagency Notice of Change in Director or Senior Executive Officer,
1550-0047; Interagency Biographical and Financial Report, 1550-0047.
Board: 7100-0134.
FDIC: Interagency Notice of Change in Control, 3064-0019;
Interagency Notice
[[Page 60749]]
of Change in Director or Senior Executive Officer, 3064-0097;
Interagency Biographical and Financial Report, 3064-0006.
Form Number:
OCC: None.
OTS: Interagency Notice of Change in Control, Form 1622;
Interagency Notice of Change in Director or Senior Executive Officer,
Form 1624; Interagency Biographical and Financial Report, Form 1623;
Applicant Certification, Form 1606.
Board: Interagency Notice of Change in Control, Form FR 2081a;
Interagency Notice of Change in Director or Senior Executive Officer,
Form FR 2081b; Interagency Biographical and Financial Report, Form FR
2081c.
FDIC: Interagency Notice of Change in Control, Form 6822/01;
Interagency Notice of Change in Director or Senior Executive Officer,
Form 6810/01; Interagency Biographical and Financial Report, Form 6200/
06.
Abstract: The collections of information are necessary in order to
eliminate duplicative filings and to satisfy Federal law and regulatory
authority for each agency. The Agencies use the biographical portion of
the collections to evaluate the competence, experience, character, and
integrity of the persons proposed as organizers, senior executive
officers, directors, or principal shareholders. The financial portion
is used to evaluate the financial ability of persons proposed as
organizers, senior executive officers, directors, or principal
shareholders. These reports are also used to allow or disapprove
proposed acquisitions.
Current Actions: A task force of the Federal Financial Institutions
Examination Council (FFIEC) has adapted, reformatted, and retitled the
three reports, pursuant to the Riegle Community Development and
Regulatory Improvement Act of 1994 (CDRI). The reports are retitled:
Interagency Notice of Change in Control, Interagency Notice of Change
in Director or Senior Executive Officer, and Interagency Biographical
and Financial Report. Comments were solicited in the Federal Register
on August 13, 1996 (61 FR 42085). The agencies received no comments on
any of the forms.
Type of Review: Revision of previously approved collection.
Frequency of Response: On occasion.
Affected Public: Businesses or other for-profit; individuals or
households.
OCC:
Estimated Number of Respondents: Interagency Notice of Change in
Control--20; Interagency Notice of Change in Director or Senior
Executive Officer--150; Interagency Biographical and Financial Report--
520. (For the Comptroller's Corporate Manual--2,800.)
Estimated Total Annual Responses: Interagency Notice of Change in
Control--20; Interagency Notice of Change in Director or Senior
Executive Officer--150; Interagency Biographical and Financial Report--
520. (For the Comptroller's Corporate Manual--9,700.)
Estimated Total Annual Burden Hours: Interagency Notice of Change
in Control--600 hours; Interagency Notice of Change in Director or
Senior Executive Officer--300 hours; Interagency Biographical and
Financial Report--2,080 hours; Estimated Total--2,980 burden hours.
(For the Comptroller's Corporate Manual--23,103 hours.)
OTS:
Estimated Number of Respondents: Change in Control--56; Notice of
Hiring or Indemnifying Senior Executive, Officer, or Director--2,942.
Estimated Total Annual Responses: Change in Control--56; Notice of
Hiring or Indemnifying Senior Executive, Officer, or Director--2,942.
Estimated Total Annual Burden Hours: Change in Control--1,890
hours; Notice of Hiring or Indemnifying Senior Executive, Officer, or
Director--19,133 burden hours.
Board:
Estimated Number of Respondents: Interagency Notice of Change in
Control--300; Interagency Notice of Change in Director or Senior
Executive Officer--280; Interagency Biographical and Financial Report--
1,000.
Estimated Total Annual Responses: Interagency Notice of Change in
Control--300; Interagency Notice of Change in Director or Senior
Executive Officer--280; Interagency Biographical and Financial Report--
1,000.
Estimated Total Annual Burden Hours: Interagency Notice of Change
in Control-- 9,000 hours; Interagency Notice of Change in Director or
Senior Executive Officer--560 hours; Interagency Biographical and
Financial Report--4,000 hours; Estimated Total--13,560 burden hours.
FDIC:
Estimated Number of Respondents: Interagency Notice of Change in
Control--50; Interagency Notice of Change in Director or Senior
Executive Officer--300; Interagency Biographical and Financial Report--
2,200.
Estimated Total Annual Responses: Interagency Notice of Change in
Control--50; Interagency Notice of Change in Director or Senior
Executive Officer--300; Interagency Biographical and Financial Report--
2,200.
Estimated Total Annual Burden Hours: Interagency Notice of Change
in Control-- 1,500 hours; Interagency Notice of Change in Director or
Senior Executive Officer--600 hours; Interagency Biographical and
Financial Report--8,800 hours; Estimated Total--10,900 burden hours.
Dated: November 20, 1996.
Karen Solomon,
Director, Legislative and Regulatory Activities Division, Office of the
Comptroller of the Currency.
Dated: November 22, 1996.
By the Office of Thrift Supervision.
Catherine C.M. Teti,
Director, Records Management and Information Policy, Office of Thrift
Supervision.
Board of Governors of the Federal Reserve System, November 13,
1996.
William W. Wiles,
Secretary of the Board.
Dated at Washington, D.C., this 14th day of November, 1996.
By the Federal Deposit Insurance Corporation.
Steven F. Hanft,
Assistant Executive Secretary (Regulatory Analysis).
[FR Doc. 96-30396 Filed 11-27-96; 8:45 am]
BILLING CODE 4810-33-P; 6720-01-P; 6210-01-P; 6714-01-P
