[Federal Register Volume 63, Number 44 (Friday, March 6, 1998)]
[Notices]
[Pages 11259-11260]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-5802]
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FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Proposed Collection;
Comment Request
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
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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
``Extensions of Credit to Executive Officers, Unsafe and Unsound
Practices.''
DATES: Comments must be submitted on or before May 5, 1998.
ADDRESSES: Interested parties are invited to submit written comments to
Tamara R. Manly, Management Analyst (Regulatory Analysis), (202) 898-
7453, Office of the Executive Secretary, Room
[[Page 11260]]
4022, Attention: Comments/OES, Federal Deposit Insurance Corporation,
550 17th Street, NW., Washington, DC 20429. All comments should refer
to ``Extensions of Credit to Executive Officers, Unsafe and Unsound
Practices.'' Comments may be hand-delivered to the guard station at the
rear of the 17th Street Building (located on F Street), on business
days between 7:00 a.m. and 5:00 p.m. [FAX number (202) 898-3838;
Internet address: comments@fdic.gov].
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, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Tamara R. Manly, at the address identified above.
SUPPLEMENTARY INFORMATION: Proposal to renew the following currently
approved collection of information:
Title: Extensions of Credit to Executive Officers, Unsafe and
Unsound Practices.
OMB Number: 3064-0108.
Frequency of Response: Annually.
Affected Public: Executive officers of insured nonmember banks who
have received extensions of credit from any other bank in excess of the
amount the insured nonmember bank could lend to the officer.
Estimated Number of Respondents: 8,000.
Estimated Time per Response: 1 hour.
Estimated Total Annual Burden: 8,000 hours.
General Description of Collection: Executive officers of insured
nonmember banks must file a report with their bank's Board of Directors
within 10 days of incurring any indebtedness to any other bank in an
amount in excess of the amount the insured nonmember bank could lend to
the officer.
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 DC, this 3rd day of March, 1998.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 98-5802 Filed 3-5-98; 8:45 am]
BILLING CODE 6714-01-M
