98-9013. Submission for OMB Review; Comment Request

[Federal Register Volume 63, Number 66 (Tuesday, April 7, 1998)]
[Notices]
[Page 17046]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-9013]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Submission for OMB Review; Comment Request

March 31, 1998.
    The Office of Thrift Supervision (OTS) has submitted the following 
public information collection requirement(s) to OMB for review and 
clearance under the Paperwork Reduction Act of 1995, Pub. L. 104-13. 
Copies of the submission(s) may be obtained by calling the OTS 
Clearance Officer listed. Comments regarding this information 
collection should be addressed to the OMB reviewer listed and to the 
OTS Clearance Officer, Office of Thrift Supervision, 1700 G Street, NW, 
Washington, DC 20552.
    Dates: Written comments should be received on or before May 7, 1998 
to be assured of consideration.
    OMB Number: 1550-0075.
    Form Number: Not Applicable.
    Type of Review: Extension of a currently approved collection.
    Title: Loans to Executive Officers, Directors, and Principal 
Shareholders of Savings Associations.
    Description: The regulation requires savings associations to 
maintain detailed records of their extensions of credit to executive 
officers, directors and principal shareholders. The regulation also 
requires that savings associations report to OTS all loans to 
executives and disclose the amount of its extensions of credit 
following a written request from the public. Indebtedness incurred from 
correspondent banks must also be disclosed to the directors.
    Respondents: Savings and Loan Associations and Savings Banks.
    Estimated Number of Respondents: 1229.
    Estimated Burden Hours Per Respondent: 11 Hours Average.
    Frequency of Response: 4.
    Estimated Total Reporting Burden: 13,519 Hours.
    Clearance Officer: Colleen M. Devine, [phone], Office of 
Thrift Supervision, 1700 Street, NW, Washington, DC 20552.
    OMB Reviewer: Alexander Hunt, [phone], Office of Management 
and Budget, Room 10226, New Executive Office Building, Washington, DC 
20503.
Catherine C. M. Teti,
Director, Records Management and Information Policy.
[FR Doc. 98-9013 Filed 4-6-98; 8:45 am]
BILLING CODE 6720-01-P