98-12437. Agency Information Collection Activities: Submission for OMB Review; Comment Request

[Federal Register Volume 63, Number 90 (Monday, May 11, 1998)]
[Notices]
[Page 25862]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-12437]


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FEDERAL DEPOSIT INSURANCE CORPORATION


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

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collection to be submitted to OMB for 
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. 3501 et seq.), the FDIC hereby give notice that it 
plans to submit to the Office of Management and Budget (OMB) a request 
for OMB review and approval of the information collection system 
described below.
    Type of Review: Renewal of a currently approved collection.
    Title: Extension of Credit to Executive Officers--Unsafe and 
Unsound Practices.
    OMB Number: 3064-0108.
    Annual burden:
    Estimated annual number of respondents: 8,000.
    Estimated time per response: 1 hour.
    Average annual burden hours 8,000 hours.
    Expiration Date of OMB Clearance: May 31, 1998.
    OMB Reviewer: Alexander T. Hunt, [phone], Office of 
Management and Budget, Office of Information and Regulatory Affairs, 
Washington, D.C. 20503.
    FDIC Contact: Tamara R. Manly, [phone], Office of the 
Executive Secretary, Room F-4022, 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 June 10, 1998 in the Federal 
Register 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: 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.

    Dated: May 6, 1998.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 98-12437 Filed 5-8-98; 8:45 am]
BILLING CODE 6714-01-M