99-14344. Agency Information Collection Activities: Submission for OMB Review; Comment Request

[Federal Register Volume 64, Number 108 (Monday, June 7, 1999)]
[Notices]
[Page 30326]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-14344]


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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 gives 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: Prompt Corrective Action.
    OMB Number: 3064-0115.
    Annual Burden:
      Estimated annual number of respondents: 10.
      Estimated time per response: 4 hours.
      Average annual burden hours: 40 hours.
    Expiration Date of OMB Clearance: July 31, 1999.
    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-4058, 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 July 7, 1999 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: The prompt corrective action provisions of 
FDICIA require or permit the FDIC and other federal financial 
regulators to take certain supervisory actions when FDIC-insured 
institutions fall within one of five categories. The collection 
consists of applications required to obtain FDIC exceptions to 
otherwise restricted activities.

    Dated: June 1, 1999.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 99-14344 Filed 6-4-99; 8:45 am]
BILLING CODE 6714-01-P