[Federal Register Volume 76, Number 110 (Wednesday, June 8, 2011)]
[Notices]
[Pages 33284-33285]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-14099]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities, Proposed Collection 
Renewals; 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 renewal of an existing 
information collection, as required by the Paperwork Reduction Act of 
1995 (44 U.S.C. chapter 35). Currently, the FDIC is soliciting comments 
on renewal of the information collection described below.

DATES: Comments must be submitted on or before August 8, 2011.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     http://www.FDIC.gov/regulations/laws/federal/notices.html
     E-mail: [email protected] Include the name of the 
collection in the subject line of the message.
     Mail: Gary A. Kuiper (202-898-3877), Counsel, Room F-1086, 
Federal Deposit Insurance Corporation, 550 17th Street, NW., 
Washington, DC 20429.
     Hand Delivery: 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 a.m. and 5 p.m.
    All comments should refer to the relevant OMB control number (OMB 
3064-0162). A copy of the comments may also be submitted to the OMB 
desk officer for the FDIC: Office of Information and Regulatory 
Affairs, Office of Management and Budget, New Executive Office 
Building, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Gary A. Kuiper, at the FDIC address 
above.

SUPPLEMENTARY INFORMATION: 

Proposal to Renew the Following Currently-Approved Collection Of 
Information

    Title: Large-Bank Deposit Insurance Programs.
    OMB Number: 3064-0162.
    Affected Public: Insured depository institutions having at least $2 
billion in domestic deposits and either at least: (i) 250,000 Deposit 
accounts; or (ii) $20 million in total assets.
    Estimated Number of Respondents: 159.
    Frequency of Response: On occasion.
    Estimated Annual Burden Hours per Response: 80 hours to 75,000 
hours per response.
    Estimated Total Annual Burden Hours: 312,500-625,000 hours.
    General Description of Collection: The FDIC adopted regulations 
intended to modernize the process of determining the insurance status 
of each depositor in the event of a depository institution failure. The 
regulations enable

[[Page 33285]]

operations of a large insured depository institution to continue 
functioning on the day following failure; support the FDIC's efforts to 
fulfill its legal mandates regarding the resolution of failed insured 
deposit institutions, and apply to the largest institutions only ($2 
billion in domestic deposits or more). More specifically, the 
regulations require the largest depository institutions to adopt 
mechanisms that would, in the event of the institution's failure, (1) 
Provide the FDIC with standard deposit account and customer 
information, and (2) allow the FDIC to place and release holds on 
liability accounts, including deposits.

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. All 
comments will become a matter of public record.

    Dated at Washington, DC, this 3rd day of June, 2011.

Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2011-14099 Filed 6-7-11; 8:45 am]
BILLING CODE 6714-01-P