[Federal Register Volume 82, Number 26 (Thursday, February 9, 2017)]
[Notices]
[Pages 10004-10006]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-02634]
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FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Proposed Collection
Renewals; Comment Request (3064-0019, -0061, -0087 & -0143)
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
[[Page 10005]]
and respondent burden, invites the general public and other Federal
agencies to take this opportunity to comment on the renewal of existing
information collections, as required by the Paperwork Reduction Act of
1995. Currently, the FDIC is soliciting comment on renewal of the
information collections described below.
DATES: Comments must be submitted on or before April 10, 2017.
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.
Email: [email protected]. Include the name and number of
the collection in the subject line of the message.
Mail: Jennifer Jones (202-898-6768), Counsel, MB-3105,
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 7:00 a.m. and 5:00 p.m.
All comments should refer to the relevant OMB control number. 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: Jennifer Jones, at the FDIC address
above.
SUPPLEMENTARY INFORMATION:
Proposal to renew the following currently approved collections of
information:
1. Title: Interagency Notice of Change in Control.
OMB Number: 3064-0019.
Form Number: FDIC 6822/01.
Affected Public: Insured state nonmember banks and state savings
associations.
Burden Estimate:
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Estimated Total annual
Type of burden number of Estimated time Frequency of response estimated
respondents per response burden (hours)
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Notice of Change in Control.............. Reporting................... 25 30 On Occasion.................... 750
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General Description of Collection: The Interagency Notice of Change
in Control is submitted by any person proposing to acquire ownership
control of an insured state nonmember bank. The information is used by
the FDIC to determine whether the competence, experience, or integrity
of any acquiring person indicates it would not be in the interest of
the depositors of the bank, or in the public interest, to permit such
persons to control the bank.
2. Title: Foreign Banking and Investment by Insured State Nonmember
Banks.
OMB Number: 3064-0061.
Form Number: Summary of Deposits.
Affected Public: All FDIC-insured institutions, including insured
U.S. branches of foreign banks.
Burden Estimate:
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Estimated Total annual
Type of burden number of Estimated time Frequency of response estimated
respondents per response burden (hours)
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Summary of Deposits...................... Reporting................... 4,800 3 On Occasion.................... 14,400
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General Description of Collection: The Summary of Deposits (SOD) is
the annual survey of branch office deposits as of June 30 for all FDIC-
insured institutions, including insured U.S. branches of foreign banks.
All FDIC[hyphen]insured institutions that operate a main office and one
or more branch locations (including limited service drive[hyphen]thru
locations) as of June 30 each year are required to file the SOD Survey.
Insured branches of foreign banks are also required to file. All data
collected on the SOD submission are available to the public. The survey
data provides a basis for measuring the competitive impact of bank
mergers and has additional use in research on banking.
3. Title: Procedures for Monitoring Bank Secrecy Act Compliance.
OMB Number: 3064-0087.
Form Number: None.
Affected Public: Insured State Nonmember Banks and Savings
Associations.
Burden Estimate:
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Estimated Total annual
Type of burden number of Estimated time Frequency of response estimated
respondents per response burden (hours)
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Small Institutions...................... Recordkeeping.............. 3,054 35 On Occasion...................... 106,890
Medium Institutions..................... Recordkeeping.............. 748 250 On Occasion...................... 187,000
Large Institutions...................... Recordkeeping.............. 31 450 On Occasion...................... 13,950
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Total Estimated Burden.............. ........................... 3,833 .............. ................................. 307,840
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General Description of Collection: Respondents must establish and
maintain procedures designed to monitor and ensure their compliance
with the requirements of the Bank Secrecy Act and the implementing
regulations promulgated by the Department of Treasury at 31 CFR part
103. Respondents must also provide training for appropriate personnel.
4. Title: Forms Relating to Processing Deposit Insurance Claims.
OMB Number: 3064-0143.
Form Number: 7200/04--Declaration for Government Deposit; 7200/05--
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Declaration for Revocable Trust; 7200/06--Declaration of Independent
Activity; 7200/07--Declaration of Independent Activity for
Unincorporated Association; 7200/08--Declaration for Joint Ownership
Deposit; 7200/09--Declaration for Testamentary Deposit; 7200/10--
Declaration for Defined Contribution Plan; 7200/11--Declaration for
IRA/KEOGH Deposit; 7200/12--Declaration for Defined Benefit Plan; 7200/
13--Declaration of Custodian Deposit; 7200/14--Declaration or Health
and Welfare Plan; 7200/15--Declaration for Plan and Trust; 7200/18--
Declaration for Irrevocable Trust; 7200/24--Claimant Verification;
7200/26--Depositor Interview Form.
Affected Public: Any person who has a deposit account relationship
with an insured depository institution that has failed and from whom
more information is needed to complete the deposit insurance
determination.
Burden Estimate:
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Estimated Estimated time Total annual
Type of burden number of per response Frequency of response estimated
respondents (hours) burden (hours)
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Combined Deposit Brokers and Individuals:
7200/04--Declaration for Government Reporting................... 14 .5 On Occasion.................... 7
Deposit.
7200/05--Declaration for Revocable Reporting................... 165 .5 On Occasion.................... 83
Trust.
7200/06--Declaration of Independent Reporting................... 0 .5 On Occasion.................... 0
Activity.
7200/07--Declaration of Independent Reporting................... 0 .5 On Occasion.................... 0
Activity for Unincorporated
Association.
7200/08--Declaration for Joint Reporting................... 0 .5 On Occasion.................... 0
Ownership Deposit.
7200/09--Declaration for Testamentary Reporting................... 21 .5 On Occasion.................... 11
Deposit.
7200/10--Declaration for Defined Reporting................... 0 1 On Occasion.................... 0
Contribution Plan.
7200/11--Declaration for IRA/KEOGH Reporting................... 0 .5 On Occasion.................... 0
Deposit.
7200/12--Declaration for Defined Reporting................... 0 1 On Occasion.................... 0
Benefit Plan.
7200/13--Declaration of Custodian Reporting................... 0 .5 On Occasion.................... 0
Deposit.
7200/14--Declaration or Health and Reporting................... 12 1 On Occasion.................... 12
Welfare Plan.
7200/15--Declaration for Plan and Reporting................... 0 .5 On Occasion.................... 0
Trust.
7200/18--Declaration for Irrevocable Reporting................... 0 .5 On Occasion.................... 0
Trust.
7200/24--Claimant Verification....... Reporting................... 218 .5 On Occasion.................... 109
7200/26--Depositor Interview Form.... Reporting................... 198 .5 On Occasion.................... 99
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Subtotal: Combined Brokers and ............................ 628 .............. ............................... 320
Individuals.
Deposit Brokers Only:
Deposit Broker Submission Checklist.. Reporting................... 136 .08 On Occasion.................... 11.33
Diskette, following ``Broker Input Reporting................... 102 .8 On Occasion.................... 76.5
File Requirements''--burden will
vary depending on the broker's
number of brokered accounts.
Reporting................... 34 5 On Occasion.................... 170
Exhibit B, the standard agency Reporting................... 136 .02 On Occasion.................... 2.27
agreement, or the non-standard
agency agreement.
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Subtotal: Deposit Brokers Only... ............................ 136 .............. ............................... 260.10
Total Hourly Burden.............. ............................ 764 .............. ............................... 580.10
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General Description of Collection: The collection involves forms
used by the FDIC to obtain information from depositors and deposit
brokers necessary to supplement the records of failed insured
depository institutions to make determinations regarding deposit
insurance coverage. The information provided enables the FDIC to
identify the actual owners of an account, each owner's interest in the
account, and the right and capacity in which the deposit is insured.
Request for Comment
Comments are invited on: (a) Whether the collections of information
are 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 collections,
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 collections of
information 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 February 2017.
Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2017-02634 Filed 2-8-17; 8:45 am]
BILLING CODE 6714-01-P