[Federal Register Volume 62, Number 109 (Friday, June 6, 1997)]
[Notices]
[Page 31189]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-14774]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Proposed Collection; Comment Request

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The OCC, 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 proposed and/or 
continuing information collections, as required by the Paperwork 
Reduction Act of 1995. Currently, the OCC is soliciting comments 
concerning the revision of an information collection formerly titled 
Preliminary Survey of Nonbanked Status and now retitled Survey of 
Financial Activities and Attitudes.

DATES: Written comments should be submitted by August 5, 1997.

ADDRESSES: Direct all written comments to the Communications Division, 
Attention: 1557-0209, Third Floor, Office of the Comptroller of the 
Currency, 250 E Street, SW, Washington, DC 20219. In addition, comments 
may be sent by facsimile transmission to (202) 874-5274, or by 
electronic mail to [email protected].

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the collection may be obtained by contacting Jessie Gates or 
Dionne Walsh, (202) 874-5090, Legislative and Regulatory Activities 
Division (1557-0209), Office of the Comptroller of the Currency, 250 E 
Street, SW, Washington, DC 20219.

SUPPLEMENTARY INFORMATION:

    Title: Survey of Financial Activities and Attitudes.
    OMB Number: 1557-0209.
    Form Number: Not Applicable.
    Abstract: The OCC encourages national banks to provide fair access 
to financial services for all. Last fall, the OCC initiated a major 
project to learn more about why millions of households have no banking 
relationships (nonbanked), and whether some banks have found ways of 
profitably serving them.
    As the first part of this initiative, the OCC prepared the 
Preliminary Survey of Nonbanked Status. The OCC now plans to conduct a 
Survey of Financial Activities and Attitudes (Final Survey) to learn 
more about how nonbanked households conduct their financial activities 
and what factors may keep them from using banking services.
    The OCC will conduct the Final Survey through a contractor, in 
several urban locations, and in English and Spanish. The Final Survey 
will involve both personal contacts and telephone interviews.
    The Final Survey will provide the OCC, as well as national banks 
and the general public, with information on diversity within the 
nonbanked population; how nonbanked households currently conduct their 
financial activities; their experience with, and interest in, banking 
services; and the financial service costs they incur.
    The OCC will use this information to better assess national bank 
efforts to serve nonbanked households. Further, the OCC and the 
industry will use this information to identify effective methods for 
better serving nonbanked households and to identify barriers to 
financial services they face. The OCC also will use the results of the 
Final Survey as background information in its policymaking process.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Individuals or households.
    Number of Respondents: 1,000 respondents.
    Total Annual Responses: 1,000 responses.
    Frequency of Response: One time only.
    Total Annual Burden: 500 hours.
    Comments: Comments submitted in response to this notice will be 
summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on:
    (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information has practical utility;
    (b) The accuracy of the agency's estimate of the burden of the 
collection of information;
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (d) Ways to minimize the burden of the collection on respondents, 
including through the use of automated collection techniques or other 
forms of information technology; and
    (e) Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: June 2, 1997.
Karen Solomon,
Director, Legislative and Regulatory Activities Division.
[FR Doc. 97-14774 Filed 6-5-97; 8:45 am]
BILLING CODE 4810-33-P