Proposed Agency Information Collection Activities; Comment Request-Fiduciary Powers of Savings Associations, 21276 [05-8142]

Agencies

• DEPARTMENT OF THE TREASURY
• Office of Thrift Supervision
• Thrift Supervision Office

[Federal Register Volume 70, Number 78 (Monday, April 25, 2005)]
[Notices]
[Page 21276]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-8142]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Proposed Agency Information Collection Activities; Comment 
Request--Fiduciary Powers of Savings Associations

AGENCY: Office of Thrift Supervision (OTS), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to comment on proposed and continuing 
information collections, as required by the Paperwork Reduction Act of 
1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the 
Department of the Treasury will submit the proposed information 
collection requirement described below to the Office of Management and 
Budget (OMB) for review, as required by the Paperwork Reduction Act. 
Today, OTS is soliciting public comments on its proposal to extend this 
information collection.

DATES: Submit written comments on or before June 24, 2005.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to Information Collection Comments, 
Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street, 
NW., Washington, DC 20552; send a facsimile transmission to (202) 906-
6518; or send an e-mail to infocollection.comments@ots.treas.gov. OTS 
will post comments and the related index on the OTS Internet Site at 
www.ots.treas.gov. In addition, interested persons may inspect comments 
at the Public Reading Room, 1700 G Street, NW., by appointment. To make 
an appointment, call (202) 906-5922, send an e-mail to 
publicinfo@ots.treas.gov, or send a facsimile transmission to (202) 
906-7755.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
about this proposed information collection from Timothy Leary, Special 
Counsel for BSA Compliance, (202) 906-7170, Office of Thrift 
Supervision, 1700 G Street, NW., Washington, DC 20552.

SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an 
information collection, and respondents are not required to respond to 
an information collection, unless the information collection displays a 
currently valid OMB control number. As part of the approval process, we 
invite comments on the following information collection.
    Comments should address one or more of the following points:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the functions of OTS;
    b. The accuracy of OTS's estimate of the burden of the proposed 
information collection;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of the information collection on 
respondents, including through the use of information technology.
    We will summarize the comments that we receive and include them in 
the OTS request for OMB approval. All comments will become a matter of 
public record. In this notice, OTS is soliciting comments concerning 
the following information collection.
    Title of Proposal: Fiduciary Powers of Savings Associations.
    OMB Number: 1550-0037.
    Form Number: N/A.
    Regulation Requirement: 12 CFR 550.70(c) and 550.125.
    Description: Section 550.70(c) of OTS's regulations requires that a 
federal savings association that wants to commence in a new state 
fiduciary activities that are not materially different from those that 
OTS has already approved must file a notice with OTS. Instructions for 
filing the notice are found at 12 CFR 550.125. OTS must know when a 
federal savings association is acting in a fiduciary capacity in a new 
state, in order to effectively monitor and examine the fiduciary 
activities of the association.
    Type of Review: Renewal.
    Affected Public: Savings Associations.
    Estimated Number of Respondents: 10.
    Estimated Number of Responses: 10.
    Estimated Burden Hours per Response: 3 hours.
    Estimated Frequency of Response: Event-generated.
    Estimated Total Burden: 30 hours.
    Clearance Officer: Marilyn K. Burton, (202) 906-6467, Office of 
Thrift Supervision, 1700 G Street, NW., Washington, DC 20552.
    OMB Reviewer: Mark Menchik, (202) 395-3176, Office of Management 
and Budget, Room 10236, New Executive Office Building, Washington, DC 
20503.

    Dated: April 14, 2005.

    By the Office of Thrift Supervision.
James E. Gilleran,
Director.
[FR Doc. 05-8142 Filed 4-22-05; 8:45 am]
BILLING CODE 6720-01-P