Proposed and Continuing Information Collections Under the Paperwork Reduction Act; Electronic Operations, 44351-44352 [E8-17362]

Agencies

• DEPARTMENT OF THE TREASURY
• Office of Thrift Supervision

[Federal Register Volume 73, Number 147 (Wednesday, July 30, 2008)]
[Notices]
[Pages 44351-44352]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-17362]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Proposed and Continuing Information Collections Under the 
Paperwork Reduction Act; Electronic Operations

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 September 29, 2008.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or

[[Page 44352]]

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 http://
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 
public.info@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 Lewis C. Angel, (202) 
906-5845, 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: Electronic Operations.
    OMB Number: 1550-0095.
    Form Numbers: N/A.
    Regulation requirement: 12 CFR part 555.
    Description: With the increased focus of institutions on the use of 
electronic channels to perform their daily operations and offer new 
products and services, the Office of Thrift Supervision (``OTS'') plays 
an important role in evaluating an institution's risks in the use of 
information technology.
    Federal savings associations may use, or participate with others to 
use, electronic means or facilities to perform any function, or provide 
any product or service, as part of an authorized activity. 12 CFR part 
555. Electronic means or facilities include, but are not limited to, 
automated teller machines, automated loan machines, personal computers, 
the Internet, the World Wide Web, telephones, and other similar 
electronic devices. The regulation also requires each savings 
association to notify OTS at least 30 days before establishing a 
transactional Web site. Savings associations that present supervisory 
or compliance concerns may be subject to additional procedural 
requirements.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses or other for-profit.
    Estimated Number of Respondents: 80.
    Estimated Number of Responses: 80.
    Estimated Frequency of Response: Other; transactionally.
    Estimated Total Burden: 160 hours.
    Clearance Officer: Ira L. Mills, (202) 906-6531, Office of Thrift 
Supervision, 1700 G Street, NW., Washington, DC 20552.

    Dated: July 24, 2008.
Deborah Dakin,
Senior Deputy Chief Counsel, Regulations and Legislation Division.
[FR Doc. E8-17362 Filed 7-29-08; 8:45 am]
BILLING CODE 6720-01-P