Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 61128-61129 [E8-24349]

Download as PDF 61128 Federal Register / Vol. 73, No. 200 / Wednesday, October 15, 2008 / Notices machines, telephone bill payment; point-of-sale transfers in retail stores, fund transfers initiated through the Internet, and preauthorized transfers to or from a consumer’s account. Board of Governors of the Federal Reserve System, October 8, 2008. Jennifer J. Johnson, Secretary of the Board. [FR Doc. E8–24348 Filed 10–14–08; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB jlentini on PROD1PC65 with NOTICES SUMMARY: Background. Notice is hereby given of the final approval of proposed information collections by the Board of Governors of the Federal Reserve System (Board) under OMB delegated authority, as per 5 CFR 1320.16 (OMB Regulations on Controlling Paperwork Burdens on the Public). Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the Paperwork Reduction Act Submission, supporting statements and approved collection of information instrument(s) are placed into OMB’s public docket files. The Federal Reserve may not conduct or sponsor, and the respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number. FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance Officer—Michelle Shore—Division of Research and Statistics, Board of Governors of the Federal Reserve System, Washington, DC 20551 (202– 452–3829). OMB Desk Officer— Kimberly P. Nelson—Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, Washington, DC 20503. Final Approval Under OMB Delegated Authority of the Extension for Three Years, With Revision, of the Following Reports 1. Report title: Survey of Terms of Lending. Agency form number: FR 2028A, FR 2028B, and FR 2028S. OMB control number: 7100–0061. Frequency: Quarterly. Reporters: Commercial banks; and U.S. branches and agencies of foreign banks (FR 2028A and FR 2028S only). VerDate Aug<31>2005 18:32 Oct 14, 2008 Jkt 217001 Annual reporting hours: 6,840 hours. Estimated average hours per response: FR 2028A, 3.4 hours; FR 2028B, 1.2 hours; and FR 2028S, 0.1 hours. Number of respondents: FR 2028A, 398; FR 2028B, 250; and FR 2028S, 567. General description of report: This information collection is authorized by section 11(a)(2) of the Federal Reserve Act [12 U.S.C. 248(a)(2)] and is voluntary. Individual responses are regarded as confidential under the Freedom of Information Act [5 U.S.C. 552(b)(4)]. Abstract: The Survey of Terms of Lending provides unique information concerning both price and certain nonprice terms of loans made to businesses and farmers during the first full business week of the mid-month of each quarter (February, May, August, and November). The survey comprises three reporting forms: The FR 2028A, Survey of Terms of Business Lending; the FR 2028B, Survey of Terms of Bank Lending to Farmers; and the FR 2028S, Prime Rate Supplement to the Survey of Terms of Lending. The FR 2028A and FR 2028B collect detailed data on individual loans made during the survey week, and the FR 2028S collects the prime interest rate for each day of the survey from both FR 2028A and FR 2028B respondents. From these sample data, estimates of the terms of business loans and farm loans extended during the reporting week are constructed. The aggregate estimates for business loans are published in the quarterly E.2 release, Survey of Terms of Business Lending, and aggregate estimates for farm loans are published in the quarterly E.15 release, Agricultural Finance Databook. Current Actions: On August 4, 2008, the Federal Reserve published a notice in the Federal Register (73 FR 45222) requesting public comment for 60 days on the extension, with revision, of the FR 2028. The comment period for this notice expired on October 3, 2008. The Federal Reserve did not receive any comments on the proposed revisions. The revisions will be implemented as proposed. 2. Report title: Report of Terms of Credit Card Plans. Agency form number: FR 2572. OMB control number: 7100–0239. Frequency: Semi-annual. Reporters: Commercial banks, savings banks, industrial banks, and savings and loans associations. Annual reporting hours: 75 hours. Estimated average hours per response: 0.25 hours. Number of respondents: 150. General description of report: This information collection is voluntary (15 PO 00000 Frm 00112 Fmt 4703 Sfmt 4703 U.S.C. 1646(b)) and is not given confidential treatment. Abstract: This report collects data on credit card pricing and availability from a sample of at least 150 financial institutions that offer credit cards to the general public. The information is reported to the Congress and made available to the public in order to promote competition within the industry. Current Actions: On August 4, 2008, the Federal Reserve published a notice in the Federal Register (73 FR 45222) requesting public comment for 60 days on the extension, with revision, of this information collection. The comment period for this notice expired on October 3, 2008. The Federal Reserve did not receive any comments. The revisions will be implemented as proposed. 3. Report title: The Report of Transaction Accounts, Other Deposits and Vault Cash. Agency form number: FR 2900. OMB control number: 7100–0087. Frequency: Weekly, quarterly. Reporters: Depository institutions. Annual reporting hours: 615,902 hours. Estimated average hours per response: 3.50 hours. Number of respondents: 2,996 weekly and 5,045 quarterly. General description of report: This information collection is mandatory (12 U.S.C. 248(a), 461, 603, and 615) and is given confidential treatment (5 U.S.C. 552(b)(4)). Abstract: Nonexempt institutions— defined as those with net transaction accounts greater than the exemption amount or with the sum of total transaction accounts, savings deposits, and small time deposits equal to or greater than the reduced reporting limit—file the fifteen-item FR 2900 weekly if the sum of their total transaction accounts, savings deposits, and small time deposits is equal to or greater than the nonexempt deposit cutoff and quarterly if the sum of their total transaction accounts, savings deposits, and small time deposits is less than the nonexempt deposit cutoff. U.S. branches and agencies of foreign banks and banking Edge and agreement corporations are required to submit FR 2900 data weekly regardless of their deposit size. These mandatory data are used by the Federal Reserve for administering Regulation D (Reserve Requirements of Depository Institutions) and for constructing, analyzing, and monitoring the monetary and reserve aggregates. Current Actions: On August 4, 2008, the Federal Reserve published a notice E:\FR\FM\15OCN1.SGM 15OCN1 Federal Register / Vol. 73, No. 200 / Wednesday, October 15, 2008 / Notices in the Federal Register (73 FR 45222) requesting public comment for 60 days on the extension, with revision, of this information collection. The comment period for this notice expired on October 3, 2008. The Federal Reserve did not receive any substantive comments. The revisions will be implemented as proposed. 4. Report title: The Annual Report of Deposits and Reservable Liabilities. Agency form number: FR 2910a. OMB control number: 7100–0175. Frequency: Annually. Reporters: Depository institutions. Annual reporting hours: 3,659 hours. Estimated average hours per response: 0.75 hours. Number of respondents: 4,878. General description of report: This information collection is mandatory (12 U.S.C. 248(a) and 461) and is given confidential treatment (5 U.S.C. 552(b)(4)). Abstract: Currently, the three-item FR 2910a is generally filed by exempt institutions whose net transaction accounts are less than or equal to the exemption amount and whose sum of total transaction accounts, savings deposits, and small time deposits is less than the reduced reporting limit but total deposits are greater than the exemption amount. Respondents submit single-day data as of June 30. These mandatory data are used by the Federal Reserve for administering Regulation D (Reserve Requirements of Depository Institutions) and for constructing, analyzing, and monitoring the monetary and reserve aggregates. Current Actions: On August 4, 2008, the Federal Reserve published a notice in the Federal Register (73 FR 45222) requesting public comment for 60 days on the extension, with revision, of this information collection. The comment period for this notice expired on October 3, 2008. The Federal Reserve did not receive any comments. The revisions will be implemented as proposed. Board of Governors of the Federal Reserve System, October 8, 2008. Jennifer J. Johnson, Secretary of the Board. [FR Doc. E8–24349 Filed 10–14–08; 8:45 am] BILLING CODE 6210–01–P jlentini on PROD1PC65 with NOTICES FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and VerDate Aug<31>2005 18:32 Oct 14, 2008 Jkt 217001 § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the office of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than October 28, 2008. A. Federal Reserve Bank of Kansas City (Todd Offenbacker, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. Peggy J. Wisdom, M.D., Edmond, Oklahoma, individually and as Personal Representative of the Estate of Grace V. Wisdom, to retain control of Grace Investment Company, Inc., and thereby indirectly retain control of Alva State Bank and Trust Company, both of Alva, Oklahoma, and First National Bank in Okeene, Okeene, Oklahoma. Board of Governors of the Federal Reserve System, October 8, 2008. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E8–24345 Filed 10–14–08; 8:45 am] BILLING CODE 6210–01–S FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below. The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The applications also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also PO 00000 Frm 00113 Fmt 4703 Sfmt 4703 61129 includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Additional information on all bank holding companies may be obtained from the National Information Center website at www.ffiec.gov/nic/. Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than November 7, 2008. A. Federal Reserve Bank of Kansas City (Todd Offenbacker, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. The Grace Investment Company, Inc. ESOP, to become a bank holding company by acquiring 30 percent of the voting shares of Grace Investment Company, Inc., and thereby indirectly acquire voting shares of Alva State Bank & Trust Company, all of Alva, Oklahoma, and First National Bank in Okeene, Okeene, Oklahoma. B. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President) 2200 North Pearl Street, Dallas, Texas 75201– 2272: 1. CBFH, Inc., Orange, Texas, to merge with Crosby Bancshares, Inc., Crosby, Texas, and thereby indirectly acquire Crosby Bancshares of Delaware, Inc., Wilmington, Delaware, and Crosby State Bank, Crosby, Texas. In connection with the above application, Hillister Enterprises, II, Inc., and Umphrey II Family Limited Partnership, both of Beaumont, Texas, also have applied to acquire the successor by merger of Crosby Bancshares, Inc., Crosby, Texas, and CBFH, Inc., Orange, Texas. Board of Governors of the Federal Reserve System, October 8, 2008. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E8–24347 Filed 10–14–08; 8:45 am] BILLING CODE 6210–01–S FEDERAL RESERVE SYSTEM Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities; Correction This notice corrects a notice (FR Doc. E8-23644) published on pages 58592 and 58593 of the issue for Tuesday, October 7, 2008. Under the Federal Reserve Bank of Richmond, the entry for Bank of E:\FR\FM\15OCN1.SGM 15OCN1

Agencies

[Federal Register Volume 73, Number 200 (Wednesday, October 15, 2008)]
[Notices]
[Pages 61128-61129]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-24349]


-----------------------------------------------------------------------

FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

SUMMARY: Background. Notice is hereby given of the final approval of 
proposed information collections by the Board of Governors of the 
Federal Reserve System (Board) under OMB delegated authority, as per 5 
CFR 1320.16 (OMB Regulations on Controlling Paperwork Burdens on the 
Public). Board-approved collections of information are incorporated 
into the official OMB inventory of currently approved collections of 
information. Copies of the Paperwork Reduction Act Submission, 
supporting statements and approved collection of information 
instrument(s) are placed into OMB's public docket files. The Federal 
Reserve may not conduct or sponsor, and the respondent is not required 
to respond to, an information collection that has been extended, 
revised, or implemented on or after October 1, 1995, unless it displays 
a currently valid OMB control number.

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer--Michelle Shore--Division of Research and Statistics, Board of 
Governors of the Federal Reserve System, Washington, DC 20551 (202-452-
3829). OMB Desk Officer--Kimberly P. Nelson--Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 10235, Washington, DC 20503.

Final Approval Under OMB Delegated Authority of the Extension for Three 
Years, With Revision, of the Following Reports

    1. Report title: Survey of Terms of Lending.
    Agency form number: FR 2028A, FR 2028B, and FR 2028S.
    OMB control number: 7100-0061.
    Frequency: Quarterly.
    Reporters: Commercial banks; and U.S. branches and agencies of 
foreign banks (FR 2028A and FR 2028S only).
    Annual reporting hours: 6,840 hours.
    Estimated average hours per response: FR 2028A, 3.4 hours; FR 
2028B, 1.2 hours; and FR 2028S, 0.1 hours.
    Number of respondents: FR 2028A, 398; FR 2028B, 250; and FR 2028S, 
567.
    General description of report: This information collection is 
authorized by section 11(a)(2) of the Federal Reserve Act [12 U.S.C. 
248(a)(2)] and is voluntary. Individual responses are regarded as 
confidential under the Freedom of Information Act [5 U.S.C. 552(b)(4)].
    Abstract: The Survey of Terms of Lending provides unique 
information concerning both price and certain nonprice terms of loans 
made to businesses and farmers during the first full business week of 
the mid-month of each quarter (February, May, August, and November). 
The survey comprises three reporting forms: The FR 2028A, Survey of 
Terms of Business Lending; the FR 2028B, Survey of Terms of Bank 
Lending to Farmers; and the FR 2028S, Prime Rate Supplement to the 
Survey of Terms of Lending. The FR 2028A and FR 2028B collect detailed 
data on individual loans made during the survey week, and the FR 2028S 
collects the prime interest rate for each day of the survey from both 
FR 2028A and FR 2028B respondents. From these sample data, estimates of 
the terms of business loans and farm loans extended during the 
reporting week are constructed. The aggregate estimates for business 
loans are published in the quarterly E.2 release, Survey of Terms of 
Business Lending, and aggregate estimates for farm loans are published 
in the quarterly E.15 release, Agricultural Finance Databook.
    Current Actions: On August 4, 2008, the Federal Reserve published a 
notice in the Federal Register (73 FR 45222) requesting public comment 
for 60 days on the extension, with revision, of the FR 2028. The 
comment period for this notice expired on October 3, 2008. The Federal 
Reserve did not receive any comments on the proposed revisions. The 
revisions will be implemented as proposed.
    2. Report title: Report of Terms of Credit Card Plans.
    Agency form number: FR 2572.
    OMB control number: 7100-0239.
    Frequency: Semi-annual.
    Reporters: Commercial banks, savings banks, industrial banks, and 
savings and loans associations.
    Annual reporting hours: 75 hours.
    Estimated average hours per response: 0.25 hours.
    Number of respondents: 150.
    General description of report: This information collection is 
voluntary (15 U.S.C. 1646(b)) and is not given confidential treatment.
    Abstract: This report collects data on credit card pricing and 
availability from a sample of at least 150 financial institutions that 
offer credit cards to the general public. The information is reported 
to the Congress and made available to the public in order to promote 
competition within the industry.
    Current Actions: On August 4, 2008, the Federal Reserve published a 
notice in the Federal Register (73 FR 45222) requesting public comment 
for 60 days on the extension, with revision, of this information 
collection. The comment period for this notice expired on October 3, 
2008. The Federal Reserve did not receive any comments. The revisions 
will be implemented as proposed.
    3. Report title: The Report of Transaction Accounts, Other Deposits 
and Vault Cash.
    Agency form number: FR 2900.
    OMB control number: 7100-0087.
    Frequency: Weekly, quarterly.
    Reporters: Depository institutions.
    Annual reporting hours: 615,902 hours.
    Estimated average hours per response: 3.50 hours.
    Number of respondents: 2,996 weekly and 5,045 quarterly.
    General description of report: This information collection is 
mandatory (12 U.S.C. 248(a), 461, 603, and 615) and is given 
confidential treatment (5 U.S.C. 552(b)(4)).
    Abstract: Nonexempt institutions--defined as those with net 
transaction accounts greater than the exemption amount or with the sum 
of total transaction accounts, savings deposits, and small time 
deposits equal to or greater than the reduced reporting limit--file the 
fifteen-item FR 2900 weekly if the sum of their total transaction 
accounts, savings deposits, and small time deposits is equal to or 
greater than the nonexempt deposit cutoff and quarterly if the sum of 
their total transaction accounts, savings deposits, and small time 
deposits is less than the nonexempt deposit cutoff. U.S. branches and 
agencies of foreign banks and banking Edge and agreement corporations 
are required to submit FR 2900 data weekly regardless of their deposit 
size. These mandatory data are used by the Federal Reserve for 
administering Regulation D (Reserve Requirements of Depository 
Institutions) and for constructing, analyzing, and monitoring the 
monetary and reserve aggregates.
    Current Actions: On August 4, 2008, the Federal Reserve published a 
notice

[[Page 61129]]

in the Federal Register (73 FR 45222) requesting public comment for 60 
days on the extension, with revision, of this information collection. 
The comment period for this notice expired on October 3, 2008. The 
Federal Reserve did not receive any substantive comments. The revisions 
will be implemented as proposed.
    4. Report title: The Annual Report of Deposits and Reservable 
Liabilities.
    Agency form number: FR 2910a.
    OMB control number: 7100-0175.
    Frequency: Annually.
    Reporters: Depository institutions.
    Annual reporting hours: 3,659 hours.
    Estimated average hours per response: 0.75 hours.
    Number of respondents: 4,878.
    General description of report: This information collection is 
mandatory (12 U.S.C. 248(a) and 461) and is given confidential 
treatment (5 U.S.C. 552(b)(4)).
    Abstract: Currently, the three-item FR 2910a is generally filed by 
exempt institutions whose net transaction accounts are less than or 
equal to the exemption amount and whose sum of total transaction 
accounts, savings deposits, and small time deposits is less than the 
reduced reporting limit but total deposits are greater than the 
exemption amount. Respondents submit single-day data as of June 30. 
These mandatory data are used by the Federal Reserve for administering 
Regulation D (Reserve Requirements of Depository Institutions) and for 
constructing, analyzing, and monitoring the monetary and reserve 
aggregates.
    Current Actions: On August 4, 2008, the Federal Reserve published a 
notice in the Federal Register (73 FR 45222) requesting public comment 
for 60 days on the extension, with revision, of this information 
collection. The comment period for this notice expired on October 3, 
2008. The Federal Reserve did not receive any comments. The revisions 
will be implemented as proposed.

    Board of Governors of the Federal Reserve System, October 8, 
2008.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E8-24349 Filed 10-14-08; 8:45 am]
BILLING CODE 6210-01-P