Agency Information Collection Activities: Submission for OMB Review; Comment Request, 51813 [2010-20792]

Agencies

• FEDERAL DEPOSIT INSURANCE CORPORATION

[Federal Register Volume 75, Number 162 (Monday, August 23, 2010)]
[Notices]
[Page 51813]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-20792]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collections to be submitted to OMB for 
review and approval under the Paperwork Reduction Act.

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SUMMARY: In accordance with requirements of the Paperwork Reduction Act 
of 1995 (``PRA''), 44 U.S.C. 3501 et seq., the FDIC may not conduct or 
sponsor, and the respondent is not required to respond to, an 
information collection unless it displays a currently valid Office of 
Management and Budget (OMB) control number. The FDIC, 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 the renewal of existing information collections, as 
required by the PRA. On June 16, 2010 (75 FR 34137), the FDIC solicited 
public comment for a 60-day period on renewal of the following three 
information collections: Quarterly Certified Statements Invoice (OMB 
No. 3064-0057); Student Educational Employment Program (OMB No. 3064-
0147); and Complex Structured Finance Transactions (OMB No. 3064-0148). 
No comments were received. Therefore, the FDIC hereby gives notice of 
submission of its requests for renewal to OMB for review.

DATES: Comments must be submitted on or before September 22, 2010.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     https://www.FDIC.gov/regulations/laws/federal/notices.html.
     E-mail: comments@fdic.gov. Include the name and number of 
the collection in the subject line of the message.
     Mail: Leneta G. Gregorie (202-898-3719), Counsel, Room F-
1064, 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 a.m. and 5 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: Leneta Gregorie, at the FDIC address 
above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently 
approved collections of information:
    1. Title: Quarterly Certified Statements Invoice (formerly known as 
Certified Statement for Deposit Insurance Assessment).
    OMB Number: 3064-0057.
    Affected Public: Insured financial institutions.
    Estimated Number of Respondents: 7,966.
    Estimated Time per Response: 20 minutes.
    Frequency of Response: Quarterly.
    Total Annual Burden: 10,621 hours.
    General Description of Collection: The FDIC collects deposit 
insurance assessments quarterly by means of direct debits through the 
automated Clearing House network.
    2. Title: Student Educational Employment Program.
    OMB Number: 3064-0147.
    Affected Public: Students seeking employment with the FDIC.
    Estimated Number of Responses: 700.
    Estimated Time per Response: 20 minutes.
    Frequency of Response: On occasion.
    Total Annual Burden: 234 hours.
    General Description of Collection: The application form used in 
this collection ensures that students seeking employment with FDIC as 
participants in either one of the two components of the Student 
Educational Employment Program (i.e., the Student Temporary Employment 
Program (STEP) or the Student Career Experience Program (SCEP)) meet 
the government-wide eligibility criteria established by the Office of 
Personnel Management as well as the internal eligibility criteria 
established by the FDIC. The information collected will include 
information on the applicant's coursework, grade point averages, and 
relationship to any FDIC employee.
    3. Title: Complex Structured Finance Transactions.
    OMB Number: 3064-0148.
    Affected Public: State nonmember banks actively involved in complex 
structured finance transactions.
    Estimated Number of Responses: 5.
    Estimated Time per Response: 25 hours.
    Frequency of Response: On occasion.
    Total Annual Burden: 125 hours.
    General Description of Collection: Institutions verify and update 
their policies and procedures regarding complex structured finance 
transactions periodically to ensure that they are adequate and current.

Request for Comment

    Comments are invited on: (a) Whether these 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 
information collections 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 17th day of August, 2010.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2010-20792 Filed 8-20-10; 8:45 am]
BILLING CODE 6714-01-P