Minimum Security Devices and Procedures, 15368-15369 [2011-6477]

Agencies

• DEPARTMENT OF THE TREASURY
• Office of Thrift Supervision

[Federal Register Volume 76, Number 54 (Monday, March 21, 2011)]
[Notices]
[Pages 15368-15369]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-6477]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Minimum Security Devices and Procedures

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 May 20, 2011.

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 
http:[sol][sol]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">public.info@ots.treas.gov, or send a

[[Page 15369]]

facsimile transmission to (202) 906-7755.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
about this proposed information collection from Josephine Battle on 
(202) 906-6870, 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: Minimum Security Devices and Procedures.
    OMB Number: 1550-0062.
    Form Number: N/A.
    Description: The requirement that savings associations establish a 
written security program is necessitated by the Bank Protection Act (12 
U.S.C. 1881-1884), which requires the Federal supervisory agencies to 
promulgate rules establishing minimum standards with which each 
financial institution must comply with respect to the installation, 
maintenance, and operation of security devices and procedures to 
discourage robberies, burglaries, and larcenies, and to assist in the 
identification and apprehension of persons who commit such acts.
    Pursuant to the statutory mandate, OTS adopted its regulations in 
1969 (12 CFR part 568). These regulations were revised in 1991 and in 
2001. In accordance with Part 568, a savings association must adopt a 
written security program, the association's board of directors must 
approve the program, and each association's security officer must 
report annually to the board on the effectiveness of the program. 
Section 568.5 requires that savings associations and their subsidiaries 
comply with the Interagency Guidelines Establishing Information 
Security Standards, set forth in Appendix B to part 570. The other 
Federal supervisory agencies, Office of the Comptroller of the 
Currency, Board of the Governors of the Federal Reserve System, and 
Federal Deposit Insurance Corporation, adopted virtually identical 
regulations in 1969, and likewise revised them in 1991 and 2001.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses or other for-profit.
    Estimated Number of Respondents: 741.
    Estimated Frequency of Response: Annually.
    Estimated Total Burden: 1,482 hours.

    Dated: March 15, 2011.
Ira L. Mills,
Paperwork Clearance Officer, Office of Chief Counsel, Office of Thrift 
Supervision.
[FR Doc. 2011-6477 Filed 3-18-11; 8:45 am]
BILLING CODE 6720-01-P