Agency Information Collection Activities; Submission for OMB Review; Joint Comment Request, 24486-24489 [2011-10592]
Download as PDF
<![CDATA[
24486
Federal Register / Vol. 76, No. 84 / Monday, May 2, 2011 / Notices
Additionally, the information is
sometimes used by Commission staff to
develop statistics about the demand for
various wireless telecommunications
licenses and about the performance of
the licensing process itself, and on
occasion for rule enforcement purposes.
Federal Communications Commission.
Gloria Miles,
Federal Register Liaison, Office of the
Secretary, Office of Managing Director.
[FR Doc. 2011–10474 Filed 4–29–11; 8:45 am]
BILLING CODE 6712–01–P
FEDERAL COMMUNICATIONS
COMMISSION
[CC Docket No. 92–237; DA 11–745]
Next Meeting of the North American
Numbering Council
Federal Communications
Commission.
ACTION: Notice.
AGENCY:
The Commission released a
public notice announcing the meeting
and agenda of the North American
Numbering Council (NANC). The
intended effect of this action is to make
the public aware of the NANC’s next
meeting and agenda.
DATES: Tuesday, May 17, 2011, 9:30 a.m.
ADDRESSES: Requests to make an oral
statement or provide written comments
to the NANC should be sent to Deborah
Blue, Competition Policy Division,
Wireline Competition Bureau, Federal
Communications Commission, Portals
II, 445 Twelfth Street, SW., Room 5–
C162, Washington, DC 20554.
FOR FURTHER INFORMATION CONTACT:
Deborah Blue, Special Assistant to the
Designated Federal Officer (DFO) at
(202) 418–1466 or
Deborah.Blue@fcc.gov. The fax number
is: (202) 418–1413. The TTY number is:
(202) 418–0484.
SUPPLEMENTARY INFORMATION: This is a
summary of the Commission’s
document in CC Docket No. 92–237, DA
11–745 released April 26, 2011. The
complete text in this document is
available for public inspection and
copying during normal business hours
in the FCC Reference Information
Center, Portals II, 445 12th Street, SW.,
Room CY–A257, Washington, DC 20554.
The document may also be purchased
from the Commission’s duplicating
contractor, Best Copy and Printing, Inc.,
445 12th Street, SW., Room CY–B402,
Washington, DC 20554, telephone (800)
378–3160 or (202) 863–2893, facsimile
(202) 863–2898, or via the Internet at
https://www.bcpiweb.com. It is available
mstockstill on DSKH9S0YB1PROD with NOTICES6
SUMMARY:
VerDate Mar<15>2010
17:48 Apr 29, 2011
Jkt 223001
on the Commission’s Web site at
https://www.fcc.gov.
The North American Numbering
Council (NANC) has scheduled a
meeting to be held Tuesday, May 17,
2011, from 9:30 a.m. until 5 p.m. The
meeting will be held at the Federal
Communications Commission, Portals
II, 445 Twelfth Street, SW., Room TW–
C305, Washington, DC. This meeting is
open to members of the general public.
The FCC will attempt to accommodate
as many participants as possible. The
public may submit written statements to
the NANC, which must be received two
business days before the meeting. In
addition, oral statements at the meeting
by parties or entities not represented on
the NANC will be permitted to the
extent time permits. Such statements
will be limited to five minutes in length
by any one party or entity, and requests
to make an oral statement must be
received two business days before the
meeting. People with Disabilities: To
request materials in accessible formats
for people with disabilities (braille,
large print, electronic files, audio
format), send an e-mail to
fcc504@fcc.gov or call the Consumer
and Governmental Affairs Bureau at
202–418–0530 (voice), 202–418–0432
(tty). Reasonable accommodations for
people with disabilities are available
upon request. Include a description of
the accommodation you will need,
including as much detail as you can.
Also include a way we can contact you
if we need more information. Please
allow at least five days advance notice;
last minute requests will be accepted,
but may be impossible to fill.
Proposed Agenda: Tuesday, May 17,
2011, 9:30 a.m.*
1. Announcements and Recent News.
2. Approval of Transcript—Meeting of
March 9, 2011.
3. Report of the North American
Numbering Plan Administrator
(NANPA).
4. Report of the National Thousands
Block Pooling Administrator (PA).
5. Report of the Numbering Oversight
Working Group (NOWG).
6. Report of the North American
Numbering Plan Billing and Collection
(NANP B&C) Agent.
7. Report of the Billing and Collection
Working Group (B&C WG).
8. Report of the North American
Portability Management LLC (NAPM
LLC).
9. Implementation of FCC Order on
LNPA Selection Process.
10. Report of the Local Number
Portability Administration (LNPA)
Working Group.
PO 00000
Frm 00030
Fmt 4703
Sfmt 4703
11. Status of the Industry Numbering
Committee (INC) activities.
12. Report of the Future of Numbering
Working Group (FoN WG).
13. Summary of Action Items.
14. Public Comments and
Participation (5 minutes per speaker).
15. Other Business.
Adjourn no later than 5 p.m.
*The Agenda may be modified at the
discretion of the NANC Chairman with
the approval of the DFO.
Federal Communications Commission.
Deborah Blue,
Program Analyst, Wireline Competition
Bureau.
[FR Doc. 2011–10606 Filed 4–29–11; 8:45 am]
BILLING CODE 6712–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
Agency Information Collection
Activities; Submission for OMB
Review; Joint Comment Request
Federal Deposit Insurance
Corporation (FDIC) and Office of Thrift
Supervision (OTS), Treasury.
ACTION: Notice.
AGENCIES:
In accordance with the
requirements of the Paperwork
Reduction Act (PRA) of 1995 (44 U.S.C.
chapter 35), the FDIC and the OTS (the
‘‘agencies’’) 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. On February 8,
2011, the agencies requested public
comment for 60 days on their proposal
to require savings associations currently
filing data through the Branch Office
Survey System (BOS) with the OTS to
convert to filing data through the
Summary of Deposits Survey (SOD)
with the FDIC (76 FR 7087). The BOS
and the SOD are currently approved
collections of information. One
comment letter was received on the
proposal. After considering the
comment received on the proposal, the
agencies hereby give notice of their plan
to proceed with the reporting changes
proposed and will submit the proposal
to OMB for review and approval.
DATES: Comments must be submitted on
or before June 1, 2011.
ADDRESSES: Interested parties are
invited to submit written comments to
either or both of the agencies. All
SUMMARY:
E:\FR\FM\02MYN1.SGM
02MYN1
mstockstill on DSKH9S0YB1PROD with NOTICES6
Federal Register / Vol. 76, No. 84 / Monday, May 2, 2011 / Notices
comments, which should refer to the
OMB control number(s), will be shared
between the agencies.
FDIC: You may submit comments,
which should refer to ‘‘Summary of
Deposits Survey, 3064–0061,’’ by any of
the following methods:
• Agency Web Site: https://
www.fdic.gov/regulations/laws/federal/
propose.html. Follow the instructions
for submitting comments on the FDIC
Web site.
• Federal eRulemaking Portal: https://
www.regulations.gov. Follow the
instructions for submitting comments.
• E-mail: comments@FDIC.gov.
Include ‘‘Summary of Deposits Survey,
3064–0061’’ in the subject line of the
message.
• Mail: Gary A. Kuiper, (202) 898–
3877, Counsel, Attn: Comments, Room
F–1086, 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 550 17th Street Building
(located on F Street) on business days
between 7 a.m. and 5 p.m.
Public Inspection: All comments
received will be posted without change
to https://www.fdic.gov/regulations/laws/
federal/propose.html including any
personal information provided.
Comments may be inspected at the FDIC
Public Information Center, Room E–
1002, 3501 Fairfax Drive, Arlington, VA
22226, between 9 a.m. and 5 p.m. on
business days.
OTS: You may submit comments,
identified by ‘‘1550–0004 (Branch Office
Survey System),’’ by any of the
following methods:
• Federal eRulemaking Portal: https://
www.regulations.gov. Follow the
instructions for submitting comments.
• E-mail address:
infocollection.comments@ots.treas.gov.
Please include ‘‘1550–0004 (Branch
Office Survey System)’’ in the subject
line of the message and include your
name and telephone number in the
message.
• Fax: (202) 906–6518.
• Mail: Information Collection
Comments, Chief Counsel’s Office,
Office of Thrift Supervision, 1700 G
Street, NW., Washington, DC 20552,
Attention: ‘‘1550–0004 (Branch Office
Survey System).’’
• Hand Delivery/Courier: Guard’s
Desk, East Lobby Entrance, 1700 G
Street, NW., from 9 a.m. to 4 p.m. on
business days, Attention: Information
Collection Comments, Chief Counsel’s
Office, Attention: ‘‘1550–0004 (Branch
Office Survey System).’’
Instructions: All submissions received
must include the agency name and OMB
VerDate Mar<15>2010
17:48 Apr 29, 2011
Jkt 223001
Control Number (1550–0004) for this
information collection. All comments
received will be posted without change
to the OTS Internet Site at https://
www.ots.treas.gov/
pagehtml.cfm?catNumber=67&an=1,
including any personal information
provided.
Docket: For access to the docket to
read background documents or
comments received, go to https://
www.ots.treas.gov/
pagehtml.cfm?catNumber=67&an=1.
In addition, you may inspect
comments at the Public Reading Room,
1700 G Street, NW., by appointment. To
make an appointment for access, call
(202) 906–5922, send an e-mail to
public.info@ots.treas.gov, or send a
facsimile transmission to (202) 906–
7755. (Prior notice identifying the
materials you will be requesting will
assist us in serving you.) We schedule
appointments on business days between
10 a.m. and 4 p.m. In most cases,
appointments will be available the next
business day following the date we
receive a request.
Additionally, commenters may send a
copy of their comments to the OMB
desk officer for the agencies by mail to
the Office of Information and Regulatory
Affairs, U.S. Office of Management and
Budget, New Executive Office Building,
Room 10235, 725 17th Street, NW.,
Washington, DC 20503, or by fax to
(202) 395–6974.
FOR FURTHER INFORMATION CONTACT: For
further information about the revisions
discussed in this notice, please contact
either of the agency clearance officers
whose names appear below.
In addition, copies of the reporting
forms and instructions for the SOD can
be obtained at the FDIC Web site (https://
www2.fdic.gov/sod/). Copies of the
reporting forms and instructions for the
BOS can be obtained at the OTS Web
site (https://www.ots.treas.gov/
?p=BranchOfficeSurvey).
FDIC: Gary A. Kuiper, Counsel, (202)
898–3877, Legal Division, Federal
Deposit Insurance Corporation, 550 17th
Street, NW., Washington, DC 20429.
OTS: Ira L. Mills, OTS Clearance
Officer, at Ira.Mills@ots.treas.gov, (202)
906–6531, or facsimile number (202)
906–6518, Regulations and Legislation
Division, Chief Counsel’s Office, Office
of Thrift Supervision, 1700 G Street,
NW., Washington, DC 20552.
SUPPLEMENTARY INFORMATION: The
agencies are proposing to standardize
the yearly collection of branch
information among all FDIC-insured
entities. To accomplish this goal, the
agencies are proposing to cease
collection of branching and deposit data
PO 00000
Frm 00031
Fmt 4703
Sfmt 4703
24487
from OTS-regulated savings associations
through the BOS and require this data
be filed through the SOD. The SOD is
currently the data collection facility
used by all other FDIC-insured entities.
The SOD and the BOS are currently
approved collections of information for
each agency.
1. Report Title: Summary of Deposits
Survey (SOD).
Form Number: 8020/05.
Frequency of Response: Annually.
Affected Public: Business or other forprofit.
FDIC
OMB Number: 3064–0061.
Current:
Estimated Number of Respondents:
6,000 insured commercial banks and
state-chartered savings banks.
Estimated Time per Response:
3 burden hours.
Estimated Total Annual Burden:
18,000 burden hours.
Proposed:
Estimated Number of Respondents:
6,535 insured commercial banks, statechartered savings banks, and savings
associations.
Estimated Time per Response:
3 burden hours.
Estimated Total Annual Burden:
19,605 burden hours.
The current annual burden for the
SOD is estimated to be 18,000 hours.
Approximately 6,000 institutions spend
an average of three hours to prepare the
SOD. It is estimated that some
institutions with only two or three
branches will take 15 minutes to
complete the survey while larger banks
usually have the branch information in
their system for easy retrieval to
complete the SOD form.
As discussed in more detail later in
this notice, there are differences in the
panel of institutions required to report
data through the SOD and those
required to report data through the BOS.
In summary, single-office institutions
are not required to file the SOD, but are
required to file the BOS. OTS estimates
there are approximately 180 singleoffice savings associations that are
currently required to file data through
the BOS but would not be required to
file data through the SOD.
Another difference in the panel of
institutions required to file through the
BOS compared to through the SOD are
trust-only institutions. All trust-only
savings associations are exempt from
filing data through the BOS. However,
trust-only institutions with more than
one office location would be required to
file data through the SOD. There is one
trust-only savings association with more
than one office location and, hence, this
E:\FR\FM\02MYN1.SGM
02MYN1
24488
Federal Register / Vol. 76, No. 84 / Monday, May 2, 2011 / Notices
institution would be required to file
through the SOD. Given these changes
in the panel of required filers, the
proposed burden estimates above for
filing through the SOD reflect a net
reduction of 180 savings associations
from the total 715 OTS-regulated
savings associations required to file
through the BOS.
2. Report Title: Branch Office Survey
System (BOS).
Form Number: OTS 248 (for savings
associations).
Frequency of Response: Annually.
Affected Public: Business or other forprofit.
also provide branch deposit data
necessary for evaluating institutions’
corporate applications, for identifying
areas of focus for on-site and off-site
examinations, and for monetary and
other public policy purposes. In
addition, SOD data are used to measure
the host state loan-to-deposit ratios used
to determine compliance with section
109 of the Riegle-Neal Interstate
Banking and Branching Efficiency Act
of 1994, which generally prohibits a
bank from establishing or acquiring a
branch or branches outside its home
state primarily for the purpose of
deposit production.
OTS
Effect of Recent Legislation
The Dodd-Frank Wall Street Reform
and Consumer Protection Act of 2010,
Public Law 111–203 (the Dodd-Frank
Act) was enacted into law on July 21,
2010. Title III of the Dodd-Frank Act
abolishes the OTS, provides for its
integration with the Office of the
Comptroller of the Currency (OCC)
effective as of July 21, 2011 (the
‘‘transfer date’’), and transfers its
functions to the OCC, the Board of
Governors of the Federal Reserve
System (Board), and the FDIC.
Under Title III of the Dodd-Frank Act,
all functions of the OTS relating to
federal savings associations and
rulemaking authority for all savings
associations are transferred to the OCC.
All functions of the OTS relating to
state-chartered savings associations
(other than rulemaking) are transferred
to the FDIC. All functions of the OTS
relating to supervision of savings and
loan holding companies (including
rulemaking) are transferred to the Board.
After careful review, the agencies
believe having common financial
reports and reporting processes among
all FDIC-insured institutions is more
efficient and will lead to more uniform
comparisons of financial condition,
performance, and trends. For these
reasons, the OTS is proposing to
eliminate the BOS data collection
process used by OTS-regulated savings
associations and require these entities to
file this information using the SOD
processes and systems. This proposal
would standardize the reporting
routines and processes required of all
FDIC-insured entities for branch office
data through the SOD.
OMB Number: 1550–0004.
Current:
Estimated Number of Respondents:
715 savings associations.
Estimated Time per Response:
3 burden hours.
Estimated Total Annual Burden:
2,145 burden hours.
Proposed:
Estimated Number of Respondents:
Not applicable.
Estimated Time per Response: Not
applicable.
Estimated Total Annual Burden:
Not applicable.
The burden estimates above for filing
through the BOS reflect a reduction for
the 16 trust-only savings associations
that would not be required to file
through the BOS from the total
population of 731 OTS-regulated
savings associations.
General Description of Reports
mstockstill on DSKH9S0YB1PROD with NOTICES6
These information collections are
mandatory. The FDIC is authorized to
collect these data under section 9
(Eighth) of the Federal Deposit
Insurance Act (12 U.S.C. 1819), which
gives the FDIC the power to require
information and reports from banks to
carry out its statutory responsibilities
regarding bank supervision. The survey
has been conducted on a yearly basis
since 1972.
OTS is authorized to collect this data
under Sections 3(b)(2) and 4(a)(2) of the
Home Owners’ Loan Act (12 U.S.C.
1462a(b)(2) and 1463(a)(2)).
All data collected through the BOS
and the SOD submissions are available
to the public.
Abstract
Institutions submit SOD and BOS data
to the agencies annually for the
agencies’ use in monitoring branching
activity, reviewing changes in levels of
deposits at branches, and in evaluating
changes in market share of deposits by
location. SOD and BOS submissions
VerDate Mar<15>2010
17:48 Apr 29, 2011
Jkt 223001
Current Actions
On February 8, 2011, the agencies
requested public comment (76 FR 7087)
on their proposal to implement changes
to savings associations’ branch office
reporting requirements effective June
30, 2011. These changes are intended to
provide a consistent data collection
PO 00000
Frm 00032
Fmt 4703
Sfmt 4703
needed for reasons of safety and
soundness or other public purposes.
The proposed changes would require
OTS-regulated savings associations to
cease filing through the BOS and
commence filing through the SOD, thus
standardizing the yearly collection of
branch office information, including
deposit data, between OTS-regulated
savings associations and all other FDICinsured entities.
The agencies collectively received one
comment from a bankers’ association.
The bankers’ association did not object
to the proposed change taking effect in
2011, but indicated that the ‘‘FDIC and
OTS should be flexible with institutions
who have limited resources and/or
complex reports.’’ In particular, the
commenter mentioned that thrifts had a
longer filing period to file the BOS data
than the FDIC gives SOD filers. In
response to this concern, the FDIC will
grant, for the 2011 SOD cycle only, an
additional fifteen days for thrifts to
submit their SOD data to the FDIC. All
thrifts will be expected to file the 2011
SOD no later than August 15, 2011. In
future years, a July 31 deadline will
apply to all filers. In summary, after
considering the comment received on
the proposal, the agencies plan to
proceed with the reporting changes
proposed, with the provision for an
additional fifteen days for thrifts to file
the SOD in 2011 only, and will submit
the proposal to OMB for review and
approval. Thus, savings associations
would commence filing the SOD as of
the June 30, 2011, report date.
Request for Comment
Public comment is requested on all
aspects of this joint notice. Comments
are invited on:
(a) Whether the proposed revisions to
the collections of information that are
the subject of this notice are necessary
for the proper performance of the
agencies’ functions, including whether
the information has practical utility;
(b) The accuracy of the agencies’
estimates of the burden of the
information collections as they are
proposed to be revised, including the
validity of the methodology and
assumptions used;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
information collections on respondents,
including through the use of automated
collection techniques or other forms of
information technology; and
(e) Estimates of capital or start up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
E:\FR\FM\02MYN1.SGM
02MYN1
Federal Register / Vol. 76, No. 84 / Monday, May 2, 2011 / Notices
Control Act (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire shares of a bank
or bank holding company. The factors
that are considered in acting on the
Dated at Washington, DC, this 26th day of
notices are set forth in paragraph 7 of
April 2011.
the Act (12 U.S.C. 1817(j)(7)).
Federal Deposit Insurance Corporation.
The notices are available for
Robert E. Feldman,
immediate inspection at the Federal
Executive Secretary.
Reserve Bank indicated. The notices
Dated: April 26, 2011.
also will be available for inspection at
Vicki Hawkins-Jones,
the offices of the Board of Governors.
Acting Deputy Chief Counsel, Office of Chief
Interested persons may express their
Counsel, Office of Thrift Supervision.
views in writing to the Reserve Bank
[FR Doc. 2011–10592 Filed 4–29–11; 8:45 am]
indicated for that notice or to the offices
BILLING CODE 6714–01–P; 6720–01–P
of the Board of Governors. Comments
must be received not later than May 17,
2011.
A. Federal Reserve Bank of
FEDERAL ELECTION COMMISSION
Minneapolis (Jacqueline G. King,
Sunshine Act Notice
Community Affairs Officer) 90
Hennepin Avenue, Minneapolis,
AGENCY: Federal Election Commission
Minnesota 55480–0291:
DATE AND TIME: Thursday, May 5, 2011
1. Brian P. Short, St. Paul, Minnesota;
at 10 a.m.
Carolyn P. Short, Flourtown,
PLACE: 999 E Street, NW., Washington,
Pennsylvania; and Marianne D. Short,
DC (Ninth Floor).
St. Paul, Minnesota; individually and as
STATUS: This meeting will be open to the trustees of fourteen Short family trusts,
public.
and Kevin J. Short, Mahtomedi,
ITEMS TO BE DISCUSSED: Correction and
Minnesota; Elizabeth J. Short,
Approval of the Minutes for the Meeting University Heights, Ohio; Colleen V.
of April 7, 2011.
Short, Edina, Minnesota, on behalf of
Proposed Final Audit Report on the
one or more of seventeen Short family
Service Employees International Union. trusts to join the Short Family Group; to
Committee on Political Education
retain voting shares of 215 Holding
(SEIU COPE) (A09–28).
Company, Minneapolis, Minnesota, and
Audit Division Recommendation
thereby indirectly retain voting shares of
Memorandum on Freedom’s Defense
First Farmers & Merchants National
Fund (FDF) (A09–21).
Bank, Luverne, Minnesota; First
Policy regarding Disclosure of
Farmers & Merchants National Bank,
Documents and Information in the
Fairmont, Minnesota; First Farmers &
Enforcement Process.
Merchants State Bank, Brownsdale,
Management and Administrative
Minnesota; First Farmers & Merchants
Matters.
State Bank, Grand Meadow, Minnesota;
Individuals who plan to attend and
First Farmers & Merchants National
require special assistance, such as sign
Bank, Le Sueur, Minnesota; and White
language interpretation or other
Rock Bank, Cannon Falls, Minnesota.
reasonable accommodations, should
Board of Governors of the Federal Reserve
contact Shawn Woodhead Werth,
System, April 27, 2011.
Commission Secretary and Clerk, at
Robert deV. Frierson,
(202) 694–1040, at least 72 hours prior
Deputy Secretary of the Board.
to the hearing date.
[FR Doc. 2011–10530 Filed 4–29–11; 8:45 am]
PERSON TO CONTACT FOR INFORMATION:
Judith Ingram, Press Officer, Telephone: BILLING CODE 6210–01–P
(202) 694–1220.
Comments submitted in response to
this joint notice will be shared between
the agencies. All comments will become
a matter of public record.
24489
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 application 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
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.
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 May 27, 2011.
A. Federal Reserve Bank of Richmond
(Adam M. Drimer, Assistant Vice
President) 701 East Byrd Street,
Richmond, Virginia 23261–4528:
1. Piedmont Community Bank
Holdings, Inc., Raleigh, North Carolina;
to acquire at least 66 percent of the
voting shares of Crescent Financial
Corporation, and thereby indirectly
acquire voting shares of Crescent State
Bank, both in Cary, North Carolina.
B. Federal Reserve Bank of Atlanta
(Clifford Stanford, Vice President) 1000
Peachtree Street, N.E., Atlanta, Georgia
30309:
1. Teche Holding Company, MRP,
L.L.C., Patrick Little, L.L.C., and Ross
Little, Jr., L.L.C., all of New Iberia,
Louisiana; to become bank holding
companies by acquiring 100 percent of
the voting shares of Teche Holding
Company, and thereby acquire shares of
Teche Federal Bank, all of New Iberia,
Louisiana, upon its conversion to a
bank.
Shawn Woodhead Werth,
Secretary and Clerk of the Commission.
FEDERAL RESERVE SYSTEM
[FR Doc. 2011–10767 Filed 4–28–11; 4:15 pm]
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
Board of Governors of the Federal Reserve
System, April 27, 2011.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2011–10531 Filed 4–29–11; 8:45 am]
mstockstill on DSKH9S0YB1PROD with NOTICES6
BILLING CODE 6715–01–P
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
The notificants listed below have
applied under the Change in Bank
VerDate Mar<15>2010
17:48 Apr 29, 2011
Jkt 223001
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
PO 00000
Frm 00033
Fmt 4703
Sfmt 4703
BILLING CODE 6210–01–P
OFFICE OF GOVERNMENT ETHICS
Privacy Act of 1974; Amendment to
System of Records
AGENCY:
Office of Government Ethics
(OGE).
E:\FR\FM\02MYN1.SGM
02MYN1
]]>Agencies
[Federal Register Volume 76, Number 84 (Monday, May 2, 2011)]
[Notices]
[Pages 24486-24489]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-10592]
=======================================================================
-----------------------------------------------------------------------
FEDERAL DEPOSIT INSURANCE CORPORATION
DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
Agency Information Collection Activities; Submission for OMB
Review; Joint Comment Request
AGENCIES: Federal Deposit Insurance Corporation (FDIC) and Office of
Thrift Supervision (OTS), Treasury.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: In accordance with the requirements of the Paperwork Reduction
Act (PRA) of 1995 (44 U.S.C. chapter 35), the FDIC and the OTS (the
``agencies'') 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.
On February 8, 2011, the agencies requested public comment for 60 days
on their proposal to require savings associations currently filing data
through the Branch Office Survey System (BOS) with the OTS to convert
to filing data through the Summary of Deposits Survey (SOD) with the
FDIC (76 FR 7087). The BOS and the SOD are currently approved
collections of information. One comment letter was received on the
proposal. After considering the comment received on the proposal, the
agencies hereby give notice of their plan to proceed with the reporting
changes proposed and will submit the proposal to OMB for review and
approval.
DATES: Comments must be submitted on or before June 1, 2011.
ADDRESSES: Interested parties are invited to submit written comments to
either or both of the agencies. All
[[Page 24487]]
comments, which should refer to the OMB control number(s), will be
shared between the agencies.
FDIC: You may submit comments, which should refer to ``Summary of
Deposits Survey, 3064-0061,'' by any of the following methods:
Agency Web Site: https://www.fdic.gov/regulations/laws/federal/propose.html. Follow the instructions for submitting comments
on the FDIC Web site.
Federal eRulemaking Portal: https://www.regulations.gov.
Follow the instructions for submitting comments.
E-mail: comments@FDIC.gov. Include ``Summary of Deposits
Survey, 3064-0061'' in the subject line of the message.
Mail: Gary A. Kuiper, (202) 898-3877, Counsel, Attn:
Comments, Room F-1086, 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 550 17th Street Building (located on F
Street) on business days between 7 a.m. and 5 p.m.
Public Inspection: All comments received will be posted without
change to https://www.fdic.gov/regulations/laws/federal/propose.html
including any personal information provided. Comments may be inspected
at the FDIC Public Information Center, Room E-1002, 3501 Fairfax Drive,
Arlington, VA 22226, between 9 a.m. and 5 p.m. on business days.
OTS: You may submit comments, identified by ``1550-0004 (Branch
Office Survey System),'' by any of the following methods:
Federal eRulemaking Portal: https://www.regulations.gov.
Follow the instructions for submitting comments.
E-mail address: infocollection.comments@ots.treas.gov.
Please include ``1550-0004 (Branch Office Survey System)'' in the
subject line of the message and include your name and telephone number
in the message.
Fax: (202) 906-6518.
Mail: Information Collection Comments, Chief Counsel's
Office, Office of Thrift Supervision, 1700 G Street, NW., Washington,
DC 20552, Attention: ``1550-0004 (Branch Office Survey System).''
Hand Delivery/Courier: Guard's Desk, East Lobby Entrance,
1700 G Street, NW., from 9 a.m. to 4 p.m. on business days, Attention:
Information Collection Comments, Chief Counsel's Office, Attention:
``1550-0004 (Branch Office Survey System).''
Instructions: All submissions received must include the agency name
and OMB Control Number (1550-0004) for this information collection. All
comments received will be posted without change to the OTS Internet
Site at https://www.ots.treas.gov/pagehtml.cfm?catNumber=67&an=1,
including any personal information provided.
Docket: For access to the docket to read background documents or
comments received, go to https://www.ots.treas.gov/pagehtml.cfm?catNumber=67&an=1.
In addition, you may inspect comments at the Public Reading Room,
1700 G Street, NW., by appointment. To make an appointment for access,
call (202) 906-5922, send an e-mail to public.info@ots.treas.gov">public.info@ots.treas.gov, or
send a facsimile transmission to (202) 906-7755. (Prior notice
identifying the materials you will be requesting will assist us in
serving you.) We schedule appointments on business days between 10 a.m.
and 4 p.m. In most cases, appointments will be available the next
business day following the date we receive a request.
Additionally, commenters may send a copy of their comments to the
OMB desk officer for the agencies by mail to the Office of Information
and Regulatory Affairs, U.S. Office of Management and Budget, New
Executive Office Building, Room 10235, 725 17th Street, NW.,
Washington, DC 20503, or by fax to (202) 395-6974.
FOR FURTHER INFORMATION CONTACT: For further information about the
revisions discussed in this notice, please contact either of the agency
clearance officers whose names appear below.
In addition, copies of the reporting forms and instructions for the
SOD can be obtained at the FDIC Web site (https://www2.fdic.gov/sod/).
Copies of the reporting forms and instructions for the BOS can be
obtained at the OTS Web site (https://www.ots.treas.gov/?p=BranchOfficeSurvey).
FDIC: Gary A. Kuiper, Counsel, (202) 898-3877, Legal Division,
Federal Deposit Insurance Corporation, 550 17th Street, NW.,
Washington, DC 20429.
OTS: Ira L. Mills, OTS Clearance Officer, at
Ira.Mills@ots.treas.gov, (202) 906-6531, or facsimile number (202) 906-
6518, Regulations and Legislation Division, Chief Counsel's Office,
Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552.
SUPPLEMENTARY INFORMATION: The agencies are proposing to standardize
the yearly collection of branch information among all FDIC-insured
entities. To accomplish this goal, the agencies are proposing to cease
collection of branching and deposit data from OTS-regulated savings
associations through the BOS and require this data be filed through the
SOD. The SOD is currently the data collection facility used by all
other FDIC-insured entities. The SOD and the BOS are currently approved
collections of information for each agency.
1. Report Title: Summary of Deposits Survey (SOD).
Form Number: 8020/05.
Frequency of Response: Annually.
Affected Public: Business or other for-profit.
FDIC
OMB Number: 3064-0061.
Current:
Estimated Number of Respondents: 6,000 insured commercial banks
and state-chartered savings banks.
Estimated Time per Response: 3 burden hours.
Estimated Total Annual Burden: 18,000 burden hours.
Proposed:
Estimated Number of Respondents: 6,535 insured commercial banks,
state-chartered savings banks, and savings associations.
Estimated Time per Response: 3 burden hours.
Estimated Total Annual Burden: 19,605 burden hours.
The current annual burden for the SOD is estimated to be 18,000
hours. Approximately 6,000 institutions spend an average of three hours
to prepare the SOD. It is estimated that some institutions with only
two or three branches will take 15 minutes to complete the survey while
larger banks usually have the branch information in their system for
easy retrieval to complete the SOD form.
As discussed in more detail later in this notice, there are
differences in the panel of institutions required to report data
through the SOD and those required to report data through the BOS. In
summary, single-office institutions are not required to file the SOD,
but are required to file the BOS. OTS estimates there are approximately
180 single-office savings associations that are currently required to
file data through the BOS but would not be required to file data
through the SOD.
Another difference in the panel of institutions required to file
through the BOS compared to through the SOD are trust-only
institutions. All trust-only savings associations are exempt from
filing data through the BOS. However, trust-only institutions with more
than one office location would be required to file data through the
SOD. There is one trust-only savings association with more than one
office location and, hence, this
[[Page 24488]]
institution would be required to file through the SOD. Given these
changes in the panel of required filers, the proposed burden estimates
above for filing through the SOD reflect a net reduction of 180 savings
associations from the total 715 OTS-regulated savings associations
required to file through the BOS.
2. Report Title: Branch Office Survey System (BOS).
Form Number: OTS 248 (for savings associations).
Frequency of Response: Annually.
Affected Public: Business or other for-profit.
OTS
OMB Number: 1550-0004.
Current:
Estimated Number of Respondents: 715 savings associations.
Estimated Time per Response: 3 burden hours.
Estimated Total Annual Burden: 2,145 burden hours.
Proposed:
Estimated Number of Respondents: Not applicable.
Estimated Time per Response: Not applicable.
Estimated Total Annual Burden: Not applicable.
The burden estimates above for filing through the BOS reflect a
reduction for the 16 trust-only savings associations that would not be
required to file through the BOS from the total population of 731 OTS-
regulated savings associations.
General Description of Reports
These information collections are mandatory. The FDIC is authorized
to collect these data under section 9 (Eighth) of the Federal Deposit
Insurance Act (12 U.S.C. 1819), which gives the FDIC the power to
require information and reports from banks to carry out its statutory
responsibilities regarding bank supervision. The survey has been
conducted on a yearly basis since 1972.
OTS is authorized to collect this data under Sections 3(b)(2) and
4(a)(2) of the Home Owners' Loan Act (12 U.S.C. 1462a(b)(2) and
1463(a)(2)).
All data collected through the BOS and the SOD submissions are
available to the public.
Abstract
Institutions submit SOD and BOS data to the agencies annually for
the agencies' use in monitoring branching activity, reviewing changes
in levels of deposits at branches, and in evaluating changes in market
share of deposits by location. SOD and BOS submissions also provide
branch deposit data necessary for evaluating institutions' corporate
applications, for identifying areas of focus for on-site and off-site
examinations, and for monetary and other public policy purposes. In
addition, SOD data are used to measure the host state loan-to-deposit
ratios used to determine compliance with section 109 of the Riegle-Neal
Interstate Banking and Branching Efficiency Act of 1994, which
generally prohibits a bank from establishing or acquiring a branch or
branches outside its home state primarily for the purpose of deposit
production.
Effect of Recent Legislation
The Dodd-Frank Wall Street Reform and Consumer Protection Act of
2010, Public Law 111-203 (the Dodd-Frank Act) was enacted into law on
July 21, 2010. Title III of the Dodd-Frank Act abolishes the OTS,
provides for its integration with the Office of the Comptroller of the
Currency (OCC) effective as of July 21, 2011 (the ``transfer date''),
and transfers its functions to the OCC, the Board of Governors of the
Federal Reserve System (Board), and the FDIC.
Under Title III of the Dodd-Frank Act, all functions of the OTS
relating to federal savings associations and rulemaking authority for
all savings associations are transferred to the OCC. All functions of
the OTS relating to state-chartered savings associations (other than
rulemaking) are transferred to the FDIC. All functions of the OTS
relating to supervision of savings and loan holding companies
(including rulemaking) are transferred to the Board.
After careful review, the agencies believe having common financial
reports and reporting processes among all FDIC-insured institutions is
more efficient and will lead to more uniform comparisons of financial
condition, performance, and trends. For these reasons, the OTS is
proposing to eliminate the BOS data collection process used by OTS-
regulated savings associations and require these entities to file this
information using the SOD processes and systems. This proposal would
standardize the reporting routines and processes required of all FDIC-
insured entities for branch office data through the SOD.
Current Actions
On February 8, 2011, the agencies requested public comment (76 FR
7087) on their proposal to implement changes to savings associations'
branch office reporting requirements effective June 30, 2011. These
changes are intended to provide a consistent data collection needed for
reasons of safety and soundness or other public purposes. The proposed
changes would require OTS-regulated savings associations to cease
filing through the BOS and commence filing through the SOD, thus
standardizing the yearly collection of branch office information,
including deposit data, between OTS-regulated savings associations and
all other FDIC-insured entities.
The agencies collectively received one comment from a bankers'
association. The bankers' association did not object to the proposed
change taking effect in 2011, but indicated that the ``FDIC and OTS
should be flexible with institutions who have limited resources and/or
complex reports.'' In particular, the commenter mentioned that thrifts
had a longer filing period to file the BOS data than the FDIC gives SOD
filers. In response to this concern, the FDIC will grant, for the 2011
SOD cycle only, an additional fifteen days for thrifts to submit their
SOD data to the FDIC. All thrifts will be expected to file the 2011 SOD
no later than August 15, 2011. In future years, a July 31 deadline will
apply to all filers. In summary, after considering the comment received
on the proposal, the agencies plan to proceed with the reporting
changes proposed, with the provision for an additional fifteen days for
thrifts to file the SOD in 2011 only, and will submit the proposal to
OMB for review and approval. Thus, savings associations would commence
filing the SOD as of the June 30, 2011, report date.
Request for Comment
Public comment is requested on all aspects of this joint notice.
Comments are invited on:
(a) Whether the proposed revisions to the collections of
information that are the subject of this notice are necessary for the
proper performance of the agencies' functions, including whether the
information has practical utility;
(b) The accuracy of the agencies' estimates of the burden of the
information collections as they are proposed to be revised, including
the validity of the methodology and assumptions used;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of information collections on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
(e) Estimates of capital or start up costs and costs of operation,
maintenance, and purchase of services to provide information.
[[Page 24489]]
Comments submitted in response to this joint notice will be shared
between the agencies. All comments will become a matter of public
record.
Dated at Washington, DC, this 26th day of April 2011.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
Dated: April 26, 2011.
Vicki Hawkins-Jones,
Acting Deputy Chief Counsel, Office of Chief Counsel, Office of Thrift
Supervision.
[FR Doc. 2011-10592 Filed 4-29-11; 8:45 am]
BILLING CODE 6714-01-P; 6720-01-P
