Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 6106-6107 [2013-01827]
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Federal Register / Vol. 78, No. 19 / Tuesday, January 29, 2013 / Notices
Web site at www.fdic.gov/bank/
individual/failed/banklist.html or
contact the Manager of Receivership
Oversight in the appropriate service
center.
INSTITUTIONS IN LIQUIDATION
[In alphabetical order]
FDIC Ref. No.
Bank name
City
State
Date closed
10469 ..................................................
1st Regents Bank ...............................
Andover ..............................................
MN
1/18/2013
Dated: January 22, 2013.
Federal Deposit Insurance Corporation.
Pamela Johnson,
Regulatory Editing Specialist.
[FR Doc. 2013–01725 Filed 1–28–13; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL RESERVE SYSTEM
Agency Information Collection
Activities: Announcement of Board
Approval Under Delegated Authority
and Submission to OMB
Board of Governors of the
Federal Reserve System.
SUMMARY: 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—Cynthia Ayouch—Division of
Research and Statistics, Board of
Governors of the Federal Reserve
System, Washington, DC 20551 (202)
452–3829.
Telecommunications Device for the
Deaf (TDD) users may contact (202)
263–4869, Board of Governors of the
Federal Reserve System, Washington,
DC 20551.
OMB Desk Officer—Shagufta
Ahmed—Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
srobinson on DSK4SPTVN1PROD with
AGENCY:
VerDate Mar<15>2010
16:47 Jan 28, 2013
Jkt 229001
Executive Office Building, Room 10235,
725 17th Street NW.,Washington, DC
20503.
Final approval under OMB delegated
authority of the extension for three
years, without revision, of the
following reports:
1. Report title: Disclosure and
Reporting Requirements of CRA-Related
Agreements.
Agency form number: Reg G.
OMB Control number: 7100–0299.
Frequency: On occasion and annual.
Reporters: Insured depository
institutions (IDIs), savings and loan
holding companies (SLHCs) and
nongovernmental entities or persons
(NGEPs).
Estimated annual reporting hours: 78
hours.
Estimated average hours per response:
1 hour (3 disclosure requirements and 5
reporting requirements) and 4 hours (2
reporting requirements).
Number of respondents: 3 IDIs and
SLHCs, and 6 NGEPs.
General description of report: This
information collection is mandatory
pursuant the Federal Deposit Insurance
Act (FDI Act), 12 U.S.C. 1831y(b) and
(c). The FDI Act authorizes the Federal
Reserve to require the disclosure and
reporting requirements of Regulation G
(12 CFR part 207). In general, the
Federal Reserve does not consider
individual respondent commercial and
financial information collected by the
Federal Reserve pursuant to Regulation
G as confidential. However, a
respondent may request confidential
treatment pursuant to section (b)(4) of
Freedom of Information Act, 5 U.S.C
552(b)(4).
Abstract: Section 48 of the Federal
Deposit Insurance Act (FDI Act),
entitled ‘‘CRA Sunshine Requirements,’’
imposes disclosure and reporting
requirements on IDIs or their affiliates,
and NGEPs that enter into written
agreements that meet certain criteria
(covered agreements).1 The written
agreements must (1) be made in
fulfillment of the CRA and (2) involve
funds or other resources of an IDI or
1 12
PO 00000
U.S.C. 1831y.
Frm 00042
Fmt 4703
Sfmt 4703
affiliate with an aggregate value of more
than $10,000 in a year, or loans with an
aggregate principal value of more than
$50,000 in a year. Section 48 excludes
from the disclosure and reporting
requirements any agreement between an
IDI or its affiliate and an NGEP if the
NGEP has not contacted the IDI or its
affiliate, or a banking agency,
concerning the CRA performance of the
IDI.
The disclosure and reporting
requirements in connection with
Regulation G are mandatory and apply
to state member banks and their
subsidiaries; savings and loan holding
companies; bank holding companies;
affiliates of bank holding companies,
other than banks, savings associations,
and subsidiaries of banks and savings
associations; and NGEPs that enter into
covered agreements with any of the
aforementioned companies.
Current Actions: On November 21,
2012, the Federal Reserve published a
notice in the Federal Register (77 FR
69843) requesting public comment for
60 days on the extension, without
revision, of the Disclosure and
Reporting Requirements of CRA-Related
Agreements. The comment period for
this notice expired on January 22, 2013.
The Federal Reserve did not receive any
comments.
2. Report title: Disclosure
Requirements in Connection With
Subpart H of Regulation H (Consumer
Protections in Sales of Insurance).
Agency form number: Reg H–7.
OMB control number: 7100–0298.
Frequency: On occasion.
Reporters: State member banks.
Estimated annual reporting hours:
12,962 hours.
Estimated average hours per response:
1.5 minutes.
Number of respondents: 823.
General description of report: This
information collection is mandatory
pursuant the Federal Deposit Insurance
(FDI) Act, 12 U.S.C. 1831x. The FDI Act
authorizes the Federal Reserve to
require the disclosure requirements
associated with Subpart H of Regulation
H (12 CFR 208.81–208.86). Since the
Federal Reserve does not collect any
E:\FR\FM\29JAN1.SGM
29JAN1
srobinson on DSK4SPTVN1PROD with
Federal Register / Vol. 78, No. 19 / Tuesday, January 29, 2013 / Notices
information, no issue of confidentiality
normally arises.
Abstract: Section 305 of the GrammLeach-Bliley Act of 1999 requires
financial institutions to provide written
and oral disclosures to consumers in
connection with the initial sale of an
insurance product or annuity
concerning its uninsured nature and the
existence of the investment risk, if
appropriate, and the fact that insurance
sales and credit may not be tied.
Covered persons are required to make
insurance disclosures before the
completion of the initial sale of an
insurance product or annuity to a
consumer. The disclosure must be made
orally and in writing to the consumer
that: (1) The insurance product or
annuity is not a deposit or other
obligation of, or guaranteed by, the
financial institution or an affiliate of the
financial institution; (2) the insurance
product or annuity is not insured by the
Federal Deposit Insurance Corporation
or any other agency of the United States,
the financial institution, or (if
applicable) an affiliate of the financial
institution; and (3) in the case of an
insurance product or annuity that
involves an investment risk, there is
investment risk associated with the
product, including the possible loss of
value.
Covered persons are required to make
a credit disclosure at the time a
consumer applies for an extension of
credit in connection with which an
insurance product or annuity is
solicited, offered, or sold. The
disclosure must be made orally and in
writing that the financial institution
may not condition an extension of credit
on either: (1) The consumer’s purchase
of an insurance product or annuity from
the financial institution or any of its
affiliates; or (2) the consumer’s
agreement not to obtain, or a prohibition
on the consumer from obtaining, an
insurance product or annuity from an
unaffiliated entity.
Current Actions: On November 21,
2012, the Federal Reserve published a
notice in the Federal Register (77 FR
69843) requesting public comment for
60 days on the extension, without
revision, of the Disclosure Requirements
in Connection With Subpart H of
Regulation H (Consumer Protections in
Sales of Insurance). The comment
period for this notice expired on January
22, 2013. The Federal Reserve did not
receive any comments.
VerDate Mar<15>2010
16:47 Jan 28, 2013
Jkt 229001
Board of Governors of the Federal Reserve
System, January 24, 2013.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2013–01827 Filed 1–28–13; 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
Board of Governors of the
Federal Reserve System.
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 instruments
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—Cynthia Ayouch—Division of
Research and Statistics, Board of
Governors of the Federal Reserve
System, Washington, DC 20551 (202)
452–3829.
Telecommunications Device for the
Deaf (TDD) users may contact (202)
263–4869, Board of Governors of the
Federal Reserve System, Washington,
DC 20551. OMB Desk Officer—Shagufta
Ahmed—Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
Executive Office Building, Room 10235,
725 17th Street NW., Washington, DC
20503.
Final approval under OMB delegated
authority of the extension for three
years, with revision, of the following
reports:
1. Report title: Consumer Satisfaction
Questionnaire, the Federal Reserve
Consumer Help—Consumer Survey, the
Consumer Online Complaint Form, and
the Appraisal Complaint Form.
Agency form number: FR 1379a, FR
1379b, FR 1379c, and FR 1379d.
AGENCY:
PO 00000
Frm 00043
Fmt 4703
Sfmt 4703
6107
OMB control number: 7100–0135.
Frequency: Event generated.
Effective Date: March 2013.
Reporters: Consumers, appraisers, and
financial institutions.
Estimated annual reporting hours: FR
1379a: 116 hours; FR 1379b: 167 hours;
FR 1379c: 1,351 hours; FR 1379d: 100
hours.
Estimated average hours per response:
FR 1379a: 5 minutes; FR 1379b: 5
minutes; FR 1379c: 10 minutes; FR
1379d: 30 minutes.
Number of respondents: FR 1379a:
1,391; FR 1379b: 2,001; FR 1379c: 8,107;
FR 1379d: 200.
General description of report: This
information collection is voluntary and
is authorized by law pursuant to section
11(a) of the Federal Reserve Act (12
U.S.C. 248(a), and sections 3(q) and 8 of
the Federal Deposit Insurance Act (FDIC
Act), 12 U.S.C. 1813(Q) and 1818.
Additionally the Federal Reserve is
authorized to collect the information on
the FR 1379d pursuant to section 1103
of the Financial Institutions and Reform,
Recovery, and Enforcement Act, which
authorizes the Federal Financial
Institutions Examination CouncilAppraisal Subcommittee to ‘‘perform
research, as [it] considers appropriate,’’
for the purpose of carrying out its
duties, 12 U.S.C. 3335. The FR 1379a is
not considered confidential. The FR
1379b collects the respondent’s name
and the respondent may provide other
personal information and information
regarding his or her complaint. The FR
1379c collects the respondent’s thirdparty representative if the respondent
has such a representative. The proposed
FR 1379d would collect the
respondent’s name and the respondent
may provide other personal information
and information regarding his or her
complaint. Thus, some of the
information collected on the FR 1379b,
FR 1379c, and FR 1379d may be
considered confidential under the
Freedom of Information Act (5 U.S.C.
552(b)(4), (b)(6), (b)(7)).
Abstract: The FR 1379a questionnaire
is sent to consumers who have filed
complaints with the Federal Reserve
against state member banks. The
information is used to assess their
satisfaction with the Federal Reserve’s
handling and written response to their
complaint at the conclusion of an
investigation. The FR 1379b
questionnaire is sent as needed to
consumers who contact the FRCH to file
a complaint or inquiry. The information
is used to determine whether consumers
are satisfied with the way the FRCH
handled their complaint. Consumers use
the FR 1379c to electronically submit a
complaint against a financial institution
E:\FR\FM\29JAN1.SGM
29JAN1
]]>Agencies
[Federal Register Volume 78, Number 19 (Tuesday, January 29, 2013)]
[Notices]
[Pages 6106-6107]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-01827]
=======================================================================
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Announcement of Board
Approval Under Delegated Authority and Submission to OMB
AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: 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--Cynthia Ayouch--Division of Research and Statistics, Board of
Governors of the Federal Reserve System, Washington, DC 20551 (202)
452-3829.
Telecommunications Device for the Deaf (TDD) users may contact
(202) 263-4869, Board of Governors of the Federal Reserve System,
Washington, DC 20551.
OMB Desk Officer--Shagufta Ahmed--Office of Information and
Regulatory Affairs, Office of Management and Budget, New Executive
Office Building, Room 10235, 725 17th Street NW.,Washington, DC 20503.
Final approval under OMB delegated authority of the extension for three
years, without revision, of the following reports:
1. Report title: Disclosure and Reporting Requirements of CRA-
Related Agreements.
Agency form number: Reg G.
OMB Control number: 7100-0299.
Frequency: On occasion and annual.
Reporters: Insured depository institutions (IDIs), savings and loan
holding companies (SLHCs) and nongovernmental entities or persons
(NGEPs).
Estimated annual reporting hours: 78 hours.
Estimated average hours per response: 1 hour (3 disclosure
requirements and 5 reporting requirements) and 4 hours (2 reporting
requirements).
Number of respondents: 3 IDIs and SLHCs, and 6 NGEPs.
General description of report: This information collection is
mandatory pursuant the Federal Deposit Insurance Act (FDI Act), 12
U.S.C. 1831y(b) and (c). The FDI Act authorizes the Federal Reserve to
require the disclosure and reporting requirements of Regulation G (12
CFR part 207). In general, the Federal Reserve does not consider
individual respondent commercial and financial information collected by
the Federal Reserve pursuant to Regulation G as confidential. However,
a respondent may request confidential treatment pursuant to section
(b)(4) of Freedom of Information Act, 5 U.S.C 552(b)(4).
Abstract: Section 48 of the Federal Deposit Insurance Act (FDI
Act), entitled ``CRA Sunshine Requirements,'' imposes disclosure and
reporting requirements on IDIs or their affiliates, and NGEPs that
enter into written agreements that meet certain criteria (covered
agreements).\1\ The written agreements must (1) be made in fulfillment
of the CRA and (2) involve funds or other resources of an IDI or
affiliate with an aggregate value of more than $10,000 in a year, or
loans with an aggregate principal value of more than $50,000 in a year.
Section 48 excludes from the disclosure and reporting requirements any
agreement between an IDI or its affiliate and an NGEP if the NGEP has
not contacted the IDI or its affiliate, or a banking agency, concerning
the CRA performance of the IDI.
---------------------------------------------------------------------------
\1\ 12 U.S.C. 1831y.
---------------------------------------------------------------------------
The disclosure and reporting requirements in connection with
Regulation G are mandatory and apply to state member banks and their
subsidiaries; savings and loan holding companies; bank holding
companies; affiliates of bank holding companies, other than banks,
savings associations, and subsidiaries of banks and savings
associations; and NGEPs that enter into covered agreements with any of
the aforementioned companies.
Current Actions: On November 21, 2012, the Federal Reserve
published a notice in the Federal Register (77 FR 69843) requesting
public comment for 60 days on the extension, without revision, of the
Disclosure and Reporting Requirements of CRA-Related Agreements. The
comment period for this notice expired on January 22, 2013. The Federal
Reserve did not receive any comments.
2. Report title: Disclosure Requirements in Connection With Subpart
H of Regulation H (Consumer Protections in Sales of Insurance).
Agency form number: Reg H-7.
OMB control number: 7100-0298.
Frequency: On occasion.
Reporters: State member banks.
Estimated annual reporting hours: 12,962 hours.
Estimated average hours per response: 1.5 minutes.
Number of respondents: 823.
General description of report: This information collection is
mandatory pursuant the Federal Deposit Insurance (FDI) Act, 12 U.S.C.
1831x. The FDI Act authorizes the Federal Reserve to require the
disclosure requirements associated with Subpart H of Regulation H (12
CFR 208.81-208.86). Since the Federal Reserve does not collect any
[[Page 6107]]
information, no issue of confidentiality normally arises.
Abstract: Section 305 of the Gramm-Leach-Bliley Act of 1999
requires financial institutions to provide written and oral disclosures
to consumers in connection with the initial sale of an insurance
product or annuity concerning its uninsured nature and the existence of
the investment risk, if appropriate, and the fact that insurance sales
and credit may not be tied.
Covered persons are required to make insurance disclosures before
the completion of the initial sale of an insurance product or annuity
to a consumer. The disclosure must be made orally and in writing to the
consumer that: (1) The insurance product or annuity is not a deposit or
other obligation of, or guaranteed by, the financial institution or an
affiliate of the financial institution; (2) the insurance product or
annuity is not insured by the Federal Deposit Insurance Corporation or
any other agency of the United States, the financial institution, or
(if applicable) an affiliate of the financial institution; and (3) in
the case of an insurance product or annuity that involves an investment
risk, there is investment risk associated with the product, including
the possible loss of value.
Covered persons are required to make a credit disclosure at the
time a consumer applies for an extension of credit in connection with
which an insurance product or annuity is solicited, offered, or sold.
The disclosure must be made orally and in writing that the financial
institution may not condition an extension of credit on either: (1) The
consumer's purchase of an insurance product or annuity from the
financial institution or any of its affiliates; or (2) the consumer's
agreement not to obtain, or a prohibition on the consumer from
obtaining, an insurance product or annuity from an unaffiliated entity.
Current Actions: On November 21, 2012, the Federal Reserve
published a notice in the Federal Register (77 FR 69843) requesting
public comment for 60 days on the extension, without revision, of the
Disclosure Requirements in Connection With Subpart H of Regulation H
(Consumer Protections in Sales of Insurance). The comment period for
this notice expired on January 22, 2013. The Federal Reserve did not
receive any comments.
Board of Governors of the Federal Reserve System, January 24,
2013.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2013-01827 Filed 1-28-13; 8:45 am]
BILLING CODE 6210-01-P
