Agency Information Collection Activities: Proposed Revision of Information Collection; National Survey of Unbanked and Underbanked Households; Comment Request, 3234-3235 [2015-00982]
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3234
Federal Register / Vol. 80, No. 14 / Thursday, January 22, 2015 / Notices
institution must adopt branch closing
policies. The adoption of policies is a
one-time activity, repeated only if the
institution finds need to revise its
policy.
2. Title: Large-Bank Deposit Insurance
Programs
OMB Number: 3064–0162.
Frequency of Response: On occasion.
Affected Public: Insured depository
institutions having at least $2 billion in
domestic deposits and either at least: (i)
250,000 deposit accounts; or (ii) $20
million in total assets.
Estimated Number of Respondents:
159.
Estimated Time per Response: 157–
255.5 hours.
Total Annual Burden: 25,000–
40,624.5 hours.
General Description of Collection:
Insured depository institutions having
at least $2 billion in domestic deposits
and either: (1) More than 250,000
deposit accounts; or (2) total assets over
$20 billion, regardless of the number of
deposit accounts are required to adopt
mechanisms that, in the event of the
institution’s failure: (1) Provide the
FDIC with standard deposit account and
customer information; and (2) allow the
FDIC to place and release holds on
liability accounts, including deposits.
3. Title: Basel II Interagency
Supervisory Guidance for the
Supervisory Review Process (Pillar 2).
OMB Number: 3064–0165.
Frequency of Response: Eventgenerated.
Affected Public: Insured state
nonmember banks and certain
subsidiaries of these entities.
Estimated Number of Respondents:
19.
Estimated Time per Response: 420
hours.
Total Annual Burden: 7,980 hours.
General Description of Collection: The
agencies issued a supervisory guidance
document for implementing the
supervisory review process (Pillar 2).
The guidance was issued on July 31,
2008 (73 FR 44620). Sections 37, 41, 43,
and 46 of the guidance impose
information collection requirements.
Section 37 states that banks should state
clearly the definition of capital used in
any aspect of its internal capital
adequacy assessment process (ICAAP)
and document any changes in the
internal definition of capital. Section 41
requires banks to maintain thorough
documentation of ICAAP. Section 43
specifies that boards of directors must
approve the bank’s ICAAP, review it on
a regular basis, and approve any
changes. Boards of directors also are
required under section 46 to
periodically review the assessment of
VerDate Sep<11>2014
18:09 Jan 21, 2015
Jkt 235001
overall capital adequacy and to analyze
how measures of internal capital
adequacy compare with other capital
measures (such as regulatory or
accounting).
Request for Comment
Comments are invited on: (a) Whether
the collection of information is
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 collection,
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 collection 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 16th day of
January, 2015.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015–00983 Filed 1–21–15; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Revision of
Information Collection; National
Survey of Unbanked and Underbanked
Households; Comment Request
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:
The FDIC, as part of its
continuing effort to reduce paperwork
and respondent burden and as required
by the Paperwork Reduction Act of
1995, invites the general public and
other Federal agencies to comment on
the survey collection instrument for its
fourth National Survey of Unbanked
and Underbanked Households
(Household Survey), currently approved
under OMB Control No. 3064–0167,
scheduled to be conducted in
partnership with the U.S. Census
Bureau as a supplement to its June 2015
Current Population Survey (CPS). The
survey seeks to estimate the proportions
of unbanked and underbanked
households in the U.S. and to identify
the factors that inhibit the participation
of these households in the mainstream
banking system, and opportunities to
expand the use of banking services
SUMMARY:
PO 00000
Frm 00022
Fmt 4703
Sfmt 4703
among underserved consumers. The
results of these ongoing surveys will
help policymakers and bankers
understand the issues and challenges
underserved households perceive when
deciding how and where to conduct
financial transactions.
DATES: Comments must be submitted on
or before March 23, 2015.
ADDRESSES: Interested parties are
invited to submit written comments by
any of the following methods. All
comments should refer to ‘‘National
Survey of Unbanked and Underbanked
Households’’:
• https://www.FDIC.gov/regulations/
laws/federal/.
• Email: comments@fdic.gov. Include
the name and number of the collection
in the subject line of the message.
• Mail: Gary Kuiper Counsel, (202–
898–3877), MB–3074, or John Popeo,
Counsel, (202.898.6923), MB–3007,
Legal Division, 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 7:00 a.m. and 5:00 p.m.
FOR FURTHER INFORMATION CONTACT:
Interested members of the public may
obtain a copy of the survey and related
instructions by clicking on the link for
the National Survey of Unbanked and
Underbanked Households on the
following Web page: https://
www.fdic.gov/regulations/laws/federal/.
Interested members of the public may
also obtain additional information about
the collection, including a paper copy of
the proposed collection and related
instructions, without charge, by
contacting Gary Kuiper or John Popeo,
at the address or telephone number
identified above.
SUPPLEMENTARY INFORMATION:
The FDIC is considering possible
revisions to the following collection of
information:
Title: National Survey of Unbanked
and Underbanked Households.
OMB Number: 3064–0167.
Frequency of Response: Once.
Affected Public: U.S. Households.
Estimated Number of Respondents:
50,000.
Average Time per Response: 15
minutes (0.25 hours) per respondent.
Estimated Total Annual Burden: 0.25
hours × 50,000 respondents = 12,500
hours.
General Description of Collection
The FDIC recognizes that public
confidence in the banking system is
strengthened when banks effectively
E:\FR\FM\22JAN1.SGM
22JAN1
tkelley on DSK3SPTVN1PROD with NOTICES
Federal Register / Vol. 80, No. 14 / Thursday, January 22, 2015 / Notices
serve the broadest possible set of
consumers. As a result, the agency is
committed to increasing the
participation of unbanked and
underbanked households in the
financial mainstream by ensuring that
all Americans have access to safe,
secure, and affordable banking services.
The National Survey of Unbanked and
Underbanked Households is one
contribution to this end.
The National Survey of Unbanked and
Underbanked Households is also a key
component of the FDIC’s efforts to
comply with a Congressional mandate
contained in section 7 of the Federal
Deposit Insurance Reform Conforming
Amendments Act of 2005 (Reform Act)
(Pub. L. 109–173), which calls for the
FDIC to conduct ongoing surveys ‘‘on
efforts by insured depository
institutions to bring those individuals
and families who have rarely, if ever,
held a checking account, a savings
account or other type of transaction or
check cashing account at an insured
depository institution (hereafter in this
section referred to as the ‘unbanked’)
into the conventional finance system.’’
Section 7 further instructs the FDIC to
consider several factors in its conduct of
the surveys, including: (1) ‘‘What
cultural, language and identification
issues as well as transaction costs
appear to most prevent ‘unbanked’
individuals from establishing
conventional accounts’’; and (2) ‘‘what
is a fair estimate of the size and worth
of the ‘‘unbanked’’ market in the United
States.’’ The National Survey of
Unbanked and Underbanked
Households is designed to address these
factors and provide a factual basis on
the proportions of unbanked
households. Such a factual basis is
necessary to adequately assess banks’
efforts to serve these households as
required by the statutory mandate.
To obtain this information, the FDIC
partnered with the U.S. Census Bureau,
which administered the Household
Survey supplement (‘‘FDIC
Supplement’’) to households that
participated in the January 2009, June
2011, and June 2013 CPS. The results of
these surveys were released to the
public in December 2009, September
2012, and October 2014, respectively.
The FDIC supplement has yielded
nationally-representative data, not
otherwise available, on the size and
characteristics of the population that is
unbanked or underbanked, the use by
this population of alternative financial
services, and the reasons why some
households do not make greater use of
mainstream banking services. The
National Survey of Unbanked and
Underbanked Households is the only
VerDate Sep<11>2014
18:09 Jan 21, 2015
Jkt 235001
population-representative survey
conducted at the national level that
provides state-level estimates of the size
and characteristics of unbanked and
underbanked households for all 50
states and the District of Columbia. An
executive summary of the results of the
first three Household Surveys, the full
reports, and the survey instruments can
be accessed through the following link:
https://www.economicinclusion.gov/
surveys/.
Consistent with the statutory mandate
to conduct the surveys on an ongoing
basis, the FDIC already has in place
arrangements for conducting the fourth
Household Survey as a supplement to
the June 2015 CPS. However, prior to
finalizing the next survey instrument,
the FDIC seeks to solicit public
comment on whether changes to the
existing instrument are desirable and, if
so, to what extent. It should be noted
that, as a supplement of the CPS survey,
the Household Survey needs to adhere
to specific parameters that include
limits in the length and sensitivity of
the questions that can be asked of CPS
respondents. Specifically, there is a
strict limitation on the number of
questions permitted and the average
time required to complete the survey (15
minutes on average).
Request for Comment
Comments are invited on: (a) Whether
the collection of information is
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 collection; (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 collection on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
The FDIC will consider all comments
to determine the extent to which the
information collection should be
modified prior to submission to OMB
for review and approval. After the
comment period closes, comments will
be summarized and/or included in the
FDIC’s request to OMB for approval of
the collection. All comments will
become a matter of public record.
Dated at Washington, DC, this 16th day of
January, 2015.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015–00982 Filed 1–21–15; 8:45 am]
BILLING CODE 6714–01–P
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3235
FEDERAL MARITIME COMMISSION
Notice of Agreements Filed
The Commission hereby gives notice
of the filing of the following agreements
under the Shipping Act of 1984.
Interested parties may submit comments
on the agreements to the Secretary,
Federal Maritime Commission,
Washington, DC 20573, within twelve
days of the date this notice appears in
the Federal Register. Copies of the
agreements are available through the
Commission’s Web site (www.fmc.gov)
or by contacting the Office of
Agreements at (202) 523–5793 or
tradeanalysis@fmc.gov.
Agreement No.: 012064–005.
Title: Hapag-Lloyd/NYK MexicoDominican Republic Slot Charter
Agreement.
Parties: Hapag-Lloyd AG and Nippon
Yusen Kaisha.
Filing Party: Wayne R. Rohde, Esq.;
Cozen O’Connor; 1627 I Street, NW;
Suite 1100; Washington, DC 20006.
Synopsis: The amendment deletes the
U.S. East Coast from the geographic
scope and deletes Hapag-Lloyd’s GCS
service from the agreement.
Agreement No.: 012233–002.
Title: CSCL/UASC/YMUK/CMA
CGM/PIL Vessel Sharing and Slot
Exchange Agreement—Asia and US/
Canada West Coast Services.
Parties: China Shipping Container
Lines Co., Ltd. and China Shipping
Container Lines (Hong Kong) Co., Ltd.
(acting as a single party); United Arab
Shipping Company (S.A.G.); Yang Ming
(UK) LTD.; CMA CGM S.A.; and Pacific
International Lines (Pte) Ltd.
Filing Party: Patricia M. O’Neill;
Blank & Rome LLP; 600 New Hampshire
Ave NW., Washington DC, 20037.
Synopsis: The amendment adds two
additional slot exchange arrangements
in the agreement trade between China
Shipping and Yang Ming, and between
CMA and Yang Ming.
Agreement No.: 012314.
Title: COSCON/CSCL Slot Charter
Agreement.
Parties: COSCO Container Lines
Company, Limited; China Shipping
Container Lines Co., Ltd and China
Shipping Container Lines (Hong Kong)
Co., Ltd. (acting as a single party).
Filing Party: Eric. C. Jeffrey, Esq.;
Nixon Peabody LLP; 401 9th Street NW.,
Suite 900; Washington, DC 20004.
Synopsis: The agreement authorizes
China Shipping to charter space to
COSCON in the trade from France, Italy,
Morocco, and Spain, on the one hand,
to the U.S. East Coast, on the other
hand.
E:\FR\FM\22JAN1.SGM
22JAN1
]]>Agencies
[Federal Register Volume 80, Number 14 (Thursday, January 22, 2015)]
[Notices]
[Pages 3234-3235]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-00982]
-----------------------------------------------------------------------
FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Proposed Revision of
Information Collection; National Survey of Unbanked and Underbanked
Households; Comment Request
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The FDIC, as part of its continuing effort to reduce paperwork
and respondent burden and as required by the Paperwork Reduction Act of
1995, invites the general public and other Federal agencies to comment
on the survey collection instrument for its fourth National Survey of
Unbanked and Underbanked Households (Household Survey), currently
approved under OMB Control No. 3064-0167, scheduled to be conducted in
partnership with the U.S. Census Bureau as a supplement to its June
2015 Current Population Survey (CPS). The survey seeks to estimate the
proportions of unbanked and underbanked households in the U.S. and to
identify the factors that inhibit the participation of these households
in the mainstream banking system, and opportunities to expand the use
of banking services among underserved consumers. The results of these
ongoing surveys will help policymakers and bankers understand the
issues and challenges underserved households perceive when deciding how
and where to conduct financial transactions.
DATES: Comments must be submitted on or before March 23, 2015.
ADDRESSES: Interested parties are invited to submit written comments by
any of the following methods. All comments should refer to ``National
Survey of Unbanked and Underbanked Households'':
https://www.FDIC.gov/regulations/laws/federal/.
Email: comments@fdic.gov. Include the name and number of
the collection in the subject line of the message.
Mail: Gary Kuiper Counsel, (202-898-3877), MB-3074, or
John Popeo, Counsel, (202.898.6923), MB-3007, Legal Division, 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 7:00 a.m. and 5:00 p.m.
FOR FURTHER INFORMATION CONTACT: Interested members of the public may
obtain a copy of the survey and related instructions by clicking on the
link for the National Survey of Unbanked and Underbanked Households on
the following Web page: https://www.fdic.gov/regulations/laws/federal/.
Interested members of the public may also obtain additional information
about the collection, including a paper copy of the proposed collection
and related instructions, without charge, by contacting Gary Kuiper or
John Popeo, at the address or telephone number identified above.
SUPPLEMENTARY INFORMATION:
The FDIC is considering possible revisions to the following
collection of information:
Title: National Survey of Unbanked and Underbanked Households.
OMB Number: 3064-0167.
Frequency of Response: Once.
Affected Public: U.S. Households.
Estimated Number of Respondents: 50,000.
Average Time per Response: 15 minutes (0.25 hours) per respondent.
Estimated Total Annual Burden: 0.25 hours x 50,000 respondents =
12,500 hours.
General Description of Collection
The FDIC recognizes that public confidence in the banking system is
strengthened when banks effectively
[[Page 3235]]
serve the broadest possible set of consumers. As a result, the agency
is committed to increasing the participation of unbanked and
underbanked households in the financial mainstream by ensuring that all
Americans have access to safe, secure, and affordable banking services.
The National Survey of Unbanked and Underbanked Households is one
contribution to this end.
The National Survey of Unbanked and Underbanked Households is also
a key component of the FDIC's efforts to comply with a Congressional
mandate contained in section 7 of the Federal Deposit Insurance Reform
Conforming Amendments Act of 2005 (Reform Act) (Pub. L. 109-173), which
calls for the FDIC to conduct ongoing surveys ``on efforts by insured
depository institutions to bring those individuals and families who
have rarely, if ever, held a checking account, a savings account or
other type of transaction or check cashing account at an insured
depository institution (hereafter in this section referred to as the
`unbanked') into the conventional finance system.'' Section 7 further
instructs the FDIC to consider several factors in its conduct of the
surveys, including: (1) ``What cultural, language and identification
issues as well as transaction costs appear to most prevent `unbanked'
individuals from establishing conventional accounts''; and (2) ``what
is a fair estimate of the size and worth of the ``unbanked'' market in
the United States.'' The National Survey of Unbanked and Underbanked
Households is designed to address these factors and provide a factual
basis on the proportions of unbanked households. Such a factual basis
is necessary to adequately assess banks' efforts to serve these
households as required by the statutory mandate.
To obtain this information, the FDIC partnered with the U.S. Census
Bureau, which administered the Household Survey supplement (``FDIC
Supplement'') to households that participated in the January 2009, June
2011, and June 2013 CPS. The results of these surveys were released to
the public in December 2009, September 2012, and October 2014,
respectively.
The FDIC supplement has yielded nationally-representative data, not
otherwise available, on the size and characteristics of the population
that is unbanked or underbanked, the use by this population of
alternative financial services, and the reasons why some households do
not make greater use of mainstream banking services. The National
Survey of Unbanked and Underbanked Households is the only population-
representative survey conducted at the national level that provides
state-level estimates of the size and characteristics of unbanked and
underbanked households for all 50 states and the District of Columbia.
An executive summary of the results of the first three Household
Surveys, the full reports, and the survey instruments can be accessed
through the following link: https://www.economicinclusion.gov/surveys/.
Consistent with the statutory mandate to conduct the surveys on an
ongoing basis, the FDIC already has in place arrangements for
conducting the fourth Household Survey as a supplement to the June 2015
CPS. However, prior to finalizing the next survey instrument, the FDIC
seeks to solicit public comment on whether changes to the existing
instrument are desirable and, if so, to what extent. It should be noted
that, as a supplement of the CPS survey, the Household Survey needs to
adhere to specific parameters that include limits in the length and
sensitivity of the questions that can be asked of CPS respondents.
Specifically, there is a strict limitation on the number of questions
permitted and the average time required to complete the survey (15
minutes on average).
Request for Comment
Comments are invited on: (a) Whether the collection of information
is 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 collection;
(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 collection on respondents, including through the use of
automated collection techniques or other forms of information
technology.
The FDIC will consider all comments to determine the extent to
which the information collection should be modified prior to submission
to OMB for review and approval. After the comment period closes,
comments will be summarized and/or included in the FDIC's request to
OMB for approval of the collection. All comments will become a matter
of public record.
Dated at Washington, DC, this 16th day of January, 2015.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015-00982 Filed 1-21-15; 8:45 am]
BILLING CODE 6714-01-P
