Agency Information Collection Activities: Proposed Collection Renewals; Comment Request (3064-0070, -0079, -0103, -0139 & -0192), 32752 [2016-12181]

Agencies

• FEDERAL DEPOSIT INSURANCE CORPORATION

[Federal Register Volume 81, Number 100 (Tuesday, May 24, 2016)]
[Notices]
[Page 32752]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-12181]



[[Page 32752]]

=======================================================================
-----------------------------------------------------------------------

FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection 
Renewals; Comment Request (3064-0070, -0079, -0103, -0139 & -0192)

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, invites the general public and other Federal 
agencies to take this opportunity to comment on the renewal of existing 
information collections, as required by the Paperwork Reduction Act of 
1995. Currently, the FDIC is soliciting comment on the renewal of the 
information collections described below.

DATES: Comments must be submitted on or before July 25, 2016.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     https://www.FDIC.gov/regulations/laws/federal/.
     Email: comments@fdic.gov. Include the name and number of 
the collection in the subject line of the message.
     Mail: Gary A. Kuiper (202.898.3877), Counsel, MB-3016 or 
Manny Cabeza (202.898.3767), Counsel MB-3105, Federal Deposit Insurance 
Corporation, 550 17th Street NW., Washington, DC 20429.
     Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 17th Street Building (located on F Street), 
on business days between 7:00 a.m. and 5:00 p.m.
    All comments should refer to the relevant OMB control number. A 
copy of the comments may also be submitted to the OMB desk officer for 
the FDIC: Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503.

FOR FURTHER INFORMATION CONTACT: Gary Kuiper or Manny Cabeza, at the 
FDIC address above.

SUPPLEMENTARY INFORMATION: 
    Proposal to renew the following currently-approved collections of 
information:
    1. Title: Application for a Bank to Establish a Branch or Move its 
Main Office.
    OMB Number: 3064-0070.
    Affected Public: Insured financial institutions.
    Frequency of Response: On occasion.
    Annual Number of Respondents: 752.
    Estimated Time per Response: 10 hours.
    Total Annual Burden: 7520 hours.
    General Description: Insured institutions must obtain the written 
consent of the FDIC before establishing or moving a main office or 
branch.
    2. Title: Application for Consent to Reduce or Retire Capital.
    OMB Number: 3064-0079.
    Affected Public: Insured state nonmember banks.
    Frequency of Response: On occasion.
    Estimated Number of Respondents: 80.
    Estimated Time per Response: 11 hours.
    Total Annual Burden: 880 hours.
    General Description: Insured state nonmember banks proposing to 
change their capital structure must submit an application containing 
information about the proposed change to obtain FDIC's consent to 
reduce or retire capital.
    3. Title: Appraisals Standard.
    OMB Number: 3064-0103.
    Affected Public: Insured state nonmember banks.
    Frequency of Response: On occasion.
    Estimated Number of Respondents: 3947.
    Estimated Number of Responses per Respondent: 105.6.
    Estimated Time per Response: .75 hours.
    Total Annual Burden: 312,602 hours.
    General Description: FIRREA directs the FDIC to prescribe 
appropriate performance standards for real estate appraisals connected 
with federally related transactions under its jurisdiction. This 
information collection is a direct consequence of the statutory 
requirement.
    4. Title: CRA Sunshine.
    OMB Number: 3064-0139.
    Affected Public: Insured state nonmember banks and their affiliates 
and nongovernmental entities and persons.
    Frequency of Response: On occasion.
    Estimated Number of Respondents: 16.
    Estimated Time per Response: 8.625.
    Total Annual Burden: 138 hours.
    General Description: This collection implements a statutory 
requirement imposing reporting, disclosure and recordkeeping 
requirements on some community reinvestment-related agreements between 
insured depository institutions or affiliates, and nongovernmental 
entities or persons.
    5. Title: Asset Sales Forms.
    OMB Number: 3064-0192.
    Affected Public: Insured state nonmember banks and their affiliates 
and nongovernmental entities and persons.
    Frequency of Response: On occasion.
    Estimated Number of Respondents: 600 hours.
    Estimated Time per Response: .50 hours.
    Total Annual Burden: 300 hours.
    General Description: The FDIC uses the Purchaser Eligibility 
Certification form, FDIC Form No. 7300/06, to identify prospective 
bidders who are not eligible to purchase assets of failed institutions 
from the FDIC. Specifically, section 11(p) of the Federal Deposit 
Insurance Act prohibits the sale of assets of failed institutions to 
certain individuals or entities that profited or engaged in wrongdoing 
at the expense of those failed institutions, or seriously mismanaged 
those failed institutions.

Request for Comment

    Comments are invited on: (a) Whether the collections of information 
are necessary for the proper performance of the FDIC's functions, 
including whether the information has practical utility; (b) the 
accuracy of the estimates of the burden of the collections of 
information, 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 
collections of information 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 19th day of May 2016.

    Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2016-12181 Filed 5-23-16; 8:45 am]
 BILLING CODE 6714-01-P