Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Community Reinvestment Act Regulations, 42011-42013 [2017-18654]
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Federal Register / Vol. 82, No. 170 / Tuesday, September 5, 2017 / Notices
‘‘Docket Number: DOS–2017–0035 in
the Search field. Then click the
‘‘Comment Now’’ button and complete
the comment form.
• Email: PRA_BurdenComments@
state.gov.
You must include the DS form
number (if applicable), information
collection title, and the OMB control
number in any correspondence.
FOR FURTHER INFORMATION CONTACT:
Direct requests for additional
information regarding the collection
listed in this notice, including requests
for copies of the proposed collection
instrument and supporting documents
to Sydney Taylor, who may be reached
at PRA_BurdenComments@state.gov.
SUPPLEMENTARY INFORMATION:
• Title of Information Collection:
Electronic Medical Examination for Visa
Applicant.
• OMB Control Number: None.
• Type of Request: New Collection.
• Originating Office: Bureau of
Consular Affairs, Visa Office (CA/VO/L/
R).
• Form Number: No form.
• Respondents: Visa applicants.
• Estimated Number of Respondents:
684,589.
• Estimated Number of Responses:
684,589.
• Average Time per Response: 1 hour.
• Total Estimated Burden Time:
684,589 annual hours.
• Frequency: Once per respondent.
• Obligation to Respond: Required to
Obtain or Retain a Benefit.
We are soliciting public comments to
permit the Department to:
• Evaluate whether the proposed
information collection is necessary for
the proper functions of the Department.
• Evaluate the accuracy of our
estimate of the time and cost burden for
this proposed collection, including the
validity of the methodology and
assumptions used.
• Enhance the quality, utility, and
clarity of the information to be
collected.
• Minimize the reporting burden on
those who are to respond, including the
use of automated collection techniques
or other forms of information
technology.
Please note that comments submitted
in response to this Notice are public
record. Before including any detailed
personal information, you should be
aware that your comments as submitted,
including your personal information,
will be available for public review.
Abstract of Proposed Collection
This electronic collection records
medical information necessary to
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determine whether visa applicants have
medical conditions affecting the
applicant’s eligibility for a visa.
Methodology
Approved panel physicians will be
granted access to an eMedical system by
the Department of State, to conduct
medical examinations for visa eligibility
determinations. During the initial
rollout, some immigrant visa applicants
with a completed and submitted DS–
260, Application for Immigrant Visa and
Alien Registration will have their
medical exam results submitted to the
Department via the eMedical system.
The panel physician will input the
exam information into the eMedical
portal and it will be transmitted to the
Department for visa adjudication and
retained in the Department’s systems.
The Department anticipates a full
rollout of the electronic medical report
by the end of 2018. During the transition
to eMedical, some applicants’ medical
exams will be completed via paper
forms.
Edward Ramotowski,
Deputy Assistant Secretary, Bureau of
Consular Affairs, Department of State.
[FR Doc. 2017–18704 Filed 9–1–17; 8:45 am]
BILLING CODE 4710–06–P
OFFICE OF THE UNITED STATES
TRADE REPRESENTATIVE
[Docket Number USTR–2017–0012]
Request for Comments and Notice of
Public Hearing Concerning Russia’s
Implementation of Its WTO
Commitments
Office of the United States
Trade Representative.
ACTION: Notice and request for
comments; correction.
AGENCY:
The Trade Policy Staff
Committee (TPSC) published a
document in the Federal Register of
August 4, 2017, requesting comments
and providing notice of a hearing that
will assist the Office of the United
States Trade Representative (USTR) in
the preparation of its annual report to
Congress on Russia’s implementation of
its obligations as a member of the World
Trade Organization (WTO). The
document contained an incorrect date
for the hearing, which the TPSC will
convene on October 10, 2017.
FOR FURTHER INFORMATION CONTACT: For
procedural questions concerning written
comments or participating in the public
hearing, contact Yvonne Jamison at
(202) 395–3475. Direct all other
questions regarding this notice to Betsy
SUMMARY:
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42011
Hafner, Deputy Assistant United States
Trade Representative for Russia and
Eurasia, at (202) 395–9124.
Correction: In the Federal Register of
August 4, 2017, in FR Doc. 2017–16389,
82 FR 36521–22, on page 36521, in the
second column, correct the DATES
caption to read:
DATES: September 22, 2017: Deadline for
filing a summary of testimony and
requests to appear at the October 10,
2017 public hearing, and for submitting
public comments. October 10, 2017: The
TPSC will convene a public hearing on
Russia’s implementation of its
obligations as a member of the WTO at
9:30 a.m. in Rooms 1 & 2, 1724 F Street
NW., Washington, DC 20508.
Edward Gresser,
Chair, Trade Policy Staff Committee, Office
of the United States Trade Representative.
[FR Doc. 2017–18653 Filed 9–1–17; 8:45 am]
BILLING CODE 3290–F7–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Submission for OMB Review;
Community Reinvestment Act
Regulations
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
The OCC, 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 a continuing information
collection as required by the Paperwork
Reduction Act of 1995 (PRA).
In accordance with the requirements
of the PRA, the OCC 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.
The OCC is soliciting comment
concerning the renewal of its
information collection titled
‘‘Community Reinvestment Act
Regulations.’’ The OCC also is giving
notice that it has sent the collection to
OMB for review.
DATES: Comments must be submitted on
or before October 5, 2017.
ADDRESSES: Because paper mail in the
Washington, DC area and at the OCC is
subject to delay, commenters are
encouraged to submit comments by
SUMMARY:
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Federal Register / Vol. 82, No. 170 / Tuesday, September 5, 2017 / Notices
email, if possible. Comments may be
sent to: Legislative and Regulatory
Activities Division, Office of the
Comptroller of the Currency, Attention:
1557–0160, 400 7th Street SW., Suite
3E–218, Washington, DC 20219. In
addition, comments may be sent by fax
to (571) 465–4326 or by electronic mail
to prainfo@occ.treas.gov. You may
personally inspect and photocopy
comments at the OCC, 400 7th Street
SW., Washington, DC 20219. For
security reasons, the OCC requires that
visitors make an appointment to inspect
comments. You may do so by calling
(202) 649–6700 or, for persons who are
deaf or hard of hearing, TTY, (202) 649–
5597. Upon arrival, visitors will be
required to present valid governmentissued photo identification and submit
to security screening in order to inspect
and photocopy comments.
All comments received, including
attachments and other supporting
materials, are part of the public record
and subject to public disclosure. Do not
include any information in your
comment or supporting materials that
you consider confidential or
inappropriate for public disclosure.
Additionally, please send a copy of
your comments by mail to: OCC Desk
Officer, 1557–0160, U.S. Office of
Management and Budget, 725 17th
Street NW., #10235, Washington, DC
20503 or by email to oira_submission@
omb.eop.gov.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, OCC Clearance
Officer, (202) 649–5490 or, for persons
who are deaf or hard of hearing, TTY,
(202) 649–5597, Legislative and
Regulatory Activities Division, Office of
the Comptroller of the Currency, 400 7th
Street SW., Washington, DC 20219.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501–3520), federal
agencies must obtain approval from
OMB for each collection of information
that they conduct or sponsor.
‘‘Collection of information’’ is defined
in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) to include agency requests or
requirements that members of the public
submit reports, keep records, or provide
information to a third party.
The OCC is requesting that OMB
extend its approval of the following
collection:
Title: Community Reinvestment Act
Regulations.
OMB Control No.: 1557–0160.
Description: The Community
Reinvestment Act (CRA) requires the
federal banking agencies 1 (Agencies) to
assess the record of regulated financial
1 OCC, Board of Governors of the Federal Reserve
System, and Federal Deposit Insurance Corporation.
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institutions (institutions) in helping to
meet the credit needs of their entire
communities, including low- and
moderate-income neighborhoods,
consistent with safe and sound
operations. The CRA further requires
the Agencies to take this record into
account in evaluating applications for
mergers, branches, and certain other
corporate activities.2 The CRA statute
requires the Agencies to issue
regulations to carry out its purposes.3
Each agency must provide written
CRA performance evaluations (CRA PE)
of the institutions they supervise. The
CRA PEs are disclosed to the public.
The public portion of each written CRA
PE must present the agency’s
conclusions with respect to the CRA
performance standards identified in its
regulations; including the facts and data
supporting those conclusions; and
contain the institution’s CRA rating and
the basis for that rating.
The reporting, recordkeeping, and
disclosure requirements in the CRA
regulations are necessary, as they
provide the Agencies with the
information they need to examine,
assess, and assign ratings reflecting
institutions’ CRA performance and to
prepare the public section of the CRA
PE.
The OCC’s CRA regulation, 12 CFR
25, applies to national banks, including
federal branches, as those are defined in
12 CFR 28, with federally insured
deposits, except as provided in 12 CFR
25.11, (collectively, banks). Similarly,
the OCC’s CRA regulation, 12 CFR 195,
applies to savings associations, except
as provided in 12 CFR 195.11.
12 CFR 25.25(b) and 195.25(b)
provide that requests for designation as
a wholesale or limited purpose bank or
savings association must be made in
writing with the OCC at least three
months prior to the proposed effective
date of the designation.
12 CFR 25.27 and 195.27 provide for
optional submission of strategic plans to
the OCC for approval. If the
requirements of 12 CFR 25.27(a) or
195.27(a), respectively, are met,
institutions’ records of helping to meet
the credit needs of their assessment
areas will be assessed under their
approved strategic plans.
12 CFR 25.42(a) and 195.42(a) require
that large banks and savings
associations 4 shall collect and maintain
certain small business/small farm loan
data in a machine-readable form and
2 12
U.S.C. 2903.
U.S.C. 2905.
4 Large banks and large savings associations are
banks and savings associations that are not small
banks or small savings associations defined in 12
CFR 25.12(u) or 195.12(u), respectively.
3 12
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report it annually pursuant to 12 CFR
25.42(b)(1) and 195.42(b)(1).
12 CFR 25.42(b)(2) and 195.42(b)(2)
require that large banks and savings
associations report annually in machine
readable form the aggregate number and
aggregate amount of community
development loans originated or
purchased.
12 CFR 25.42(b)(3) and 195.42(b)(3)
require that large banks and savings
associations, if subject to reporting
under 12 CFR 1003 (Home Mortgage
Disclosure (Regulation C)), must report
the location of each home mortgage loan
application, origination, or purchase
outside the metropolitan statistical
area(s) in which the bank or savings
association has a home/branch office,
and the location of each home mortgage
loan application, origination, or
purchase outside any metropolitan
statistical area, in accordance with the
requirements of Regulation C.
12 CFR 25.42(c)(1) and 195.42(c)(1)
provide that all banks and savings
associations may collect and maintain
in machine readable form certain data
for consumer loans originated or
purchased by a bank or savings
association for consideration under the
lending test. Under 12 CFR 25.42(c)(2)
and 195.42(c)(2), all banks and saving
associations may include other
information concerning their lending
performance, including additional loan
distribution data.
12 CFR 25.42(d) and 195.42(d)
provide that banks and savings
associations that elect to have the OCC
consider loans by an affiliate, for
purposes of the lending or community
development test or an approved
strategic plan, shall collect, maintain,
and report the data that the bank or
savings association would have
collected, maintained, and reported
pursuant to 12 CFR 25.42(a)–(c) or
195.42(a)–(c), respectively, had the
loans been originated or purchased by
the bank or savings association. For
home mortgage loans, the bank or
savings association must also be
prepared to identify the home mortgage
loans reported under HMDA by the
affiliate.
12 CFR 25.42(e) and 195.42(e) provide
that banks and savings associations that
elect to have the OCC consider
community development loans by a
consortium or a third party, for
purposes of the lending or community
development tests or an approved
strategic plan, must report for those
loans the data that the bank or savings
association would have reported under
12 CFR 25.42(b)(2) or 195.42(b)(2),
respectively, had the loans been
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originated or purchased by the bank or
savings association.
12 CFR 25.42(g) and 195.42(g) require
that banks and savings associations,
except those that were a small bank or
small savings association 5 during the
prior calendar year, collect and report to
the OCC a list for each assessment area
showing the geographies within the
area.
12 CFR 25.43 and 195.43 generally
require that all banks and savings
associations maintain a public file that
contains: All written comments and
responses; a copy of the public section
of the bank’s or savings association’s
most recent CRA performance
evaluation; a list of the bank’s or savings
association’s branches; a list of the
branches opened or closed; a list of
services offered; and a map of each
assessment area delineated by the bank
or savings association under 12 CFR
25.41 or 195.41, respectively. Certain
banks and savings associations must
include: A copy of their approved
strategic plan and a description of the
current efforts to improve their
performance in helping to meet the
credit needs of its entire community.
Certain large banks and savings
associations must include in their
public files (for prior two years):
Consumer loan data; CRA Disclosure
Statements; and Home Mortgage
Disclosure Act (HMDA) Disclosure
Statements. Small banks and savings
associations must include their loan-todeposit ratio for each quarter of the
prior calendar year and, at their option,
additional data on its loan-to-deposit
ratio.
Type of Review: Regular review.
Affected Public: Businesses or other
for-profit.
Frequency of Response: On occasion.
Estimated Number of Respondents:
1,234.
Estimated Total Annual Burden:
113,351 hours.
The OCC issued a notice for 60 days
of comment regarding this collection on
June 5, 2017, 82 FR 25911. One
comment was received from an
institution.
The commenter focused its comments
on 12 CFR 25.43 and 195.43, which
require that all banks and savings
associations maintain a public file. The
commenter believed that removing the
requirements for a copy of the public
section of the most recent CRA
evaluation and CRA and Home
Mortgage Disclosure Act (HMDA)
Disclosure Statements would enhance
the quality, utility, and clarity of the
information to be collected and
minimize the burden of the collection
on respondents. The commenter stated
that CRA Performance Evaluations are
readily available through the Web sites
of the respective regulators completing
the evaluations and CRA and HMDA
Disclosure Statements (often thousands
of pages) are available to both regulators
and consumers through the Federal
Financial Institutions Examination
Council’s (FFIEC) Web site. The
commenter supported the remaining
Public File requirements.
In response to these comments, the
OCC notes that the Federal banking
agencies have opined that a bank or
savings association may keep all or a
part of CRA public file information,
including the public section of its CRA
evaluation and CRA and HMDA
Disclosure Statements, on an intranet or
the Internet provided that all of the
required information set forth in 12 CFR
25.43 is made available in either in
paper or electronic form. See
Community Reinvestment Act;
Interagency Questions and Answers
Regarding Community Reinvestment;
Guidance § ___.43(c)—2 (81 FR 48555,
July 25, 2016). By making CRA public
file items available via an intranet or the
Internet, a bank or savings association
can decrease the volume of paper
maintained in a public file, which
should help increase the clarity of
information that a bank or savings
association elects to maintain in a
paper-based public file and decrease
information collection burden.
Comments continue to be invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’s
estimate of the burden of the
information collection;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the collection 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.
Dated: August 28, 2017.
Karen Solomon,
Deputy Chief Counsel, Office of the
Comptroller of the Currency.
[FR Doc. 2017–18654 Filed 9–1–17; 8:45 am]
5 See
12 CFR 25.12(u) and 195.12(u), respectively.
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BILLING CODE 4810–33–P
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42013
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Submission for OMB Review;
Disclosure Requirements Associated
With Supplementary Leverage Ratio
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
The OCC, 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 a continuing information
collection as required by the Paperwork
Reduction Act of 1995 (PRA).
In accordance with the requirements
of the PRA, the OCC 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.
The OCC is soliciting comment
concerning the renewal of its
information collection titled ‘‘Disclosure
Requirements Associated with
Supplementary Leverage Ratio.’’ The
OCC also is giving notice that it has sent
the collection to OMB for review.
DATES: Comments must be submitted on
or before October 5, 2017.
ADDRESSES: Because paper mail in the
Washington, DC area and at the OCC is
subject to delay, commenters are
encouraged to submit comments by
email, if possible. Comments may be
sent to: Legislative and Regulatory
Activities Division, Office of the
Comptroller of the Currency, Attention:
1557–0322, 400 7th Street SW., Suite
3E–218, Washington, DC 20219. In
addition, comments may be sent by fax
to (571) 465–4326 or by electronic mail
to prainfo@occ.treas.gov. You may
personally inspect and photocopy
comments at the OCC, 400 7th Street
SW., Washington, DC 20219. For
security reasons, the OCC requires that
visitors make an appointment to inspect
comments. You may do so by calling
(202) 649–6700 or, for persons who are
deaf or hard of hearing, TTY, (202) 649–
5597. Upon arrival, visitors will be
required to present valid governmentissued photo identification and submit
to security screening in order to inspect
and photocopy comments.
All comments received, including
attachments and other supporting
materials, are part of the public record
and subject to public disclosure. Do not
SUMMARY:
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]]>Agencies
[Federal Register Volume 82, Number 170 (Tuesday, September 5, 2017)]
[Notices]
[Pages 42011-42013]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-18654]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Submission for OMB Review; Community Reinvestment Act
Regulations
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, 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 a continuing
information collection as required by the Paperwork Reduction Act of
1995 (PRA).
In accordance with the requirements of the PRA, the OCC 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.
The OCC is soliciting comment concerning the renewal of its
information collection titled ``Community Reinvestment Act
Regulations.'' The OCC also is giving notice that it has sent the
collection to OMB for review.
DATES: Comments must be submitted on or before October 5, 2017.
ADDRESSES: Because paper mail in the Washington, DC area and at the OCC
is subject to delay, commenters are encouraged to submit comments by
[[Page 42012]]
email, if possible. Comments may be sent to: Legislative and Regulatory
Activities Division, Office of the Comptroller of the Currency,
Attention: 1557-0160, 400 7th Street SW., Suite 3E-218, Washington, DC
20219. In addition, comments may be sent by fax to (571) 465-4326 or by
electronic mail to prainfo@occ.treas.gov. You may personally inspect
and photocopy comments at the OCC, 400 7th Street SW., Washington, DC
20219. For security reasons, the OCC requires that visitors make an
appointment to inspect comments. You may do so by calling (202) 649-
6700 or, for persons who are deaf or hard of hearing, TTY, (202) 649-
5597. Upon arrival, visitors will be required to present valid
government-issued photo identification and submit to security screening
in order to inspect and photocopy comments.
All comments received, including attachments and other supporting
materials, are part of the public record and subject to public
disclosure. Do not include any information in your comment or
supporting materials that you consider confidential or inappropriate
for public disclosure.
Additionally, please send a copy of your comments by mail to: OCC
Desk Officer, 1557-0160, U.S. Office of Management and Budget, 725 17th
Street NW., #10235, Washington, DC 20503 or by email to
oira_submission@omb.eop.gov.
FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC Clearance
Officer, (202) 649-5490 or, for persons who are deaf or hard of
hearing, TTY, (202) 649-5597, Legislative and Regulatory Activities
Division, Office of the Comptroller of the Currency, 400 7th Street
SW., Washington, DC 20219.
SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), federal
agencies must obtain approval from OMB for each collection of
information that they conduct or sponsor. ``Collection of information''
is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency
requests or requirements that members of the public submit reports,
keep records, or provide information to a third party.
The OCC is requesting that OMB extend its approval of the following
collection:
Title: Community Reinvestment Act Regulations.
OMB Control No.: 1557-0160.
Description: The Community Reinvestment Act (CRA) requires the
federal banking agencies \1\ (Agencies) to assess the record of
regulated financial institutions (institutions) in helping to meet the
credit needs of their entire communities, including low- and moderate-
income neighborhoods, consistent with safe and sound operations. The
CRA further requires the Agencies to take this record into account in
evaluating applications for mergers, branches, and certain other
corporate activities.\2\ The CRA statute requires the Agencies to issue
regulations to carry out its purposes.\3\
---------------------------------------------------------------------------
\1\ OCC, Board of Governors of the Federal Reserve System, and
Federal Deposit Insurance Corporation.
\2\ 12 U.S.C. 2903.
\3\ 12 U.S.C. 2905.
---------------------------------------------------------------------------
Each agency must provide written CRA performance evaluations (CRA
PE) of the institutions they supervise. The CRA PEs are disclosed to
the public. The public portion of each written CRA PE must present the
agency's conclusions with respect to the CRA performance standards
identified in its regulations; including the facts and data supporting
those conclusions; and contain the institution's CRA rating and the
basis for that rating.
The reporting, recordkeeping, and disclosure requirements in the
CRA regulations are necessary, as they provide the Agencies with the
information they need to examine, assess, and assign ratings reflecting
institutions' CRA performance and to prepare the public section of the
CRA PE.
The OCC's CRA regulation, 12 CFR 25, applies to national banks,
including federal branches, as those are defined in 12 CFR 28, with
federally insured deposits, except as provided in 12 CFR 25.11,
(collectively, banks). Similarly, the OCC's CRA regulation, 12 CFR 195,
applies to savings associations, except as provided in 12 CFR 195.11.
12 CFR 25.25(b) and 195.25(b) provide that requests for designation
as a wholesale or limited purpose bank or savings association must be
made in writing with the OCC at least three months prior to the
proposed effective date of the designation.
12 CFR 25.27 and 195.27 provide for optional submission of
strategic plans to the OCC for approval. If the requirements of 12 CFR
25.27(a) or 195.27(a), respectively, are met, institutions' records of
helping to meet the credit needs of their assessment areas will be
assessed under their approved strategic plans.
12 CFR 25.42(a) and 195.42(a) require that large banks and savings
associations \4\ shall collect and maintain certain small business/
small farm loan data in a machine-readable form and report it annually
pursuant to 12 CFR 25.42(b)(1) and 195.42(b)(1).
---------------------------------------------------------------------------
\4\ Large banks and large savings associations are banks and
savings associations that are not small banks or small savings
associations defined in 12 CFR 25.12(u) or 195.12(u), respectively.
---------------------------------------------------------------------------
12 CFR 25.42(b)(2) and 195.42(b)(2) require that large banks and
savings associations report annually in machine readable form the
aggregate number and aggregate amount of community development loans
originated or purchased.
12 CFR 25.42(b)(3) and 195.42(b)(3) require that large banks and
savings associations, if subject to reporting under 12 CFR 1003 (Home
Mortgage Disclosure (Regulation C)), must report the location of each
home mortgage loan application, origination, or purchase outside the
metropolitan statistical area(s) in which the bank or savings
association has a home/branch office, and the location of each home
mortgage loan application, origination, or purchase outside any
metropolitan statistical area, in accordance with the requirements of
Regulation C.
12 CFR 25.42(c)(1) and 195.42(c)(1) provide that all banks and
savings associations may collect and maintain in machine readable form
certain data for consumer loans originated or purchased by a bank or
savings association for consideration under the lending test. Under 12
CFR 25.42(c)(2) and 195.42(c)(2), all banks and saving associations may
include other information concerning their lending performance,
including additional loan distribution data.
12 CFR 25.42(d) and 195.42(d) provide that banks and savings
associations that elect to have the OCC consider loans by an affiliate,
for purposes of the lending or community development test or an
approved strategic plan, shall collect, maintain, and report the data
that the bank or savings association would have collected, maintained,
and reported pursuant to 12 CFR 25.42(a)-(c) or 195.42(a)-(c),
respectively, had the loans been originated or purchased by the bank or
savings association. For home mortgage loans, the bank or savings
association must also be prepared to identify the home mortgage loans
reported under HMDA by the affiliate.
12 CFR 25.42(e) and 195.42(e) provide that banks and savings
associations that elect to have the OCC consider community development
loans by a consortium or a third party, for purposes of the lending or
community development tests or an approved strategic plan, must report
for those loans the data that the bank or savings association would
have reported under 12 CFR 25.42(b)(2) or 195.42(b)(2), respectively,
had the loans been
[[Page 42013]]
originated or purchased by the bank or savings association.
12 CFR 25.42(g) and 195.42(g) require that banks and savings
associations, except those that were a small bank or small savings
association \5\ during the prior calendar year, collect and report to
the OCC a list for each assessment area showing the geographies within
the area.
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\5\ See 12 CFR 25.12(u) and 195.12(u), respectively.
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12 CFR 25.43 and 195.43 generally require that all banks and
savings associations maintain a public file that contains: All written
comments and responses; a copy of the public section of the bank's or
savings association's most recent CRA performance evaluation; a list of
the bank's or savings association's branches; a list of the branches
opened or closed; a list of services offered; and a map of each
assessment area delineated by the bank or savings association under 12
CFR 25.41 or 195.41, respectively. Certain banks and savings
associations must include: A copy of their approved strategic plan and
a description of the current efforts to improve their performance in
helping to meet the credit needs of its entire community. Certain large
banks and savings associations must include in their public files (for
prior two years): Consumer loan data; CRA Disclosure Statements; and
Home Mortgage Disclosure Act (HMDA) Disclosure Statements. Small banks
and savings associations must include their loan-to-deposit ratio for
each quarter of the prior calendar year and, at their option,
additional data on its loan-to-deposit ratio.
Type of Review: Regular review.
Affected Public: Businesses or other for-profit.
Frequency of Response: On occasion.
Estimated Number of Respondents: 1,234.
Estimated Total Annual Burden: 113,351 hours.
The OCC issued a notice for 60 days of comment regarding this
collection on June 5, 2017, 82 FR 25911. One comment was received from
an institution.
The commenter focused its comments on 12 CFR 25.43 and 195.43,
which require that all banks and savings associations maintain a public
file. The commenter believed that removing the requirements for a copy
of the public section of the most recent CRA evaluation and CRA and
Home Mortgage Disclosure Act (HMDA) Disclosure Statements would enhance
the quality, utility, and clarity of the information to be collected
and minimize the burden of the collection on respondents. The commenter
stated that CRA Performance Evaluations are readily available through
the Web sites of the respective regulators completing the evaluations
and CRA and HMDA Disclosure Statements (often thousands of pages) are
available to both regulators and consumers through the Federal
Financial Institutions Examination Council's (FFIEC) Web site. The
commenter supported the remaining Public File requirements.
In response to these comments, the OCC notes that the Federal
banking agencies have opined that a bank or savings association may
keep all or a part of CRA public file information, including the public
section of its CRA evaluation and CRA and HMDA Disclosure Statements,
on an intranet or the Internet provided that all of the required
information set forth in 12 CFR 25.43 is made available in either in
paper or electronic form. See Community Reinvestment Act; Interagency
Questions and Answers Regarding Community Reinvestment; Guidance Sec.
___.43(c)--2 (81 FR 48555, July 25, 2016). By making CRA public file
items available via an intranet or the Internet, a bank or savings
association can decrease the volume of paper maintained in a public
file, which should help increase the clarity of information that a bank
or savings association elects to maintain in a paper-based public file
and decrease information collection burden.
Comments continue to be invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the OCC, including whether the
information has practical utility;
(b) The accuracy of the OCC's estimate of the burden of the
information collection;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the collection 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.
Dated: August 28, 2017.
Karen Solomon,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2017-18654 Filed 9-1-17; 8:45 am]
BILLING CODE 4810-33-P
