Proposed Agency Information Collection Activities; Comment Request, 14679-14680 [2020-05184]

Download as PDF Federal Register / Vol. 85, No. 50 / Friday, March 13, 2020 / Notices in the Federal Register an RFI seeking input regarding potential modernization of its sign and advertising rules to reflect that deposit-taking via physical branch, digital, and mobile banking channels continues to evolve since the FDIC last significantly updated its rules in 2006. The FDIC issued the RFI to inform FDIC efforts to align the policy objectives of its rules and keep pace with how today’s banks offer deposit products and services and how consumers connect with banks, including through evolving channels. The FDIC also sought input on how to address potential misrepresentations by nonbanks about deposit insurance. In addition, the FDIC requested information about how technological or other solutions could be leveraged to help consumers better distinguish FDICinsured banks and savings associations from entities that are not insured by the FDIC (nonbanks), particularly across web and digital channels. The RFI stated that the comment period would close on March 19, 2020. The FDIC has received requests to extend the comment period. An extension of the comment period will provide will allow interested parties additional time to analyze the issues and to prepare comments to address the questions posed by the FDIC. Therefore, the FDIC is extending the end of the comment period for the RFI from March 19, 2020, to April 20, 2020. page at: https://www.fdic.gov/ video.html. Observers requiring auxiliary aids (e.g., sign language interpretation) for this meeting should call 703–562–2404 (Voice) or 703–649–4354 (Video Phone) to make necessary arrangements. STATUS: Open. MATTERS TO BE CONSIDERED: Pursuant to the provisions of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b), notice is hereby given that the Federal Deposit Insurance Corporation’s Board of Directors will meet in open session to consider the following matters: Federal Deposit Insurance Corporation. Dated at Washington, DC, on March 9, 2020. Annmarie H. Boyd, Assistant Executive Secretary. CONTACT PERSON FOR MORE INFORMATION: Summary Agenda No substantive discussion of the following items is anticipated. These matters will be resolved with a single vote unless a member of the Board of Directors requests that an item be moved to the discussion agenda. Disposition of Minutes of a Board of Directors’ Meeting Previously Distributed. Summary reports, status reports, reports of actions taken pursuant to authority delegated by the Board of Directors, and report of the Office of Inspector General. Discussion Agenda Memorandum and resolution re: Notice of Proposed Rulemaking, Parent Companies of Industrial Banks and Industrial Loan Companies. Requests for further information concerning the meeting may be directed to Mr. Robert E. Feldman, Executive Secretary of the Corporation, at 202– 898–7043. [FR Doc. 2020–05127 Filed 3–12–20; 8:45 am] Dated at Washington, DC, on March 11, 2020. Federal Deposit Insurance Corporation. Annmarie H. Boyd, Assistant Executive Secretary. BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION [FR Doc. 2020–05376 Filed 3–11–20; 4:15 pm] Sunshine Act Meeting BILLING CODE 6714–01–P 2:00 p.m. on Tuesday, March 17, 2020. PLACE: The meeting is open to the public. Out of an abundance of caution related to current and potential coronavirus developments, the public’s means to observe this Board meeting will be via a Webcast live on the internet and subsequently made available on-demand approximately one week after the event. Visit http:// fdic.windrosemedia.com to view the live event. Visit http:// fdic.windrosemedia.com/index.php? category=FDIC+Board+Meetings after the meeting. If you need any technical assistance, please visit our Video Help jbell on DSKJLSW7X2PROD with NOTICES TIME AND DATE: VerDate Sep<11>2014 18:16 Mar 12, 2020 Jkt 250001 FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. ACTION: Notice, request for comment. AGENCY: The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision, the Compensation and Salary Surveys (FR 29a and FR 29b; OMB No. 7100–0290). SUMMARY: PO 00000 Frm 00051 Fmt 4703 Sfmt 4703 14679 Comments must be submitted on or before May 12, 2020. ADDRESSES: You may submit comments, identified by FR 29a and FR 29b, by any of the following methods: • Agency Website: https:// www.federalreserve.gov/. Follow the instructions for submitting comments at https://www.federalreserve.gov/apps/ foia/proposedregs.aspx. • Email: regs.comments@ federalreserve.gov. Include the OMB number in the subject line of the message. • Fax: (202) 452–3819 or (202) 452– 3102. • Mail: Ann E. Misback, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551. All public comments are available from the Board’s website at https:// www.federalreserve.gov/apps/foia/ proposedregs.aspx as submitted, unless modified for technical reasons or to remove personally identifiable information at the commenter’s request. Accordingly, comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper in Room 146, 1709 New York Avenue NW, Washington, DC 20006, between 9:00 a.m. and 5:00 p.m. on weekdays. For security reasons, the Board requires that visitors make an appointment to inspect comments. You may do so by calling (202) 452–3684. Upon arrival, visitors will be required to present valid government-issued photo identification and to submit to security screening in order to inspect and photocopy comments. Additionally, commenters may send a copy of their comments to the Office of Management and Budget (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, or by fax to (202) 395–6974. FOR FURTHER INFORMATION CONTACT: A copy of the Paperwork Reduction Act (PRA) OMB submission, including the reporting form and instructions, supporting statement, and other documentation will be placed into OMB’s public docket files, if approved. These documents will also be made available on the Board’s public website at https://www.federalreserve.gov/apps/ reportforms/review.aspx or may be requested from the agency clearance officer, whose name appears below. Federal Reserve Board Clearance Officer—Nuha Elmaghrabi—Office of DATES: E:\FR\FM\13MRN1.SGM 13MRN1 14680 Federal Register / Vol. 85, No. 50 / Friday, March 13, 2020 / Notices the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551, (202) 452–3829. SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board authority under the PRA to approve and assign OMB control numbers to collections of information conducted or sponsored by the Board. In exercising this delegated authority, the Board is directed to take every reasonable step to solicit comment. In determining whether to approve a collection of information, the Board will consider all comments received from the public and other agencies. Request for Comment on Information Collection Proposal The Board invites public comment on the following information collection, which is being reviewed under authority delegated by the OMB under the PRA. Comments are invited on the following: a. Whether the proposed collection of information is necessary for the proper performance of the Board’s functions, including whether the information has practical utility; b. The accuracy of the Board’s estimate of the burden of the proposed 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; d. Ways to minimize the burden of information collection on respondents, including through the use of automated collection techniques or other forms of information technology; and e. Estimates of capital or startup costs and costs of operation, maintenance, and purchase of services to provide information. At the end of the comment period, the comments and recommendations received will be analyzed to determine the extent to which the Board should modify the proposal. jbell on DSKJLSW7X2PROD with NOTICES Proposal Under OMB Delegated Authority To Extend for Three Years, Without Revision, the Following Information Collection 18:16 Mar 12, 2020 Jkt 250001 Board of Governors of the Federal Reserve System, March 10, 2020. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2020–05184 Filed 3–12–20; 8:45 am] BILLING CODE 6210–01–P Report title: Compensation and Salary Surveys. Agency form number: FR 29a, FR 29b. OMB control number: 7100–0290. Frequency: FR 29a, annually; FR 29b, on occasion. Respondents: Employers considered competitors of the Board. Estimated number of respondents: FR 29a, 35; FR 29b, 10. VerDate Sep<11>2014 Estimated average hours per response: FR 29a, 6 hours; FR 29b, 1 hour. Estimated annual burden hours: FR 29a, 210 hours; FR 29b, 50 hours. General description of report: The FR 29a and FR 29b collect information on salaries, employee compensation policies, and other employee programs from employers that are considered competitors of the Board. The data from the surveys primarily are used to determine the appropriate salary structure and salary adjustments for Board employees. The Board, along with other Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA) agencies,1 conduct the FR 29a survey jointly. The FR 29b is collected by the Board only. Legal authorization and confidentiality: The FR 29 is authorized by sections 10(4) and 11(1) of the Federal Reserve Act,2 which authorizes the Board to determine employees’ compensation. Survey submissions are voluntary. The FR 29a survey is conducted by an outside consultant that only submits to the Board a report of aggregate data. Because the Board does not collect or have access to the individual respondent data, no confidentiality issue arises with respect to the individual responses to the FR 29a. Individual responses to the FR 29b may be kept confidential on a case-bycase basis. The Board will consider whether information collected through these surveys may be kept confidential under exemption 4 of the Freedom of Information Act (‘‘FOIA’’), which protects privileged or confidential commercial or financial information,3 exemption 6, which protects information ‘‘the disclosure of which would constitute a clearly unwarranted invasion of personal privacy,’’ 4 or any other applicable FOIA exemption. Consultation outside the agency: Willis Towers Watson and the Board work together to review and update the survey instrument. 1 For purposes of this proposal, the FIRREA agencies consist of the Federal Reserve Board, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Commodity Futures Trading Commission, the Farm Credit Administration, and the Securities and Exchange Commission. 2 12 U.S.C. 244 and 248(l). 3 5 U.S.C. 552(b)(4). 4 5 U.S.C. 552(b)(6). PO 00000 Frm 00052 Fmt 4703 Sfmt 4703 FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies 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 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, if any, are available for immediate inspection at the Federal Reserve Bank indicated. The applications will also 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)). Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th and Constitution Avenue NW, Washington DC 20551–0001, not later than April 14, 2020. A. Federal Reserve Bank of Atlanta (Kathryn Haney, Assistant Vice President) 1000 Peachtree Street NE, Atlanta, Georgia 30309. Comments can also be sent electronically to Applications.Comments@atl.frb.org: 1. Anchor Bankshares, Inc., Palm Beach Gardens, Florida; to become a bank holding company by acquiring Anchor Bank, Juno Beach, Florida. 2. South State Corporation, Columbia, South Carolina; to merge with CenterState Bank Corporation, and thereby indirectly acquire CenterState Bank, N.A., both of Winter Haven, Florida. B. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. PBT Bancshares, Inc., McPherson, Kansas; to acquire Community Bank of the Midwest, Great Bend, Kansas. C. Federal Reserve Bank of San Francisco (Sebastian Astrada, Director, Applications) 101 Market Street, San Francisco, California 94105–1579: 1. Golden Valley Bancshares, Inc., Chico, California; to become a bank holding company by acquiring Golden Valley Bank, Chico, California. E:\FR\FM\13MRN1.SGM 13MRN1

Agencies

[Federal Register Volume 85, Number 50 (Friday, March 13, 2020)]
[Notices]
[Pages 14679-14680]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-05184]


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FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice, request for comment.

-----------------------------------------------------------------------

SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
invites comment on a proposal to extend for three years, without 
revision, the Compensation and Salary Surveys (FR 29a and FR 29b; OMB 
No. 7100-0290).

DATES: Comments must be submitted on or before May 12, 2020.

ADDRESSES: You may submit comments, identified by FR 29a and FR 29b, by 
any of the following methods:
     Agency Website: https://www.federalreserve.gov/. Follow 
the instructions for submitting comments at https://www.federalreserve.gov/apps/foia/proposedregs.aspx.
     Email: [email protected]. Include the OMB 
number in the subject line of the message.
     Fax: (202) 452-3819 or (202) 452-3102.
     Mail: Ann E. Misback, Secretary, Board of Governors of the 
Federal Reserve System, 20th Street and Constitution Avenue NW, 
Washington, DC 20551.
    All public comments are available from the Board's website at 
https://www.federalreserve.gov/apps/foia/proposedregs.aspx as 
submitted, unless modified for technical reasons or to remove 
personally identifiable information at the commenter's request. 
Accordingly, comments will not be edited to remove any identifying or 
contact information. Public comments may also be viewed electronically 
or in paper in Room 146, 1709 New York Avenue NW, Washington, DC 20006, 
between 9:00 a.m. and 5:00 p.m. on weekdays. For security reasons, the 
Board requires that visitors make an appointment to inspect comments. 
You may do so by calling (202) 452-3684. Upon arrival, visitors will be 
required to present valid government-issued photo identification and to 
submit to security screening in order to inspect and photocopy 
comments.
    Additionally, commenters may send a copy of their comments to the 
Office of Management and Budget (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, or by fax to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: A copy of the Paperwork Reduction Act 
(PRA) OMB submission, including the reporting form and instructions, 
supporting statement, and other documentation will be placed into OMB's 
public docket files, if approved. These documents will also be made 
available on the Board's public website at https://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested 
from the agency clearance officer, whose name appears below.
    Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of

[[Page 14680]]

the Chief Data Officer, Board of Governors of the Federal Reserve 
System, Washington, DC 20551, (202) 452-3829.

SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board 
authority under the PRA to approve and assign OMB control numbers to 
collections of information conducted or sponsored by the Board. In 
exercising this delegated authority, the Board is directed to take 
every reasonable step to solicit comment. In determining whether to 
approve a collection of information, the Board will consider all 
comments received from the public and other agencies.

Request for Comment on Information Collection Proposal

    The Board invites public comment on the following information 
collection, which is being reviewed under authority delegated by the 
OMB under the PRA. Comments are invited on the following:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Board's functions, including whether the 
information has practical utility;
    b. The accuracy of the Board's estimate of the burden of the 
proposed 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;
    d. Ways to minimize the burden of information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    e. Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the Board 
should modify the proposal.

Proposal Under OMB Delegated Authority To Extend for Three Years, 
Without Revision, the Following Information Collection

    Report title: Compensation and Salary Surveys.
    Agency form number: FR 29a, FR 29b.
    OMB control number: 7100-0290.
    Frequency: FR 29a, annually; FR 29b, on occasion.
    Respondents: Employers considered competitors of the Board.
    Estimated number of respondents: FR 29a, 35; FR 29b, 10.
    Estimated average hours per response: FR 29a, 6 hours; FR 29b, 1 
hour.
    Estimated annual burden hours: FR 29a, 210 hours; FR 29b, 50 hours.
    General description of report: The FR 29a and FR 29b collect 
information on salaries, employee compensation policies, and other 
employee programs from employers that are considered competitors of the 
Board. The data from the surveys primarily are used to determine the 
appropriate salary structure and salary adjustments for Board 
employees. The Board, along with other Financial Institutions Reform, 
Recovery and Enforcement Act of 1989 (FIRREA) agencies,\1\ conduct the 
FR 29a survey jointly. The FR 29b is collected by the Board only.
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    \1\ For purposes of this proposal, the FIRREA agencies consist 
of the Federal Reserve Board, the Office of the Comptroller of the 
Currency, the Federal Deposit Insurance Corporation, the National 
Credit Union Administration, the Commodity Futures Trading 
Commission, the Farm Credit Administration, and the Securities and 
Exchange Commission.
---------------------------------------------------------------------------

    Legal authorization and confidentiality: The FR 29 is authorized by 
sections 10(4) and 11(1) of the Federal Reserve Act,\2\ which 
authorizes the Board to determine employees' compensation. Survey 
submissions are voluntary. The FR 29a survey is conducted by an outside 
consultant that only submits to the Board a report of aggregate data. 
Because the Board does not collect or have access to the individual 
respondent data, no confidentiality issue arises with respect to the 
individual responses to the FR 29a. Individual responses to the FR 29b 
may be kept confidential on a case-by-case basis. The Board will 
consider whether information collected through these surveys may be 
kept confidential under exemption 4 of the Freedom of Information Act 
(``FOIA''), which protects privileged or confidential commercial or 
financial information,\3\ exemption 6, which protects information ``the 
disclosure of which would constitute a clearly unwarranted invasion of 
personal privacy,'' \4\ or any other applicable FOIA exemption.
---------------------------------------------------------------------------

    \2\ 12 U.S.C. 244 and 248(l).
    \3\ 5 U.S.C. 552(b)(4).
    \4\ 5 U.S.C. 552(b)(6).
---------------------------------------------------------------------------

    Consultation outside the agency: Willis Towers Watson and the Board 
work together to review and update the survey instrument.

    Board of Governors of the Federal Reserve System, March 10, 
2020.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2020-05184 Filed 3-12-20; 8:45 am]
 BILLING CODE 6210-01-P