Federal Deposit Insurance Corporation February 2008 – Federal Register Recent Federal Regulation Documents

Agency Information Collection Activities: Proposed Information Collection; Comment Request
Document Number: E8-3377
Type: Notice
Date: 2008-02-25
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
In accordance with the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35), an agency 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 FDIC is contemplating establishing a generic information collection to conduct occasional qualitative surveys in support of Alliance for Economic Inclusion (AEI) initiatives. The subject matter of the surveys would be determined by individual AEI regional area needs and areas of interest, but likely would include such topics as financial literacy education, asset building programs, retail banking services, and alternative financial services delivery channels. Survey respondents would typically include AEI coalition member financial institutions, but may also include non-AEI member financial institutions in regional areas served by AEIs. Depending on local needs, other organizations could also be surveyed as well.
Statement of Policy on Bank Merger Transactions
Document Number: E8-2885
Type: Notice
Date: 2008-02-15
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The FDIC is amending its Statement of Policy on Bank Merger Transactions (``Statement of Policy'') in order to conform it to the Bank Merger Act, as amended by the Financial Services Regulatory Relief Act of 2006 (``FSRRA''). The FSRRA (i) eliminated the need for the FDIC to obtain a competitive factors report from the other three Federal banking agencies in processing a merger application and (ii) eliminated both the post-approval waiting period and the need to obtain any competitive factors reports, when the merger solely involves an insured depository institution and one or more affiliates. In addition, the FDIC is amending its Statement of Policy in order to remove any discussion of ``Oakar Transactions'' since the Federal Deposit Insurance Reform Act of 2005 consolidated the former Savings Association Insurance Fund (``SAIF'') and the former Bank Insurance Fund (``BIF'') into the Deposit Insurance Fund. Finally, the FDIC is amending its Statement of Policy in order to conform the description of the factors to be considered in evaluating a merger more closely to the language of the Bank Merger Act, and for other technical reasons.
Notice of Agency Meeting
Document Number: E8-2340
Type: Notice
Date: 2008-02-08
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Agency Information Collection Activities: Proposed Collection; Comment Request
Document Number: E8-1994
Type: Notice
Date: 2008-02-05
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
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 continuing information collections, as required by the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is soliciting comments concerning the following collection of information titled: Notice of Branch Closure (3064-0109).
Agency Information Collection Activities: Submission for OMB Review; Joint Comment Request
Document Number: E8-2024
Type: Notice
Date: 2008-02-04
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions, Federal Reserve System, Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury, Office of Thrift Supervision, Comptroller of the Currency
In accordance with the requirements of the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35), the OCC, the Board, the FDIC, and the OTS (the ``agencies'') 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. On September 11, 2007, the agencies, under the auspices of the Federal Financial Institutions Examination Council (FFIEC), requested public comment for 60 days on a proposal to extend, with revision, the Consolidated Reports of Condition and Income (Call Report) for banks and the Thrift Financial Report (TFR) for savings associations, which are currently approved collections of information that are collected quarterly. After considering the comments, the FFIEC and the agencies have modified some of the proposed changes, which will be implemented March 31, 2008, as proposed, but with the reporting of certain proposed new items optional for this initial report date.