[Federal Register Volume 61, Number 147 (Tuesday, July 30, 1996)]
[Notices]
[Pages 39691-39692]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-19288]


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DEPARTMENT OF THE TREASURY
Office of Thrift Supervision


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Office of Thrift Supervision, Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Department of the Treasury, 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 proposed and/or continuing information collections, as required by 
the Paperwork Reduction Act of 1995. Currently, the Office of Thrift 
Supervision within the Department of the Treasury is soliciting 
comments concerning the information collections entitled ``Application 
for Permission to Organize a Federal Association,'' ``Branch Offices,'' 
``Application for Conversion from State Chartered Institution to 
Federally Chartered Institution,'' ``Change of Control Notices,'' and 
``Trust Powers Application.''

DATES: Written comments should be received on or before September 30, 
1996 to be assured of consideration.

ADDRESSES: Send comments to Manager, Dissemination Branch, Records 
Management and Information Policy, Office of Thrift Supervision, 1700 G 
Street, NW., Washington, DC 20552, Attention 15500. These submissions 
may be hand delivered to 1700 G Street, NW., from 9:00 a.m. to 5:00 
p.m. on business days; they may be sent by facsimile transmission to 
FAX Number (202) 906-7755. Comments over 25 pages in length should be 
sent to FAX Number (202) 906-6956. Comments will be available for 
inspection at 1700 G Street, NW., from 9:00 a.m. until 4:00 p.m. on 
business days.
    Copies of the Form(s) with instructions are available for 
inspection at 1700 G Street, NW., from 9:00 a.m. until 4:00 p.m. on 
business days or from PubliFax, OTS' Fax-on-Demand system, at (202) 
906-5660.
    Requests for additional information should be directed to Pamela 
Schaar, Corporate Activities Division, Supervision, Office of Thrift 
Supervision, 1700 G Street, NW., Washington, DC 20552, (202) 906-7205.

FOR FURTHER INFORMATION CONTACT: Pamela Schaar, Corporate Activities 
Division, Supervision, Office of Thrift Supervision, 1700 G Street, 
NW., Washington, DC 20552, (202) 906-7205.

SUPPLEMENTARY INFORMATION:

    Title: Application for Permission to Organize a Federal 
Association.
    OMB Number: 1550-0005.
Form Number: OTS Forms 138, 138E, 138F, 1393, and 1606.
Abstract: The information provided to OTS on Forms 138, 138E, 138F, 
1393, and 1606 is evaluated by the OTS staff to determine whether 
requests by groups requesting permission to organize a new Federal 
association comply with applicable Federal laws, OTS regulations and 
policy.
    Current Actions: OTS is proposing to renew this information 
collection without revision.
    Type of Review: Renewal.
    Affected Public: Business or for profit.
    Estimated Number of Respondents: 3.
    Estimated Time Per Respondent: 110 hours.
    Estimated Total Annual Burden Hours: 330 hours.

    Title: Branch Offices.
    OMB Number: 1550-0006.
    Form Number: OTS Form 1450.
    Abstract: 12 CFR 545.92 requires Federally-chartered institutions 
proposing to establish a branch office or to change the location of a 
branch office to file an application or notice with the OTS. Section 
228 of the Federal Deposit Insurance Corporation Improvement Act 
requires insured thrifts to adopt a policy with respect to branch 
closings and to provide notice to OTS of any decisions to close a 
branch office.
    Current Actions: OTS is proposing to renew this information 
collection without revision.
    Type of Review: Renewal.
    Affected Public: Business or for profit.
    Estimated Number of Respondents: 1,248.
    Estimated Time Per Respondent: 1.4 hours average.
    Estminated Total Reporting Burden: 1,747 hours.
    Estimated Number of Recordkeepers: 1,421.
    Estimated Annual Burden Per Recordkeeper: 8 hours.
    Estimated Total Recordkeeping Burden: 11,368 hours.
    Estimated Total Annual Burden Hours: 13,115 hours.
    Title: Application for Conversion from State-Chartered to Federally 
Chartered Institution.
    OMB Number: 1550-0007.
    Form Number: OTS Form 1582.
    Abstract: Section 5(i) of the Home Owners' Loan Act and 12 CFR 
543.8 and 552.2 required that OTS act on requests by state chartered 
institution to convert to Federal charter. OTS forms 159-E and 159-F 
are used to evaluate the whether the conversion application satisfies 
the appropriate eligibility requirements for a Federal Charter and 
whether the institutions will operate in accordance with OTS 
regulations and policies subsequent to the conversion.
    Current Actions: OTS is proposing to renew this information 
collection without revision.
    Type of Review: Renewal.
    Affected Public: Business or For Profit.

[[Page 39692]]

    Estimated Number of Respondents: 40.
    Estimated Time Per Respondent: 4 hours.
    Estimated Total Annual Burden Hours: 160 hours.
    Title: Change of Control Notices.
    OMB Number: 1550-0032.
    Form Number: OTS Forms 1173, 1393, and 1606.
    Abstract: 12 CFR Part 574 contains the filing requirements for 
change of control applications. Section 1817(j) of the Federal Deposit 
Insurance Act requires a notice to be filed with the OTS when an 
insured institution undergoes a change of control. The completion of 
the OTS forms provide OTS with the information necessary to review and 
approval the change of control.
    Current Actions: OTS is proposing to renew this information 
collection without revision.
    Type of Review: Renewal.
    Affected Public: Business or For Profit.
    Estimated Number of Respondents: 53.
    Estimated Time Per Respondent: 116.8 hours average.
    Estimated Total Annual Burden Hours: 6,190 hours.

    Title: Trust Powers Application.
    OMB Number: 1550-0037.
    Form Number: OTS Form 1240.
    Abstract: 12 CFR 550.2 requires a Federal savings association 
proposing to exercise fiduciary powers to file an application 
indicating which trust services it wishes to offer and providing 
sufficient information for OTS to approve or deny the application.
    Current Actions: OTS is proposing to renew this information 
collection without revision.
    Type of Review: Renewal.
    Affected Public: Business or For Profit.
    Estimated Number of Respondents: 13.
    Estimated Time Per Respondent: 9 hours.
    Estimated Total Annual Burden Hours: 117 hours.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information shall have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the collection of information; (c) 
ways to enhance the quality; and (d) ways to minimize the burden of the 
collection of information on respondents, including the use of 
automated collection techniques or other forms of information 
technology.

    Dated: July 22, 1996.
Catherine C.M. Teti,
Director, Records Management and Information Policy.
[FR Doc. 96-19288 Filed 7-29-96; 8:45 am]
BILLING CODE 6720-01-P