[Federal Register Volume 65, Number 220 (Tuesday, November 14, 2000)]
[Notices]
[Page 68171]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-29042]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Proposed Agency Information Collection Activities; Comment 
Request

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 comment on proposed and continuing 
information collections, as required by the Paperwork Reduction Act of 
1995, Public Law 104-13. Today, the Office of Thrift Supervision within 
the Department of the Treasury solicits comments on Loans to Executive 
Officers, Directors, and Principal Shareholders of Savings 
Associations.

DATES: Submit written comments on or before January 16, 2001.

ADDRESSES:   
    Mail: Send comments to Manager, Dissemination Branch, Information 
Management and Services Division, Office of Thrift Supervision, 1700 G 
Street, NW., Washington, DC 20552, Attention 1550-0075.
    Delivery: Hand deliver comments to the Guard's Desk, East Lobby 
Entrance, 1700 G Street, NW., from 9 a.m. to 4 p.m. on business days, 
Attention 1550-0075.
    Facsimiles: Send facsimile transmissions to FAX Number (202) 906-
7755, Attention 1550-0075; or (202) 906-6956 (if comments are over 25 
pages).
    E-Mail: Send e-mails to ``public.info@ots.treas.gov">public.info@ots.treas.gov'', Attention 
1550-0075, and include your name and telephone number.
    Public Inspection: Interested persons may inspect comments at the 
Public Reference Room, 1700 G St. NW., from 10 a.m. until 4 p.m. on 
Tuesdays and Thursdays or obtain comments and/or an index of comments 
by facsimile by telephoning the Public Reference Room at (202) 906-5900 
from 9 a.m. until 5 p.m. on business days. Comments and the related 
index will also be posted on the OTS Internet Site at 
``www.OTS.treas.gov''.

FOR FURTHER INFORMATION CONTACT: Donna M. Deale, Supervision, Office of 
Thrift Supervision, 1700 G Street, NW., Washington, DC 20552, (202) 
906-7488.

SUPPLEMENTARY INFORMATION:
    Title: Loans to Executive Officers, Directors, and Principal 
Shareholders of Savings Associations.
    OMB Number: 1550-0075.
    Form Number: Not applicable.
    Abstract: The regulation requires savings associations to maintain 
detailed records of their extensions of credit to executive officers, 
directors, and principal shareholders. The regulation also requires 
that savings associations report to the OTS all loans to executives and 
disclose the amount of its extensions of credit following a written 
request from the public. Indebtedness to correspondent banks must also 
be disclosed to the board of directors and made available for OTS 
review during examinations.
    Current Actions: OTS proposes to renew this information collection 
without revision.
    Type of Review: Renewal.
    Affected Public: Business or For Profit.
    Estimated Number of Respondents: 1,084.
    Estimated Time Per Respondent: 11 hours per response.
    Estimated Total Annual Burden Hours: 11,924 hours.
    Request for Comments: The OTS will summarize comments submitted in 
response to this notice or will include these comments in its request 
for OMB approval. All comments will become a matter of public record. 
The OTS invites comment 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; (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; and (e) estimates of capital or starting costs and costs of 
operation, maintenance, and purchase of services to provide 
information.

    Dated: November 7, 2000.
John E. Werner,
Director, Information & Management Services Division.
[FR Doc. 00-29042 Filed 11-13-00; 8:45 am]
BILLING CODE 6720-01-P