[Federal Register Volume 67, Number 169 (Friday, August 30, 2002)]
[Notices]
[Pages 55842-55843]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-22281]


=======================================================================
-----------------------------------------------------------------------

FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection; 
Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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

SUMMARY: 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 proposed and/or 
continuing information collections, as required by the Paperwork 
Reduction Act of 1995 (44 U.S.C. chapter 35).

[[Page 55843]]

Currently, the FDIC is soliciting comments concerning the following 
collections of information titled: (1) Interagency Biographical and 
Financial Report; (2) Suspicious Activity Report; and (3) External 
Audits.

DATES: Comments must be submitted on or before October 29, 2002.

ADDRESSES: Interested parties are invited to submit written comments to 
Tamara R. Manly, Management Analyst (Consumer and Compliance Unit), 
(202) 898-7453, Legal Division, Room MB-3109, Attention: Comments/
Legal, Federal Deposit Insurance Corporation, 550 17th Street NW., 
Washington, DC 20429. All comments should refer to the OMB control 
number. Comments may be hand-delivered to the guard station at the rear 
of the 17th Street Building (located on F Street), on business days 
between 7 a.m. and 5 p.m. [FAX number (202) 898-3838; Internet address: 
comments @ fdic.gov].
    A copy of the comments may also be submitted to the OMB desk 
officer for the FDIC: Joseph Lackey, Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 10236, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Tamara R. Manly, at the address 
identified above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently 
approved collections of information:
    1. Title: Interagency Biographical and Financial Report.
    OMB Number: 3064-0006.
    Frequency of Response: On occasion.
    Affected Public: All financial institutions.
    Estimated Number of Respondents: 2,040.
    Estimated Time per Response: 4 hours.
    Total Annual Burden: 8,160 hours.
    General Description of Collection: The Interagency Biographical and 
Financial Report is submitted to the FDIC by each individual director 
or officer of a proposed or operating financial institution applying 
for federal deposit insurance as a state nonmember bank. The 
information is used by the FDIC to evaluate the general character of 
bank management as required by the Federal Deposit Insurance Act.
    2. Title: Suspicious Activity Report.
    OMB Number: 3064-0077.
    Form Number: 6710/06.
    Frequency of Response: On occasion.
    Affected Public: Business, for-profit institutions, and non-profit 
institutions.
    Estimated Number of Respondents: 6,500.
    Estimated Time per Response: .60 hours.
    Total Annual Burden: 3,900 hours.
    General Description of Collection: Part 353 of the FDIC's rules and 
regulations requires insured nonmember banks to report to the 
appropriate investigatory and prosecuting authorities and to the FDIC, 
on a prescribed form, criminal violations of the U.S. Code that involve 
or affect the banks' affairs.
    3. Title: External Audits.
    OMB Number: 3064-0113.
    Frequency of Response: On occasion.
    Affected Public: All financial institutions.
    Estimated Number of Responses (insured institutions with assets of 
$500 million or more and insured institutions with assets less than 
$500 million): 17,694.
    Estimated Time per Response: insured institutions with assets of 
$500 million or more--32 hours ; insured institutions with assets less 
than $500 million--3/4 hours.
    Total Annual Burden: 44,430 hours.
    General Description of Collection: Section 36 of the Federal 
Deposit Insurance Act imposes auditing and reporting requirements on 
insured depository institutions which have total assets of $500 million 
or more. An interagency policy statement extended those requirements on 
a voluntary basis to institutions with less than $500 million.

Request for Comment

    Comments are invited on: (a) Whether the collection of information 
is necessary for the proper performance of the FDIC's functions, 
including whether the information has practical utility; (b) the 
accuracy of the estimates of the burden of the 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; and (d) ways to minimize the burden of the information 
collection on respondents, including through the use of automated 
collection techniques or other forms of information technology.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the 
collection should be modified prior to submission to OMB for review and 
approval. Comments submitted in response to this notice also will be 
summarized or included in the FDIC's requests to OMB for renewal of 
these collections. All comments will become a matter of public record.

    Dated at Washington, DC, this 27th day of August, 2002.
    Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 02-22281 Filed 8-29-02; 8:45 am]
BILLING CODE 6714-01-P