[Federal Register Volume 69, Number 186 (Monday, September 27, 2004)]
[Notices]
[Pages 57705-57706]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-21602]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collection to be submitted to OMB for 
review and approval under the Paperwork Reduction Act of 1995.

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SUMMARY: In accordance with requirements of the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.), the FDIC hereby gives notice that it 
plans to submit to the Office of Management and Budget (OMB) a request 
for OMB review and renewal of four information collections titled (1) 
Recordkeeping and Disclosure Requirements in Connection with Regulation 
Z (Truth in Lending); (2) Recordkeeping and Disclosure Requirements in 
Connection with Regulation M (Consumer Leasing); (3) Recordkeeping and 
Disclosure Requirements in Connection with Regulation E (Electronic 
Fund Transfers), and (4) Recordkeeping and Disclosure Requirements in 
Connection with Regulation B (Equal Credit Opportunity).

COMMENTS: Comments on this collection of information are welcome and 
should be submitted on or before October 27, 2004, to both the OMB 
reviewer and the FDIC contact listed below.

ADDRESSES: Interested parties are invited to submit written comments to 
Thomas Nixon, Legal Division, Federal Deposit Insurance Corporation, 
550 17th Street, NW., Washington, DC 20429. 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. 
Comments should also be submitted to the OMB desk officer for the FDIC: 
Mark Menchik, Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503.

SUPPLEMENTARY INFORMATION:
    1. Title: Recordkeeping and Disclosure Requirements in Connection 
with Regulation Z (Truth in Lending).
    OMB Number: 3064-0082.
    Frequency of Response: On occasion.
    Affected Public: State nonmember banks that regularly offer or 
extend consumer credit.
    General Description of Collection: Regulation Z (12 CFR part 226), 
issued by the Board of Governors of the Federal Reserve System, 
prescribes uniform methods of computing the cost of credit, disclosure 
of credit terms, and procedures for resolving billing errors on certain 
credit accounts. Regulation Z requires disclosures of the costs and 
terms of credit to consumers.
    Estimated Number of Respondents: 4,941.
    Estimated Annual Burden: 2,373,600 hours.
    2. Title: Recordkeeping and Disclosure Requirements in Connection 
with Regulation M (Consumer Leasing).
    OMB Number: 3064-0083.
    Frequency of Response: On occasion.
    Affected Public: State nonmember banks engaging in consumer 
leasing.
    General Description of Collection: Regulation M (12 CFR part 213), 
issued by the Board of Governors of the Federal Reserve System, 
implements the

[[Page 57706]]

consumer leasing provisions of the Truth in Lending Act. Regulation M 
provides consumers with disclosures about the costs and terms of leases 
for personal property.
    Estimated Number of Respondents: 1,755.
    Total Annual Burden: 131,625 hours.
    3. Title: Recordkeeping and Disclosure Requirements in Connection 
with Regulation E (Electronic Fund Transfers).
    OMB Number: 3064-0084.
    Frequency of Response: On occasion.
    Affected Public: State nonmember banks offering electronic fund 
transfer services.
    General Description of Collection: Regulation E (12 CFR part 205), 
issued by the Board of Governors of the Federal Reserve System, 
establishes the rights, liabilities, and responsibilities of consumers 
who use electronic fund transfer services and of financial institutions 
that offer these services. Regulation E requires disclosure of basic 
terms, costs, and rights relating to electronic fund transfer services 
to consumers.
    Estimated Number of Respondents: 5,318.
    Total Annual Burden: 531,357 hours.
    4. Title: Recordkeeping and Disclosure Requirements in Connection 
with Regulation B (Equal Credit Opportunity).
    OMB Number: 3064-0085.
    Frequency of Response: On occasion.
    Affected Public: State nonmember banks engaging in credit 
transactions.
    General Description of Collection: Regulation B (12 CFR part 202), 
issued by the Board of Governors of the Federal Reserve System, 
prohibits creditors from discriminating against applicants on any of 
the bases specified by the Equal Credit Opportunity Act, establishes 
guidelines for gathering and evaluating credit information, and 
requires disclosures and recordkeeping requirements to implement those 
prohibitions.
    Estimated Number of Respondents: 5,318.
    Total Annual Burden: 717,642 hours.

    Dated: September 20, 2004.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 04-21602 Filed 9-24-04; 8:45 am]
BILLING CODE 6714-01-P