[Federal Register Volume 70, Number 130 (Friday, July 8, 2005)]
[Notices]
[Pages 39556-39557]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-13403]


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

DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Submission for OMB Review; Comment Request--Management Official 
Interlocks

AGENCY: Office of Thrift Supervision (OTS), Treasury.

ACTION: Notice and request for comment.

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

SUMMARY: The proposed information collection requirement described 
below has been submitted to the Office of Management and Budget (OMB) 
for review, as required by the Paperwork Reduction Act of 1995. OTS is 
soliciting public comments on the proposal.

DATES: Submit written comments on or before August 8, 2005.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to OMB and OTS at these addresses: 
Mark D. Menchik, Office of Information and Regulatory Affairs, Office 
of Management and Budget, Room 10236, New Executive Office Building, 
Washington, DC 20503, or e-mail to [email protected]; and 
Information Collection Comments, Chief Counsel's Office, Office of 
Thrift Supervision, 1700 G Street, NW., Washington, DC 20552, by fax to 
(202)

[[Page 39557]]

906-6518, or by e-mail to [email protected]. OTS 
will post comments and the related index on the OTS Internet Site at 
http://www.ots.treas.gov. In addition, interested persons may inspect 
comments at the Public Reading Room, 1700 G Street, NW., by 
appointment. To make an appointment, call (202) 906-5922, send an e-
mail to [email protected], or send a facsimile transmission to 
(202) 906-7755.

FOR FURTHER INFORMATION CONTACT: To obtain a copy of the submission to 
OMB, contact Marilyn K. Burton at [email protected], (202) 
906-6467, or facsimile number (202) 906-6518, Regulations and 
Legislation Division, Chief Counsel's Office, Office of Thrift 
Supervision, 1700 G Street, NW., Washington, DC 20552.

SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an 
information collection, and respondents are not required to respond to 
an information collection, unless the information collection displays a 
currently valid OMB control number. As part of the approval process, we 
invite comments on the following information collection.
    Title of Proposal: Management Official Interlocks.
    OMB Number: 1550-0051.
    Form Number: N/A.
    Regulation requirement: 12 CFR part 563f.
    Description: OTS requires information to evaluate the merits of 
interlocks exemption applications. 12 CFR part 563f sets forth several 
interlocking relationships that are prohibited. Generally, a management 
official of a depository institution or depository holding company may 
not serve as a management official of an unaffiliated depository 
institution or depository holding company if the entities in question 
(or a depository institution affiliate thereof) have offices in the 
same community or metropolitan statistical area or are of a certain 
asset size. Notwithstanding these general prohibitions, Sec.  563f.4 
provides that prohibited interlocking relationships will not apply in 
certain circumstances.
    Type of Review: Reinstatement.
    Affected Public: Savings Associations.
    Estimated Number of Respondents: 3.
    Estimated Burden per Response: 4 hours.
    Estimated Frequency of Response: Event-generated.
    Estimated Total Burden: 12 hours.
    Clearance Officer: Marilyn K. Burton, (202) 906-6467, Office of 
Thrift Supervision, 1700 G Street, NW., Washington, DC 20552.
    OMB Reviewer: Mark D. Menchik, (202) 395-3176, Office of Management 
and Budget, Room 10236, New Executive Office Building, Washington, DC 
20503.

    Dated: June 30, 2005.

    By the Office of Thrift Supervision.
Richard M. Riccobono,
Acting Director.
[FR Doc. 05-13403 Filed 7-7-05; 8:45 am]
BILLING CODE 6720-01-P