[Federal Register Volume 71, Number 155 (Friday, August 11, 2006)]
[Notices]
[Pages 46228-46229]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-13150]


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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 collections 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 approval of the information collection systems 
identified below:
    1. Certification of Eligibility Under the Affordable Housing 
Program (3064-0116);
    2. Notice Regarding Unauthorized Access to Customer Information 
(3064-0145);
    3. Mutual-to-Stock Conversions of State Savings Banks (3064-0117);
    4. Privacy of Consumer Financial Information (3064-0136); and
    5. Applicant Background Questionnaire (3064-0138).

DATES: Comments must be submitted on or before September 11, 2006.

ADDRESSES: Interested parties are invited to submit written comments by 
any of the following methods. All comments should refer to the name and 
number of the collection:
     http://www.FDIC.gov/regulations/laws/federal/propose.html.
     E-mail: [email protected]. Include the name and number of 
the collection in the subject line of the message.
     Mail: Steve Hanft (202-898-3907), Paperwork Control 
Officer, Federal Deposit Insurance Corporation, 550 17th Street, NW., 
Washington, DC 20429.
     Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 550 17th Street Building (located on F 
Street), on business days between 7 a.m. and 5 p.m.
    A copy of the comments may also be submitted to the OMB Desk 
Officer for the FDIC, Office of Information and Regulatory Affairs, 
Office of Management and Budget, New Executive Office Building, 
Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Steve Hanft, at the address identified 
above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently 
approved collections of information:
    1. Title: Certification of Eligibility Under the Affordable Housing 
Program.
    OMB Number: 3064-0116.
    Form Number: None.
    Frequency of Response: On occasion.
    Affected Public: Individuals wishing to purchase affordable housing 
properties from the FDIC.
    Estimated Number of Respondents: 12.
    Estimated Time per Response:1 hour.
    Total Annual Burden: 12 hours.
    General Description of Collection: This collection of information 
certifies income eligibility under the affordable housing program. The 
certification assists the FDIC in determining an individual(s 
eligibility for purchasing affordable housing properties from the FDIC.

    2. Title: Notice Regarding Unauthorized Access to Customer 
Information.
    OMB Number: 3064-0145.
    Form Number: None.
    Frequency of Response: On occasion.
    Affected Public: Insured state nonmember banks.
     Number of Respondents: 5,200.
     Estimated Time per Response:
    Developing notices: 24 hrs. x 5,200 = 124,800 hours.
     Notifying customers: 29 hrs. x 91 = 2,639 hours.

     Total Estimated Annual Burden: 127,439 hours.

    General Description of Collection: This collection reflects the 
FDIC's expectations regarding a response program that financial 
institutions should develop to address unauthorized access to or use of 
customer information that could result in substantial harm or 
inconvenience to a customer. The information collections require 
financial institutions to: (1) Develop notices to customers; and (2) in 
certain circumstances, determine which customers should receive the 
notices and send the notices to customers.

    3. Title: Mutual-to-Stock Conversions of State Savings Banks.
    OMB Number: 3064-0117.
    Form Number: None.
    Frequency of Response: On occasion.
    Affected Public: Insured state chartered savings banks that are not 
members of the Federal Reserve System proposing to convert from mutual 
to stock form of ownership.
    Estimated Number of Respondents: 10.
    Estimated Time per Response: 50 hours.
    Total Annual Burden: 500 hours.
    General Description of Collection: 12 CFR 303.161 and 333.4 require 
state savings banks that are not members of the Federal Reserve System 
to file with the FDIC a notice of intent to convert to stock form and 
provide copies of documents filed with State and Federal banking and or 
securities regulators in connection with the proposed conversion.

    4. Title: Privacy of Consumer Financial Information.
    OMB Number: 3064-0136.
    Form Number: None.
    Frequency of Response: On occasion.
    Affected Public: Insured state nonmember banks; consumers of 
financial services.
    Estimated annual number of institution respondents: Initial notice, 
208; annual notice and change in terms, 5,138; opt-out notice, 873.

[[Page 46229]]

    Estimated average time per response per institution: Initial 
notice, 80 hours; annual notice and change in terms, 8 hours; opt-out 
notice, 8 hours.
     Subtotal, annual burden hours for institutions: 64,728 hours.
    Estimated annual number of consumer respondents: 223,475.
    Estimated average time per consumer response: 30 minutes.
     Subtotal, annual burden hours for consumers: 111,738.
    Total annual burden: 176,466 hours.
    General Description of Collection: The elements of this information 
collection are required under section 504 of the Gramm-Leach-Bliley 
Act, Public Law 106-102. The collection mandates notice requirements 
and restrictions on a financial institution's ability to disclose 
nonpublic personal information about consumers to nonaffiliated third 
parties. The collection also includes the filing of notices by 
consumers with their financial institutions.

    5. Title: Applicant Background Questionnaire.
    OMB Number: 3064-0138.
    Form Number: FDIC 2100/14.
    Frequency of Response: On occasion.
    Affected Public: FDIC job applicants who are not current FDIC 
employees.
    Estimated Number of Respondents: 10,000.
    Estimated Time per Response: 3 minutes.
    Total Annual Burden: 500 hours.
    General Description of Collection: The FDIC Applicant Background 
Questionnaire is completed voluntarily by FDIC job applicants who are 
not current FDIC employees. Responses to questions on the survey 
provide information on gender, age, disability, race/national origin, 
and to the applicant's source of vacancy announcement information. The 
FDIC uses the data to evaluate the effectiveness of various recruitment 
methods, and to ensure that the agency meets workforce diversity 
objectives.

Request for Comment

    Comments are invited on: (a) Whether these collections of 
information are 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 
collections, including the validity of the methodology and assumptions 
used; (c) ways to enhance the quality, utility, and clarity of the 
information to be collected; (d) ways to minimize the burden of the 
information collections on respondents, including through the use of 
automated collection techniques or other forms of information 
technology; and (e) estimates of capital or start up costs and costs of 
operation, maintenance, and purchase of services to provide the 
information.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the 
collections 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, August 8, 2006.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. E6-13150 Filed 8-10-06; 8:45 am]
BILLING CODE 6714-01-P