[Federal Register Volume 71, Number 180 (Monday, September 18, 2006)]
[Notices]
[Pages 54656-54657]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-15366]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request; 3064-0095

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 
is submitting to the Office of Management and Budget (OMB) a request 
for OMB review and approval of the renewal of the information 
collection system described below.

DATES: Comments must be submitted on or before October 18, 2006.

ADDRESSES: Interested parties are invited to submit written comments on 
the collection of information entitled: ``Procedures for Monitoring 
Bank Protection Act Compliance'' (3064-0095); All comments should refer 
to the name and number of the collection. Comments may be submitted by 
any of the following methods:
     http://www.FDIC.gov/regulations/laws/federal/notices.html.
     E-mail: [email protected]. Include the name and number of 
the collection in the subject line of the message.
     Mail: Gary A. Kuiper (202.898.3877), Counsel, Federal 
Deposit Insurance Corporation, Suite 3130, 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, Room 
10235, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Gary A. Kuiper, at the address 
identified above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently 
approved collection of information:
    Title: Procedures for Monitoring Bank Protection Act Compliance.
    OMB Number: 3064-0095.
    Form Number: None.
    Frequency of Response: On occasion.
    Affected Public: Insured state nonmember banks.
    Estimated Number of Respondents: 5,250.
    Estimated Time per Response: 0.5 hours.
    Total Annual Burden: 2,625 hours.
    General Description of Collection: The Bank Protection Act of 1968 
(12 U.S.C. 1881-1884) requires each Federal supervisory agency to 
promulgate rules establishing minimum standards for security devices 
and procedures to discourage financial crime and to assist in the 
identification of persons who commit such crimes. To avoid the 
necessity of constantly updating a technology-based regulation, the 
FDIC takes a flexible approach to implementing this statute. It 
requires each insured nonmember bank to designate a security officer 
who will administer a written security program. The security program 
shall: (1) Establish procedures for opening and closing for business 
and for safekeeping valuables; (2) establish procedures that will 
assist in identifying persons committing crimes against the bank; (3) 
provide for initial and periodic training of employees in their 
responsibilities under the security program; and (4) provide for 
selecting, testing, operating and maintaining security devices as 
prescribed in the regulation. In addition, the FDIC requires the 
security officer to report at least annually to the bank's board of 
directors on the effectiveness of the security program.

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 estimate 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; and (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. All comments will become a matter of public record.

    Dated at Washington, DC, this 6th day of September, 2006.


[[Page 54657]]


Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
 [FR Doc. E6-15366 Filed 9-15-06; 8:45 am]
BILLING CODE 6714-01-P