[Federal Register Volume 82, Number 26 (Thursday, February 9, 2017)]
[Notices]
[Pages 10004-10006]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-02634]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection 
Renewals; Comment Request (3064-0019, -0061, -0087 & -0143)

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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SUMMARY: The FDIC, as part of its continuing effort to reduce paperwork

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and respondent burden, invites the general public and other Federal 
agencies to take this opportunity to comment on the renewal of existing 
information collections, as required by the Paperwork Reduction Act of 
1995. Currently, the FDIC is soliciting comment on renewal of the 
information collections described below.

DATES: Comments must be submitted on or before April 10, 2017.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     http://www.FDIC.gov/regulations/laws/federal/notices.html.
     Email: [email protected]. Include the name and number of 
the collection in the subject line of the message.
     Mail: Jennifer Jones (202-898-6768), Counsel, MB-3105, 
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 17th Street Building (located on F Street), 
on business days between 7:00 a.m. and 5:00 p.m.
    All comments should refer to the relevant OMB control number. 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: Jennifer Jones, at the FDIC address 
above.

SUPPLEMENTARY INFORMATION: 
    Proposal to renew the following currently approved collections of 
information:
    1. Title: Interagency Notice of Change in Control.
    OMB Number: 3064-0019.
    Form Number: FDIC 6822/01.
    Affected Public: Insured state nonmember banks and state savings 
associations.
    Burden Estimate:

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                                                                            Estimated                                                      Total annual
                                                  Type of burden            number of    Estimated time       Frequency of response          estimated
                                                                           respondents    per response                                    burden (hours)
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Notice of Change in Control..............  Reporting...................              25              30  On Occasion....................             750
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    General Description of Collection: The Interagency Notice of Change 
in Control is submitted by any person proposing to acquire ownership 
control of an insured state nonmember bank. The information is used by 
the FDIC to determine whether the competence, experience, or integrity 
of any acquiring person indicates it would not be in the interest of 
the depositors of the bank, or in the public interest, to permit such 
persons to control the bank.
    2. Title: Foreign Banking and Investment by Insured State Nonmember 
Banks.
    OMB Number: 3064-0061.
    Form Number: Summary of Deposits.
    Affected Public: All FDIC-insured institutions, including insured 
U.S. branches of foreign banks.
    Burden Estimate:

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                                                                            Estimated                                                      Total annual
                                                  Type of burden            number of    Estimated time       Frequency of response          estimated
                                                                           respondents    per response                                    burden (hours)
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Summary of Deposits......................  Reporting...................           4,800               3  On Occasion....................          14,400
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    General Description of Collection: The Summary of Deposits (SOD) is 
the annual survey of branch office deposits as of June 30 for all FDIC-
insured institutions, including insured U.S. branches of foreign banks. 
All FDIC[hyphen]insured institutions that operate a main office and one 
or more branch locations (including limited service drive[hyphen]thru 
locations) as of June 30 each year are required to file the SOD Survey. 
Insured branches of foreign banks are also required to file. All data 
collected on the SOD submission are available to the public. The survey 
data provides a basis for measuring the competitive impact of bank 
mergers and has additional use in research on banking.
    3. Title: Procedures for Monitoring Bank Secrecy Act Compliance.
    OMB Number: 3064-0087.
    Form Number: None.
    Affected Public: Insured State Nonmember Banks and Savings 
Associations.
    Burden Estimate:

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                                                                          Estimated                                                        Total annual
                                                 Type of burden           number of    Estimated time        Frequency of response           estimated
                                                                         respondents    per response                                      burden (hours)
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Small Institutions......................  Recordkeeping..............           3,054              35  On Occasion......................         106,890
Medium Institutions.....................  Recordkeeping..............             748             250  On Occasion......................         187,000
Large Institutions......................  Recordkeeping..............              31             450  On Occasion......................          13,950
                                                                      ----------------------------------------------------------------------------------
    Total Estimated Burden..............  ...........................           3,833  ..............  .................................         307,840
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    General Description of Collection: Respondents must establish and 
maintain procedures designed to monitor and ensure their compliance 
with the requirements of the Bank Secrecy Act and the implementing 
regulations promulgated by the Department of Treasury at 31 CFR part 
103. Respondents must also provide training for appropriate personnel.
    4. Title: Forms Relating to Processing Deposit Insurance Claims.
    OMB Number: 3064-0143.
    Form Number: 7200/04--Declaration for Government Deposit; 7200/05--

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Declaration for Revocable Trust; 7200/06--Declaration of Independent 
Activity; 7200/07--Declaration of Independent Activity for 
Unincorporated Association; 7200/08--Declaration for Joint Ownership 
Deposit; 7200/09--Declaration for Testamentary Deposit; 7200/10--
Declaration for Defined Contribution Plan; 7200/11--Declaration for 
IRA/KEOGH Deposit; 7200/12--Declaration for Defined Benefit Plan; 7200/
13--Declaration of Custodian Deposit; 7200/14--Declaration or Health 
and Welfare Plan; 7200/15--Declaration for Plan and Trust; 7200/18--
Declaration for Irrevocable Trust; 7200/24--Claimant Verification; 
7200/26--Depositor Interview Form.
    Affected Public: Any person who has a deposit account relationship 
with an insured depository institution that has failed and from whom 
more information is needed to complete the deposit insurance 
determination.
    Burden Estimate:

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                                                                            Estimated    Estimated time                                    Total annual
                                                  Type of burden            number of     per response        Frequency of response          estimated
                                                                           respondents       (hours)                                      burden (hours)
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Combined Deposit Brokers and Individuals:
    7200/04--Declaration for Government    Reporting...................              14              .5  On Occasion....................               7
     Deposit.
    7200/05--Declaration for Revocable     Reporting...................             165              .5  On Occasion....................              83
     Trust.
    7200/06--Declaration of Independent    Reporting...................               0              .5  On Occasion....................               0
     Activity.
    7200/07--Declaration of Independent    Reporting...................               0              .5  On Occasion....................               0
     Activity for Unincorporated
     Association.
    7200/08--Declaration for Joint         Reporting...................               0              .5  On Occasion....................               0
     Ownership Deposit.
    7200/09--Declaration for Testamentary  Reporting...................              21              .5  On Occasion....................              11
     Deposit.
    7200/10--Declaration for Defined       Reporting...................               0               1  On Occasion....................               0
     Contribution Plan.
    7200/11--Declaration for IRA/KEOGH     Reporting...................               0              .5  On Occasion....................               0
     Deposit.
    7200/12--Declaration for Defined       Reporting...................               0               1  On Occasion....................               0
     Benefit Plan.
    7200/13--Declaration of Custodian      Reporting...................               0              .5  On Occasion....................               0
     Deposit.
    7200/14--Declaration or Health and     Reporting...................              12               1  On Occasion....................              12
     Welfare Plan.
    7200/15--Declaration for Plan and      Reporting...................               0              .5  On Occasion....................               0
     Trust.
    7200/18--Declaration for Irrevocable   Reporting...................               0              .5  On Occasion....................               0
     Trust.
    7200/24--Claimant Verification.......  Reporting...................             218              .5  On Occasion....................             109
    7200/26--Depositor Interview Form....  Reporting...................             198              .5  On Occasion....................              99
                                                                        --------------------------------------------------------------------------------
        Subtotal: Combined Brokers and     ............................             628  ..............  ...............................             320
         Individuals.
Deposit Brokers Only:
    Deposit Broker Submission Checklist..  Reporting...................             136             .08  On Occasion....................           11.33
    Diskette, following ``Broker Input     Reporting...................             102              .8  On Occasion....................            76.5
     File Requirements''--burden will
     vary depending on the broker's
     number of brokered accounts.
                                           Reporting...................              34               5  On Occasion....................             170
    Exhibit B, the standard agency         Reporting...................             136             .02  On Occasion....................            2.27
     agreement, or the non-standard
     agency agreement.
                                                                        --------------------------------------------------------------------------------
        Subtotal: Deposit Brokers Only...  ............................             136  ..............  ...............................          260.10
 
        Total Hourly Burden..............  ............................             764  ..............  ...............................          580.10
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    General Description of Collection: The collection involves forms 
used by the FDIC to obtain information from depositors and deposit 
brokers necessary to supplement the records of failed insured 
depository institutions to make determinations regarding deposit 
insurance coverage. The information provided enables the FDIC to 
identify the actual owners of an account, each owner's interest in the 
account, and the right and capacity in which the deposit is insured.

Request for Comment

    Comments are invited on: (a) Whether the 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; and (d) ways to minimize the burden of the collections of 
information 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 3rd day of February 2017.

Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2017-02634 Filed 2-8-17; 8:45 am]
 BILLING CODE 6714-01-P