[Federal Register Volume 87, Number 205 (Tuesday, October 25, 2022)]
[Notices]
[Pages 64540-64541]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-23116]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Information Collection Activities: Information Collection 
Renewal; Submission for OMB Review; General Reporting and Recordkeeping 
Requirements by Savings Associations

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comment.

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

SUMMARY: The OCC, as part of its continuing effort to reduce paperwork 
and respondent burden, invites comment on a continuing information 
collection as required by the Paperwork Reduction Act of 1995 (PRA). An 
agency may not conduct or sponsor, and a respondent is not required to 
respond to, an information collection unless it displays a currently 
valid Office of Management and Budget (OMB) control number. The OCC is 
soliciting comment concerning renewal of its information collection 
titled ``General Reporting and Recordkeeping Requirements by Savings 
Associations.'' The OCC also is giving notice that it has sent the 
collection to OMB for review.

DATES: Comments must be submitted on or before November 25, 2022.

ADDRESSES: Commenters are encouraged to submit comments by email, if 
possible. You may submit comments by any of the following methods:
     Email: [email protected].
     Mail: Chief Counsel's Office, Attention: Comment 
Processing, 1557-0266, Office of the Comptroller of the Currency, 400 
7th Street SW, Suite 3E-218, Washington, DC 20219.
     Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218, 
Washington, DC 20219.
     Fax: (571) 293-4835.
    Instructions: You must include ``OCC'' as the agency name and 
``1557-0266'' in your comment. In general, the OCC will publish 
comments on www.reginfo.gov without change, including any business or 
personal information provided, such as name and address information, 
email addresses, or phone numbers. Comments received, including 
attachments and other supporting materials, are part of the public 
record and subject to public disclosure. Do not include any information 
in your comment or supporting materials that you consider confidential 
or inappropriate for public disclosure.
    Written comments and recommendations for the proposed information 
collection should also be sent within 30 days of publication of this 
notice to www.reginfo.gov/public/do/PRAMain. You can find this 
particular information collection by selecting ``Currently under 30-day 
Review--Open for Public Comments'' or by using the search function.
    On April 21, 2022, the OCC published a 60-day notice for this 
information collection, 87 FR 23916. You may review comments and other 
related materials that pertain to this information collection following 
the close of the 30-day comment period for this notice by the method 
set forth in the next bullet.
     Viewing Comments Electronically: Go to www.reginfo.gov. 
Hover over the ``Information Collection Review'' tab and click on 
``Information Collection

[[Page 64541]]

Review'' from the drop-down menu. From the ``Currently under Review'' 
drop-down menu, select ``Department of Treasury'' and then click 
``submit.'' This information collection can be located by searching by 
OMB control number ``1557-0266'' or ``General Reporting and 
Recordkeeping Requirements by Savings Associations.'' Upon finding the 
appropriate information collection, click on the related ``ICR 
Reference Number.'' On the next screen, select ``View Supporting 
Statement and Other Documents'' and then click on the link to any 
comment listed at the bottom of the screen.
     For assistance in navigating www.reginfo.gov, please 
contact the Regulatory Information Service Center at (202) 482-7340.

FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC Clearance 
Officer, (202) 649-5490, Chief Counsel's Office, Office of the 
Comptroller of the Currency, 400 7th Street SW, Washington, DC 20219. 
If you are deaf, hard of hearing, or have a speech disability, please 
dial 7-1-1 to access telecommunications relay services.

SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501 et seq.), 
Federal agencies must obtain approval from the OMB for each collection 
of information that they conduct or sponsor. ``Collection of 
information'' is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to 
include agency requests or requirements that members of the public 
submit reports, keep records, or disclose information to a third party. 
The OCC asks that OMB extend its approval of the collection in this 
notice.
    Title: General Reporting and Recordkeeping Requirements by Savings 
Associations.
    OMB Control No.: 1557-0266.
    Type of Review: Regular review.
    Abstract: Federal savings associations must comply with the 
following regulations, which require them to establish prudent internal 
controls, so that examiners will have an accurate picture of the 
savings assocations' performance and condition:
     12 CFR 144.8 (communications between members of a Federal 
mutual savings association);
     12 CFR 163.47(e) (pension plans--records); and
     12 CFR 163.76(c) (offers and sales of securities at an 
office of a Federal savings association--form of certification).
    Federal savings associations use the required reports and records 
for internal management control purposes, and examiners use them to 
determine whether savings associations are being operated safely, 
soundly, and in compliance with regulations. Without these reporting 
and recordkeeping requirements, it would be difficult for Federal 
savings associations to establish prudent internal controls and would 
limit the ability of examiners to determine the accurate performance 
and condition of Federal savings associations.
    Affected Public: Businesses or other for-profit.
    Burden Estimates:
    Estimated Number of Respondents: 266.
    Estimated Total Burden: 26,833 hours.
    Frequency of Response: On occasion.
    Comments: On April 21, 2022, the OCC published a 60-day notice for 
this information collection, 87 FR 23916. No comments were received. 
Comments continue to be invited on:
    (a) Whether the collections of information are necessary for the 
proper performance of the OCC's functions, including whether the 
information has practical utility;
    (b) The accuracy of the OCC's 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 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 information.

Patrick T. Tierney,
Assistant Director, Bank Advisory, Office of the Comptroller of the 
Currency.
[FR Doc. 2022-23116 Filed 10-24-22; 8:45 am]
BILLING CODE 4810-33-P