[Federal Register Volume 90, Number 40 (Monday, March 3, 2025)]
[Notices]
[Pages 11050-11051]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-03384]


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FEDERAL DEPOSIT INSURANCE CORPORATION

[OMB No. 3064-0121]


Agency Information Collection Activities: Proposed Collection 
Renewal; Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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SUMMARY: The FDIC, as part of its obligations under the Paperwork 
Reduction Act of 1995, invites the general public and other Federal 
agencies to take this opportunity to comment on the request to renew 
the existing information collection described below (OMB Control No. 
3064-0121). The notice of proposed renewal for this information 
collection was previously published in the Federal Register on December 
9, 2024, allowing for a 60-day comment period.

DATES: Comments must be submitted on or before April 2, 2025.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     Agency Website: https://www.fdic.gov/resources/regulations/federal-register-publications/.
     Email: [email protected]. Include the name and number of 
the collection in the subject line of the message.
     Mail: Manny Cabeza (202-898-3767), Regulatory Counsel, MB-
3128, 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 NW building (located on F Street 
NW), on business days between 7 a.m. and 5 p.m.
    Written comments and recommendations for the proposed information 
collection should be sent within 30 days of publication of this notice 
to www.reginfo.gov/public/do/PRAMain. Find this particular information 
collection by selecting ``Currently under 30-day Review--Open for 
Public Comments'' or by using the search function.

FOR FURTHER INFORMATION CONTACT:  Manny Cabeza, Regulatory Counsel, 
202-898-3767, [email protected], MB-3128, Federal Deposit Insurance 
Corporation, 550 17th Street NW, Washington, DC 20429.

SUPPLEMENTARY INFORMATION: 
    Proposal to renew the following currently approved collection of 
information:
    1. Title: Certification of Compliance with Mandatory Bars to 
Employment.
    OMB Number: 3064-0121.
    Form Number: 2120/16.
    Affected Public: Individuals seeking employment from the FDIC.
    Burden Estimate:

                             Summary of Estimated Annual Burden (OMB No. 3064-0121)
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                                 Type of burden                      Number of       Time per
  Information collection (IC)     (frequency of      Number of     responses per     response      Annual burden
    (obligation to respond)         response)       respondents     respondent        (HH:MM)         (hours)
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1. Form 2120/16, (Mandatory)..  Reporting                    866               1           00:10             144
                                 (Annual).
                                                 ---------------------------------------------------------------
    Total Annual Burden         ................  ..............  ..............  ..............             144
     (Hours).
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Source: FDIC.

    General Description of Collection: This information collection 
arises from the reporting requirements contained in 12 CFR part 336, 
subpart B, of the FDIC Rules and Regulations entitled ``Minimum 
Standards of Fitness for Employment with the Federal Deposit Insurance 
Corporation.'' This rule implements Section 19 of the Resolution Trust 
Corporation Completion Act, Public Law 103-204, by (among other things) 
prescribing a certification, with attachments in some cases, relating 
to job applicants' fitness and integrity. More specifically, the 
statute provides that the FDIC shall issue regulations implementing 
provisions that prohibit any person from becoming employed by the FDIC 
who has been convicted of any felony; has been removed from, or 
prohibited from participating in the affairs of, any insured depository 
institution pursuant to any final enforcement action by any appropriate 
federal banking agency; has demonstrated a pattern or practice of 
defalcation regarding obligations to insured depository institutions; 
or has caused a substantial loss to federal deposit insurance funds. 
This collection of information implements these mandatory bars to 
employment through a certification, signed by job applicants prior to 
an offer of employment using Form 2120/16. There is no change in the 
methodology or substance of this

[[Page 11051]]

information collection. The increase in total estimated annual burden 
from 88 hours in 2022 to 144 hours in this renewal is due to an 
increase in estimated number of respondents. We are renewing on the 
PRA-required 3-year renewal schedule despite the current Federal hiring 
freeze to ensure the FDIC can resume collecting this information from 
job applicants when the freeze is lifted.

Request for Comment

    Comments are invited on (a) whether the collection of information 
is 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 collection, 
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 collection 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.

Federal Deposit Insurance Corporation.

    Dated at Washington, DC, February 26, 2025.
Jennifer M. Jones,
Deputy Executive Secretary.
[FR Doc. 2025-03384 Filed 2-28-25; 8:45 am]
BILLING CODE 6714-01-P