[Federal Register Volume 76, Number 56 (Wednesday, March 23, 2011)]
[Notices]
[Pages 16477-16478]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-6753]
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DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
General Reporting and Recordkeeping by Savings Associations and
Savings and Loan Holding Companies
AGENCY: Office of Thrift Supervision (OTS), Treasury.
ACTION: Notice and request for comment.
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SUMMARY: The Department of the Treasury, as part of its continuing
effort to reduce paperwork and respondent burden, invites the general
public and other Federal agencies to comment on proposed and continuing
information collections, as required by the Paperwork Reduction Act of
1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the
Department of the Treasury will submit the proposed information
collection requirement described below to the Office of Management and
Budget (OMB) for review, as required by the Paperwork Reduction Act.
Today, OTS is soliciting public comments on its proposal to extend this
information collection.
DATES: Submit written comments on or before May 23, 2011.
ADDRESSES: Send comments, referring to the collection by title of the
proposal or by OMB approval number, to Information Collection Comments,
Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street,
NW., Washington, DC 20552; send a facsimile transmission to (202) 906-
6518; or send an e-mail to [email protected]. OTS
will post comments and the related
[[Page 16478]]
index on the OTS Internet Site at http://www.ots.treas.gov. In
addition, interested persons may inspect comments at the Public Reading
Room, 1700 G Street, NW., by appointment. To make an appointment, call
(202) 906-5922, send an e-mail to public.info@ots.treas.gov">public.info@ots.treas.gov, or send a
facsimile transmission to (202) 906-7755.
FOR FURTHER INFORMATION CONTACT: You can request additional information
about this proposed information collection from Josephine Battle on
(202) 906-6870, Office of Thrift Supervision, 1700 G Street, NW.,
Washington, DC 20552.
SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an
information collection, and respondents are not required to respond to
an information collection, unless the information collection displays a
currently valid OMB control number. As part of the approval process, we
invite comments on the following information collection.
Comments should address one or more of the following points:
a. Whether the proposed collection of information is necessary for
the proper performance of the functions of OTS;
b. The accuracy of OTS's estimate of the burden of the proposed
information collection;
c. Ways to enhance the quality, utility, and clarity of the
information to be collected;
d. Ways to minimize the burden of the information collection on
respondents, including through the use of information technology.
We will summarize the comments that we receive and include them in
the OTS request for OMB approval. All comments will become a matter of
public record. In this notice, OTS is soliciting comments concerning
the following information collection.
Title of Proposal: General Reporting and Recordkeeping by Savings
Associations and Savings and Loan Holding Companies.
OMB Number: 1550-0011.
Form Number: N/A.
Description: This information collection relates to reports and
records required by the following regulations: 12 CFR 552.11 (books and
records, federal stock associations), 12 CFR 545.96(c) (agency business
records, federal stock associations), 12 CFR 544.8 (communications
between members of a federal mutual savings association), 12 CFR 562.1
(regulatory reporting requirements, each savings association and its
affiliates), 12 CFR 563.1 (chartering documents, each savings
association), 12 CFR 563.47(e) (pension plans, each savings association
or service corporation), 12 CFR 572.6(b) (standard flood hazard
determination form, each savings association), 12 CFR 562.4 (audit of
savings association, savings and loan holding company, or affiliate),
12 CFR 563.76(c) (offers and sales of securities of a savings
association or its affiliates in any office of the savings
association), 12 CFR 584.1(f) (books and records of each savings and
loan holding company), 12 CFR part 226 (Regulation Z, truth in
lending), 12 CFR part 202 (Regulation B, Equal Credit Opportunity Act),
12 CFR part 205 (Regulation E, electronic fund transfers), and 12 CFR
part 213 (Regulation M, consumer leasing).
Savings associations use the reports and records that the
regulations require for internal management control purposes and
examiners use them to determine whether savings associations are being
operated safely, soundly, and in compliance with regulations. An
absence of the reporting and record keeping requirements would not
allow for prudent internal controls or for examiners to determine the
accurate performance and condition of savings associations.
Specifically, OTS examiners use the reports and record keeping
requirements to determine whether the savings associations are being
operated safely, soundly, and in compliance with regulations.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit.
Estimated Number of Respondents: 741.
Estimated Frequency of Response: On occasion and annually.
Estimated Total Burden: 3,623,349 hours.
Dated: March 17, 2011.
Ira L. Mills,
Paperwork Clearance Officer, Office of Chief Counsel, Office of Thrift
Supervision.
[FR Doc. 2011-6753 Filed 3-22-11; 8:45 am]
BILLING CODE 6720-01-P