80 FR 39777 - Agency Information Collection Activities: Proposed Collection Renewals; Comment Request (3064-0090, 3064-0111, 3064-0136, 3064-0138 & 3064-0171)

FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 80, Issue 132 (July 10, 2015)

Page Range		39777-39778
FR Document		2015-16910
The FDIC, as part of its continuing effort to reduce paperwork 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 the renewal of the information collections described below.
Federal Register, Volume 80 Issue 132 (Friday, July 10, 2015)
[Federal Register Volume 80, Number 132 (Friday, July 10, 2015)]
[Notices]
[Pages 39777-39778]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-16910]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection 
Renewals; Comment Request (3064-0090, 3064-0111, 3064-0136, 3064-0138 & 
3064-0171)

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 
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 the renewal of the 
information collections described below.

DATES: Comments must be submitted on or before September 8, 2015.

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/.
     Email: [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, John W. 
Popeo (202.898.6923), Counsel MB-3007, 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: Gary A. Kuiper or John W. Popeo, at 
the FDIC address above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently-
approved collections of information:
    1. Title: Public Disclosure by Banks.
    OMB Number: 3064-0090.
    Affected Public: Insured state nonmember banks.
    Frequency of Response: Annually.
    Estimated Number of Respondents: 4,084.
    Estimated Time per Response: 0.5
    Total Annual Burden: 2,042 hours.
    General Description: 12 CFR part 350 requires a bank to notify the 
general public, and in some instances shareholders, that financial 
disclosure statements are available by request. Required disclosures 
consist of financial reports for the current and preceding year, which 
can be photocopied directly from the year-end call reports. The FDIC 
may also require, on a case-by-case basis, that descriptions of 
enforcement actions be included in disclosure statements. This 
regulation allows, but does not require, the inclusion of management 
discussion and analysis.
    2. Title: Activities and Investments of Insured State Banks.
    OMB Number: 3064-0111.
    Form Numbers: None.
    Frequency of Response: On occasion.
    Affected Public: Insured state nonmember banks.
    Estimated Number of Respondents: 110.
    Estimated Time per Response: 8 hours.
    Total Annual Burden: 880 hours.
    General Description: Section 24 of the Federal Deposit Insurance 
Act (FDI Act), 12 U.S.C. 1831a, limits investments and other activities 
in which state banks may engage as principal to those permissible for 
national banks and those approved by the FDIC under procedures set 
forth in Part 362 of the FDIC's Rules and Regulations, 12 CFR part 362. 
With certain exceptions, section 24 of the FDI Act limits the direct 
equity investments of state chartered banks to equity investments that 
are permissible for national banks. In addition, the statute prohibits 
an insured state bank from directly engaging, as a principal, in any 
activity that is not permissible for a national bank, or indirectly 
through a subsidiary in an activity that is not permissible for a 
subsidiary of a national bank, unless such bank meets its minimum 
capital requirements and the FDIC determines that the activity does not 
pose significant risk to the Deposit Insurance Fund. The FDIC can make 
such a determination for exception by regulation or by order. The 
FDIC's implementing regulation for section 24 is 12 CFR part 362. This 
regulation details the activities that insured state nonmember banks or 
their subsidiaries may engage in, under certain criteria and 
conditions, and identifies the information that banks must furnish to 
the FDIC in order to obtain the FDIC's approval or nonobjection.
    3. Title: Privacy of Consumer Financial Information.
    OMB Number: 3064-0136.
    Form Numbers: None.
    Frequency of Response: On occasion.
    Affected Public: Insured state nonmember banks and consumers.
    Estimated Number of Respondents: Initial notice, 208; annual notice 
and change in terms 4,084; opt-out notice, 866; consumer opt-out/status 
update, 212,432.
    Estimated Number of Responses: 217,590.
    Total Annual Burden: 162,456 hours.
    General Description: The elements of this collection are required 
under section 504 of the Gramm-Leach-Bliley Act, Public Law 106-102. 
Thecollection mandates notice requirements and restrictions on a 
financial institution's ability to disclose nonpublic personal 
information about consumers to nonaffiliated third parties.
    4. Title: Applicant Background Questionnaire.
    OMB Number: 3064-0138.
    Form Number: FDIC 2100/14.
    Frequency of Response: On occasion.
    Affected Public: FDIC job applicants who are not current FDIC 
employees.
    Estimated Number of Respondents: 30,000.
    Estimated Time per Response: 3 minutes.
    Total Annual Burden: 1,500 hours.
    General Description: The FDIC Applicant Background Questionnaire is 
voluntarily completed by prospective FDIC job applicants who are not 
current employees. Responses to survey questions provide information 
regarding gender, age, disability, race, and national origin. 
Additional survey questions address the applicant's source of vacancy 
announcement information. Data is used by the FDIC Office of Minority 
and Women Inclusion and the FDIC Human Resources Branch to evaluate the 
efficacy of various FDIC recruitment methods used to ensure that the 
agency meets workforce diversity objectives.
    5. Title: Registration of Mortgage Loan Originators.
    OMB Number: 3064-0171.
    Total Estimated Annual Burden: 608,867, which is comprised of:


[[Page 39778]]


A. Financial Institution Policies and Procedures for Ensuring Employee-
Mortgage Loan Originator Compliance with S.A.F.E. Act Requirements 
Affected Public.
    Affected Public: FDIC-supervised institutions.
    Estimated Number of Respondents: 4,080.
    Frequency of Response: Annually.
    Estimated Time per Response: 20 hours.
    Estimated Annual Burden: 81,600 hours.
B. Financial Institution Procedures to Track and Monitor Compliance 
with S.A.F.E. Act.
    Estimated Number of Respondents: 4,080.
    Frequency of Response: Annually.
    Estimated Time per Response: 60 hours.
    Estimated Annual Burden: 244,800 hours.
C. Financial Institution Procedures for the Collection and Maintenance 
of Employee Mortgage Loan Originators Criminal History Background 
Reports.
    Affected Public: FDIC-supervised institutions.
    Estimated Number of Respondents: 4,080.
    Frequency of Response: Annually.
    Estimated Time per Response: 20 hours.
    Estimated Annual Burden: 81,600 hours.
D. Financial Institution Procedures for Public Disclosure of Mortgage 
Loan Originator's Unique Identifier.
    Affected Public: FDIC-supervised institutions.
    Estimated Number of Respondents: 4,080.
    Frequency of Response: Annually.
    Estimated Time per Response: 25 hours.
    Estimated Annual Burden: 102,000 hours.
E. Financial Institution Information Reporting to Registry.
    Affected Public: FDIC-supervised institutions.
    Estimated Number of Respondents: 4,080.
    Frequency of Response: Annually.
    Estimated Time per Response: 15 minutes.
    Estimated Annual Burden: 1,020 hours.
F. Financial Institution Procedures for the Collection of Employee 
Mortgage Loan Originator's Fingerprints.
    Affected Public: FDIC-supervised institutions.
    Estimated Number of Respondents: 4,080.
    Frequency of Response: Annually.
    Estimated Time per Response: 4 hours.
    Estimated Annual Burden: 16,320 hours.
G. Mortgage Loan Originator Initial and Annual Renewal Registration 
Reporting and Authorization Requirements.
    Affected Public: Employee Mortgage Loan Originators.
    Estimated Number of Respondents: 59,592.
    Frequency of Response: Annually.
    Estimated Time per Response: 15 minutes.
    Estimated Annual Burden: 14,898 hours.
H. Mortgage Loan Originator Registration Updates Upon Change in 
Circumstances.
    Affected Public: Employee Mortgage Loan Originators.
    Estimated Number of Respondents: 29,646.
    Frequency of Response: On occasion.
    Estimated Time per Response: 15 minutes.
    Estimated Annual Burden: 7,412 hours.
I. Mortgage Loan Originator Procedures for Disclosure to Consumers of 
Unique Identifier.
    Affected Public: Employee Mortgage Loan Originators.
    Estimated Number of Respondents: 59,292.
    Frequency of Response: Annually.
    Estimated Time per Response: 1 hour.
    Estimated Annual Burden: 59,292 hours.

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 collections of 
information, 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 7th day of July 2015.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015-16910 Filed 7-9-15; 8:45 am]
 BILLING CODE 6714-01-P
Federal Register / Vol. 80, No. 132 / Friday, July 10, 2015 / Notices 39777

needed by the Commission because DBS FOR FURTHER INFORMATION CONTACT: Gary exception by regulation or by order. The
providers make up the majority of their A. Kuiper or John W. Popeo, at the FDIC FDIC’s implementing regulation for
universe of respondents. Since this is address above. section 24 is 12 CFR part 362. This
the case, OMB approval is still need for SUPPLEMENTARY INFORMATION: Proposal regulation details the activities that
this collection. to renew the following currently- insured state nonmember banks or their
Federal Communications Commission. approved collections of information: subsidiaries may engage in, under
Marlene H. Dortch, 1. Title: Public Disclosure by Banks. certain criteria and conditions, and
OMB Number: 3064–0090. identifies the information that banks
Secretary, Office of the Secretary.
Affected Public: Insured state must furnish to the FDIC in order to
[FR Doc. 2015–16853 Filed 7–9–15; 8:45 am]
nonmember banks. obtain the FDIC’s approval or
BILLING CODE 6712–01–P nonobjection.
Frequency of Response: Annually.
Estimated Number of Respondents: 3. Title: Privacy of Consumer
4,084. Financial Information.
FEDERAL DEPOSIT INSURANCE Estimated Time per Response: 0.5 OMB Number: 3064–0136.
CORPORATION Total Annual Burden: 2,042 hours. Form Numbers: None.
General Description: 12 CFR part 350 Frequency of Response: On occasion.
Agency Information Collection requires a bank to notify the general Affected Public: Insured state
Activities: Proposed Collection public, and in some instances nonmember banks and consumers.
Renewals; Comment Request (3064– shareholders, that financial disclosure Estimated Number of Respondents:
0090, 3064–0111, 3064–0136, 3064– statements are available by request. Initial notice, 208; annual notice and
0138 & 3064–0171) Required disclosures consist of financial change in terms 4,084; opt-out notice,
reports for the current and preceding 866; consumer opt-out/status update,
AGENCY: Federal Deposit Insurance 212,432.
year, which can be photocopied directly
Corporation (FDIC). Estimated Number of Responses:
from the year-end call reports. The FDIC
ACTION: Notice and request for comment. 217,590.
may also require, on a case-by-case
Total Annual Burden: 162,456 hours.
SUMMARY: The FDIC, as part of its basis, that descriptions of enforcement General Description: The elements of
continuing effort to reduce paperwork actions be included in disclosure this collection are required under
and respondent burden, invites the statements. This regulation allows, but section 504 of the Gramm-Leach-Bliley
general public and other Federal does not require, the inclusion of Act, Public Law 106–102. Thecollection
agencies to take this opportunity to management discussion and analysis. mandates notice requirements and
comment on the renewal of existing 2. Title: Activities and Investments of restrictions on a financial institution’s
information collections, as required by Insured State Banks. ability to disclose nonpublic personal
the Paperwork Reduction Act of 1995. OMB Number: 3064–0111. information about consumers to
Currently, the FDIC is soliciting Form Numbers: None. nonaffiliated third parties.
comment on the renewal of the Frequency of Response: On occasion. 4. Title: Applicant Background
information collections described Affected Public: Insured state Questionnaire.
below. nonmember banks. OMB Number: 3064–0138.
Estimated Number of Respondents: Form Number: FDIC 2100/14.
DATES: Comments must be submitted on 110. Frequency of Response: On occasion.
or before September 8, 2015. Estimated Time per Response: 8 Affected Public: FDIC job applicants
ADDRESSES: Interested parties are hours. who are not current FDIC employees.
invited to submit written comments to Total Annual Burden: 880 hours. Estimated Number of Respondents:
the FDIC by any of the following General Description: Section 24 of the 30,000.
methods: Federal Deposit Insurance Act (FDI Act), Estimated Time per Response: 3
• http://www.FDIC.gov/regulations/ 12 U.S.C. 1831a, limits investments and minutes.
laws/federal/. other activities in which state banks Total Annual Burden: 1,500 hours.
• Email: comments@fdic.gov. Include may engage as principal to those General Description: The FDIC
the name and number of the collection permissible for national banks and those Applicant Background Questionnaire is
in the subject line of the message. approved by the FDIC under procedures voluntarily completed by prospective
• Mail: Gary A. Kuiper set forth in Part 362 of the FDIC’s Rules FDIC job applicants who are not current
(202.898.3877), Counsel, John W. Popeo and Regulations, 12 CFR part 362. With employees. Responses to survey
(202.898.6923), Counsel MB–3007, certain exceptions, section 24 of the FDI questions provide information regarding
Federal Deposit Insurance Corporation, Act limits the direct equity investments gender, age, disability, race, and
550 17th Street NW., Washington, DC of state chartered banks to equity national origin. Additional survey
20429. investments that are permissible for questions address the applicant’s source
• Hand Delivery: Comments may be national banks. In addition, the statute of vacancy announcement information.
hand-delivered to the guard station at prohibits an insured state bank from Data is used by the FDIC Office of
the rear of the 17th Street Building directly engaging, as a principal, in any Minority and Women Inclusion and the
(located on F Street), on business days activity that is not permissible for a FDIC Human Resources Branch to
between 7:00 a.m. and 5:00 p.m. national bank, or indirectly through a evaluate the efficacy of various FDIC
mstockstill on DSK4VPTVN1PROD with NOTICES

All comments should refer to the subsidiary in an activity that is not recruitment methods used to ensure that
relevant OMB control number. A copy permissible for a subsidiary of a the agency meets workforce diversity
of the comments may also be submitted national bank, unless such bank meets objectives.
to the OMB desk officer for the FDIC: its minimum capital requirements and 5. Title: Registration of Mortgage Loan
Office of Information and Regulatory the FDIC determines that the activity Originators.
Affairs, Office of Management and does not pose significant risk to the OMB Number: 3064–0171.
Budget, New Executive Office Building, Deposit Insurance Fund. The FDIC can Total Estimated Annual Burden:
Washington, DC 20503. make such a determination for 608,867, which is comprised of:

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39778 Federal Register / Vol. 80, No. 132 / Friday, July 10, 2015 / Notices

A. Financial Institution Policies and Frequency of Response: Annually. FEDERAL RESERVE SYSTEM
Procedures for Ensuring Employee- Estimated Time per Response: 4
Mortgage Loan Originator hours. Agency Information Collection
Compliance with S.A.F.E. Act Estimated Annual Burden: 16,320 Activities: Notice; Amendment
Requirements Affected Public. hours.
Affected Public: FDIC-supervised G. Mortgage Loan Originator Initial and AGENCY: Board of Governors of the
institutions. Annual Renewal Registration Federal Reserve System.
Estimated Number of Respondents: Reporting and Authorization
4,080. Requirements. SUMMARY: On June 29, 2015, the Board
Frequency of Response: Annually. Affected Public: Employee Mortgage published a notice of final approval of
Estimated Time per Response: 20 Loan Originators. proposed information collections by the
hours. Estimated Number of Respondents: Board of Governors of the Federal
Estimated Annual Burden: 81,600 59,592. Reserve System (Board) under OMB
hours. Frequency of Response: Annually. delegated authority. The Board did not
B. Financial Institution Procedures to Estimated Time per Response: 15 include in the June 2015 notice
Track and Monitor Compliance minutes. information related to the public
with S.A.F.E. Act. Estimated Annual Burden: 14,898 comment period. Accordingly, this
Estimated Number of Respondents: hours. notice supplements the June 2015 notice
4,080. H. Mortgage Loan Originator providing information related to the
Frequency of Response: Annually. Registration Updates Upon Change public comment period for
Estimated Time per Response: 60 in Circumstances. transparency.
hours. Affected Public: Employee Mortgage
Estimated Annual Burden: 244,800 Loan Originators. FOR FURTHER INFORMATION CONTACT:
hours. Estimated Number of Respondents: Federal Reserve Board Clearance
C. Financial Institution Procedures for 29,646. Officer—Nuha Elmaghrabi—Office of
the Collection and Maintenance of Frequency of Response: On occasion. the Chief Data Officer, Board of
Employee Mortgage Loan Estimated Time per Response: 15 Governors of the Federal Reserve
Originators Criminal History minutes. System, Washington, DC 20551 (202)
Background Reports. Estimated Annual Burden: 7,412 452–3829. Telecommunications Device
Affected Public: FDIC-supervised hours. for the Deaf (TDD) users may contact
institutions. I. Mortgage Loan Originator Procedures (202) 263–4869, Board of Governors of
Estimated Number of Respondents: for Disclosure to Consumers of the Federal Reserve System,
4,080. Unique Identifier. Washington, DC 20551.
Frequency of Response: Annually. Affected Public: Employee Mortgage
Estimated Time per Response: 20 Loan Originators. SUPPLEMENTARY INFORMATION: The
hours. Estimated Number of Respondents: following information was not included
Estimated Annual Burden: 81,600 59,292. in the June 2015 notice.
hours. Frequency of Response: Annually. On April 14, 2015, the Federal
D. Financial Institution Procedures for Estimated Time per Response: 1 hour.
Public Disclosure of Mortgage Loan Reserve published a notice in the
Estimated Annual Burden: 59,292
Originator’s Unique Identifier. Federal Register (80 FR 19986)
hours.
Affected Public: FDIC-supervised requesting public comment for 60 days
institutions. Request for Comment on the extension, without revision, of
Estimated Number of Respondents: Comments are invited on: (a) Whether the Requirements Associated with
4,080. the collections of information are Changes in Foreign Investments (Made
Frequency of Response: Annually. necessary for the proper performance of Pursuant to Regulation K (FR 2064)),
Estimated Time per Response: 25 the FDIC’s functions, including whether Microeconomic Survey (FR 3051), and
hours. the information has practical utility; (b) Recordkeeping and Disclosure
Estimated Annual Burden: 102,000 the accuracy of the estimates of the Provisions associated with Stress
hours. burden of the collections of information, Testing Guidance. The comment period
E. Financial Institution Information including the validity of the for this notice expired on June 15, 2015.
Reporting to Registry. methodology and assumptions used; (c) The Federal Reserve did not receive any
Affected Public: FDIC-supervised ways to enhance the quality, utility, and comments.
institutions. clarity of the information to be
Estimated Number of Respondents: Board of Governors of the Federal Reserve
collected; and (d) ways to minimize the System, July 1, 2015.
4,080. burden of the collections of information
Frequency of Response: Annually. on respondents, including through the Robert de V. Frierson,
Estimated Time per Response: 15 use of automated collection techniques Secretary of the Board.
minutes. or other forms of information [FR Doc. 2015–16719 Filed 7–9–15; 8:45 am]
Estimated Annual Burden: 1,020 technology. All comments will become BILLING CODE 6210–01–P
hours. a matter of public record.
mstockstill on DSK4VPTVN1PROD with NOTICES

F. Financial Institution Procedures for
Dated at Washington, DC, this 7th day of
the Collection of Employee
July 2015.
Mortgage Loan Originator’s
Federal Deposit Insurance Corporation.
Fingerprints.
Affected Public: FDIC-supervised Robert E. Feldman,
institutions. Executive Secretary.
Estimated Number of Respondents: [FR Doc. 2015–16910 Filed 7–9–15; 8:45 am]
4,080. BILLING CODE 6714–01–P

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Document Created: 2018-02-23 09:15:22
Document Modified: 2018-02-23 09:15:22
Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice and request for comment.
Dates		Comments must be submitted on or before September 8, 2015.
Contact		Gary A. Kuiper or John W. Popeo, at
FR Citation		80 FR 39777