80 FR 62073 - Agency Information Collection Activities: Submission of Renewals for OMB Review; Comment Request (3064-0090, -0111, -0136, -0138 & -0171)

FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 80, Issue 199 (October 15, 2015)

Page Range		62073-62074
FR Document		2015-26237

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. On July 10, 2015, (80 FR 39777), the FDIC requested comment for 60 days on a proposal to renew the information collections listed below. No comments were received. The FDIC hereby gives notice of its plan to submit to OMB a request to approve the renewal of these information collections, and again invites comment on these renewals.

Federal Register, Volume 80 Issue 199 (Thursday, October 15, 2015)

[Federal Register Volume 80, Number 199 (Thursday, October 15, 2015)]
[Notices]
[Pages 62073-62074]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-26237]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission of Renewals 
for OMB Review; Comment Request (3064-0090, -0111, -0136, -0138 & -
0171)

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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

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. On July 10, 2015, (80 FR 39777), the FDIC requested comment for 
60 days on a proposal to renew the information collections listed 
below. No comments were received. The FDIC hereby gives notice of its 
plan to submit to OMB a request to approve the renewal of these 
information collections, and again invites comment on these renewals.

DATES: Comments must be submitted on or before November 16, 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 MB-3016, 
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 at [email protected].

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: 4,015.
    Estimated Time per Response: 0.5
    Total Annual Burden: 2,008 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. 
The collection 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

[[Page 62074]]

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:

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 9th day of October, 2015.

Federal Deposit Insurance Corporation.
Ralph E. Frable,
Assistant Executive Secretary.
[FR Doc. 2015-26237 Filed 10-14-15; 8:45 am]
BILLING CODE 6714-01-P

Federal Register / Vol. 80, No. 199 / Thursday, October 15, 2015 / Notices 62073

be filed with the committee before or 550 17th Street NW., Washington, DC investments that are permissible for
after the meeting. This ComE–IN 20429. national banks. In addition, the statute
meeting will be Webcast live via the • Hand Delivery: Comments may be prohibits an insured state bank from
Internet at: https:// hand-delivered to the guard station at directly engaging, as a principal, in any
fdic.primetime.mediaplatform.com/#/ the rear of the 17th Street Building activity that is not permissible for a
channel/1384299229422/ (located on F Street), on business days national bank, or indirectly through a
Advisory+Committee+on+Economic between 7:00 a.m. and 5:00 p.m. subsidiary in an activity that is not
+Inclusion. Questions or All comments should refer to the permissible for a subsidiary of a
troubleshooting help can be found at the relevant OMB control number. A copy national bank, unless such bank meets
same link. For optimal viewing, a high of the comments may also be submitted its minimum capital requirements and
speed internet connection is to the OMB desk officer for the FDIC: the FDIC determines that the activity
recommended. The ComE–IN meeting Office of Information and Regulatory does not pose significant risk to the
videos are made available on-demand Affairs, Office of Management and Deposit Insurance Fund. The FDIC can
approximately two weeks after the Budget, New Executive Office Building, make such a determination for
event. Washington, DC 20503. exception by regulation or by order. The
Dated: October 9, 2015. FOR FURTHER INFORMATION CONTACT: Gary FDIC’s implementing regulation for
Federal Deposit Insurance Corporation. A. Kuiper at gkuiper@fdic.gov. section 24 is 12 CFR part 362. This
Robert E. Feldman, SUPPLEMENTARY INFORMATION: Proposal regulation details the activities that
Executive Secretary, Federal Deposit to renew the following currently- insured state nonmember banks or their
Insurance Corporation. approved collections of information: subsidiaries may engage in, under
[FR Doc. 2015–26224 Filed 10–14–15; 8:45 am] 1. Title: Public Disclosure by Banks. certain criteria and conditions, and
OMB Number: 3064–0090. identifies the information that banks
BILLING CODE 6714–01–P
Affected Public: Insured state must furnish to the FDIC in order to
nonmember banks. obtain the FDIC’s approval or
FEDERAL DEPOSIT INSURANCE Frequency of Response: Annually. nonobjection.
CORPORATION Estimated Number of Respondents: 3. Title: Privacy of Consumer
4,015. Financial Information.
Agency Information Collection Estimated Time per Response: 0.5 OMB Number: 3064–0136.
Activities: Submission of Renewals for Total Annual Burden: 2,008 hours. Form Numbers: None.
OMB Review; Comment Request Frequency of Response: On occasion.
General Description: 12 CFR part 350
(3064–0090, –0111, –0136, –0138 & Affected Public: Insured state
requires a bank to notify the general
–0171) nonmember banks and consumers.
public, and in some instances Estimated Number of Respondents:
shareholders, that financial disclosure Initial notice, 208; annual notice and
AGENCY: Federal Deposit Insurance
statements are available by request. change in terms 4,084; opt-out notice,
Corporation (FDIC).
Required disclosures consist of financial 866; consumer opt-out/status update,
ACTION: Notice and request for comment. reports for the current and preceding 212,432.
SUMMARY: The FDIC, as part of its year, which can be photocopied directly Estimated Number of Responses:
continuing effort to reduce paperwork from the year-end call reports. The FDIC 217,590.
and respondent burden, invites the may also require, on a case-by-case Total Annual Burden: 162,456 hours.
general public and other Federal basis, that descriptions of enforcement General Description: The elements of
agencies to take this opportunity to actions be included in disclosure this collection are required under
comment on the renewal of existing statements. This regulation allows, but section 504 of the Gramm-Leach-Bliley
information collections, as required by does not require, the inclusion of Act, Public Law 106–102. The collection
the Paperwork Reduction Act of 1995. management discussion and analysis. mandates notice requirements and
2. Title: Activities and Investments of restrictions on a financial institution’s
On July 10, 2015, (80 FR 39777), the
Insured State Banks. ability to disclose nonpublic personal
FDIC requested comment for 60 days on
OMB Number: 3064–0111. information about consumers to
a proposal to renew the information
Form Numbers: None. nonaffiliated third parties.
collections listed below. No comments
Frequency of Response: On occasion. 4. Title: Applicant Background
were received. The FDIC hereby gives
Affected Public: Insured state Questionnaire.
notice of its plan to submit to OMB a
nonmember banks. OMB Number: 3064–0138.
request to approve the renewal of these
Estimated Number of Respondents: Form Number: FDIC 2100/14.
information collections, and again
110. Frequency of Response: On occasion.
invites comment on these renewals.
Estimated Time per Response: 8 Affected Public: FDIC job applicants
DATES: Comments must be submitted on hours. who are not current FDIC employees.
or before November 16, 2015. Total Annual Burden: 880 hours. Estimated Number of Respondents:
ADDRESSES: Interested parties are General Description: Section 24 of the 30,000.
invited to submit written comments to Federal Deposit Insurance Act (FDI Act), Estimated Time per Response: 3
the FDIC by any of the following 12 U.S.C. 1831a, limits investments and minutes.
methods: other activities in which state banks Total Annual Burden: 1,500 hours.
• http://www.FDIC.gov/regulations/
mstockstill on DSK4VPTVN1PROD with NOTICES

may engage as principal to those General Description: The FDIC
laws/federal/. permissible for national banks and those Applicant Background Questionnaire is
• Email: comments@fdic.gov. Include approved by the FDIC under procedures voluntarily completed by prospective
the name and number of the collection set forth in part 362 of the FDIC’s Rules FDIC job applicants who are not current
in the subject line of the message. and Regulations, 12 CFR part 362. With employees. Responses to survey
• Mail: Gary A. Kuiper certain exceptions, section 24 of the FDI questions provide information regarding
(202.898.3877), Counsel MB–3016, Act limits the direct equity investments gender, age, disability, race, and
Federal Deposit Insurance Corporation, of state chartered banks to equity national origin. Additional survey

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62074 Federal Register / Vol. 80, No. 199 / Thursday, October 15, 2015 / Notices

questions address the applicant’s source E. Financial Institution Information the accuracy of the estimates of the
of vacancy announcement information. Reporting to Registry burden of the collections of information,
Data is used by the FDIC Office of Affected Public: FDIC-supervised including the validity of the
Minority and Women Inclusion and the institutions. methodology and assumptions used; (c)
FDIC Human Resources Branch to Estimated Number of Respondents: ways to enhance the quality, utility, and
evaluate the efficacy of various FDIC 4,080. clarity of the information to be
recruitment methods used to ensure that Frequency of Response: Annually. collected; and (d) ways to minimize the
the agency meets workforce diversity Estimated Time per Response: 15 burden of the collections of information
objectives. minutes. on respondents, including through the
5. Title: Registration of Mortgage Loan Estimated Annual Burden: 1,020 use of automated collection techniques
Originators. hours. or other forms of information
OMB Number: 3064–0171. technology. All comments will become
F. Financial Institution Procedures for a matter of public record.
Total Estimated Annual Burden:
the Collection of Employee Mortgage
608,867, which is comprised of: Dated at Washington, DC, this 9th day of
Loan Originator’s Fingerprints
October, 2015.
A. Financial Institution Policies and Affected Public: FDIC-supervised Federal Deposit Insurance Corporation.
Procedures for Ensuring Employee- institutions.
Mortgage Loan Originator Compliance Ralph E. Frable,
Estimated Number of Respondents: Assistant Executive Secretary.
With S.A.F.E. Act Requirements 4,080.
Affected Public Frequency of Response: Annually.
[FR Doc. 2015–26237 Filed 10–14–15; 8:45 am]
BILLING CODE 6714–01–P
Affected Public: FDIC-supervised Estimated Time per Response: 4
institutions. hours.
Estimated Number of Respondents: Estimated Annual Burden: 16,320
hours. FEDERAL MARITIME COMMISSION
4,080.
Frequency of Response: Annually. G. Mortgage Loan Originator Initial and [Docket No. 15–10]
Estimated Time per Response: 20 Annual Renewal Registration Reporting
hours. Revocation of License No. 017843,
and Authorization Requirements
Washington Movers, Inc.; Order To
Estimated Annual Burden: 81,600 Affected Public: Employee Mortgage Show Cause
hours. Loan Originators.
B. Financial Institution Procedures to Estimated Number of Respondents: AGENCY: Federal Maritime Commission.
Track and Monitor Compliance With 59,592. DATES: The Order to Show Cause was
S.A.F.E. Act Frequency of Response: Annually. served October 8, 2015.
Estimated Time per Response: 15 ACTION: Notice of Order to show cause.
Estimated Number of Respondents: minutes.
4,080. Estimated Annual Burden: 14,898 Authority: 46 U.S.C. 41312 & 40903.
Frequency of Response: Annually. hours.
Estimated Time per Response: 60 SUPPLEMENTARY INFORMATION: On
hours. H. Mortgage Loan Originator October 8, the Commission issued an
Registration Updates Upon Change in Order to Washington Movers, Inc. to
Estimated Annual Burden: 244,800
Circumstances show cause why its ocean transportation
hours.
Affected Public: Employee Mortgage intermediary license, FMC No. 017843,
C. Financial Institution Procedures for Loan Originators. should not be revoked as a result of the
the Collection and Maintenance of Estimated Number of Respondents: felony convictions of its owner,
Employee Mortgage Loan Originators 29,646. President and Qualifying Individual, the
Criminal History Background Reports Frequency of Response: On occasion. failure to report material changes in fact,
Affected Public: FDIC-supervised Estimated Time per Response: 15 and the failure to obtain prior approval
institutions. minutes. for a change in corporate name,
Estimated Annual Burden: 7,412 rendering such licensee no longer
Estimated Number of Respondents:
hours. qualified to provide ocean
4,080.
transportation intermediary services.
Frequency of Response: Annually. I. Mortgage Loan Originator Procedures The Order may be viewed in its
Estimated Time per Response: 20 for Disclosure to Consumers of Unique entirety at http://www.fmc.gov/15-10.
hours. Identifier
Estimated Annual Burden: 81,600 Karen V. Gregory,
Affected Public: Employee Mortgage Secretary.
hours. Loan Originators.
[FR Doc. 2015–26171 Filed 10–14–15; 8:45 am]
D. Financial Institution Procedures for Estimated Number of Respondents:
BILLING CODE 6731–AA–P
Public Disclosure of Mortgage Loan 59,292.
Originator’s Unique Identifier Frequency of Response: Annually.
Estimated Time per Response: 1 hour.
Affected Public: FDIC-supervised FEDERAL MARITIME COMMISSION
Estimated Annual Burden: 59,292
institutions.
mstockstill on DSK4VPTVN1PROD with NOTICES

hours. Notice of Agreement Filed
Estimated Number of Respondents:
4,080. Request for Comment The Commission hereby gives notice
Frequency of Response: Annually. Comments are invited on: (a) Whether of the filing of the following agreement
Estimated Time per Response: 25 the collections of information are under the Shipping Act of 1984.
hours. necessary for the proper performance of Interested parties may submit comments
Estimated Annual Burden: 102,000 the FDIC’s functions, including whether on the agreement to the Secretary,
hours. the information has practical utility; (b) Federal Maritime Commission,

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Document Created: 2018-02-27 08:52:26
Document Modified: 2018-02-27 08:52:26

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 November 16, 2015.
Contact		Gary A. Kuiper at [email protected]
FR Citation		80 FR 62073