82 FR 39431 - Agency Information Collection Activities: Submission for OMB Review; Comment Request (3064-0015)

FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 82, Issue 159 (August 18, 2017)

The Federal Deposit Insurance Corporation (FDIC) will submit the following information collection request to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995. The proposed information collection was previously published in the Federal Register on May 31, 2017, allowing for a 60-day comment period.

[Federal Register Volume 82, Number 159 (Friday, August 18, 2017)]
[Notices]
[Pages 39431-39432]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-17465]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request (3064-0015)

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: 30-Day Notice and request for comment.

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SUMMARY: The Federal Deposit Insurance Corporation (FDIC) will submit 
the following information collection request to the Office of 
Management and Budget (OMB) for review and approval in accordance with 
the Paperwork Reduction Act of 1995. The proposed information 
collection was previously published in the Federal Register on May 31, 
2017, allowing for a 60-day comment period.

DATES: Comments are encouraged and will be accepted for an additional 
30 days until September 18, 2017.

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/notices.html.
     Email: [email protected]. Please include the name and OMB 
control number of the relevant information collection in the subject 
line of the message.
     Mail: Manny Cabeza, Counsel, Room 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. Written 
comments and/or suggestions can also be directed to the Office of 
Management and Budget, Office of Information and Regulatory Affairs, 
attention FDIC Desk Officer, New Executive Office Building, Washington 
DC 20503 or sent to [email protected].

FURTHER INFORMATION CONTACT: If you have additional comments, 
particularly with respect to the estimated public burden or associated 
response time,

[[Page 39432]]

have suggestions, need a copy of any proposed information collection 
instrument and instructions, or desire any other additional 
information, please contact Manny Cabeza, Counsel, FDIC Legal Division 
either by mail at Room MB-3007, Federal Deposit Insurance Corporation, 
550 17th Street NW., Washington, DC 20429; by email at 
[email protected]; or by telephone at (202) 898-3767.

SUPPLEMENTARY INFORMATION: Written comments and suggestions from the 
public and affected agencies concerning the proposed collection of 
information are encouraged. All comments received will become a matter 
of public record. Your comments should address one or more of the 
following four points:

--Evaluate whether the proposed collection of information is necessary 
for the proper performance of the functions of the agency, including 
whether the information has practical utility;
--Evaluate the accuracy of the agency's estimate of the burden of the 
proposed information collection, including the validity of the 
methodology and assumptions used;
--Evaluate whether and if so, how, the quality, utility, and clarity of 
the information to be collected can be enhanced; and
--Ways to minimize the burden of the information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology.

Overview of the Information Collection Request

    1. Title: Interagency Bank Merger Act Application.
    OMB Number: 3064-0015.
    Type: Extension, without change, of a currently approved 
collection.
    Form: Interagency Bank Merger Act Application.
    Affected Public: Individuals or households; business or other for 
profit; Insured state nonmember banks and state savings associations.
    Estimated Burden:

----------------------------------------------------------------------------------------------------------------
                                           Number of                                                   Total
                                            annual        Frequency of response      Hours per       estimated
                                          respondents                                response      annual hours
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Affiliated............................             134  On Occasion.............              18           2,412
Nonaffiliated.........................             162  On Occasion.............              30           4,860
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    Total.............................             296  ........................  ..............           7,272
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    General Description of Collection: The Interagency Bank Merger Act 
Application form is used by the Federal Deposit Insurance Corporation, 
the Board of Governors of the Federal Reserve System, and the 
Comptroller of the Currency for applications under section 18(c) of the 
Federal Deposit Insurance Act (FDIA), as amended (12 U.S.C. 1828(c)). 
The application is used for a merger, consolidation, or other combining 
transaction between nonaffiliated parties as well as to effect a 
corporate reorganization between affiliated parties (affiliate 
transaction). There is a different level of burden for each of the two 
types of merger transactions, nonaffiliated and affiliated. An 
affiliate transaction refers to a merger, consolidation, other 
combination, or transfer of any deposit liabilities, between depository 
institutions that are controlled by the same holding company. It 
includes a business combination between a depository institution and an 
affiliated interim institution. Applicants proposing affiliate 
transactions are required to provide less information than applicants 
involved in the merger of two unaffiliated entities. If depository 
institutions are not controlled by the same holding company, the merger 
transaction is considered nonaffiliated. There is no change in the 
method or substance of the collection. The estimated time to complete 
the application remains the same. The change in estimated annual burden 
is due solely to economic fluctuations that have resulted in an 
increase in the number of applications received annually.

    Dated at Washington, DC, this 15th day of August, 2017.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017-17465 Filed 8-17-17; 8:45 am]
BILLING CODE 6714-01-P