Information Collection Activities: Information Collection Renewal; Comment Request; General Reporting and Recordkeeping Requirements by Savings Associations

Published date15 July 2019
Record Number2019-14939
SectionNotices
CourtThe Comptroller Of The Currency Office
Federal Register, Volume 84 Issue 135 (Monday, July 15, 2019)
[Federal Register Volume 84, Number 135 (Monday, July 15, 2019)]
                [Notices]
                [Pages 33810-33811]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2019-14939]
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                 DEPARTMENT OF THE TREASURY
                Office of the Comptroller of the Currency
                Information Collection Activities: Information Collection
                Renewal; Comment Request; General Reporting and Recordkeeping
                Requirements by Savings Associations
                AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
                ACTION: Notice and request for comment.
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                SUMMARY: The OCC, 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 a continuing
                information collection as required by the Paperwork Reduction Act of
                1995 (PRA).
                 An agency may not conduct or sponsor, and a respondent is not
                required to respond to, an information collection unless it displays a
                currently valid Office of Management and Budget (OMB) control number.
                 The OCC is soliciting comment concerning renewal of its information
                collection titled ``General Reporting and Recordkeeping Requirements by
                Savings Associations.''
                DATES: Comments must be submitted on or before September 13, 2019.
                ADDRESSES: Commenters are encouraged to submit comments by email, if
                possible. You may submit comments by any of the following methods:
                 Email: [email protected].
                 Mail: Chief Counsel's Office, Attention: Comment
                Processing, Office of the Comptroller of the Currency, Attention: 1557-
                0266, 400 7th Street SW, Suite 3E-218, Washington, DC 20219.
                 Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218,
                Washington, DC 20219.
                 Fax: (571) 465-4326.
                 Instructions: You must include ``OCC'' as the agency name and
                ``1557-0266'' in your comment. In general, the OCC will publish
                comments on www.reginfo.gov without change, including any business or
                personal information provided, such as name and address information,
                email addresses, or phone numbers. Comments received, including
                attachments and other supporting materials, are part of the public
                record and subject to public disclosure. Do not include any information
                in your comment or supporting materials that you consider confidential
                or inappropriate for public disclosure.
                 You may review comments and other related materials that pertain to
                this information collection beginning on the date of publication of the
                second notice for this collection \1\ by any of the following methods:
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                 \1\ Following the close of the 60-day comment period for this
                notice, the OCC will publish a notice for 30 days of comment for
                this collection.
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                 Viewing Comments Electronically: Go to www.reginfo.gov.
                Click on the ``Information Collection Review'' tab. Underneath the
                ``Currently under Review'' section heading, from the drop-down menu
                select ``Department of Treasury'' and then click ``submit.'' This
                information collection can be located by searching by OMB control
                number ``1557-0266'' or ``General Reporting and Recordkeeping
                Requirements by Savings Associations.'' Upon finding the appropriate
                information collection, click on the related ``ICR Reference Number.''
                On the next screen, select ``View Supporting Statement and Other
                Documents'' and then click on the link to any comment listed at the
                bottom of the screen.
                 For assistance in navigating www.reginfo.gov, please
                contact the Regulatory Information Service Center at (202) 482-7340.
                 Viewing Comments Personally: You may personally inspect
                comments at the OCC, 400 7th Street SW, Washington, DC. For security
                reasons, the OCC requires that visitors make an appointment to inspect
                comments. You may do so by calling (202) 649-6700 or, for persons who
                are deaf or hearing impaired, TTY, (202) 649-5597. Upon arrival,
                visitors will be required to present valid government-issued photo
                identification and submit to security screening in order to inspect
                comments.
                FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC Clearance
                Officer, (202) 649-5490 or, for persons who are deaf or hard of
                hearing, TTY, (202) 649-5597, Chief Counsel's Office, Office of the
                Comptroller of the Currency, 400 7th Street SW, Washington, DC 20219.
                SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501 et seq.),
                federal agencies must obtain approval from the OMB for each collection
                of information that they conduct or sponsor. ``Collection of
                information'' is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to
                include agency requests or requirements that members of the public
                submit reports, keep records, or disclose information to a third party.
                Section 3506(c)(2)(A) of title 44 requires federal agencies to provide
                a 60-day notice in the Federal Register concerning each proposed
                collection of information, including each proposed extension of an
                existing collection of information, before submitting the collection to
                OMB for approval. To comply with this requirement, the OCC is
                publishing notice of the renewal of this collection of information.
                 Title: General Reporting and Recordkeeping Requirements by Savings
                Associations.
                 OMB Control No.: 1557-0266.
                 Type of Review: Regular review.
                 Description: This information collection relates to reports and
                records required by the following regulations:
                 12 CFR 144.8 (communications between members of a federal
                mutual savings association);
                 12 CFR 163.47(e) (pension plan records); and
                 12 CFR 163.76(c) (offers and sales of securities of a
                federal savings association or its affiliates in any office of the
                savings association--form of certification).
                 Federal 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 recordkeeping requirements would make it
                difficult for institutions to establish prudent internal controls and
                would limit the ability of examiners to determine the accurate
                performance and condition of federal savings associations.
                 Affected Public: Businesses or other for-profit.
                 Burden Estimates:
                 Estimated Number of Respondents: 305.
                 Estimated Total Burden: 30,733 hours.
                 Frequency of Response: On occasion.
                 Comments: Comments submitted in response to this notice will be
                summarized and included in the request for OMB approval. All comments
                will become a matter of public record. Comments are invited on:
                 (a) Whether the collections of information are necessary for the
                proper
                [[Page 33811]]
                performance of the OCC's functions, including whether the information
                has practical utility;
                 (b) The accuracy of the OCC's estimates of the burden of the
                information collections, including the validity of the methodology and
                assumptions used;
                 (c) Ways to enhance the quality, utility, and clarity of the
                information to be collected;
                 (d) Ways to minimize the burden of information collections on
                respondents, including through the use of automated collection
                techniques or other forms of information technology; and
                 (e) Estimates of capital or start-up costs and costs of operation,
                maintenance, and purchase of services to provide information.
                 Dated: July 8, 2019.
                Theodore J. Dowd,
                Deputy Chief Counsel, Office of the Comptroller of the Currency.
                [FR Doc. 2019-14939 Filed 7-12-19; 8:45 am]
                 BILLING CODE 4810-33-P
                

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