[Federal Register Volume 76, Number 44 (Monday, March 7, 2011)]
[Notices]
[Pages 12418-12419]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-5108]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Notice of Hiring or Indemnifying Senior Executive Officers or 
Directors

AGENCY: Office of Thrift Supervision (OTS), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The proposed information collection request (ICR) described 
below has been submitted to the Office of Management and Budget (OMB) 
for review and approval, as required by the Paperwork Reduction Act of 
1995, 44 U.S.C. 3507. OTS is soliciting public comments on the 
proposal.

DATES: Submit written comments on or before April 6, 2011. A copy of 
this ICR, with applicable supporting documentation, can be obtained 
from RegInfo.gov at http://www.reginfo.gov/public/do/PRAMain.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to OMB and OTS at these addresses: 
Office of Information and Regulatory Affairs, Attention: Desk Officer 
for OTS, U.S. Office of Management and Budget, 725 17th Street, NW., 
Room 10235, Washington, DC 20503, or by fax to (202) 393-6974; and 
Information Collection Comments, Chief Counsel's Office, Office of 
Thrift Supervision, 1700 G Street, NW., Washington, DC 20552, by fax to 
(202) 906-6518, or by e-mail to <a href="/cdn-cgi/l/email-protection#c1a8afa7aea2aeadada4a2b5a8aeafefa2aeacaca4afb5b281aeb5b2efb5b3a4a0b2efa6aeb7"><span class="__cf_email__" data-cfemail="fe979098919d9192929b9d8a979190d09d9193939b908a8dbe918a8dd08a8c9b9f8dd0999188">[email protected]</span></a>. 
OTS will post comments and the related 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., 
Washington, DC 20552 by appointment. To make an appointment, call (202) 
906-5922, send an e-mail to <a href="/cdn-cgi/l/email-protection#89b5e8a9e1fbecefb4" http: public.info">public.info</a>@ots.treas.gov">public.info@ots.treas.gov</a>, or send a 
facsimile transmission to (202) 906-7755.

FOR FURTHER INFORMATION CONTACT: For further information or to obtain a 
copy of the submission to OMB, please contact Ira L. Mills at, 
<a href="/cdn-cgi/l/email-protection#670e1506490a0e0b0b142708131449131502061449000811"><span class="__cf_email__" data-cfemail="1b72697a3576727777685b746f68356f697e7a68357c746d">[email protected]</span></a>, or on (202) 906-6531, or facsimile number 
(202) 906-6518, Regulations and Legislation Division, Chief Counsel's 
Office, 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

[[Page 12419]]

approval process, we invite comments on the following information 
collection.
    Title of Proposal: Notice of Hiring or Indemnifying Senior 
Executive Officers or Directors.
    OMB Number: 1550-0047.
    Form Numbers: 1606; 1624.
    Description: 12 U.S.C. 1831i requires OTS to make a determination 
as to the hiring or appointment of senior executive officers or 
directors at savings institutions or thrift holding companies. The 
OTS's determination must be based upon an evaluation of the 
individual's competence, experience, character, and integrity. The 
information required by the collection is necessary to make this 
determination. Without this information, the OTS cannot accomplish the 
statutory requirement designed to protect the interests of the Deposit 
Insurance Fund. The OTS has delegated the Regional Director, or his 
designee, at each Regional Office the authority to approve or deny 
these requests. They evaluate the individual's educational and 
professional experience to determine competence in the proposed 
position. An evaluation of the individual's proprietary interests 
identifies conflicts of interest that may render such person unsuitable 
for the position. Finally, information such as an individual's criminal 
offenses, lawsuits, and related disclosures, enable further evaluation 
of the individual's integrity and character.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit.
    Estimated Number of Respondents: 120.
    Estimated Frequency of Response: On occasion.
    Estimated Total Burden: 280 hours.

    Dated: March 2, 2011.
Ira L. Mills,
Paperwork Clearance Officer, Office of Chief Counsel, Office of Thrift 
Supervision.
[FR Doc. 2011-5108 Filed 3-4-11; 8:45 am]
BILLING CODE 6720-01-P


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