[Federal Register Volume 75, Number 246 (Thursday, December 23, 2010)]
[Notices]
[Page 80896]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-32175]


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

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.

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

SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to comment on proposed and continuing 
information collections, as required by the Paperwork Reduction Act of 
1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the 
Department of the Treasury will submit the proposed information 
collection requirement described below to the Office of Management and 
Budget (OMB) for review, as required by the Paperwork Reduction Act. 
Today, OTS is soliciting public comments on its proposal to extend this 
information collection.

DATES: Submit written comments on or before February 22, 2011.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to Information Collection Comments, 
Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street, 
NW., Washington, DC 20552; send a facsimile transmission to (202) 906-
6518; or send an e-mail to <a href="/cdn-cgi/l/email-protection#066f68606965696a6a6365726f69682865696b6b636872754669727528727463677528616970"><span class="__cf_email__" data-cfemail="9af3f4fcf5f9f5f6f6fff9eef3f5f4b4f9f5f7f7fff4eee9daf5eee9b4eee8fffbe9b4fdf5ec">[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. by appointment. 
To make an appointment, call (202) 906-5922, send an e-mail to 
<a href="/cdn-cgi/l/email-protection#1f237e3f776d7a7922" 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: You can request additional information 
about this proposed information collection from Donald W. Dwyer at 
(202) 906-6414, 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 approval process, we 
invite comments on the following information collection.
    Comments should address one or more of the following points:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the functions of OTS;
    b. The accuracy of OTS's estimate of the burden of the proposed 
information collection;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of the information collection on 
respondents, including through the use of information technology.
    We will summarize the comments that we receive and include them in 
the OTS request for OMB approval. All comments will become a matter of 
public record. In this notice, OTS is soliciting comments concerning 
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: Businesses or other for-profit.
    Estimated Number of Respondents: 120.
    Estimated Frequency of Response: On occasion.
    Estimated Total Burden: 280 hours.

    Dated: December 17, 2010.
Ira L. Mills,
Paperwork Clearance Officer, Office of Chief Counsel, Office of Thrift 
Supervision.
[FR Doc. 2010-32175 Filed 12-22-10; 8:45 am]
BILLING CODE 6720-01-P


</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>