Federal Register / Vol. 75, No. 246 / Thursday, December 23, 2010 / Notices 80811 

language interpretation at Commission 

meetings for the hearing impaired. 

Requests for other reasonable 

accommodations may be made by using 

the voice and TTY numbers listed 

above. 

CONTACT PERSON FOR MORE INFORMATION: 

Stephen Llewellyn, Executive Officer on 

(202) 663–4070. 

Dated: December 21, 2010. 

Stephen Llewellyn, 

Executive Officer, Executive Secretariat. 

[FR Doc. 2010–32529 Filed 12–21–10; 4:15 pm] 

BILLING CODE 6570–01–P 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

Agency Information Collection 

Activities: Proposed Revision of 

Information Collection; Comment 

Request 

AGENCY: Federal Deposit Insurance 

Corporation (FDIC). 

ACTION: Notice and request for comment. 

The FDIC, as part of its continuing 

effort to reduce paperwork and 

respondent burden and as required by 

the Paperwork Reduction Act of 1995 

(44 USC chapter 35), invites the general 

public and other Federal agencies to 

comment on proposed revisions to the 

survey collection instruments for its 

second National Survey of Banks’ 

Efforts to Serve the Unbanked and 

Underbanked, currently approved under 

OMB Control No. 3064–0158, scheduled 

to be conducted in mid-2011. The 

collection is mandated by section 7 of 

the Federal Deposit Insurance Reform 

Conforming Amendments Act of 2005 

(‘‘Reform Act’’) (Pub. L. 109–173), which 

calls for the FDIC to conduct ongoing 

surveys on efforts by insured depository 

institutions to bring those individuals 

and families who have rarely, if ever, 

held a checking account, a savings 

account or other type of transaction or 

check cashing account at an insured 

depository institution (hereafter in this 

section referred to as the ‘unbanked’) 

into the conventional finance system.’’ 

In addition to gathering information on 

the efforts of FDIC-insured depository 

institutions to bring unbanked 

individuals and families into the 

conventional finance system, the Bank 

Survey collects information on their 

efforts to serve underbanked 

populations. Underbanked populations 

include individuals who have an 

account with an insured depository but 

also rely on nonbank alternative 

financial service providers for 

transaction services or high cost credit 

products. 

DATES: Comments must be submitted on 

or before February 22, 2011. 

ADDRESSES: Interested parties are 

invited to submit written comments by 

any of the following methods. All 

comments should refer to the ‘‘National 

Survey on Banks’ Efforts to Serve the 

Unbanked and Underbanked’’: http:// 

www.FDIC.gov/regulations/laws/ 

federal/. 

E-mail: comments@fdic.gov. Please 

include the name and number of the 

collection in the subject line of the 

message. 

Mail: Leneta Gregorie (202–898– 

3719), Counsel, Legal Division, 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 550 17th Street Building 

(located on F Street), on business days 

between 7 a.m. and 5 p.m. 

FOR FURTHER INFORMATION CONTACT: 

Interested members of the public may 

obtain additional information about the 

collection, including a copy of the 

proposed collection and related 

instructions, without charge, by 

contacting Leneta Gregorie at the 

address identified above, or by calling 

(202) 898–3719. Copies of the survey 

instruments may also be accessed online, at http://www.fdic.gov/regulations/ 

laws/federal/index.html, directly 

beneath the link to this Federal Register 

notice. 

SUPPLEMENTARY INFORMATION: The 

National Survey on Banks’ Efforts to 

Serve the Unbanked and Underbanked 

(Bank Survey) collection of information 

consists of two related survey 

instruments: (1) a survey of insured 

depository institution headquarters 

offices regarding business strategies for 

serving the unbanked and underbanked; 

and (2) a survey of branches of insured 

depository institutions regarding 

specific methods used to reach the 

underserved and specific products and 

services offered at each location. The 

estimated burden for the surveys is as 

follows: 

1. Headquarters Survey 

OMB Number: 3064–0158. 

Frequency of Response: once. 

Affected Public: FDIC-insured 

depository institutions headquarters 

offices. 

Estimated Number of Respondents: 

480. 

Estimated Time per Response: 30 

minutes per respondent. 

Estimated Burden: 0.5 hours × 480 

respondents = 240 hours. 

2. Branch Office Survey 

OMB Number: 3064–0158. 

Frequency of Response: Once. 

Affected Public: FDIC-insured 

depository institutions branch offices. 

Estimated Number of Respondents: 

1,300. 

Estimated Time per Response: 30 

minutes per respondent. 

Estimated Burden: 0.5 hours × 1,300 

respondents = 650 hours. 

Total estimated burden for this 

collection: 240 hours + 650 hours = 890 

hours. 

General Description of Collection 

The FDIC has a number of initiatives 

underway to encourage practical 

solutions to ensure that all consumers 

have reasonable access to full service 

banking and other financial services. 

The FDIC believes that insured 

depositories can provide a path into the 

financial mainstream for those who 

need these financial services, and that 

depository institutions can create an 

array of affordable lending services to 

meet the needs of all their customers. 

Currently a significant segment of the 

population relies on a mix of non-bank 

financial service providers for their 

needs. The FDIC has undertaken a series 

of investigations in this area, including 

the Bank Survey. The survey is 

mandated by section 7 of the Reform 

Act, which calls for the FDIC to conduct 

ongoing surveys ‘‘on efforts by insured 

depository institutions to bring those 

individuals and families who have 

rarely, if ever, held a checking account, 

a savings account or other type of 

transaction or check cashing account at 

an insured depository institution 

(hereafter in this section referred to as 

the ‘unbanked’) into the conventional 

finance system.’’ The Reform Act 

specifically mandates that the FDIC 

consider the following factors and 

questions in conducting the survey: 

‘‘(A) To what extent do insured 

depository institutions promote 

financial education and financial 

literacy outreach?’’ 

‘‘(B) Which financial education efforts 

appear to be the most effective in 

bringing ‘unbanked’ individuals and 

families into the conventional finance 

system?’’ 

‘‘(C) What efforts are insured 

institutions making at converting 

‘unbanked’ money order, wire transfer, 

and international remittance customers 

into conventional account holders?’’ 

‘‘(D) What cultural, language and 

identification issues as well as 

transaction costs appear to most prevent 

‘unbanked’ individuals from 

establishing conventional accounts?’’ 

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80812 Federal Register / Vol. 75, No. 246 / Thursday, December 23, 2010 / Notices 

‘‘(E) What is a fair estimate of the size 

and worth of the ‘unbanked’ market in 

the United States?’’ 

In addition to these mandated 

objectives, the FDIC seeks to identify 

and quantify the extent to which 

institutions serve the needs of the 

unbanked and underbanked; identify 

the characteristics of institutions that 

are reaching out to and serving the 

unbanked and underbanked; identify 

efforts (for example, practices, 

programs, alliances) of institutions to 

serve the unbanked and underbanked; 

and identify potential barriers that affect 

the ability of institutions to serve the 

unbanked and underbanked. 

In its inaugural survey effort, the first 

of its kind to be conducted at the 

national level, the FDIC conducted a 

two-pronged survey—a sample survey 

of FDIC-insured depository institutions 

and a limited number of case studies of 

FDIC-insured depository institutions 

that were employing innovative 

methods to serve unbanked and 

underbanked populations. The results of 

the initial survey effort, which were 

released in February 2009, showed that 

while most banks were aware of 

significant unbanked and underbanked 

populations in their areas, more could 

be done to reach out to these important 

markets. A copy of the survey findings 

can be accessed at the following link: 

http://www.fdic.gov/unbankedsurveys/. 

In this second Bank Survey survey 

effort, the FDIC proposes to sample 

survey FDIC-insured depository 

institution at the headquarters and 

branch office level on their efforts to 

meet the needs of underserved 

populations. By so doing, the survey 

will provide insights into relevant 

headquarter strategies as well as 

offerings at the branch level. This 

approach will also enable the FDIC to 

analyze survey results by bank size class 

as well as by geographic location, 

including efforts of branch offices 

located in low to-moderate income 

versus other geographic areas. 

Request for Comment 

Comments are invited on: (a) Whether 

the collection of information is 

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 information collection; (c) 

ways to enhance the quality, utility, and 

clarity of the information to be 

collected; and (d) 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. 

The FDIC will consider all comments to 

determine the extent to which the 

proposed information collection should 

be modified prior to submission to OMB 

for review and approval. After the 

comment period closes, comments will 

be summarized or included in the 

FDIC’s request to OMB for approval of 

the collection. All comments will 

become a matter of public record. 

Dated at Washington, DC, this 20th day of 

December, 2010. 

Federal Deposit Insurance Corporation. 

Valerie J. Best, 

Assistant Executive Secretary. 

[FR Doc. 2010–32282 Filed 12–22–10; 8:45 am] 

BILLING CODE P 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

Sunshine Act Meeting 

Pursuant to the provisions of the 

‘‘Government in the Sunshine Act’’ 

(5 U.S.C. 552b), notice is hereby given 

that at 11:10 a.m. on Tuesday, December 

14, 2010, the Board of Directors of the 

Federal Deposit Insurance Corporation 

met in closed session to consider 

matters related to the Corporation’s 

supervision, corporate and resolution 

activities. 

In calling the meeting, the Board 

determined, on motion of Vice 

Chairman Martin J. Gruenberg, 

seconded by Director John E. Bowman 

(Acting Director, Office of Thrift 

Supervision), concurred in by Director 

Thomas J. Curry (Appointive), Director 

John G. Walsh (Acting Comptroller of 

the Currency), and Chairman Sheila C. 

Bair, that Corporation business required 

its consideration of the matters which 

were to be the subject of this meeting on 

less than seven days’ notice to the 

public; that no earlier notice of the 

meeting was practicable; that the public 

interest did not require consideration of 

the matters in a meeting open to public 

observation; and that the matters could 

be considered in a closed meeting by 

authority of subsections (c)(2), (c)(4), 

(c)(6), (c)(8), (c)(9)(A)(ii), (c)(9)(B), and 

(c)(10) of the ‘‘Government in the 

Sunshine Act’’ (5 U.S.C. 552b(c)(2), 

(c)(4), (c)(6), (c)(8), (c)(9)(A)(ii), (c)(9)(B), 

and (c)(10)). 

The meeting was held in the Board 

Room of the FDIC Building located at 

550—17th Street, NW., Washington, DC. 

Dated: December 14, 2010. 

Federal Deposit Insurance Corporation. 

Valerie J. Best, 

Assistant Executive Secretary. 

[FR Doc. 2010–32501 Filed 12–21–10; 4:15 pm] 

BILLING CODE P 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

Update to Notice of Financial 

Institutions for Which the Federal 

Deposit Insurance Corporation Has 

Been Appointed Either Receiver, 

Liquidator, or Manager 

AGENCY: Federal Deposit Insurance 

Corporation. 

ACTION: Update Listing of Financial 

Institutions in Liquidation. 

SUMMARY: Notice is hereby given that 

the Federal Deposit Insurance 

Corporation (Corporation) has been 

appointed the sole receiver for the 

following financial institutions effective 

as of the Date Closed as indicated in the 

listing. This list (as updated from time 

to time in the Federal Register) may be 

relied upon as ‘‘of record’’ notice that the 

Corporation has been appointed receiver 

for purposes of the statement of policy 

published in the July 2, 1992 issue of 

the Federal Register (57 FR 29491). For 

further information concerning the 

identification of any institutions which 

have been placed in liquidation, please 

visit the Corporation Web site at http:// 

www.fdic.gov/bank/individual/failed/ 

banklist.html or contact the Manager of 

Receivership Oversight in the 

appropriate service center. 

Dated: December 13, 2010. 

Federal Deposit Insurance Corporation. 

Pamela Johnson, 

Regulatory Editing Specialist. 

INSTITUTIONS IN LIQUIDATION

[In alphabetical order] 

FDIC Ref. No. Bank name City State Date closed 

10317 ................ Earthstar Bank ..................................................... Southampton ....................................................... PA 12/10/2010 

10318 ................ Paramount Bank .................................................. Farmington Hills ................................................... MI 12/10/2010 

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