[Federal Register Volume 61, Number 107 (Monday, June 3, 1996)]
[Notices]
[Pages 27874-27875]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-13780]



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FEDERAL DEPOSIT INSURANCE CORPORATION

Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Notice of information collection to be submitted to OMB for 
review and approval under the Paperwork Reduction Act of 1995.

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SUMMARY: In accordance with requirements of the Paperwork Reduction Act 
of 1995 (44 U.S.C. Chapter 35), the FDIC hereby gives notice that it 
plans to submit to the Office of Management and Budget a request for 
OMB review of the information collection system described below.

    Type of Review: Revision of a currently approved collection.
    Title: Summary of Deposits.
    Form Number: 8020/05.
    OMB Number: 3064-0061.
    Expiration Date of OMB Clearance: April 30, 1997.
    OMB Reviewer: Milo Sunderhauf, (202) 395-7316, Office of Management 
and Budget, OIRA, Paperwork Reduction Project (3064-0061), Washington, 
DC 20503.
    FDIC Contact: Steven F. Hanft, (202) 898-3907, Office of the 
Executive Secretary, Room F-400, Federal Deposit Insurance Corporation, 
550 17th Street NW., Washington, DC 20429.
    Comments: Comments on this collection of information are welcome 
and should be submitted on or before July 3, 1996.

ADDRESSES: A copy of the submission may be obtained by calling or 
writing the FDIC contact listed above. Comments regarding the 
submission should be addressed to both the OMB reviewer and the FDIC 
contact listed above.

SUPPLEMENTARY INFORMATION: The Summary of Deposits (SOD) information 
collection system is an annual survey to obtain the amount of deposits 
held at each office of all banks with branches in

[[Page 27875]]

the United States. The survey includes both commercial and savings 
banks. The survey data provide a basis for measuring the competitive 
impact of bank mergers and has additional use in banking research. The 
data are collected as of close of business, June 30.
    The proposed revisions to the SOD are described as follows: 
Financial institutions previously were required to report three (3) 
separate categories for deposits at each branch: (1) ``Individual, 
partnership and corporation'', (2) ``other'', and (3) ``total''. Now 
only one figure (total deposits) is required. This will lessen the 
reporting burden significantly. Reporters were always required to 
provide information on changes in address, relocations, new and 
purchased branches, and branches closed or sold. They were instructed 
to write the information on the form including type of facility and 
effective date of transaction. Reporting of changes has now been 
formalized by adding columns to report the effective date, type of 
transaction and type of facility. In addition to formalizing the 
reporting of changes, the new format will facilitate the automated 
interface of these changes to the Corporation's Structure database 
rather than doing them manually. The new SOD survey form will also 
facilitate electronic reporting of the Summary of Deposits survey in 
the future (1997) as well as be similar to the Thrift SOD survey 
provided in the Office of Thrift Supervision.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Deputy Executive Secretary.
[FR Doc. 96-13780 Filed 5-31-96; 8:45 am]
BILLING CODE 6714-01-M