Federal Register / Vol. 73, No. 164 / Friday, August 22, 2008 / Notices 49671 

SUMMARY: In this document, the 

Commission’s Consumer and 

Governmental Affairs Bureau (Bureau) 

grants the application of CSDVRS, LLC 

(CSDVRS) for certification as a VRS 

provider eligible for compensation from 

the Interstate TRS Fund (Fund). The 

Commission concludes that CSDVRS 

has demonstrated sufficiently that its 

provision of VRS will meet or exceed all 

operational, technical, and functional 

TRS standards set forth in the 

Commission’s rules; that it makes 

available adequate procedures and 

remedies for ensuring compliance with 

applicable Commission rules; and that 

to the extent CSDVRS’s service differs 

from the mandatory minimum 

standards, the service does not violate 

the rules. 

DATES: Effective September 21, 2007. 

FOR FURTHER INFORMATION CONTACT: 

Gregory Hlibok, Consumer and 

Governmental Affairs Bureau, Disability 

Rights Office at (800) 311–4381 (Voice), 

(202) 418–0431 (TTY), or e-mail at 

Gregory.Hlibok@fcc.gov. 

SUPPLEMENTARY INFORMATION: This is a 

summary of the Bureau’s document DA 

07–3996, released September 21, 2007, 

addressing CSDVRS’s application for 

certification as a VRS provider eligible 

for compensation from the Fund. See 

Notice of Certification of CSDVRS, LLC 

as a Provider of Video Relay Service 

(VRS) Eligible for Compensation from 

the Interstate Telecommunications 

Relay Service (TRS) Fund, CG Docket 

No. 03–123, Public Notice, 22 FCC Rcd 

17014 (CGB 2007). The full texts of 

document DA 07–3996 and CSDVRS’s 

application are available for public 

inspection and copying during regular 

business hours at the FCC Reference 

Information Center, Portals II, 445 12th 

Street, SW., Room CY–A257, 

Washington, DC 20554. These 

documents also may be purchased from 

the Commission’s duplicating contractor 

at Portals II, 445 12th Street, SW., Room 

CY–B402, Washington, DC 20554; the 

contractor’s Web site, http:// 

www.bcpiweb.com; or by calling (800) 

378–3160. To request materials in 

accessible formats for people with 

disabilities (Braille, large print, 

electronic files, audio format), send an 

e-mail to fcc504@fcc.gov or call the 

Consumer and Governmental Affairs 

Bureau at (202) 418–0530 (voice) or 

(202) 418–0432 (TTY). Document DA 

07–3996 also can be downloaded in 

Word or Portable Document Format 

(PDF) at: http://www.fcc.gov/cgb/dro/ 

trs.html. In addition, CSDVRS’s 

application also may be found by 

searching in the Commission’s 

Electronic Comment Filing System 

(ECFS) at http://www.fcc.gov/cgb/ecfs 

(insert 03–123 into the Proceeding 

block). 

Synopsis 

On July 16, 2007, CSDVRS filed an 

application for certification as a 

provider of VRS eligible for 

compensation from the Fund pursuant 

to the Commission’s provider 

certification rules, adopted in 

Telecommunications Relay Services and 

Speech-to-Speech Services for 

Individuals with Hearing and Speech 

Disabilities, CG Docket No. 03–123, 

Report and Order and Order on 

Reconsideration, 20 FCC Rcd 20577 

(2005); published at 70 FR 76208, 

December 23, 2005. CSDVRS’s 

application is granted. The Bureau has 

reviewed CSDVRS’s application 

pursuant to the provider certification 

rules. The Bureau concludes that 

CSDVRS has sufficiently demonstrated 

that its provision of VRS service will 

meet or exceed all operational, 

technical, and functional TRS standards 

set forth in 47 CFR 64.604; that it makes 

available adequate procedures and 

remedies for ensuring compliance with 

applicable Commission rules; and that 

to the extent CSDVRS’s service differs 

from the mandatory minimum 

standards, the service does not violate 

the rules. 

CSDVRS’s application is granted 

subject to compliance with applicable 

Commission orders, including the 

declaratory ruling requiring the 

interoperability of VRS equipment and 

service. See Telecommunications Relay 

Services and Speech-to-Speech Services 

for Individuals with Hearing and Speech 

Disabilities, CG Docket No. 03–123, 

Declaratory Ruling and Further Notice 

of Proposed Rulemaking, 21 FCC Rcd 

5442 (2006); published at 71 FR 30818, 

May 31, 2006 and 71 FR 30848, May 31, 

2006. Further, CSDVRS must file an 

annual report with the Commission 

demonstrating that CSDVRS is in 

compliance with 47 CFR 64.604. The 

first such report shall be due one year 

after September 21, 2007, and 

subsequent reports shall be due each 

year thereafter. This certification shall 

remain in effect for a period of five years 

from September 21, 2007. Within ninety 

days prior to the expiration of this 

certification, CSDVRS may apply for 

renewal of its VRS service certification 

by filing documentation in accordance 

with the Commission’s rules. 

Federal Communications Commission. 

Nicole McGinnis, 

Deputy Chief, Consumer and Governmental 

Affairs Bureau. 

[FR Doc. E8–19547 Filed 8–21–08; 8:45 am] 

BILLING CODE 6712–01–P 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

Agency Information Collection 

Activities: Submission for OMB 

Review; Comment Request 

AGENCY: Federal Deposit Insurance 

Corporation (FDIC). 

ACTION: Notice of information collection 

to be submitted to OMB for review and 

approval under the Paperwork 

Reduction Act of 1995. 

SUMMARY: In accordance with 

requirements of the Paperwork 

Reduction Act of 1995 (44 U.S.C. 3501 

et seq.), the FDIC hereby gives notice 

that it is submitting to the Office of 

Management and Budget (OMB) a 

request for OMB review and approval of 

the new information collection 

described below. The collection is 

related to a mandate under 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.’’ Section 7 further 

instructs the FDIC to consider several 

factors in its conduct of the surveys, 

including: (1) ‘‘What cultural, language 

and identification issues as well as 

transaction costs appear to most prevent 

‘unbanked’ individuals from 

establishing conventional accounts’’; 

and (2) ‘‘What is a fair estimate of the 

size and worth of the ‘unbanked’ market 

in the United States.’’

To satisfy the Congressional mandate, 

the FDIC intends to conduct two 

complementary surveys. One is a survey 

of FDIC-insured depository institutions 

on their efforts to serve underbanked, as 

well as unbanked, populations 

(underbanked populations include 

individuals who have an account with 

an insured depository but also rely on 

non-bank alternative financial service 

providers for transaction services or 

high-cost credit products). The FDIC has 

already obtained OMB approval for this 


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49672 Federal Register / Vol. 73, No. 164 / Friday, August 22, 2008 / Notices 

survey and the survey effort is currently 

in process. The other is a survey of U.S. 

households to estimate the size and 

worth of the unbanked and 

underbanked markets and to identify 

the factors that inhibit their 

participation in the mainstream banking 

system. The household survey would be 

conducted for the FDIC by the U.S. 

Bureau of the Census, as a supplement 

to its monthly Current Population 

Survey (CPS) in January 2009. This 

notice addresses the household survey. 

DATES: Comments must be submitted on 

or before September 22, 2008. 

ADDRESSES: Interested parties are 

invited to submit written comments on 

the collection of information entitled: 

National Unbanked and Underbanked 

Household Survey. Comments should 

refer to the name of the collection and 

may be submitted by any of the 

following methods: 

• http://www.FDIC.gov/regulations/ 

laws/federalnotices.html. 

• E-mail: comments@fdic.gov. 

Include the name and number of the 

collection in the subject line of the 

message. 

• Mail: Leneta G. Gregorie 

(202.898.3719), Counsel, Federal 

Deposit Insurance Corporation, Room 

F–1064, 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. 

A copy of the comments should also 

be submitted to the OMB Desk Officer 

for the FDIC, Office of Information and 

Regulatory Affairs, Office of 

Management and Budget, New 

Executive Office Building, Room 10235, 

Washington, DC 20503. 

FOR FURTHER INFORMATION CONTACT: 

Interested members of the public may 

obtain a copy of the survey and related 

instructions by clicking on the link for 

the National Unbanked and 

Underbanked Household Survey on the 

following Web page: http:// 

www.fdic.gov/regulations/laws/federal/ 

index.html. Interested members of the 

public may also obtain additional 

information about the collection, 

including a paper 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. 

SUPPLEMENTARY INFORMATION: 

Proposal to seek OMB approval for 

the following new collection of 

information: 

Title: National Unbanked and 

Underbanked Household Survey. 

OMB Number: New collection. 

Frequency of Response: Once. 

Affected Public: U.S. Households. 

Estimated Number of Respondents: 

54,000. 

Average time per response: 10 

minutes (0.166 hours) per respondent. 

Estimated Total Annual Burden: 

0.166 hours × 54,000 respondents = 

8,964 hours. 

General Description of Collection: 

This collection is related to a mandate 

under 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.’’

The Congressional mandate further 

requires the FDIC to conduct ongoing 

surveys to, among other things, estimate 

the size and worth of the unbanked 

market in the United States and to 

identify the cultural, language and 

identification issues as well as 

transaction costs that appear to most 

prevent unbanked individuals from 

establishing accounts with insured 

depository institutions. 

To satisfy the Congressional mandate, 

the FDIC has proposed conducting two 

complementary surveys related to 

unbanked and underbanked consumers 

(underbanked consumers include 

individuals who have an account with 

an insured depository institution, but 

also rely on non-bank alternative 

financial service providers for 

transaction services or high-cost credit 

products). 

The first survey effort, which has 

already obtained OMB approval and is 

currently underway, is a survey of FDICinsured depository institutions on their 

efforts to serve unbanked and 

underbanked consumers. The second 

survey effort, which is the subject of this 

notice, would be a national survey of 

U.S. households to estimate the size and 

worth of the unbanked and 

underbanked markets and to identify 

the barriers households perceive when 

deciding how and where to conduct 

financial transactions. 

To obtain the information required by 

the Reform Act related to unbanked and 

underbanked households, for this 

survey effort the FDIC proposes to 

partner with the U.S. Census Bureau to 

conduct a survey of U.S. households as 

a supplement to Census’ CPS in January 

2009. The supplement would be 

administered to households that 

participate in the CPS and would be 10 

minutes in length, on average. Based on 

their responses to the survey questions, 

respondents will be classified as 

unbanked or underbanked, allowing 

estimation of the size of those 

populations, and information on their 

demographic characteristics will be 

derived from their responses to 

demographic questions in the CPS. 

The FDIC supplement to the Census 

survey is designed to yield significant 

new data on the numbers and 

demographic characteristics of 

unbanked and underbanked 

households, as well as the barriers they 

perceive when deciding how and where 

to conduct financial transactions. 

Currently, there is a lack of basic data 

on the number of unbanked and 

underbanked households in the U.S. 

and on the factors that may promote or 

hinder access to the mainstream 

financial system. This will be the first 

survey of its kind on this topic to be 

conducted at the national level and 

results will also be reportable at the 

state level. The results will help 

policymakers and the industry better 

understand the extent to which U.S. 

households are financially underserved, 

the reasons why U.S. households may 

be financially underserved, and the 

opportunities that exist to better serve 

them. 

Comment Discussion: On May 19, 

2008 (73 FR 28824), the FDIC issued a 

request for comment on the proposed 

National Survey of Unbanked and 

Underbanked Households. One 

comment was received from a banking 

trade organization. The commenter 

expressed general support for the 

survey, noting that the banking industry 

is actively searching for ways to expand 

the universe of bank customers by 

identifying ways to transition unbanked 

consumers into users of mainstream 

products and services. The commenter 

indicated that the survey data would 

enhance these private initiatives to 

develop financial services for unbanked 

and underbanked consumers. The 

commenter did, however, express 

concern that certain questions may be 

phrased in such a way as to 

unintentionally steer respondents to 

certain answers which are critical of 

banks and that several questions offer 

the failure of banks to provide check 

cashing services, a service banks usually 

provide to their account holders, as a 

possible reason for not having or closing 

a bank account. To mitigate the 

possibility of unintentional steering, the 

commenter suggested that the FDIC 

consult with experts in the field of 


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Federal Register / Vol. 73, No. 164 / Friday, August 22, 2008 / Notices 49673 

polling to determine whether there are 

more neutral and reliable ways to elicit 

the information sought. The commenter 

further suggested that the FDIC 

eliminate failure to provide check 

cashing services as a possible answer to 

questions probing the reasons a 

respondent does not have or has closed 

an account. 

The commenter also suggested that 

the FDIC expand the survey, to elicit 

more detailed information in a number 

of areas, including the attitudes of the 

unbanked toward financial education 

opportunities; the reasons some 

consumers prefer to operate on a cash 

basis; what consumers like and dislike 

about payroll cards and other pre-paid 

products and the extent to which users 

of such products tend to be interested in 

opening checking or savings accounts; 

and the extent to which price and other 

factors affect the choices made by 

unbanked consumers when shopping 

for financial products and services. 

Finally, the commenter noted that the 

survey does not include questions of a 

demographic nature such as the 

respondent’s age, education, income, 

line of work, ethnicity, or how long he 

or she has resided in the country. The 

commenter, therefore, requested that the 

FDIC incorporate demographic 

questions into the survey or clarify that 

such questions will be included as part 

of the regularly scheduled questions 

asked by census takers. 

In its development of the survey 

questions for the National Survey of 

Unbanked and Underbanked 

Households, the FDIC attempted to 

balance its statutory mandate to identify 

the factors that appear to prevent 

unbanked individuals from establishing 

accounts with insured depository 

institutions and the demographic 

characteristics of the unbanked 

population against the need to minimize 

burden on respondents. To achieve this 

balance and to ensure that the questions 

were structured in a way to minimize 

bias, the FDIC consulted with a 

nationally recognized polling firm with 

expert credentials in qualitative and 

quantitative research and analysis. The 

FDIC also worked closely with a 

cognitive testing expert on the faculty of 

the University of Connecticut and with 

staff of the Census Bureau’s 

Demographic Surveys Division and the 

Labor Department’s Bureau of Labor 

Statistics. After two rounds of cognitive 

testing with corresponding adjustments 

to survey questions, the FDIC is 

confident that the survey questions are 

structured in a way that minimizes 

possible skewing of survey results. 

With respect to suggested deletion of 

failure to provide check cashing services 

as a potential response to questions 

seeking information on the reasons for 

not having or closing an account, the 

FDIC is aware that such services are 

usually extended to bank customers. 

However, provision of such services to 

account holders is not always the case 

and, in many instances, may be 

restricted by several factors such as 

account standing and the institution on 

which the check is drawn. Therefore, 

the FDIC believes that failure to provide 

check cashing services is a valid 

response option for questions seeking to 

determine the reasons for not having or 

closing an account. 

Regarding the suggestion that the 

FDIC expand the survey to elicit more 

detailed information in a variety of 

areas, the FDIC agrees that the utility of 

the survey would be enhanced by the 

addition of questions that would 

provide more depth on factors 

underlying consumer choices and 

preferences with respect to financial 

products and services. However, the 

FDIC is constrained by Census Bureau 

limits on the length of the survey. 

Perhaps these issues can be explored in 

future survey efforts. 

On the demographic issues raised by 

the commenter, the FDIC has clarified 

that demographic information about 

respondents is collected by the Current 

Population Survey, eliminating the need 

for such questions to be included in the 

supplemental survey. 

Request for Comment 

Comments are invited on: (a) Whether 

these collections of information are 

necessary for the proper performance of 

the FDIC’s functions, including whether 

the information has practical utility; (b) 

the accuracy of the estimate 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; and (d) ways to minimize the 

burden of the information collections on 

respondents, including through the use 

of automated collection techniques or 

other forms of information technology. 

All comments will become a matter of 

public record. 

Dated at Washington, DC, this 19th day of 

August, 2008. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Executive Secretary. 

[FR Doc. E8–19478 Filed 8–21–08; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL RESERVE SYSTEM 

Proposed Agency Information 

Collection Activities; Comment 

Request 

Correction 

In notice document E8–17716 

beginning on page 45222 in the issue of 

Monday, August 4, 2008, make the 

following correction: 

On page 45223, in the first column, 

under DATES:, in the second line, 

‘‘September 30, 2008’’ should read 

‘‘October 3, 2008’’. 

[FR Doc. Z8–17716 Filed 8–21–08; 8:45 am] 

BILLING CODE 1505–01–D 

FEDERAL RESERVE SYSTEM 

Change in Bank Control Notices; 

Acquisition of Shares of Bank or Bank 

Holding Companies 

The notificants listed below have 

applied under the Change in Bank 

Control Act (12 U.S.C. 1817(j)) and 

§ 225.41 of the Board’s Regulation Y (12 

CFR 225.41) to acquire a bank or bank 

holding company. The factors that are 

considered in acting on the notices are 

set forth in paragraph 7 of the Act (12 

U.S.C. 1817(j)(7)). 

The notices are available for 

immediate inspection at the Federal 

Reserve Bank indicated. The notices 

also will be available for inspection at 

the office of the Board of Governors. 

Interested persons may express their 

views in writing to the Reserve Bank 

indicated for that notice or to the offices 

of the Board of Governors. Comments 

must be received not later than 

September 9, 2008. 

A. Federal Reserve Bank of Kansas 

City (Todd Offenbacker, Assistant Vice 

President) 1 Memorial Drive, Kansas 

City, Missouri 64198–0001: 

1. Steven J. Buchanan, Omaha, 

Nebraska, as a member of Wilber Co. 

Voting Trust; to retain control of Wilber 

Co., both of Wilber, Nebraska, parent of 

First State Bank, Lincoln, Nebraska. 

Board of Governors of the Federal Reserve 

System, August 19, 2008. 

Robert deV. Frierson, 

Deputy Secretary of the Board. 

[FR Doc. E8–19529 Filed 8–21–08; 8:45 am] 

BILLING CODE 6210–01–S 

FEDERAL RESERVE SYSTEM 

Formations of, Acquisitions by, and 

Mergers of Bank Holding Companies 

The companies listed in this notice 

have applied to the Board for approval, 


jlentini on PROD1PC65 with NOTICES