24852 Federal Register / Vol. 74, No. 99 / Tuesday, May 26, 2009 / Notices 

Dated: May 18, 2009. 

W. R. Diamond, 

Director, Field and External Affairs Division 

[FR Doc. E9–12141 Filed 5–22–09; 8:45 am] 

BILLING CODE 6560–50–S 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

Agency Information Collection 

Activities: Proposed Collection 

Renewals; Comment Request 

AGENCY: Federal Deposit Insurance 

Corporation (FDIC). 

ACTION: Notice and request for comment. 

SUMMARY: The FDIC, as part of its 

continuing effort to reduce paperwork 

and respondent burden, invites the 

general public and other Federal 

agencies to take this opportunity to 

comment on continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995 (44 

U.S.C. chapter 35). Currently, the FDIC 

is soliciting comments on renewal of 

five information collections described 

below. 

DATES: Comments must be submitted on 

or before July 27, 2009. 

ADDRESSES: Interested parties are 

invited to submit written comments to 

the FDIC by any of the following 

methods: 

• http://www.FDIC.gov/regulations/ 

laws/federal/notices.html. 

• E-mail: comments@fdic.gov. 

Include the name of the collection in the 

subject line of the message. 

• Mail: Leneta G. Gregorie (202–898– 

3719), Counsel, Room F–1064, 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 17th Street Building 

(located on F Street), on business days 

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

All comments should refer to the 

relevant OMB control number. A copy 

of the comments may 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, 

Washington, DC 20503. 

FOR FURTHER INFORMATION CONTACT: 

Leneta Gregorie, at the FDIC address 

above. 

SUPPLEMENTARY INFORMATION: Proposal 

to renew the following currently 

approved collections of information: 

1. Title: Application Pursuant to 

Section 19 of the Federal Deposit 

Insurance Act. 

OMB Number: 3064–0018. 

Form Number: FDIC 6710/07. 

Frequency of Response: On occasion. 

Affected Public: Insured depository 

institutions. 

Estimated Number of Respondents: 

14. 

Estimated Time per Response: 16 

hours. 

Total Annual Burden: 224 hours. 

General Description of Collection: 

Section 19 of the Federal Deposit 

Insurance Act (FDI), 12 U.S.C. 1829, 

requires the FDIC’s consent prior to any 

participation in the affairs of an insured 

depository institution by a person who 

has been convicted of crimes involving 

dishonesty or breach of trust. To obtain 

that consent, an insured depository 

institution must submit an application 

to the FDIC for approval on Form FDIC 

6710/07. 

2. Title: Procedures for Monitoring 

Bank Protection Act Compliance. 

OMB Number: 3064–0095. 

Form Numbers: None. 

Frequency of Response: On occasion. 

Affected Public: Insured state 

nonmember banks. 

Estimated Number of Respondents: 

5,110. 

Estimated Time per Response: 0.5 

hours. 

Total Annual Burden: 2,555 hours. 

General Description of Collection: The 

Bank Protection Act of 1968 (12 U.S.C. 

1881–1884) requires each Federal 

supervisory agency to promulgate rules 

establishing minimum standards for 

security devices and procedures to 

discourage financial crime and to assist 

in the identification of persons who 

commit such crimes. To avoid the 

necessity of constantly updating a 

technology-based regulation, the FDIC 

takes a flexible approach to 

implementing this statute. It requires 

each insured nonmember bank to 

designate a security officer who will 

administer a written security program. 

The security program shall: (1) Establish 

procedures for opening and closing for 

business and for safekeeping valuables; 

(2) establish procedures that will assist 

in identifying persons committing 

crimes against the bank; (3) provide for 

initial and periodic training of 

employees in their responsibilities 

under the security program; and (4) 

provide for selecting, testing, operating 

and maintaining security devices as 

prescribed in the regulation. In addition, 

the FDIC requires the security officer to 

report at least annually to the bank’s 

board of directors on the effectiveness of 

the security program. 

3. Title: Activities and Investments of 

Insured State Banks. 

OMB Number: 3064–0111. 

Form Numbers: None. 

Frequency of Response: On occasion. 

Affected Public: Insured state 

nonmember banks. 

Estimated Number of Respondents: 

20. 

Estimated Time per Response: 8 

hours. 

Total Annual Burden: 160 hours. 

General Description of Collection: 

With certain exceptions, section 24 of 

the FDI Act (12 U.S.C. 1831a) limits the 

direct equity investments of state 

chartered banks to equity investments 

that are permissible for national banks. 

In addition, the statute prohibits an 

insured state bank from directly 

engaging as principal in any activity 

that is not permissible for a national 

bank or indirectly through a subsidiary 

in an activity that is not permissible for 

a subsidiary of a national bank unless 

the bank meets its minimum capital 

requirements and the FDIC determines 

that the activity does not pose 

significant risk to the Deposit Insurance 

Fund. The FDIC can make such a 

determination for exception by 

regulation or by order. The FDIC’s 

implementing regulation for section 24 

is 12 CFR part 362. It details the 

activities that insured state nonmember 

banks or their subsidiaries may engage 

in, under certain criteria and conditions, 

and identifies the information that 

banks must furnish to the FDIC in order 

to obtain the FDIC’s approval or nonobjection. 

4. Title: Mutual-to-Stock Conversions 

of State Savings Banks. 

OMB Number: 3064–0117. 

Form Numbers: None. 

Frequency of Response: On occasion. 

Affected Public: Insured State 

chartered savings banks that are not 

members of the Federal Reserve System 

proposing to convert from mutual to 

stock form of ownership. 

Estimated Number of Respondents: 

10. 

Estimated Time per Response: 50 

hours. 

Total Annual Burden: 500 hours. 

General Description of Collection: 

Sections 303.161 and 333.4 of Title 12 

of the Code of Federal Regulations 

require State savings banks that are not 

members of the Federal Reserve System 

to file with the FDIC a notice of intent 

to convert to stock form and to provide 

copies of documents filed with State 

and Federal banking and/or securities 

regulators in connection with the 

proposed conversion. 

5. Title: Privacy of Consumer 

Financial Information. 

OMB Number: 3064–0136. 

Form Numbers: None. 

Frequency of Response: On occasion. 

Affected Public: Insured State 

nonmember banks. 

Federal Register / Vol. 74, No. 99 / Tuesday, May 26, 2009 / Notices 24853 

Estimated Number of Respondents: 

Initial notice, 208; annual notice and 

change in terms 5,138; opt-out notice, 

873. 

Estimated Average Time per 

Response: Initial notice, 80 hours; 

annual notice and change in terms, 8 

hours; opt-out notice, 8 hours. 

Estimated Number of Responses: 

328,600. 

Total Annual Burden: 64,728 hours. 

General Description of Collection: The 

elements of this collection are required 

under section 504 of the Gramm-LeachBliley Act, Public Law l06–102. The 

collection mandates notice requirements 

and restrictions on a financial 

institution’s ability to disclose 

nonpublic personal information about 

consumers to nonaffiliated third parties. 

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, 

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 collection 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 

May, 2009. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Executive Secretary. 

[FR Doc. E9–12043 Filed 5–22–09; 8:45 am] 

BILLING CODE 6714–01–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 

collections 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. chapter 

35), the FDIC hereby gives notice that it 

plans to submit to the Office of 

Management and Budget (OMB) a 

request for OMB review and renewal of 

the collections of information described 

below: 

DATES: Comments must be submitted on 

or before June 25, 2009. 

ADDRESSES: Interested parties are 

invited to submit written comments to 

FDIC by any of the following methods. 

All comments should refer to the name 

of the collection as well as the OMB 

control number(s): 

• Web site: http://www.FDIC.gov/ 

regulations/laws/federal/notices.html. 

• E-mail: Comments@FDIC.gov. 

Include the name of the collection in the 

subject line of the message. 

• Mail: Herbert J. Messite, Counsel, 

202.898.6834, 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. 

Public Inspection: All comments 

received will be posted without change 

to http://www.fdic.gov/regulations/laws/ 

federal/propose.html including any 

personal information provided. 

Comments may be inspected at the FDIC 

Public Information Center, Room E– 

1002, 3501 Fairfax Drive, Arlington, VA 

22226, between 9 a.m. and 5 p.m. on 

business days. 

Comments may 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, 727 17th Street, NW., 

Washington, DC 20503. 

FOR FURTHER INFORMATION CONTACT: 

Herbert J. Messite at the address 

identified above. 

SUPPLEMENTARY INFORMATION: Proposal 

to renew the following currently 

approved collections of information: 

1. Title: Recordkeeping and 

Confirmation Requirements for 

Securities Transactions. 

OMB Number: 3064–0028. 

Frequency of Response: On occasion. 

Affected Public: Business or other 

financial institutions. 

Estimated Number of Respondents: 

4470. 

Estimated Time per Response: 27.91 

hours. 

Total Annual Burden: 124,758 hours. 

General Description of Collection: The 

information collection requirements are 

contained in 12 CFR part 344. The 

regulation’s purpose is to ensure that 

purchasers of securities in transactions 

affected by insured state nonmember 

banks are provided with adequate 

records concerning the transactions. The 

regulation is also designed to ensure 

that insured State nonmember banks 

maintain adequate records and controls 

with respect to the securities 

transactions they effect. 

2. Title: Certification of Compliance 

with Mandatory Bars to Employment. 

OMB Number: 3064–0121. 

Form Number: FDIC 7300/06. 

Frequency of Response: On occasion. 

Affected Public: Business or other 

financial institutions. 

Estimated Number of Respondents: 

600. 

Estimated Time per Response: 10 

minutes. 

Total Annual Burden: 99.96 hours. 

General Description of Collection: 

Prior to an offer of employment, job 

applicants to the FDIC must sign a 

certification that they have not been 

convicted of a felony or been in other 

circumstances that prohibit person from 

becoming employed by or providing 

services to FDIC. 

Request for Comment 

Comments are invited on: (a) Whether 

the 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 estimates 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 collection 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 

May, 2009. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Executive Secretary. 

[FR Doc. E9–12045 Filed 5–22–09; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL RESERVE SYSTEM 

Notice of Proposals to Engage in 

Permissible Nonbanking Activities or 

to Acquire Companies that are 

Engaged in Permissible Nonbanking 

Activities 

The companies listed in this notice 

have given notice under section 4 of the 

Bank Holding Company Act (12 U.S.C. 

1843) (BHC Act) and Regulation Y (12 

CFR Part 225) to engage de novo, or to 

acquire or control voting securities or