PART 307 OF THE FDIC RULES AND
REGULATIONS IMPLEMENTS SECTION 8(Q) OF THE FEDERAL DEPOSIT
INSURANCE ACT, AND DESCRIBES THE PROCEDURES TO BE FOLLOWED BY A
BANK WHOSE INSURED STATUS HAS BEEN TERMINATED OTHER THAN BY AN
ACTION OF THE FDIC BOARD OF DIRECTORS. THE PROCEDURES INCLUDE
MAILING A PRESCRIBED NOTICE TO ITS DEPOSITORS AND PUBLISHING SAID
NOTICE IN A LOCAL NEWSPAPER. CERTIFICATION OF COMPLIANCE MUST THEN
BE SENT TO THE FDIC.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.