THIS INFORMATION IS NEEDED BY THE FDIC
TO EVALUATE REGULATORY PROPOSALS IN THE CONSUMER PROTECTION AREA,
TO ENHANCE THE ANALYSIS OF COMPETITION ASSOCIATED WITH BANK
APPLICATIONS FOR EXPANSION AND CONSOLIDATION, AND TO DISCHARGE
STATUTORY RESPONSIBILITIES FOR PROVIDING ADVICE CONCERNING THE
DEVELOPMENT OF ELECTRONIC FUNDS TRANSF SERVICES. IN ADDITION, THE
FEDERAL RESERVE BOARD WILL USE THE INFORMATION TO ENHANCE
INTERPRETATION OF MONETARY AGGREGATES.
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.