REPORT COLLECTS INFORMATION ON DEBITS
TO DEMAND AND SAVINGS DEPOSIT ACCOUNTS FROM A SAMPLE OF MEMBER
BANKS. DEBITS INFORMATION IS USED IN FORMULATING BANKING AND CREDIT
POLICIES. THESE DATA ARE ALSO USED IN CONJUNCTION WITH OTHER DATA
TO INTERPRET MONEY-STOCK MOVEMENTS AND TO DETERMINE THE TURNOVER
RATE FOR VARIOUS SECTORS OF ECONOMY. THE REPORT WILL BE REVISED TO
REFLECT THE NEW MONEY MARKET DEP. ACCT. APPD. BY THE DIDC TO BE
EFFECTIVE DECEMBER 14, 1982.
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.