Although the
information requested by this Examination Advance Package is
extensive, this request is approved for two years because OMB
recognizes that the condition of the S&L industry requires the
FHLBB to closely monitor these institutions. However, because of
the changes the industry is experiencing, we expect the FHLBB will
reevaluate this package prior to three years, and therefore the
clearance is for two years instead of three. In that time, if the
industry outlook improves, we believe a reduction of required
information may be attainable.
Inventory as of this Action
Requested
Previously Approved
04/30/1986
04/30/1986
04/30/1984
2,640
0
3,300
85,643
0
104,156
0
0
0
12 CFR 563.17-1 REQUIRES FSLIC-INSURED
INSTITUTIONS TO BE EXAMINED PERIODICALLY. THIS ENTAILS DETAILED
ANALYSIS OF BUSINESS TRANSACTIONS AND REVIEW OF RECORDS FOR
REGULATORY COMPLIANCE. INSTITUTIONS ARE REQUESTED TO COMPLETE
MATERIALS FOR EACH REGULAR EXAMINATION IN ORDER TO FACILITATE AND
ENHANCE THE EXAMINER'S REVIEW AND TO MINIMIZE COST AND BUSINESS
INTERRUPTION TO THE INSTITUTION.
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.