TITLE II OF THE GARN-ST GERMAIN
DEPOSITORY INSITUTIONS ACT OF 1982 AUTHORIZES THE FDIC TO
SUPPLEMENT THE CAPITAL STRUCTURE OF QUALIFYING BANKS THROUGH THE
PURCHASE OF FDIC OF "NET WORTH CERTIFICATES." THIS APPLICATION
REQUIREMENT IS DESIGNED TO FURNISH THE NECESSARY INFORMATI IN ORDER
TO ESTABLISH ELIGIBILITY UNDER THE CERTIFICATE ASSISTANCE
PROGRAM.
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.