This information collection is needed
to evidence national bank eligibility for an exemption under the
Depository Institution Management Interlocks Act. National bank
management will use the information to determine whether it can
share a management official with a competing depository
institution. The OCC will use the information to ensure that a
proposed management interlock is permitted under statute and does
not have an anticompetitive effect.
US Code:
12 USC 3201-3208 Name of Law: Depository Institution Management
Interlocks Act
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.