Interagency Charter and Federal Deposit Insurance Application

Forms and Documents

Document Name	Status
Interagency Charter and Federal Deposit Insurance Application Form and Instruction	Modified
2010-11454.pdf Supplementary Document	2010-05-13
SPST 0001 - 2010 renewal.DOC Supporting Statement A	2010-04-29
SPST0001 - FDIC policy.DOC Supplementary Document	2002-12-27

IC Document Collections

IC ID	Document Title	Status
31732	Interagency Charter and Federal Deposit Insurance Application Form and Instruction	Modified

ICR Details

OMB Control No: 3064-0001	ICR Reference No: 201002-3064-005
Status: Historical Active	Previous ICR Reference No: 200703-3064-014
Agency/Subagency: FDIC	Agency Tracking No:
Title: Interagency Charter and Federal Deposit Insurance Application
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 06/19/2010
	Date Received in OIRA: 05/13/2010
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2013	36 Months From Approved	06/30/2010
Responses	217	0	252
Time Burden (Hours)	27,125	0	31,500
Cost Burden (Dollars)	0	0	0

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Abstract: The Federal Deposit Insurance Act requires a proposed financial institution to apply to the FDIC to obtain deposit insurance. This collection provides FDIC with the information needed to evaluate applications for deposit insurance.

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Authorizing Statute(s): US Code: 12 USC 1816 Name of Law: FDI Act
   US Code: 12 USC 1815(A) Name of Law: Federal Deposit Insurance Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 10482	03/08/2010
30-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 26960	05/13/2010
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Interagency Charter and Federal Deposit Insurance Application	none	Interagency Charter and Federal Deposit Insurance Application

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	217	252	0	0	-35	0
Annual Time Burden (Hours)	27,125	31,500	0	0	-4,375	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The burden decrease of -4,375 hours is the result of a slight decline in the number of deposit insurance applications.

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Annual Cost to Federal Government: $4,082,400

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 05/13/2010

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