The Report is used to gather
information about individuals when the FDIC is required to evaluate
the general character and financial condition of persons who will
be involved in the management or control of financial
institutions.
US Code:
12
USC 1816 Name of Law: Federal Deposit Insurance Act
US Code: 12
USC 1817(j) Name of Law: Federal Deposit Insurance Act
US Code: 12
USC 1815(a) Name of Law: Federal Deposit Insurance Act
There have been fewer reports
processed annually, from 1769 reports to 619 reports, resulting in
a reduction in burden from 7076 hours to 2476 hours. This is due to
the severe economic downturn and the consequential impact on the
banking industry,
$123,800
No
No
No
No
No
Uncollected
Gary Kuiper 202 898-3877
gkuiper@fdic.gov
No
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.