30 day 76 FR 69269

Federal Register / Vol. 76, No. 216 / Tuesday, November 8, 2011 / Notices
approval under the Paperwork
Reduction Act.

FARM CREDIT ADMINISTRATION
Farm Credit Administration Board;
Sunshine Act; Regular Meeting
AGENCY:

Farm Credit Administration.

Notice is hereby given,
pursuant to the Government in the
Sunshine Act (5 U.S.C. 552b(e)(3)), of
the regular meeting of the Farm Credit
Administration Board (Board).
DATE AND TIME: The regular meeting of
the Board will be held at the offices of
the Farm Credit Administration in
McLean, Virginia, on November 9, 2011,
from 9 a.m. until such time as the Board
concludes its business.
FOR FURTHER INFORMATION CONTACT: Dale
L. Aultman, Secretary to the Farm
Credit Administration Board, (703) 883–
4009, TTY (703) 883–4056.
ADDRESSES: Farm Credit
Administration, 1501 Farm Credit Drive,
McLean, Virginia 22102–5090.
SUPPLEMENTARY INFORMATION: Parts of
this meeting of the Board will be open
to the public (limited space available),
and parts will be closed to the public.
In order to increase the accessibility to
Board meetings, persons requiring
assistance should make arrangements in
advance. The matters to be considered
at the meeting are:
SUMMARY:

Open Session
A. Approval of Minutes
• October 13, 2011
B. New Business
• Liquidity and Funding—Proposed
Rule
C. Report
• OMS Quarterly Report
Closed Session*
• OSMO Quarterly Report
Dated: November 4, 2011.
Dale L. Aultman,
Secretary, Farm Credit Administration Board.

* Session Closed-Exempt pursuant to
5 U.S.C. 552b(c)(8) and (9).
[FR Doc. 2011–29040 Filed 11–4–11; 4:15 pm]
BILLING CODE 6705–01–P

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FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Submission for OMB
Review; Comment Request
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice of information collection
to be submitted to OMB for review and
AGENCY:

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In accordance with
requirements of the Paperwork
Reduction Act of 1995 (‘‘PRA’’), 44
U.S.C. 3501 et seq., the FDIC may not
conduct or sponsor, and the respondent
is not required to respond to, an
information collection unless it displays
a currently valid Office of Management
and Budget (OMB) control number. The
FDIC, as part of its continuing effort to
reduce paperwork and respondent
burden, invites the general public and
other Federal agencies to take this
opportunity to comment on the renewal
of existing information collections, as
required by the PRA. On August 22,
2011 (76 FR 52326), the FDIC solicited
public comment for a 60-day period on
renewal of the following information
collection: Account Based Disclosures
in Connection with Federal Reserve
Regulations E, CC, and DD (OMB No.
3064–0084). No comments were
received. Therefore, the FDIC hereby
gives notice of submission of its
requests for renewal to OMB for review.
DATES: Comments must be submitted on
or before December 8, 2011.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• http://www.FDIC.gov/regulations/
laws/federal/notices.html
• Email: comments@fdic.gov Include
the name of the collection in the subject
line of the message.
• Mail: Leneta G. Gregorie (202) 898–
3719), Counsel, Room F–1084, Federal
Deposit Insurance Corporation, 550 17th
Street NW., Washington, DC 20429.
• Hand Delivery: Comments may be
hand-delivered to the guard station at
the rear of the 17th Street Building
(located on F Street), on business days
between 7 a.m. and 5 p.m.
All comments should refer to the
relevant OMB control number. A copy
of the comments may also be submitted
to the OMB desk officer for the FDIC:
Office of Information and Regulatory
Affairs, Office of Management and
Budget, New Executive Office Building,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Leneta G. Gregorie, at the FDIC address
above.
SUPPLEMENTARY INFORMATION:
SUMMARY:

Proposal To Renew the Following
Currently Approved Collection of
Information
1. Title: Account Based Disclosures in
Connection with Federal Reserve
Regulations E, CC, and DD.

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69269

OMB Number: 3064–0084.
Frequency of Response: On occasion.
Affected Public: State chartered banks
that are not members of the Federal
Reserve System.
Number of Respondents: 4,632.
Burden per Response: Varied
Annual Burden: Regulation E—
2,664,895 hours; Regulation CC—
471,551 hours; and Regulation DD—
325,398 hours.
General Description of Collection:
This FDIC information collection
provides for the application of
Regulations E (Electronic Fund
Transfers), CC (Availability of Funds),
and DD (Truth in Savings) to State
nonmember banks. Regulations E, CC,
and DD are issued by the Federal
Reserve Board of Governors (FRB) to
ensure, among other things, that
consumers are provided adequate
disclosures regarding accounts,
including electronic fund transfer
services, availability of funds, and fees
and annual percentage yield for deposit
accounts. Generally, the Regulation E
disclosures are designed to ensure
consumers receive adequate disclosure
of basic terms, costs, and rights relating
to electronic fund transfer (EFT)
services provided to them so that they
can make informed decisions.
Institutions offering EFT services must
disclose to consumers certain
information, including: initial and
updated EFT terms, transaction
information, the consumer’s potential
liability for unauthorized transfers, and
error resolution rights and procedures.
Like Regulation E, Regulation CC has
consumer protection disclosure
requirements. Specifically, Regulation
CC requires depository institutions to
make funds deposited in transaction
accounts available within specified time
periods, disclose their availability
policies to customers, and begin
accruing interest on such deposits
promptly. The disclosures are intended
to alert customers that their ability to
use deposited funds may be delayed,
prevent unintentional (and costly)
overdrafts, and allow customers to
compare the policies of different
institutions before deciding at which
institution to deposit funds. Depository
institutions must also provide an
awareness disclosure regarding
substitute checks. The regulation also
requires notice to the depositary bank
and to a customer of nonpayment of a
check. Regulation DD also has similar
consumer protection disclosure
requirements that are intended to assist
consumers in comparing deposit
accounts offered by institutions,
principally through the disclosure of
fees, the annual percentage yield, and

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69270

Federal Register / Vol. 76, No. 216 / Tuesday, November 8, 2011 / Notices

other account terms. Regulation DD
requires depository institutions to
disclose yields, fees, and other terms
concerning deposit accounts to
consumers at account opening, upon
request, and when changes in terms
occur.
Depository institutions that provide
periodic statements are required to
include information about fees imposed,
interest earned, and the annual
percentage yield (APY) earned during
those statement periods. It also contains
rules about advertising deposit
accounts. Although the FRB regulations
require institutions to retain evidence of
compliance with the disclosure
requirements, the regulations do not
specify the types of records that must be
retained.
Request for Comment
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collection,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the information collection on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
All comments will become a matter of
public record.
Dated at Washington, DC, this 2nd day of
November 2011.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2011–28812 Filed 11–7–11; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION

Proposal To Renew the Following
Currently Approved Collection of
Information

Agency Information Collection
Activities: Submission for OMB
Review; Comment Request
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice of information collection
to be submitted to OMB for review and
approval under the Paperwork
Reduction Act.

mstockstill on DSK4VPTVN1PROD with NOTICES

AGENCY:

In accordance with
requirements of the Paperwork
Reduction Act of 1995 (‘‘PRA’’), 44
U.S.C. 3501 et seq., the FDIC may not
conduct or sponsor, and the respondent
is not required to respond to, an

SUMMARY:

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16:29 Nov 07, 2011

Jkt 226001

information collection unless it displays
a currently valid Office of Management
and Budget (OMB) control number. The
FDIC, as part of its continuing effort to
reduce paperwork and respondent
burden, invites the general public and
other Federal agencies to take this
opportunity to comment on the renewal
of existing information collections, as
required by the PRA. On August 22,
2011 (76 FR 52326), the FDIC solicited
public comment for a 60-day period on
renewal of the following information
collection: Notification of Performance
of Bank Services. No comments were
received. Therefore, the FDIC hereby
gives notice of submission of its
requests for renewal to OMB for review.
DATES: Comments must be submitted on
or before December 8, 2011.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• http://www.FDIC.gov/regulations/
laws/federal/notices.html.
• Email: comments@fdic.gov Include
the name of the collection in the subject
line of the message.
• Mail: Leneta G. Gregorie (202) 898–
3719), Counsel, Room F–1084, Federal
Deposit Insurance Corporation, 550 17th
Street NW., Washington, DC 20429.
• Hand Delivery: Comments may be
hand-delivered to the guard station at
the rear of the 17th Street Building
(located on F Street), on business days
between 7 a.m. and 5 p.m.
All comments should refer to the
relevant OMB control number. A copy
of the comments may also be submitted
to the OMB desk officer for the FDIC:
Office of Information and Regulatory
Affairs, Office of Management and
Budget, New Executive Office Building,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Leneta G. Gregorie, at the FDIC address
above.
SUPPLEMENTARY INFORMATION:

1. Title: Notification of Performance of
Bank Services.
OMB Number: 3064–0029.
Form Number: FDIC 6120/06.
Frequency of Response: On occasion.
Affected Public: Business or other
financial institutions.
Estimated Number of Respondents:
400
Estimated Time per Response: 1⁄2
hour.
Total Annual Burden: 200 hours.
General Description of Collection:
Insured state nonmember banks are

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required to notify the FDIC, under
section 7 of the Bank Service
Corporation Act (12 U.S.C. 1867), of the
relationship with a bank service
corporation. Form 6120/06 (Notification
of Performance of Bank Services) may
be used by banks to satisfy the
notification requirement.
Request for Comment
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collection,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the information collection on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
All comments will become a matter of
public record.
Dated at Washington, DC, this 2nd day of
November 2011.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2011–28813 Filed 11–7–11; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
Update to Notice of Financial
Institutions for Which the Federal
Deposit Insurance Corporation Has
Been Appointed Either Receiver,
Liquidator, or Manager
Federal Deposit Insurance
Corporation.
ACTION: Update listing of financial
institutions in liquidation.
AGENCY:

Notice is hereby given that
the Federal Deposit Insurance
Corporation (Corporation) has been
appointed the sole receiver for the
following financial institutions effective
as of the Date Closed as indicated in the
listing. This list (as updated from time
to time in the Federal Register) may be
relied upon as ‘‘of record’’ notice that
the Corporation has been appointed
receiver for purposes of the statement of
policy published in the July 2, 1992
issue of the Federal Register (57 FR
29491). For further information
concerning the identification of any
institutions which have been placed in
liquidation, please visit the Corporation
Web site at http://www.fdic.gov/bank/

SUMMARY:

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