National Survey of Unbanked and Underbanked Households

Forms and Documents

Document Name	Status
Form 6494/03 National Survey of Unbanked and Underbanked Households (English Version) Form and Instruction	Modified
Attachment D_CPS Design Methodology.pdf Supplementary Document	2013-03-19
Attachment C2 - Fact Sheet.pdf Supplementary Document	2013-03-19
Attachment C1 - Confidentiality Brochure.pdf Supplementary Document	2013-03-19
Attachment B - Advance Letter.pdf Supplementary Document	2013-03-19
2012_unbankedreport.pdf Supplementary Document	2013-03-19
2013 Proposed Revised Instrument - 3_20_13redlined.doc Supplementary Document	2013-03-21
Revisions to the Survey of Unbanked and Underbanked Households_Mar122013.docx Supplementary Document	2013-03-19
2013-06283.pdf Supplementary Document	2013-03-19
Household Survey SPST_Part_A(2013)_May 16_2013.docx Supporting Statement A	2013-05-16
2012-10-19_notice.pdf Supplementary Document	2013-03-12
Household_Survey_SPST_Pt_B (2013)_Mar12_2013.docx Supporting Statement B	2013-03-12

IC Document Collections

IC ID	Document Title	Status
186195	National Survey of Unbanked and Underbanked Households (English Version) Form and Instruction	Modified

ICR Details

OMB Control No: 3064-0167	ICR Reference No: 201303-3064-002
Status: Historical Active	Previous ICR Reference No: 201008-3064-006
Agency/Subagency: FDIC	Agency Tracking No:
Title: National Survey of Unbanked and Underbanked Households
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 05/16/2013
	Date Received in OIRA: 03/19/2013
Terms of Clearance: Per OMB suggestion, changes were made to the survey instrument to improve clarity.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	05/31/2016	36 Months From Approved	02/28/2014
Responses	45,000	0	46,500
Time Burden (Hours)	9,000	0	7,750
Cost Burden (Dollars)	0	0	0

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Abstract: This survey will next be administered as a supplement to the Bureau of the Census' Current Population Survey in June 2013 in response to a statutory mandate in section 7 of the Federal Deposit Insurance Reform Conforming Amendments Act of 2005 (Pub. L. 109-1730). The survey will collect data on unbanked (those who do not have an account at a bank or credit union) and underbanked (those who have a deposit account but who also rely on alternative, non-bank financial service providers for transaction or credit services)individuals.

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Authorizing Statute(s): PL: Pub.L. 109 - 173 7 Name of Law: Federal Deposit Insurance Reform Conforming Amendments Act of 2005
  

Citations for New Statutory Requirements: PL: Pub.L. 109 - 173 7 Name of Law: Federal Deposit Insurance Reform Conforming Amendments Act of 2005

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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:
	77 FR 64337	10/19/2012
30-day Notice:	Federal Register Citation:	Citation Date:
	78 FR 16853	03/19/2013
Did the Agency receive public comments on this ICR? Yes

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

IC Title	Form No.	Form Name
National Survey of Unbanked and Underbanked Households (English Version)	6494/03	National Survey of Unbanked and Underbanked Households

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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	45,000	46,500	0	-1,500	0	0
Annual Time Burden (Hours)	9,000	7,750	0	1,500	-250	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

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

Burden Reduction Due to:

Short Statement: The net increase in burden of 1,250 hours is the result of an adjustment of -250 hours reflecting a decrease in the estimated number of respondents and a program change of +1500 hours reflecting an increase of 2 minutes in the estimated time per response arising from revisions to the survey instrument.

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Annual Cost to Federal Government: $650,000

Does this IC contain surveys, censuses, or employ statistical methods? Yes Part B of Supporting Statement

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]? No

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: 03/19/2013

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