Justification for Nonmaterial Change
Lending Limits
12 CFR 32
OMB Control No. 1557-0221
The Office of the Comptroller of the Currency (OCC) amended its regulation governing lending limits for national banks to consolidate the lending limit rules applicable to national banks and savings associations and remove its separate regulation governing lending limits for savings associations. As a result, the OCC is making a nonmaterial change to this collection to increase the number of respondents to include savings associations.
Current Burden:
40 respondents x 1 response = 40 responses
40 responses x 26 burden hours = 1,040 burden hours
Revised Burden:
57 respondents x 1 response = 57 responses
57 responses x 26 burden hours = 1,482 burden hours
Difference:
+17 respondents; +17 responses = +442 burden hours
| File Type | application/vnd.openxmlformats-officedocument.wordprocessingml.document |
| Author | Administrator |
| File Modified | 0000-00-00 |
| File Created | 2021-01-29 |