This request for
clearance is approved for use through November 1981. when these
forms are submitted for an extension of this approval, the
Supporting Statement shall explain the method of estimating and
calculating the reporting burden. The FHLBB is reminded that OMB
and FHLBB have been discussing this information collection for many
months. Therefore, the new submission shall also describe all the
alternatives considered by the FHLBB to reduce the burden and the
reasons each was accepted or rejected. It shall respond, with
reasons, to the following strategies to decrease the burden: a.
discontinue data collection and reporting for small S and Ls b.
discontinue data collection and reporting for small and
medium-sized S and Ls c. require data collection and reporting for
a sample of institutions d. require data collection and reporting
for a sample of applicants for loans e. require data collection and
reporting on other, less frequent, base f. require that the S and
Ls submit a copy of eaach register to the FHLBB, eliminating the
data tabulation and 1192-o, 1192-p, 1192-q, (this could be done in
conjunction with any of the above). The Supporting Statement shall
include an analysis of the program efforts implementing the Civil
Rights Act of 1968 by other federal agencies which regulate
financial institutions.
Inventory as of this Action
Requested
Previously Approved
11/30/1981
11/30/1981
12/31/1981
3,036,485
0
8,000
2,400,055
0
2,400,000
0
0
0
RECORDKEEPING REQUIRED BY CIVIL RIGHTS
ACT OF 1968 AND 12 CFR 202.12 AND 528.6. DATA REPORTS ARE TO
DETERMINE EXTENT OF COMPLIANCE WITH THESE LAWS AND REULATIONS.
OTHERWISE, DATA WOULD BE ASSEMBLED MANUALLY BY EXAMINERS AND
ANALYZED DURING EXAMINATION, INCREASING SUBSTANTIALLY THE
EXAMINATION COST TO THE INSTITUTION.
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.