Due to concerns
regarding its practical utility, the new Schedule SB is approved
for use only through December 31, 1993. Before submitting it for
renewal, the OTS must include a detailed assessment of this mea of
complying with FDICIA Section 122 and possible alternatives.
Inventory as of this Action
Requested
Previously Approved
12/31/1993
12/31/1993
08/31/1995
25,200
0
25,200
557,340
0
551,040
0
0
0
OTS COLLECTS FINANCIAL DATA FROM
INSURED INSTITUTIONS AND THEIR SUBSIDIARIES IN ORDER TO ASSURE
THEIR SAFETY AND SOUNDNESS AS DEPOSITORIES OF THE PERSONAL SAVINGS
OF THE GENERAL PUBLIC. THE OTS MONITORS TRENDS IN FINANCIAL
POSITIONS SO THAT ADVERSE CONDITIONS CAN REMINDED PROMPTLY. THE
RESPONDENTS ARE PRIMARILY SAVINGS ASSOCIATIONS
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.