TREASURY/OFFICE
OF THE COMPTROLLER OF THE CURRENTY--TERMS OF CLEARNCE FOR THE
COMMUNITY REINVESTMENT ACT REGULATIONS NPRM NOT APPROVED AND
CONTINUED/COMMENT FILES. IN ORDER TO HAVE THE FULL BENEFIT OF THE
LARGE VOLUME OF PUBLIC COMMENTS, WE ARE WITHHOLDING APPROVAL AT
THIS TIME OF THE INFORMATION COLLECTIONS AND ARE ASKING OCC TO
CONSIDER THE ADVANTAGES AND DISADVANTAGES OF PLACING THE
INFORMATION REQUIREMENTS CONTAINED IN THE TABLES IN APPENDIX C OF
THE NPRM IN A SEPARATE INFORMATION COLLECTION.
Inventory as of this Action
Requested
Previously Approved
01/31/1997
01/31/1997
01/31/1997
3,450
0
3,450
56,471
0
56,471
0
0
0
THIS INFORMATION COLLECTION IS
REQUIRED BY THE COMMUNITY REINVESTMENT ACT. NATIONAL BANKS ARE
ENCOURAGED TO HELP MEET THE CREDIT NEEDS OF THEIR COMMUNITIES,
INCLUDING LOW- AND MODERATE-INCOME NEIGHBORHOODS. THE PUBLIC AND
THE OCC USE THE INFORMATION TO ASSESS THE BANK'S COMMUNITY LENDING
RECORD.
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.