Application for conversion from: a) OTS-regulated state chartered savings association to Federal savings association; b) National bank, commercial bank, state saving bank, or credit union to.....

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form OTS-1582 Application for Conversion of a Depository Institution to a Federal Stock or Mutual Savings Association	Form	Modified	Available
1550-0007 (Supporting Statement).pdf	Supporting Statement A	Uploaded 0000-00-00	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
19799	Application for conversion from: a) OTS-regulated state chartered savings association to Federal savings association; b) National bank, commercial bank, state saving bank, or credit union to.....	Form	Modified	Application for Conversion of a Depository Institution to a Federal Stock or Mutual Savings Association

ICR Details

OMB Control No: 1550-0007	ICR Reference No: 200702-1550-002
Status: Historical Active	Previous ICR Reference No: 200310-1550-005
Agency/Subagency: TREAS/OTS	Agency Tracking No:
Title: Application for conversion from: a) OTS-regulated state chartered savings association to Federal savings association; b) National bank, commercial bank, state saving bank, or credit union to.....
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 03/29/2007
Retrieve Notice of Action (NOA)	Date Received in OIRA: 02/15/2007
Terms of Clearance:

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2010	36 Months From Approved	03/31/2007
Responses	18	0	17
Time Burden (Hours)	72	0	68
Cost Burden (Dollars)	0	0	0

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Abstract: Section 5 of the Home Owners' Loan Act and 12 C.F.R. 543.8, 543.9, and 552.2-6 require OTS to act on requests by depository institutions proposing to convert to Federal savings association charters. With this renewal, OTS is making technical, nonsubstantive changes to Form 1582.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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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:
	71 FR 62048	10/20/2006
30-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 7513	02/15/2007
Did the Agency receive public comments on this ICR? Yes

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

table that charts list of burden

IC Title	Form No.	Form Name
Application for conversion from: a) OTS-regulated state chartered savings association to Federal savings association; b) National bank, commercial bank, state saving bank, or credit union to.....	OTS-1582	Application for Conversion of a Depository Institution to a Federal Stock or Mutual Savings Association

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ICR Summary of Burden

table that charts list 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	18	17	0	0	1	0
Annual Time Burden (Hours)	72	68	0	0	4	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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

Burden Increase Due to:

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

Burden Reduction Due to:

Short Statement: The increase in burden reflects a projected increase in applications received by OTS from 17 to 18 respondents.

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

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]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

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: 02/15/2007

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