30-day Federal Register Notice

Federal Register / Vol. 74, No. 62 / Thursday, April 2, 2009 / Notices
address scientific issues facing the
Agency. The primary criteria to be used
in evaluating potential nominees will be
scientific and/or technical expertise,
knowledge, and experience. Additional
criteria that will be used to evaluate
technically qualified nominees will
include: the absence of financial
conflicts of interest; scientific credibility
and impartiality; availability and
willingness to serve; and the ability to
work constructively and effectively on
committees. The selection of new
members will also include
consideration of the collective breadth
and depth of scientific perspectives; a
balance of scientific perspectives;
continuity of knowledge and
understanding of EPA missions and
environmental programs; and diversity
factors (e.g. geographical areas and
professional affiliations) for each of the
chartered committees and
subcommittees.
Dated: March 27, 2009.
Vanessa T. Vu,
Director, Science Advisory Board Staff Office.
[FR Doc. E9–7432 Filed 4–1–09; 8:45 am]
BILLING CODE 6560–50–P

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE
CORPORATION
DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
Agency Information Collection
Activities: Submission for OMB
Review; Joint Comment Request

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AGENCIES: Office of the Comptroller of
the Currency (OCC), Treasury; Board of
Governors of the Federal Reserve
System (Board); Federal Deposit
Insurance Corporation (FDIC); and
Office of Thrift Supervision (OTS),
Treasury.
ACTION: Notice of information collection
to be submitted to OMB for review and
approval under the Paperwork
Reduction Act of 1995.
SUMMARY: In accordance with the
requirements of the Paperwork
Reduction Act of 1995 (44 U.S.C.
chapter 35), the OCC, the Board, the
FDIC, and the OTS (the ‘‘agencies’’) may
not conduct or sponsor, and the
respondent is not required to respond
to, an information collection unless it

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displays a currently valid Office of
Management and Budget (OMB) control
number. On December 23, 2008, the
agencies, under the auspices of the
Federal Financial Institutions
Examination Council (FFIEC), requested
public comment for 60 days on a
proposal to extend, with revision, the
Consolidated Reports of Condition and
Income (Call Report) for banks, the
Thrift Financial Report (TFR) for
savings associations, the Report of
Assets and Liabilities of U.S. Branches
and Agencies of Foreign Banks (FFIEC
002), and the Report of Assets and
Liabilities of a Non-U.S. Branch that is
Managed or Controlled by a U.S. Branch
or Agency of a Foreign (Non-U.S.) Bank
(FFIEC 002S), all of which are currently
approved collections of information.
The one comment received on this
proposal supported the proposed
revision, which the FFIEC and the
agencies will implement as proposed.
In addition, on September 23, 2008,
the OCC, the Board, and the FDIC
requested public comment for 60 days
on proposed revisions to the Call
Report. On October 1, 2008, the OTS
requested public comment for 60 days
on proposed revisions to the TFR. In
response to these requests, the agencies
received certain comments
recommending the collection of
additional deposit data related to
deposit insurance assessments. After
considering these comments and the
outcome of an FDIC rulemaking on
assessments, the FFIEC and the agencies
will add an item to the Call Report and
TFR schedules used to collect data used
for assessment purposes effective June
30, 2009.
DATES: Comments must be submitted on
or before May 4, 2009.
ADDRESSES: Interested parties are
invited to submit written comments to
any or all of the agencies. All comments,
which should refer to the OMB control
number(s), will be shared among the
agencies.
OCC: Communications Division,
Office of the Comptroller of the
Currency, Mailstop 2–3, Attention:
1557–0081, 250 E Street, SW.,
Washington, DC 20219. In addition,
comments may be sent by fax to (202)
874–5274, or by electronic mail to
[email protected]. You may
personally inspect and photocopy
comments at the OCC, 250 E Street,
SW., Washington, DC. For security
reasons, the OCC requires that visitors
make an appointment to inspect
comments. You may do so by calling
(202) 874–4700. Upon arrival, visitors
will be required to present valid
government-issued photo identification

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and submit to security screening in
order to inspect and photocopy
comments.
Board: You may submit comments,
which should refer to ‘‘Consolidated
Reports of Condition and Income (FFIEC
031 and 041)’’ or ‘‘Report of Assets and
Liabilities of U.S. Branches and
Agencies of Foreign Banks (FFIEC 002)
and Report of Assets and Liabilities of
a Non-U.S. Branch that is Managed or
Controlled by a U.S. Branch or Agency
of a Foreign (Non-U.S.) Bank (FFIEC
002S),’’ by any of the following
methods:
• Agency Web Site: http://
www.federalreserve.gov. Follow the
instructions for submitting comments
on the http://www.federalreserve.gov/
generalinfo/foia/ProposedRegs.cfm.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• E-mail:
[email protected].
Include reporting form number in the
subject line of the message.
• FAX: (202) 452–3819 or (202) 452–
3102.
• Mail: Jennifer J. Johnson, Secretary,
Board of Governors of the Federal
Reserve System, 20th Street and
Constitution Avenue, NW., Washington,
DC 20551.
All public comments are available from
the Board’s Web site at http://
www.federalreserve.gov/generalinfo/
foia/ProposedRegs.cfm as submitted,
unless modified for technical reasons.
Accordingly, your comments will not be
edited to remove any identifying or
contact information. Public comments
may also be viewed electronically or in
paper in Room MP–500 of the Board’s
Martin Building (20th and C Streets,
NW.,) between 9 a.m. and 5 p.m. on
weekdays.
FDIC: You may submit comments,
which should refer to ‘‘Consolidated
Reports of Condition and Income, 3064–
0052,’’ by any of the following methods:
• Agency Web Site: http://
www.fdic.gov/regulations/laws/federal/
propose.html. Follow the instructions
for submitting comments on the FDIC
Web site.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• E-mail: [email protected].
Include ‘‘Consolidated Reports of
Condition and Income, 3064–0052’’ in
the subject line of the message.
• Mail: Herbert J. Messite, (202) 898–
6834, Counsel, Attn: Comments, Room
F–1052, Federal Deposit Insurance
Corporation, 550 17th Street, NW.,
Washington, DC 20429.

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Federal Register / Vol. 74, No. 62 / Thursday, April 2, 2009 / Notices

• Hand Delivery: Comments may be
hand delivered to the guard station at
the rear of the 550 17th Street Building
(located on F Street) on business days
between 7 a.m. and 5 p.m.
Public Inspection: All comments
received will be posted without change
to http://www.fdic.gov/regulations/laws/
federal/propose.html including any
personal information provided.
Comments may be inspected at the FDIC
Public Information Center, Room E–
1002, 3501 Fairfax Drive, Arlington, VA
22226, between 9 a.m. and 5 p.m. on
business days.
OTS: You may submit comments,
identified by ‘‘1550–0023 (TFR:
Schedule DI Revisions),’’ by any of the
following methods:
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• E-mail address:
[email protected].
Please include ‘‘1550–0023 (TFR:
Schedule DI Revisions)’’ in the subject
line of the message and include your
name and telephone number in the
message.
• Fax: (202) 906–6518.
• Mail: Information Collection
Comments, Chief Counsel’s Office,
Office of Thrift Supervision, 1700 G
Street, NW., Washington, DC 20552,
Attention: ‘‘1550–0023 (TFR: Schedule
DI Revisions).’’
• Hand Delivery/Courier: Guard’s
Desk, East Lobby Entrance, 1700 G
Street, NW., from 9 a.m. to 4 p.m. on
business days, Attention: Information
Collection Comments, Chief Counsel’s
Office, Attention: ‘‘1550–0023 (TFR:
Schedule DI Revisions).’’
Instructions: All submissions received
must include the agency name and OMB
Control Number for this information
collection. All comments received will
be posted without change to the OTS
Internet Site at http://www.ots.treas.gov/
pagehtml.cfm?catNumber=67&an=1,
including any personal information
provided.
Docket: For access to the docket to
read background documents or
comments received, go to http://
www.ots.treas.gov/
pagehtml.cfm?catNumber=67&an=1. In
addition, you may inspect comments at
the Public Reading Room, 1700 G Street,
NW., by appointment. To make an
appointment for access, call (202) 906–
5922, send an e-mail to
[email protected], or send a
facsimile transmission to (202) 906–
7755. (Prior notice identifying the
materials you will be requesting will
assist us in serving you.) We schedule
appointments on business days between
10 a.m. and 4 p.m. In most cases,

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appointments will be available the next
business day following the date we
receive a request.
Additionally, commenters may send a
copy of their comments to the OMB
desk officer for the agencies by mail to
the Office of Information and Regulatory
Affairs, U.S. Office of Management and
Budget, New Executive Office Building,
Room 10235, 725 17th Street, NW.,
Washington, DC 20503, or by fax to
(202) 395–6974.
FOR FURTHER INFORMATION CONTACT: For
further information about the revisions
discussed in this notice, please contact
any of the agency clearance officers
whose names appear below. In addition,
copies of the Call Report, FFIEC 002,
and FFIEC 002S forms can be obtained
at the FFIEC’s Web site (http://
www.ffiec.gov/ffiec_report_forms.htm).
Copies of the TFR can be obtained from
the OTS’s Web site (http://
www.ots.treas.gov/
main.cfm?catNumber=2&catParent=0).
OCC: Mary Gottlieb, OCC Clearance
Officer, (202) 874–5090, Legislative and
Regulatory Activities Division, Office of
the Comptroller of the Currency, 250 E
Street, SW., Washington, DC 20219.
Board: Michelle E. Shore, Federal
Reserve Board Clearance Officer, (202)
452–3829, Division of Research and
Statistics, Board of Governors of the
Federal Reserve System, 20th and C
Streets, NW., Washington, DC 20551.
Telecommunications Device for the Deaf
(TDD) users may call (202) 263–4869.
FDIC: Herbert J. Messite, Counsel,
(202) 898–6834, Legal Division, Federal
Deposit Insurance Corporation, 550 17th
Street, NW., Washington, DC 20429.
OTS: Ira L. Mills, OTS Clearance
Officer, at [email protected], (202)
906–6531, or facsimile number (202)
906–6518, Litigation Division, Chief
Counsel’s Office, Office of Thrift
Supervision, 1700 G Street, NW.,
Washington, DC 20552.
SUPPLEMENTARY INFORMATION: The
agencies are proposing to revise and
extend for three years the Call Report,
the TFR, the FFIEC 002, and the FFIEC
002S, which are currently approved
collections of information.
1. Report Title: Consolidated Reports
of Condition and Income (Call Report).
Form Number: Call Report: FFIEC 031
(for banks with domestic and foreign
offices) and FFIEC 041 (for banks with
domestic offices only).
Frequency of Response: Quarterly.
Affected Public: Business or other forprofit.
OCC
OMB Number: 1557–0081.
Estimated Number of Respondents:
1,620 national banks.

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Estimated Time per Response: 46.83
burden hours.
Estimated Total Annual Burden:
303,454 burden hours.
Board
OMB Number: 7100–0036.
Estimated Number of Respondents:
877 state member banks.
Estimated Time per Response: 53.38
burden hours.
Estimated Total Annual Burden:
187,257 burden hours.
FDIC
OMB Number: 3064–0052.
Estimated Number of Respondents:
5,110 insured state nonmember banks.
Estimated Time per Response: 37.43
burden hours.
Estimated Total Annual Burden:
765,069 burden hours.
The estimated time per response for
the Call Report is an average that varies
by agency because of differences in the
composition of the institutions under
each agency’s supervision (e.g., size
distribution of institutions, types of
activities in which they are engaged,
and existence of foreign offices). The
average reporting burden for the Call
Report is estimated to range from 16 to
650 hours per quarter, depending on an
individual institution’s circumstances.
2. Report Title: Thrift Financial
Report (TFR).
Form Number: OTS 1313 (for savings
associations).
Frequency of Response: Quarterly;
Annually.
Affected Public: Business or other forprofit.
OTS
OMB Number: 1550–0023.
Estimated Number of Respondents:
774 savings associations.
Estimated Time per Response: 37
burden hours.
Estimated Total Annual Burden:
186,085 burden hours.
3. Report Titles: Report of Assets and
Liabilities of U.S. Branches and
Agencies of Foreign Banks; Report of
Assets and Liabilities of a Non-U.S.
Branch that is Managed or Controlled by
a U.S. Branch or Agency of a Foreign
(Non-U.S.) Bank.
Form Numbers: FFIEC 002; FFIEC
002S.
Board
OMB Number: 7100–0032.
Frequency of Response: Quarterly.
Affected Public: U.S. branches and
agencies of foreign banks.
Estimated Number of Respondents:
FFIEC 002–264; FFIEC 002S–65.
Estimated Time per Response: FFIEC
002—25.02 hours; FFIEC 002S—6
hours.

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Estimated Total Annual Burden:
FFIEC 002—26,421 hours; FFIEC 002S—
1,560 hours.

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General Description of Reports
These information collections are
mandatory: 12 U.S.C. 161 (for national
banks), 12 U.S.C. 324 (for state member
banks), 12 U.S.C. 1817 (for insured state
nonmember commercial and savings
banks), 12 U.S.C. 1464 (for savings
associations), and 12 U.S.C. 3105(c)(2),
1817(a), and 3102(b) (for U.S. branches
and agencies of foreign banks). The Call
Report and, except for selected data
items, the TFR and the FFIEC 002 are
not given confidential treatment. The
FFIEC 002S is given confidential
treatment. [5 U.S.C. § 552(b)(4)].
Abstracts
Call Report and TFR: Institutions
submit Call Report and TFR data to the
agencies each quarter for the agencies’
use in monitoring the condition,
performance, and risk profile of
individual institutions and the industry
as a whole. Call Report and TFR data
provide the most current statistical data
available for evaluating institutions’
corporate applications, for identifying
areas of focus for both on-site and offsite examinations, and for monetary and
other public policy purposes. The
agencies use Call Report and TFR data
in evaluating interstate merger and
acquisition applications to determine, as
required by law, whether the resulting
institution would control more than ten
percent of the total amount of deposits
of insured depository institutions in the
United States. Call Report and TFR data
are also used to calculate all
institutions’ deposit insurance and
Financing Corporation assessments,
national banks’ semiannual assessment
fees, and the OTS’s assessments on
savings associations.
FFIEC 002 and FFIEC 002S: On a
quarterly basis, all U.S. branches and
agencies of foreign banks are required to
file the FFIEC 002, which is a detailed
report of condition with a variety of
supporting schedules. This information
is used to fulfill the supervisory and
regulatory requirements of the
International Banking Act of 1978. The
data are also used to augment the bank
credit, loan, and deposit information
needed for monetary policy and other
public policy purposes. The FFIEC 002S
is a supplement to the FFIEC 002 that
collects information on assets and
liabilities of any non-U.S. branch that is
managed or controlled by a U.S. branch
or agency of the foreign bank. Managed
or controlled means that a majority of
the responsibility for business
decisions, including but not limited to

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decisions with regard to lending or asset
management or funding or liability
management, or the responsibility for
recordkeeping in respect of assets or
liabilities for that foreign branch resides
at the U.S. branch or agency. A separate
FFIEC 002S must be completed for each
managed or controlled non-U.S. branch.
The FFIEC 002S must be filed quarterly
along with the U.S. branch or agency’s
FFIEC 002. The data from both reports
are used for: (1) Monitoring deposit and
credit transactions of U.S. residents; (2)
monitoring the impact of policy
changes; (3) analyzing structural issues
concerning foreign bank activity in U.S.
markets; (4) understanding flows of
banking funds and indebtedness of
developing countries in connection with
data collected by the International
Monetary Fund and the Bank for
International Settlements that are used
in economic analysis; and (5) assisting
in the supervision of U.S. offices of
foreign banks. The Federal Reserve
System collects and processes these
reports on behalf of the OCC, the Board,
and the FDIC.
Current Actions
Section 141 of the Federal Deposit
Insurance Corporation Improvement Act
of 1991 (FDICIA), Public Law No. 102–
242 (Dec. 19, 1991), added Section
13(c)(4)(G) to the Federal Deposit
Insurance Act (FDI Act), 12 U.S.C.
1823(c)(4)(G). That section authorizes
action by the federal government in
circumstances involving a systemic risk
to the nation’s financial system. On
October 13, 2008, in response to the
unprecedented disruption in credit
markets and the resultant effects on the
abilities of banks to fund themselves
and to intermediate credit, the Secretary
of the Treasury (after consultation with
the President) made a determination of
systemic risk following receipt of the
written recommendation of the FDIC
Board, along with the written
recommendation of the Federal Reserve
Board, in accordance with Section
13(c)(4)(G). The systemic risk
determination allows the FDIC to take
certain actions to avoid or mitigate
serious adverse effects on economic
conditions or financial stability.
Pursuant to the systemic risk
determination, the FDIC Board
established the Temporary Liquidity
Guarantee (TLG) Program.
To facilitate the FDIC’s administration
of the TLG Program, the FDIC Board
approved an interim rule on October 23,
2008,1 and (after a 15-day comment

period that ended on November 13,
2008) a final rule on November 21,
2008.2 The TLG Program comprises (1)
a Debt Guarantee Program under which,
in general, the FDIC will guarantee
certain newly-issued senior unsecured
debt issued by participating entities on
or after October 14, 2008, through and
including June 30, 2009, up to a
specified limit; and (2) a Transaction
Account Guarantee Program under
which the FDIC will provide a 100
percent guarantee of certain noninterestbearing transaction accounts held by
participating insured depository
institutions through December 31, 2009.
The TLG Program includes a system of
fees to be paid by participating entities
for such guarantees beginning
November 13, 2008.
In order for the FDIC to calculate the
fees to be assessed under the
Transaction Account Guarantee
Program, the FDIC needs to collect
information from participating insured
depository institutions on the amount
and number of noninterest-bearing
transaction accounts, as defined in the
final rule, of more than $250,000. Given
the nature of these data items, the best
method for obtaining this information
from participating institutions is
through the Call Report, the TFR, and
the FFIEC 002. Accordingly, the
agencies submitted an emergency
clearance request to OMB seeking
approval to begin collecting these two
data items in these reports as of
December 31, 2008. OMB approved this
emergency clearance request on
November 26, 2008. OMB’s approval of
the agencies’ emergency clearance
request expires on May 31, 2009. On
December 23, 2008, the agencies
requested comment under OMB’s
normal clearance procedures on the
proposed collection of these two items
each quarter from institutions
participating in the Transaction
Account Guarantee Program until the
program ends (73 FR 78794). These new
items have been added to the Call
Report as Memorandum items 4.a and
4.b of Schedule RC–O, to the TFR as
items DI570 and DI575 of Schedule DI,
and to the FFIEC 002 as Memorandum
items 6.a and 6.b of Schedule O.3
The agencies received one comment
letter on the proposed new items
pertaining to the Transaction Account
Guarantee Program. This commenter, a
bankers’ organization, supported the
addition of these new items to the Call
Report, the TFR, and the FFIEC 002. The
2 73

1 73

FR 64179, October 29, 2008. The FDIC
amended the interim rule effective November 4,
2008. 73 FR 66160, November 7, 2008.

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FR 72244, November 26, 2008.
March 31, 2009, these two FFIEC 002
items will be renumbered as Memorandum items
4.a and 4.b of Schedule O.
3 Effective

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agencies will continue to collect these
items, for which they received
emergency approval from OMB, until
the Transaction Account Guarantee
Program ends.
In addition, on September 23, 2008,
the OCC, the Board, and the FDIC
requested public comment for 60 days
on proposed revisions to the Call Report
for implementation on a phased-in basis
during 2009 (73 FR 54807). On October
1, 2008, the OTS requested public
comment for 60 days on proposed
revisions to the TFR that would also
take effect on a phased-in basis during
2009 (73 FR 57205). In response to these
requests, the agencies received certain
comments recommending the collection
of additional deposit data related to
deposit insurance assessments even
though the agencies had not proposed to
collect these additional data in their
proposals. More specifically, one
bankers’ organization recommended
that the Call Report and the TFR be
revised to require ‘‘reciprocal
deposits’’ 4 to be reported separately
from brokered deposits. This bankers’
organization also commented on the
reporting of certain sweep accounts
from other institutions, including
affiliated institutions, in the Call Report
and the TFR.
The impetus for the bankers’
organization’s comments about the
reporting of these two types of deposits
was a Notice of Proposed Rulemaking
(NPR) on which the FDIC was
simultaneously requesting comment
concerning amendments to its deposit
insurance assessment regulations (12
CFR part 327).5 In the NPR, the FDIC
proposed to alter the way in which it
differentiates for risk in the risk-based
assessment system; revise deposit
insurance assessment rates, including
base assessment rates; and make
technical and other changes to the rules
governing the risk-based assessment
system. In its comment letters to the
agencies on the proposed Call Report
and TFR revisions, the bankers’
organization observed that the Call
Report and the TFR may need to be
revised depending on the FDIC’s
decisions on the treatment of these
accounts for deposit insurance
assessment purposes.
4 The organization also recommended that
‘‘reciprocal deposit’’ be defined as a deposit
‘‘obtained when an insured depository institution
exchanges funds, dollar-for-dollar, with members of
a network of other insured depository institutions,
where each member of the network sets the interest
rate to be paid on the entire amount of funds it
places with other network members, and all funds
placed through the network are fully insured by the
FDIC.’’
5 73 FR 61560, October 16, 2008.

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The FFIEC and the agencies have
monitored the outcome of the FDIC’s
rulemaking for assessments and the
need for new Call Report data items for
reciprocal deposits and certain sweep
accounts to support any modifications
that the FDIC makes in its risk-based
assessment system in a final rule. In this
regard, on February 27, 2009, the FDIC
Board of Directors adopted a final rule
that revised the FDIC’s assessment
regulations effective April 1, 2009. For
institutions in Risk Category I of the
risk-based assessment system, the final
rule introduces a new financial ratio
into the financial ratios method. This
method determines the assessment rates
for most institutions in Risk Category I
using a combination of weighted
Uniform Financial Institutions Rating
System component ratings and certain
financial ratios. The new ratio will
capture brokered deposits (in excess of
10 percent of domestic deposits) that are
used to fund rapid asset growth, but it
will exclude brokered deposits that an
institution receives through a deposit
placement network on a reciprocal basis
(reciprocal deposits).
To enable the FDIC to adjust banks’
and savings associations’ brokered
deposits, which are already reported in
the Call Report and the TFR, for any
reciprocal deposits included therein, the
agencies will add an item to the
schedules in these two reports in which
data are reported for assessment
purposes (Schedules RC–O and DI,
respectively). The definition of
reciprocal deposits in the FDIC’s final
rule 6 would be used for this new item,
which would be collected in the Call
Report and the TFR beginning June 30,
2009. The addition of this reciprocal
deposits item to the Call Report and the
TFR is responsive to the previously
mentioned comments received from a
bankers’ organization when the agencies
requested comments on proposed
revisions to the Call Report and the TFR
for implementation in 2009.
In its final rule on assessments, the
FDIC decided not to adjust brokered
deposits for balances swept into an
insured institution by a nondepository
institution. Accordingly, the FFIEC and
the agencies are not revising the Call
Report and the TFR to collect data on
such sweep accounts.

Request for Comment
Public comment is requested on all
aspects of this joint notice. Comments
are invited on:
(a) Whether the proposed revisions to
the collections of information that are
the subject of this notice are necessary
for the proper performance of the
agencies’ functions, including whether
the information has practical utility;
(b) The accuracy of the agencies’
estimates of the burden of the
information collections as they are
proposed to be revised, including the
validity of the methodology and
assumptions used;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
information collections on respondents,
including through the use of automated
collection techniques or other forms of
information technology; and
(e) Estimates of capital or start up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Comments submitted in response to
this joint notice will be shared among
the agencies. All comments will become
a matter of public record.
Dated: March 20, 2009.
Michele Meyer,
Assistant Director, Legislative and Regulatory
Activities Division, Office of the Comptroller
of the Currency.
Board of Governors of the Federal Reserve
System, March 27, 2009.
Robert deV. Frierson,
Deputy Secretary of the Board.
Dated at Washington, DC, this 25th day of
March, 2009.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
Dated: March 24, 2009.
Deborah Dakin,
Senior Deputy Chief Counsel, Regulations and
Legislation Division, Office of Thrift
Supervision.
[FR Doc. E9–7361 Filed 4–1–09; 8:45 am]
BILLING CODE 4810–33–P, 6210–01–P, 6714–01–P,
6720–01–P

FEDERAL RESERVE SYSTEM
6 The

final rule defines ‘‘reciprocal deposits’’ as
‘‘[d]eposits that an insured depository institution
receives through a deposit placement network on a
reciprocal basis, such that: (1) For any deposit
received, the institution (as agent for depositors)
places the same amount with other insured
depository institutions through the network; and (2)
each member of the network sets the interest rate
to be paid on the entire amount of funds it places
with other network members.’’

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Proposed Agency Information
Collection Activities; Comment
Request
AGENCY: Board of Governors of the
Federal Reserve System.
SUMMARY:

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02APN1