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.....

ICR 200910-1550-002

OMB: 1550-0007

Federal Form Document

ICR Details
1550-0007 200910-1550-002
Historical Active 200702-1550-002
TREAS/OTS
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.....
Extension without change of a currently approved collection   No
Regular
Approved without change 04/09/2010
Retrieve Notice of Action (NOA) 03/08/2010
  Inventory as of this Action Requested Previously Approved
04/30/2013 36 Months From Approved 04/30/2010
6 0 18
24 0 72
0 0 0

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.

None
None

Not associated with rulemaking

  75 FR 181 01/04/2010
75 FR 10560 03/08/2010
No

  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 6 18 0 0 -12 0
Annual Time Burden (Hours) 24 72 0 0 -48 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The OTS is citing a reduction (adjustment) in the inventory burden due to a reduction in the number of respondents. The application is reviewed to determine whether it meets applicable eligibility requirements for conversion and complies with applicable OTS policies. Applications are also reviewed to determine whether special conditions are needed to establish the institution’s authority to continue activities or investments permitted under state law but not authorized for a Federal association or mutual holding company.

$0
No
No
Uncollected
Uncollected
No
Uncollected
Don Dwyer 202 906-6414

  No

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.
03/08/2010


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