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

Document Name	Status
Form OTS-1582 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
1550.0007.SS.2009.doc Supporting Statement A	2010-03-08

IC Document Collections

IC ID	Document Title	Status
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

ICR Details

OMB Control No: 1550-0007	ICR Reference No: 200910-1550-002
Status: Historical Active	Previous ICR Reference No: 200702-1550-002
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: 04/09/2010
	Date Received in OIRA: 03/08/2010
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2013	36 Months From Approved	04/30/2010
Responses	6	0	18
Time Burden (Hours)	24	0	72
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:
	75 FR 181	01/04/2010
30-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 10560	03/08/2010
Did the Agency receive public comments on this ICR? No

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

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

	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

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 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.

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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)? No

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: 03/08/2010

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