Burden Chart

1550 0011 Burden Chart Feb 2011 (final).doc

General Reporting and Recordkeeping by Savings Associations

Burden Chart

OMB: 1550-0011

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Paperwork Reduction Act

Inventory of Information Collection Requirements

Associated with SF 83 Submission




Item No.



Description

Current/

Former

OMB No.

Action

Being

Taken

OMB

Inventory

Status

No. of

Respond-

ents

No. of

Annual

Responses

Total No.

of Yearly

Responses

No. of

Hours Per

Response

Total No.

of Hours

Yearly


Avg. Cost

Per Hour

Total

Yearly

Cost



Remarks

Records

Retention

Requirements

1



Sec. 552.11

Books and Records

Fed. Stock Associations

1550-0011

Adjustment

Current








Increase in base-line number of federal stock associations.

No limit (1)

Proposed

462

1

462

3

1,386

20.00

27,720

2



Sec. 545.96(c)

Agency Business Records

Fed. Associations

1550-0011

Adjustment

Current








Reduction in base-line number of federal savings associations.

No limit (1)

Proposed

680

1

680

1

680

20.00

13,600

3



Sec. 544.8

Notices Between members of Fed. Mutual Associations

1550-0011

Adjustment

Current








No change

No limit (1)

Proposed

279

0.25

70

2

140

20.00

2,800

4



Sec. 562.1

Regulatory Reporting

Requirements

1550-0011

Adjustment

Current








Reduction in base-line number of savings associations.

No limit (1)

Proposed

741

1

741

1

741

20.00

14,820

5



Sec. 563.1

Chartering documents

1550-0011

Adjustment

Current








Reduction in base-line number of savings associations.

No limit (1)

Proposed

2

1

2

2

4

40.00

160

6



Sec. 563.47(e)

Pension Plan Records


1550-0011

Adjustment

Current








Reduction in base-line number of savings associations.

No limit (1)

Proposed

117

1

117

100

11,700

20.00

234,000

7



Sec. 572.6(b)

Flood Disaster

Protection Records

1550-0011

Adjustment

Current








Reduction in base-line number of savings associations.

No limit (1)

Proposed

741

100

74,100

0.25

18,525

20.00

370,500

8



Sec. 562.4

Annual Independent

Audits

1550-0011

Adjustment

Current


1






Reduction in base-line number of savings associations.

No limit (1)

Proposed

331

1

331

20

6,620

10.00

66,200

9



Sec. 563.76(c)

Offers & Sales of Securities at an

Office of an SA

1550-0011

Adjustment

Current








Reduction in number of respondents.

No limit (1)

Proposed

33

850

28,050

0.25

7,012

20.00

140,251

10



Sec. 584.1(f)

Holding Companies

Registration, Exam. & Rpts.

1550-0011

Adjustment

Current








Reduction in base-line number of savings associations.

No limit (1)

Proposed

418

1

418

10

4180

10

41,800

11



Reg Z

1550-0011

Adjustment

Current








Reduction in base-line number of savings associations.

No limit (1)

Proposed

741

3520

2,608,320

1

2,608,320

10.00

26,083,200

12



Reg B

1550-0011

Adjustment

Current








Reduction in base-line number of savings associations.

No limit (1)

Proposed

741

39

28,899

5

144,495

10.00

1,444,950

13



Reg E

1550-0011

Adjustment

Current








Reduction in base-line number of savings associations.

No limit (1)

Proposed

741

156

115,596

7

809,172

10.00

8,091,720

14



Reg M

1550-0011

Adjustment

Current








Reduction in base-line number of savings associations.

OTS is relying on FRB’s

record retention requirements

for these

regulations

Proposed

741

2

1,482

7

10,374

10.00

103,740

15



Totals











Reduction in base-line number of savings associations.

Proposed



2,859,268


3,623,349


36,635,461

16














Reduction in base-line number of savings associations.









17














Reduction in base-line number of savings associations.









Where no limit is specified, the records should be maintained in accordance with basic business practices, as recommended by private counsel, accountants, etc., but no less than three years.

File Typeapplication/msword
File TitlePaperwork Reduction Act
AuthorMarilyn K. Burton
Last Modified ByIra Mills
File Modified2011-03-11
File Created2011-02-24

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