60-day Federal Register Notice

Federal Register / Vol. 77, No. 203 / Friday, October 19, 2012 / Notices
regulations, rule crosswalks and EPA
guidance to determine whether the
request for revision is approvable.
Florida has chosen to not allow
certain options set forth in the federal
regulations, to extend time frames for
certain activities. There are specific
State regulatory provisions indicating
the State is not allowing the option to
extend those time frames. In addition,
Florida has chosen to implement an
optional federal requirement regarding
submittal of certain information. These
choices are consistent with and no less
stringent than the federal requirements.
EPA Action: The EPA is tentatively
approving this revision. If EPA does not
receive a timely and appropriate request
for a hearing and the Regional
Administrator does not elect to hold a
hearing on her own motion, this
tentative approval will become final and
effective on November 19, 2012.
FOR FURTHER INFORMATION CONTACT: Mr.
Larry Meyer, EPA, Region 4, Safe
Drinking Water Branch, at the address
given above, or by telephone at (404)
562–9449, or via email at meyer.larry@
epa.gov.
Authority: Section 1413 of the Safe
Drinking Water Act, as amended (1996), and
40 CFR part 142.
Dated: September 11, 2012.
Gwendolyn Keyes Fleming,
Regional Administrator.
[FR Doc. 2012–25794 Filed 10–18–12; 8:45 am]
BILLING CODE 6560–50–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Revision of
Information Collection; National
Survey of Unbanked and Underbanked
Households; Comment Request
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:

The FDIC, as part of its
continuing effort to reduce paperwork
and respondent burden and as required
by the Paperwork Reduction Act of 1995
(44 U.S.C. chapter 35), invites the
general public and other Federal
agencies to comment on the survey
collection instrument for its third
National Survey of Unbanked and
Underbanked Households (‘‘Household
Survey’’), currently approved under
OMB Control No. 3064–0167, scheduled
to be conducted in partnership with the
U.S. Census Bureau as a supplement to
its June 2013 Current Population Survey
(‘‘CPS’’). The collection is a key

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SUMMARY:

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component of the FDIC’s efforts to
comply with a Congressional mandate
contained in section 7 of the Federal
Deposit Insurance Reform Conforming
Amendments Act of 2005 (‘‘Reform
Act’’) (Pub. L. 109–173), which calls for
the FDIC to conduct ongoing surveys
‘‘on efforts by insured depository
institutions to bring those individuals
and families who have rarely, if ever,
held a checking account, a savings
account or other type of transaction or
check cashing account at an insured
depository institution (hereafter in this
section referred to as the ‘unbanked’)
into the conventional finance system.’’
Section 7 further instructs the FDIC to
consider several factors in its conduct of
the surveys, including: (1) ‘‘What
cultural, language and identification
issues as well as transaction costs
appear to most prevent ‘unbanked’
individuals from establishing
conventional accounts’’; and (2) ‘‘what
is a fair estimate of the size and worth
of the ‘‘unbanked’’ market in the United
States.’’ The household survey is
designed to address these factors and
provide a factual basis on the
proportions of unbanked households.
Such a factual basis is necessary to
adequately assess banks’ efforts to serve
these households as required by the
statutory mandate.
To satisfy the Congressional mandate,
the FDIC designed two complementary
surveys: a survey of FDIC-insured
depository institutions and a survey of
households. The survey of FDIC-insured
depository institutions, aimed at
collecting data on their efforts to serve
underbanked, as well as unbanked,
populations (underbanked populations
include individuals who have an
account with an insured depository but
also rely on non-bank alternative
financial service providers for
transaction services or high cost credit
products), was conducted in mid-2007
and again in 2011. The results of the
2007 survey were released in February
2008 and the results of the 2011 survey
are expected to be released in December
2012. The first survey of unbanked and
underbanked households was
conducted in January 2009 as a CPS
supplement and the results were
released to the public in December
2009. The second survey of unbanked
and underbanked households was
conducted in June 2011 and the results
were released to the public in
September 2012. The household survey
seeks to estimate the proportions of
unbanked and underbanked households
in the U.S. and to identify the factors
that inhibit the participation of these
households in the mainstream banking

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64337

system. The results of these ongoing
surveys will help policymakers and
bankers understand the issues and
challenges underserved households
perceive when deciding how and where
to conduct financial transactions. This
notice addresses the next Household
Survey.
Comments must be submitted on
or before December 18, 2012.
ADDRESSES: Interested parties are
invited to submit written comments by
any of the following methods. All
comments should refer to ‘‘National
Survey of Unbanked and Underbanked
Households’’:
• http://www.FDIC.gov/regulations/
laws/federal/.
• Email: [email protected]. Include
the name and number of the collection
in the subject line of the message.
• Mail: Leneta Gregorie (202–898–
3719), Counsel, Legal Division, Federal
Deposit Insurance Corporation, 550 17th
Street NW., Washington, DC 20429.
• 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 7:00 a.m. and 5:00 p.m.
FOR FURTHER INFORMATION CONTACT:
Interested members of the public may
obtain a copy of the survey and related
instructions by clicking on the link for
the National Unbanked and
Underbanked Household Survey on the
following Web page: http://
www.fdic.gov/regulations/laws/federal/
notices.html. Interested members of the
public may also obtain additional
information about the collection,
including a paper copy of the proposed
collection and related instructions,
without charge, by contacting Leneta
Gregorie at the address identified above,
or by calling (202) 898–3719.
SUPPLEMENTARY INFORMATION: The FDIC
is considering possible revisions to the
following collection of information:
Title: National Unbanked and
Underbanked Household Survey.
OMB Number: 3064–0167.
Frequency of Response: Once.
Affected Public: U.S. Households.
Estimated Number of Respondents:
50,000.
Average time per response: 10
minutes (0.166 hours) per respondent.
Estimated Total Annual Burden:
0.166 hours × 50,000 respondents =
8,334 hours.
DATES:

General Description of Collection
A mandate in section 7 of the Reform
Act requires the FDIC to conduct
ongoing surveys on efforts by banks to
bring unbanked individuals and
families into the conventional finance

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Federal Register / Vol. 77, No. 203 / Friday, October 19, 2012 / Notices

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system. Section 7 further instructs the
FDIC to consider several factors in its
conduct of the surveys, including the
size of the unbanked market in the
United States and the cultural, language
and identification issues as well as
transaction costs that appear to most
prevent unbanked individuals from
establishing conventional accounts. To
obtain this information, the FDIC
partnered with the U.S. Census Bureau,
which administered the Household
Survey supplement (‘‘FDIC
Supplement’) to households that
participated in the January 2009 and
June 2011 CPS. The FDIC supplement
has yielded significant data on the
extent and demographic characteristics
of the population that is unbanked or
underbanked, the use by this population
of alternative financial services, and the
reasons why some households do not
make greater use of traditional banking
services. The Household Survey was the
first survey of its kind to be conducted
at the national level. An executive
summary of the results of the first and
second Household Surveys, the full
reports, and the survey instruments can
be accessed through the following link:
http://www.economicinclusion.gov/
surveys/.
Consistent with the statutory mandate
to conduct the surveys on an ongoing
basis, the FDIC already has in place
arrangements for conduct of its third
Household Survey as a supplement to
the June 2013 CPS. However, prior to
finalizing the next survey instrument,
the FDIC seeks to solicit public
comment on whether changes to the
existing instrument are desirable and, if
so, to what extent. It should be noted
that, as a supplement of the CPS survey,
the Household Survey needs to adhere
to specific parameters that include
limits in the length and sensitivity of
the questions that can be asked of CPS
respondents. Specifically, there is a
strict limitation on the number of
questions permitted and the average
time required to complete the survey (10
minutes on average).
Request for Comment
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collection; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the information collection on
respondents, including through the use
of automated collection techniques or
other forms of information technology.

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The FDIC will consider all comments
to determine the extent to which the
information collection should be
modified prior to submission to OMB
for review and approval. After the
comment period closes, comments will
be summarized and/or included in the
FDIC’s request to OMB for approval of
the collection. All comments will
become a matter of public record.
Dated at Washington, DC, this 15th day of
October, 2012.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2012–25702 Filed 10–18–12; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
The notificants listed below have
applied under the Change in Bank
Control Act (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire shares of a bank
or bank holding company. The factors
that are considered in acting on the
notices are set forth in paragraph 7 of
the Act (12 U.S.C. 1817(j)(7)).
The notices are available for
immediate inspection at the Federal
Reserve Bank indicated. The notices
also will be available for inspection at
the offices of the Board of Governors.
Interested persons may express their
views in writing to the Reserve Bank
indicated for that notice or to the offices
of the Board of Governors. Comments
must be received not later than
November 5, 2012.
A. Federal Reserve Bank of
Minneapolis (Jacqueline G. King,
Community Affairs Officer) 90
Hennepin Avenue, Minneapolis,
Minnesota 55480–0291:
1. The Family Trust under the Last
Will and Testament of Charles M.
Johnson, Sr., dated March 13, 2007, and
Charles M. Johnson, Jr., individually
and as trustee of the Trust, Chatfield,
Minnesota; to acquire voting shares of
Johnson Bancshares, Inc., and thereby
indirectly acquire voting shares of Root
River State Bank, both in Chatfield,
Minnesota.
2. Brooke L. Distad, Kasson,
Minnesota, and Jeffrey C. Palmer,
Mantorville, Minnesota; to acquire and
retain voting shares of Palmer
Bancshares, Inc., and thereby indirectly
retain voting shares of Kasson State
Bank, both in Kasson, Minnesota.

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Board of Governors of the Federal Reserve
System, October 16, 2012.
Margaret McCloskey Shanks,
Associate Secretary of the Board.
[FR Doc. 2012–25775 Filed 10–18–12; 8:45 am]
BILLING CODE 6210–01–P

FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
The companies listed in this notice
have applied to the Board for approval,
pursuant to the Bank Holding Company
Act of 1956 (12 U.S.C. 1841 et seq.)
(BHC Act), Regulation Y (12 CFR part
225), and all other applicable statutes
and regulations to become a bank
holding company and/or to acquire the
assets or the ownership of, control of, or
the power to vote shares of a bank or
bank holding company and all of the
banks and nonbanking companies
owned by the bank holding company,
including the companies listed below.
The applications listed below, as well
as other related filings required by the
Board, are available for immediate
inspection at the Federal Reserve Bank
indicated. The applications will also be
available for inspection at the offices of
the Board of Governors. Interested
persons may express their views in
writing on the standards enumerated in
the BHC Act (12 U.S.C. 1842(c)). If the
proposal also involves the acquisition of
a nonbanking company, the review also
includes whether the acquisition of the
nonbanking company complies with the
standards in section 4 of the BHC Act
(12 U.S.C. 1843). Unless otherwise
noted, nonbanking activities will be
conducted throughout the United States.
Unless otherwise noted, comments
regarding each of these applications
must be received at the Reserve Bank
indicated or the offices of the Board of
Governors not later than November 15,
2012.
A. Federal Reserve Bank of Cleveland
(Nadine Wallman, Vice President) 1455
East Sixth Street, Cleveland, Ohio
44101–2566:
1. FirstMerit Corporation, Akron,
Ohio; to acquire 100 percent of the
voting shares of Citizens Republic
Bancorp, and thereby indirectly acquire
voting shares of Citizens Bank, both in
Flint, Michigan.
Board of Governors of the Federal Reserve
System, October 16, 2012.
Margaret McCloskey Shanks,
Associate Secretary of the Board.
[FR Doc. 2012–25774 Filed 10–18–12; 8:45 am]
BILLING CODE 6210–01–P

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