Activities and Investments of Savings Associations

Forms and Documents

Document Name	Status
FR2-0104 Activities and Investments of Savings Associations 81 FR 60698 September 2 2016.pdf Supplementary Document	2016-09-08
FR1-0104 Activities and Investments of Savings Associations 81 FR 42353 June 29 2016.pdf Supplementary Document	2016-09-08
SPST-0104 Activities and Investments of Savings Associations 2016 Renewal.doc Supporting Statement A	2016-09-08

IC Document Collections

IC ID	Document Title	Status
31869	Activities and Investments of Savings Associations	Modified

ICR Details

OMB Control No: 3064-0104	ICR Reference No: 201609-3064-003
Status: Historical Active	Previous ICR Reference No: 201304-3064-005
Agency/Subagency: FDIC	Agency Tracking No: 3064-0104
Title: Activities and Investments of Savings Associations
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 01/02/2017
	Date Received in OIRA: 09/08/2016
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2020	36 Months From Approved	12/31/2016
Responses	19	0	80
Time Burden (Hours)	228	0	400
Cost Burden (Dollars)	0	0	0

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Abstract: State savings associations must furnish information to the FDIC to obtain approval or non-objection prior to engaging in certain activities or acquiring/retaining certain investments.

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Authorizing Statute(s): US Code: 12 USC 1831e and 1828(m) Name of Law: FDI Act
   US Code: 12 USC 5301 et seq Name of Law: Dodd-Frank Wall Street Reform And Consumer Protection Act
  

Citations for New Statutory Requirements: US Code: 12 USC 5301 et seq. Name of Law: Dodd-Frank Wall Street Reform And Consumer Protection Act

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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:
	81 FR 42353	06/29/2016
30-day Notice:	Federal Register Citation:	Citation Date:
	81 FR 60698	09/02/2016
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
Activities and Investments of Savings Associations

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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	19	80	0	0	-61	0
Annual Time Burden (Hours)	228	400	0	0	-172	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:

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Annual Cost to Federal Government:

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]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

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: 09/08/2016

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