Bank Activities and Operations - 12 CFR 7

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Justification for No Material Change.doc	Justification for No Material/Nonsubstantive Change	Uploaded 2017-06-29	Available
1557-0204 Final.2docx.doc	Supporting Statement A	Uploaded 2015-05-07	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
227326	Investment in Bank Premises		New
20091	Bank Activities and Operations - 12 CFR 7		Unchanged

ICR Details

OMB Control No: 1557-0204	ICR Reference No: 201706-1557-007
Status: Historical Active	Previous ICR Reference No: 201503-1557-001
Agency/Subagency: TREAS/OCC	Agency Tracking No:
Title: Bank Activities and Operations - 12 CFR 7
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 07/12/2017
	Date Received in OIRA: 06/29/2017
Terms of Clearance:

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2018	10/31/2018	10/31/2018
Responses	1,450	0	1,300
Time Burden (Hours)	613	0	418
Cost Burden (Dollars)	0	0	0

---

Abstract: National banks need these collections of information to ensure that they conduct their operations in a safe and sound manner and in accordance with applicable Federal banking statutes and regulations. The collections of information provide needed information for examiners and provide protections for national banks. This ICR is being amended to move the investment in bank premises application and after-the-fact notice from the Licensing Manual (OMB Control No. 1557-0014). These requirements are found in part 7 and will now be located in this collection, which covers part 7. The requirements are unchanged.

---

Authorizing Statute(s): US Code: 12 USC 1 et seq., 71,71a, 92, 92a, 93 Name of Law: National Bank Act
  

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 6569	02/05/2015
30-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 27435	05/13/2015
Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 2

table that charts list of burden

IC Title	Form No.	Form Name
Investment in Bank Premises
Bank Activities and Operations - 12 CFR 7

---

ICR Summary of Burden

table that charts list 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	1,450	1,300	0	150	0	0
Annual Time Burden (Hours)	613	418	0	195	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The increase in burden is due to the addition of the burden attributed to investment in bank premises, which was moved, without change, from OMB Control No. 1557-0014.

---

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]? 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

---

Common Form ICR:  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:

(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: 06/29/2017

---