60-Day Federal Register Notice

FR1 0092 - Community Reinvestment Act 85 FR 45635 July 29 2020.pdf

Community Reinvestment Act

60-Day Federal Register Notice

OMB: 3064-0092

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45635

Federal Register / Vol. 85, No. 146 / Wednesday, July 29, 2020 / Notices
p. Final amendments to the
application must be filed with the
Commission no later than 30 days from
the issuance date of the notice of ready
for environmental analysis.

Reduction Act of 1995 (PRA), invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of the existing
information collection described below
(OMB Control No. 3064–0092).

Dated: July 23, 2020.
Nathaniel J. Davis, Sr.,
Deputy Secretary.

DATES:

[FR Doc. 2020–16417 Filed 7–28–20; 8:45 am]

ADDRESSES:

Comments must be submitted on
or before September 28, 2020.

BILLING CODE 6717–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
[OMB No. 3064–0092]

Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:

The FDIC, as part of its
obligations under the Paperwork

SUMMARY:

Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• https://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: Manny Cabeza (202–898–
3767), Regulatory Counsel, MB–3128,
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 17th Street NW, building

(located on F Street), on business days
between 7:00 a.m. and 5:00 p.m.
All comments should refer to the
relevant OMB control number. A copy
of the comments may also be submitted
to the OMB desk officer for the FDIC:
Office of Information and Regulatory
Affairs, Office of Management and
Budget, New Executive Office Building,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Manny Cabeza, Regulatory Counsel,
202–898–3767, [email protected], MB–
3128, Federal Deposit Insurance
Corporation, 550 17th Street NW,
Washington, DC 20429.
SUPPLEMENTARY INFORMATION: Proposal
to renew the following currently
approved collections of information:
1. Title: Community Reinvestment
Act.
OMB Number: 3064–0092.
Form Number: None.
Affected Public: Insured state
nonmember banks and state savings
associations.

BURDEN ESTIMATE
Estimated
number of
respondents

Average
estimated time
per response

Total
estimated
annual burden

1

4

4

10

400

4,000

277

8

2,216

277

13

3,601

357

253

90,321

311

38

11,818

103

17

1,751

380

2

760

...............................................................................................................................
Small business/small farm loan register—Large banks shall and Small banks
may collect and maintain certain data in machine-readable form.
Optional consumer loan data—All banks may collect and maintain in machine
readable form certain data for consumer loans originated or purchased by a
bank for consideration under the lending test.
Other loan data—All banks optionally may provide other information concerning their lending performance, including additional loan distribution data.

........................
380

........................
219

114,471
83,220

10

26

3,260

103

25

2,575

...............................................................................................................................

........................

........................

89,055

Source and type of burden

Description

345.25(b) Reporting ...................

Request for designation as a wholesale or limited purpose bank—Banks requesting this designation shall file a request in writing with the FDIC at least
3 months prior to the proposed effective date of the designation.
Strategic plan—Applies to banks electing to submit strategic plans to the FDIC
for approval.
Small business/small farm loan data—Large banks shall and Small banks may
report annually in machine readable form the aggregate number and amount
of certain loans.
Community development loan data—Large banks shall and Small banks may
report annually, in machine readable form, the aggregate number and aggregate amount of community development loans originated or purchased.
Home mortgage loans—Large banks, if subject to reporting under part 203
(Home Mortgage Disclosure (HMDA)), shall, and Small banks may report the
location of each home mortgage loan application, origination, or purchase
outside the MSA in which the bank has a home/branch office.
Data on affiliate lending—Banks that elect to have the FDIC consider loans by
an affiliate, for purposes of the lending or community development test or an
approved strategic plan, shall collect, maintain and report the data that the
bank would have collected, maintained, and reported pursuant to
§ 345.42(a), (b), and (c) had the loans been originated or purchased by the
bank. For home mortgage loans, the bank shall also be prepared to identify
the home mortgage loans reported under HMDA.
Data on lending by a consortium or a third party—Banks that elect to have the
FDIC consider community development loans by a consortium or a third
party, for purposes of the lending or community development tests or an approved strategic plan, shall report for those loans the data that the bank
would have reported under § 345.42(b)(2) had the loans been originated or
purchased by the bank.
Assessment area data—Large banks shall and Small banks may collect and
report to the FDIC a list for each assessment area showing the geographies
within the area.

345.27 Reporting .......................
345.42(b)(1) Reporting ..............

345.42(b)(2) Reporting ..............

345.42(b)(3) Reporting ..............

345.42(d) Reporting ...................

345.42(e) Reporting ...................

345.42(g) Reporting ...................

Total Reporting ...................
345.42(a) Recordkeeping ..........
345.42(c) Recordkeeping ..........

345.42(c)(2) Recordkeeping ......

Total Recordkeeping ..........

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45636

Federal Register / Vol. 85, No. 146 / Wednesday, July 29, 2020 / Notices
BURDEN ESTIMATE—Continued

Source and type of burden
345.41(a) 345.43(a); (a)(1);
(a)(2); (a)(3); (a)(4); (a)(5);
(a)(6); (a)(7); (b)(1); (b)(2);
(b)(3); (b)(4); (b)(5); (c); (d)
Disclosure.

Estimated
number of
respondents

Description

Average
estimated time
per response

Total
estimated
annual burden

Content and availability of public file—All banks shall maintain a public file that
contains certain required information.

3,309

10

33,090

Total Disclosure ..................

...............................................................................................................................

........................

........................

33,090

Total Estimated Annual
Burden.

...............................................................................................................................

........................

........................

236,616 hours

General Description of Collection: The
Community Reinvestment Act
regulation requires the FDIC to assess
the record of banks and thrifts in
helping meet the credit needs of their
entire communities, including low- and
moderate-income neighborhoods,
consistent with safe and sound
operations; and to take this record into
account in evaluating applications for
mergers, branches, and certain other
corporate activities.
There is no change in the method or
substance of the collection. The overall
decrease in burden hours is a result of
the decrease in the estimated number of
respondents.
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, including the
validity of the methodology and
assumptions used; (c) ways to enhance
the quality, utility, and clarity of the
information to be collected; and (d)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
All comments will become a matter of
public record.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on July 23, 2020.
James P. Sheesley,
Acting Assistant Executive Secretary.
[FR Doc. 2020–16392 Filed 7–28–20; 8:45 am]
BILLING CODE 6714–01–P

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FEDERAL FINANCIAL INSTITUTIONS
EXAMINATION COUNCIL

designed for similar purposes is
prohibited at ASC meetings.

[Docket No. AS20–07]

James R. Park,
Executive Director.

Appraisal Subcommittee; Notice of
Meeting
Appraisal Subcommittee of the
Federal Financial Institutions
Examination Council.

[FR Doc. 2020–16425 Filed 7–28–20; 8:45 am]
BILLING CODE 6700–01–P

AGENCY:

ACTION:

Notice of special meeting.

Description: In accordance with
Section 1104 (b) of Title XI of the
Financial Institutions Reform, Recovery,
and Enforcement Act of 1989, as
amended, notice is hereby given that the
Appraisal Subcommittee (ASC) will
meet in open session for a Special
Meeting:
Location: Due to the COVID–19
Pandemic, the meeting will be open to
the public via live webcast only. Visit
the agency’s homepage (www.asc.gov)
and access the provided registration link
in the What’s New box. You MUST
register in advance to attend this
Meeting.
Date: July 29, 2020.
Time: 4:00 p.m.
Status: Open.
Action and Discussion Items: North
Dakota Request to Extend Commercial
Temporary Waiver Relief.
How to Attend and Observe an ASC
meeting: Due to the COVID–19
Pandemic, the meeting will be open to
the public via live webcast only. Visit
the agency’s homepage (www.asc.gov)
and access the provided registration link
in the What’s New box. The meeting
space is intended to accommodate
public attendees. However, if the space
will not accommodate all requests, the
ASC may refuse attendance on that
reasonable basis. The use of any video
or audio tape recording device,
photographing device, or any other
electronic or mechanical device

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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 public portions of the
applications listed below, as well as
other related filings required by the
Board, if any, are available for
immediate inspection at the Federal
Reserve Bank(s) indicated below and at
the offices of the Board of Governors.
This information may also be obtained
on an expedited basis, upon request, by
contacting the appropriate Federal
Reserve Bank and from the Board’s
Freedom of Information Office at
https://www.federalreserve.gov/foia/
request.htm. Interested persons may
express their views in writing on the
standards enumerated in the BHC Act
(12 U.S.C. 1842(c)).
Comments regarding each of these
applications must be received at the
Reserve Bank indicated or the offices of
the Board of Governors, Ann E.
Misback, Secretary of the Board, 20th
Street and Constitution Avenue NW,
Washington, DC 20551–0001, not later
than August 28, 2020.

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