30-Day Federal Register Notice

FR2 BSA BPA Compliance 90 FR 20672 May 15 2025.pdf

Procedures for Monitoring Bank Protection Act and Bank Secrecy Act Compliance

30-Day Federal Register Notice

OMB: 3064-0095

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20672

Federal Register / Vol. 90, No. 93 / Thursday, May 15, 2025 / Notices

inform any potential staff
recommendations and alternatives for
the Board to consider regarding shortand long-term actions and/or updates to
federal accounting standards and
guidance in this area.
Authority: 31 U.S.C. 3511(d); Federal
Advisory Committee Act, 5 U.S.C.
1001–1014).
Dated: May 12, 2025.
Monica R. Valentine,
Executive Director.
[FR Doc. 2025–08614 Filed 5–14–25; 8:45 am]
BILLING CODE 1610–02–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
[OMB No. 3064–0095; –0218]

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:

Reduction Act of 1995, invites the
general public and other Federal
agencies to take this opportunity to
comment on the request to renew the
existing information collections
described below (OMB Control No.
3064–0095 and –0218). The notices of
proposed renewal for these information
collections were previously published
in the Federal Register on March 25,
2025, allowing for a 60-day comment
period.
DATES: Comments must be submitted on
or before June 16, 2025.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• Agency Website: https://
www.fdic.gov/resources/regulations/
federal-register-publications/.
• 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 NW), on business
days between 7 a.m. and 5 p.m.
Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find these particular
information collections by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
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.
Proposal
to renew the following currently
approved collection of information:
1. Title: Procedures for Monitoring
Bank Protection Act Compliance.
OMB Number: 3064–0095.
Form Number: None.
Affected Public: Insured State nonmember banks.
Burden Estimate:

SUPPLEMENTARY INFORMATION:

SUMMARY OF ESTIMATED ANNUAL BURDEN (OMB NO. 3064–0095)
Number of
responses per
respondent

Recordkeeping (Annual) ......

9

1

16:00

144

Recordkeeping (Annual) ......

2,882

1

6:00

17,292

Recordkeeping (Annual) ......

9

1

32:00

288

Recordkeeping (Annual) ......

2,882

1

8:00

23,056

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

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

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

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

40,780

Type of burden
(frequency of response)

1. Bank Protection Act Compliance Program—Implementation, 12 CFR 326 subpart A (Mandatory).
2. Bank Protection Act Compliance Program—Ongoing, 12 CFR 326 subpart A (Mandatory).
3. Procedures for monitoring Bank Secrecy Act compliance—Implementation, 12 CFR 326.8(b)(1) & (c)
(Mandatory).
4. Procedures for monitoring Bank Secrecy Act compliance—Ongoing, 12 CFR 326.8(b)(1) & (c) (Mandatory).
Total Annual Burden (Hours) .................................

Average
time per
response
(HH:MM)

Number of
respondents

Information collection (IC)
(obligation to respond)

Annual
burden
(hours)

khammond on DSK9W7S144PROD with NOTICES

Source: FDIC.

General Description of Collection: The
collection implements recordkeeping
requirements associated with the Bank
Protection Act. The Bank Protection Act
of 1968 (12 U.S.C. 1881–1884) requires
each Federal supervisory agency to
promulgate rules establishing minimum
standards for security devices and
procedures to discourage financial
crime and to assist in the identification
of persons who commit such crimes. To
avoid the necessity of constantly
updating a technology-based regulation,
the FDIC takes a flexible approach to
implementing this statute. It requires
each insured non-member bank to

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designate a security officer who will
administer a written security program.
The security program must (1) establish
procedures for opening and closing for
business and for safekeeping valuables;
(2) establish procedures that will assist
in identifying persons committing
crimes against the bank; (3) provide for
initial and periodic training of
employees in their responsibilities
under the security program; and (4)
provide for selecting, testing, operating
and maintaining security devices as
prescribed in the regulation. In addition,
the FDIC requires the security officer to
report at least annually to the bank’s

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board of directors on the effectiveness of
the security program. There is no
change in the method or substance of
the collection. The 9,670-hour decrease
in burden is the result of the elimination
of acquiring institutions as respondents,
revisions to estimates of the time per
response, as well as a decline in the
number of FDIC-supervised institutions.
2. Title: Ombudsman PostExamination Surveys.
OMB Number: 3064–0218.
Form Number: 6600/58; 6600/59.
Affected Public: FDIC-supervised
insured depository institutions.
Burden Estimate:

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20673

Federal Register / Vol. 90, No. 93 / Thursday, May 15, 2025 / Notices
SUMMARY OF ESTIMATED ANNUAL BURDEN (OMB NO. 3064–0218)
Number of
responses per
respondent

Reporting (Annual) ...............

492

1

00:45

369

Reporting (Annual) ...............

329

1

00:45

247

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

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

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

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

616

Type of burden
(frequency of response)

1. Safety and Soundness Post-Examination Survey
(Voluntary).
2. Consumer Compliance Post-Examination Survey
(Voluntary).
Total Annual Burden (Hours) .................................

Average
time per
response
(HH:MM)

Number of
respondents

Information collection (IC)
(obligation to respond)

Annual
burden
(hours)

Source: FDIC.

General Description of Collection: The
purpose of the surveys is to gauge
bankers’ views on the effectiveness and
quality of FDIC Safety and Soundness
and Consumer Compliance
examinations, as well as to identify
ways to improve the examination
process. Respondents are asked to
voluntarily rate the efficiency of the
preexamination process; examiners’
professionalism and understanding of
the laws and regulations; the
examination process; and examination
report quality. Respondents will also be
allowed to provide feedback on any
areas for improvement and will be given
an option to have someone from the
FDIC Office of the Ombudsman contact
the institution confidentially about its
recent examination or any other matters.
There is no change in the method or
substance of the collection. The 251-

hour decrease in burden is the result of
the reduction in the estimated annual
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 May 12, 2025.
Jennifer M. Jones,
Deputy Executive Secretary.
[FR Doc. 2025–08603 Filed 5–14–25; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
Notice to All Interested Parties of
Intent To Terminate Receiverships
Notice is hereby given that the Federal
Deposit Insurance Corporation (FDIC or
Receiver), as Receiver for the
institutions listed below, intends to
terminate its receivership for said
institutions.

khammond on DSK9W7S144PROD with NOTICES

NOTICE OF INTENT TO TERMINATE RECEIVERSHIPS
Fund

Receivership name

City

10536 .....................
10545 .....................

The First State Bank ...................................................
Citizens Bank ...............................................................

Barboursville .....................
Sac City ............................

The liquidation of the assets for each
receivership has been completed. To the
extent permitted by available funds and
in accordance with law, the Receiver
will be making a final dividend
payment to proven creditors. Based
upon the foregoing, the Receiver has
determined that the continued existence
of the receiverships will serve no useful
purpose. Consequently, notice is given
that the receiverships shall be
terminated, to be effective no sooner
than 30 days after the date of this notice.
If any person wishes to comment
concerning the termination of any of the
receiverships, such comment must be
made in writing, identify the
receivership to which the comment
pertains, and be sent within 30 days of
the date of this notice to: Federal
Deposit Insurance Corporation, Division

VerDate Sep<11>2014

16:47 May 14, 2025

Jkt 265001

of Resolutions and Receiverships,
Attention: Receivership Oversight
Section, 600 North Pearl, Suite 700,
Dallas, TX 75201. No comments
concerning the termination of the abovementioned receiverships will be
considered that are not sent within this
timeframe.
(Authority: 12 U.S.C. 1819)
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on May 12, 2025.
Jennifer M. Jones,
Deputy Executive Secretary.
[FR Doc. 2025–08663 Filed 5–14–25; 8:45 am]
BILLING CODE 6714–01–P

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State
WV
IA

Date of
appointment
of receiver
04/03/2020
11/03/2023

FEDERAL ELECTION COMMISSION
Sunshine Act Meetings
TIME AND DATE:

Tuesday, May 20, 2025

At 10:00 a.m.
1050 First Street NE,
Washington, DC, and Virtual. (This
meeting will be a hybrid meeting.)

PLACE:

This meeting will be closed to
the public.

STATUS:

MATTERS TO BE CONSIDERED:

Matters relating to internal personnel
decisions, or internal rules and
practices.
Matters concerning participation in
civil actions or proceedings or
arbitration.
*
*
*
*
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