Application for Waiver of Prohibition on Acceptance of Brokered Deposits

ICR 201012-3064-011 · OMB 3064-0099 · Historical Active

⚠️ Notice: This information collection may be outdated. More recent filings for OMB 3064-0099 can be found here:

Forms and Documents

Document	Type	Status	Availability
2011_Supporting_Statement[0099].doc	Supporting Statement A	Uploaded 2011-02-24	Repair queued
76 FR 8738 30-day.pdf	Supplementary Document	Uploaded 2011-02-23	Repair queued
75 FR 75674 60-day.pdf	Supplementary Document	Uploaded 2011-02-08	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
31862	Application for Waiver of Prohibition on Acceptance of Brokered Deposits		Modified

ICR Details

OMB Control No: 3064-0099	ICR Reference No: 201012-3064-011
Status: Historical Active	Previous ICR Reference No: 200710-3064-006
Agency/Subagency: FDIC	Agency Tracking No:
Title: Application for Waiver of Prohibition on Acceptance of Brokered Deposits
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 03/27/2011
Retrieve Notice of Action (NOA)	Date Received in OIRA: 02/24/2011
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2014	36 Months From Approved	03/31/2011
Responses	130	0	30
Time Burden (Hours)	780	0	180
Cost Burden (Dollars)	0	0	0

Abstract: Section 29 of the Federal Deposit Insurance Act prohibits undercapitalized insured depository institutions from accepting, renewing, or rolling over any brokered deposits. Adequately capitalized institutions may do so with a waiver from the FDIC, while well-capitalized institutions may accept, renew, or roll over brokered deposits without restriction.

Authorizing Statute(s): US Code: 12 USC 1831f Name of Law: Federal Deposit Insurance 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:
	75 FR 75674	12/06/2010
30-day Notice:	Federal Register Citation:	Citation Date:
	76 FR 8738	02/15/2011
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Application for Waiver of Prohibition on Acceptance of Brokered Deposits

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	130	30	100
Annual Time Burden (Hours)	780	180	600
Annual Cost Burden (Dollars)	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: The increase in burden of 600 hours is the result of an adjustment of +100 in the number of applications received.

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

Agency Contact: Leneta Gregorie 202 898-3719

Common Form ICR: No