OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Account Based Disclosures in Connection with Federal Reserve Regulations E, CC and DD

ICR 201108-3064-003 · OMB 3064-0084 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
60 day 76 FR 52326.pdf Supplementary Document Uploaded 2011-11-08 Available
30-day 76 FR 69269.pdf Supplementary Document Uploaded 2011-11-08 Available
SPST 3064-0084 (2011)_10_31_11.doc Supporting Statement A Uploaded 2011-11-01 Available
IC Document Collections
IC IDCollectionTypeStatusForm
31834 Regulations CC - Case-by-case hold notice - sections 229.16(c) Modified
199964 Regulation E - Overdraft opt-in disclosures (consumer response) New
199932 Regulation E - Gift card policy/procedures ongoing New
199931 Regulation E - Gift card policy/procedures one-time New
199929 Regulation E - Gift card exclusion policies/procedures ongoing New
199881 Regulation E - Gift card exclusion policies/procedures one-time New
199880 Regulation E - Gift card disclosures (one-time systems change) New
199878 Regulation E -- Prepare/send new opt-in notices to existing customers New
199876 Regulation E - Revise/update initial disclosures for new customers New
186077 Regulation E - ATM disclosures (section 205.16c) - one-time reprogramming burden Removed
186076 Regulation E - Transaction disclosures (section 205.9) - one-time reprogramming burden Removed
186075 Regulation E - Payroll card disclosures (section 205.18) - error resolution Unchanged
186074 Regulation E - Payroll card disclosures (section 205.18) - periodic Removed
186073 Regulation E - Payroll card disclosures (section 205.18) - Initial Unchanged
186072 Regulation E - Error resolution (sections 205.8(b) and 205.11) Modified
186071 Regulation E - Initial disclosures (sections 205.7 and 205.8) - change in terms Modified
186070 Regulation E - Initial disclosures (sections 205.7 and 205.8) - initial terms Modified
186063 Regulation DD - Advertising (section 230.8) Modified
186062 Regulation DD - Periodic Statement Disclosures (section 230.6) Modified
186061 Regulation DD - Subsequent notices (Section 230.5) - Prematurity notices Modified
186060 Regulation DD - Subsequent notices (section 230.5) - change in terms Modified
186059 Regulation DD - Account disclosures (section 230.4) Modified
186057 Regulation CC - Expedited recredit claim notice Modified
186056 Regulation CC - Consumer awareness disclosure (section 229.57) Modified
186055 Regulation CC - Bank's claim against indemnifying bank (section 229.55) Modified
186054 Regulation CC - Response to consumer's recredit claim (section 229.54(e)) Modified
186053 Regulation CC - Notice of nonpayment (section 229.33(a) and (d)) Modified
186052 Regulation CC - Annual notice of new ATMs (section 229.18(e)) Modified
186051 Regulation CC - Notice of change in policy - section 229.18(e) Unchanged
186050 Regulation CC - Notice posted where consumers make deposits - sections 229.18(b) and 229.18(c) Modified
186049 Regulation CC - Notice of exceptions to hold policy - Section 229.13(g) Modified
186048 Regulation CC - Specific availability policy disclosure - sections 229.16, 229.17 and 229.18(d) Modified
ICR Details
3064-0084 201108-3064-003
Historical Active 200808-3064-001
FDIC
Account Based Disclosures in Connection with Federal Reserve Regulations E, CC and DD
Revision of a currently approved collection   No
Regular
Approved without change 12/27/2011
Retrieve Notice of Action (NOA) 11/08/2011
  Inventory as of this Action Requested Previously Approved
12/31/2014 36 Months From Approved 12/31/2011
51,506,450 0 24,043,412
3,461,844 0 902,687
0 0 0
Regulations E, CC & DD (issued by the FRB) ensure adequate disclosures regarding accounts, including electronic fund transfer services, availability of funds, and fees and annual percentage yield for deposit accounts.
US Code: 15 USC 1693 et seq. Name of Law: Electronic Fund Transfer Act
   US Code: 12 USC 4001 et seq. Name of Law: Expedited Funds Availability Act
   US Code: 12 USC 4301 et seq. Name of Law: Truth in Savings Act
  
None
Not associated with rulemaking
  76 FR 52326 08/22/2011
76 FR 69269 11/08/2011
No
29
IC Title Form No. Form Name
Regulation E - Transaction disclosures (section 205.9) - one-time reprogramming burden
Regulation E - ATM disclosures (section 205.16c) - one-time reprogramming burden
Regulation E - Gift card policy/procedures ongoing
Regulation E - Gift card policy/procedures one-time
Regulation E - Gift card disclosures (one-time systems change)
Regulation CC - Notice of change in policy - section 229.18(e)
Regulation E - Payroll card disclosures (section 205.18) - error resolution
Regulation CC - Notice posted where consumers make deposits - sections 229.18(b) and 229.18(c)
Regulations CC - Case-by-case hold notice - sections 229.16(c)
Regulation DD - Periodic Statement Disclosures (section 230.6)
Regulation CC - Specific availability policy disclosure - sections 229.16, 229.17 and 229.18(d)
Regulation CC - Bank's claim against indemnifying bank (section 229.55)
Regulation CC - Notice of exceptions to hold policy - Section 229.13(g)
Regulation CC - Annual notice of new ATMs (section 229.18(e))
Regulation DD - Account disclosures (section 230.4)
Regulation DD - Subsequent notices (section 230.5) - change in terms
Regulation DD - Subsequent notices (Section 230.5) - Prematurity notices
Regulation CC - Response to consumer's recredit claim (section 229.54(e))
Regulation E - Initial disclosures (sections 205.7 and 205.8) - initial terms
Regulation E - Payroll card disclosures (section 205.18) - Initial
Regulation CC - Notice of nonpayment (section 229.33(a) and (d))
Regulation E - Initial disclosures (sections 205.7 and 205.8) - change in terms
Regulation E - Error resolution (sections 205.8(b) and 205.11)
Regulation E - Revise/update initial disclosures for new customers
Regulation E - Gift card exclusion policies/procedures ongoing
Regulation CC - Consumer awareness disclosure (section 229.57)
Regulation CC - Expedited recredit claim notice
Regulation DD - Advertising (section 230.8)
Regulation E - Gift card exclusion policies/procedures one-time
Regulation E - Overdraft opt-in disclosures (consumer response)
Regulation E - Payroll card disclosures (section 205.18) - periodic
Regulation E -- Prepare/send new opt-in notices to existing customers
  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 51,506,450 24,043,412 0 30,053,038 -2,590,000 0
Annual Time Burden (Hours) 3,461,844 902,687 0 2,663,699 -104,542 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Changing Regulations
Yes
Miscellaneous Actions
The increase in burden from 902,687 hours to 3,461,844 hours is the result of adjustment of -104,542 hours (-3056 hours for Regulation E, -56,962 hours for Regulation CC, and -44,524 hours for Regulation DD) due to a decrease in the number of respondents and a program change of +2,663,699 hours (+67,488 hours for Regulation DD and +2,596,211 hours for Regulation E(+2,638,967 for new disclosures, -420 to correct a previous error, and -42,336 to remove a one-time burden for systems changes in 2008) to reflect revisions to Regulation DD and Regulation E.
$0
No
No
No
No
No
Uncollected
Leneta Gregorie 202 898-3719 [email protected]
  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:
 
 
 
 
 
 
 
    (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;
 
 
 
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.
11/08/2011