OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Application Pursuant to Section 19 of the Federal Deposit Insurance Act

ICR 201309-3064-001 · OMB 3064-0018 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form 6710/07 Application Pursuant to Secton 19 of the Federal Deposit Insurance Act Form and Instruction Modified Available
2013-28393.pdf Supplementary Document Uploaded 2013-11-27 Repair queued
SPST 0018 (2013) Form 6710.doc Supporting Statement A Uploaded 2013-11-26 Repair queued
2013-22472.pdf Supplementary Document Uploaded 2013-09-16 Available
IC Document Collections
IC IDCollectionTypeStatusForm
44169 Application Pursuant to Secton 19 of the Federal Deposit Insurance Act Form and Instruction Modified
ICR Details
3064-0018 201309-3064-001
Historical Active 201202-3064-004
FDIC
Application Pursuant to Section 19 of the Federal Deposit Insurance Act
Extension without change of a currently approved collection   No
Regular
Approved without change 02/19/2014
Retrieve Notice of Action (NOA) 11/27/2013
  Inventory as of this Action Requested Previously Approved
02/28/2017 36 Months From Approved 02/28/2014
50 0 26
800 0 416
0 0 0
Section 19 of the Federal Deposit Insurance Act requires insured depository institutions to obtain the FDIC's consent prior to any participation in their affairs by a person convicted of crimes involving dishonesty or breach of trust. Form 6710/07 is the vehicle for requesting FDIC consent, and has been reformatted and rearranged to make it easier to read and understand. The burden is expected to remain the same at 16 hours.
US Code: 12 USC 1829 Name of Law: Federal Deposit Insurance Act
  
None
Not associated with rulemaking
  78 FR 56895 09/16/2013
78 FR 70943 11/27/2013
No
  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 50 26 0 0 24 0
Annual Time Burden (Hours) 800 416 0 0 384 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The burden increase of 384 hours is an adjustment resulting from a doubling of the number of Section 19 applications filed with the FDIC in recent years, primarily due to the implementation of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act). Additionally, given the recent increase in mergers and acquisitions, employees of non-covered entities are now covered by Section 19, also increasing the number of Section 19 applications.
$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.
11/27/2013