Application for Waiver of Prohibition on Acceptance of Brokered Deposits

ICR 202011-3064-003 · OMB 3064-0099 · Received in OIRA

⚠️ Notice: This information collection may be outdated.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
FR2 Nov 85 FR 76571 Nov 30 2020.pdf	Supplementary Document	Uploaded 2020-11-29	Repair queued
FR1-0099 Application Waiver Prohibition on Acceptance of Brokered Deposits 85 FR 55287 Sept 4 2020.pdf	Supplementary Document	Uploaded 2020-11-29	Repair queued
SPST-0099 - Renewal (2020) Final.pdf	Supporting Statement A	Uploaded 2020-11-27	Repair queued

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: 202011-3064-003
Status: Received in OIRA	Previous ICR Reference No: 201702-3064-010
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	Date Submitted to OIRA: 11/30/2020

	Requested	Previously Approved
Expiration Date	36 Months From Approved	01/31/2021
Responses	15	30
Time Burden (Hours)	90	180
Cost Burden (Dollars)	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:
	85 FR 59797	09/23/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 76571	11/30/2020
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 Request	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	15	30	-15
Annual Time Burden (Hours)	90	180	-90
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:

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. 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? No

Agency Contact: Manuel Cabeza 202 898-3781 [email protected]

Common Form ICR: No