Notice of Branch Closure

Forms and Documents

Document Name	Status
FR4031.200911_83c.pdf Justification for No Material/Nonsubstantive Change	2009-11-09
FR4031.200703.omb.doc Supporting Statement A	2007-05-17

IC Document Collections

IC ID	Document Title	Status
36295	Notice of Branch Closure - Regulatory notice Other-Summary	Modified
179497	Notice of Branch Closure - Adoption of policy Other-null	Modified
179496	Notice of Branch Closure - Posted Notice Other-null	Modified
179494	Notice of Branch Closure - Customer Mailing Other-null	Modified

ICR Details

OMB Control No: 7100-0264	ICR Reference No: 200911-7100-006
Status: Historical Active	Previous ICR Reference No: 200704-7100-002
Agency/Subagency: FRS	Agency Tracking No: FR 4031
Title: Notice of Branch Closure
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR:  No
Type of Review Request: Delegated
OIRA Conclusion Action: Approved without change	Conclusion Date: 11/20/2009
	Date Received in OIRA: 11/20/2009
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	05/31/2010	05/31/2010	05/31/2010
Responses	220	0	352
Time Burden (Hours)	291	0	423
Cost Burden (Dollars)	0	0	0

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Abstract: State member banks are required to adopt a branch closing policy, to notify branch customers of a scheduled branch closing, and to send a notification letter to the Federal Reserve.

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Authorizing Statute(s): US Code: 12 USC 1831r-l(a)(1) Name of Law: Federal Deposit Insurance Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 10762	03/09/2007
30-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 27813	05/17/2007
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 4

IC Title	Form No.	Form Name
Notice of Branch Closure - Adoption of policy
Notice of Branch Closure - Posted Notice
Notice of Branch Closure - Regulatory notice
Notice of Branch Closure - Customer Mailing

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ICR Summary of Burden

	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	220	352	0	-132	0	0
Annual Time Burden (Hours)	291	423	0	-132	0	0
Annual Cost Burden (Dollars)	0	0	0	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: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The decrease in burden hours reflects an update to the FR 4031 respondent count.

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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]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 11/20/2009

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