# Agency Information Collection Activities: Submission for OMB Review; Comment Request
**AGENCY:**
Federal Deposit Insurance Corporation (FDIC).
**ACTION:**
Notice of information collection to be submitted to OMB for review and approval under the Paperwork Reduction Act of 1995.
**SUMMARY:**
In accordance with requirements of the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 *et seq.* ), the FDIC hereby gives notice that it plans to submit to the Office of Management and Budget (OMB) a request for OMB review and approval of the following information collection systems described below.
1. *Type of Review:* Renewal of a currently approved collection.
*Title:* Interagency Biographical and Financial Report.
*OMB Number:* 3064-0006.
**Annual Burden**
*Estimated annual number of respondents:* 2,040.
*Estimated time per response:* 4 hours.
*Total annual burden hours:* 8,160 hours.
*Expiration Date of OMB Clearance:* December 31, 2002.
**SUPPLEMENTARY INFORMATION:**
The Interagency Biographical and Financial Report is submitted to the FDIC by each individual director or officer of a proposed or operating financial institution applying for federal deposit insurance as a state nonmember bank. The information is used by the FDIC to evaluate the general character of bank management as required by the Federal Deposit Insurance Act.
2. *Type of Review:* Renewal of a currently approved collection.
*Title:* External Audits.
*OMB Number:* 3064-0113.
**Annual Burden**
*Estimated number of responses:* 1,215 (insured institutions with assets of $500 million or more); 15,033 (insured institutions with assets less than $500 million)
*Estimated time per response:* 32 hours (insured institutions with assets of $500 million or more); 3/4 hours (insured institutions with assets less than $500 million).
*Total annual burden hours:* 42,639 hours.
*Expiration Date of OMB Clearance:* December 31, 2002.
**SUPPLEMENTARY INFORMATION:**
Section 36 of the Federal Deposit Insurance Act imposes auditing and reporting requirements on insured depository institutions which have total assets of $500 million or more. An interagency policy statement extended those requirements on a voluntary basis to institutions with less than $500 million.
*OMB Reviewer:* Joseph F. Lackey, Jr. (202) 395-4741, Office of Management and Budget, Office of Information and Regulatory Affairs, Washington, DC 20503.
*FDIC Contact:* Tamara R. Manly, (202) 898-7453, Legal Division, Room MB-3109, Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, DC 20429.
*Comments:* Comments on these collections of information are welcome and should be submitted on or before December 19, 2002 to both the OMB reviewer and the FDIC contact listed above.
**ADDRESSES:**
Information about this submission, including copies of the proposed collections of information, may be obtained by calling or writing the FDIC contact listed above.
Federal Deposit Insurance Corporation:
Dated: November 13, 2002.
Valerie Best,
Assistant Executive Secretary.