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Submission for OMB Review; Comment Request

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Start Preamble October 4, 2000.

The Office of Thrift Supervision (OTS) has submitted the following public information collection requirement(s) to OMB for review and clearance under the Paperwork Reduction Act of 1995, Public Law 104-13. Interested persons may obtain copies of the submission(s) by calling the OTS Clearance Officer listed. Send comments regarding this information collection to Start Printed Page 60252the OMB reviewer listed and to the OTS Clearance Officer, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552.


Submit written comments on or before November 9, 2000.

OMB Number: 1550-0077.

Form Number: OTS Form 1579.

Type of Review: Regular review.

Title: Operating Subsidiary.

Description: 12 CFR Part 559 requires a savings association proposing to establish or acquire an operating subsidiary or conduct new activities in an existing operating subsidiary to either notify the OTS or obtain the prior approval of the OTS. The regulation also requires a savings association to create and maintain certain documents.

Respondents: Savings and Loan Associations and Savings Banks.

Estimated Number of Responses: 139.

Estimated Burden Hours Per Response: 10 hours.

Frequency of Response: Once per year.

Estimated Total Reporting Burden: 1,390 hours.

Clearance Officer: Ralph E. Maxwell, (202) 906-7740, Office of Thrift Supervision, 1700 Street, NW., Washington, DC 20552.

OMB Reviewer: Alexander Hunt, (202) 395-7860, Office of Management and Budget, Room 10202, New Executive Office Building, Washington, DC 20503.

Start Signature

John E. Werner,

Director, Information & Management Services.

End Signature End Preamble

[FR Doc. 00-25940 Filed 10-6-00; 8:45 am]