Agency Information Collection Activities: Submission of OMB Review; Comment Request — 1997-07-21 [97-19115]

On November 4, 1996, the OCC, the Board, and the FDIC (the agencies) requested public comment for 60 days on a proposed change in the method by which banks file their quarterly Reports of Condition and Income (Call Reports), which are currently approved collections of information. Under that proposal, the agencies would no longer accept Call Reports that banks file directly with the agencies in hard copy (paper) form. Instead, the only Call Reports that the agencies would accept would be those filed electronically or on computer diskette with the agencies' electronic collection agent. A bank could either file its reports directly with the agent or contract with another party for the conversion of its reports from hard copy (paper) to automated form and the filing of the reports with the agent.