[Federal Register Volume 73, Number 88 (Tuesday, May 6, 2008)]
[Notices]
[Pages 24984-25014]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-9926]


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FEDERAL RESERVE SYSTEM

[Docket No. OP-1312]


Privacy Act of 1974; Notice of Amendment of Systems of Records

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice; amendment of systems of records.

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SUMMARY: Pursuant to the provisions of the Privacy Act of 1974, notice 
is given that the Board of Governors of the Federal Reserve System 
(Board) proposes to add two new systems, BGFRS-2 (Personnel Security 
Systems) and BGFRS-36 (Federal Reserve Application Name Check System), 
and delete two existing systems, BGFRS-15 (General Files of Federal 
Reserve Agents, Alternates and Representatives at Federal Reserve 
Banks) and BGFRS-22 (Chain Banking Reference System). The Board also 
proposes to modify all of the Board's remaining systems of records to 
ensure that the information maintained is compatible with the purposes 
for which the information is collected and that the systems are 
otherwise consistent with existing Board practices, policies and legal 
requirements.

DATES: Comments must be received on or before June 5, 2008. These 
systems of records will become effective June 16, 2008, without further 
notice, unless comments dictate otherwise.

[[Page 24985]]


ADDRESSES: The public, OMB, and Congress are invited to submit 
comments, identified by Docket No. OP-1312, by any of the following 
methods:
     Agency Web Site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments. http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     E-mail: [email protected]. Include docket 
number in the subject line of the message.
     FAX: 202/452-3819 or 202/452-3102.
     Mail: Jennifer J. Johnson, Secretary, Board of Governors 
of the Federal Reserve System, 20th Street and Constitution Avenue, 
NW., Washington, DC 20551.
    All public comments are available from the Board's Web site at 
http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as 
submitted, except as necessary for technical reasons. Accordingly, your 
comments will not be edited to remove any identifying or contact 
information. Public comments may also be viewed electronically or in 
paper in Room MP-500 of the Board's Martin Building (20th and C 
Streets, NW.) between 9 a.m. and 5 p.m. on weekdays.

FOR FURTHER INFORMATION CONTACT: Brad Fleetwood, Senior Counsel, Legal 
Division, Board of Governors of the Federal Reserve System, 20th and C 
Streets, NW., Mail Stop 17, Washington, DC 20551, or (202) 452-3721, or 
[email protected]. For users of Telecommunications Device for the 
Deaf (TDD) only, contact (202) 263-4869.
    In accordance with 5 U.S.C. 552a(r), a report of this amended 
system of records is being filed with the Chair of the House Committee 
on Oversight and Government Reform, the Chair of the Senate Committee 
on Homeland Security and Governmental Affairs, and the Office of 
Management and Budget.

SUPPLEMENTARY INFORMATION: The Board recently completed a review of its 
Privacy Act systems of record. During that review, the Board determined 
that it needed to create a system of records for personnel security 
information. The Board previously maintained a similar system (BGFRS-2, 
Personnel Background Investigations Reports), but deleted this system 
because it duplicated the government-wide system of records maintained 
by the Office of Personnel Management (OPM). However, the Board has 
determined that it keeps records not maintained by OPM. Thus, the Board 
has determined that it is necessary to create a system for personnel 
security information, BGFRS-2 (Personnel Security Systems). The Board 
also determined that it needed to create a system of records for name 
check information. The Board performs name checks on the proposed 
officers, directors, principal shareholders, or other persons 
associated with a depository institution, holding company, or other 
foreign or domestic entity in connection with the Board's consideration 
of various regulatory applications, notices, or proposals. The Board 
uses these records, along with other information, to determine whether 
the related filing meets the statutory factors for approval. Thus, the 
Board has determined that it is necessary to create a system for name 
check information, BGFRS-36 (Federal Reserve Application Name Check 
System).
    Additionally, during the review, the Board determined that the 
BGFRS-15 (General Files of Federal Reserve Agents, Alternates and 
Representatives at Federal Reserve Banks) and BGFRS-22 (Chain Banking 
Reference System) contain no records and that the systems are no longer 
used or maintained by the Board. Thus, the Board determined that it was 
necessary to delete BGFRS-15 and BGFRS-22.
    The Board also determined that it needed to modify the Board's 
remaining systems of records. In addition to making minor modifications 
so that each system contained consistent information, the Board updated 
each system's exemptions and routine uses to ensure that all of the 
routine uses are listed and accurate. In the process of updating the 
routine uses, the Board determined that it would be most efficient to 
standardize its most frequently used routine uses. Thus, the Board 
created standard routine uses A-I. General routine uses A-H were 
previously listed in most Board systems. General routine use I was 
added in accordance with a recommendation issued by the President's 
Identity Theft Task Force that all agencies add a routine use for 
disclosure where security or confidentiality has been compromised. The 
Board's general routine uses and updated systems of records are 
published herein.

General Routine Uses

    A. Disclosure for Enforcement, Statutory and Regulatory Purposes. 
Information may be disclosed to the appropriate federal, state, local, 
foreign, or self-regulatory organization or agency responsible for 
investigating, prosecuting, enforcing, implementing, issuing, or 
carrying out a statute, rule, regulation, order, policy, or license if 
the information may be relevant to a potential violation of civil or 
criminal law, rule, regulation, order, policy or license.
    B. Disclosure to Another Agency or a Federal Reserve Bank. 
Information may be disclosed to a federal agency in the executive, 
legislative, or judicial branch of government, or to a Federal Reserve 
Bank, in connection with the hiring, retaining, or assigning of an 
employee, the issuance of a security clearance, the conducting of a 
security or suitability investigation of an individual, the classifying 
of jobs, the letting of a contract, the issuance of a license, grant, 
or other benefits by the receiving entity, or the lawful statutory, 
administrative, or investigative purpose of the receiving entity to the 
extent that the information is relevant and necessary to the receiving 
entity's decision on the matter.
    C. Disclosure to a Member of Congress. Information may be disclosed 
to a congressional office in response to an inquiry from the 
congressional office made at the request of the individual to whom the 
record pertains.
    D. Disclosure to the Department of Justice, a Court, an 
Adjudicative Body or Administrative Tribunal, or a Party in Litigation. 
Information may be disclosed to the Department of Justice, a court, an 
adjudicative body or administrative tribunal, a party in litigation, or 
a witness if the Board (or in the case of an OIG system, the OIG) 
determines, in its sole discretion, that the information is relevant 
and necessary to the matter.
    E. Disclosure to Federal, State, Local, and Professional Licensing 
Boards. Information may be disclosed to federal, state, local, foreign, 
and professional licensing boards, including a bar association, a Board 
of Medical Examiners, a state board of accountancy, or a similar 
governmental or non-government entity that maintains records concerning 
the issuance, retention, or revocation of licenses, certifications, or 
registrations relevant to practicing an occupation, profession, or 
specialty.
    F. Disclosure to the EEOC, MSPB, OGE and OSC. Information may be 
disclosed to the Equal Employment Opportunity Commission, the Merit 
Systems Protection Board, the Office of Government Ethics, or the 
Office of Special Counsel to the extent determined to be relevant and 
necessary to carrying out their authorized functions.
    G. Disclosure to Contractors, Agents, and Others. Information may 
be

[[Page 24986]]

disclosed to contractors, agents, or others performing work on a 
contract, service, cooperative agreement, job, or other activity for 
the Board and who have a need to access the information in the 
performance of their duties or activities for the Board.
    H. Disclosure to Labor Relations Panels. Information may be 
disclosed to the Federal Reserve Board Labor Relations Panel or the 
Federal Reserve Banks Labor Relations Panel in connection with the 
investigation and resolution of allegations of unfair labor practices 
or other matters within the jurisdiction of the relevant panel when 
requested.
    I. Disclosure Where Security or Confidentiality Has Been 
Compromised. Information may be disclosed when (1) it is suspected or 
confirmed that the security or confidentiality of information in the 
system of records has been compromised; (2) the Board has determined 
that as a result of the suspected or confirmed compromise there is a 
risk of harm to economic or property interests, identity theft or 
fraud, or harm to the security or integrity of this system or other 
systems or programs (whether maintained by the Board or another agency 
or entity) that rely upon the compromised information; and (3) the 
disclosure is made to such agencies, entities, and persons who are 
reasonably necessary to assist in connection with the Board's efforts 
to respond to the suspected or confirmed compromise and prevent, 
minimize, or remedy such harm.
    The Board also determined that modifications should be made to the 
Board's remaining systems of records based on input from the records 
system owner (or his or her designee) to ensure both that the systems 
accurately describe current recordkeeping and disclosure practices and 
that their routine uses are consistent and accurate. Generally, these 
updates were non-substantive in nature. However, in certain instances, 
substantive changes were made to ensure that the system of records 
notice accurately reflected the actual or desirable practice of the 
Board.
    The majority of the substantive changes involved adding certain 
designated general routine uses to certain of the Board's systems of 
records. Most systems already provided for disclosure of records for 
enforcement, statutory and regulatory purposes; to a member of 
Congress; to the Department of Justice, a court, an adjudicative body 
or administrative tribunal, or a party in litigation; and to 
contractors, agents, and others. Where a system did not include these 
routine uses, they were added (except for those systems where such use 
would be incompatible with the purpose for which the records were 
collected), because the Board may generally disclose records for these 
purposes. This change resulted in amendments of the following systems: 
BGFRS-5 (EEO Discrimination Complaint File), BGFRS-9 (Supplier Files), 
BGFRS-10 (General Files on Board Members), BGFRS-11 (Official General 
Files), BGFRS-14 (General File of Reserve Bank and Branch Directors), 
BGFRS-16 (Regulation U Report of Nonbank Lenders), BGFRS-17 (Municipal 
or Government Securities Principals and Representatives), BGFRS-21 
(Supervisory Enforcement Actions and Special Examinations Tracking 
System), BGFRS-24 (EEO General Files), BGFRS-25 (Multi-Rater Feedback), 
BGFRS-31 (Protective Information System), BGFRS-32 (Visitor 
Registration), BGFRS-33 (Telephone Call Detail Records), BGFRS-34 (ESS 
Staff Identification Card File), BGFRS-35 (Federal Reserve Application 
Name Check System), OIG-1 (FRB-OIG Investigative Records), and OIG-2 
(OIG Personnel Records).
    Similarly, a routine use permitting disclosure to federal and state 
professional licensing boards and similar entities was added to: BGFRS-
5 (EEO Discrimination Complaint File), BGFRS-6 (Disciplinary and 
Adverse Action Records), BGFRS-12 (Bank Officers Personnel System), 
BGFRS-17 (Municipal or Government Securities Principals and 
Representatives), BGFRS-27 (Performance Management Program Records), 
OIG-1 (FRB-OIG Investigative Records), and OIG-2 (OIG Personnel 
Records). A routine use permitting disclosure to the EEOC and other 
government agencies in connection with those agencies' functions was 
added to: BGFRS-5 (EEO Discrimination Complaint File), BGFRS-24 (EEO 
General Files), BGFRS-33 (Telephone Call Detail Records), OIG-1 (FRB-
OIG Investigative Records), and OIG-2 (OIG Personnel Records). A 
routine use permitting disclosure to another agency or a Federal 
Reserve Bank in both connection with background or security checks for 
Board employees or contractors or in connection with those agencies or 
a Reserve Bank's functions was added to: BGFRS-18 (Consumer Complaint 
Information) and BGFRS-34 (ESS Staff Identification Card File). A 
routine use permitting disclosure to Labor Relations Panels in 
connection with investigation and resolution of unfair labor practices 
was added to BGFRS-12 (Bank Officers Personnel System).
    In addition, virtually every system was amended in a manner 
consistent with the recommendation of the President's Identity Theft 
Task Force to add a routine use for disclosure to agencies, entities, 
and persons involved in an effort to respond to a suspected or 
confirmed breach of the security or confidentiality of information.
    The Board also added new, individualized routine uses to certain 
systems of records to ensure that systems' notices accurately reflected 
the existing and anticipated recordkeeping and disclosure practices. In 
BGFRS-3 (Medical Records), BGFRS-4 (General Personnel Records), and 
BGFRS-29 (Benefits Records), the Board added a routine use that permits 
the Board to disclose information to an emergency contact in the event 
of an emergency to assist the individual in obtaining certain benefits. 
BGFRS-4 (General Personnel Records) was also modified to add a routine 
use that permits the Board to disclose information to federal, state 
and local agencies necessary to comply with laws regarding communicable 
diseases. BGFRS-29 (Benefits Records) was further modified to add a 
routine use that permits the Board to disclose information to the 
Office of Personnel Management in connection with employee 
participation in the Federal Employee Group Life Insurance Program and 
Thrift Savings Plan. In BGFRS-7 (Payroll and Leave Records), the Board 
added a routine use that permits the disclosure of information to an 
entity preparing a mortgage or other loan to an employee to verify 
employment status and salary, at the request of the individual. In 
BGFRS-8 (Travel Records), the Board added a routine use that permits 
the disclosure of information for purposes of monitoring travel and 
enabling audits of common carrier charges to the Federal government. In 
BGFRS-20 (Survey of Consumer Finances), the Board amended the routine 
uses to indicate that the records in the system are protected under the 
Confidential Information Protection and Statistical Efficiency Act 
(CIPSEA) and that disclosure is made only to the extent permitted under 
CIPSEA. In OIG-2 (Office of Inspector General Personnel Records), the 
Board added a routine use that permits the OIG to disclose information 
to government officials charged with the responsibility to conduct 
qualitative assessment reviews of internal safeguards and management 
procedures.
    The Board also updated each system's records retention period to be 
consistent with the National Archives and Records Administration's 
General Record

[[Page 24987]]

Schedules and Board-specific records retention and disposition 
schedules. Moreover, consistent with the Board's newly updated Privacy 
Act regulation (12 CFR 261a), the notification procedures, records 
access procedures, and contesting record procedures for each system 
have been updated to reflect the fact that all inquiries and requests 
regarding Privacy Act systems of records should be directed to the 
Secretary of the Board.

Systems of Records

BGFRS-1

System name:
    FRB--Recruiting and Placement Records.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.
    Some information, primarily resumes, is collected and maintained, 
on behalf of the Board, by IBM at 375 Riverside Parkway, Lithia 
Springs, GA 30122.
    Paper resumes are collected and maintained, on behalf of the Board, 
by Staffing Outsourcing Solutions, LLC at 6267 S. Front Road, 
Livermore, CA 94551.

Categories of individuals covered by the system:
    Persons who have applied for employment with the Federal Reserve 
Board.

Categories of records in the system:
    Resumes, applications, and supporting documentation submitted by 
persons seeking employment; information from job fairs; referrals from 
Federal Reserve Banks and other federal government agencies; 
transcripts or notes from interviews with some applicants; notes of 
interviews with references; information regarding verification of 
education and/or military status; some employment inquiries (and 
responses) sent to the Chairman or other governors or officials of the 
Board; and offer letters and related correspondence. Certain 
information is retained in an electronic database to enable the Board's 
Equal Employment Opportunity Office to monitor and track its recruiting 
and hiring performance.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248).

Purpose(s):
    These records are collected and maintained to assist the Board in 
recruiting and retaining qualified employees, and to allow the Board to 
periodically review its hiring practices.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B, C, D, E, F, G, H, and I apply to this 
system. Records may also be used to disclose information to any source 
from which additional information is requested (to the extent necessary 
to identify the individual, inform the source of the purpose(s) of the 
request, and to identify the type of information requested), when 
necessary to obtain information relevant to a Board decision to hire or 
retain an employee, issue a security clearance, conduct a security or 
suitability investigation of an individual, classify jobs, let a 
contract, or issue a license, grant, or other benefits.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Paper records can be retrieved by year or job 
category, not by individually identifiable labels. Electronic records 
can be retrieved by name or other identifying aspects.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. The retention period for resumes is 
currently under review. Until review is completed, those records will 
not be destroyed. All other records are retained for the appropriate 
period which ranges from no retention period to one year after 
separation or transfer.

System manager and address:
    Manager, Staffing, ER and Clearances, Management Division, Board of 
Governors of the Federal Reserve System, 20th Street and Constitution 
Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains; the transcript or notes from interviews with the individual; 
notes from interviews and supporting documentation from references; 
personnel records of other government civilian or military agencies or 
Federal Reserve Banks; and official transcripts and other documentation 
from schools identified by the individual.

Exemptions claimed for the system:
    Certain portions of this system of records may be exempt from 5 
U.S.C. 552a(c)(3), (d), (e)(1), (e)(4)(G), (H), and (I), and (f) of the 
Privacy Act pursuant to subsections 5 U.S.C. 552a(k)(2) and (k)(5).
BGFRS-2

System name:
    FRB--Personnel Security Systems.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Past and present employees of the Board of Governors; and Federal 
Reserve System employees, contractors, employees of contractors, 
experts, instructors, and consultants to the Board considered for 
access to classified information or restricted areas or for security 
determinations; and individuals who are neither applicants nor 
employees of the Board but are or were involved in Board programs under 
a cooperative assignment or similar agreement.

[[Page 24988]]

Categories of records in the system:
    Investigative information (including personal identifiable 
information) regarding an individual's character, financial 
responsibility, conduct, and/or behavior; arrests and convictions for 
any violations of law; reports of interviews with former supervisors, 
co-workers, associates, educators, etc.; reports about the 
qualifications of an individual for a specific position; reports of 
inquiries with law enforcement agencies; former employers; educational 
institutions attended; and other information developed from the above. 
This system does not include investigative reports provided by OPM. 
Investigative Reports provided by OPM are maintained in a government-
wide system of records (OPM/CENTRAL-9) and requests for access to or 
amendment of such reports should be made to the Federal Investigations 
Processing Center.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 243 and 
248), and Executive Order 9397.

Purpose(s):
    These records are collected and maintained to assist the Board in 
making suitability determinations.
    General routine uses A, B, C, D, G, and I apply to this system. 
Records may also be used:
    1. To disclose information to assist in determining the suitability 
for access to classified information;
    2. To disclose information to the intelligence agencies of the 
Department of Defense, National Security Agency, Central Intelligence 
Agency, the White House and the Federal Bureau of Investigation, and 
any other intelligence agency of the United States, for use in 
intelligence activities; and
    3. To disclose information to any source from which information is 
requested by the Board in the course of an investigation, to the extent 
necessary to identify the individual, inform the source of the nature 
and purpose of the investigation and to identify the type of 
information requested.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records can be retrieved by name or social security 
number.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. All case files are retained until the 
earlier of individual's death or five years after the end of the 
employment or contract relationship and all investigative reports are 
retained in accordance with the instructions of the investigative 
agency. Electronic records will be stored online at least six months at 
the end of an investigation/case.

System manager and address:
    Manager, Staffing, ER and Clearances, Management Division, Board of 
Governors of the Federal Reserve System, 20th Street and Constitution 
Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment. Record source 
categories:
    Information is provided by applications and other personnel and 
security forms furnished by the individual, investigative material 
furnished by other federal agencies (including notices of personnel 
actions), personal investigation or written inquiry from sources such 
as employers, schools, references, neighbors, associates, police 
departments, courts, credit bureau, medical records, probation 
officials, and prison officials, newspapers, magazines, periodicals, 
and other publications, and published hearings of congressional 
committees.

Exemptions claimed for the system:
    Certain portions of this system of records may be exempt from 5 
U.S.C. 552a(c)(3), (d), (e)(1), (e)(4)(G), (H), and (I) and (f) of the 
Privacy Act pursuant to 5 U.S.C. 552a(k)(2) and (k)(5).
BGFRS-3

System name:
    FRB--Medical Records.

System location:
    Board of Governors of the Federal Reserve System 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.
    Information relating to blood work on employees is collected and 
maintained on behalf of the Board by Quest Diagnostics Inc., at 1901 
Sulphur Spring Road, Baltimore, MD 21227.
    Information relating to drug testing under the Drug-Free Workplace 
Plan is collected and maintained on behalf of the Board by Pembrooke at 
2307 North Parham Road, Richmond, VA 23229.

Categories of individuals covered by the system:
    Past and present Board employees (including special employees); 
applicants who have been medically examined for Board employment; and 
visitors who receive medical treatment at the Board.

Categories of records in the system:
    Pre-employment medical examinations of potential employees; yearly 
fit-for-duty examinations for employees whose jobs have medical 
standards; periodic medical examinations of employees; treatment or 
advice provided by the Health Unit's staff to an employee or visitor; 
any medical information provided to the Health Unit by an employee; an 
employee's participation in an occupational health services program; 
information pertaining to an employee's workers' compensation claim; 
information pertaining to the Board's Drug-Free Workplace Plan; and 
employees' use of the Board's exercise facilities.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248), Executive Order 12564, and the Rehabilitation Act of 1973.

Purpose(s):
    These records are collected and maintained to assist the Board in 
determining an employee's fitness for duty and eligibility for benefits 
based on

[[Page 24989]]

medical information, to assist the Board in providing a safe and 
healthy working environment, and to comply with Executive Order 12564.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    Employee medical information that is obtained under the 
Rehabilitation Act may be used only in accordance with the 
confidentiality provisions of the Rehabilitation Act. General routine 
uses A, B, C, D, F, G, H, and I apply to this system. Records may also 
be used:
    1. To disclose information to the Board's Thrift Plan, the Board's 
Group Life Insurance administrators, Department of Labor, Department of 
Veterans Affairs, Social Security Administration, Federal Retirement 
Thrift Investment Board, or a national, state, or local Social 
Security-type agency, when necessary to adjudicate a claim (filed by or 
on behalf of the individual) under a retirement, insurance, or health 
benefit program;
    2. To disclose information to a federal, state, or local agency to 
the extent necessary to comply with laws governing reporting of 
communicable disease or when it is reasonably believed that an 
individual might have contracted an illness or been exposed to or 
suffered from a health hazard while employed in the federal work force;
    3. To disclose to health insurance carriers that provide a health 
benefits plan under the Federal Employees Health Benefits Program 
information that is necessary to verify eligibility for payment of a 
claim for health benefits; and
    4. To disclose information to the executor of an individual's 
estate, the government entity probating a will, a designated 
beneficiary, or to any person who is responsible for the care of an 
individual to the extent necessary when the individual to whom a record 
pertains is deceased, mentally incompetent, or under other legal 
disability, and to disclose information to an individual's emergency 
contact, or, if the emergency contact is unavailable, to any person who 
the Board believes is assisting the individual, when necessary to 
assist that individual in obtaining any employment benefit or any 
working condition, such as an accommodation under the Rehabilitation 
Act of 1973.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper form.
    Retrievability. Records can be retrieved by name.
    Safeguards. Access to records is limited to those whose official 
duties require it. Paper records are secured by lock and key.
    Retention and disposal. All records are retained in accordance with 
the general records schedule. Individual non-occupational health 
records are destroyed six years after the last entry; personal injury 
files are destroyed three years after the termination of compensation 
or the time for filing a claim has passed; temporary or short-term 
records kept in an 19.\employee's medical folder are destroyed one year 
after separation or transfer; and long term medical records kept in an 
employee's medical folder are destroyed 75 years after the birth date 
of employee, or if the birth date cannot be ascertained, 60 years after 
date of the earliest document in the folder, or 30 years after latest 
separation, whichever is later.

System manager and address:
    Manager, Health and Safety, Management Division, Board of Governors 
of the Federal Reserve System, 20th Street and Constitution Avenue, 
NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains; an employee's physical or mental health care provider or 
counselor; the contractor administering the Drug-Free Workplace Plan or 
any other diagnostic laboratory; official records of other federal 
agencies; and Federal Reserve System personnel records.

Exemptions claimed for the system:
    None.
BGFRS-4

System name:
    FRB--General Personnel Records.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Past and present employees of the Board, and the surviving spouses 
and children of former Board employees.

Categories of records in the system:
    Information relating to employment determinations; salary and job 
classification actions; leave; placement; personnel actions; academic 
assistance; training and development activities; PMP ratings (but not 
the actual PMP form); minority group and medical disability 
designators; records relating to benefits and designation of 
beneficiary; emergency contact information; address and name changes; 
information concerning awards; and other information relating to the 
status of the individual while employed by the Board, including records 
of jury duty by the employee. All categories of records may include 
identifying information, such as name, date of birth, home address, 
mailing address, Social Security number, and personal telephone 
numbers.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248), and Executive Order 9397.

Purpose(s):
    These records are collected and maintained to assist the Board in 
its personnel actions and decisions, and in the administration of its 
benefits programs.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B, C, D, E, F, G, H, and I apply to this 
system. Records may also be used:

[[Page 24990]]

    1. To disclose information to government training facilities 
(federal, state, and local) and to nongovernment training facilities 
(private vendors of training courses or programs, private schools, 
etc.) for training purposes;
    2. To disclose information to educational institutions on 
appointment of a recent graduate to a position at the Board, and to 
provide college and university officials with information about their 
students who are working in internships or other similar programs 
necessary to a student's obtaining credit for the experience gained;
    3. To disclose information to the Department of Labor, Department 
of Veterans Affairs, Social Security Administration, Department of 
Defense, a Federal Reserve Bank, or any federal agencies that have 
special civilian employee retirement programs; or to a national, state, 
county, municipal, or other publicly recognized charitable or income 
security administration agency (e.g., state unemployment-compensation 
agencies), when necessary to adjudicate a claim under the retirement, 
insurance, unemployment, or health benefits programs of the Board, a 
Federal Reserve Bank, or any agency cited above, or to an agency to 
conduct an analytical study or audit of benefits being paid under such 
programs;
    4. To disclose to the Office of Personnel Management's Federal 
Employees Group Life Insurance Program or any contractor, information 
necessary to verify election, declination, or waiver of regular and/or 
optional life insurance coverage, eligibility for payment of a claim 
for life insurance, or a Thrift Savings Program (TSP) election change 
and designation of beneficiary;
    5. To disclose to an employee, agent, contractor, or administrator 
of any Board, Federal Reserve System, or federal government employee 
benefit or savings plan, any information necessary to carry out any 
function authorized under such plan, or to carry out the coordination 
or audit of a benefit or savings plan;
    6. To disclose information to any source from which additional 
information is requested (to the extent necessary to identify the 
individual, inform the source of the purpose(s) of the request, and to 
identify the type of information requested), when necessary to obtain 
information relevant to a Board decision to hire or retain an employee, 
issue a security clearance, conduct a security or suitability 
investigation of an individual, classify jobs, let a contract, or issue 
a license, grant, or other benefits;
    7. To disclose information to the executor of an individual's 
estate, the government entity probating a will, a designated 
beneficiary, or to any person who is responsible for the care of an 
individual to the extent necessary when the individual to whom a record 
pertains is deceased, mentally incompetent, or under other legal 
disability, and to disclose information to an individual's emergency 
contact, or, if the emergency contact is unavailable, to any person who 
the Board believes is assisting the individual, when necessary to 
assist that individual in obtaining any employment benefit or any 
working condition, such as an accommodation under the Rehabilitation 
Act of 1973;
    8. To disclose information to a federal, state, or local agency to 
the extent necessary to comply with laws governing reporting of 
communicable diseases or when it is reasonably believed that an 
individual might have contracted an illness or been exposed to or 
suffered from a health hazard while employed in the federal work force;
    9. To disclose to prospective nonfederal employers the following 
information about a specifically identified current or former Board 
employee: (1) Tenure of employment; (2) civil service status; (3) 
length of service at the Board and in the government; and (4) when 
separated, the date and nature of action as shown on the job action;
    10. To disclose information to a federal, state or local 
governmental entity or agency (or its agent) when necessary to locate 
individuals who are owed money or property either by a federal, state, 
or local agency, or by a financial or similar institution;
    11. To disclose to a spouse or dependent child (or court-appointed 
guardian thereof) of a Board employee enrolled in the Federal Employees 
Health Benefits Program when the employee has changed from a self-and-
family to a self-only health benefits enrollment and to disclose to a 
spouse information regarding the employee's pension and Thrift plan;
    12. To verify for an entity preparing to make a loan to an employee 
the individual's employment status and salary;
    13. To disclose information to officials of labor organizations 
recognized under applicable law, regulation, or policy when relevant 
and necessary to their duties of exclusive representation concerning 
personnel policies, practices, and matters affecting working 
conditions;
    14. To disclose information to officials of foreign governments for 
clearance before a Board employee is assigned to that country;
    15. To disclose information to a federal, state, or local agency 
for determination of an individual's entitlement to benefits in 
connection with Federal Housing Administration programs or other 
federal programs;
    16. To consider and select employees for incentive awards and other 
honors and to publicize those granted (this may include disclosure to 
other public and private organizations, including news media, which 
grant or publicize employee awards);
    17. To disclose specific Board or civil service employment 
information required under law by the Department of Defense on 
individuals identified as members of the Ready Reserve to ensure 
continuous mobilization readiness of Ready Reserve units and members, 
and to identify demographic characteristics of Board or civil service 
retirees for national emergency mobilization purposes;
    18. To disclose relevant information with personal identifiers of 
Board employees to authorized federal agencies and nonfederal entities 
for use in computer matching. The matches will be performed to help 
eliminate waste, fraud, and abuse in governmental programs; to help 
identify individuals who are potentially in violation of civil or 
criminal law or regulation; and to collect debts and overpayments owed 
to federal, state, or local governments and their components. The 
information disclosed may include, but is not limited to, the name, 
Social Security number, date of birth, gender, annualized salary rate, 
service computation date of basic active service, veteran's preference, 
retirement status, occupational services, health plan code, position 
occupied, work schedule (full time, part time, or intermittent), duty 
station location, standard metropolitan statistical area, special 
program identifier, and submitting office number of Board employees; 
and
    19. To disclose information to the Office of Child Support 
Enforcement, Administration for Children and Families, Department of 
Health and Human Services, Federal Parent Locator System and Federal 
Offset System for use in locating individuals, verifying Social 
Security numbers, and identifying their incomes sources to establish 
paternity, establish and modify orders of support for enforcement 
action.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form. 
Electronic records are stored in the Federal Reserve

[[Page 24991]]

Integrated Records Management Architecture (FIRMA).
    Retrievability. Records can be retrieved by name or employee 
identification number.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. All records are retained for the 
appropriate period which ranges from when superseded or obsolete to 
sixty-five years after separation from Federal service.

System manager and address:
    Associate Director, Human Resources, Management Division, Board of 
Governors of the Federal Reserve System, 20th Street and Constitution 
Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom it applies (or is 
derived from the information the individual supplied); Board officials; 
the OPM Personnel Management Records System; personnel records of other 
government agencies; personnel records of Federal Reserve Banks; and 
official transcripts from schools when authorized by the employee.

Exemptions claimed for the system:
    Certain portions of this system of records may be exempt from 5 
U.S.C. 552a(c)(3), (d), (e)(1), (e)(4)(G), (H), and (I), and (f) of the 
Privacy Act pursuant to 5 U.S.C. 552a(k)(2) and (k)(5).
BGFRS-5

System name:
    FRB--EEO Discrimination Complaint File.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Applicants for Board employment, and past and present Board 
employees who have filed a complaint of discrimination or appealed a 
determination made by an official of the Board relating to equal 
employment opportunities.

Categories of records in the system:
    Documents relating to a complaint, the decision or determination 
made by the Board affecting an individual under the Board's EEO 
regulations and procedures. The records consist of the initial 
complaint or appeal letters or notices to the individual, record of 
hearings when conducted, materials placed into the record to support 
the decision or determination, affidavits or statements, testimonies of 
witnesses, investigative reports, instructions to the Board and/or 
individual about action to be taken to comply with decisions, and 
related correspondence, opinions and recommendations.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248).

Purpose(s):
    These records are collected and maintained to assist the Board in 
carrying out its responsibilities under the Rehabilitation Act of 1973, 
Title VII of the Civil Rights Act, and other nondiscrimination 
statutes.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B, C, D, F, G, and I apply to this system. 
Records may also be used to disclose information to management as a 
data source for production of summary descriptive statistics and 
analytical studies in support of the function for which the records are 
collected and maintained, or for related personnel management functions 
or manpower studies and may also be utilized to respond to 
investigative or legal requests for statistical information (without 
personal identification of individuals).

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper form.
    Retrievability. Records can be retrieved by the individual's name.
    Access Controls. Access to records is limited to those whose 
official duties require it. Records are secured by lock and key.
    Retention and disposal. All records are retained for four years 
after resolution of the case.

System manager and address:
    EEO Programs Director, Office of the Staff Director for Management, 
Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

[[Page 24992]]

Record source categories:
    Information is provided by the individual to whom the record 
pertains, Board employees, testimonies of witnesses, official documents 
relating to the appeal, grievance, or complaints, and correspondence 
from organizations or persons.

Exemptions claimed for the system:
    Certain portions of this system of records may be exempt from 5 
U.S.C. 552a(c)(3), (d), (e)(1), (e)(4)(G), (H), and (I), and (f) of the 
Privacy Act pursuant to 5 U.S.C. 552a(k)(2).
BGFRS-6

System name:
    FRB--Disciplinary and Adverse Action Records.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Past and present Board employees (including special employees) who 
were or are involved in a disciplinary or adverse action.

Categories of records in the system:
    This system contains records and documents on the processing of 
adverse actions and disciplinary actions. The following categories of 
records are maintained in this system: Copies of the notice of proposed 
action, materials relied on by the Board to support the reasons in the 
notice, replies by the employee, statements of witnesses, hearing 
notices, record of hearings, reports, appeals and related documents, 
Board decisions, and records related to the Personnel Placement 
Program.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248).

Purpose(s):
    These records are collected and maintained to assist the Board in 
administering its personnel functions, and to maintain a record of 
proceedings in a disciplinary or adverse action.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B, C, D, E, F, G, H, and I apply to this 
system. Records may also be used:
    1. To disclose information to any source from which additional 
information is requested (to the extent necessary to identify the 
individual, inform the source of the purpose(s) of the request, and 
identify the type of information requested), when necessary to obtain 
information relevant to a Board decision to hire or retain an employee, 
issue a security clearance, conduct a security or suitability 
investigation of an individual, classify jobs, let a contract, or issue 
a license, grant, or other benefit;
    2. In producing summary descriptive statistics and analytical 
studies to support the function for which the records are collected and 
maintained, or for related work force studies (While published 
statistics and studies do not contain individual identifiers, in some 
instances the selection of elements of data included in the study may 
be structured in such a way as to make the data individually 
identifiable by inference.);
    3. To provide an official of another federal agency information he 
or she needs to know in the performance of his or her official duties 
or reconciling or reconstructing data files, in support of the 
functions for which the records were collected and maintained; and
    4. To disclose information to the Department of Labor, Department 
of Veterans Administration, Social Security Administration, Department 
of Defense, a Federal Reserve Bank, or any other federal agencies that 
have special civilian employee retirement programs; or to a national, 
state, county, municipal, or other publicly recognized charitable or 
income security, administration agency (e.g., state unemployment 
compensations agencies), when necessary to adjudicate a claim under the 
retirement, insurance, unemployment, or health benefits programs of the 
Board, a Federal Reserve Bank, or any agency cited above, or to an 
agency to conduct an analytical study or audit of benefits being paid 
under such programs.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records can be retrieved by the names of the 
individuals on whom they are maintained.
    Safeguards. Access to records is limited to those whose official 
duties require it. Paper records are secured by lock and key and 
electronic records are password protected.
    Retention and disposal. Records are maintained for seven years 
after the case is closed.

System manager(s) and address:
    Manager, Staffing, ER and Clearances, Management Division, Board of 
Governors of the Federal Reserve System, 20th Street and Constitution 
Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains; Board officials; affidavits or statements from employees; 
testimonies of witnesses; official documents relating to an action, 
appeal, grievance, or complaint; and correspondence from specific 
organizations or persons.

Exemptions claimed for the system:
    None.
BGFRS-7

System name:
    FRB--Payroll and Leave Records.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

[[Page 24993]]

Categories of individuals covered by the system:
    Past and present employees and members of the Board.

Categories of records in the system:
    Payroll records, including pay statements; requests for deductions; 
tax and Social Security withholdings; Board retirement deductions; any 
voluntary withholdings; tax forms; W-2 forms; overtime requests; leave 
data; worker's compensation data; leave records, including compensatory 
time, and codes indicating reasons for taking leave, such as family 
illness, or military leave.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248), and Executive Order 9397.

Purpose(s):
    These records are collected and maintained by the Board for 
payroll, attendance, leave, insurance, tax, retirement, budget, and 
cost-accounting programs, and to facilitate compliance with statutory 
requirements.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B, C, D, E, F, G, H, and I apply to this 
system. Records may also be used:
    1. To disclose information to the Office of Child Support 
Enforcement of the United States Department of Health and Human 
Services, for use in locating individuals, verifying Social Security 
Numbers, and identifying their income sources to establish paternity, 
establishing and modifying orders of child support, identifying sources 
of income, and for other child support enforcement actions;
    2. To disclose information appropriate federal and state agencies 
to provide required reports including data on unemployment insurance;
    3. To disclose information to the Social Security Administration to 
report FICA deductions;
    4. To disclose information to charitable institutions to report 
contributions;
    5. To disclose information to the Internal Revenue Service and to 
state, local, tribal, and territorial governments for tax purposes;
    6. To disclose information to the Office of Personnel Management in 
connection with programs administered by that office;
    7. To disclose information to an employee, agent, contractor, or 
administrator of any Board, Federal Reserve System, or federal 
government employee benefit or savings plan, any information necessary 
to carry out any function authorized under such plan, or to carry out 
the coordination or audit of such plan;
    8. To disclose information to officials of labor organizations 
recognized under applicable law, regulation, or policy when relevant 
and necessary to their duties of exclusive representation concerning 
personnel policies, practices, and matters affecting working 
conditions;
    9. To disclose information to a federal agency for the purpose of 
collecting a debt owed the federal government through administrative or 
salary offset or the offset of tax refunds;
    10. To disclose relevant information to other federal agencies 
conducting computer matching programs to eliminate fraud and abuse and 
to detect unauthorized overpayments made to individuals; and
    11. To disclose information to verify for an entity preparing to 
make a mortgage or other loan to an employee the individual's 
employment status and salary, at the request of the individual.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper form and electronic form.
    Retrievability. Records can be retrieved by name, social security 
number, or employee identification number.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. All records are retained for the 
appropriate period which ranges from one year from the date of annual 
audit or when six years old (whichever is sooner) to sixty-five years 
after separation or transfer of the employee.

System manager and address:
    Manager, Payroll, Compensation and Benefits, Management Division, 
Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual or his or her supervisor 
on internal personnel forms, federal, state, and local tax forms, 
employee authorizations and directive forms, insurance forms, leave and 
overtime reports, and federal and state garnishment forms.

Exemptions claimed for the system:
    None.
BGFRS-8

System name:
    FRB--Travel Records.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.
    Some information, including travel and lodging reservations by 
employees and individuals who are provided travel by the Board, is 
collected and maintained, on behalf of the Board, by SatoTravel 
Services at 4601 N. Fairfax Drive, Suite 170, Arlington, VA 22203.

Categories of individuals covered by the system:
    Past and present Board employees, and authorized individuals who 
are provided travel by the Board.

Categories of records in the system:
    Travel Authorization forms and supporting documentation; Travel 
Expense Statements and supporting documentation; applications for the 
government travel card; periodic reports

[[Page 24994]]

from the card issuer regarding use of the government travel cards; 
records regarding Board reimbursement of travel expenses; and records 
regarding reservations for transportation and lodging sent to the 
Board's Travel Office. Records maintained by the government travel card 
issuer are covered by the government-wide system of records, Travel 
Charge Card Program (GSA/GOVT-3).

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248), and Executive Order 9397.

Purpose(s):
    These records are collected and maintained to provide a travel 
management process that covers official travel for the Board and 
provides for tracking and appropriate reimbursement of expenses 
incurred in such travel.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B, C, D, F, G, H, and I apply to this 
system. Records may also be used:
    1. To disclose information to a Federal agency for accumulating 
reporting data and monitoring travel management centers;
    2. To disclose information in the form of listings, reports, and 
records of all common carrier transactions including refunds and 
adjustments to an agency by the contractor to enable audits of carrier 
charges to the Federal government; and
    3. To disclose information to consumer reporting agencies as 
defined in the Fair Credit Reporting Act (15 U.S.C. 1681a(f)) regarding 
the use of the government travel card.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in both paper and electronic form.
    Retrievabililty. Paper records can be retrieved by the traveler's 
name. Electronic records can be retrieved by name, employee 
identification number, social security number, travel card account 
number, or trip number.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected. Paper records more than 
two years old are stored at an offsite facility.
    Retention and disposal. All records are retained for six years 
after the period of the account except that in certain instances 
(generally involving deductions or overcharges), the records are 
retained for ten years.

System manager and address:
    Manager, Special Projects and Travel, Management Division, Board of 
Governors of the Federal Reserve System, 20th Street and Constitution 
Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains, from Travel Authorizations, reports from the government 
travel card contractor, from the automated financial system of the 
Management Division regarding reimbursement, and from the travel agency 
regarding reservations.

Exemptions claimed for the system:
    None.
BGFRS-9

System name:
    FRB--Supplier Files.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Individuals who supply contracted services to the Board, and 
speakers, applicants or other official visitors to whom the Board must 
provide reimbursement for fees, travel or other expenses (collectively 
referred to as ``suppliers'').

Categories of records in the system:
    Supplier Information Form, W-9 Tax Identification Document, and any 
other information pertaining to the supplier's status. The Supplier 
Information Form contains the following information: individual's name, 
social security number or taxpayer identification number, address, 
telephone/fax numbers, email address, contact name/telephone number, 
supplier classification (such as vendor, speaker, or applicant), and 
EFT bank information.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248), and Executive Order 9397.

Purpose(s):
    These records are collected and maintained to assist the Board in 
tracking and paying suppliers and completing reports for the Internal 
Revenue Service.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, C, D, G, and I, apply to this system. 
Records may also be used to disclose information to the Internal 
Revenue Service to report payments that may be considered income to the 
suppliers.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form. Some 
electronic records created prior to October 2003 are stored in the 
Federal Reserve Integrated Records Management Architecture (FIRMA).
    Retrievability. Paper records can be retrieved by a supplier's 
name. Electronic records can be retrieved by name, social security 
number, taxpayer identification number, or purchase order number.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.

[[Page 24995]]

    Retention and disposal. All records relating to contracts that 
exceed the simplified acquisition threshold and all construction 
contracts exceeding $2,000 are retained for six years and three months 
after final payment and all other records are retained for three years 
after final payment.

System manager and address:
    Assistant Director, Technology Support, Management Division, Board 
of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual on whom the record 
pertains, information from Travel Authorizations and Travel Expense 
Statements, and information from contract documents.

Exemptions claimed for the system:
    None.
BGFRS-10

System name:
    FRB--General Files on Board Members.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Past and present members of the Board.

Categories of records in the system:
    Biographies of past and present members of the Board, oaths of 
office, and miscellaneous correspondence relating to such members.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248).

Purpose(s):
    These records are collected and maintained to confirm the 
composition of the Board, length of term, appointments, succession, and 
biographical details.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, C, D, G, and I apply to this system. 
Records may also be used for background information to determine 
qualifications for appointment and reappointment, for compiling 
information for news releases and other publications, and for recording 
correspondence concerning the governors.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form. 
Electronic records are stored in the Federal Reserve Integrated Records 
Management Architecture (FIRMA).
    Retrievability. Records can be retrieved by name.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. All records are permanent.

System manager and address:
    Secretary of the Board, Office of the Secretary, Board of Governors 
of the Federal Reserve System, 20th Street and Constitution Avenue, 
NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    The information is provided by individual to whom the record 
pertains, his or her incoming correspondence, and staff response 
thereto.

Exemptions claimed for the system:
    Certain portions of this system of records may be exempted from 5 
U.S.C. 552a(c)(3), (d), (e)(1), (e)(4)(G), (H), and (I), and (f) of the 
Privacy Act pursuant to 5 U.S.C. 552a(k)(5).
BGFRS-11

System name:
    FRB--Official General Files.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Correspondents with the Board and System personnel.

Categories of records in the system:
    Incoming and outgoing correspondence concerning Board business, 
including records relating to System personnel in official capacities 
such as instructors, consultants, and Board representatives to various 
committees, conferences, etc.

[[Page 24996]]

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248).

Purpose(s):
    These records are collected and maintained to document important 
transactions between Board members, officials, and staff and with the 
White House, Congress, other federal agencies, foreign financial 
institutions, professional groups, and the public.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, C, D, G, and I apply to this system. 
Records may also be used for reference purposes in preparing responses 
to inquiries from the public and used in recording official duties of 
System personnel.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form. 
Electronic records are stored in the Federal Reserve Integrated Records 
Management Architecture (FIRMA).
    Retrievability. Records can be retrieved by name.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. All records are retained for the 
appropriate period ranging from three years to permanently.

System manager and address:
    Secretary of the Board, Office of the Secretary, Board of Governors 
of the Federal Reserve System, 20th Street and Constitution Avenue, 
NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains, his or her incoming correspondence, and staff response 
thereto.

Exemptions claimed for the system:
    Certain portions of this system of records may be exempted from 5 
U.S.C. 552a(c)(3), (d), (e)(1), (e)(4)(G), (H), and (I), and (f) of the 
Privacy Act pursuant to 5 U.S.C. 552a(k)(5).
BGFRS-12

System name:
    FRB--Bank Officers Personnel System.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Past and present Federal Reserve Bank officers.

Categories of records in the system:
    Personnel information (including demographic, academic, 
professional, and employment information) on Reserve Bank officers, as 
well as personnel actions that have occurred during their employment 
with the Federal Reserve Banks, including the Federal Reserve 
Information Technology office and the Office of Employee Benefits.

Authority for maintenance of the system:
    Sections 4, 10, 11 and 21 of the Federal Reserve Act (12 U.S.C. 
247, 248, 307, and 485).

Purpose(s):
    These records are collected and maintained to assist the Board in 
its oversight role of the Federal Reserve Banks.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B C, D, F, G, H, and I apply to this 
system. Records may also be used to provide reports, such as the 
Board's Annual Report, to Congress, agencies, and the public on 
characteristics of the Federal Reserve Bank officer work force.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records can be retrieved by name or employee 
identification number.
    Access Controls. Access is limited to those whose official duties 
require it. Paper records are secured by lock and key and electronic 
records are password protected.
    Retention and disposal. All records are retained until no longer 
needed for administrative or reference purposes.

System manager and address:
    Division Director, Reserve Bank Operations and Payment Systems, 
Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be

[[Page 24997]]

amended, and (3) describe the nature of and reasons for each requested 
amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains, Federal Reserve Bank staff, and personnel systems.

Exemptions claimed for the system:
    None.
BGFRS-13

System name:
    FRB--Federal Reserve System Bank Supervision Staff Qualifications.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.
    Some information is collected and maintained, on behalf of the 
Board, by the twelve Federal Reserve Banks.

Categories of individuals covered by the system:
    Past and present bank supervision staff (including bank examiners) 
employed by the Federal Reserve System.

Categories of records in the system:
    Information relating to the skills, qualifications, training, and 
experience of bank supervision staff, and information regarding past 
and present assignments and current availability of individual bank 
supervision staff employees.

Authority for maintenance of the system:
    Sections 10, 11, and 21 of the Federal Reserve Act (12 U.S.C. 244, 
248, and 483).

Purpose(s):
    These records are collected and maintained to assist the Board in 
performing its statutory duty to examine state member banks, bank 
holding companies, financial holding companies and affiliates of such 
institutions. The information is used to assist in career development 
of examiners and other bank supervision staff. The information also 
aids the Board and the Reserve Banks in selecting qualified bank 
supervision staff for particular assignments.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General Routine uses A, B, C, D, E, F, G, H, and I apply to this 
system. Records may also be used to disclose information to Federal 
Reserve Banks in connection with work performed on behalf of the Board 
or training provided by the Federal Reserve System.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records can be retrieved by the name or a unique 
assigned identification number for the individual on whom they are 
maintained.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. All records are made inactive when the 
employee leaves the Federal Reserve System and are retained for five 
years after the record becomes inactive.

System managers and address:
    Division Director, Banking Supervision and Regulation, and Division 
Director, Consumer and Community Affairs, Board of Governors of the 
Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains and personnel and training records regarding the individual 
that are maintained by the Board and Federal Reserve Banks.

Exemptions claimed for the system:
    Certain portions of this system of records may be exempt from 5 
U.S.C. 552a(c)(3), (d), (e)(1), (e)(4)(G), (H), and (I), and (f) of the 
Privacy Act pursuant to 5 U.S.C. 552a(k)(5).
BGFRS-14

System name:
    FRB--General File of Federal Reserve Bank and Branch Directors.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Past and present Federal Reserve Bank and Branch directors.

Categories of records in the system:
    Biographies of past and present Federal Reserve Bank and Branch 
directors, oaths of office, resignations, and miscellaneous 
correspondence.

Authority for maintenance of the system:
    Sections 3, 4, 11 and 21 of the Federal Reserve Act (12 U.S.C. 248, 
302, 485, and 521).

Purpose(s):
    These records are collected and maintained to assist the Board in 
its oversight of the selection of Federal Reserve Bank and Branch 
Directors.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, C, D, G, and I apply to this system. 
Records may be used as background information for determining 
qualifications for appointment and reappointment, for compiling 
information for news releases and other publications, and for recording 
correspondence concerning such persons.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records can be retrieved by name.

[[Page 24998]]

    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. All records are retained for at least five 
years after the annual cutoff, and then destroyed or deleted when no 
longer needed for administrative or reference purposes.

System manager and address:
    Secretary of the Board, Office of the Secretary, Board of Governors 
of Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains, his or her incoming correspondence, and staff response 
thereto.

Exemptions claimed for the system:
    Certain portions of this system of records may be exempt from 5 
U.S.C. 552a(c)(3), (d), (e)(1), (e)(4)(G), (H), and (I), and (f) of the 
Privacy Act pursuant to 5 U.S.C. 552a(k)(5).
BGFRS-16

System name:
    FRB--Regulation U Reports of Nonbank Lenders.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Individuals (other than banks, brokers, and dealers) who extend 
credit in specified amounts secured by margin stock.

Categories of records in the system:
    Responses to G-1, G-2, and G-4 Reports filed by persons registered 
pursuant to Regulation U, 12 CFR 221, including identifying information 
about the registrant such as name, address, securities credit, and 
balance sheet assets and liabilities.

Authority for maintenance of the system:
    Sections 3, 7, 17, and 23 of the Securities Exchange Act of 1934 
(15 U.S.C. 78c, 78g, 78q, and 78w), and Regulation U (12 CFR 221).

Purpose(s):
    These records are collected and maintained to assist the Board in 
maintaining a current list of persons registered as margin lenders 
under the securities laws.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, C, D, G, and I apply to this system. 
Records may be used:
    1. To disclose, upon request, the name of a registered individual 
who extends credit secured by margin stock; and
    2. To disclose information, when appropriate, to foreign 
governmental authorities in accordance with law, and formal or informal 
international agreements.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records can be retrieved by the individual's name.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. The electronic images of the G-1 and G-2 
Reports are retained for fifteen years after approval of application, 
then destroyed when no longer needed for reference. The paper files are 
destroyed upon verification of the electronic image and/or when no 
longer needed for reference. The G-4 Reports are retained five years, 
then destroyed when no longer needed for administrative purposes. If 
the G-4 Reports are received in paper, but then entered into an 
electronic system at the Board, the paper record may be destroyed upon 
verification of the database.

System manager and address:
    Division Director, Banking Supervision and Regulation, Board of 
Governors of the Federal Reserve System, 20th Street and Constitution 
Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains.

Exemptions claimed for the system:
    None.

[[Page 24999]]

BGFRS-17

System name:
    FRB--Municipal or Government Securities Principals and 
Representatives.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Persons who are, or seek to be, municipal or government securities 
principals or municipal or government securities representatives 
associated with a municipal or government securities dealer that is a 
state member bank of the Federal Reserve System or a United States 
branch of a foreign bank, or a subsidiary or a department or division 
thereof.

Categories of records in the system:
    Identifying information; educational, employment, and disciplinary 
information; scores on professional qualification examinations; and, 
where applicable, information regarding termination of employment of 
individuals covered by the system. Identifying information includes 
name, address, date and place of birth, and may include Social Security 
number.

Authority for maintenance of the system:
    Sections 3, 15B, 15C, 17, and 23 of the Securities Exchange Act of 
1934 (15 U.S.C. 78c, 78o-4, 78o-5, 78q, and 78w), section 11 of the 
Federal Reserve Act (12 U.S.C. 248), and Executive Order 9397.

Purpose(s):
    These records are collected and maintained to permit the Board to 
perform its responsibilities under the securities laws with regard to 
the persons described in this system of records.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, C, D, E, G, and I apply to this system. 
Records may also be used to disclose information to a federal, state, 
local, or foreign governmental authority or a self-regulatory 
organization if necessary in order to obtain information relevant to a 
Federal Reserve Board inquiry concerning a person who is or seeks to be 
associated with a municipal or government securities dealer.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records can be retrieved by the individual's name.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. The retention period for these records is 
currently under review. Until the review is completed, these records 
will not be destroyed.

System manager and address:
    Division Director, Banking Supervision and Regulation, Board of 
Governors of the Federal Reserve System, 20th Street and Constitution 
Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains as well as municipal or government securities dealers with 
whom the individuals are associated, and federal, state, local, and 
foreign governmental authorities, and self-regulatory organizations 
which regulate the securities industry.

Exemptions claimed for the system:
    None.
BGFRS-18

System name:
    FRB--Consumer Complaint Information.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.
    Some information is collected and maintained, on behalf of the 
Board, by the twelve Federal Reserve Banks.

Categories of individuals covered by the system:
    Persons who have filed consumer complaints with the Federal Reserve 
Board or a Federal Reserve Bank, or whose complaint to another agency 
has been referred to the Federal Reserve Board for review.

Categories of records in the system:
    Complaints regarding state-chartered member banks, as well as other 
financial institutions, individuals, or organizations that are subject 
to federal banking supervision. The records may contain the name and 
address of an individual or organization that referred a matter to the 
Board. Information in these records includes the complainant's name; 
the name of the financial institution that is the subject of the 
complaint; the subject matter of the complaint; and the Board's 
response to the complaint. Supporting records include, but are not 
limited to, documents supplied by the complainant. If the complaint 
concerns an institution that is not subject to supervision by the 
Board, the record may consist of a referral letter to the appropriate 
supervisory agency.

Authority for maintenance of the system:
    Section 11 of the Federal Reserve Act (12 U.S.C. 248); section 5 of 
the Bank Holding Company Act (12 U.S.C. 1844); and section 18(f) of the 
Federal Trade Commission Act (15 U.S.C. 57a(f)).

Purpose(s):
    These records are collected and maintained to permit the Board to 
perform its responsibilities under the Federal Reserve Act, the Federal 
Trade Commission Act, and other consumer protection laws to respond to 
consumer complaints and inquiries regarding

[[Page 25000]]

practices by banks and other financial institutions supervised by the 
Board.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B, C, D, G, and I apply to this system. 
Records may also be used:
    1. To disclose information to a Board-regulated entity that is the 
subject of a complaint or inquiry; and
    2. To disclose information to third parties to the extent necessary 
to obtain information that is relevant to the resolution of a complaint 
or inquiry.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form. 
Electronic records are stored in the Federal Reserve Integrated Records 
Management Architecture (FIRMA).
    Retrievability. Records can be retrieved by consumer name, bank 
name, Reserve Bank name, or control number.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. All records are retained for five years, 
then destroyed when no longer needed for administrative purposes.

System manager and address:
    Division Director, Consumer and Community Affairs, Board of 
Governors of the Federal Reserve System, 20th Street and Constitution 
Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual who initiates complaint 
(or his or her representative, which may include a member of Congress 
or an attorney); appropriate federal, state, or local regulatory and 
enforcement agencies; and institutions or individuals that are the 
subject of the complaint.

Exemptions claimed for the system:
    Certain portions of this system of records may be exempt from 5 
U.S.C. 552a(c)(3), (d), (e)(1), (e)(4)(G), (H), and (I), and (f) of the 
Privacy Act pursuant to 5 U.S.C. 552a(k)(2).
BGFRS-20

System name:
    FRB--Survey of Consumer Finances.

System location(s):
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.
    Information is also collected and maintained on behalf of the 
Board, by National Opinion Research Center at the University of Chicago 
(NORC) at 1155 East 60th Street, Chicago, IL 60637.

Categories of individuals covered by the system:
    Voluntary response to the Board's periodic survey of U.S. 
households on the current state of households' finances (SCF).

Categories of records in the system:
    NORC, the independent contractor for survey data collection, holds 
three types of files:
    (a) Answers given by survey participants in the course of the 
administration of the survey questionnaire. No identifying information 
is included in this category.
    (b) Answers given by interviewers to questions about the 
administration, or attempted administration, of the survey interview, 
and answers given by interviewers to questions about the area around 
the sample addresses. No identifying information is included in this 
category.
    (c) A control file containing the name, address, other identifying 
or locating characteristics of members of the survey sample, and 
technical information describing survey participation.
    The Board holds five types of files:
    (a) All information included in (1)(a) and (1)(b).
    (b) A control file containing general geographic characteristics 
and technical information describing survey participation. No 
identifying information is included in this category.
    (c) For a part of the survey sample, information from statistical 
records derived from individual tax returns, including a Social 
Security number but containing no other identifying information.
    (d) Files of information matched to the survey data by high-level 
characteristics, such as general location, occupation, banking market, 
etc. No identifying information is included in this category.

Authority for maintenance of the system:
    Section 2A of the Federal Reserve Act (12 U.S.C. 225a) and 15 
U.S.C. 1601, note.

Purpose(s):
    The records are collected and maintained for statistical purposes 
only in order to structure, conduct, and process the SCF. The SCF is a 
key part of the national statistical system and it provides a basis for 
a wide variety of government, academic, and other statistical research.

Routine uses of records maintained in the system, including categories 
of users and the purpose of such uses:
    Data collected as a part of the SCF are protected under the 
Confidential Information Protection and Statistical Efficiency Act 
(CIPSEA). To the extent that disclosure is permitted under CIPSEA, 
records may be disclosed for general routine uses C and I. Records may 
also be used:
    1. Prior to the completion of data collection, the survey 
contractor uses information in the system to devise and attempt to 
execute a plan to request an interview with all members of the survey 
sample; access to such information is available only to those involved 
in the sample design and its implementation in the field.
    2. Upon completion of data collection, access by the contractor to 
the system is limited to the specific information necessary to complete 
the initial processing of the data and to respond to requests from 
survey participants.
    3. At the Board, access to data from the system is available only 
to staff

[[Page 25001]]

members who have the primary responsibility for conducting and 
processing the survey.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records of answers provided by survey participants 
or interviewers can be retrieved by an identification number (which is 
generated for administrative purposes). Control file records can be 
retrieved by all categories of identifying information and above noted 
identification number.
    Access Controls. Access to records is limited to those whose 
official duties, consistent with CIPSEA, require it. All records are 
secured by such controls as required to comply with CIPSEA.
    Retention and disposal. All input information is retained at least 
six months after the accuracy of the database has been verified and 
destroyed when no longer needed for administrative or reference 
purposes. The final version of the SCF data set is one statistically 
altered to protect the identity of the survey participants; this data 
set is placed in the public domain. A data set without these 
alterations is retained as a restricted version within the 
Microeconomics Surveys Unit at the Federal Reserve Board.

Systems manager and address:
    Head, Microeconomic Surveys Unit, Financial Studies Section, 
Division of Research and Statistics, Board of Governors of the Federal 
Reserve System, 20th Street and Constitution Avenue, NW., Washington, 
DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by survey participants. Other information 
about the steps taken to obtain an interview, the progress of the 
interview, and the general characteristics of the neighborhood of the 
sample address, is obtained from the survey interviewers. Technical 
sample design information for a geographically based part of the survey 
sample is obtained from NORC; for sample members in the other part of 
the sample, statistical records derived from individual tax returns are 
obtained from the Statistics of Income Division of the Internal Revenue 
Service.

Exemptions claimed for the system:
    None.
BGFRS-21

System name:
    FRB--Supervisory Enforcement Actions and Special Examinations 
Tracking System.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.
    Some information is collected and maintained, on behalf of the 
Board, by the twelve Federal Reserve Banks.

Categories of individuals covered by the system:
    Directors, officers, employees, shareholders, agents, independent 
contractors, and persons participating in the conduct of the affairs of 
entities regulated by the Board (``institution-affiliated parties'') 
who may have been involved in suspected criminal activity, suspicious 
activities under the Bank Secrecy Act, potential or actual violations 
of law, or unsafe and unsound banking practices, and other individuals 
who may have been involved in suspected criminal activity, suspicious 
activities under the Bank Secrecy Act, violations of law, or unsafe or 
unsound banking practices referenced in documents received or prepared 
by the Board in the course of exercising its supervisory functions.

Categories of records in the system:
    Inter- and intra-agency correspondence, memoranda, reports, and 
notes. The records stored in Supervisory Enforcement Actions and 
Special Examinations Tracking System (SEASE) contain information 
identifying and/or describing particular financial institutions and 
individuals; suspected criminal activity, suspicious activity under the 
Bank Secrecy Act, violations of law, or unsafe and unsound banking 
practices; dollar amounts; dates of suspicious activity, violation, or 
unsafe and unsound banking practice; and witnesses. The records may 
include the following information about current or former institution-
affiliated parties or other individuals: Name; date of birth; 
employment relationship to institution; employment termination date; 
social security number or taxpayer identification number; current 
employer; name(s) of the financial institution that the individual is/
was affiliated with in connection with alleged violations of law, 
suspicious activity, or unsafe and unsound banking practices; 
information regarding alleged violations of law, suspicious activity, 
or unsafe and unsound banking practices; and examination, supervisory, 
investigatory and/or enforcement comments in connection with alleged 
violations of law, suspicious activity, or unsafe and unsound banking 
practices. SEASE also tracks a number of other dates including case 
opening, approvals of case management and enforcement decisions, and 
effective dates and termination dates of enforcement actions.

Authority for maintenance of the system:
    The Federal Reserve Act (12 U.S.C. 221 et seq.); the Change in Bank 
Control Act (12 U.S.C. 1817(j)); the Bank Merger Act (12 U.S.C. 
1828(c)); the Federal Deposit Insurance Act (12 U.S.C. 1811 et seq.); 
the Bank Holding Company Act (12 U.S.C. 1841 et seq.); the Bank Service 
Company Act (12 U.S.C. 1861 et seq.); the International Banking Act (12 
U.S.C. 3101 et seq.); the consumer protection laws regarding practices 
by banks and other financial institutions supervised and regulated by 
the Board; the Board's Regulations (12 CFR 201 et seq.); and Executive 
Order 9397.

Purpose(s):
    These records are collected and maintained to serve as a central 
repository and tracking system for Federal Reserve System investigatory 
and enforcement actions.

[[Page 25002]]

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, C, D, G, and I apply to this system. 
Records may also be used:
    1. To disclose to federal financial regulatory agencies and FinCEN 
information relevant to their enforcement authority;
    2. To disclose information to third parties during the course of an 
investigation to the extent necessary to obtain information pertinent 
to the investigation; and
    3. To disclose information with regard to formal enforcement 
actions pursuant to 12 U.S.C. 1818(u), which requires the Board to 
publish and make available certain enforcement documents.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records can be retrieved by indexes of data fields, 
including name of financial institution, Federal Reserve Bank District, 
and individuals' names, social security number or taxpayer 
identification number, date of birth, employment relationship, 
employment termination date, and current employer.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. All records are retained with related 
records and deleted when no longer needed for administrative or 
reference purposes.

System manager and address:
    Special Counsel (Manager), Supervisory Enforcement Actions Section, 
Banking Supervision and Regulation, Board of Governors of the Federal 
Reserve System, 20th Street and Constitution Avenue, NW., Washington, 
DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by various sources, including, inter alia, 
law enforcement and other agency personnel involved in sending 
inquiries to the Board, documents received by the Board in the course 
of executing the Board's supervisory responsibilities, and reports and 
forms filed by individuals to whom the record pertains. The information 
maintained by FinCEN is compiled from SAR and related historical and 
updating forms compiled by financial institutions, the Board, and the 
other federal financial regulatory agencies for law enforcement 
purposes.

Exemptions claimed for the system:
    Certain portions of this system of records may be exempt from 5 
U.S.C. 552a(c)(3), (d), (e)(1), (e)(4)(G), (H), and (I), and (f) of the 
Privacy Act pursuant to 5 U.S.C. 552a(k)(2).
BGFRS-23

System name:
    FRB--Freedom of Information Act and Privacy Act Case Tracking and 
Reporting System.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Individuals who have submitted requests and individuals whose 
records are requested by others under the provisions of the Freedom of 
Information Act (FOIA) or the Privacy Act (PA), and individuals who 
have submitted feedback regarding the FOIA or PA programs and the 
processing of FOIA or PA requests.

Categories of records in the system:
    For individuals who have submitted requests, the following 
categories of records are maintained in this system: The log number 
assigned to the request, the name and address of a requester, the date 
of the request, the date a response is due, the date of the 
determination letter, the date responsive documents were mailed to 
requester, a brief description of the information requested, the names 
of Board staff to whom the request was assigned for processing, fee 
data, and other information used for tracking and to compile the FOIA 
Annual Report and other required reports. For individuals who have 
submitted feedback, the following categories of records are maintained 
in this system: The name and address of the individuals submitting the 
feedback, the date of the submission, the content of the feedback, a 
description of the subject matter of the feedback, the name of the 
Board employee who received the feedback and the response to the 
feedback.

Authority for maintenance of the system:
    FOIA (5 U.S.C. 552), PA (5 U.S.C. 552a), and 12 CFR 261 and 261a.

Purpose(s):
    These records are collected and maintained to assist the Board in 
carrying out its responsibilities under the FOIA and PA.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses C and I apply to this system. Records may also 
be used:
    1. To provide information to another federal agency, which 
furnished information responsive to a request, for the purpose of 
making a decision regarding access or amendment to the responsive 
information; and
    2. To release information to the news media and the public, unless 
it is determined that release of specific information in the context of 
a particular case would constitute an unwarranted invasion of personal 
privacy.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records can be retrieved by name of requester, log 
number assigned to the request, subject matter of the request, or any 
other field of information that is collected.
    Access Controls. Access is limited to those whose official duties 
require it. Paper records are secured by lock and

[[Page 25003]]

key and electronic records are password protected.
    Retention and disposal. All records are retained for the 
appropriate period which ranges from two years after date of reply to 
six years after the final action by the agency or final adjudication by 
courts, whichever is later.

System manager and address:
    Manager, Freedom of Information Office, Office of the Secretary, 
Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual making the request or 
submitting feedback regarding the FOIA or PA program, other agencies 
referring requests for access to or correction of records originating 
at the Board, and Board employees engaged in processing or making 
determinations on the requests or responding to the feedback.

Exemptions claimed for the system:
    None.
BGFRS-24

System name:
    FRB--EEO General Files.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Past and present employees of the Board.

Categories of records in the system:
    Self-identification reports of current and former employees 
regarding race, national origin, sex, and disability; identification by 
Board staff regarding the race, national origin, sex, and disability 
for those employees who refuse to voluntarily provide the information; 
and EEO-related training records.

Authority for maintenance of the system:
    Rehabilitation Act of 1973 (29 U.S.C. 791); Title VII of the Civil 
Rights Act (42 U.S.C. 2000e et seq.); Equal Pay Act (29 U.S.C. 206); 
sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 248); 
and the Notification and Federal Employee Antidiscrimination and 
Retaliation Act of 2002 (5 U.S.C. 2301, note).

Purpose(s):
    These records are collected and maintained to assist the Board in 
carrying out its responsibilities under the Rehabilitation Act of 1973, 
Title VII of the Civil Rights Act, and other nondiscrimination 
statutes.

Routine uses of records maintained in the system, including categories 
of uses and the purposes of such uses:
    General routine uses A, B, C, D, F, G and I apply to this system. 
Records may also be used to disclose information to management as a 
data source for production of summary descriptive statistics and 
analytical studies in support of the function for which the records are 
collected and maintained, or for related personnel management functions 
or manpower studies and may also be utilized to respond to 
investigative or legal requests for statistical information (without 
personal identification of individuals).

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records can be retrieved by the individual's name.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. All records are retained for three years, 
or when superseded or obsolete.

System manager and address:
    EEO Programs Director, Office of the Staff Director for Management, 
Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    The information is provided by the individual to whom the record 
pertains and employees responsible for administering the Board's EEO 
program.

Exemptions claimed for the system:
    None.
BGFRS-25

System name:
    FRB--Multi-Rater Feedback Records.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and

[[Page 25004]]

Constitution Avenue, NW., Washington, DC 20551.
    The completed multi-rater questionnaires and the resulting feedback 
reports are collected and maintained, on behalf of the Board, by the 
Hay Group at SunGard Data Systems Inc., 680 East Swedesford Road, 
Wayne, Pennsylvania 19087. Based on the information provided by the 
completed questionnaires, the contractor provides an individual 
feedback report to the individual being evaluated. With the exception 
of the feedback report that is provided to the individual being 
evaluated, no individually identifiable information is maintained on 
the Board's premises.

Categories of individuals covered by the system:
    Past and present employees of the Board who have participated in 
the multi-rater feedback program.

Categories of records in the system:
    Questionnaires completed by the individual being evaluated and his 
or her respondents, analyses of the questionnaires, and feedback 
reports compiled by the contractor based upon the analyses.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248).

Purpose(s):
    These records are collected and maintained to assist the Board in 
administering its personnel functions and improving the management 
skills of its employees.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routines uses A, C, D, F, G, H, and I apply to this system. 
Records may also be used to disclose information to an arbitrator to 
resolve disputes under a negotiated grievance procedure or to officials 
of labor organizations recognized under applicable law, regulation, or 
policy when relevant and necessary to their duties of exclusive 
representation concerning personnel policies, practices, and matters 
affecting working conditions.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievabililty. Records can be retrieved by the name of the 
individual being evaluated.
    Access Controls. The contractor maintains strict confidentiality of 
the information. Information in these files is not provided to Board 
employees, except the individual being evaluated.
    Retention and disposal. All records are retained for four years.

System manager and address:
    Training Supervisor, Management Division, Board of Governors of the 
Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual and his or her 
respondents, which may include the individual's peers and supervisors.

Exemptions claimed for the system:
    Certain portions of this system of records may be exempted from 5 
U.S.C. 552a(c)(3), (d), (e)(1), (e)(4)(G), (H), and (I), and (f) of the 
Privacy Act pursuant to 5 U.S.C. 552a(k)(5).
BGFRS-26

System name:
    FRB--Employee Relations Records.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Past and present Board employees (including special employees) with 
work-related issues that have involved the employee relations 
specialists in the Human Resources Function of the Management Division.

Categories of records in the system:
    Written communications and related documents involved in adjusting 
work-related problems, including copies of records included in other 
systems of records, including Performance Management Program (PMP) 
reports and related documentation, records of disciplinary actions, and 
records related to the Personal Placement Program.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248).

Purpose(s):
    These records are collected and maintained to assist the Board in 
administering its personnel functions, and to assist employees in 
resolving work-related issues.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B, C, D, E, F, G, H, and I apply to this 
system. Records may also be used to disclose information to any source 
from which additional information is requested (to the extent necessary 
to identify the individual, inform the source of the purpose(s) of the 
request, and to identify the type of information requested), when 
necessary to obtain information relevant to a Board decision to hire or 
retain an employee, issue a security clearance, conduct a security or 
suitability investigation of an individual, classify jobs, let a 
contract, or issue a license, grant, or other benefits.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form. 
Electronic records are stored in the Federal Reserve Integrated Records 
Management Architecture (FIRMA).
    Retrievabililty. Records can be retrieved by the names of the 
individuals on whom they are maintained or by employee identification 
number.

[[Page 25005]]

    Access Controls. Access is limited to those whose official duties 
require it. Paper records are secured by lock and key and electronic 
records are password protected.
    Retention and disposal. All records relating to an employee's 
performance are retained for a period of ten years. All other records 
are retained for the appropriate period in accordance with the time 
period set forth in National Archives' General Records Schedule number 
1.

System manager and address:
    Manager, Staffing, ER and Clearances, Management Division, Board of 
Governors of the Federal Reserve System, 20th Street and Constitution 
Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains; the individual's managers, supervisors, and officers; 
employees and officers in the Human Resources Function of the 
Management Division.

Exemptions claimed for the system:
    None.
BGFRS-27

System name:
    FRB--Performance Management Program Records.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.
    Final Performance Management Program (PMP) reports are maintained 
by the Human Resources Function of the Management Division. Supporting 
documentation for the reports is maintained in the division where the 
employee works or worked.

Categories of individuals covered by the system:
    Past and present Board employees.

Categories of records in the system:
    Completed PMP reports, attachments, and supporting documentation; 
submissions and written suggestions by the subject employee; and 
records of PMP objective-setting sessions.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248).

Purpose(s):
    These records are collected and maintained to assist the Board in 
administering its personnel functions.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B, C, D, E, F, G, H, and I apply to this 
system. Records may also be used to disclose information to public and 
private organizations, including news media, which grant or publicize 
employee awards.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form. 
Electronic records are stored in the Federal Reserve Integrated Records 
Management Architecture (FIRMA).
    Retrievabililty. Records can be retrieved by the names of the 
individuals on whom they are maintained.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. All records are retained for a period of 
ten years.

System manager and address:
    Associate Director, Human Resources, Management Division, Board of 
Governors of the Federal Reserve System, 20th Street and Constitution 
Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains, and the individual's manager(s).

Exemptions claimed for the system:
    None.
BGFRS-28

System name:
    FRB--Employee Assistance Program Records.

System location:
    This information is collected and maintained, on behalf of the 
Board, by Cope, Inc. at 1129 G Street, NW., Suite 550, Washington, DC 
20005.

Categories of individuals covered by the system:
    Past and present employees, and their spouses and dependent 
children, who have consulted with, or been referred to,

[[Page 25006]]

the Employee Assistance Program (EAP).

Categories of records in the system:
    Case files developed for each client seen by a counselor, including 
notes of each contact between the client and counselor, an intake form, 
the counselor's assessment, the kind of services being provided 
(including referrals), any release forms signed, and follow-up 
information on the outcome of the consultation.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248) and Executive Order 12564.

Purpose(s):
    These records are collected and maintained to assist the Board in 
providing a safe and healthy working environment, and to comply with 
Executive Order 12564.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    Records may be used:
    1. To disclose information to a new employee assistance contractor 
following a contract transition for the services; and
    2. To disclose information to family members or guardians, the 
appropriate law enforcement officers, security services, or child 
protective services, or other appropriate persons:
    (a) Where there is a reason to suspect abuse or neglect of children 
or other vulnerable persons,
    (b) Where the individual using the EAP services poses a serious 
threat to the health or safety of himself or herself or another 
individual, or
    (c) Where the individual using EAP services presents a clear and 
present danger to the safety and security of the community, workplace, 
or nation.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper form.
    Retrievabililty. Records can be retrieved by the name of the 
individual.
    Access Controls. Only staff of the EAP have access to the files, 
which are maintained on the premises of the contractor hired to 
administer the program.
    Retention and disposal. All records are retained for three years 
after the termination of counseling.

System manager and address:
    Employee Assistance Program Administrator, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains; the EAP counselor; the Board's EAP administrator; an 
employee's physical or mental health care provider or counselor; 
medical institutions; the contractor administering the Drug-Free 
Workplace Plan; and Federal Reserve System personnel records.

Exemptions claimed for the system:
    None.
BGFRS-29

System name:
    FRB--Benefits Records.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.
    Some information is collected and maintained, on behalf of the 
Board, by its benefits contractors.

Categories of individuals covered by the system:
    Past and present Board employees and their named beneficiaries.

Categories of records in the system:
    All forms relating to employee benefits, records relating to claims 
filed for benefits, and memoranda relating to individuals' benefits. 
These benefits include health insurance, dental plan, life insurance, 
disability coverage, accident insurance, flexible spending accounts, 
premium conversion accounts, voluntary plans (i.e., Auto Insurance), 
retirement and thrift plans, and any other benefits offered by the 
Board.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248).

Purpose(s):
    These records are collected and maintained to administer the 
Board's benefits programs for its employees and assist in personnel 
management.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B, C, D, F, G, H, and I apply to this 
system. Records may also be used:
    1. To disclose information to the Board's Thrift Plan, the Board's 
Group Life Insurance administrators, Department of Labor, Department of 
Veterans Affairs, Social Security Administration, Department of 
Defense, a Federal Reserve Bank, or any federal agencies that have 
special civilian employee retirement programs; or to a national, state, 
county, municipal, or other publicly recognized charitable or income 
security administration agency (e.g., state unemployment-compensation 
agencies), when necessary to adjudicate a claim under the retirement, 
insurance, unemployment, or health benefits programs of the Board, a 
Federal Reserve Bank, or any agency cited above, or to an agency to 
conduct an analytical study or audit of benefits being paid under such 
programs;
    2. To disclose to the Office of Personnel Management's Federal 
Employees Group Life Insurance Program information necessary to verify 
election, declination, or waiver of regular and/or optional life 
insurance coverage, eligibility for payment of a claim for life 
insurance, or a Thrift Savings Program (TSP) election change and 
designation of beneficiary;
    3. To disclose to health insurance carriers that provide a health 
benefits plan under the Federal Employees Health Benefits Program 
information

[[Page 25007]]

that is necessary to verify eligibility for payment of a claim for 
health benefits; and
    4. To disclose information to the executor of an individual's 
estate, the government entity probating a will, a designated 
beneficiary, or to any person who is responsible for the care of an 
individual to the extent necessary when the individual to whom a record 
pertains is deceased, or mentally incompetent, or under other legal 
disability, and to disclose information to an individual's emergency 
contact when necessary to assist that individual in obtaining any 
employment benefit or any working condition, such as accommodations 
under the Rehabilitation Act of 1973.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form. 
Electronic records are stored in the Federal Reserve Integrated Records 
Management Architecture (FIRMA).
    Retrievabililty. Records can be retrieved by the names of the 
individuals on whom they are maintained.
    Access Controls. Access is limited to those whose official duties 
require it. Paper records are secured by lock and key and electronic 
records are password protected.
    Retention and disposal. Records regarding transferred employees are 
transferred to the employee's new agency. Other records are retained 
for sixty-five years after the employee's separation from Board 
service.

System manager and address:
    Manager, Payroll, Compensation and Benefits, Management Division, 
Board of Governors of the Federal Reserve System, 20th and 
Constitution, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains, the benefit provider, and staff of Human Resources in the 
Management Division.

Exemptions claimed for the system:
    None.
BGFRS-30

System name:
    FRB--Academic Assistance Program Files.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.
    The primary files are maintained by the Human Resources Function of 
the Management Division. Supporting documentation may be maintained in 
the division where the employee works or worked.

Categories of individuals covered by the system:
    Past and present Board employees.

Categories of records in the system:
    Applications for academic assistance; descriptions of course work 
by at universities; documents relating to requests for exceptions to 
sections of the Academic Assistance Policy; reimbursement documentation 
for textbooks; and a database that tracks all courses applied for, 
completed, and reimbursed.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248).

Purpose(s):
    These records are collected and maintained to assist the Board in 
its personnel management and in providing training and educational 
opportunities to its employees.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B, C, D, F, G, H, and I apply to this 
system.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievabililty. Records can be retrieved by the names of the 
individuals on whom they are maintained.
    Access Controls. Access to these records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. All records are retained for five years or 
when superseded or obsolete, whichever is sooner.

System manager and address:
    Training Supervisor, Management Division, Board of Governors of the 
Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be

[[Page 25008]]

amended, and (3) describe the nature of and reasons for each requested 
amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains and his or her supervisor.

Exemptions claimed for the system:
    None.
BGFRS-31

System name:
    FRB--Protective Information System.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Individuals who are the subject of protective and background 
investigations by the Board's Protective Services Unit and/or law 
enforcement agencies where the evaluation of such individuals, in 
accordance with criteria established by the Protective Services Unit, 
indicates a need for such investigations; individuals who are the 
subject of investigative records and reports supplied to the Board's 
Protective Services Unit by federal, state, and local law enforcement 
agencies, foreign or domestic, other non-law enforcement governmental 
agencies, or private institutions and individuals; and individuals who 
have attempted or solicited unauthorized entry into areas secured by 
the Board's Protective Services Unit; individuals who have sought 
unauthorized contact with persons protected by the Protective Services 
Unit; or individuals who have been involved in incidents or events 
which relate to the protective functions of the Protective Services 
Unit.

Categories of records in the system:
    Records containing information supplied by federal, state, and 
local law enforcement agencies, foreign or domestic, other non-law 
enforcement governmental agencies, private institutions and persons 
concerning individuals who, because of their current activities, 
background, prior activities and/or behavior, may be of interest to the 
Board's Protective Services Unit; records containing information 
compiled for the purpose of identifying and evaluating individuals who 
may constitute a threat to the safety of persons or security of areas 
protected by the Board's Protective Services Unit; and records 
containing information compiled for the purpose of background 
investigations of individuals, including but not limited to, 
passholders, tradesmen, maintenance or service personnel who have 
access to areas secured by or who may be in close proximity to persons 
protected by the Board's Protective Services Unit.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
248).

Purpose(s):
    These records are collected and maintained to assist the Board in 
providing a safe and secure environment for the chairman, Board members 
and other Federal Reserve System staff.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B, C, D, G, and I apply to this system. 
Records may also be used to disclose information to personnel of 
federal, state, and local law enforcement agencies, and other 
governmental agencies foreign or domestic: (a) For the purpose of 
developing information on subjects involved in protective 
investigations and evaluations and for the purpose of protective 
intelligence briefings of personnel of other law enforcement and 
governmental agencies assisting the Board's Protective Services Unit in 
the performance of its protective functions; (b) where such disclosures 
are considered reasonably necessary for the purpose of furthering 
efforts to investigate the activities of those persons considered to be 
of protective interest; or (c) where there is a showing of a reasonable 
need to accomplish a valid law enforcement purpose.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records can be retrieved by name, address, 
telephone numbers, and other identifying information.
    Access controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. The retention for these records is 
currently under review. Until review is completed, these records will 
not be destroyed.

System manager and address:
    Director, Protective Services Unit, Office of the Staff Director 
for Management, Board of Governors of the Federal Reserve System, 20th 
Street and Constitution Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    This information is exempt pursuant to 5 U.S.C. 552a(k)(2).

Exemptions claimed for the system:
    Certain portions of this system of records may be exempt from 5 
U.S.C. 552a(c)(3), (d), (e)(1), (e)(4)(G), (e)(4)(H), (e)(4)(I), and 
(f) of the Privacy Act pursuant to 5 U.S.C. 552a(k)(2).
BGFRS-32

System name:
    FRB--Visitor Registration System.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    All visitors to the buildings and other locations owned or leased 
by the Board.

[[Page 25009]]

Categories of records in the system:
    This system contains information concerning individuals who wish to 
enter a building occupied by the Board. The following categories of 
records are maintained in this system: The individual's name; date of 
birth; Social Security number or passport number and country of issue; 
organization or agency; Board employee visited; purpose of visit; date 
and time of meeting or visit; e-mail address; and whether the 
individual has been denied access to the Board. In addition, 
information derived from law enforcement databases may be included in 
some paper records.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 243 and 
248), and Executive Order 9397.

Purpose(s):
    The records are collected and maintained to permit the Board to 
provide for the security of its premises and the personnel in those 
premises by prescreening visitors.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B, C, D, G, and I apply to this system. 
Records are also used to disclose information to appropriate federal, 
state, local, or foreign agencies where disclosure is reasonably 
necessary to determine whether an individual intending to visit the 
Board poses a security risk.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records can be retrieved by name, Social Security 
number, passport number, date of birth, host name, organization, 
purposes of the visit, and date.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. All records are retained for two years 
after final entry to the Board or two years after date of document, as 
appropriate.

System manager and address:
    Assistant Director, Management Division, Board of Governors of the 
Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual who wishes to enter the 
Board's premises, and, where appropriate, from law enforcement 
databases.

Exemptions claimed for this system:
    Certain portions of this system of records may be exempt from 5 
U.S.C. 552a(c)(3), (d), (e)(1), (e)(4)(G), (e)(4)(H), (e)(4)(I), and 
(f) of the Privacy Act pursuant to 5 U.S.C. 552a(k)(2).
BGFRS-33

System name:
    FRB--Telephone Call Detail Records.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Past and present Board employees, consultants, and contractors who 
have been assigned a telephone number by the Board.

Categories of records in the system:
    Records relating to use of Board telephones to place local and long 
distance calls; records indicating assignment of telephone numbers to 
individuals covered by the system; and records relating to location of 
telephones.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 243 and 
248).

Purpose(s):
    These records are collected and maintained to detect and prevent 
unauthorized use of the Board's telephones.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B, C, D, F, G, and I apply to this system. 
Records may also be used to disclose information to current or former 
Board employees and other individuals currently or formerly provided 
telephone services by the Board to determine individual responsibility 
for telephone calls.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records can be retrieved by name of individual or 
telephone number or by number(s) dialed.
    Safeguards. Access to records is limited to those whose official 
duties require it. Paper records are secured by lock and key and 
electronic records are password protected.
    Retention and disposal. The retention and disposal period for these 
records is currently under review.

System manager and address:
    Director, Division of Information Technology, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise

[[Page 25010]]

description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the telephone assignment records; call 
detail listings; results of administrative inquiries relating to 
assignment of responsibility for placement of specific long distance 
and local calls.

Exemptions claimed for the system:
    None.
BGFRS-34

System name:
    FRB--ESS Staff Identification Card File.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Past and present Board employees, temporary employees, retirees, 
tenants, other government agency employees who have a need for an FRB 
identification card, designated Federal Reserve Bank officers and 
employees, and contractors who have been issued a Board identification 
card.

Categories of records in the system:
    Image of a picture of the individual; the individual's name; card 
number; finger minutiae; card status; badge expiration date; employer's 
name (if not the Board); relationship to the Board; card holder type; 
employee identification number; and division; and, if applicable, 
authorization to use the exercise facilities, data center, central 
stock room (CSR), or any other controlled area requiring permissions 
beyond general access. The database records the times of attempted and 
authorized card initiated access to and egress from the Board's 
buildings using the automated access control system. Additionally, 
access is logged for entry into controlled spaces.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 243 and 
248).

Purpose(s):
    These records are collected and maintained to provide security of 
the Board's premises against unauthorized entry; to record entry to 
Board premises as well as entry into secured areas by authorized 
personnel; to record departure from Board's premises; to control access 
to certain areas within Board premises; and to determine who is present 
on Board property.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B, C, D, F, G, and I apply to this system.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records can be retrieved by area, time/date, name, 
card number, or employee identification number.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. The retention period for these records is 
currently under review. Until review is completed, these records will 
not be destroyed.

System manager and address:
    Manager, Technical Security Unit, Management Division, Board of 
Governors of the Federal Reserve System, 20th Street and Constitution 
Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains and the Board's personnel records. Information regarding entry 
into and egress from Board premises or secured areas is obtained from 
use of the card to open the doors. Authorization for access to secured 
facilities on Board premises is provided by the Board official 
responsible for that secured facility.

Exemptions claimed for the system:
    None.
BGFRS-35

System name:
    FRB--Staff Parking Permit File.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Past and present Board employees, consultants, visitors, and 
contractors who have applied for or been issued a parking permit for 
the Board's garages.

Categories of records in the system:
    Completed parking application forms (FR 1103), disability parking 
applications, and contingency parking requests submitted by employees; 
unusual-work-demand permits and special contingency parking 
authorizations submitted by division directors; requests for parking 
for official visitors and contractors; notifications of lost permits; a 
listing of permit numbers assigned to car pools,

[[Page 25011]]

van pools, and individual employees; investigations made of compliance 
with the Board's parking regulations; and official actions taken as a 
result of violation of the Board's parking regulations.

Authority for maintenance of the system:
    Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 243 and 
248).

Purpose(s):
    These records are collected and maintained to allocate usage of the 
limited number of parking spaces in the Board's garages among Board 
staff, visitors and contractors, and to enforce the Board's parking 
regulations for safe use of the garages.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, C, D, F, G, and I apply to this system. 
Records may also be used:
    1. To investigate possible violations of the Board's parking 
regulations;
    2. To determine eligibility for a parking permit; and
    3. To determine eligibility for a public transit subsidy payment.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records can be retrieved by name of individual, 
parking permit number, employee identification number, or license tag 
number.
    Safeguards. Access to records is limited to those whose official 
duties require it. Paper records are secured by lock and key and 
electronic records are password protected.
    Retention and disposal. The retention and disposal period for these 
records is currently under review.

System manager and address:
    Assistant Director, Management Division, Board of Governors of the 
Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains; parking permit applications, authorizations, and requests; 
and from written investigations of possible violations of the Board's 
parking regulations.

Exemptions claimed for the system:
    None.
BGFRS-36

System name:
    FRB--Federal Reserve Application Name Check System.

System location:
    Board of Governors of the Federal Reserve System, 20th Street and 
Constitution Avenue, NW., Washington, DC 20551.

Categories of individuals covered by the system:
    Designated persons who are parties to regulatory applications, 
notices and/or proposals submitted to the Federal Reserve Board.

Categories of records in the system:
    Name; social security, passport, or other identifying number, 
address; occupation, birth city, state, and country; country(ies) of 
citizenship; date of birth; names of related companies and the person's 
role at those companies; an indication whether each agency conducting a 
check had any information on the person and the results of the name 
check; and name and address of the financial institution that submitted 
the application with which the person was associated.

Authority for maintenance of the system:
    Sections 9, 19, 25 and 25A of the Federal Reserve Act (12 U.S.C. 
321-328, 466, 601-604(a) and 611-631); the Change in Bank Control Act 
(12 U.S.C. 1817(j)); Section 18(c) of the Bank Merger Act (12 U.S.C. 
1828(c)); Section 32 of the Federal Deposit Insurance Act (12 U.S.C. 
1831i); Sections 3, 4, and 5 of the Bank Holding Company Act of 1956 
(12 U.S.C. 1842, 1843 and 1844); Section 5 of the Bank Service Company 
Act (12 U.S.C. 1865); Sections 7, 8 and 10 of the International Banking 
Act (12 U.S.C. 3105, 3106 and 3107); the Board's Regulation H (12 CFR 
Part 208); the Board's Regulation K (12 CFR Part 211); the Board's 
Regulation L (12 CFR Part 212); the Board's Regulation Y (12 CFR Part 
225); and Executive Order 9397.

Purpose(s):
    These records are collected and maintained to assist the Board in 
evaluating the proposed officers, directors, principal shareholders, or 
other persons associated with a depository institution, holding 
company, or other foreign or domestic entity in connection with the 
Board's consideration of various regulatory applications, notices, or 
proposals. The Board uses these records, along with other information, 
to determine whether the related filing meets the statutory factors for 
approval.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    There are no routine uses that apply to the results of the name 
check. General routine uses A, B, C, D, G, and I apply to all other 
categories of information in the system. These records may also be 
used:
    1. To disclose certain information to other Federal agencies to 
enable completion of the name check process related to a particular 
filing; and
    2. To disclose certain information to other bank and thrift 
regulatory agencies pursuant to explicit information sharing agreements 
for regulatory comment purposes.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records are generally retrieved by an 
identification code internally assigned to each related filing or by 
the name of the financial institution involved in the related filing. 
However, records also can be retrieved by the name of the individual on 
whom they are maintained.

[[Page 25012]]

    Access Controls. Access and use of these records is limited to 
those persons whose official duties require such access. Paper records 
are secured by lock and key and electronic records are password 
protected.
    Retention and disposal. All records are retained for 15 years and 
destroyed when no longer needed for administrative or reference 
purposes.

System manager and address:
    Deputy Associate Director, Division of Banking Supervision and 
Regulation, Board of Governors of the Federal Reserve System, 20th 
Street and Constitution Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn of the existence of, or to gain 
access to, his or her record in this system of records shall submit a 
request in writing to the Secretary of the Board, Board of Governors of 
the Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551. The request should contain: (1) A statement that 
it is made pursuant to the Privacy Act of 1974, (2) the name of the 
system of records expected to contain the record requested or a concise 
description of such system of records, (3) necessary information to 
verify the identity of the requester, and (4) any other information 
that may assist in the rapid identification of the record for which 
access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individuals to whom the record 
pertains or their agents (such as law firms or consultants) during the 
regulatory application, notice, or proposal process. In addition, FRS 
staff, as part of the due diligence process associated with the review 
of a particular filing, performs name checks on the individuals to be 
involved in the business transaction related to such filings by 
contacting other Federal agencies for comments related to the 
identified individuals.

Exemptions claimed for the system:
    Certain portions of this system of records may be exempt from 5 
U.S.C. 552a(c)(3), (d), (e)(1), (e)(4)(G), (H), and (I), and (f) of the 
Privacy Act pursuant to 5 U.S.C. 552a(k)(2).
BGFRS/OIG-1

System name:
    FRB--OIG Investigative Records.

System location:
    Office of Inspector General, Board of Governors of the Federal 
Reserve System, 1709 New York Avenue, NW., Suite 3000, Washington, DC 
20006.

Categories of individuals covered by the system:
    Officers or employees of the Board or other persons involved in the 
Board's programs or operations who are or have been under investigation 
by the Board's Office of Inspector General in order to determine 
whether such officers, employees or other persons have been or are 
engaging in fraud and abuse with respect to the Board's programs or 
operations; and complainants and witnesses where necessary for future 
retrieval.

Categories of records in the system:
    Individual investigations, including investigative reports and 
related documents generated during the course of or subsequent to an 
investigation; electronic and hard-copy case-tracking systems; 
databases containing investigatory information; ``Hotline'' telephone 
logs and investigator work papers; and memoranda and letter referrals 
to management or others.

Authority for maintenance of the system:
    Sections 4 and 6 of the Inspector General Act of 1978 (5 U.S.C. 
App. 4(a)(1) and 6(a)(2)).

Purpose(s):
    These records are collected and maintained by the OIG in its 
inquiries and investigations and reports relating to the administration 
of the Board's programs and operations and to manage the investigatory 
program.

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
    General routine uses A, B, C, D, E, F, G and I apply to this 
system. Records may also be used:
    1. To disclose information to other federal entities, such as other 
federal Offices of Inspector General or the General Accounting Office, 
or to a private party with which the OIG or the Board has contracted 
for the purpose of auditing or reviewing the performance or internal 
management of the OIG's investigatory program, provided the record will 
not be transferred in a form that is individually identifiable, and 
provided further that the entity acknowledges in writing that it is 
required to maintain Privacy Act safeguards for the information;
    2. To disclose information to officials charged with the 
responsibility to conduct qualitative assessment reviews of internal 
safeguards and management procedures employed in investigative 
operations. This disclosure category consists of members of the 
Executive Council on Integrity and Efficiency (ECIE), the President's 
Council on Integrity and Efficiency (PCIE), and officials and 
administrative staff within their investigative chain of command 
authorized by the ECIE or PCIE to conduct or participate in such 
qualitative assessment reviews; and
    3. To disclose information to any source, including a federal, 
state, or local agency maintaining civil, criminal, or other relevant 
enforcement information or other pertinent information, but only to the 
extent necessary for the OIG to obtain information relevant to an OIG 
investigation.

Policies and practices for storing, retrieving, accessing, retaining, 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records can be retrieved by numerous identifiers, 
including the name of the individual under investigation, investigation 
number, referral number, or investigative subject matter.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. All files are cut off annually and 
destroyed 10 years after cut off.

System manager and address:
    Inspector General, Board of Governors of the Federal Reserve 
System, 20th Street and Constitution Avenue, NW., Washington, DC 20551.

Notification procedures:
    An individual desiring to learn the existence of, or to gain access 
to, his or her record in this system of records shall submit a request 
in writing to the Inspector General, Board of Governors of the Federal 
Reserve System, 20th

[[Page 25013]]

Street and Constitution Avenue, NW., Washington, DC 20551. The request 
should contain: (1) A statement that it is made pursuant to the Privacy 
Act of 1974, (2) the name of the system of records expected to contain 
the record requested or a concise description of such system of 
records, (3) necessary information to verify the identity of the 
requester, and (4) any other information that may assist in the rapid 
identification of the record for which access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedures:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains, employees of the Board and the Federal Reserve System, other 
government employees, witnesses and informants, and nongovernmental 
sources.

Exemptions claimed for the system:
    This system is exempt from any part of the Privacy Act, 5 U.S.C. 
552a, except 5 U.S.C. 552a(b), (c)(1) and (2), (e)(4)(A) through (F), 
(e)(6), (7), (9), (10), and (11), and (i) pursuant to 5 U.S.C. 
552a(j)(2). Additionally, certain portions of this system of records 
may be exempt from 5 U.S.C. 552a(c)(3), (d), (e)(1), (e)(4)(G), (H), 
and (I), and (f) of the Privacy Act pursuant to 5 U.S.C. 552a(k)(2) and 
(k)(5).
BGFRS/OIG-2

System name:
    OIG Personnel Records.

System location:
    Office of Inspector General, Board of Governors of the Federal 
Reserve System, 1709 New York Avenue, NW., Suite 3000, Washington, DC 
20006.

Categories of individuals covered by the system:
    Persons who have applied for employment with the Federal Reserve 
Board's Office of Inspector General.

Categories of records in the system:
    Information relating to the education, training, employment history 
and earnings; appraisal of past performance; convictions for offenses 
against the law; results of tests, appraisals of potential, honors, 
awards of fellowships; military service or veteran status; school 
transcripts; work samples; birth date; Social Security number; travel 
vouchers; offer letters and correspondence, reference checks; and home 
address of past, present and prospective employees of the OIG. Includes 
allocations of time spent on various OIG projects and tasks (OIG Time 
Entry System) and related documents and reports generated by the Time 
Entry System.

Authority for maintenance of the system:
    Section 8E of the Inspector General Act of 1978 and section 11 of 
the Federal Reserve Act (5 U.S.C. App. 8E(g)(2) and 12 U.S.C. 248(l)), 
and Executive Order 9397.

Purpose(s):
    These records are collected and maintained to assist the OIG in 
making determinations regarding hiring, retention, promotion, and 
performance-evaluation decisions.

Routine uses of records maintained in the system, including categories 
of users and purposes of such use:
    General routine uses A, B, C, D, E, F, G and I apply to this 
system. Records may also be used:
    1. To disclose information to intelligence agencies of the United 
States, including the Department of Defense, National Security Agency, 
Central Intelligence Agency, and the Federal Bureau of Investigation 
for use in intelligence activities;
    2. To disclose information to any source from which information is 
requested by the Board in the course of an investigation, to the extent 
necessary to identify the individual, inform the course of the nature 
and purpose of the investigation, and to identify the type of 
information requested;
    3. To disclose information in producing summary descriptive 
statistics and analytical studies to support the function for which the 
records are collected and maintained, or for related work force studies 
(While published statistics and studies do not contain individual 
identifiers, in some instances the selection of elements of data 
included in the study may be structured in such a way as to make the 
data individually identifiable by inference.);
    4. To disclose information to other federal entities, such as other 
federal offices of inspector general or the General Accounting Office, 
or to a private party with which the OIG or the Board has contracted 
for the purpose of auditing or reviewing the performance or internal 
management of the OIG, provided the record will not be transferred in a 
form that is individually identifiable, and provided further that the 
entity acknowledges in writing that it is required to maintain Privacy 
Act safeguards for the information; and
    5. To disclose information to officials charged with the 
responsibility to conduct qualitative assessment reviews of internal 
safeguards and management procedures. This disclosure category consists 
of members of the Executive Council on Integrity and Efficiency (ECIE), 
the President's Council on Integrity and Efficiency (PCIE), and 
officials and administrative staff authorized by the ECIE or PCIE to 
conduct or participate in such qualitative assessment reviews.

Policies and practices for storing, retrieving, accessing, retaining 
and disposing of records in the system:
    Storage. Records are stored in paper and electronic form.
    Retrievability. Records may be retrieved by a variety of personal-
identification means (including by Social Security number, employee 
number, room number) and project or assignment codes.
    Access Controls. Access to records is limited to those whose 
official duties require it. Paper records are secured by lock and key 
and electronic records are password protected.
    Retention and disposal. All other records are retained for the 
appropriate period which ranges from no retention period to one year 
after separation or transfer.

System manager and address:
    Inspector General, Board of Governors of the Federal Reserve 
System, 20th Street and Constitution Avenue, NW., Washington, DC 20551.

Notification procedure:
    An individual desiring to learn the existence of, or to gain access 
to, his or her record in this system of records shall submit a request 
in writing to the Inspector General, Board of Governors of the Federal 
Reserve System, 20th Street and Constitution Avenue, NW., Washington, 
DC 20551. The request should contain: (1) A statement that it is made 
pursuant to the Privacy Act of 1974, (2) the name of the system of 
records expected to contain the record requested or a concise 
description of such system of records, (3) necessary

[[Page 25014]]

information to verify the identity of the requester, and (4) any other 
information that may assist in the rapid identification of the record 
for which access is being requested.

Record access procedures:
    Same as ``Notification procedures'' above.

Contesting record procedure:
    Same as ``Notification procedures'' above except that the envelope 
should be clearly marked ``Privacy Act Amendment Request.'' The request 
for amendment of a record should: (1) Identify the system of records 
containing the record for which amendment is requested, (2) specify the 
portion of that record requested to be amended, and (3) describe the 
nature of and reasons for each requested amendment.

Record source categories:
    Information is provided by the individual to whom the record 
pertains, employees of the Board and the Federal Reserve System, other 
government employees, and witnesses and informants.

Exemptions claimed for the system:
    Certain portions of this system of records may be exempt from 5 
U.S.C. 552a(c)(3), (d), (e)(1), (e)(4)(G), (H), and (I), and (f) of the 
Privacy Act pursuant to 5 U.S.C. 552a(k)(5).

    By order of the Board of Governors of the Federal Reserve 
System, April 30, 2008.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E8-9926 Filed 5-5-08; 8:45 am]
BILLING CODE 6210-01-P