[Federal Register Volume 84, Number 156 (Tuesday, August 13, 2019)]
[Notices]
[Pages 40054-40055]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-17260]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
is adopting a proposal to extend for three years, without revision, the 
Written Security Program for State Member Banks (FR 4004; OMB No. 7100-
0112).

FOR FURTHER INFORMATION CONTACT:
    Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of 
the Chief Data Officer, Board of Governors of the Federal Reserve 
System, Washington, DC 20551, (202) 452-3829.
    Office of Management and Budget (OMB) Desk Officer--Shagufta 
Ahmed--Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Room 10235, 725 
17th Street NW, Washington, DC 20503 or by fax to (202) 395-6974.

SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board 
authority under the Paperwork Reduction Act (PRA) to approve and assign 
OMB control numbers to collection of information requests and 
requirements conducted or sponsored by the Board. Board-approved 
collections of information are incorporated into the official OMB 
inventory of currently approved collections of information. Copies of 
the PRA Submission, supporting statements and approved collection of 
information instrument(s) are placed into OMB's public docket files. 
The Board may not conduct or sponsor, and the respondent is not 
required to respond to, an information collection that has been 
extended, revised, or implemented on or after October 1, 1995, unless 
it displays a currently valid OMB control number.

Final Approval Under OMB Delegated Authority of the Extension for Three 
Years, Without Revision, of the Following Information Collection

    Report title: Written Security Program for State Member Banks.
    Agency form number: FR 4004.
    OMB control number: 7100-0112.
    Frequency: On occasion.
    Respondents: State member banks.
    Estimated number of respondents: 26.
    Estimated average hours per response: 1 hour.
    Estimated annual burden hours: 26.
    General description of report: This information collection arises 
from a recordkeeping requirement contained in section 208.61 of the 
Board's Regulation H, which requires each state member bank to develop 
and maintain a written security program for the bank's main office and 
branches within 180 days of becoming a member of the Federal Reserve 
System. There is no formal reporting form for this collection of 
information (the FR 4004 designation is for internal purposes only), 
and the information is not submitted to the Federal Reserve System.
    Legal authorization and confidentiality: The FR 4004 recordkeeping 
requirement is authorized by section 3 of the Bank Protection Act of 
1968, which requires federal banking agencies to issue rules 
establishing minimum standards for banks with respect to the 
installation, maintenance, and operation of security devices and 
procedures to discourage robberies, burglaries, and larcenies and to 
assist in the identification and apprehension of persons who commit 
such acts.\1\ The FR 4004 is mandatory.
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    \1\ 12 U.S.C. 1882(a).
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    Because there is no reporting requirement associated with this 
recordkeeping requirement, the issue of confidentiality does not 
normally arise. If a bank's written security program were retained 
during the course of an examination, it may be exempt from disclosure 
under exemption 8 of the Freedom of Information Act (FOIA), which 
protects bank examination material.\2\ In addition, the records may 
also be exempt from disclosure under exemption 4 of the FOIA, which 
protects from disclosure ``trade secrets and commercial or financial 
information obtained from a person [that is] privileged or 
confidential.'' \3\
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    \2\ 5 U.S.C. 552(b)(8).
    \3\ 12 U.S.C. 552(b)(4).
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    Current actions: On April 19, 2019, the Board published a notice in 
the Federal Register (84 FR 16492) requesting public comment for 60 
days on the extension, without revision, of

[[Page 40055]]

the FR 4004. The comment period for this notice expired on June 18, 
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2019. The Board did not receive any comments.

    Board of Governors of the Federal Reserve System, August 7, 
2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019-17260 Filed 8-12-19; 8:45 am]
 BILLING CODE 6210-01-P