[Federal Register Volume 87, Number 41 (Wednesday, March 2, 2022)]
[Notices]
[Pages 11707-11708]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-04348]


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FEDERAL RESERVE SYSTEM

[FR 4004; OMB No. 7100-0112]


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

[[Page 11708]]

Security Program for State Member Banks.

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 for the Federal 
Reserve Board, 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 collections of information conducted or 
sponsored by the Board. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. The OMB inventory, as well as copies of the 
PRA Submission, supporting statements, and approved collection of 
information instrument(s) are available at https://www.reginfo.gov/public/do/PRAMain. These documents are also available on the Federal 
Reserve Board's public website at https://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested from the agency clearance 
officer, whose name appears above.

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: 14.
    Estimated average hours per response: 1.
    Estimated annual burden hours: 14.
    General description of report: This information collection arises 
from a recordkeeping requirement contained in section 208.61 of the 
Board's Regulation H, Membership of State Banking Institutions in the 
Federal Reserve System (12 CFR 208), 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.
    Legal authorization and confidentiality: Section 3 of the Bank 
Protection Act of 1968 authorizes the FR 4004 recordkeeping 
requirement.\1\ The FR 4004 is mandatory.
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    \1\ 12 U.S.C. 1882(a) (requiring federal banking agencies, 
including the Board, 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).
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    Entities subject to the FR 4004 recordkeeping requirement generally 
are not required to provide such information to the Board. If the Board 
obtained information retained pursuant to the FR 4004 as part of an 
examination or supervision of a financial institution, it may be 
considered confidential under exemption 8 of the Freedom of Information 
Act (FOIA).\2\ Information provided under the FR 4004 may also be kept 
confidential under FOIA exemption 4 as confidential commercial or 
financial information that is both customarily and actually treated as 
private.\3\
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    \2\ 5 U.S.C. 552(b)(8).
    \3\ 5 U.S.C. 552(b)(4).
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    Current actions: On November 23, 2021, the Board published a notice 
in the Federal Register (86 FR 66559) requesting public comment for 60 
days on the extension, without revision, of the Written Security 
Program for State Member Banks. The comment period for this notice 
expired on January 24, 2022. The Board did not receive any comments.

    Board of Governors of the Federal Reserve System, February 24, 
2022.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2022-04348 Filed 3-1-22; 8:45 am]
BILLING CODE 6210-01-P