[Federal Register Volume 90, Number 145 (Thursday, July 31, 2025)]
[Notices]
[Pages 36051-36052]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-14466]
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FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Notice, request for comment.
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SUMMARY: The Board of Governors of the Federal Reserve System (Board)
invites comment on a proposal to extend for three years, without
revision, the Federal Reserve Membership and Bank Stock Applications
(FR 2083, FR 2083A, FR 2083B, FR 2083C, FR 2030, FR 2030a, FR 2056, FR
2086, FR 2086a, and FR 2087; OMB No. 7100-0042).
DATES: Comments must be submitted on or before September 29, 2025.
ADDRESSES: You may submit comments, identified by FR 2083, FR 2083A, FR
2083B, FR 2083C, FR 2030, FR 2030a, FR 2056, FR 2086, FR 2086a, or FR
2087, by any of the following methods:
Agency Website: https://www.federalreserve.gov/apps/proposals/. Follow the instructions for submitting comments, including
attachments. Preferred Method.
Mail: Ann E. Misback, Secretary, Board of Governors of the
Federal Reserve System, 20th Street and Constitution Avenue NW,
Washington, DC 20551.
Hand Delivery/Courier: Same as mailing address.
Other Means: [email protected]. You must include the
OMB number or the FR number in the subject line of the message.
Comments received are subject to public disclosure. In general,
comments received will be made available on the Board's website at
https://www.federalreserve.gov/apps/proposals/ without change and will
not be modified to remove personal or business information including
confidential, contact, or other identifying information. Comments
should not include any information such as confidential information
that would not be appropriate for public disclosure. Public comments
may also be viewed electronically or in person in Room M-4365A, 2001 C
St. NW, Washington, DC 20551, between 9 a.m. and 5 p.m. during Federal
business weekdays.
Additionally, commenters may send a copy of their comments to the
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.
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, [email protected], (202)
452-3884.
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. In exercising this delegated authority, the
Board is directed to take every reasonable step to solicit comment. In
determining whether to approve a collection of information, the Board
will consider all comments received from the public and other agencies.
During the comment period for this proposal, a copy of the proposed
PRA
[[Page 36052]]
OMB submission, including the draft reporting form and instructions,
supporting statement (which contains more detail about the information
collection and burden estimates than this notice), and other
documentation, will be made available on the Board's public website at
https://www.federalreserve.gov/apps/reportingforms/review or may be
requested from the agency clearance officer, whose name appears above.
On the page displayed at the link above, you can find the supporting
information by referencing the collection identifier, FR 2083, FR
2083A, FR 2083B, FR 2083C, FR 2030, FR 2030a, FR 2056, FR 2086, FR
2086a, or FR 2087. Final versions of these documents will be made
available at https://www.reginfo.gov/public/do/PRAMain, if approved.
Request for Comment on Information Collection Proposals
The Board invites public comment on the following information
collection, which is being reviewed under authority delegated by the
OMB under the PRA. Comments are invited on the following:
a. Whether the proposed collection of information is necessary for
the proper performance of the Board's functions, including whether the
information has practical utility;
b. The accuracy of the Board's estimate of the burden of the
proposed information collection, including the validity of the
methodology and assumptions used;
c. Ways to enhance the quality, utility, and clarity of the
information to be collected;
d. Ways to minimize the burden of information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
e. Estimates of capital or startup costs and costs of operation,
maintenance, and purchase of services to provide information.
At the end of the comment period, the comments and recommendations
received will be analyzed to determine the extent to which the Board
should modify the proposal.
Proposal Under OMB Delegated Authority To Extend for Three Years,
Without Revision, the Following Information Collection
Collection title: Federal Reserve Membership and Bank Stock
Applications.
Collection identifier: FR 2083, FR 2083A, FR 2083B, FR 2083C, FR
2030, FR 2030a, FR 2056, FR 2086, FR 2086a, and FR 2087.
OMB control number: 7100-0042.
General description of collection: The Federal Reserve Membership
and Bank Stock Applications are comprised of the following application
reporting forms:
Application to the Board of Governors of the Federal
Reserve System for Membership in the Federal Reserve System (FR 2083);
Application for Federal Reserve Bank Stock (for use by
state banks converting to a state member bank. National banks which
already subscribe to Federal Reserve Bank stock should not complete
this application when converting to a state member bank) (FR 2083A);
Application for Federal Reserve Bank Stock (for use by
mutual savings banks) (FR 2083B); and
Certificate of Organizers or of Directors (FR 2083C), (FR
2083, FR 2083A, FR 2083B, and FR 2083C, together, the Federal Reserve
Membership Application).
Application for Federal Reserve Bank Stock (for use by new
national banks) (FR 2030);
Application for Federal Reserve Bank Stock (for use by
nonmember state banks converting into national banks and federal
savings associations that have elected to operate as a covered savings
association (CSA)) (FR 2030a);
Application for Adjustment in the Holding of Federal
Reserve Bank Stock (for use by member banks that will survive a merger
or consolidation with another bank) (FR 2056);
Application for Cancellation of Federal Reserve Bank Stock
(for use by member banks in voluntary liquidation) (FR 2086);
Application for Cancellation of Federal Reserve Bank Stock
(for use by member banks converting into or merging into member or
nonmember banks or CSAs terminating an election to operate as a CSA)
(FR 2086a); and
Application for Cancellation of Federal Reserve Bank Stock
(for use by insolvent member banks) (FR 2087), (FR 2030, 2030a, FR
2056, FR 2086, FR 2086a, and FR 2087, together, the Federal Reserve
Bank Stock Applications).
Frequency: Event-generated.
Respondents: The Federal Reserve Membership Application panel
comprises state-chartered banks converting to a state member bank,
national banks converting to a state charter, and mutual savings banks
applying for membership in the Federal Reserve System. The Federal
Reserve Bank Stock Applications respondent panel comprises national
banks seeking to purchase Federal Reserve Bank stock, nonmember state
banks converting into a national bank, federal savings associations
that have elected to operate as a CSA, CSAs terminating an election to
operate as a CSA, and member banks seeking to increase, decrease, or
cancel their Federal Reserve Bank stock holdings.
Total estimated number of respondents: FR 2083, FR 2083A, FR 2083B,
FR 2083C: 32; FR 2030: 11; FR 2030a: 16; FR 2056: 177; FR 2086: 1; FR
2086a: 90; and FR 2087: 1.
Estimated average hours per response: FR 2083, FR 2083A, FR 2083B,
FR 2083C: 6.21; FR 2030: 0.66; FR 2030a: 0.63; FR 2056: 0.78; FR 2086:
0.56; FR 2086a: 0.55; and FR 2087: 0.53.
Total estimated annual burden hours: 406.
Board of Governors of the Federal Reserve System, July 28, 2025.
Benjamin W. McDonough,
Deputy Secretary and Ombuds of the Board.
[FR Doc. 2025-14466 Filed 7-30-25; 8:45 am]
BILLING CODE 6210-01-P