15 May 2025
🏦FDIC Notice on Information Collection Renewal for Banks
Agency Information Collection Activities: Proposed Collection Renewal; Comment Request
Summary
The FDIC, as part of its obligations under the Paperwork Reduction Act of 1995, invites the general public and other Federal agencies to take this opportunity to comment on the request to renew the existing information collections described below (OMB Control No. 3064-0095 and -0218). The notices of proposed renewal for these information collections were previously published in the Federal Register on March 25, 2025, allowing for a 60-day comment period.
Agencies
- Federal Deposit Insurance Corporation
Business Impact
$$ - Med
The notice mentions proposed collections related to the Bank Protection Act compliance, which requires insured banks to implement specific recordkeeping and safety measures. Compliance activities impose burdens on businesses, influencing operational costs and regulatory adherence.