31 Jul 2025
🏦Federal Reserve Notice for Bank Application Information Collection
Proposed Agency Information Collection Activities; Comment Request
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).
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The notice involves regulatory requirements for banks, specifically concerning their membership and stock applications to the Federal Reserve. Business owners and executives, especially in the banking sector, must comply with these applications and submit comments regarding their structure and burden, indicating its relevance for operational and compliance strategies.