5 Feb 2025
💰Comment Request on Proposed Declaration of Dividend by Federal Reserve
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 Notice of Proposed Declaration of Dividend (FR 1583; OMB No. 7100-0339).
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The document requests comments on the proposed collection of information related to the Notice of Proposed Declaration of Dividend (FR 1583), which directly affects savings associations and SLHCs in their dividend declaration process. Business owners in these sectors must comply with submission and reporting requirements, which impact financial planning and operational procedures.