The Federal Reserve Membership and
Bank Stock Applications are used by the Federal Reserve System
(FRS) to facilitate the relevant respondents’ applications for
membership in the FRS and applications for issuance, adjustment, or
cancellation of Federal Reserve Bank stock, consistent with the
Federal Reserve Act (FRA) and the Board’s Regulation I - Federal
Reserve Bank Capital Stock (12 CFR Part 209). This information
collection comprises 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), • 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, FR 2030a, FR 2056, FR 2086, FR
2086a, and FR 2087, together, the Federal Reserve Bank Stock
Applications).
US Code:
12 USC
35 Name of Law: Federal Reserve Act
US Code: 12
USC 321 Name of Law: Federal Reserve Act
US Code: 12
USC 322 Name of Law: Federal Reserve Act
US Code: 12
USC 323 Name of Law: Federal Reserve Act
US Code: 12
USC 327 Name of Law: Federal Reserve Act
US Code: 12
USC 328 Name of Law: Federal Reserve Act
US Code: 12
USC 329 Name of Law: Federal Reserve Act
US Code: 12
USC 333 Name of Law: Federal Reserve Act
US Code: 12
USC 248(a) Name of Law: Federal Reserve Act
US Code: 12
USC 222 Name of Law: Federal Reserve Act
US Code: 12
USC 282 Name of Law: Federal Reserve Act
US Code: 12
USC 287 Name of Law: Federal Reserve Act
US Code: 12
USC 288 Name of Law: Federal Reserve Act
US Code: 12
USC 466 Name of Law: Federal Reserve Act
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.