Federal Reserve Membership and Bank Stock Applications

ICR 202512-7100-003

OMB: 7100-0042

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Form and Instruction
Modified
Form and Instruction
Modified
Form and Instruction
Modified
Form and Instruction
Modified
Form and Instruction
Modified
Form and Instruction
Modified
Justification for No Material/Nonsubstantive Change
2025-12-18
IC Document Collections
ICR Details
7100-0042 202512-7100-003
Active 202212-7100-009
FRS FR 2083; FR 2083A; FR 2083B; FR 2083C; FR 2030; FR
Federal Reserve Membership and Bank Stock Applications
No material or nonsubstantive change to a currently approved collection   No
Delegated
Approved without change 12/18/2025
Retrieve Notice of Action (NOA) 12/18/2025
  Inventory as of this Action Requested Previously Approved
12/31/2025 12/31/2025 12/31/2025
328 0 103
406 0 112
0 0 0

When acting upon an initial Federal Reserve Membership Application (FR 2083/A/B/C) filed by a state-chartered bank, the Federal Reserve is required under section 9 of the Federal Reserve Act (FRA) to consider the financial condition of the applying bank, the general character of its management, and whether the corporate powers to be exercised are consistent with the FRA. The Federal Reserve uses the information collected through the application form, along with other Federal Reserve System-generated data, to determine whether the applicant bank meets the standards for approval. The information requested in the FR 2083/A/B/C application for membership is necessary for the Federal Reserve to be able to fulfill its responsibilities with respect to evaluating a state-chartered bank for membership. The Federal Reserve Bank Stock Applications forms (FR 2030, FR 2030a, FR 2056, FR 2086, FR 2086a, and FR 2087) are used to fulfill the Board’s responsibilities under the FRA, Home Owners’ Loan Act, and Regulation I. These application forms must be used by a new or existing member bank (including a national bank or a CSA) to request the issuance, adjustments (related to a merger) in, or cancellation of Federal Reserve Bank stock. The application forms must contain certain certifications by the applicant as well as certain other financial and shareholder data that are needed by a Reserve Bank to process the request.

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 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 1464a(c) Name of Law: Home Owners’ Loan 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
  
None

Not associated with rulemaking

  87 FR 56421 09/14/2022
87 FR 78962 12/23/2022
No

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 328 103 0 0 225 0
Annual Time Burden (Hours) 406 112 0 0 294 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The increase in total annual burden hours reflects an update to the respondent counts and standardizing the estimated average hours per response burden.

$0
No
    Yes
    No
No
No
No
No
Kaitlin Merritt 202 452-3752 kaitlin.m.merritt@frb.gov

  No

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.
12/18/2025


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