Notice2025-02362
Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
February 7, 2025
Issuing agencies
Federal Reserve System
Abstract
The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Domestic Branch Application (FR 4001; OMB No. 7100-0097).
Full Text
<html>
<head>
<title>Federal Register, Volume 90 Issue 25 (Friday, February 7, 2025)</title>
</head>
<body><pre>
[Federal Register Volume 90, Number 25 (Friday, February 7, 2025)]
[Notices]
[Pages 9160-9161]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-02362]
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Announcement of Board
Approval Under Delegated Authority and Submission to OMB
AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: The Board of Governors of the Federal Reserve System (Board)
is adopting a proposal to extend for three years, without revision, the
Domestic Branch Application (FR 4001; OMB No. 7100-0097).
FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance
Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of
Governors of the Federal Reserve System, <a href="/cdn-cgi/l/email-protection#157b607d743b70797874727d6774777c557367773b727a63"><span class="__cf_email__" data-cfemail="09677c6168276c6564686e617b686b60496f7b6b276e667f">[email protected]</span></a>, (202)
452-3884.
Office of Management and Budget (OMB) Desk Officer for the Federal
Reserve Board, Office of Information and Regulatory Affairs, Office of
Management and Budget, New Executive Office Building, Room 10235, 725
17th Street NW, Washington, DC 20503, or by fax to (202) 395-6974.
SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board
authority under the Paperwork Reduction Act (PRA) to approve and assign
OMB control numbers to collections of information conducted or
sponsored by the Board. Board-approved collections of information are
incorporated into the official OMB inventory of currently approved
collections of information. The OMB inventory, as well as copies of the
PRA Submission, supporting statements (which contain more detailed
information about the information collections and burden estimates than
this notice), and approved collection of information instrument(s) are
available at <a href="https://www.reginfo.gov/public/do/PRAMain">https://www.reginfo.gov/public/do/PRAMain</a>. These documents
are also available on the Federal Reserve Board's public website at
<a href="https://www.federalreserve.gov/apps/reportingforms/review">https://www.federalreserve.gov/apps/reportingforms/review</a> or may be
requested from the agency clearance officer, whose name appears above.
On the page displayed at the link above, you can find the supporting
information by referencing the collection identifier, FR 4001.
Final Approval Under OMB Delegated Authority of the Extension for Three
Years, Without Revision, of the Following Information Collection
Collection title: Domestic Branch Application.
Collection identifier: FR 4001.
OMB control number: 7100-0097.
General description of collection: The Federal Reserve Act and the
Board's Regulation H--Membership of State Banking Institutions in the
Federal Reserve System (12 CFR part 208) require a state member bank to
seek prior approval of the Federal Reserve System before establishing
or acquiring a domestic branch. Such requests for approval must be
filed as applications at the appropriate Reserve Bank for the state
member bank. Due to the limited information that a state member bank
generally has to provide for branch proposals, there is no formal
reporting
[[Page 9161]]
form for a domestic branch application. A state member bank is required
to notify the Federal Reserve by letter of its intent to establish one
or more new branches and provide evidence that public notice of the
proposed branch(es) has been published by the state member bank in the
appropriate newspaper(s). The applicant may include with its letter a
copy of the Conference of State Bank Supervisors Uniform Interstate
Application/Notice form. The Federal Reserve uses the information
provided by the applicant to fulfill its statutory obligation to review
branch applications before acting on the proposals and to otherwise
supervise state member banks.
Frequency: Event-generated.
Respondents: State member banks.
Total estimated number of respondents: 179.
Total estimated annual burden hours: 425.
Current actions: On October 2, 2024, the Board published a notice
in the Federal Register (89 FR 80243) requesting public comment for 60
days on the extension, without revision, of the FR 4001. The comment
period for this notice expired on December 2, 2024. The Board did not
receive any comments.
Board of Governors of the Federal Reserve System, February 4,
2025.
Benjamin W. McDonough,
Deputy Secretary and Ombuds of the Board.
[FR Doc. 2025-02362 Filed 2-6-25; 8:45 am]
BILLING CODE 6210-01-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on February 7, 2025.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.