Notice2025-14399
Agency Information Collection Activities: Proposed Collection Renewal; Comment Request
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
July 30, 2025
Issuing agencies
Federal Deposit Insurance Corporation
Abstract
The Federal Deposit Insurance Corporation (FDIC), as part of its obligations under the Paperwork Reduction Act of 1995 (PRA), invites the general public and other Federal agencies to take this opportunity to comment on the renewal of the existing information collection described below (OMB Control No. 3064-0001 and -0189).
Full Text
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<title>Federal Register, Volume 90 Issue 144 (Wednesday, July 30, 2025)</title>
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[Federal Register Volume 90, Number 144 (Wednesday, July 30, 2025)]
[Notices]
[Pages 35859-35861]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-14399]
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FEDERAL DEPOSIT INSURANCE CORPORATION
[OMB No. 3064-0001;-0189]
Agency Information Collection Activities: Proposed Collection
Renewal; Comment Request
AGENCY: Federal Deposit Insurance Corporation FDIC.
ACTION: Notice and request for comment.
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[[Page 35860]]
SUMMARY: The Federal Deposit Insurance Corporation (FDIC), as part of
its obligations under the Paperwork Reduction Act of 1995 (PRA),
invites the general public and other Federal agencies to take this
opportunity to comment on the renewal of the existing information
collection described below (OMB Control No. 3064-0001 and -0189).
DATES: Comments must be submitted on or before September 29, 2025.
ADDRESSES: Interested parties are invited to submit written comments to
the FDIC by any of the following methods:
<bullet> Agency website: <a href="https://www.fdic.gov/resources/regulations/federal-register-publications/">https://www.fdic.gov/resources/regulations/federal-register-publications/</a>.
<bullet> Email: <a href="/cdn-cgi/l/email-protection#4e2d2123232b203a3d0e282a272d60292138"><span class="__cf_email__" data-cfemail="40232f2d2d252e343300262429236e272f36">[email protected]</span></a>. Include the name and number of
the collection in the subject line of the message.
<bullet> Mail: Robert Meiers, Regulatory Counsel, MB-3013, Federal
Deposit Insurance Corporation, 550 17th Street NW, Washington, DC
20429.
<bullet> Hand Delivery: Comments may be hand-delivered to the guard
station at the rear of the 17th Street NW building (located on F Street
NW), on business days between 7 a.m. and 5 p.m.
All comments should refer to the relevant OMB control number. A
copy of the comments may also be submitted to the OMB desk officer for
the FDIC: Office of Information and Regulatory Affairs, Office of
Management and Budget, New Executive Office Building, Washington, DC
20503.
FOR FURTHER INFORMATION CONTACT: Robert Meiers, Regulatory Attorney,
<a href="/cdn-cgi/l/email-protection#64360b09010d0116172402000d074a030b12"><span class="__cf_email__" data-cfemail="b8ead7d5ddd1ddcacbf8dedcd1db96dfd7ce">[email protected]</span></a>, MB-3013, Federal Deposit Insurance Corporation, 550
17th Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION: Proposal to renew the following currently
approved collection of information:
1. Title: Interagency Charter and Federal Deposit Insurance
Application.
OMB Number: 3064-0001.
Form Number: 6200-05.
Affected Public: Banks or savings associations wishing to become
FDIC-insured depository institutions.
Burden Estimate:
Summary of Estimated Annual Burden
[OMB No. 3064-0001]
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Average
Information Collection (IC) Type of burden Number of Number of time per Annual
(obligation to respond) (frequency of response) respondents responses per response burden
respondent (HH:MM) (hours)
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1. Interagency Charter and Federal Reporting (On Occasion) 21 1 125:00 2,625
Deposit Insurance Application, Form
6200-05 (Mandatory).
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Total Annual Burden (Hours)..... ....................... ............ .............. ......... 2,625
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Source: FDIC.
General Description of Collection: The Federal Deposit Insurance
Act requires financial institutions to apply to the FDIC to obtain
deposit insurance. This collection provides the FDIC with the
information needed to evaluate the applications. There is no change in
the method or substance of the collection. The increase in burden hours
is the result of economic fluctuation. In particular, the number of
respondents has increased while the hours per response and frequency of
responses have remained the same.
2. Title: Stress Testing Recordkeeping and Reporting.
OMB Number: 3064-0189.
Form Number: None.
Affected Public: Insured State nonmember banks and State savings
associations.
Burden Estimate:
Summary of Estimated Annual Burden
[OMB No. 3064-0189]
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Average
Information Collection (IC) Type of burden Number of Number of time per Annual
(obligation to respond) (frequency of response) respondents responses per response burden
respondent (HH:MM) (Hours)
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1. Annual Stress Test Reporting Reporting (Biennial)... 1 0.667 240:00 240
Template and Documentation for
covered banks with total
consolidated assets of $250 billion
or more, 12 CFR 325.6 (Mandatory).
2. Methodologies and Practices for Recordkeeping 1 0.667 640:00 640
covered banks with total (Biennial).
consolidated assets of $250 billion
or more, 12 CFR 325.5 (Mandatory).
3. Publication--covered banks with Third-Party Disclosure 1 0.667 160:00 160
total consolidated assets of $250 (Biennial).
billion or more, 12 CFR 325.7
(Mandatory).
4. Documentation of Assumptions, Recordkeeping (Annual). 48 1 40:00 1,920
Uncertainties and Limitations for
FDIC-supervised IDIs with total
consolidated assets of $10 billion
or more, 2009 Interagency Guidance
(Voluntary).
5. Summary of Test Results for FDIC- Recordkeeping (Annual). 48 1 40:00 1,920
supervised IDIs with total
consolidated assets of $10 billion
or more, 2009 Interagency Guidance
(Voluntary).
6. Policies and Procedures for FDIC- Recordkeeping (Annual). 9 1 180:00 1,620
supervised IDIs with total
consolidated assets of $10 billion
or more, 2009 Interagency Guidance
(Voluntary).
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[[Page 35861]]
Total Annual Burden (hours)....................................................................... 6,500
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Source: FDIC.
General Description of Collection: The FDIC has issued a rule
requiring periodic stress testing by FDIC-supervised institutions
having more than $250 billion in total assets, consistent with changes
made by section 401 of the Economic Growth, Regulatory Relief, and
Consumer Protection Act (EGRRCPA). Section 165(i)(2) of the Dodd-Frank
Act requires each primary Federal regulator to issue consistent and
comparable regulations to (1) ensure that certain financial companies
conduct stress tests; (2) establish the form and content of the
required reports of such stress tests, and (3) require companies to
publish a summary of the stress test results. As originally enacted,
section 165(i)(2)(C) applied to all IDIs with average total
consolidated assets of $10 billion or greater, required such IDIs to
conduct annual stress tests, and required the use of three scenarios:
baseline, adverse, and severely adverse. Consistent with the
requirements of section 165(i)(2)(C), as originally enacted, the FDIC
published its final rule implementing section 165(i)(2) on October 15,
2012. The requirements under 12 CFR part 325 applied to FDIC-supervised
IDIs with average total consolidated assets of $10 billion or greater.
The EGRRCPA, enacted on May 24, 2018, amended certain aspects of the
company-run stress-testing requirements in section 165(i)(2) of the
Dodd-Frank Act. The EGRRCPA amendments to the section 165(i)(2) stress
testing requirements became effective eighteen months after enactment.
The aspects of 12 CFR part 325 that constitute an information
collection are those that require a banking organization to (1) file
stress test reports to be filed periodically with the FDIC and the
Board of Governors of the Federal Reserve System (the Board) in the
time, manner, and form specified by the FDIC (12 CFR 325.6); (2)
establish and maintain a system of controls, oversight, and
documentation, including policies and procedures that describe the
covered bank's stress test practices and methodologies, as well as
processes for updating such bank's stress test practices, as well as
specific calculations that must be made by the banking organization
during its stress tests (12 CFR 325.5); and (3) publish a summary of
the results of its stress tests (12 CFR 325.7).
On May 17, 2012, the FDIC, the Office of the Comptroller of the
Currency, and the Board published the 2012 Interagency Guidance on the
use of stress testing as a means to better understand the range of a
banking organization's potential risk exposures. The guidance is
intended for IDIs with total consolidated assets of more than $10
billion and provides an overview of how a banking organization should
structure its stress testing activities to ensure they fit into the
banking organization's overall risk management program. The purpose of
the guidance is to outline broad principles for a satisfactory stress
testing framework and describe the manner in which stress testing
should be used, that is as an integral component of risk management
applicable at various levels of aggregation within a banking
organization as well as a tool for capital and liquidity planning. The
2012 Interagency Guidance recommends that IDIs stress test in
coordination with their ``overall strategy and annual planning cycles''
and assess and review their stress testing frameworks at least once a
year to ensure that stress testing coverage is comprehensive, tests are
relevant and current, methodologies are sound, and results are properly
considered.
The aspects of the 2012 Interagency Guidance that constitute an
information collection are the provisions that state a banking
organization should (1) have a stress testing framework that includes
clearly defined objectives, well designed scenarios tailored to the
banking organization's business and risks, well documented assumptions,
conceptually sound methodologies to assess potential impact on the
banking organization's financial condition (section II); (2) maintain
an internal summary of test results to document at a high level the
range of its stress testing activities and outcomes, as well as
proposed follow-up actions (section III); and (3) have policies and
procedures for a stress testing framework (section VI). There has been
no change in the substance or methodology of this information
collection. The 774 hour increase in total estimated annual burden from
5,726 hours in 2023 to 6,500 hours currently is due to the doubling of
annual responses to ICs 1-3 and the increased number of respondents to
IC 6 and is attenuated by the decreased number of respondents to ICs 4
and 5.
Request for Comment
Comments are invited on (a) whether the collections of information
are necessary for the proper performance of the FDIC's functions,
including whether the information has practical utility; (b) the
accuracy of the estimates of the burden of the information collections,
including the validity of the methodology and assumptions used; (c)
ways to enhance the quality, utility, and clarity of the information to
be collected; and (d) ways to minimize the burden of the collections of
information on respondents, including through the use of automated
collection techniques or other forms of information technology. All
comments will become a matter of public record.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on July 28, 2025.
Debra A. Decker,
Executive Secretary.
[FR Doc. 2025-14399 Filed 7-29-25; 8:45 am]
BILLING CODE 6714-01-P
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