Notice2026-00390
Proposed Agency Information Collection Activities; 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
January 12, 2026
Issuing agencies
Federal Reserve System
Abstract
The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, with revision, the Census of Finance Companies and Other Lenders and Survey of Finance Companies (FR 3033p and FR 3033s; OMB No. 7100-0277).
Full Text
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<title>Federal Register, Volume 91 Issue 7 (Monday, January 12, 2026)</title>
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[Federal Register Volume 91, Number 7 (Monday, January 12, 2026)]
[Notices]
[Pages 1186-1188]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-00390]
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FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Notice, request for comment.
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SUMMARY: The Board of Governors of the Federal Reserve System (Board)
invites comment on a proposal to extend for three years, with revision,
the Census of Finance Companies and Other Lenders and Survey of Finance
Companies (FR 3033p and FR 3033s; OMB No. 7100-0277).
DATES: Comments must be submitted on or before March 13, 2026.
ADDRESSES: You may submit comments, identified by FR 3033p and FR
3033s, by any of the following methods:
<bullet> Agency website: <a href="https://www.federalreserve.gov/apps/proposals/">https://www.federalreserve.gov/apps/proposals/</a>. Follow the instructions for submitting comments, including
attachments. Preferred Method.
<bullet> Mail: Benjamin W. McDonough, Deputy Secretary and Ombuds,
Board of Governors of the Federal Reserve System, 20th Street and
Constitution Avenue NW, Washington, DC 20551.
<bullet> Hand Delivery/Courier: Same as mailing address.
<bullet> Other Means: <a href="/cdn-cgi/l/email-protection#a3d3d6c1cfcac0c0cccecec6cdd7d0e3c5d1c18dc4ccd5"><span class="__cf_email__" data-cfemail="bdcdc8dfd1d4deded2d0d0d8d3c9cefddbcfdf93dad2cb">[email protected]</span></a>. You must include the
OMB number or the FR number in the subject line of the message.
Comments received are subject to public disclosure. In general,
comments received will be made available on the Board's website at
<a href="https://www.federalreserve.gov/apps/proposals/">https://www.federalreserve.gov/apps/proposals/</a> without change and will
not be modified to remove personal or business information including
confidential, contact, or other identifying information. Comments
should not include any information such as confidential information
that would not be appropriate for public disclosure. Public comments
may also be viewed electronically or in person in Room M-4365A, 2001 C
St. NW, Washington, DC 20551, between 9 a.m. and 5 p.m. during Federal
business weekdays.
Additionally, commenters may send a copy of their comments to the
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.
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#ee809b868fc08b82838f89869c8f8c87ae889c8cc0898198"><span class="__cf_email__" data-cfemail="523c273a337c373e3f33353a2033303b123420307c353d24">[email protected]</span></a>, (202)
452-3884.
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. In exercising this delegated authority, the
Board is directed to take every reasonable step to solicit comment. In
determining whether to approve a collection of information, the Board
will consider all comments received from the public and other agencies.
During the comment period for this proposal, a copy of the proposed
PRA OMB submission, including the draft reporting form and
instructions, supporting statement (which contains more detail about
the information collection and burden estimates than
[[Page 1187]]
this notice), and other documentation, will be made available on the
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 3033p and FR 3033s. Final versions of these
documents will be made available at <a href="https://www.reginfo.gov/public/do/PRAMain">https://www.reginfo.gov/public/do/PRAMain</a>, if approved.
Request for Comment on Information Collection Proposal
The Board invites public comment on the following information
collection, which is being reviewed under authority delegated by the
OMB under the PRA. Comments are invited on the following:
a. Whether the proposed collection of information is necessary for
the proper performance of the Board's functions, including whether the
information has practical utility;
b. The accuracy of the Board's estimate of the burden of the
proposed information collection, including the validity of the
methodology and assumptions used;
c. Ways to enhance the quality, utility, and clarity of the
information to be collected;
d. Ways to minimize the burden of information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
e. Estimates of capital or startup costs and costs of operation,
maintenance, and purchase of services to provide information.
At the end of the comment period, the comments and recommendations
received will be analyzed to determine the extent to which the Board
should modify the proposal.
Proposal Under OMB Delegated Authority To Extend for Three Years, With
Revision, the Following Information Collection
Collection title: Census of Finance Companies and Other Lenders and
Survey of Finance Companies.
Collection identifier: FR 3033p and FR 3033s.
OMB control number: 7100-0277.
General description of collection: The FR 3033 information
collection (the quinquennial) consists of the Census of Finance
Companies and Other Lenders (FR 3033p), which the Board revised in May
2025, as well as the Survey of Finance Companies (FR 3033s), which the
Board is revising at this time. The FR 3033p is the first part of a
two-stage survey series, which has been conducted at a regular five-
year interval since 1955. The second part of this information
collection, the FR 3033s, collects balance sheet data on major
categories of consumer and business credit receivables and major
liabilities, along with income and expenses, and is used to gather
information on the scope of the company's operations and loan and lease
activities. In addition, questions were added to assess the current
geographical penetration and online presence of finance companies. From
the universe of finance companies determined by the FR 3033p, a
stratified random sample of 3,000 finance companies will be drawn for
the FR 3033s. This survey will be sent in April 2026 and will collect
information as of December 31, 2025. The data collected from this
voluntary survey will be used for two purposes: to benchmark the
consumer and business finance series collected on the monthly Domestic
Finance Company Report of Consolidated Assets and Liabilities (FR 2248;
OMB No. 7100-0005) which in turn serves as an input to the following
statistical releases: Finance Companies (G.20), Consumer Credit (G.19)
and Financial Accounts of the United States (Z.1), and to increase the
Federal Reserve's understanding of an important part of the financial
system.
Proposed revisions: The Board proposes to revise the FR 3033s to
improve clarity, simplify the form overall, and collect information on
the activities of finance companies. The overall result is a net
removal of seven items from the survey. The FR 3033p is not being
revised as part of this clearance. The FR 3033s revisions, which would
be effective for the April 2026 survey date, include:
A. Removals:
<bullet> Removing 5 real estate loan items (3.A.1.a through 3.A.3).
<bullet> Removing items 8.A and 8.B.
<bullet> Removing items 11.A and 11.B.
<bullet> Removing 3 questions, 13.A through 13.C, as they were
special topic questions added for the 2021 survey.
B. Revisions:
<bullet> Revising general survey instructions and item descriptions
for clarity.
<bullet> Revising the benchmark date to December 31, 2025.
<bullet> Revising any references to ``capital leases'' to ``finance
leases.'' In lease accounting, under the ASC 842 standard, what was
previously termed a capital lease is now referred to as a finance
lease.
<bullet> Revising item 7.C to say ``Notes, Bonds, Debentures, and
Non-Recourse Debt.'' This is a catch-all bucket for all other short-
and long-term debt not elsewhere classified.
<bullet> Revising item 7.D to say ``Debt Due to Affiliates.''
<bullet> Renumbering item 8.C to 8.
<bullet> Revising item 10.F to say ``Marketing Cost (e.g.,
Advertising and Publicity)''. The term ``marketing'' can encompass a
broader range of activities and costs and help align better with the
10K form.
<bullet> Revising Question 12 and renumbering it to 3.B.4.a so that
it is placed next to the relevant item 3.B.4. It assesses the extent of
offerings of consumer credit products by the finance company industry.
This placement also makes it feasible to identify specialty finance
companies and facilitate analysis of profitability at such companies.
3.B.4.a. If your company owns Other Consumer Loans, select all the
types available:
[sdiam4] Mobile home loans [ ] Yes [ ] No
[sdiam4] Motor vehicle title loans [ ] Yes [ ] No
[sdiam4] Pawn loans [ ] Yes [ ] No
[sdiam4] Payday loans [ ] Yes [ ] No
C. Additions:
<bullet> Adding an item for ``Real Estate Loans'' in section 3.A as
question 3.A.1. This positioning is the result of consolidating all the
real estate loan items (3.A.1.a through 3.A.3), which are being
removed.
<bullet> Adding a Question 11.A to assess the current geographical
penetration of finance companies and help contribute to the
understanding of the structure of finance companies.
11.A. Does your company extend loans and leases in only one state
in the U.S.?
[ssquf] Yes
[ssquf] No, in more than one state
[ssquf] Don't know
<bullet> Adding a Question 11.B to assess the current online
presence of finance companies. It would help shed light on the trends
in the online expansion of finance companies. It would also contribute
to the understanding of the implications of financial technology in
this sector.
11.B. Does your company extend 50% or more of the loans and leases
online?
[ssquf] Yes
[ssquf] No
[ssquf] Don't know
<bullet> Adding a Question 12 to quantify the extent of
securitization by finance companies. Since the 2020 Quinquennial Survey
of Finance Companies, information on the securitized off-book loans
managed by finance companies is no longer being asked. Anecdotal
evidence suggests that
[[Page 1188]]
finance companies are increasingly relying on securitization as an
alternative funding vehicle.
12. Did your company securitize loans in 2025?
[ssquf] Yes
[ssquf] No
[ssquf] Don't know
<bullet> Adding a Question 13 to assess respondents' interest in
joining the FR 2248 panel of reporters. It would make panel
participation easier and improve the panel recruitment effort and
outcome.
13. A panel of finance companies report assets and liabilities to
the Federal Reserve on a monthly or quarterly basis. The form they use
is available for preview at <a href="https://www.federalreserve.gov/apps/reportingforms/Report/Index/FR_2248">https://www.federalreserve.gov/apps/reportingforms/Report/Index/FR_2248</a>. The panel's frequent and timely
information helps the industry participants and policymakers. Is your
company interested in joining the panel?
[ssquf] Yes
[ssquf] No, not presently
[ssquf] Maybe
Frequency: Quinquennially.
Respondents: Finance companies.
Total estimated number of respondents: 8,800.
Total estimated change in burden: (244).
Total estimated annual burden hours: 3,512.
Board of Governors of the Federal Reserve System, January 8,
2026.
Erin M. Cayce,
Assistant Secretary of the Board.
[FR Doc. 2026-00390 Filed 1-9-26; 8:45 am]
BILLING CODE 6210-01-P
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