Proposed Agency Information Collection Activities; Comment Request, 26415-26417 [2019-11795]
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Federal Register / Vol. 84, No. 109 / Thursday, June 6, 2019 / Notices
ENVIRONMENTAL PROTECTION
AGENCY
[FRL–9994–73–Region 10]
Proposed Reissuance of NPDES
General Permits for Aquaculture
Facilities in Idaho Excluding Facilities
Discharging Into the Upper SnakeRock Subbasin (IDG131000) and
Aquaculture Facilities Located in
Indian Country in Idaho (IDG133000)
Environmental Protection
Agency (EPA).
ACTION: Notice of proposed reissuance of
NPDES General Permits and request for
public comment.
AGENCY:
The Director of the Water
Division, EPA Region 10, is proposing to
reissue two aquaculture National
Pollutant Discharge Elimination System
(NPDES) General Permits; Aquaculture
Facilities in Idaho Excluding Facilities
Discharging into the Upper Snake-Rock
Subbasin, and Aquaculture Facilities
Located in Indian Country in Idaho. As
proposed, the General Permits will
authorize discharges of wastewater from
cold water and warm water
Concentrated Aquatic Animal
Production facilities (also referred to as
CAAPs or ‘‘hatcheries’’). The permits
will largely replace and combine the
NPDES General Permit for Cold Water
Aquaculture Facilities in Idaho (not
subject to Wasteload Allocations)
(IDG131000) and the NPDES General
Permit for Aquaculture Facilities in
Idaho (subject to Wasteload Allocations)
(IDG130000) but will exclude facilities
discharging within the Upper SnakeRock Subbasin. The EPA is not taking
action on coverage for facilities that
discharge within the Upper Snake-Rock
Subbasin under IDG130000 at this time;
those facilities with coverage will
remain covered under IDG130000.
Coverage for facilities under IDG130000
that are not within the Upper SnakeRock Subbasin will be terminated once
coverage under IDG131000 or
IDG133000 is available. In addition,
with this reissuance, the EPA is
separating out discharges from
aquaculture facilities located in Indian
County in Idaho under a separate
General Permit number (IDG133000).
This will facilitate the transfer of
IDG131000 to the State of Idaho in 2020
as part of the phased implementation of
Idaho’s administration of the NPDES
Program. EPA will remain the
permitting authority for IDG133000.
DATES: Comments must be received by
July 22, 2019.
ADDRESSES: Comments on the draft
General Permits may be mailed to:
khammond on DSKBBV9HB2PROD with NOTICES
SUMMARY:
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Director, Water Division; USEPA Region
10; 1200 Sixth Avenue, Suite 155,
WD19–C09; Seattle, WA 98101, or may
also be submitted by fax to (206) 553–
0165 or electronically to kusnierz.lisa@
epa.gov.
FOR FURTHER INFORMATION CONTACT:
Permit documents may be found on the
EPA Region 10 website at:
www.epa.gov/npdes-permits/draftnpdes-general-permits-aquaculturefacilities-idaho. Copies of the draft
General Permits and Fact Sheet are also
available upon request. Requests may be
made to Audrey Washington at (206)
553–0523 or to Lisa Kusnierz at (208)
378–5626. Requests may also be
electronically mailed to:
washington.audrey@epa.gov, or
kusnierz.lisa@epa.gov.
SUPPLEMENTARY INFORMATION:
I. General Information
There are approximately 25 facilities
eligible for coverage under the two
General Permits. The Permits generally
share the same conditions but differ in
that IDG131000 is for facilities
discharging to waters of the U.S. in
Idaho (excluding facilities discharging
within the Upper Snake-Rock Subbasin)
and IDG133000 is for facilities
discharging to waters of the U.S. within
Indian Country in Idaho. Aquaculture
facilities may use one of several types of
production systems, including ponds,
flow-through systems, and recirculating
systems. Most of the facilities eligible
for coverage by the General Permits use
flow-through systems. Most facilities
have a quiescent zone at the bottom of
their raceways to allow solids and
debris to settle out (where they can be
vacuumed and removed) and use a fullflow settling basin or offline settling
basin to remove sediment and
associated pollutants prior to discharge.
The General Permits have numeric
effluent limits for total phosphorus and
total suspended solids for all facilities
and temperature limits for some
facilities, as well as prohibitions on
certain discharges and practices.
Numeric limitations for facilities may
differ depending on applicable Total
Maximum Daily Load (TMDL)
wasteload allocations. Permit conditions
include reporting requirements for the
usage of drugs and chemicals and
development of a Best Management
Practices Plan that addresses solids
control, operational requirements,
materials storage, structural
maintenance, recordkeeping, and
training.
The basis for the conditions and
requirements of the draft General
Permits are given in the Fact Sheet.
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26415
Facilities will receive a written
notification from the EPA whether
permit coverage and authorization to
discharge under one of the General
Permits is approved. Major changes in
the permit conditions from the 2007
General Permit include: Removal of the
percent total suspended solids removal
requirement for offline settling basins,
prohibition on copper usage, the
addition of continuous temperature
monitoring for some facilities, and
miscellaneous monitoring revisions.
The EPA has completed a Biological
Evaluation for these Permit actions.
Consultation under the Endangered
Species Act between the EPA and the
National Marine Fisheries Service and
the U.S. Fish and Wildlife Service has
been completed. The Services concurred
on the EPA’s determination that the
Permit actions are not likely to
adversely affect species listed under the
Endangered Species Act or designated
critical habitat.
II. Other Legal Requirements
This action was submitted to the
Office of Management and Budget
(OMB) for review under Executive
Orders 12866, Regulatory Planning and
Review, and 13563, Improving
Regulation and Regulatory Review, and
was determined to be not significant.
Compliance with Endangered Species
Act, Essential Fish Habitat, Paperwork
Reduction Act, and other requirements
are discussed in the Fact Sheet to the
proposed permits.
Dated: May 22, 2019.
Angela Chung,
Acting Director, Water Division, Region 10.
[FR Doc. 2019–11815 Filed 6–5–19; 8:45 am]
BILLING CODE 6560–50–P
FEDERAL RESERVE SYSTEM
Proposed Agency Information
Collection Activities; Comment
Request
Board of Governors of the
Federal Reserve System.
ACTION: Notice, request for comment.
AGENCY:
The Board of Governors of the
Federal Reserve System (Board) invites
comment on a proposal to extend for
three years, with revision, the Federal
Reserve Membership Applications and
the Federal Reserve Bank Stock
Applications (FR 2030, FR 2030a, FR
2056, FR 2086, FR 2086a, FR 2087, FR
2083, FR 2083A, FR 2083B, and FR
2083C; OMB Nos. 7100–0042 and 7100–
0046).
DATES: Comments must be submitted on
or before August 5, 2019.
SUMMARY:
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Federal Register / Vol. 84, No. 109 / Thursday, June 6, 2019 / Notices
You may submit comments,
identified by FR 2030, FR 2030a, FR
2056, FR 2086, FR 2086a, FR 2087, FR
2083, FR 2083A, FR 2083B, or FR
2083C, by any of the following methods:
• Agency Website: https://
www.federalreserve.gov. Follow the
instructions for submitting comments at
https://www.federalreserve.gov/apps/
foia/proposedregs.aspx.
• Email: regs.comments@
federalreserve.gov. Include OMB
number in the subject line of the
message.
• Fax: (202) 452–3819 or (202) 452–
3102.
• Mail: Ann E. Misback, Secretary,
Board of Governors of the Federal
Reserve System, 20th Street and
Constitution Avenue NW, Washington,
DC 20551.
All public comments are available on
the Board’s website at https://
www.federalreserve.gov/apps/foia/
proposedregs.aspx as submitted, unless
modified for technical reasons.
Accordingly, your comments will not be
edited to remove any identifying or
contact information. Public comments
may also be viewed electronically or in
paper form in Room 146, 1709 New
York Avenue NW, Washington, DC
20006, between 9:00 a.m. and 5:00 p.m.
on weekdays. For security reasons, the
Board requires that visitors make an
appointment to inspect comments. You
may do so by calling (202) 452–3684.
Upon arrival, visitors will be required to
present valid government-issued photo
identification and to submit to security
screening in order to inspect and
photocopy comments.
Additionally, commenters may send a
copy of their comments to the OMB
Desk Officer—Shagufta Ahmed—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: A
copy of the PRA OMB submission,
including the proposed reporting form
and instructions, supporting statement,
and other documentation will be placed
into OMB’s public docket files, if
approved. These documents will also be
made available on the Board’s public
website at https://
www.federalreserve.gov/apps/
reportforms/review.aspx or may be
requested from the agency clearance
officer, whose name appears below.
Federal Reserve Board Clearance
Officer—Nuha Elmaghrabi—Office of
the Chief Data Officer, Board of
Governors of the Federal Reserve
System, Washington, DC 20551, (202)
khammond on DSKBBV9HB2PROD with NOTICES
ADDRESSES:
VerDate Sep<11>2014
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452–3829. Telecommunications Device
for the Deaf (TDD) users may contact
(202) 263–4869, Board of Governors of
the Federal Reserve System,
Washington, DC 20551.
SUPPLEMENTARY INFORMATION: On June
15, 1984, the Office of Management and
Budget (OMB) delegated to the Board
authority under the Paperwork
Reduction Act (PRA) to approve and
assign OMB control numbers to
collection of information requests and
requirements 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.
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 Collections
Report titles: Federal Reserve Bank
Stock Applications.
Agency form numbers: FR 2030; FR
2030a; FR 2056; FR 2086; FR 2086a; FR
2087.
OMB control number: 7100–0042.
Frequency: On occasion.
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Sfmt 4703
Respondents: New national banks,
non-member state banks converting into
national banks, member banks, and
member banks converting into or
merging into member or nonmember
banks.
Estimated number of respondents: FR
2030, 4; FR 2030a, 7; FR 2056, 1,068; FR
2086, 10; FR 2086a, 86; FR 2087, 1.
Estimated average hours per response:
0.5.
Estimated annual burden hours: FR
2030, 2; FR 2030a, 3.5; FR 2056, 534; FR
2086, 5; FR 2086a, 43; FR 2087, 0.5.
General description of report: Any
national bank wanting to purchase stock
in the Federal Reserve System, any
member bank wanting to increase or
decrease its Federal Reserve Bank stock
holdings, or any bank wanting to cancel
its stock holdings must file an
application with the appropriate Federal
Reserve Bank. The application forms for
the initial subscription of Federal
Reserve Bank stock filed by organizing
national banks and nonmember state
banks converting to national banks (FR
2030 and 2030a, respectively) and the
application forms for the cancellation of
Federal Reserve Bank stock filed by
liquidating member banks, member
banks merging or consolidating with
nonmember banks, and insolvent
member banks (FR 2086, FR 2086a, and
FR 2087, respectively) require one or
more of the following: A resolution by
the applying bank’s board of directors
authorizing the transaction, an
indication of the capital and surplus of
the bank as of the date of application,
a certification (by official signatures) of
the resolution, and/or an indication of
the number of shares and dollar amount
of the Federal Reserve Bank stock to be
purchased or cancelled.
The application form for an interim
adjustment in a member bank’s holdings
of Federal Reserve Bank stock (FR 2056)
requires an indication of the capital and
surplus of the bank as of the date of
application and an indication of the
number of shares held and the number
of shares to be acquired or canceled.
A completed application form must
be submitted for each required
adjustment. Any member bank must use
the FR 2056 to correct a discrepancy
between the amount of Federal Reserve
Bank stock required to be held and the
amount actually held by the member
bank. The latter is determined by the
Reserve Bank through its monitoring of
the bank’s capital accounts reported
quarterly on the Consolidated Reports of
Condition and Income (Call Report)
(FFIEC 031, FFIEC 041, and FFIEC 051;
OMB No. 7100–0036). The Federal
Reserve Bank stock applications are
distributed by the Federal Reserve
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khammond on DSKBBV9HB2PROD with NOTICES
Federal Register / Vol. 84, No. 109 / Thursday, June 6, 2019 / Notices
Banks and the information collected
enables them to account for required
subscription, adjustment, or
cancellation payments to and from the
System and for dividends paid by the
System on any outstanding stock.
Report title: Federal Reserve
Membership Application.
Agency form number: FR 2083/A/B/C.
OMB control number: 7100–0046.
Frequency: On occasion.
Respondents: Member banks
converting into or merging into member
or non-member banks.
Estimated number of respondents: 16.
Estimated average hours per response:
4.
Estimated annual burden hours: 64.
General description of report: The
four individual application forms in the
FR 2083 series (membership application
and relevant attachments) are all onetime submissions that are used by
organizing (new) or existing statechartered banks to apply for
membership in the Federal Reserve
System. The FR 2083 contains a cover
sheet, with general information and
instructions detailing the information to
be submitted according to the type of
applicant bank. The FR 2083A is the
application form for the purchase of
Federal Reserve Bank stock by state
banks (except mutual savings banks)
and by national banks converting into
state member banks. The FR 2083B is
the application form for the purchase of
Federal Reserve Bank stock by mutual
savings banks. The FR 2083C is the
Certificate of Organizers or Directors
certifying that the information being
submitted is true and complete, and the
proposed capital is not impaired.
Proposed revisions: The Board is
proposing to revise the FR 2030, FR
2030a, FR 2056, FR 2083A, FR 2083B,
FR 2086, FR 2086A, FR 2087 with the
following updates: (1) Require the bank
to include their American Bankers
Association (ABA) number on page one
(FR 2030, FR 2030A, FR 2056, FR
2083A, and FR 2083B); (2) include the
Chief Financial Officer (CFO) as an
authorized signer (FR 2030, FR 2030A,
FR 2056, FR 2083A, FR 2083B, FR 2086,
and FR 2086A); (3) remove the SEAL
and/or notarization requirement to
allow for electronic retention of
documentation (FR 2030, FR 2030A, FR
2056, FR 2083A, FR 2083B, and FR
2087); (4) include a note requiring that
the signer of the form be included on
the bank’s Official Authorization List
that is on file with the Federal Reserve
(FR 2030, 2030A, FR 2056, 2083A, FR
2083B, and FR 2086A); (5) collect an
additional data point ‘‘Less: retained
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16:11 Jun 05, 2019
Jkt 247001
earnings and accumulated other
comprehensive income if such
combined amount is negative’’ on page
one (FR 2030, FR 2030a, similar to the
FR 2056); (6) on page one of FR 2056:
(a) Place a box around the area where
member banks enter their Common
stock, Paid-in surplus and NRE figures
(if applicable) and place a bolded
‘‘Member banks’’ identifier at top left,
(b) place member bank and mutual
savings bank calculations separated
from each other in order to alleviate
each type of institution from using both
areas, and (c) insert the statement to,
‘‘round up only’’ to footnote 3. The
Board is not proposing any revision to
the FR 2083 and FR 2083C forms as part
of this process.
Legal authorization and
confidentiality: The Federal Reserve
Membership Application is authorized
by Section 9 of the Federal Reserve Act
(FRA) (12 U.S.C. 321, 322, 323, 329, and
333). The Federal Reserve Bank Stock
Applications are authorized pursuant to
Sections 9 (12 U.S.C. 321) and 11(a) of
the FRA (12 U.S.C. 248(a)).
Additionally, the FR 2030 and FR 2030a
are specifically authorized by Section 2
of the FRA (12 U.S.C. 222 and 282); the
FR 2056, FR 2086, and FR 2086a are
authorized by Section 5 of the FRA (12
U.S.C. 287); and the FR 2087 is
authorized by Section 6 of the FRA (12
U.S.C. 288).
The FR 2083 is required to obtain a
benefit, while the FR 2030, FR 2030a,
FR 2056, FR 2086, FR 2086a, and FR
2087 are mandatory. Individual
respondents may request that
information submitted to the Board in
these applications be kept confidential
on a case-by-case basis. Such
applications may contain information
related the business plans of the
respondent. Under certain
circumstances, this information may be
withheld under exemption 4 of the
Freedom of Information Act (FOIA),
which protects privileged or
confidential commercial or financial
information (5 U.S.C. 552(b)(4)). These
applications may also contain
information of a personal nature the
disclosure of which would result in a
clearly unwarranted invasion of
personal privacy, which may be
protected under exemption 6 of the
FOIA (5 U.S.C. 552(b)(6)). Additionally,
exemption 8 of the FOIA (5 U.S.C.
552(b)(8)) may apply to the extent the
reported information is contained in or
related to examination reports.
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26417
Board of Governors of the Federal Reserve
System, May 31, 2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019–11795 Filed 6–5–19; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
The companies listed in this notice
have applied to the Board for approval,
pursuant to the Bank Holding Company
Act of 1956 (12 U.S.C. 1841 et seq.)
(BHC Act), Regulation Y (12 CFR part
225), and all other applicable statutes
and regulations to become a bank
holding company and/or to acquire the
assets or the ownership of, control of, or
the power to vote shares of a bank or
bank holding company and all of the
banks and nonbanking companies
owned by the bank holding company,
including the companies listed below.
The applications listed below, as well
as other related filings required by the
Board, are available for immediate
inspection at the Federal Reserve Bank
indicated. The applications will also be
available for inspection at the offices of
the Board of Governors. Interested
persons may express their views in
writing on the standards enumerated in
the BHC Act (12 U.S.C. 1842(c)). If the
proposal also involves the acquisition of
a nonbanking company, the review also
includes whether the acquisition of the
nonbanking company complies with the
standards in section 4 of the BHC Act
(12 U.S.C. 1843). Unless otherwise
noted, nonbanking activities will be
conducted throughout the United States.
Unless otherwise noted, comments
regarding each of these applications
must be received at the Reserve Bank
indicated or the offices of the Board of
Governors not later than July 5, 2019.
A. Federal Reserve Bank of Dallas
(Robert L. Triplett III, Senior Vice
President) 2200 North Pearl Street,
Dallas, Texas 75201–2272:
1. PFBS Holdings, Inc., Dallas, Texas;
to become a bank holding company by
acquiring voting shares of Lakeside
Bancshares, Inc., and indirectly acquire
Lakeside National Bank, both of
Rockwall, Texas.
Board of Governors of the Federal Reserve
System, June 3, 2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019–11856 Filed 6–5–19; 8:45 am]
BILLING CODE P
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]]>Agencies
[Federal Register Volume 84, Number 109 (Thursday, June 6, 2019)]
[Notices]
[Pages 26415-26417]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-11795]
=======================================================================
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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.
-----------------------------------------------------------------------
SUMMARY: The Board of Governors of the Federal Reserve System (Board)
invites comment on a proposal to extend for three years, with revision,
the Federal Reserve Membership Applications and the Federal Reserve
Bank Stock Applications (FR 2030, FR 2030a, FR 2056, FR 2086, FR 2086a,
FR 2087, FR 2083, FR 2083A, FR 2083B, and FR 2083C; OMB Nos. 7100-0042
and 7100-0046).
DATES: Comments must be submitted on or before August 5, 2019.
[[Page 26416]]
ADDRESSES: You may submit comments, identified by FR 2030, FR 2030a, FR
2056, FR 2086, FR 2086a, FR 2087, FR 2083, FR 2083A, FR 2083B, or FR
2083C, by any of the following methods:
Agency Website: https://www.federalreserve.gov. Follow the
instructions for submitting comments at https://www.federalreserve.gov/apps/foia/proposedregs.aspx.
Email: [email protected]. Include OMB
number in the subject line of the message.
Fax: (202) 452-3819 or (202) 452-3102.
Mail: Ann E. Misback, Secretary, Board of Governors of the
Federal Reserve System, 20th Street and Constitution Avenue NW,
Washington, DC 20551.
All public comments are available on the Board's website at https://www.federalreserve.gov/apps/foia/proposedregs.aspx as submitted, unless
modified for technical reasons. Accordingly, your comments will not be
edited to remove any identifying or contact information. Public
comments may also be viewed electronically or in paper form in Room
146, 1709 New York Avenue NW, Washington, DC 20006, between 9:00 a.m.
and 5:00 p.m. on weekdays. For security reasons, the Board requires
that visitors make an appointment to inspect comments. You may do so by
calling (202) 452-3684. Upon arrival, visitors will be required to
present valid government-issued photo identification and to submit to
security screening in order to inspect and photocopy comments.
Additionally, commenters may send a copy of their comments to the
OMB Desk Officer--Shagufta Ahmed--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: A copy of the PRA OMB submission,
including the proposed reporting form and instructions, supporting
statement, and other documentation will be placed into OMB's public
docket files, if approved. These documents will also be made available
on the Board's public website at https://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested from the agency clearance
officer, whose name appears below.
Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of
the Chief Data Officer, Board of Governors of the Federal Reserve
System, Washington, DC 20551, (202) 452-3829. Telecommunications Device
for the Deaf (TDD) users may contact (202) 263-4869, Board of Governors
of the Federal Reserve System, Washington, DC 20551.
SUPPLEMENTARY INFORMATION: On June 15, 1984, the Office of Management
and Budget (OMB) delegated to the Board authority under the Paperwork
Reduction Act (PRA) to approve and assign OMB control numbers to
collection of information requests and requirements 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.
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 Collections
Report titles: Federal Reserve Bank Stock Applications.
Agency form numbers: FR 2030; FR 2030a; FR 2056; FR 2086; FR 2086a;
FR 2087.
OMB control number: 7100-0042.
Frequency: On occasion.
Respondents: New national banks, non-member state banks converting
into national banks, member banks, and member banks converting into or
merging into member or nonmember banks.
Estimated number of respondents: FR 2030, 4; FR 2030a, 7; FR 2056,
1,068; FR 2086, 10; FR 2086a, 86; FR 2087, 1.
Estimated average hours per response: 0.5.
Estimated annual burden hours: FR 2030, 2; FR 2030a, 3.5; FR 2056,
534; FR 2086, 5; FR 2086a, 43; FR 2087, 0.5.
General description of report: Any national bank wanting to
purchase stock in the Federal Reserve System, any member bank wanting
to increase or decrease its Federal Reserve Bank stock holdings, or any
bank wanting to cancel its stock holdings must file an application with
the appropriate Federal Reserve Bank. The application forms for the
initial subscription of Federal Reserve Bank stock filed by organizing
national banks and nonmember state banks converting to national banks
(FR 2030 and 2030a, respectively) and the application forms for the
cancellation of Federal Reserve Bank stock filed by liquidating member
banks, member banks merging or consolidating with nonmember banks, and
insolvent member banks (FR 2086, FR 2086a, and FR 2087, respectively)
require one or more of the following: A resolution by the applying
bank's board of directors authorizing the transaction, an indication of
the capital and surplus of the bank as of the date of application, a
certification (by official signatures) of the resolution, and/or an
indication of the number of shares and dollar amount of the Federal
Reserve Bank stock to be purchased or cancelled.
The application form for an interim adjustment in a member bank's
holdings of Federal Reserve Bank stock (FR 2056) requires an indication
of the capital and surplus of the bank as of the date of application
and an indication of the number of shares held and the number of shares
to be acquired or canceled.
A completed application form must be submitted for each required
adjustment. Any member bank must use the FR 2056 to correct a
discrepancy between the amount of Federal Reserve Bank stock required
to be held and the amount actually held by the member bank. The latter
is determined by the Reserve Bank through its monitoring of the bank's
capital accounts reported quarterly on the Consolidated Reports of
Condition and Income (Call Report) (FFIEC 031, FFIEC 041, and FFIEC
051; OMB No. 7100-0036). The Federal Reserve Bank stock applications
are distributed by the Federal Reserve
[[Page 26417]]
Banks and the information collected enables them to account for
required subscription, adjustment, or cancellation payments to and from
the System and for dividends paid by the System on any outstanding
stock.
Report title: Federal Reserve Membership Application.
Agency form number: FR 2083/A/B/C.
OMB control number: 7100-0046.
Frequency: On occasion.
Respondents: Member banks converting into or merging into member or
non-member banks.
Estimated number of respondents: 16.
Estimated average hours per response: 4.
Estimated annual burden hours: 64.
General description of report: The four individual application
forms in the FR 2083 series (membership application and relevant
attachments) are all one-time submissions that are used by organizing
(new) or existing state-chartered banks to apply for membership in the
Federal Reserve System. The FR 2083 contains a cover sheet, with
general information and instructions detailing the information to be
submitted according to the type of applicant bank. The FR 2083A is the
application form for the purchase of Federal Reserve Bank stock by
state banks (except mutual savings banks) and by national banks
converting into state member banks. The FR 2083B is the application
form for the purchase of Federal Reserve Bank stock by mutual savings
banks. The FR 2083C is the Certificate of Organizers or Directors
certifying that the information being submitted is true and complete,
and the proposed capital is not impaired.
Proposed revisions: The Board is proposing to revise the FR 2030,
FR 2030a, FR 2056, FR 2083A, FR 2083B, FR 2086, FR 2086A, FR 2087 with
the following updates: (1) Require the bank to include their American
Bankers Association (ABA) number on page one (FR 2030, FR 2030A, FR
2056, FR 2083A, and FR 2083B); (2) include the Chief Financial Officer
(CFO) as an authorized signer (FR 2030, FR 2030A, FR 2056, FR 2083A, FR
2083B, FR 2086, and FR 2086A); (3) remove the SEAL and/or notarization
requirement to allow for electronic retention of documentation (FR
2030, FR 2030A, FR 2056, FR 2083A, FR 2083B, and FR 2087); (4) include
a note requiring that the signer of the form be included on the bank's
Official Authorization List that is on file with the Federal Reserve
(FR 2030, 2030A, FR 2056, 2083A, FR 2083B, and FR 2086A); (5) collect
an additional data point ``Less: retained earnings and accumulated
other comprehensive income if such combined amount is negative'' on
page one (FR 2030, FR 2030a, similar to the FR 2056); (6) on page one
of FR 2056: (a) Place a box around the area where member banks enter
their Common stock, Paid-in surplus and NRE figures (if applicable) and
place a bolded ``Member banks'' identifier at top left, (b) place
member bank and mutual savings bank calculations separated from each
other in order to alleviate each type of institution from using both
areas, and (c) insert the statement to, ``round up only'' to footnote
3. The Board is not proposing any revision to the FR 2083 and FR 2083C
forms as part of this process.
Legal authorization and confidentiality: The Federal Reserve
Membership Application is authorized by Section 9 of the Federal
Reserve Act (FRA) (12 U.S.C. 321, 322, 323, 329, and 333). The Federal
Reserve Bank Stock Applications are authorized pursuant to Sections 9
(12 U.S.C. 321) and 11(a) of the FRA (12 U.S.C. 248(a)). Additionally,
the FR 2030 and FR 2030a are specifically authorized by Section 2 of
the FRA (12 U.S.C. 222 and 282); the FR 2056, FR 2086, and FR 2086a are
authorized by Section 5 of the FRA (12 U.S.C. 287); and the FR 2087 is
authorized by Section 6 of the FRA (12 U.S.C. 288).
The FR 2083 is required to obtain a benefit, while the FR 2030, FR
2030a, FR 2056, FR 2086, FR 2086a, and FR 2087 are mandatory.
Individual respondents may request that information submitted to the
Board in these applications be kept confidential on a case-by-case
basis. Such applications may contain information related the business
plans of the respondent. Under certain circumstances, this information
may be withheld under exemption 4 of the Freedom of Information Act
(FOIA), which protects privileged or confidential commercial or
financial information (5 U.S.C. 552(b)(4)). These applications may also
contain information of a personal nature the disclosure of which would
result in a clearly unwarranted invasion of personal privacy, which may
be protected under exemption 6 of the FOIA (5 U.S.C. 552(b)(6)).
Additionally, exemption 8 of the FOIA (5 U.S.C. 552(b)(8)) may apply to
the extent the reported information is contained in or related to
examination reports.
Board of Governors of the Federal Reserve System, May 31, 2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019-11795 Filed 6-5-19; 8:45 am]
BILLING CODE 6210-01-P
