This report collects information from
depository institutions (other than U.S. branches and agencies of
foreign banks and Edge and agreement corporations) that are fully
exempt from reserve requirements under the Garn-St. Germain
Depository Institutions Act of 1982. This mandatory report is used
by the Federal Reserve for administering Regulation D (Reserve
Requirements of Depository Institutions) and for constructing,
analyzing, and controlling the monetary and reserve
aggregates.
US Code:
12 USC 248a and 461 Name of Law: Federal Reserve Act and
Monetary Control Act
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.