Form FR 2030 FR 2030 Application Federal Reserve Bank Stock (for Use by De No

Applications for Subscription to, Adjustment in Holding of, and Cancellation of Federal Reserve Bank Stock

FR_2030_200809_f_i

Application Federal Reserve Bank Stock (for Use by De Novo National Banks)

OMB: 7100-0042

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FOR USE BY DE NOVO NATIONAL BANKS BANKS	

FR 2030
OMB Number 7100–0042
Approval Expires September 30, 2011

Board of Governors of the Federal Reserve System

Application for Federal Reserve Bank Stock
Date of Application

At a meeting of the Board of Directors of

Legal Name of Organizing Bank

, duly called and held on the

day of

, 20

,

the following resolution was adopted:
“WHEREAS, the Board of Directors, on behalf of this bank, desires to subscribe to the capital stock of the Federal Reserve Bank of the
district in which this bank is located, in accordance with the provisions of the act of Congress approved December 23, 1913, as amended,
and known as the Federal Reserve Act;
“WHEREAS, the authorized capital of this bank is $
agreed to pay in a surplus of $

, and the subscribers to its capital stock have
;

“WHEREAS, it is contemplated that this bank will have a paid-up capital of $
and a paid-up surplus of
$
at the time it is authorized by the Comptroller of the Currency to commence business; and
“WHEREAS, six percent of such [authorized/paid-up]1 capital and surplus [amounts/will amount] to $

;

“NOW, THEREFORE, BE IT RESOLVED, that the President or Vice President and Cashier or Secretary of this bank be, and they are
hereby, authorized, empowered, and directed to make application for and to subscribe to the appropriate number of shares, of a par value
of $100 each, of the capital stock of the Federal Reserve Bank of
and to pay for2 such stock in accordance with the provisions of the Federal Reserve Act.”
I hereby certify that the foregoing is a true and complete copy of a resolution duly adopted by the Board of Directors of this bank on the
date specified and still in full force and effect.

Cashier or Secretary

(Over)

1.	 In order to avoid the necessity of making applications for additional
stock in the Federal Reserve Bank, as additional installments of the
capital stock and surplus of the applying bank are paid in, application
may be made for stock in the Federal Reserve Bank in an amount equal
to six percent of the authorized capital of the applying bank plus six
percent of the amount of surplus, if any, which the subscribers to the
capital stock of the applying bank have agreed to pay in.

2. One-half of the amount of the bank’s subscription shall be paid to the
Federal Reserve Bank and the remaining half will be subject to call
when deemed necessary by the Board of Governors of the Federal
Reserve System.

Public reporting burden for this collection of information is estimated to average 0.5
hours per response, including the time to gather and maintain data in the required
form and to review instructions and complete the information collection. Send comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden, to Secretary, Board of Gov-

ernors of the Federal Reserve System, Washington, DC 20551; and to the Office of
Management and Budget, Paperwork Reduction Project (7100–0042), Washington,
DC 20503. The Federal Reserve may not conduct or sponsor, and an organization
(or a person) is not required to respond to a collection of information unless it displays a currently valid OMB control number.

This application should be sent to the FEDERAL RESERVE BANK of your district.

FR 2030
Page 2

Application for Federal Reserve Bank Stock—Continued
Pursuant to the foregoing resolution, this bank hereby subscribes to and makes application for
shares3 of the capital stock of the Federal Reserve Bank of
, of a par value of
$100 each, amounting to $
, and agrees to pay for same in accordance with the provisions of the Federal Reserve Act.

By
Legal Name of Organizing Bank

President or Vice President

[SEAL]4

ABA Number

Attest
City or Town and State

3.	 If six percent of the paid-up or authorized capital and surplus, whichever is adopted as the base of this application, amounts to a sum not
divisible by 100, the bank should apply for one additional share of stock
for any excess or fractional part of $100.

Cashier or Secretary

4. If the seal of the bank has not been obtained, or if a seal is not required
under state law, it may be omitted from the application.


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