Investment in Bank Premises Notification

ICR 201606-7100-020

OMB: 7100-0139

Federal Form Document

Forms and Documents
Document
Name
Status
Justification for No Material/Nonsubstantive Change
2016-06-29
IC Document Collections
IC ID
Document
Title
Status
36178
Modified
ICR Details
7100-0139 201606-7100-020
Historical Active 201305-7100-006
FRS FR 4014
Investment in Bank Premises Notification
No material or nonsubstantive change to a currently approved collection   No
Delegated
Approved without change 06/29/2016
Retrieve Notice of Action (NOA) 06/29/2016
  Inventory as of this Action Requested Previously Approved
06/30/2016 06/30/2016 06/30/2016
9 0 11
5 0 6
0 0 0

The Federal Reserve Act requires a state member bank to seek prior Federal Reserve approval before making an investment in bank premises that exceeds certain thresholds. The Federal Reserve uses the information provided in the notice to fulfill its statutory obligation to supervise state member banks. There is no formal reporting form, and each required request for prior approval must be filed as a notification with the appropriate Reserve Bank.

US Code: 12 USC 371d(a) Name of Law: Federal Reserve Act
  
None

Not associated with rulemaking

  78 FR 22261 04/15/2013
78 FR 38032 06/25/2013
No

1
IC Title Form No. Form Name
Investment in Bank Premises Notification

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 9 11 0 0 -2 0
Annual Time Burden (Hours) 5 6 0 0 -1 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The decrease in burden hours reflects an update to the FR 4014 respondent count.

$0
No
No
No
No
No
Uncollected
Scott Farmer 202-452-2253 [email protected]

  No

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.
06/29/2016


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