Federal Home Loan Bank Directors

Forms and Documents

Document Name	Status
Form Independent Direct Federal Home Loan Bank Independent Directors: Incumbent Individuals Form and Instruction	Modified
Form Independent Direct Federal Home Loan Bank Independent Directors: Prospective Individuals Form and Instruction	Modified
Form Member Director Fo Federal Home Loan Bank Member Director Eligibility Certification: Prospective and Incumbent Individuals Form and Instruction	Modified
ROCIS_2021 Renewal Bank Director Forms SuppStmnt.pdf Supporting Statement A	2021-05-18

IC Document Collections

IC ID	Document Title	Status
213660	Federal Home Loan Bank Independent Directors: Incumbent Individuals Form and Instruction	Modified
182837	Federal Home Loan Bank Independent Directors: Prospective Individuals Form and Instruction	Modified
182834	Federal Home Loan Bank Member Director Eligibility Certification: Prospective and Incumbent Individuals Form and Instruction	Modified

ICR Details

OMB Control No: 2590-0006	ICR Reference No: 202105-2590-001
Status: Received in OIRA	Previous ICR Reference No: 202007-2590-001
Agency/Subagency: FHFA	Agency Tracking No: N/A
Title: Federal Home Loan Bank Directors
Type of Information Collection: Reinstatement without change of a previously approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 05/21/2021

	Requested	Previously Approved
Expiration Date	36 Months From Approved
Responses	241	0
Time Burden (Hours)	119	0
Cost Burden (Dollars)	0	0

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Abstract: The information collection concerns administration of the Federal Home Loan Bank (Bank) director election process. It is necessary to enable the Federal Housing Finance Agency and the Banks to determine whether prospective and incumbent Bank directors satisfy statutory and regulatory eligibility and reporting requirements and to run the director election process.

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Authorizing Statute(s): US Code: 12 USC 1427 Name of Law: Federal Home Loan Bank Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	86 FR 12448	03/03/2021
30-day Notice:	Federal Register Citation:	Citation Date:
	86 FR 27604	05/21/2021
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 3

IC Title	Form No.	Form Name
Federal Home Loan Bank Independent Directors: Incumbent Individuals	Independent Director Form 2	Federal Home Loan Bank Independent Director Annual Certification Form
Federal Home Loan Bank Independent Directors: Prospective Individuals	Independent Director Form 1	Federal Home Loan Bank Independent Director Application Form
Federal Home Loan Bank Member Director Eligibility Certification: Prospective and Incumbent Individuals	Member Director Form 1	Federal Home Loan Bank Member Director Eligibility Certification Form

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ICR Summary of Burden

	Total Request	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	241	0	0	0	2	239
Annual Time Burden (Hours)	119	0	0	0	-26	145
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $6,311

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 05/21/2021

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