The FR 2320 collects select balance
sheet and income statement financial data on a parent only and
consolidated basis and organizational structure data from savings
and loan holding companies (SLHCs) that are currently exempt from
filing other Federal Reserve regulatory reports (exempt SLHCs). The
FR 2320 is used by the Board to analyze the overall financial
condition of exempt SLHCs to ensure safe and sound operations.
These data assist the Board in the supervision of a diversified
holding company and in determining whether an institution is in
compliance with applicable laws and regulations.
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.