FR1378_20231030_omb_B

Supporting Statement Part B for the
Surveys of Consumer and Community Affairs Publications and Resources
(FR 1378; OMB No. 7100-0358)
Summary
For all information collections that involve surveys or require a statistical methodology,
the Board of Governors of the Federal Reserve System (Board) is required to provide a complete
justification and explanation of the use of such a methodology. For collections that employ
surveys without such a methodology, the Board should be prepared to justify its decision not to
use statistical methods in any case where such methods might reduce burden or improve
accuracy of results.
Background
The Board conducts consumer-focused research, implements statutory requirements, and
facilitates community development. These activities promote a fair and transparent consumer
financial services market, including for traditionally underserved households and neighborhoods.
As a part of the Board’s work, the Board shares information on emerging community
development, consumer finance, and consumer compliance issues and trends. The Board also
provides information on community development and stabilization practices from across the
nation and on tools available to practitioners and policymakers to aid local efforts. The Board
reports on findings from (1) outreach, conferences, monitoring efforts, and qualitative and
quantitative data collections, (2) the review of research conducted by outside individuals and
organizations, and (3) applied research using a variety of data sources and methods. The Board
relays this information through the Board’s public website, conferences, printed publications,
and other media—such as podcasts, video, and data visualizations. The Board uses information
obtained through the FR 1378 to gather feedback and follow-up information regarding these
activities.
Universe and Respondent Selection
The surveys in this collection are used to gather qualitative and quantitative information
directly from users or potential users of Board publications, resources, and conference materials,
such as consumers (consumer surveys) and stakeholders (stakeholder surveys). Stakeholders may
include, but are not limited to, nonprofits, community development organizations, consumer
groups, conference attendees, financial institutions and other financial companies offering
consumer financial products and services, other for-profit companies, state or local agencies, and
researchers from academic, government, policy, and other institutions.
Procedures for Collecting Information
The surveys in this collection are used to gather information from users or potential users
of Board publications, resources, and conference material.

Publications and resources may include reports, brochures, as well as audio and visual
content, whether delivered in print, online, or through other means. Information gathered under
the FR 1378 related to such publications and resources may include general input on users’
interests and needs; the relevance of the content; feedback on website navigation and layout,
distribution channels, or other factors that may affect the ability of users to locate and access
content online; feedback on the length and nature of the discussion; or the timing and means of
delivery of publications.
Conferences may include events where attendees gather to learn or discuss topics related
to the work of the Board, such as community development, consumer finance, and consumer
compliance issues and trends. Conference materials may include the information that is
generated by and distributed to attendees and users during or after the event. Information
gathered under the FR 1378 relating to conference materials may include general input on
attendees’ and users’ interests and needs; reactions to the topics and narrative presented; and
feedback on event or materials produced from the event such as conference proceedings,
websites, and other online or printed material.
Qualitative surveys may be conducted using data gathering methods such as focus groups
and individual interviews. Quantitative surveys may be conducted online or via mobile device,
by phone, by mail, by other electronic device, or a combination of these methods.
For both quantitative and qualitative surveys, the Board may partner with a Federal
Reserve Bank to develop the survey instrument, plan data collection methods, and/or report
findings. The Board may partner with a Federal Reserve Bank when, for example, information is
specific to regions in which a Federal Reserve Bank may have expertise that would complement
the research of the Board, when conferences are jointly hosted by the Board and a Federal
Reserve Bank, or when resources targeted at consumers and/or stakeholders are region specific.
Additionally, the Board may choose to contract with an outside vendor, selected through a
competitive bid, to conduct focus groups, interviews, or surveys, or may choose to collect the
data directly. The Board may also work with outside parties when appropriate to identify
potential respondents (e.g., networks of community groups or researchers) and to collect data.
Methods to Maximize Response
The samples associated with this collection are not subjected to the same scrutiny as
scientifically drawn samples in which estimates are published or otherwise released to the public.
Information collected under this clearance will not yield generalizable quantitative findings; it
can provide useful customer input, but it does not yield data about customer opinions that can be
generalized.
Testing of Procedures
Pretesting may be done with internal staff, a limited number of external colleagues,
and/or customers who are familiar with the programs and products. If the number of pretest
respondents exceeds nine members of the public, the Board will submit the pretest instruments
for review under this clearance.

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