Working Groups to Increase Large Bank Participation in 2022 Small Business Lending Survey

OMB Control No. 3064-0198

Expiration Date: March 31 2021

Topics for Presentation and Discussions

at the FDIC Working Group to Increase the Participation of Large Banks

in the 2022 Small Business Lending Survey

PRA Burden Statement

An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid Office of Management and Budget (OMB) control number. The FDIC Working Group to Increase the Participation of Large Banks in the 2022 Small Business Lending Survey constitutes a collection of information under the Paperwork Reduction Act which has been cleared by OMB under Control Number 3064-0198 (expiration date March 31, 2021). Public reporting burden for this information collection is estimated to be 1 hour per response. You can send comments regarding this burden estimate or any other aspect of this information collection, including suggestions for reducing the burden, to the Paperwork Reduction Act Clearance Officer, Legal Division, Federal Deposit Insurance Corporation, 550 17^th Street NW, Washington, DC 20429; and to the Office of Management and Budget, Paperwork Reduction Project (Re: Control Number 3064-0198), Washington DC 20503.

The FDIC is interested creating a working group with the assistance of the American Bankers Association. The intention of the working group is to conduct meetings with volunteers from seven American Bankers Association member groups. At these meetings FDIC staff will briefly present findings from the FDIC Staff Studies “Measurement of Small Business Lending Using Call Reports: Further Insights From the Small Business Lending Survey” (Report No. 2020-04), which used data from the Small Business Lending Survey (SBLS) 2016 collection. The findings that were generated for small U.S. banks (those with less $10 billion or less in assets) will highlight the need for this working group’s assistance, since conclusions were not also able to be made for large U.S. banks, given their drop-off in the answering of quantitative questions in the SBLS 2016 collection.

Following a brief presentation we will have an open discussion of these two topics:

1. How the FDIC might increase the participation of large U.S. banks in our upcoming 2022 collection of the nationally representative Small Business Lending Survey (SBLS 2022).

2. How the FDIC might increase response rates for individual quantitative questions, if a large bank chooses to respond to the survey in the SBLS 2022 collection.