Bank Holding Company Applications and Notifications

ICR 202106-7100-005

OMB: 7100-0121

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Form
Modified
Form
Modified
Form
Modified
Form
Modified
Form
Modified
Justification for No Material/Nonsubstantive Change
2021-06-24
IC Document Collections
IC ID
Document
Title
Status
36129 Modified
248034
New
248033
New
248032
New
183250 Modified
183249 Modified
183236 Modified
183235 Modified
183234 Modified
ICR Details
7100-0121 202106-7100-005
Active 201807-7100-012
FRS FR Y-3; FR Y-3N; FR Y-4
Bank Holding Company Applications and Notifications
No material or nonsubstantive change to a currently approved collection   No
Delegated
Approved without change 06/24/2021
Retrieve Notice of Action (NOA) 06/24/2021
  Inventory as of this Action Requested Previously Approved
07/31/2021 07/31/2021 07/31/2021
355 0 285
7,519 0 12,824
0 0 0

This information collection is comprised of the following reporting forms: Application to Become a Bank Holding Company and/or Acquire an Additional Bank or Bank Holding Company (FR Y-3), Notification to Become a Bank Holding Company and/or Acquire an Additional Bank or Bank Holding Company (FR Y-3N), and Notification by a Bank Holding Company to Acquire a Nonbank Company and/or Engage in Nonbanking Activities (FR Y-4). These filings collect information on proposals by Bank Holding Companies (BHCs) involving formations, acquisitions, mergers, and nonbanking activities. The Board requires the submission of these filings for regulatory and supervisory purposes and to allow the Board to fulfill its statutory obligations under the Bank Holding Company Act of 1956 (the BHC Act). The Board uses this information to evaluate each individual transaction with respect to financial and managerial factors, permissibility, competitive effects, financial stability, net public benefits, and the impact on the convenience and needs of affected communities.

US Code: 12 USC 1844(b) Name of Law: Bank Holding Company Act
   US Code: 12 USC 1843(j) Name of Law: Bank Holding Company Act
   US Code: 12 USC 1842(a) Name of Law: Bank Holding Company Act
  
None

Not associated with rulemaking

  83 FR 12758 03/23/2018
83 FR 34580 07/20/2018
No

  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 355 285 0 0 70 0
Annual Time Burden (Hours) 7,519 12,824 0 0 -5,305 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The decrease in burden hours reflects an update to the respondent count. In addition, the Board has created three additional ICs to account for disclosure burden. Previously, the disclosure burden was accounted for in the reporting ICs. This change results in an increase in the number of responses, but is only an accounting method change and represents no change in the burden.

$0
No
    Yes
    No
No
No
No
No
Scott Farmer 202-452-2253 Scott.W.Farmer@frb.gov

  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.
06/24/2021


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