Members of the Banks

ICR 202309-2590-002

OMB: 2590-0003

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2023-09-25
Supplementary Document
2023-09-25
IC Document Collections
ICR Details
2590-0003 202309-2590-002
Received in OIRA 202003-2590-005
FHFA 2023-N-12
Members of the Banks
Revision of a currently approved collection   No
Regular 09/25/2023
  Requested Previously Approved
36 Months From Approved 09/30/2023
151 155
2,181 2,188
0 0

The information collection is necessary to enable the Federal Home Loan Banks (Banks) and, where appropriate, the Federal Housing Finance Agency (FHFA) to determine if a respondent satisfies the statutory and regulatory requirements to be certified initially and maintain its status as a member eligible to obtain Bank advances. Respondents include financial institutions that are or are eligible to become Bank members.

US Code: 12 USC 1424 Name of Law: Federal Home Loan Bank Act, as amended
  
None

Not associated with rulemaking

  88 FR 35051 06/12/2023
88 FR 65681 09/25/2023
No

  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 151 155 0 -4 0 0
Annual Time Burden (Hours) 2,181 2,188 0 -7 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
Yes
Miscellaneous Actions
FHFA has slightly decreased the estimated total annual burden hours to 2,181 from the 2,188 that were shown in the Supporting Statement submitted in connection with the 2020 renewal of this information collection, due primarily to somewhat lower projections for the average number of membership applications to be received by the Banks over the next three years. The burden increased in the number of hours because more staff time is needed to review and respond to an appeal.

$17,625
No
    No
    No
No
No
No
No
Angella Supervielle 202 649-3973 angella.supervielle@fhfa.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.
09/25/2023


© 2024 OMB.report | Privacy Policy