Customer Identification Programs for Banks, Savings Associations, Credit Unions, and Certain Non-federally Regulated Banks

ICR 201509-1506-004 · OMB 1506-0026 · Historical Active

⚠️ Notice: This information collection may be outdated. More recent filings for OMB 1506-0026 can be found here:

Forms and Documents

Document	Type	Status	Availability
CIP0026Supporting StatementFinal2015.doc	Supporting Statement A	Uploaded 2015-09-14	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
15332	Customer identification programs for banks, savings associations, credit unions, and certain non-federally regulated banks.		Modified

ICR Details

OMB Control No: 1506-0026	ICR Reference No: 201509-1506-004
Status: Historical Active	Previous ICR Reference No: 201205-1506-003
Agency/Subagency: TREAS/FINCEN	Agency Tracking No:
Title: Customer Identification Programs for Banks, Savings Associations, Credit Unions, and Certain Non-federally Regulated Banks
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 11/16/2015
Retrieve Notice of Action (NOA)	Date Received in OIRA: 09/30/2015
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2018	36 Months From Approved	11/30/2015
Responses	14,580	0	22,060
Time Burden (Hours)	160,380	0	242,660
Cost Burden (Dollars)	0	0	0

Abstract: Banks, savings associations, credit unions, and certain non- federally regulated banks are required to develop and maintain customer identification programs. See 31 CFR 1020.100

Authorizing Statute(s): US Code: 31 USC 5318 Name of Law: Money and Finance

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 42607	07/17/2015
30-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 58532	09/29/2015
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Customer identification programs for banks, savings associations, credit unions, and certain non-federally regulated banks.

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	14,580	22,060	-7,480
Annual Time Burden (Hours)	160,380	242,660	-82,280
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The decrease of 82,280 burden hours is an adjustment due to the decrease in the number of affected financial institutions.

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Russell Stephenson 202 354-6012

Common Form ICR: No