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Federal forms, ICRs, and supporting documents

Information Collection Request

Reporting, Recordkeeping, and Disclosure Requirements Associated with Regulation BB

ICR 202010-7100-004 · OMB 7100-0197 · Active

Forms and Documents
DocumentTypeStatusAvailability
FR BB 83c.pdf Justification for No Material/Nonsubstantive Change Uploaded 2021-03-17 Available
IC Document Collections
IC IDCollectionTypeStatusForm
36205 Reporting Sections 228.41 and 228.42(g) Assessment area delineation Modified
185664 Disclosure Sections 228.43 and 228.44 Public file Modified
185663 Optional Recordkeeping Section 228.42(c) Other loan data Modified
185662 Optional Recordkeeping Section 228.42(c) Consumer loan data Modified
185654 Recordkeeping Section 228.42(a) Small business and small farm loan register Modified
185653 Optional Reporting Section 228.42(e) Data on lending by a consortium or third party Modified
185584 Optional Reporting Section 228.42(d) Affiliate lending data Modified
185583 Optional Reporting Section 228.27 Request for strategic plan approval Unchanged
185582 Optional Reporting Section 228.25(b) Request for designation as a wholesale or limited purpose bank Unchanged
185581 Reporting Section 228.42(b) Loan data HMDA out of MSA Modified
185580 Reporting Section 228.42(b) Loan data Community development Unchanged
185579 Reporting Section 228.42(b) Loan data Small business and small farm Modified
ICR Details
7100-0197 202010-7100-004
Active 201804-7100-006
FRS FR BB
Reporting, Recordkeeping, and Disclosure Requirements Associated with Regulation BB
No material or nonsubstantive change to a currently approved collection   No
Delegated
Approved without change 03/23/2021
Retrieve Notice of Action (NOA) 03/23/2021
  Inventory as of this Action Requested Previously Approved
04/30/2021 04/30/2021 04/30/2021
1,404 0 1,346
75,116 0 61,727
0 0 0
The Community Reinvestment Act (CRA) was enacted in 1977 and is implemented by Regulation BB - Community Reinvestment (12 CFR 228). The CRA directs the Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency (collectively, the agencies) to evaluate financial institutions’ (banks and savings associations) records of helping to meet the credit needs of their entire communities, including low- and moderate-income areas, consistent with the safe and sound operation of the institutions. The CRA is implemented through regulations issued by the agencies. The Board’s regulation applies to state member banks (SMBs).
US Code: 12 USC 248(a)(1) Name of Law: Federal Reserve Act
   US Code: 12 USC 325 Name of Law: Federal Reserve Act
   US Code: 12 USC 2905 Name of Law: Community Reinvestment Act
  
US Code: 12 USC 2901 et seq. Name of Law: Community Reinvestment Act
7100-AE84 Final or interim final rulemaking 82 FR 55734 11/24/2017
  82 FR 43910 09/20/2017
82 FR 55734 11/24/2017
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 1,404 1,346 0 0 58 0
Annual Time Burden (Hours) 75,116 61,727 0 0 13,389 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
Increase in burden hours reflects update to the FR BB respondent counts.
$1,036,235
No
    No
    No
No
No
No
No
Jennifer Williams 202 452-2446 [email protected]
  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.
03/23/2021