Search Results for citation:"90 FR 9160"

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Search Results: citation:"90 FR 9160"

  • Type:Notice
    Citation:90 FR 9160
    Reading Time:about 2 minutes

    The Board of Governors of the Federal Reserve System has decided to extend the Domestic Branch Application (FR 4001) for another three years. This means that state member banks must continue to seek approval from the Federal Reserve before opening new branches, and they must notify the Federal Reserve by letter without using a specific form. The Board published a request for public comments on this extension and did not receive any feedback. The extension is happening without any changes to the current process.

    Simple Explanation

    The Federal Reserve is going to keep using the same form for banks to tell them when they want to open new branches for three more years, and no one said anything when they asked if this was okay.

  • Type:Notice
    Citation:90 FR 9160
    Reading Time:about 2 minutes

    The Board of Governors of the Federal Reserve System has decided to extend the Policy Impact Survey for three more years without any changes. This survey collects information from financial institutions to analyze the impact of policy changes. Despite asking the public for comments on this extension, no feedback was received. The survey helps in studies conducted by international financial stability groups.

    Simple Explanation

    The Federal Reserve System decided to keep asking banks some questions for three more years to see how rules are working, even though nobody told them what they thought about this in a recent survey.