FDIC Renews Bank Data Requests: Comments Welcome on Capital Surveys
Published Date: 3/5/2026
Notice
Summary
The FDIC wants to renew two important info collections that help insured banks and savings associations manage their capital. They’re asking for your thoughts by April 6, 2026, but no one has commented yet. This renewal keeps things running smoothly without adding new costs or big changes.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Lower Paperwork Burden for Banks
If you are an insured state nonmember bank or a state savings association, the FDIC estimates the annual paperwork burden for the "Application to Retire or Reduce Capital" fell from 1,111 hours in 2023 to 737 hours now, a decrease of 374 hours. The agency says there is no change in the method or substance of the collection, and it is seeking comments by April 6, 2026.
More Reporting for FDIC Legal Contractors
If you provide legal, expert, or legal support services to the FDIC, the agency estimates the total annual paperwork burden for 18 related forms rose from 64 hours in 2023 to 273 hours now, an increase of 209 hours. The FDIC also says it is revising select form language to comply with a recent Executive Order but is not changing the overall purpose of the collection, and it is accepting comments through April 6, 2026.
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