FDIC Quietly Renews Routine Bank Paperwork Collection Unchanged
Published Date: 3/26/2026
Notice
Summary
The FDIC wants to renew a paperwork collection that affects state banks, savings groups, and related folks. They’re asking for your thoughts by April 27, 2026, but so far, no one has spoken up. This renewal keeps things running smoothly without adding new costs or big changes.
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
CRA Sunshine Renewal Keeps Mandatory Paperwork
The FDIC is renewing the CRA Sunshine information collection (OMB No. 3064-0139). Insured state nonmember banks, state savings associations, their affiliates, and nongovernmental entities and persons must continue to meet mandatory reporting, disclosure, and recordkeeping requirements for some community-reinvestment-related agreements (see 12 CFR part 346). The renewal says there is no change in the method or substance of the collection.
Estimated Annual Paperwork Burden: 23 Hours
The FDIC estimates the total annual burden for this collection at 23 hours. The notice lists nine reporting/disclosure items (IC1–IC9) with per-response times; for example, the annual report items (IC4 and IC5) are each estimated at 8 hours annually.
Public Transparency About CRA Agreements
The FDIC says the collected information helps interested members of the public assess whether parties are fulfilling community reinvestment agreements and helps agencies understand how institutions are meeting their CRA responsibilities. The collection is intended to make agreement fulfilment more visible to the public.
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