Treasury Extends Minority Bank Certification Paperwork
Published Date: 5/19/2026
Notice
Summary
The Treasury Department is extending the use of a form that helps minority-owned banks join a special program offering extra support from the government and partners. About 72 banks fill out this form, which takes around 45 minutes each. They’re asking for public comments by July 20, 2026, to keep things clear and easy without adding extra hassle or costs.
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Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Minority Bank Certification Form Continues
Minority-owned banks that want to join the Minority Bank Deposit Program must continue to use FS Form 3144 (OMB No. 1530-0001) to apply. About 72 institutions currently complete the form, which takes an estimated 45 minutes per respondent and totals about 54 annual burden hours. Institutions approved for the program are entitled to special assistance and guidance from Federal agencies, State and local governments, and private sector organizations; the Treasury is seeking public comments by July 20, 2026.
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Key Dates
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