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FR 2086a
Application for the Cancellation of Federal Reserve Bank Stock-- Member Bank Converting into or Merging with a Member or Nonmember Bank
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Description: The FR 2086a is an application for the cancellation of Federal Reserve Bank stock. FR 2086a requires a resolution by the applying bank's stockholders or board of directors.
OMB: 7100-0042
Purpose: The application, which is required by the Federal Reserve Act and Regulation I, is submitted to the Federal Reserve Bank by member banks converting into or merging with a member or nonmember bank.
Background: Any member bank wanting to cancel its holdings of Federal Reserve Bank stock must file the appropriate application with its Federal Reserve Bank.
Respondent Panel: Member banks of the Federal Reserve System (including national banks).
Frequency: Event generated.
Public Release: The information is not published but is not considered confidential.
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