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FR 2087
Applications for the Cancellation of Federal Reserve Bank Stock-- Insolvent Member Banks
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Description: The FR 2087 is an application for the cancellation of Federal Reserve Bank stock. The FR 2087 is submitted by the appointed receiver of an insolvent member bank.
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 insolvent member banks.
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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