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.
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.
Any member bank wanting to cancel its holdings of Federal Reserve Bank stock must file the appropriate application with its Federal Reserve Bank.
Member banks of the Federal Reserve System (including national banks).
The information is not published but is not considered confidential.