FR 2086a

Application for Cancellation of Federal Reserve Bank Stock (for use by member banks converting into or merging into member or nonmember banks)

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.

Last Update: February 16, 2022