Use legal size paper in landscape mode to print these forms from the Acrobat Reader. Each officer or shareholder must file information on the maximum amount of his or her indebtedness to each correspondent bank as well as separate information on the indebtedness of each of the related interests of the officer or shareholder to each correspondent bank. State member banks must furnish a list of their correspondent banks to their executive officers and principal shareholders, keep records of the information submitted by the officers and shareholders, and provide to the public upon request a list of names of officers and shareholders to whom a correspondent bank of the member bank had an extension of credit in excess of the specified minimum level. The Federal Reserve uses the information to ascertain whether any executive officer or principal shareholder may be receiving preferential treatment by a correspondent bank. The Federal Reserve panel consists of state member banks and their principal shareholders and executive officers.
Participation is required.
The financial data are confidential. However, names of officers and shareholders with loans above a certain amount must be disclosed by the member bank upon written request. Use legal size paper in landscape mode to print these forms from the Acrobat Reader. Please visit our PDF help page for more information.