WebPursuant to section 7 of the Bank Service Company Act ( 12 U.S.C. 1867 ), as amended, FDIC-supervised institutions must notify the agency about the existence of a service … WebJan 12, 2024 · Finally, the BSCA requires a banking organization to notify the appropriate Federal banking agency of the existence of service relationships within 30 days after the making of such service contracts or the performance of the Start Printed Page 2302 service, whichever occurs first. [ 12]
SUPPORTING STATEMENT Notification of Performance of …
WebAug 12, 2005 · Form: Notification of Performance of Bank Services FDIC Form 6120/06. Frequency of Response: On occasion. Affected Public: Business or other financial institutions. Estimated Number of Respondents: 412. Estimated Time per Response: .5 hours. Total Annual Burden: 206 hours. WebInsured state nonmember banks are required to notify the FDIC, under section 7 of the Bank Service Company Act (12 U.S.C. 1867), of the relationship with a bank service company. The Form FDIC 6120/06, NOTIFICATION OF PERFORMANCE OF BANK SERVICES, may be used by banks to satisfy the notification requirement. flux physics
Agency Information Collection Activities: Comment Request; (1) …
WebMar 22, 2024 · Insured state nonmember banks are required to notify the FDIC, under section 7 of the Bank Service Company Act (12 U.S.C. 1867), of the relationship with a bank service company. The Form FDIC 6120/06, Notification of Performance of Bank Services, may be used by banks to satisfy the notification requirement. There is no change in the Web(d) Notification of Performance of Bank Services, Form FDIC 6120/06. Pur-suant to Section 7 of the Bank Service Company Act (12 U.S.C. 1867), as amended, FDIC supervised banks must notify the agency about the existence of a service relationship within thirty days after the making of the contract or the performance of the service, WebMar 22, 2024 · The Form FDIC 6120/06, Notification of Performance of Bank Services, may be used by banks to satisfy the notification requirement. There is no change in the method or substance of the collection. The estimated number of respondents, as well as the time per response and the frequency of response have remained the same. 2. green hill funeral home owasso okla