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.
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.
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.