Board of Governors of the Federal Reserve System

FR 3033p/s
Census of Finance Companies and Other Lenders/Survey of Finance Companies

Form:

Current (598.7 KB .PDF)

Instructions:

Included with forms

Description:

This report is a two-stage survey of finance companies. The first stage is the Census of Finance Companies and Other Lenders (FR 3033p) that is sent to all known domestic companies that are likely to supply credit or lease financing to households and businesses. It asks for information about each company's total assets, areas of specialization, and other characteristics. From the questionnaire respondents, the Federal Reserve draws a stratified random sample of finance companies for the second stage, the Survey of Finance Companies (FR 3033s). The survey requests detailed information from both sides of the respondents' balance sheets. The Board initiates data collection and analysis, and staff at the Federal Reserve Banks follow up on data quality issues, collect data from nonrespondents, and resolve other outstanding questions.

OMB Control Number:

7100-0277

Purpose:

The data are used to benchmark the consumer and business finance series collected on the Domestic Finance Company Report of Consolidated Assets and Liabilities (FR 2248). Finance companies are a major supplier of credit to households and businesses. The data obtained from the quinquennial survey (FR 3033p/s) have been instrumental in identifying the universe of finance companies and particular data items with relatively large estimation errors and for supplementing the monthly FR 2248 respondent panel.

Background:

The quinquennial survey of finance companies was initiated in 1955 and has been revised every five years to reflect changes in the credit markets. The 1990 update included the addition of a number of supplemental items on asset-backed securities. In 2005, the scope of the survey was broadened to include mortgage companies - that is, companies in which the majority of assets are liens on real estate. In 2015, companies were asked on FR 3033p to provide more detailed information on the types of credit or financing that they offer. Since 2015, questions regarding the income statements of finance companies have been included on the FR 3033s.

Respondent Panel:

In the most recent survey collection, the FR 3033p was mailed to approximately 26,000 companies and the FR 3033s was mailed to about 2,100 finance companies.

Frequency:

Every five years.

Public Release:

Microdata are confidential.

Historical