Q: What is an interagency biographical and financial report?
A: An interagency biographical and financial report, commonly referred to as IBFR or report form FR2081c, is used by individuals to provide supporting biographical, financial, and employment data. An IBFRs is not a stand-alone document and is filed in conjunction with other required form(s) specific to your filing/application type.

Q: What is the purpose of this form?
A: The information from this report is used to evaluate a depository institution's controlling shareholders ownership and senior officers and directors.

Q: When are IBFRs required, and which filings require IBFRs?
A: All applications, except branches and expedited bank holding company formations, may require IBFRs. Please consult with your Reserve Bank for guidance on certain exceptions, if any.

Q: Where can I find/download a copy of the IBFR/FR 2081c?
A: The IFBR, or form FR 2081C, can be obtained here.

Q: When should the IBFR be filed?
A: The form—along with any other required form(s) specific to your filing/application—should be filed and submitted prior to, or at the time of, the submission of an application.

Q: What are some of the most common mistakes seen on IBFRs and any IBFR tips?
A: When completing the IBFRs, ensure that:

  • the information is legible;
  • all items/questions on the form include a response;
  • the individual's email address and phone number are included;
  • the financial information is current (not older than 90 days), does not contain mathematical errors, and includes any required supporting documentation/statements;
  • additional documentation/explanations/responses are included, as needed; and
  • appropriate signatures are provided, including spouse.

Q: When do IBFRs require an individual's name and fingerprints check?
A: All applications, except branches and expedited bank holding company formations, may require them. Please consult with your Reserve Bank for guidance on certain exceptions, if any. Refer to SR 20-20:Updated Fingerprinting Process Related to Applications Reviewed by the Federal Reserve and SR 15-8: Name Check Process for Domestic and International Applications for details on the fingerprint and name check process, respectively.

Q: Can I request that the information disclosed in the IBFR be kept confidential?
A: Generally, IBFRs receive confidential treatment. Nonetheless, any individual desiring confidential treatment of specific portions of the report must submit a request in writing with the report. Refer to the IBFR instructions for additional details.

Q: Who can I contact for information and/or questions?
A: Contact Sabrina Francis, director of applications (404-498-7368).