Privacy Act of 1974; System of Records

In accordance with the Privacy Act of 1974, as amended, the Federal Deposit Insurance Corporation (FDIC) is modifying an existing system of records titled FDIC-004, "Changes in Financial Institution Control Ownership Records." The information in this system of records is used in support of the FDIC's regulatory and supervisory functions. This modified system of records notice combines FDIC-004 with FDIC-008, "Chain Banking Organizations Identification Records" and rescinds FDIC-008. The FDIC is updating this system of records to retitle it as "Financial Institution Ownership Records," to modify several sections of this notice, and to seek public comment on four proposed routine uses. Additionally, this notice includes non-substantive changes to simplify the formatting and text of the previously published notice and improve consistency across system of records notices.