FS Form 3144 Certification Form for Admission - Minority Bank Deposit Program

What Is FS Form 3144?

This is a legal form that was released by the U.S. Department of the Treasury - Bureau of the Fiscal Service on April 1, 2016 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is FS Form 3144?A: FS Form 3144 is a certification form for admission into the Minority Bank Deposit Program.

Q: What is the Minority Bank Deposit Program?A: The Minority Bank Deposit Program is a program aimed at increasing the participation of minority-owned and -controlled banks in the deposit programs of federal agencies.

Q: Who is eligible to use FS Form 3144?A: Minority-owned and -controlled banks are eligible to use FS Form 3144 to certify their eligibility for the Minority Bank Deposit Program.

Q: What is the purpose of FS Form 3144?A: The purpose of FS Form 3144 is for minority banks to provide certification of their eligibility and participation in the program.

Q: Is there a fee to submit FS Form 3144?A: No, there is no fee to submit FS Form 3144.

Q: Can non-minority banks participate in the Minority Bank Deposit Program?A: No, only minority-owned and -controlled banks are eligible to participate in the Minority Bank Deposit Program.

Q: What are the benefits of participating in the Minority Bank Deposit Program?A: Participating banks may receive deposits from federal agencies and benefit from the program's goal of increasing diversity in banking.

Q: Can a bank participate in the Minority Bank Deposit Program without submitting FS Form 3144?A: No, FS Form 3144 is required for certification of eligibility and participation in the Minority Bank Deposit Program.

Q: Is FS Form 3144 only applicable to banks in the United States?A: Yes, FS Form 3144 is specific to banks in the United States and their participation in the Minority Bank Deposit Program.