[Federal Register Volume 59, Number 230 (Thursday, December 1, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-29614]


[[Page Unknown]]

[Federal Register: December 1, 1994]


=======================================================================
-----------------------------------------------------------------------

NATIONAL CREDIT UNION ADMINISTRATION

 

Public Information Collection Requirement Submitted to OMB for 
Review

November 22, 1994.
    The National Credit Union Administration (NCUA) submitted the 
following public information collection requirement to OMB for review 
and clearance under the Paperwork Reduction Act of 1980, Public Law 96-
511. Copies of the submission may be obtained by calling the NCUA 
Clearance Officer listed. Comments regarding information collections 
should be addressed to the OMB reviewer listed and to the NCUA 
Clearance Officer, NCUA, Office of Administration, Room 5107, 1775 Duke 
Street, Alexandria, VA 22314-3428.

National Credit Union Administration

OMB Number: New Collection.
Form Number: NCUA 1343.
Type of Review: Clearance of new collection.
Title: ACH Program Data Form.
Description: NCUA annually collects from federally chartered credit 
unions and federally-insured state chartered credit unions a 
capitalization deposit adjustment which maintains the National Credit 
Union Share Insurance Fund. An operating fee, under which the agency 
functions, is also collected from federally-chartered credit unions. 
The collection of ACH information will help provide for credit union 
remittance of deposits and operation fees via electronic funds transfer 
(EFT). Federal policy on EFT is made clear in the Code of Federal 
Regulation. 31 CFR 206.4(a)(4) states: ``EFT will be adopted as the 
standard method of payment for all Federal program payments originated 
by agencies or their agents.''
Respondents: All credit unions.
Estimated Number of Respondents: 12,000.
Estimated Burden Hours per Response: .75 Hours.
Frequency of Response: One time collection.
Estimated Total Reporting Burden: 9,000 hours.
Clearance Officer: Wilmer A. Theard (703) 518-6410, National Credit 
Union Administration, Room 5107, 1775 Duke Street, Alexandria, VA 
22314-3428.
OMB Reviewer: Milo Sunderhauf (202) 395-5167, Office of Management and 
Budget, Room 3208, New Executive Office Building, Washington, DC 20503.
Becky Baker,
Secretary to the NCUA Board.
[FR Doc. 94-29614 Filed 11-30-94; 8:45 am]
BILLING CODE 7535-01-M