[Federal Register Volume 60, Number 115 (Thursday, June 15, 1995)]
[Notices]
[Pages 31520-31521]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-14620]



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[[Page 31521]]

NATIONAL CREDIT UNION ADMINISTRATION


Public Information Collection Requirements Submitted to OMB for 
Review

Dated: June 2, 1995.
    The National Credit Union Administration submitted the following 
public information collection requirements to OMB for review and 
clearance under the Paperwork Reduction Act of 1980, Pub. L. 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 4009, 1775 Duke Street, 
Alexandria, VA 22314-3428.

National Credit Union Administration

    OMB Number: 3133-0061.
    Form Number: CLF 8703.
    Type of Review: Reinstatement, with change, of a previously 
approved collection for which approval has expired.
    Title: Central Liquidity Repayment Agreement--Regular Member.
    Description: The form is a contract which is necessary to document 
loans made by or on behalf of the CLF and establishes an enforceable 
legal right to repayment of such loans, create a security interest in 
specified assets in case of non-payment, and establishes reporting 
requirements. Financial condition of the credit union can be monitored 
via the reporting requirement.
    Respondents: Credit unions with a loan from CLF.
    Estimated Number of Respondents: 25.
    Estimated Burden Hours per Response: 1 hour.
    Frequency of Response: Once per year.
    Estimated Total Reporting Burden: 25 hours.

    OMB Number: 3133-0064.
    Form Number: NCUA 7000, 7001, 7002, 7003, and 7004.
    Type of Review: Reinstatement, with change, of a previously 
approved collection for which approval has expired.
    Title: Forms and Instructions for CLF Loans.
    Description: The information provided in the request for funds, 
statement of cash receipts and disbursements, cash flow projections and 
the seasonal flow computations will be used to assist in an analysis of 
the credit union's request for credit and in determining the 
applicant's ability to repay the advance requested.
    Respondents: Credit unions that request a loan from the CLF.
    Estimated Number of Respondents: 25.
    Estimated Burden Hours per Response: 1 hour.
    Frequency of Response: Once per application.
    Estimated Total Reporting Burden: 25 hours.

    OMB Number: 3133-0063.
    Form Number: CLF 8702.
    Type of Review: Reinstatement, with change, of a previously 
approved collection for which approval has expired.
    Title: Central Liquidity Facility Membership Application.
    Description: In order to gain access to CLF loans, credit unions 
must join the CLF. This collection provides for membership application. 
The information requested is necessary to establish a creditor-debtor 
relationship between the CLF and the credit union.
    Respondents: Credit unions that apply for loans from the CLF and 
credit unions with loans from the CLF.
    Estimated Number of Respondents: 25.
    Estimated Burden Hours per Response: .50 hours.
    Frequency of Response: One time.
    Estimated Total Reporting Burden: 18.5.

    OMB Number: New Collection.
    Form Number: CLF 8704.
    Type of Review: New collection.
    Title: Central Liquidity Facility Repayment Agreement--Agent 
Member.
    Description: The loan agreement requires the borrowing credit union 
to submit to the CLF a copy of its month-end financial report each 
month while the loan is outstanding.
    Respondents: Credit unions with a loan from the CLF.
    Estimated Number of Respondents: 15.
    Estimated Burden Hours per Response: 6 hours.
    Frequency of Response: Monthly.
    Estimated Total Reporting Burden: 90 hours.

    OMB Number: 3133-0067.
    Form Number: NCUA 5310.
    Type of Review: Extension of currently approved collection.
    Title: Corporate Credit Union Monthly Report.
    Description: Section 202(a)(1) of the Federal Credit Union Act 
requires federally insured credit unions to make reports of condition 
to the NCUA Board upon dates selected by it. Each corporate credit 
union completes a monthly financial statement. The information is 
electronically transmitted to a central corporate credit union. The 
information is collected on a disk and forwarded to NCUA. The 
information is collected and used by NCUA to monitor financial and 
statistical trends in corporate credit unions and to allocate 
examination and supervision resources.
    Respondents: Federally insured corporate credit unions.
    Estimated Number of Respondents: 44.
    Estimated Burden Hours per Response: 1.
    Frequency of Response: Monthly.
    Estimated Total Reporting Burden: 528.

    OMB Number: 3133-0116.
    Form Number: NCUA 4221, 4401, 4506, 4506 and 9600.
    Type of Review: Extension of currently approved collection.
    Title: 12 U.S.C. 1771--Conversion From Federal to State Credit 
Union and From State to Federal Credit Union.
    Description: The information collection makes up the application 
for a credit union's conversion from federal to state charter and from 
state to federal charter. In addition the package contains an 
application for approval of federal insurance of member accounts in 
credit unions.
    Respondents: Credit unions.
    Estimated Number of Respondents: 50.
    Estimated Burden Hours per Response: 2 hours.
    Frequency of Response: Once.
    Estimated Total Reporting Burden: 200.

    Clearance Officer: Wilmer A. Theard (703) 518-6410, National Credit 
Union Administration, Room 4009, 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, D.C. 
20503.
Becky Baker,
Secretary of the NCUA Board.
[FR Doc. 95-14620 Filed 6-14-95; 8:45 am]
BILLING CODE 7535-01-M