[Federal Register Volume 63, Number 77 (Wednesday, April 22, 1998)]
[Notices]
[Page 19961]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-10599]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Submission to OMB for 
Review; Comment Request

AGENCY: National Credit Union Administration (NCUA).

ACTION: Request for comment.

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SUMMARY: The NCUA will be submitting the following currently approved 
rule requiring information collection to the Office of Management and 
Budget (OMB) for extension under the Paperwork Reduction Act of 1995 
(P.L. 104-13, 44 U.S.C.
    Chapter 35). This information collection is published to obtain 
comments from the public.

DATES: Comments will be accepted until June 22, 1998.

ADDRESSES: Interested parties are invited to submit written comments to 
NCUA Clearance Officer or OMB Reviewer listed below:
    Clearance Officer: Mr. James L. Baylen, (703) 518-6411, National 
Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 
22314-3428, Fax No. 703-518-6433, E-mail: [email protected].
    OMB Reviewer: Alexander T. Hunt, (202) 395-7860, Office of 
Management and Budget, Room 10226, New Executive Office Building, 
Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Copies of the information collection 
requests, with applicable supporting documentation, may be obtained by 
calling the NCUA Clearance Officer James L. Baylen or sending e-mail to 
the address provided above.

SUPPLEMENTARY INFORMATION: Proposal for the following collection of 
information:

    OMB Number: 3133-0125.
    Form Number: N/A.
    Type of Review: Extension of a currently approved collection.
    Title: 12 C.F.R. Part 722--Appraisals
    Description: Congress has mandated that NCUA adopt standards for 
the performance of real estate appraisals in connection with federally 
related transactions (Title XI of the Financial Institutions, Reform, 
Recovery, and Enforcement Act of 1989 [FIRREA]). Credit unions use the 
information gathered to determine if loans can be granted. NCUA uses 
the information gathered to ensure safety and soundness.
    Respondents: All federally insured credit unions making individual 
real estate loans of $100,000 or more.
    Estimated No. of Respondents/Recordkeepers: 5,000.
    Estimated Burden Hours Per Response: .25 hours.
    Frequency of Response: Other. Information collection/record keeping 
is required on an on-going basis.
    Estimated Total Annual Burden Hours: 137,500.
    Estimated Total Annual Cost: N/A.

    By the National Credit Union Administration Board on April 16, 
1998.
Becky Baker,
Secretary of the Board.
[FR Doc. 98-10599 Filed 4-21-98; 8:45 am]
BILLING CODE 7535-01-U