[Federal Register Volume 68, Number 31 (Friday, February 14, 2003)]
[Notices]
[Pages 7620-7621]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-3709]


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NATIONAL CREDIT UNION ADMINISTRATION


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

AGENCY: National Credit Union Administration (NCUA).

ACTION: Request for comment.

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SUMMARY: The NCUA intends to submit the following information 
collection to the Office of Management and Budget (OMB) for review and 
clearance under the Paperwork Reduction Act of 1995 (Pub. 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 April 15, 2003.

ADDRESSES: Interested parties are invited to submit written comments to 
NCUA Clearance Officer or OMB Reviewer listed below:
    Clearance Officer: Mr. Neil McNamara, (703) 518-6447, National 
Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 
22314-3428, Fax No. 703-518-6489, E-mail: [email protected].
    OMB Reviewer: Mr. Joseph F. Lackey, (202) 395-4741, 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, Neil McNamara, (703) 518-6447.

SUPPLEMENTARY INFORMATION: Proposal for the following new collection of 
information:
    OMB Number: 3133-.
    Form Number: N/A.
    Type of Review: New collection.
    Title: 12 CFR 741.11 of NCUA's Rules and Regulations, Foreign 
Branching.
    Description: Part 741.11 contains a provision that any insured 
credit union must apply for and receive approval from the regional 
director before establishing a credit union branch outside the United 
States unless the foreign branch is located on a United States military 
institution or embassy outside the United States. The application must 
include (1) a business plan, (2) written approval by the state 
supervisory agency if the applicant is a state-chartered credit union, 
and (3) documentation evidencing written permission from the host 
country to establish the branch that explicitly recognizes NCUA's 
authority to examine and take any enforcement actions, to

[[Page 7621]]

include conservatorship and liquidation actions.
    Estimated No. of Respondents/Recordkeepers: 10.
    Estimated Burden Hours Per Response: 16 hours.
    Frequency of Response: Reporting and other (one time only).
    Estimated Total Annual Burden Hours: 160.
    Estimated Total Annual Cost: $0.

    By the National Credit Union Administration Board on February 
10, 2003.
Becky Baker,
Secretary of the Board.
[FR Doc. 03-3709 Filed 2-13-03; 8:45 am]
BILLING CODE 7535-01-P