[Federal Register Volume 72, Number 186 (Wednesday, September 26, 2007)]
[Notices]
[Pages 54690-54691]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-18999]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Submission to OMB for 
Extension of a Currently Approved 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 October 29, 2007.

ADDRESSES: Interested parties are invited to submit written comments to 
NCUA Clearance Officer listed below:
    Clearance Officer: Mr. Neil McNamara, National Credit Union 
Administration, 1775 Duke Street, Alexandria, Virginia 22314-3428, Fax 
No. 703-837-2861. E-mail: [email protected].

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
a copy of the information collection request should be directed to 
Tracy Sumpter at the National Credit Union Administration, 1775 Duke 
Street, Alexandria, VA 22314-3428, or at (703) 518-6444.

SUPPLEMENTARY INFORMATION: Proposal for the following collection of 
information:
    Title: 12 CFR 703 Investment and Deposit Activities.
    OMB Number: 3133-0133.
    Form Number: None.
    Type of Review: Extension of a currently approved collection.
    Description: To ensure that federal credit unions make safe and 
sound investments, the rule requires that they establish written 
investment policies and review them annually, document details of the 
individual investments monthly, ensure adequate broker/dealer selection 
criteria and record credit decisions regarding deposits in certain 
financial institutions.
    Respondents: Federal credit unions.

[[Page 54691]]

    Estimated No. of Respondents/Recordkeepers: 5,732.
    Estimated Burden Hours Per Response: 46.15 hours.
    Frequency of Response: Recordkeeping. Reporting. On Occasion. 
Quarterly.
    Estimated Total Annual Burden Hours: 264,529 hours.
    Estimated Total Annual Cost: None.

    By the National Credit Union Administration Board September 20, 
2007.
Mary Rupp,
Secretary of the Board.
[FR Doc. E7-18999 Filed 9-25-07; 8:45 am]
BILLING CODE 7535-01-P