[Federal Register Volume 78, Number 86 (Friday, May 3, 2013)]
[Notices]
[Pages 26086-26087]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-10544]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Submission to OMB for 
Revision to a Currently Approved Information 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. NCUA is proposing a data collection change to 
the credit union Profile as well as the 5300 Call Report. NCUA is 
proposing to add fields to the General, Information Systems and 
Technology, Regulatory, Disaster Recovery, Member Services and Grant 
sections of the Profile. This data will assist NCUA in monitoring and 
supervising credit unions. On the 5300 Call Report, NCUA is proposing 
to add fields to the Miscellaneous Loan Information, Additional Share 
Information, Miscellaneous, Delinquency, Loan Charge Off and 
Recoveries, Liquidity, Commitments and Sources, Purchased Credit 
Impaired Loans, and Supplemental Investment Information sections. The 
new data collection provides more detailed delinquent, charge off and 
recovery loan information. Additionally, these fields provide 
information for offsite monitoring of risks to the National Credit 
Union Share Insurance Fund.

DATES: Comments will be accepted until June 3, 2013.

ADDRESSES: Interested parties are invited to submit written comments to 
the NCUA Contact and the OMB Reviewer listed below:

NCUA Contact: Tracy Crews, National Credit Union Administration, 1775 
Duke Street, Alexandria, Virginia 22314-3428, Fax No. 703-837-2861, 
Email: [email protected].
OMB Contact: Office of Management and Budget, ATTN: Desk Officer for 
the National Credit Union Administration, Office of Information and 
Regulatory Affairs, Washington, DC 20503.

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

SUPPLEMENTARY INFORMATION: 

I. Abstract and Request for Comments

    NCUA is amending the currently approved collection for 3133-0004. 
Two specific forms are used, NCUA Form 5300 and NCUA Profile Form 
4501A, also known as the Call Report and Profile, respectively. Section 
741.6 of the NCUA Rules and Regulations requires all federally insured 
credit unions to submit a Call Report quarterly. 12 CFR 741.6. The 
information enables the NCUA to monitor credit unions whose share 
accounts are insured by the National Credit Union Share Insurance Fund. 
NCUA uses the information collected from these Call Reports to fulfill 
its mission of supervising credit unions and the Federal Reserve Board 
uses it to monitor and control the nation's money supply and the system 
of financial institutions. Congress and various state legislatures use 
this information to monitor, regulate, and control credit unions and 
financial institutions. The changes made to the Profile and Call Report 
form for June 2013 will provide data to assist the National Credit 
Union Administration in assessing regulatory compliance and financial 
and operational risks. There is a decrease of 6,045 hours from the last 
submission

[[Page 26087]]

(2012). The decrease is a result of an adjustment to the number of 
credit unions completing the Call Report from 7,093 to 6,864. This 
decline is from credit union mergers and liquidations.
    The NCUA requests that you send your comments on this collection to 
the location listed in the addresses section. Your comments should 
address: (a) The necessity of the information collection for the proper 
performance of NCUA, including whether the information will have 
practical utility; (b) the accuracy of our estimate of the burden 
(hours and cost) of the collection of information, including the 
validity of the methodology and assumptions used; (c) ways we could 
enhance the quality, utility, and clarity of the information to be 
collected; and (d) ways we could minimize the burden of the collection 
of the information on the respondents such as through the use of 
automated collection techniques or other forms of information 
technology. It is NCUA's policy to make all comments available to the 
public for review.

II. Data

    Proposal for the following collection of information:
    OMB Number: 3133-0004.
    Form Number: NCUA 5300.
    Type of Review: Revision to the currently approved collection.
    Title: Revisions to NCUA Call Reports.
    Description: The financial and statistical information is essential 
to NCUA in carrying out its responsibility for the supervision of 
federally insured credit unions. The information also enables NCUA to 
monitor all federally insured credit unions whose share accounts are 
insured by the National Credit Union Share Insurance Fund (NCUSIF).
    Respondents: All Credit Unions.
    Estimated No. of Respondents/Recordkeepers: 6,864
    Estimated Burden Hours per Response: 6.6 hours.
    Frequency of Response: Quarterly.
    Estimated Total Annual Burden Hours: 181,210.
    Estimated Total Annual Cost: $5,318,513.


    By the National Credit Union Administration Board on April 30th, 
2013.
Mary Rupp,
Secretary of the Board.
[FR Doc. 2013-10544 Filed 5-2-13; 8:45 am]
BILLING CODE 7535-01-P