[Federal Register Volume 78, Number 155 (Monday, August 12, 2013)]
[Notices]
[Page 48911]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-19400]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Submission to OMB for 
Reinstatement, With Change, of a Previously 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 relates to 12 CFR Sec.  
701.33(b)(2)(i), which requires a federal credit union (FCU) to draft a 
written reimbursement policy to ensure that the FCU makes payments to 
its director within the guidelines that the FCU has established in 
advance and to enable examiners to easily verify compliance by 
comparing the policy to the actual reimbursements.

DATES: Comments will be accepted until October 11, 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 reinstating the collection for 3133-0130. The information 
collection is authorized under Section 120 of the Federal Credit Union 
(FCU) Act, 12 U.S.C. 1766(a), and Section 701.33(b)(2)(i) of NCUA Rules 
and Regulations, 12 CFR Sec.  701.33(b)(2)(i). The information 
collection is necessary to obtain adequate decisions in regard to 
reimbursement programs and to require internal controls for FCU boards 
of directors regarding reimbursement requirements. Overall, the 
reporting and recordkeeping burdens have decreased due to the decrease 
in the number of newly chartered FCUs as well as existing FCUs.
    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

    Title: Written Reimbursement Policy.
    OMB Number: 3133-0130.
    Form Number: None.
    Type of Review: Reinstatement, with change, of a previously 
approved collection.
    Description: Each Federal Credit Union (FCU) must draft a written 
reimbursement policy to ensure that the FCU makes payments to its 
director within the guidelines that the FCU has established in advance 
and to enable examiners to easily verify compliance by comparing the 
policy to the actual reimbursements.
    Respondents: All Federal Credit Unions.
    Estimated No. of Respondents/Recordkeepers: 4272.
    Estimated Burden Hours per Response: .5 hours.
    Frequency of Response: Other. Once and update.
    Estimated Total Annual Burden Hours: 2146.
    Estimated Total Annual Cost: None.

    By the National Credit Union Administration Board on August 6, 
2013.
Gerard Poliquin,
Secretary of the Board.
[FR Doc. 2013-19400 Filed 8-9-13; 8:45 am]
BILLING CODE 7535-01-P