[Federal Register Volume 78, Number 167 (Wednesday, August 28, 2013)]
[Notices]
[Pages 53167-53168]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-20936]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Submission to OMB for 
Reinstatement, Without 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. This information 
collection is published to obtain comments from the public. The NCUA 
rules and regulations, contain 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.

DATES: Comments will be accepted until September 27, 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/reinstating the collection for 3133-0167. The 
collection of information requirement is that any insured credit union 
must apply for and receive approval from the NCUA 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, including 
conservatorship and liquidation actions. There is no change to the 
burden hours from previous submissions.
    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: 12 CFR 741.11 of NCUA's Rules and Regulations, Foreign 
Branching.
    OMB Number: 3133-0167.
    Form Number: None.

[[Page 53168]]

    Type of Review: Reinstatement, without change, of a previously 
approved collection.
    Description: Section 741.11 contains a provision that any insured 
credit union must apply for and receive approval from the NCUA 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 include 
conservatorship and liquidation actions.
    Estimated No. of Respondents/Recordkeepers: 3.
    Estimated Burden Hours per Response: 16 hours.
    Frequency of Response: Reporting and other (one time only).
    Estimated Total Annual Burden Hours: 48.
    Estimated Total Annual Cost: $1,488.

    By the National Credit Union Administration Board on August 22, 
2013.
Gerard Poliquin,
Secretary of the Board.
[FR Doc. 2013-20936 Filed 8-27-13; 8:45 am]
BILLING CODE 7535-01-P