[Federal Register Volume 79, Number 116 (Tuesday, June 17, 2014)]
[Notices]
[Page 34556]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-14080]


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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 is published to obtain 
comments from the public. Financial and statistical information is 
collected on a monthly basis and is used by NCUA to monitor financial 
and statistical trends in corporate credit unions and to allocate 
examination and supervision resources.

DATES: Comments will be accepted until July 17, 2014.

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, VA 22314-3428, Fax No. 703-837-2861, Email: 
[email protected].
OMB Reviewer: 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 3133-0067. The 
Federal Credit Union Act, 12 U.S.C. 1782(a)(1), requires federally 
insured credit unions to make reports of condition to the NCUA Board 
upon dates the Board selects. NCUA collects the financial and 
statistical information on a monthly basis and uses it to monitor 
financial and statistical trends in corporate credit unions and to 
allocate examination and supervision resources. If this information was 
not collected, NCUA would not be able to effectively fulfill its 
primary mission of regulating and supervising credit unions. The burden 
on the industry continues to decline as a result of mergers of 
corporate credit unions.
    NCUA is proposing to replace the software with an online 
application as part of CU Online. This will allow corporate credit 
unions the ability to access the application from any location as well 
as reduce the administrative burden and cost associated with the 
installation and maintenance of the previous credit union software.
    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: Corporate Credit Union Monthly Call Report.
    OMB Number: 3133-0067.
    Form Number: NCUA 5310.
    Type of Review: Reinstatement, with change, of a previously 
approved collection.
    Description: NCUA utilizes the information to monitor financial 
conditions in corporate credit unions, and to allocate supervision and 
examination resources.
    Respondents: Corporate credit unions, or ``banker's banks'' for 
natural person credit unions.
    Estimated No. of Respondents/Record Keepers: 15.
    Estimated Burden Hours per Response: 8 hours.
    Frequency of Response: Monthly.
    Estimated Total Annual Burden Hours: 1,440 hours.
    Estimated Total Annual Cost: $72,000.

    By the National Credit Union Administration Board on June 9, 
2014.
Gerard Poliquin,
Secretary of the Board.
[FR Doc. 2014-14080 Filed 6-16-14; 8:45 am]
BILLING CODE 7535-01-P