[Federal Register Volume 79, Number 164 (Monday, August 25, 2014)]
[Notices]
[Page 50706]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-20121]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Submission to OMB for 
Reinstatement 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 (Public Law 104-13, 
44 U.S.C. Chapter 35). This information collection is published to 
obtain comments from the public. Part 704 of the NCUA Rules and 
Regulations direct corporate credit unions to maintain certain records 
and to comply with various regulatory requirements.

DATES: Comments will be accepted until October 24, 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, 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 3133-0129. Part 704 of the 
NCUA Rules and Regulations, established the regulatory framework for 
corporate credit unions. This includes various reporting requirements 
as well as safety and soundness standards. The burden for this 
collection has decreased from the previously approved submission as the 
number of corporate credit unions has declined from 27 to 15. However, 
the remaining corporate credit unions tend to be more complex and 
approved for expanded authorities.
    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: Corporate Credit Unions.
    OMB Number: 3133-0129.
    Form Number: None.
    Type of Review: Reinstatement of a previously approved collection.
    Description: Part 704 of the NCUA Rules and Regulations.
    Respondents: Federal and State Chartered Corporate Credit Unions.
    Estimated No. of Respondents/Recordkeepers: 15.
    Estimated Burden Hours per Response: Various.
    Frequency of Response: Various.
    Estimated Total Annual Burden Hours: 2,081 hours.
    Estimated Total Annual Cost: 104,050.

    By the National Credit Union Administration Board.
Gerard Poliquin,
Secretary of the Board.
[FR Doc. 2014-20121 Filed 8-22-14; 8:45 am]
BILLING CODE 7535-01-P