[Federal Register Volume 81, Number 114 (Tuesday, June 14, 2016)]
[Notices]
[Page 38738]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-13948]


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NATIONAL CREDIT UNION ADMINISTRATION


Submission for OMB Review; Comment Request

AGENCY: National Credit Union Administration (NCUA).

ACTION: Notice.

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SUMMARY: The National Credit Union Administration (NCUA) will submit 
the following information collection request to the Office of 
Management and Budget (OMB) for review and clearance in accordance with 
the Paperwork Reduction Act of 1995, Public Law 104-13, on or after the 
date of publication of this notice.

DATES: Comments should be received on or before July 14, 2016 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to (1) Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
NCUA, New Executive Office Building, Room 10235, Washington, DC 20503, 
or email at [email protected] and (2) NCUA PRA Clearance 
Officer, 1775 Duke Street, Alexandria, VA 22314-3428 or email at 
[email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submission may be 
obtained by emailing [email protected] or viewing the entire 
information collection request at www.reginfo.gov.

SUPPLEMENTARY INFORMATION:
    OMB Number: 3133-0133.
    Type of Review: Reinstatement with change of a previously approved 
collection.
    Title: Investment and Deposit Activities, 12 CFR part 703.
    Abstract: The National Credit Union Administration (NCUA) Federal 
Credit Union Act, 12 U.S.C. 1757(7), 1757(8), 1757(15), lists 
securities, deposits, and other obligations in which a Federal Credit 
Union (FCU) may invest. The regulations related to these areas are 
contained in part 703 and section 721.3 of the NCUA regulations and set 
forth requirements related to maintaining an adequate investment 
program.
    The information collected is used to limit and monitor the level of 
risk that exists within a credit union, the actions taken by the credit 
union to mitigate such risk, and help prevent losses to federal credit 
unions and the National Credit Union Share Insurance Fund (NCUSIF).
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Annual Burden Hours: 211,935.
    By Gerard Poliquin, Secretary of the Board, the National Credit 
Union Administration, on June 8, 2016.

    Dated: June 8, 2016.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2016-13948 Filed 6-13-16; 8:45 am]
 BILLING CODE 7535-01-P