[Federal Register Volume 83, Number 30 (Tuesday, February 13, 2018)]
[Notices]
[Pages 6215-6216]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-02889]


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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 be 
submitting 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

[[Page 6216]]

1995, on or after the date of publication of this notice.

DATES: Comments should be received on or before March 15, 2018 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, Suite 5060, Alexandria, VA 22314, or email 
at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submission may be 
obtained by contacting Dawn Wolfgang at (703) 548-2279, emailing 
[email protected], or viewing the entire information collection 
request at www.reginfo.gov.

SUPPLEMENTARY INFORMATION: 
    OMB Number: 3133-0180.
    Title: Liquidity and Contingency Funding Plans.
    Abstract: Section 741.12 establishes a three tier framework for 
federally insured credit unions (FICUs), based on asset size. FICUs 
with assets under $50 million must maintain a basic policy, those with 
assets of $50 million and over must maintain a contingency funding 
plan, and those with assets over $250 million must maintain a 
contingency funding plan and establish a federal liquidity contingency 
source. The reviews will conclude if federally insured credit unions 
are maintaining appropriate liquidity levels for the amount of balance 
sheet risk exposure. As part of the routine examination process, these 
reviews help prevent losses to credit unions and the NCUSIF.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 4,425.

    By Gerard Poliquin, Secretary of the Board, the National Credit 
Union Administration, on February 8, 2018.

    Dated: February 8, 2018.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2018-02889 Filed 2-12-18; 8:45 am]
 BILLING CODE 7535-01-P