[Federal Register Volume 84, Number 98 (Tuesday, May 21, 2019)]
[Notices]
[Pages 23070-23071]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-10540]


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

DATES: Comments should be received on or before June 20, 2019 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of this 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 5080, 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-NEW.
    Type of Review: New collection.
    Title: Proof of Concept Application for New Charter Organizing 
Groups.
    Abstract: The Credit Union Resources and Expansion (CURE) office of 
NCUA is responsible for the review and approval of charter applications 
submitted by organizing groups. CURE is enhancing the application 
process for organizers to submit their information through an automated 
system to document the four most critical elements to establish a new 
charter. The four areas are usually the greatest challenge for 
organizers to accomplish. The automated system will assist organizing 
groups in demonstrating that they have thoroughly evaluated the 
proposed credit union's operations by documenting the most critical 
elements of a new charter, such as the purpose and core values, field 
of membership, capital, and subscribers.
    The data will be reviewed by NCUA to determine the adequacy of a 
group's proof of concept and provide guidance as needed. The purpose of 
this information collection is to identify the level of understanding 
an organizing group has before they make a formal charter application 
submission as prescribed by Appendix B to 12 CFR part 701.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 96.


[[Page 23071]]


    By Gerard Poliquin, Secretary of the Board, the National Credit 
Union Administration, on May 16, 2019.
    Dated: May 16, 2019.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2019-10540 Filed 5-20-19; 8:45 am]
 BILLING CODE 7535-01-P