[Federal Register Volume 84, Number 103 (Wednesday, May 29, 2019)]
[Notices]
[Pages 24826-24827]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-11109]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Proposed Collection; 
Comment Request; NCUA Profile

AGENCY: National Credit Union Administration (NCUA).

ACTION: Notice and request for comment.

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SUMMARY: The National Credit Union Administration (NCUA), as part of a 
continuing effort to reduce paperwork and respondent burden, invites 
the general public and other Federal agencies to comment on the 
following revision of a currently approved collection, as required by 
the Paperwork Reduction Act of 1995.

DATES: Written comments should be received on or before July 29, 2019 
to be assured consideration.

ADDRESSES: Interested persons are invited to submit written comments on 
the information collection to Dawn Wolfgang, National Credit Union 
Administration, 1775 Duke Street, Suite 5080, Alexandria, Virginia 
22314; Fax No. 703-519-8579; or Email at [email protected].

FOR FURTHER INFORMATION CONTACT: Address requests for additional 
information to the address above or telephone 703-548-2279.

SUPPLEMENTARY INFORMATION:
    OMB Number: 3133-0004.
    Title: NCUA Call Report and Profile.
    Forms: NCUA Form 5300 and 4501A.
    Type of Review: Revision of a currently approved collection.
    Abstract: Sections 106 and 202 of the Federal Credit Union Act 
require federally insured credit unions to make financial reports to 
the NCUA. Section 741.6 prescribes the method in which federally 
insured credit unions must submit this information to NCUA. NCUA Form 
5300, Call Report, is used to file quarterly financial and statistical 
data and NCUA Form 4501A, Credit Union Profile, is used to obtain non-
financial data relevant to regulation and supervision such as the names 
of senior management and volunteer officials, and are reported through 
NCUA's online portal, Credit Unions Online.
    The financial and statistical information is essential to NCUA in 
carrying out its responsibility for supervising federal credit unions. 
The information also enables NCUA to monitor all federally insured 
credit unions with National Credit Union Share Insurance Fund (NCUSIF) 
insured share accounts.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Number of Respondents: 5,375.
    Estimated Number of Responses per Respondent: 4.
    Estimated Total Annual Responses: 21,500.
    Estimated Burden Hours per Response: 6.
    Estimated Total Annual Burden Hours: 129,000.
    Reason for Change: Form 4501A, NCUA Profile, is being revised to 
include two questions to evaluate industry-wide risk exposure related 
to single- and multi-employer defined benefit plans. This revision will 
not alter the estimated burden hours per response. The effort to 
provide a response is minimal and will not impact the total burden.
    The burden hours will reflect an adjustment to the number of 
respondents due to the decline in the number of federally insured 
credit unions. The number of federally insured credit unions completing 
the Call Report and Profile dropped from 5,530 to 5,375. The reduction 
of 3,720 burden hours reflects this adjustment.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and included in the request for Office of Management 
and Budget approval. All comments will become a matter of public 
record. The public is invited to submit comments concerning: (a) 
Whether the collection of information is necessary for the proper 
execution of the function of the agency, including whether the 
information will have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the collection of information, 
including the validity of the methodology and assumptions used; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; and (d) ways to minimize the

[[Page 24827]]

burden of the collection of the information on the respondents, 
including the use of automated collection techniques or other forms of 
information technology.

    By Gerard Poliquin, Secretary of the Board, the National Credit 
Union Administration, on May 21, 2019.

    Dated: May 23, 2019.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2019-11109 Filed 5-28-19; 8:45 am]
 BILLING CODE 7535-01-P