[Federal Register Volume 85, Number 140 (Tuesday, July 21, 2020)]
[Notices]
[Pages 44113-44114]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-15739]


=======================================================================
-----------------------------------------------------------------------

NATIONAL CREDIT UNION ADMINISTRATION


Submission for OMB Review; Comment Request

AGENCY: National Credit Union Administration (NCUA).

ACTION: Notice.

-----------------------------------------------------------------------

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

DATES: Comments should be received on or before August 20, 2020 to be 
assured of consideration.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.

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: 3133-0167.
    Title: Foreign Branching, 12 CFR 741.11.
    Abstract: Pursuant Sec.  741.11, an insured credit union that 
wishes to establish a branch office outside the United States (other 
than branches located on United States military installations or 
embassies) must apply for and receive approval from the NCUA regional 
director before establishing that branch. The application must include 
(1) a business plan, (2) written approval by the state supervisory 
agency if the applicant is a state-chartered credit union, and (3) 
documentation evidencing written permission from the host country to 
establish the branch that

[[Page 44114]]

explicitly recognizes NCUA's authority to examine and take any 
enforcement actions, including conservatorship and liquidation actions.
    This information is necessary to evaluate the safety and soundness 
of the decision to open the branch and to protect the interests of the 
National Credit Union Share Insurance Fund.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 33.
    By Gerard Poliquin, Secretary of the Board, the National Credit 
Union Administration, on July 15, 2020.

    Dated: July 16, 2020.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2020-15739 Filed 7-20-20; 8:45 am]
BILLING CODE 7535-01-P