[Federal Register Volume 86, Number 155 (Monday, August 16, 2021)]
[Notices]
[Page 45767]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-17415]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Proposed Collection; 
Comment Request

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 extensions of a currently approved collection, as required by 
the Paperwork Reduction Act of 1995.

DATES: Written comments should be received on or before October 15, 
2021 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 6032, Alexandria, Virginia 
22314; email at [email protected]. Given the limited in-house staff 
because of the COVID-19 pandemic, email comments are preferred.

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

SUPPLEMENTARY INFORMATION:
    OMB Number: 3133-0184.
    Title: Requirements for Insurance-Interest Rate Risk Policy.
    Type of Review: Extension of a currently approved collection.
    Abstract: Section 741.3(b)(5) of NCUA's rules and regulations 
requires federally-insured credit unions with assets of more than $50 
million to develop, as a prerequisites for insurability of its member 
deposits, a written interest rate risk management policy and a program 
to effectively implement the policy. The need for FICU to have a 
written policy to establish responsibilities and procedures for 
identifying, measuring, monitoring, controlling, and reporting, and 
establishing risk limits are essential components of safe and sound 
credit union operations and to ensure the security of the National 
Credit Union Share Insurance Fund (NCUSIF).
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Number of Respondents: 2,452.
    Estimated Number of Responses per Respondent: 1.
    Estimated Total Annual Responses: 2,462.
    Estimated Burden Hours per Response: 0.31.
    Estimated Total Annual Burden Hours: 773.

    OMB Number: 3133-0198.
    Title: Appeals Procedures, 12 CFR 746, subpart B.
    Type of Review: Extension of a currently approved collection.
    Abstract: Part 746, subpart B, will govern most authorized appeals 
to the Board of adverse determinations made at program office levels 
under agency regulations that permit such an appeal. The procedures 
apply to federal credit unions (FCUs), federally insured, state-
chartered credit unions (FISCUs), or certain institution affiliated 
parties (IAPs) such as officers or directors when appealing an adverse 
agency determination under one of the rules to which part 746, subpart 
B, would apply. The procedures are intended to result in greater 
efficiency, consistency, and better understanding of the way in which 
matters under covered regulations may be appealed to the Board.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Number of Respondents: 34.
    Estimated Number of Responses per Respondent: 1.
    Estimated Total Annual Responses: 34.
    Estimated Burden Hours per Response: 12.94.
    Estimated Total Annual Burden Hours: 440.
    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 burden of the collection of 
the information on the respondents, including the use of automated 
collection techniques or other forms of information technology.

    By Melane Conyers-Ausbrooks, Secretary of the Board, the 
National Credit Union Administration, on August 9, 2021.


    Dated: August 10, 2021.

Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2021-17415 Filed 8-13-21; 8:45 am]
BILLING CODE 7535-01-P