[Federal Register Volume 86, Number 184 (Monday, September 27, 2021)]
[Notices]
[Page 53351]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-20850]


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

NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Proposed Collection; 
Comment Request; NCUA Call Report

AGENCY: National Credit Union Administration (NCUA).

ACTION: Notice and request for comment.

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

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

DATES: Written comments should be received on or before November 26, 
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: 3133-0004.
    Title: NCUA Call Report.
    Form: NCUA Form 5300.
    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 741.5 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 through NCUA's online portal, CUOnline.
    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 No. of Respondents: 5,031.
    Estimated No. of Responses per Respondent: 4.
    Estimated Total Annual Responses: 20,124.
    Estimated Burden Hours per Response: 4.
    Estimated Total Annual Burden Hours: 80,049.
    Reason for Change: The Call Report is being restructured to 
streamline the schedules, retire obsolete account codes, and 
accommodate the Risk-Based Capital Ratio Calculation schedule. 
Revisions are attributed to adding schedules for Off-Balance Sheet 
Exposures and the Risk-Based Capital Ratio Calculation. Adjustments 
have been made to the number of respondents due to the decline in the 
number of federally insured credit unions, which has averaged 
approximately one percent per quarter.
    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 September 21, 2021.

    Dated: September 22, 2021.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2021-20850 Filed 9-24-21; 8:45 am]
BILLING CODE 7535-01-P