[Federal Register Volume 87, Number 74 (Monday, April 18, 2022)]
[Notices]
[Pages 22952-22953]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-08223]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Proposed Collection; 
Proof of Concept Application for New Charter Organizing Groups

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

DATES: Written comments should be received on or before June 17, 2022 
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: 3133-0202.
    Title: Proof of Concept Application (POC) for New Charter 
Organizing Groups.
    Type of Review: Extension of a currently approved collection.
    Abstract: The Office of Credit Union Resources and Expansion (CURE) 
is responsible for the review and approval of charter applications 
submitted by organizing groups. CURE has implemented a charter 
modernization process to improve the quality of charter applications 
received. This will help ensure organizing groups submit a well-thought 
out, well-developed charter plan to minimize the back-and-forth 
communication and improve overall chartering processing times. CURE 
management implemented the Proof of Concept (POC) data collection 
through the CyberGrants system, which documents the four most critical 
elements for establishing a new charter. This is ``Phase 1'' of the 
process. The CyberGrants system is accessed online.
    The four areas are usually the greatest challenge for organizers to 
accomplish.

[[Page 22953]]

When the organizers successfully address the four critical elements, 
organizing groups are invited to proceed to ``Phase 2'', submission of 
most remaining charter documents and plans.
    The ``Phase 1'' data is reviewed by NCUA to determine the adequacy 
of a group's chartering concept and to 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 
(12 U.S.C. 1758, 1759).
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated No. of Respondents: 26.
    Estimated No. of Responses per Respondent: 1.
    Estimated Total Annual Responses: 26.
    Estimated Burden Hours per Response: 4.
    Estimated Total Annual Burden Hours: 104.
    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 April 12, 2022.

    Dated: April 13, 2022.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2022-08223 Filed 4-15-22; 8:45 am]
BILLING CODE 7535-01-P