[Federal Register Volume 87, Number 195 (Tuesday, October 11, 2022)]
[Notices]
[Pages 61372-61373]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-22024]


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NATIONAL CREDIT UNION ADMINISTRATION


Submission for OMB Review; Comment Request

AGENCY: National Credit Union Administration (NCUA).

[[Page 61373]]


ACTION: Notice.

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SUMMARY: The National Credit Union Administration (NCUA) will submit 
the following information collection requests 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 November 10, 2022 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: 3133-0170.
    Type of Review: Extension of a currently approved collection.
    Title: Fidelity Bond and Insurance Coverage, Sec. 704.18 and Part 
713.
    Abstract: The Federal Credit Union Act (at 12 U.S.C. 1761b(2)) 
requires that the boards of federal credit unions (FCU) arrange for 
adequate fidelity coverage for officers and employees having custody of 
or responsibility for handling funds.
    The regulation contains a number of reporting requirements where a 
credit union seeks to exercise flexibility under the regulations. These 
requirements enable NCUA to monitor the FCU's financial condition for 
safety and soundness purposes and helps to assure that FCUs are 
properly and adequately protected against potential losses due to 
insider abuse such as fraud and embezzlement.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 19.
    OMB Number: 3133-0201.
    Type of Review: Extension of a currently approved collection.
    Title: NCUA Personnel Security Processing Forms.
    Abstract: Title 5, Code of Federal Regulations, Part 731 
(suitability), Executive Order (E.O.) 13764 (contractor fitness), E.O. 
12968/SEAD 4 (classified access), and Homeland Security Directive-12 
(badging) requires all federal and contractor employees to undergo a 
background investigation when seeking employment with an agency. The 
NCUA Personnel Security Processing Forms (Personnel Security Data Form-
Contractor, Personnel Security Data Form-Employee and the Authorization 
for Release of Credit Information) are used to collect information 
necessary for applying the government-established suitability/fitness 
criteria on employees before they can begin employment with or perform 
contractual services for the NCUA. It may be also required should a 
contract employee be moved to a new contract work. The background 
investigation process culminates in an adjudicative determination on 
whether or not these employees are fit to perform services on behalf of 
the agency.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 200.
    By Melane Conyers-Ausbrooks, Secretary of the Board, the National 
Credit Union Administration, on October 4, 2022.

    Dated: October 5, 2022.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2022-22024 Filed 10-7-22; 8:45 am]
BILLING CODE 7535-01-P