[Federal Register Volume 87, Number 224 (Tuesday, November 22, 2022)]
[Notices]
[Page 71363]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-25446]


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NATIONAL CREDIT UNION ADMINISTRATION


Submission for OMB Review; Comment Request

AGENCY: National Credit Union Administration (NCUA).

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 December 22, 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: 3133-0059.
    Type of Review: Extension of a currently approved collection.
    Title: Supervisory Committee Audits and Verifications, 12 CFR 715.
    Abstract: Title 12 CFR part 715 prescribes the responsibilities of 
the supervisory committee to obtain an audit of the credit union and 
verification of member accounts as outlined in Section 115 of the 
Federal Credit Union Act, 12 U.S.C. 1761d. A supervisory committee 
audit is required at least once every calendar year covering the period 
since the last audit and to conduct a verification of members' accounts 
not less frequently than once every two years. The information is used 
by both the credit union and the NCUA to ensure through audit testing 
that the credit union's assets, liabilities, equity, income, and 
expenses exist, are properly valued, controlled and meet ownership, 
disclosure and classification requirements of sound financial 
reporting.
    Affected Public: Private sector: not-for-profit institutions.
    Estimated Total Annual Burden Hours: 12,549.

    OMB Number: 3133-0146.
    Type of Review: Extension of a currently approved collection.
    Title: Production of Nonpublic Records and Testimony of Employees 
in Legal Proceedings.
    Abstract: Title 12 CFR part 792, subpart C requires anyone 
requesting NCUA non-public records for use in legal proceedings, or 
similarly the testimony of NCUA personnel, to provide NCUA with 
information regarding the requester's grounds for the request. This 
process is also known as a ``Touhy Request''. The information collected 
will help NCUA decide whether to release non-public records or permit 
employees to testify in legal proceedings. NCUA regulations also 
require an entity or person in possession of NCUA records to notify the 
NCUA upon receipt of a subpoena for those records. The NCUA requires 
this notice to protect its records and, when necessary, intervene in 
litigation or file an objection to the disclosure of its confidential 
information in the appropriate court or tribunal.
    Affected Public: Individuals or households.
    Estimated Total Annual Burden Hours: 100.
    By Melane Conyers-Ausbrooks, Secretary of the Board, the National 
Credit Union Administration, on November 17, 2022.

    Dated: November 17, 2022.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2022-25446 Filed 11-21-22; 8:45 am]
BILLING CODE 7535-01-P