[Federal Register Volume 87, Number 248 (Wednesday, December 28, 2022)]
[Notices]
[Page 79909]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-28167]


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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 January 27, 2023 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 Venetia Eldridge at (703) 518-1564, emailing 
[email protected], or viewing the entire information collection 
request at www.reginfo.gov.

SUPPLEMENTARY INFORMATION: OMB Number: 3133-0032.
    Type of Review: Extension of a currently approved collection.
    Title: Records Preservation, 12 CFR part 749.
    Abstract: Part 749 of the NCUA regulations directs each credit 
union to have a vital records preservation program that includes 
procedures for maintaining duplicate vital records at a location far 
enough from the credit union's offices to avoid the simultaneous loss 
of both sets of records in the event of disaster. Part 749 also 
requires the program be in writing and include emergency contact 
information for employees, officials, regulatory offices, and vendors 
used to support vital records.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 116,472.
    OMB Number: 3133-0052.
    Type of Review: Extension of a currently approved collection.
    Title: Federal Credit Union Bylaws, appendix A to part 701.
    Abstract: The FCU Act and Bylaws require new and current FCU to 
prepare and maintain documents, such as organization certificate, 
charter, notices, meeting minutes, and election results, and notify the 
NCUA Board of certain changes. FCU's use the information they collect 
and maintain pursuant to their bylaws in their operations and to 
provide services to members. NCUA uses the information both to regulate 
the safety and soundness of FCU and protect the National Credit Union 
Share Insurance Fund.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 399,298.
    OMB Number: 3133-0114.
    Type of Review: Extension of a currently approved collection.
    Title: Payments on Shares by Public Units and Nonmembers, 12 CFR 
701.32.
    Abstract: Section 107(6) of the Federal Credit Union Act (Act) and 
Sec.  701.32 of the NCUA Rules and Regulations (12 CFR part 701) may 
receive from public units and political subdivisions and nonmember 
credit unions, payments on shares. Limitations on nonmember and public 
unit deposits in federal credit unions (FCUs) is 50 percent of the 
difference of paid-in and unimpaired capital and surplus and any public 
unit and nonmember shares, as measured at the time of acceptance of 
each public unit or nonmember share. This collection of information is 
necessary to protect the National Credit Union Share Insurance Fund 
(NCUSIF).
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 100.
    By Melane Conyers-Ausbrooks, Secretary of the Board, the National 
Credit Union Administration, on December 21, 2022.

    Dated: December 21, 2022.
Venetia Eldridge,
NCUA PRA Clearance Officer.
[FR Doc. 2022-28167 Filed 12-27-22; 8:45 am]
BILLING CODE 7535-01-P