[Federal Register Volume 90, Number 162 (Monday, August 25, 2025)]
[Notices]
[Page 41419]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-16248]


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NATIONAL CREDIT UNION ADMINISTRATION


Renewal of Agency Information Collections for Comments Request: 
Proposed Collections

AGENCY: National Credit Union Administration (NCUA).

ACTION: Notice and request for comments.

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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: Written comments should be received on or before October 24, 
2025 to be assured consideration.

ADDRESSES: Interested persons are invited to submit written comments on 
the information collection to Dacia Rogers, National Credit Union 
Administration, 1775 Duke Street, Alexandria, Virginia 22314, Suite 
6043; Fax No. (703) 519-8161; or email at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submission may be 
obtained by contacting Dacia Rogers at (703) 518-6547.

SUPPLEMENTARY INFORMATION: 
    OMB Number: 3133-0170.
    Title: Fidelity Bond and Insurance Coverage (Sec. 704.18 and Part 
713).
    Type of Review: Extension of a previously approved collection.
    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 ensure 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: 11.
    OMB Number: 3133-0201.
    Title: NCUA Personnel Security Processing Forms.
    Type of Review: Extension of a previously approved collection.
    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 the necessary 
information 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 of 
whether these employees are fit to perform services on behalf of the 
agency.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 200.
    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 
performance 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 the National Credit Union Administration Board.
Melane Conyers-Ausbrooks,
Secretary of the Board.
[FR Doc. 2025-16248 Filed 8-22-25; 8:45 am]
BILLING CODE 7535-01-P