Notice2022-08753
Agency Information Collection Activities: Proposed Collection; Comment Request
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
April 25, 2022
Issuing agencies
National Credit Union Administration
Abstract
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 extensions of currently approved collections, as required by the Paperwork Reduction Act of 1995.
Full Text
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<title>Federal Register, Volume 87 Issue 79 (Monday, April 25, 2022)</title>
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[Federal Register Volume 87, Number 79 (Monday, April 25, 2022)]
[Notices]
[Pages 24346-24347]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-08753]
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NATIONAL CREDIT UNION ADMINISTRATION
Agency Information Collection Activities: Proposed Collection;
Comment Request
AGENCY: National Credit Union Administration (NCUA).
ACTION: Notice and request for comment.
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[[Page 24347]]
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 extensions of currently approved collections, as required by
the Paperwork Reduction Act of 1995.
DATES: Written comments should be received on or before June 24, 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 <a href="/cdn-cgi/l/email-protection#b7e7e5f6f4d8dadad2d9c3c4f7f9f4e2f699d0d8c1"><span class="__cf_email__" data-cfemail="c595978486aaa8a8a0abb1b6858b869084eba2aab3">[email protected]</span></a>. Given the limited in-house staff
because of the COVID-19 pandemic, email comments are preferred.
FOR FURTHER INFORMATION CONTACT: Requests for additional information
should be directed to Dawn Wolfgang at the address above or telephone
703-548-2279.
SUPPLEMENTARY INFORMATION:
OMB Number: 3133-0004.
Title: NCUA Call Report.
Form: NCUA Form 5300.
Type of Review: Extension of a currently approved collection.
Abstract: Sections 106 and 202 of the Federal Credit Union Act
require federally insured credit unions to make financial reports to
the NCUA. Section 741.5 prescribes the method in which federally
insured credit unions must submit this information to the NCUA. NCUA
Form 5300, Call Report, is used to file quarterly financial and
statistical data through the NCUA's online portal, CUOnline.
The financial and statistical information is essential to the NCUA
in carrying out its responsibility for supervising federal credit
unions. The information also enables the NCUA to monitor all federally
insured credit unions with National Credit Union Share Insurance Fund
(NCUSIF) insured share accounts.
Affected Public: Private Sector: Not-for-profit institutions.
Estimated No. of Respondents: 5,097.
Estimated No. of Responses per Respondent: 4.
Estimated Total Annual Responses: 20,388.
Estimated Burden Hours per Response: 4.
Estimated Total Annual Burden Hours: 81,552.
Reason for Change: The Office of Management and Budget (OMB)
approved a revision to this information collection requirement as an
emergency in accordance with 5 CFR 1320.13, which is set to expire July
31, 2022. The Call Report was restructured to accommodate the Complex
Credit Union Leverage Ratio (CCULR) Calculation schedule by adding a
schedule for the CCULR Calculation and to reestablish the account code
for the collection of Noncontrolling Interest in Consolidated
Subsidiaries (previously described as Miscellaneous Equity and
erroneously omitted from the Form 5300). The CCULR changes were
attributed to a final rule published December 23, 2021, at 86 FR 72784,
that provided a simplified measure of capital adequacy for federally
insured, natural-person credit unions classified as complex.
OMB Number: 3133-0185.
Title: NCUA Vendor Registration Form.
Form: NCUA Form 1772.
Type of Review: Extension of a currently approved collection.
Abstract: Section 342 of the Dodd-Frank Wall Street Reform and
Consumer Protection Act (Act) (Pub. L. 111-203) calls for agencies to
promote the inclusion of minority and women-owned firms in their
business activities. The Act also requires agencies to annually report
to Congress the total amounts paid to minority and women-owned
businesses. In order for NCUA to comply with this Congressional
mandate, NCUA Form 1772 is used to collect certain information from its
current and potential vendors, so that it can identify businesses that
meet the criteria. The vendor information is to be submitted to the
agency on a one-time basis and will be used to assign an ownership
status to the vendor (i.e., minority-owned business, woman-owned
business) per the requirements of the Act. The NCUA will use the
vendor-entered ownership status information to help calculate the total
amounts of contracting dollars awarded and paid to minority-owned and
women-owned businesses.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated No. of Respondents: 200.
Estimated Annual Frequency: 1.
Estimated Annual Number of Responses: 200.
Estimated Burden Hours per Response: 10 minutes.
Estimated Total Annual Burden Hours: 33.
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 19, 2022.
Dated: April 20, 2022.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2022-08753 Filed 4-22-22; 8:45 am]
BILLING CODE 7535-01-P
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