Notice2022-11504
Submission for OMB Review; 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
May 27, 2022
Issuing agencies
National Credit Union Administration
Abstract
The National Credit Union Administration (NCUA) will submit the following information collection request 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.
Full Text
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<title>Federal Register, Volume 87 Issue 103 (Friday, May 27, 2022)</title>
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[Federal Register Volume 87, Number 103 (Friday, May 27, 2022)]
[Notices]
[Page 32195]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-11504]
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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 request 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 June 27, 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 <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. 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
<a href="/cdn-cgi/l/email-protection#1e4e4c5f5d7173737b706a6d5e707d6b7f30797168"><span class="__cf_email__" data-cfemail="90c0c2d1d3fffdfdf5fee4e3d0fef3e5f1bef7ffe6">[email protected]</span></a>, or viewing the entire information collection
request at <a href="http://www.reginfo.gov">www.reginfo.gov</a>.
SUPPLEMENTARY INFORMATION:
OMB Number: 3133-NEW.
Type of Review: New collection.
Title: NCUA Template: Large Credit Union Data Collection.
Abstract: The NCUA issued regulation under 12 CFR part 702, subpart
E, ``Capital Planning and Stress Testing'' regarding capital planning
and stress testing for federally insured credit unions with $10 billion
or more in assets and supervised by Office of National Examinations and
Supervision (covered credit unions). The rule authorizes covered credit
unions to conduct stress tests in accordance with the NCUA's
requirements.
Section 702.506 provides for the necessary requirements for those
credit unions to conduct supervisory stress tests. The ``NCUA Template:
Large Credit Union Data Collection'' was developed for the credit
unions to provide NCUA with the specific data needed to evaluate their
internal assessments of capital adequacy and to ensure their capital
resources are sufficient.
Affected Public: Private Sector: Not-for-profit institutions.
Estimated Total Annual Burden Hours: 3,447.
By Melane Conyers-Ausbrooks, Secretary of the Board, the National
Credit Union Administration, on May 24, 2022.
Dated: May 24, 2022.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2022-11504 Filed 5-26-22; 8:45 am]
BILLING CODE 7535-01-P
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