Notice2022-23268
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
October 26, 2022
Issuing agencies
National Credit Union Administration
Abstract
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.
Full Text
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<title>Federal Register, Volume 87 Issue 206 (Wednesday, October 26, 2022)</title>
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[Federal Register Volume 87, Number 206 (Wednesday, October 26, 2022)]
[Notices]
[Pages 64816-64817]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-23268]
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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 November 25, 2022 to be
assured of consideration.
[[Page 64817]]
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#79292b383a1614141c170d0a39171a0c18571e160f"><span class="__cf_email__" data-cfemail="c595978486aaa8a8a0abb1b685aba6b0a4eba2aab3">[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: 3133-0182.
Type of Review: Extension of a currently approved collection.
Title: Bank Conversions and Mergers, 12 CFR part 708a.
Abstract: Part 708a of NCUA's Rules and Regulations covers the
conversion of federally insured credit unions (credit unions) to mutual
savings banks (MSBs) and mergers of credit unions into both mutual and
stock banks (banks). Part 708a requires credit unions that intend to
convert to MSBs or merge into banks to provide notice and disclosure of
their intent to convert or merge to their members and NCUA, and to
conduct a membership vote. In addition, Subpart C requires credit
unions that intend to merge into banks to determine the merger value of
the credit union. The information collection allows NCUA to ensure
compliance with statutory and regulatory requirements for conversions
and mergers and ensures that members of credit unions have sufficient
and accurate information to exercise an informed vote concerning a
proposed conversion or merger.
Affected Public: Private Sector: Not-for-profit institutions.
Estimated Total Annual Burden Hours: 391.
By Melane Conyers-Ausbrooks, Secretary of the Board, the National
Credit Union Administration, on October 20, 2022.
Dated: October 21, 2022.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2022-23268 Filed 10-25-22; 8:45 am]
BILLING CODE 7535-01-P
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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.