Notice2022-25446
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
November 22, 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 224 (Tuesday, November 22, 2022)</title>
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[Federal Register Volume 87, Number 224 (Tuesday, November 22, 2022)]
[Notices]
[Page 71363]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-25446]
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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 December 22, 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#61313320220e0c0c040f1512210f0214004f060e17"><span class="__cf_email__" data-cfemail="3f6f6d7e7c5052525a514b4c7f515c4a5e11585049">[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: 3133-0059.
Type of Review: Extension of a currently approved collection.
Title: Supervisory Committee Audits and Verifications, 12 CFR 715.
Abstract: Title 12 CFR part 715 prescribes the responsibilities of
the supervisory committee to obtain an audit of the credit union and
verification of member accounts as outlined in Section 115 of the
Federal Credit Union Act, 12 U.S.C. 1761d. A supervisory committee
audit is required at least once every calendar year covering the period
since the last audit and to conduct a verification of members' accounts
not less frequently than once every two years. The information is used
by both the credit union and the NCUA to ensure through audit testing
that the credit union's assets, liabilities, equity, income, and
expenses exist, are properly valued, controlled and meet ownership,
disclosure and classification requirements of sound financial
reporting.
Affected Public: Private sector: not-for-profit institutions.
Estimated Total Annual Burden Hours: 12,549.
OMB Number: 3133-0146.
Type of Review: Extension of a currently approved collection.
Title: Production of Nonpublic Records and Testimony of Employees
in Legal Proceedings.
Abstract: Title 12 CFR part 792, subpart C requires anyone
requesting NCUA non-public records for use in legal proceedings, or
similarly the testimony of NCUA personnel, to provide NCUA with
information regarding the requester's grounds for the request. This
process is also known as a ``Touhy Request''. The information collected
will help NCUA decide whether to release non-public records or permit
employees to testify in legal proceedings. NCUA regulations also
require an entity or person in possession of NCUA records to notify the
NCUA upon receipt of a subpoena for those records. The NCUA requires
this notice to protect its records and, when necessary, intervene in
litigation or file an objection to the disclosure of its confidential
information in the appropriate court or tribunal.
Affected Public: Individuals or households.
Estimated Total Annual Burden Hours: 100.
By Melane Conyers-Ausbrooks, Secretary of the Board, the National
Credit Union Administration, on November 17, 2022.
Dated: November 17, 2022.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2022-25446 Filed 11-21-22; 8:45 am]
BILLING CODE 7535-01-P
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</html>Indexed from Federal Register on November 22, 2022.
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.