Notice2022-28167
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
December 28, 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 248 (Wednesday, December 28, 2022)</title>
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[Federal Register Volume 87, Number 248 (Wednesday, December 28, 2022)]
[Notices]
[Page 79909]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-28167]
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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 January 27, 2023 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 Venetia Eldridge at (703) 518-1564, emailing
<a href="/cdn-cgi/l/email-protection#db8b899a98b4b6b6beb5afa89bb5b8aebaf5bcb4ad"><span class="__cf_email__" data-cfemail="9acac8dbd9f5f7f7fff4eee9daf4f9effbb4fdf5ec">[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: 3133-0032.
Type of Review: Extension of a currently approved collection.
Title: Records Preservation, 12 CFR part 749.
Abstract: Part 749 of the NCUA regulations directs each credit
union to have a vital records preservation program that includes
procedures for maintaining duplicate vital records at a location far
enough from the credit union's offices to avoid the simultaneous loss
of both sets of records in the event of disaster. Part 749 also
requires the program be in writing and include emergency contact
information for employees, officials, regulatory offices, and vendors
used to support vital records.
Affected Public: Private Sector: Not-for-profit institutions.
Estimated Total Annual Burden Hours: 116,472.
OMB Number: 3133-0052.
Type of Review: Extension of a currently approved collection.
Title: Federal Credit Union Bylaws, appendix A to part 701.
Abstract: The FCU Act and Bylaws require new and current FCU to
prepare and maintain documents, such as organization certificate,
charter, notices, meeting minutes, and election results, and notify the
NCUA Board of certain changes. FCU's use the information they collect
and maintain pursuant to their bylaws in their operations and to
provide services to members. NCUA uses the information both to regulate
the safety and soundness of FCU and protect the National Credit Union
Share Insurance Fund.
Affected Public: Private Sector: Not-for-profit institutions.
Estimated Total Annual Burden Hours: 399,298.
OMB Number: 3133-0114.
Type of Review: Extension of a currently approved collection.
Title: Payments on Shares by Public Units and Nonmembers, 12 CFR
701.32.
Abstract: Section 107(6) of the Federal Credit Union Act (Act) and
Sec. 701.32 of the NCUA Rules and Regulations (12 CFR part 701) may
receive from public units and political subdivisions and nonmember
credit unions, payments on shares. Limitations on nonmember and public
unit deposits in federal credit unions (FCUs) is 50 percent of the
difference of paid-in and unimpaired capital and surplus and any public
unit and nonmember shares, as measured at the time of acceptance of
each public unit or nonmember share. This collection of information is
necessary to protect the National Credit Union Share Insurance Fund
(NCUSIF).
Affected Public: Private Sector: Not-for-profit institutions.
Estimated Total Annual Burden Hours: 100.
By Melane Conyers-Ausbrooks, Secretary of the Board, the National
Credit Union Administration, on December 21, 2022.
Dated: December 21, 2022.
Venetia Eldridge,
NCUA PRA Clearance Officer.
[FR Doc. 2022-28167 Filed 12-27-22; 8:45 am]
BILLING CODE 7535-01-P
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</html>Indexed from Federal Register on December 28, 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.