Notice2024-21916

Revision of Agency Information Collection of a Previously Approved Collection; Request for Comments

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
September 25, 2024

Issuing agencies

National Credit Union Administration

Abstract

As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following extensions and revisions of currently approved collections to the Office of Management and Budget (OMB) for renewal.

Full Text

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[Federal Register Volume 89, Number 186 (Wednesday, September 25, 2024)]
[Notices]
[Page 78344]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-21916]


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NATIONAL CREDIT UNION ADMINISTRATION


Revision of Agency Information Collection of a Previously 
Approved Collection; Request for Comments

AGENCY: National Credit Union Administration (NCUA).

ACTION: Notice of submission to the Office of Management and Budget.

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SUMMARY: As required by the Paperwork Reduction Act of 1995, The 
National Credit Union Administration (NCUA) is submitting the following 
extensions and revisions of currently approved collections to the 
Office of Management and Budget (OMB) for renewal.

DATES: Written comments should be received on or before October 25, 
2024 to be assured 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 Dacia Rogers at (703) 518-6547, emailing 
<a href="/cdn-cgi/l/email-protection#35656774765a5858505b4146755b5640541b525a43"><span class="__cf_email__" data-cfemail="6d3d3f2c2e0200000803191e2d030e180c430a021b">[email&#160;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: 3133-0193.
    Title: Joint Standards for Assessing the Diversity Policies and 
Practices.
    Type of Review: Revision of a currently approved collection.
    Abstract: Section 342 of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act of 2010 (Act) instructed each agency Office of 
Minority and Women Inclusion (OMWI) director to develop standards for 
assessing the diversity policies and practices of entities regulated by 
each agency. The Agencies worked together to develop joint standards 
and publish a policy statement in the Federal Register. The Policy 
Statement contains a collection of information. The NCUA 15004, 
``Annual Voluntary Credit Union Diversity Self-Assessment,'' can be 
used by federally insured credit unions to perform their assessment and 
to submit information to NCUA.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Number of Respondents: 500.
    Estimated Number of Responses per Respondent: 1.
    Estimated Total Annual Responses: 500.
    Estimated Hours per Response: 2.
    Estimated Total Annual Burden Hours: 1,000.
    Reason for Change: The number of respondents increased, and the 
annual burden hours decreased.
    OMB Number: 3133-0092.
    Title: Loans to Members and Lines of Credit to Members, 12 CFR 
701.21 and Apx. B to 741.
    Type of Review: Revision of a currently approved collection.
    Abstract: Section 107(5) of the Federal Credit Union Act authorizes 
Federal Credit Unions (FCU) to make loans to members and issue lines of 
credit (including credit cards) to members. Section 701.21 governs the 
requirements related to loans to members and lines of credit to members 
for FCUs. Additionally, Part 741 established requirements for all 
federally insured credit unions (both Federal and state charters) 
related to loans to members and lines of credit union members. NCUA 
reviews the information collections to ensure compliance with 
applicable regulations and laws, and to assess the safety and soundness 
of the credit union's lending program.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Number of Respondents: 4,533.
    Estimated Number of Responses per Respondent: 39.89.
    Estimated Total Annual Responses: 180,824.
    Estimated Hours per Response: 0.090380702.
    Estimated Total Annual Burden Hours: 16,343.
    Reason for Change: The number of respondents decreased, and the 
estimated annual burden hours decreased.
    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 
performance 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 the National Credit Union Administration Board.
Melane Conyers-Ausbrooks,
Secretary of the Board.
[FR Doc. 2024-21916 Filed 9-24-24; 8:45 am]
BILLING CODE 7535-01-P


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Indexed from Federal Register on September 25, 2024.

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