[Federal Register Volume 81, Number 117 (Friday, June 17, 2016)]
[Notices]
[Page 39719]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-14395]
=======================================================================
-----------------------------------------------------------------------
NATIONAL CREDIT UNION ADMINISTRATION
Agency Information Collection Activities: Proposed Collection;
Comment Request; Call Report and Credit Union Profile
AGENCY: National Credit Union Administration (NCUA).
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: NCUA, as part of a continuing effort to reduce paperwork and
respondent burden, invites the general public and other Federal
agencies to comment on a revision of a previously approved collection,
as required by the Paperwork Reduction Act of 1995 (Pub. L. 104-13, 44
U.S.C. Chapter 35).
DATES: Written comments should be received on or before August 16, 2016
to be assured consideration.
ADDRESSES: Interested persons are invited to submit written comments on
the information collection to Dawn Wolfgang, National Credit Union
Administration, 1775 Duke Street, Alexandria, Virginia 22314; Fax No.
703-519-8579; or Email at [email protected].
FOR FURTHER INFORMATION CONTACT: Requests for additional information
should be directed to the address above.
SUPPLEMENTARY INFORMATION:
OMB Number: 3133-0004.
Title: NCUA Call Report and Profile.
Form: NCUA Forms 5300 and 4501A.
Abstract: Sections 106 and 202 of the Federal Credit Union Act
require federally insured credit unions to make financial reports to
the NCUA. Section 741.6 prescribes the method in which federally
insured credit unions must submit this information to NCUA. NCUA Form
5300, Call Report, is used to file quarterly financial and statistical
data and NCUA Form 4501A, Credit Union Profile, is used to obtain non-
financial data relevant to regulation and supervision such as the names
of senior management and volunteer officials, and are reported through
NCUA's on-line portal, Credit Unions Online.
This information collection is being revised to remove data
elements associated with the reporting of Credit Union Service
Organizations (CUSO). In early 2016, reporting of CUSOs was conducted
separately from the Call Report and Profile through the new CUSO
Registry portal (OMB No. 3133-0149). To eliminate duplicate reporting
and reduce the burden associated with this collection, NCUA is removing
the CUSO identification section from the Call Report and reporting of
CUSO usage from the Profile.
Type of Review: Revision of a previously approved collection.
Affected Public: Private Sector: Not-for-profit institutions.
Estimated Number of Respondents: 6,021.
Estimated Number of Responses per Respondent: 4.
Estimated Annual Responses: 24,084.
Estimated Burden Hours per Response: 6.
Estimated Total Annual Burden Hours: 144,504.
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
execution 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 Gerard Poliquin, Secretary of the Board, the National Credit
Union Administration, on June 14, 2016.
Dated: June 14, 2016.
Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2016-14395 Filed 6-16-16; 8:45 am]
BILLING CODE 7535-01-P