Agency Information Collection Activities: Submission to OMB for Reinstatement, Without Change, of a Previously Approved Collection; Comment Request, 43231-43232 [2013-17347]

Download as PDF Federal Register / Vol. 78, No. 139 / Friday, July 19, 2013 / Notices Your comments should address: (a) The necessity of the information collection for the proper performance of NCUA, including whether the information will have practical utility; (b) the accuracy of our estimate of the burden (hours and cost) of the collection of information, including the validity of the methodology and assumptions used; (c) ways we could enhance the quality, utility, and clarity of the information to be collected; and (d) ways we could minimize the burden of the collection of the information on the respondents such as through the use of automated collection techniques or other forms of information technology. It is NCUA’s policy to make all comments available to the public for review. II. Data Title: 12 CFR Part 748, Security Program and Appendix B. OMB Number: 3133–0033. Form Number: None. Type of Review: Third party disclosure, and reporting, on occasion. Description: 12 CFR Part 748 requires federally insured credit unions to develop a written security program to safeguard sensitive member information. This information collection requires that such programs be designed to respond to incidents of unauthorized access or use, in order to prevent substantial harm or serious inconvenience to members. Respondents: Federally insured credit unions. Estimated No. of Respondents/Record keepers: 6,753. Estimated Burden Hours per Response: 20 hours. Frequency of Response: On occasion. Estimated Total Annual Burden Hours: 138,300 hours. Estimated Total Annual Cost: None. By the National Credit Union Administration Board on July 15, 2013. Mary Rupp, Secretary of the Board. [FR Doc. 2013–17353 Filed 7–18–13; 8:45 am] BILLING CODE 7535–01–P emcdonald on DSK67QTVN1PROD with NOTICES NATIONAL CREDIT UNION ADMINISTRATION Agency Information Collection Activities: Submission to OMB for Reinstatement, Without Change, of a Previously Approved Collection; Comment Request National Credit Union Administration (NCUA). ACTION: Request for comment. AGENCY: The NCUA intends to submit the following information collection to SUMMARY: VerDate Mar<15>2010 15:33 Jul 18, 2013 Jkt 229001 the Office of Management and Budget (OMB) for review and clearance under the Paperwork Reduction Act of 1995 (Pub. L. 104–13, 44 U.S.C. chapter 35). This information collection is published to obtain comments from the public. Section 701.32 of the NCUA Rules and Regulations (12 CFR 701) limits nonmember and public unit deposits in federally insured credit unions to 20 percent of their shares or $3.0 million, whichever is greater. DATES: Comments will be accepted until September 17, 2013. ADDRESSES: Interested parties are invited to submit written comments to the NCUA Contact and the OMB Reviewer listed below: NCUA Contact: Tracy Crews, National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314–3428, Fax No. 703–837–2861, Email: OCIOPRA@ncua.gov. OMB Contact: Office of Management and Budget, ATTN: Desk Officer for the National Credit Union Administration, Office of Information and Regulatory Affairs, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Requests for additional information, a copy of the information collection request, or a copy of submitted comments should be directed to Tracy Crews at the National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314–3428, or at (703) 518–6444. SUPPLEMENTARY INFORMATION: I. Abstract and Request for Comments NCUA is reinstating the collection for 3133–0114. The collection of information requirement is that those credit unions seeking an exemption from the nonmember deposit limit must adopt a specific written plan and submit their lending and investment policies, a copy of their latest financial statement, and an explanation of the request to the NCUA Regional Director. NCUA uses this information to determine whether a particular credit union will be granted an exemption to the limit on nonmember and public unit deposits. This collection of information is necessary to protect the National Credit Union Share Insurance Fund (‘‘Fund’’). There is no change to the burden hours from previous submissions. The NCUA requests that you send your comments on this collection to the location listed in the addresses section. Your comments should address: (a) The necessity of the information collection for the proper performance of NCUA, including whether the information will have practical utility; (b) the accuracy of our estimate of the burden (hours and PO 00000 Frm 00092 Fmt 4703 Sfmt 4703 43231 cost) of the collection of information, including the validity of the methodology and assumptions used; (c) ways we could enhance the quality, utility, and clarity of the information to be collected; and (d) ways we could minimize the burden of the collection of the information on the respondents such as through the use of automated collection techniques or other forms of information technology. It is NCUA’s policy to make all comments available to the public for review. II. Data Title: Payment on Shares by Public Units and Nonmembers. OMB Number: 3133–0114. Form Number: None. Type of Review: Reinstatement, without change, of a previously approved collection. Description: 5 CFR 701.32 limits nonmember and public unit deposits in federally insured credit unions to 20 percent of their shares or $3.0 million, whichever is greater. The collection of information requirement is for those credit unions seeking an exemption from the above limit. Respondents: Credit Unions seeking an exemption from the limits on share deposits by public unit and nonmember accounts set by 5 CFR 701.32. Estimated No. of Respondents/ Recordkeepers: 20. Estimated Burden Hours per Response: 2 hours. Frequency of Response: Other. As exemption is requested. Estimated Total Annual Burden Hours: 40. Estimated Total Annual Cost: $1,240. By the National Credit Union Administration Board on July 15, 2013. Mary Rupp, Secretary of the Board. [FR Doc. 2013–17340 Filed 7–18–13; 8:45 am] BILLING CODE 7535–01–P NATIONAL CREDIT UNION ADMINISTRATION Agency Information Collection Activities: Submission to OMB for Reinstatement, Without Change, of a Previously Approved Collection; Comment Request National Credit Union Administration (NCUA). ACTION: Request for comment. AGENCY: The NCUA intends to submit the following information collection to the Office of Management and Budget (OMB) for review and clearance under the Paperwork Reduction Act of 1995 SUMMARY: E:\FR\FM\19JYN1.SGM 19JYN1 43232 Federal Register / Vol. 78, No. 139 / Friday, July 19, 2013 / Notices emcdonald on DSK67QTVN1PROD with NOTICES (Pub. L. 104–13, 44 U.S.C. Chapter 35). This information collection relates to 12 CFR part 713 which requires a federal credit union (FCU) to monitor its eligibility to qualify for a higher fidelity coverage deductible and to notify the NCUA if its financial condition changes resulting in the loss of that eligibility for the higher deductible. This information collection notice is published to obtain comments from the public. This requirement enables NCUA to monitor the FCU’s financial condition for safety and soundness purposes and helps to assure that FCUs are properly and adequately protected against potential losses due to insider abuse such as fraud and embezzlement. DATES: Comments will be accepted until September 17, 2013. ADDRESSES: Interested parties are invited to submit written comments to the NCUA Contact and the OMB Reviewer listed below: NCUA Contact: Tracy Crews, National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314–3428, Fax No. 703–837–2861, Email: OCIOPRA@ncua.gov. OMB Contact: Office of Management and Budget, ATTN: Desk Officer for the National Credit Union Administration, Office of Information and Regulatory Affairs, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Requests for additional information, a copy of the information collection request, or a copy of submitted comments should be directed to Tracy Crews at the National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314–3428, or at (703) 518–6444. SUPPLEMENTARY INFORMATION: I. Abstract and Request for Comments NCUA is reinstating a previously approved collection of information for 3133–0170. The regulation calls for an FCU that ceases to meet eligibility requirements for the higher deductible to obtain a policy with the required coverage and to notify the appropriate NCUA regional office of its changed status. The notice must also confirm that the FCU has obtained the required coverage. The information will be used by the regional office in its efforts to monitor credit unions for safe and sound operations and is critically important in helping to avert or minimize losses to the National Credit Union Share Insurance Fund (NCUSIF). The NCUSIF provides federally guaranteed account insurance for all federally insured credit unions. Adequate insurance coverage can avert a credit union from failing due to VerDate Mar<15>2010 15:33 Jul 18, 2013 Jkt 229001 insolvency; alternatively, where insolvency and failure do occur, the NCUA, in its capacity as receiver for the failed FCU, can recoup some of its losses through a claim under an insurance policy. The NCUA requests that you send your comments on this collection to the location listed in the addresses section. Your comments should address: (a) The necessity of the information collection for the proper performance of NCUA, including whether the information will have practical utility; (b) the accuracy of our estimate of the burden (hours and cost) of the collection of information, including the validity of the methodology and assumptions used; (c) ways we could enhance the quality, utility, and clarity of the information to be collected; and (d) ways we could minimize the burden of the collection of the information on the respondents such as through the use of automated collection techniques or other forms of information technology. It is NCUA’s policy to make all comments available to the public for review. II. Data Title: 12 CFR part 713, Fidelity Bond and Insurance Coverage for Federal Credit Unions. OMB Number: 3133–0170. Form Number: None. Type of Review: Reinstatement, without change, of a previously approved collection. Description: The regulation in 12 CFR part 713, details the requirements for FCU compliance regarding fidelity bond and insurance coverage. The regulation includes instructions for those FCUs that no longer qualify for a higher deductible. Respondents: Federal credit unions. Estimated No. of Respondents/ Recordkeepers: 5. Estimated Burden Hours per Response: 1 hour. Frequency of Response: On occasion. Estimated Total Annual Burden Hours: 5 hours. Estimated Total Annual Cost: None. By the National Credit Union Administration Board, on July 15, 2013. Mary Rupp, Secretary of the Board. [FR Doc. 2013–17347 Filed 7–18–13; 8:45 am] BILLING CODE 7535–01–P PO 00000 Frm 00093 Fmt 4703 Sfmt 4703 NATIONAL CREDIT UNION ADMINISTRATION Agency Information Collection Activities: Submission to OMB for Reinstatement, With Change, of a Previously Approved Collection; Comment Request National Credit Union Administration (NCUA). ACTION: Request for comment. AGENCY: The NCUA intends to submit the following information collection to the Office of Management and Budget (OMB) for review and clearance under the Paperwork Reduction Act of 1995 (Pub. L. 104–13, 44 U.S.C. Chapter 35). The information collection relates to requests for non-public records and for testimony by NCUA employees in legal proceedings. This information collection notice is published to obtain comments from the public. DATES: Comments will be accepted until September 17, 2013. ADDRESSES: Interested parties are invited to submit written comments to the NCUA Contact and the OMB Reviewer listed below: NCUA Contact: Tracy Crews, National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314–3428, Fax No. 703–837–2861, Email: OCIOPRA@ncua.gov. OMB Contact: Office of Management and Budget, ATTN: Desk Officer for the National Credit Union Administration, Office of Information and Regulatory Affairs, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Requests for additional information, a copy of the information collection request, or a copy of submitted comments should be directed to Tracy Crews at the National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314–3428, or at (703) 518–6444. SUPPLEMENTARY INFORMATION: SUMMARY: I. Abstract and Request for Comments NCUA is reinstating a previously approved collection of information for 3133–0146. 12 CFR Part 792, Subpart C requires anyone requesting NCUA nonpublic 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 the NCUA decide whether to release non-public records or permit employees to testify in legal proceedings. E:\FR\FM\19JYN1.SGM 19JYN1

Agencies

[Federal Register Volume 78, Number 139 (Friday, July 19, 2013)]
[Notices]
[Pages 43231-43232]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-17347]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Submission to OMB for 
Reinstatement, Without Change, of a Previously Approved Collection; 
Comment Request

AGENCY: National Credit Union Administration (NCUA).

ACTION: Request for comment.

-----------------------------------------------------------------------

SUMMARY: The NCUA intends to submit the following information 
collection to the Office of Management and Budget (OMB) for review and 
clearance under the Paperwork Reduction Act of 1995

[[Page 43232]]

(Pub. L. 104-13, 44 U.S.C. Chapter 35). This information collection 
relates to 12 CFR part 713 which requires a federal credit union (FCU) 
to monitor its eligibility to qualify for a higher fidelity coverage 
deductible and to notify the NCUA if its financial condition changes 
resulting in the loss of that eligibility for the higher deductible. 
This information collection notice is published to obtain comments from 
the public. This requirement enables NCUA to monitor the FCU's 
financial condition for safety and soundness purposes and helps to 
assure that FCUs are properly and adequately protected against 
potential losses due to insider abuse such as fraud and embezzlement.

DATES: Comments will be accepted until September 17, 2013.

ADDRESSES: Interested parties are invited to submit written comments to 
the NCUA Contact and the OMB Reviewer listed below:
    NCUA Contact: Tracy Crews, National Credit Union Administration, 
1775 Duke Street, Alexandria, Virginia 22314-3428, Fax No. 703-837-
2861, Email: OCIOPRA@ncua.gov.
    OMB Contact: Office of Management and Budget, ATTN: Desk Officer 
for the National Credit Union Administration, Office of Information and 
Regulatory Affairs, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Requests for additional information, a 
copy of the information collection request, or a copy of submitted 
comments should be directed to Tracy Crews at the National Credit Union 
Administration, 1775 Duke Street, Alexandria, VA 22314-3428, or at 
(703) 518-6444.

SUPPLEMENTARY INFORMATION:

I. Abstract and Request for Comments

    NCUA is reinstating a previously approved collection of information 
for 3133-0170. The regulation calls for an FCU that ceases to meet 
eligibility requirements for the higher deductible to obtain a policy 
with the required coverage and to notify the appropriate NCUA regional 
office of its changed status. The notice must also confirm that the FCU 
has obtained the required coverage. The information will be used by the 
regional office in its efforts to monitor credit unions for safe and 
sound operations and is critically important in helping to avert or 
minimize losses to the National Credit Union Share Insurance Fund 
(NCUSIF). The NCUSIF provides federally guaranteed account insurance 
for all federally insured credit unions. Adequate insurance coverage 
can avert a credit union from failing due to insolvency; alternatively, 
where insolvency and failure do occur, the NCUA, in its capacity as 
receiver for the failed FCU, can recoup some of its losses through a 
claim under an insurance policy.
    The NCUA requests that you send your comments on this collection to 
the location listed in the addresses section. Your comments should 
address: (a) The necessity of the information collection for the proper 
performance of NCUA, including whether the information will have 
practical utility; (b) the accuracy of our estimate of the burden 
(hours and cost) of the collection of information, including the 
validity of the methodology and assumptions used; (c) ways we could 
enhance the quality, utility, and clarity of the information to be 
collected; and (d) ways we could minimize the burden of the collection 
of the information on the respondents such as through the use of 
automated collection techniques or other forms of information 
technology. It is NCUA's policy to make all comments available to the 
public for review.

II. Data

    Title: 12 CFR part 713, Fidelity Bond and Insurance Coverage for 
Federal Credit Unions.
    OMB Number: 3133-0170.
    Form Number: None.
    Type of Review: Reinstatement, without change, of a previously 
approved collection.
    Description: The regulation in 12 CFR part 713, details the 
requirements for FCU compliance regarding fidelity bond and insurance 
coverage. The regulation includes instructions for those FCUs that no 
longer qualify for a higher deductible.
    Respondents: Federal credit unions.
    Estimated No. of Respondents/Recordkeepers: 5.
    Estimated Burden Hours per Response: 1 hour.
    Frequency of Response: On occasion.
    Estimated Total Annual Burden Hours: 5 hours.
    Estimated Total Annual Cost: None.

    By the National Credit Union Administration Board, on July 15, 
2013.
Mary Rupp,
Secretary of the Board.
[FR Doc. 2013-17347 Filed 7-18-13; 8:45 am]
BILLING CODE 7535-01-P