Agency Information Collection Activities: Submission to OMB for Reinstatement, With Change, of a Previously Approved Collection; Comment Request, 59379-59380 [2013-23453]
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Federal Register / Vol. 78, No. 187 / Thursday, September 26, 2013 / Notices
account activity, in advertisements, and
upon a member or potential member’s
request. See 12 CFR 707.4, 707.5, 707.6,
707.8. Credit unions are not required to
report compliance with the statute and
regulations to NCUA, but must retain
evidence of compliance for two years
after the disclosures are required. See 12
CFR 707.9(c).
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.
tkelley on DSK3SPTVN1PROD with NOTICES
II. Data
Title: Truth in Savings.
OMB Number: 3133–0134.
Form Number: None.
Type of Review: Reinstatement, with
change, of a previously approved
collection.
Description: TISA requires depository
institutions to disclose to consumers
certain information, including interest
rates, dividends, bonuses, and fees
associated with their deposit accounts
and accompanying services. Clear and
uniform disclosures of the interest rates
payable on deposit accounts and the
fees assessable against them by
depository institutions permits
consumers to make meaningful
decisions about their finances.
Under TISA, NCUA must promulgate
regulations substantially similar to those
issued by the Consumer Financial
Protection Bureau, taking into account
the nature of credit unions. See 12
U.S.C. 4311. NCUA’s regulations
governing all credit unions are found in
12 CFR Part 707.
Respondents: Credit Unions.
Estimated No. of Respondents/
Recordkeepers: 6,859.
Estimated Burden Hours per
Response: Various.
Frequency of Response: Quarterly per
member.
Estimated Total Annual Burden
Hours: 43,456,180,359 hours.
VerDate Mar<15>2010
18:19 Sep 25, 2013
Jkt 229001
Estimated Total Annual Cost:
Inestimable.
By the National Credit Union
Administration Board on September 20,
2013.
Gerard Poliquin,
Secretary of the Board.
[FR Doc. 2013–23471 Filed 9–25–13; 8:45 am]
BILLING CODE 7535–01–P
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).
This information collection relates to 12
CFR 701.33(b)(2)(i), which requires a
federal credit union (FCU) to draft a
written reimbursement policy to ensure
that the FCU makes payments to its
director within the guidelines that the
FCU has established in advance and to
enable examiners to easily verify
compliance by comparing the policy to
the actual reimbursements.
DATES: Comments will be accepted until
October 28, 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:
PO 00000
Frm 00045
Fmt 4703
Sfmt 4703
59379
I. Abstract and Request for Comments
NCUA is reinstating the collection for
3133–0130. The information collection
is authorized under Section 120 of the
Federal Credit Union Act, 12 U.S.C.
1766(a), and Section 701.33(b)(2)(i) of
NCUA Rules and Regulations. The
information collection is necessary to
obtain adequate decisions in regard to
reimbursement programs and to require
internal controls for FCU boards of
directors regarding reimbursement
requirements. Overall, the reporting and
recordkeeping burdens have decreased
due to the decrease in the number of
newly chartered FCUs as well as
existing FCUs.
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: Written Reimbursement Policy.
OMB Number: 3133–0130.
Form Number: None.
Type of Review: Reinstatement, with
change, of a previously approved
collection.
Description: Each FCU must draft a
written reimbursement policy to ensure
that the FCU makes payments to its
director within the guidelines that the
FCU has established in advance and to
enable examiners to easily verify
compliance by comparing the policy to
the actual reimbursements.
Respondents: All Federal Credit
Unions.
Estimated Number of Respondents/
Recordkeepers: 4272.
Estimated Burden Hours per
Response: .5 hours.
Frequency of Response: Other—Once
and update.
Estimated Total Annual Burden
Hours: 2146.
Estimated Total Annual Cost: None.
E:\FR\FM\26SEN1.SGM
26SEN1
59380
Federal Register / Vol. 78, No. 187 / Thursday, September 26, 2013 / Notices
By the National Credit Union
Administration Board on September 20,
2013.
Gerard Poliquin,
Secretary of the Board.
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:
[FR Doc. 2013–23453 Filed 9–25–13; 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
(Pub. L. 104–13, 44 U.S.C. Chapter 35).
This information collection is published
to obtain comments from the public. 12
CFR Part 715 sets forth a credit union’s
supervisory committee’s responsibility
in meeting the audit and verification
requirements of Sections 115 and
202(a)(6) of the Federal Credit Union
Act, 12 U.S.C. 1761d and 1782(a)(6). A
supervisory committee audit is required
at least once every calendar year
covering the period since the last audit.
Also, a bi-annual verification of
members’ accounts is required. Part 715
specifies the minimum annual audit a
credit union is required to obtain
according to its charter type and asset
size, the licensing authority required of
persons performing certain audits, the
auditing principles which apply to
certain audits, and the accounting
principles which must be followed.
DATES: Comments will be accepted until
October 28, 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
tkelley on DSK3SPTVN1PROD with NOTICES
SUMMARY:
VerDate Mar<15>2010
18:19 Sep 25, 2013
Jkt 229001
I. Abstract and Request for Comments
NCUA is reinstating the collection for
3133–0059. The information is collected
by a credit union’s supervisory
committee or its designated
representative, through a supervisory
committee audit which is required at
least once every calendar year covering
the period since the last audit. 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. A written report on the audit
must be made to the board of directors
and, if requested, NCUA. Working
papers must be maintained and made
available to NCUA. The methods that
may be used for member account
verifications—100 percent verification
or statistical sampling—are set forth.
The supervisory committee must retain
a record of the account verifications.
These requirements are also applicable
to federally insured state-chartered
credit unions.
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 715, Supervisory
Committee Audits and Verifications.
OMB Number: 3133–0059.
Form Number: None.
Type of Review: Reinstatement,
without change, of a previously
approved collection.
PO 00000
Frm 00046
Fmt 4703
Sfmt 4703
Description: The rule specifies the
minimum annual audit a credit union is
required to obtain according to its
charter type and asset size, the licensing
authority required of persons
performing certain audits, the auditing
principles that apply to certain audits,
and the accounting principles that must
be followed in reports filed with the
NCUA Board.
Respondents: Federally insured credit
unions.
Estimated Number of Respondents/
Recordkeepers: 6,847.
Estimated Total Annual Responses:
19,988.
Frequency of Response: Audit
report—annually; account verification—
bi-annually.
Estimated Burden Hours per
Response: Varied.
Estimated Total Annual Burden
Hours: 30,295 hours.
Estimated Total Annual Cost: None.
By the National Credit Union
Administration Board on September 20,
2013.
Gerard Poliquin,
Secretary of the Board.
[FR Doc. 2013–23482 Filed 9–25–13; 8:45 am]
BILLING CODE 7535–01–P
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).
This information collection notice is
published to obtain comments from the
public. This collection of information is
related to NCUA’s regulation on
nondiscrimination requirements in real
estate-related lending.
DATES: Comments will be accepted until
October 28, 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.
SUMMARY:
E:\FR\FM\26SEN1.SGM
26SEN1
Agencies
[Federal Register Volume 78, Number 187 (Thursday, September 26, 2013)]
[Notices]
[Pages 59379-59380]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-23453]
-----------------------------------------------------------------------
NATIONAL CREDIT UNION ADMINISTRATION
Agency Information Collection Activities: Submission to OMB for
Reinstatement, With 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 (Pub. L. 104-13, 44
U.S.C. Chapter 35). This information collection relates to 12 CFR
701.33(b)(2)(i), which requires a federal credit union (FCU) to draft a
written reimbursement policy to ensure that the FCU makes payments to
its director within the guidelines that the FCU has established in
advance and to enable examiners to easily verify compliance by
comparing the policy to the actual reimbursements.
DATES: Comments will be accepted until October 28, 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 3133-0130. The information
collection is authorized under Section 120 of the Federal Credit Union
Act, 12 U.S.C. 1766(a), and Section 701.33(b)(2)(i) of NCUA Rules and
Regulations. The information collection is necessary to obtain adequate
decisions in regard to reimbursement programs and to require internal
controls for FCU boards of directors regarding reimbursement
requirements. Overall, the reporting and recordkeeping burdens have
decreased due to the decrease in the number of newly chartered FCUs as
well as existing FCUs.
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: Written Reimbursement Policy.
OMB Number: 3133-0130.
Form Number: None.
Type of Review: Reinstatement, with change, of a previously
approved collection.
Description: Each FCU must draft a written reimbursement policy to
ensure that the FCU makes payments to its director within the
guidelines that the FCU has established in advance and to enable
examiners to easily verify compliance by comparing the policy to the
actual reimbursements.
Respondents: All Federal Credit Unions.
Estimated Number of Respondents/Recordkeepers: 4272.
Estimated Burden Hours per Response: .5 hours.
Frequency of Response: Other--Once and update.
Estimated Total Annual Burden Hours: 2146.
Estimated Total Annual Cost: None.
[[Page 59380]]
By the National Credit Union Administration Board on September
20, 2013.
Gerard Poliquin,
Secretary of the Board.
[FR Doc. 2013-23453 Filed 9-25-13; 8:45 am]
BILLING CODE 7535-01-P