Agency Information Collection Activities: Proposed Collection; Comment Request; Member Inspection of Credit Union Books, Records, and Minutes, 71542 [2016-25035]

Download as PDF 71542 Federal Register / Vol. 81, No. 200 / Monday, October 17, 2016 / Notices (c) the agency’s performance in meeting its established release schedule and the prompt release objective of this Directive; (d) the agency’s ability to avoid disclosure prior to the scheduled release time; (e) any additional issues (such as periodicity, electronic access, etc.) that the Administrator for Information and Regulatory Affairs specifies in writing to the agency at least 6 months in advance of the scheduled submission date. The evaluation will be reviewed by the Administrator to determine whether the statistical products are prepared and published in conformity with OMB statistical policies, standards, and guidelines. A summary of the year’s evaluations and their reviews will be included in the annual report to Congress required by the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. 3504(e)). [FR Doc. 2016–25049 Filed 10–14–16; 8:45 am] BILLING CODE P NATIONAL CREDIT UNION ADMINISTRATION Agency Information Collection Activities: Proposed Collection; Comment Request; Member Inspection of Credit Union Books, Records, and Minutes National Credit Union Administration (NCUA). ACTION: Notice and request for comment. AGENCY: NCUA, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on an extension of a previously approved collection, as required by the Paperwork Reduction Act of 1995. DATES: Written comments should be received on or before December 16, 2016 to be assured consideration. ADDRESSES: Interested persons are invited to submit written comments on the information collection to Troy Hillier, National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314; Fax No. 703–519–8579; or Email at PRAComments@NCUA.gov FOR FURTHER INFORMATION CONTACT: Requests for additional information should be directed to the address above. SUPPLEMENTARY INFORMATION: OMB Number: 3133–0176. Title: Member Inspection of Credit Union Books, Records, and Minutes. Abstract 12 CFR 701.3 establishes the circumstances and conditions under jstallworth on DSK7TPTVN1PROD with NOTICES SUMMARY: VerDate Sep<11>2014 14:22 Oct 14, 2016 Jkt 241001 which Federal credit union (FCU) members may inspect and copy the FCU’s books, records, and minutes of meetings. The collection of information requirements apply to FCU members seeking inspection and copying of the FCU’s records and FCUs that receive such member requests. To obtain access to records, members are required to submit a petition to the FCU, stating a proper purpose for inspection and signed by at least one percent of the members, with a minimum of 20 and a maximum of 500 members. The FCU must permit inspection of relevant records if it receives such a petition. Because most of the information exchanged under this regulation is between credit unions and their members, NCUA is not made aware of the requests covered under this regulation unless there is a dispute. We assume that instances of formal petitions being filed to request inspection of records is a fairly rare event. For purposes of estimating burden, we assume no more than five such petitions are filed each year. Type of Review: Extension of a previously approved collection. Affected Public: Individuals and Households and Private Sector: Not-forprofit institutions. Estimated Number of Respondents/ Recordkeepers: 10. Estimated Annual Frequency: 5. Estimated Annual Number of Responses: 12. Estimated Total Annual Burden Hours: 380. This is an extension without changes of a previously approved collection. The adjustments in burden estimates are attributable to the inclusion of FCU members as respondents and the inclusion of costs associated with potential dispute resolution. 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 PO 00000 Frm 00068 Fmt 4703 Sfmt 4703 collection techniques or other forms of information technology. Authority: Public Law 104–13, 44 U.S.C. Chapter 35 By Gerard Poliquin, Secretary of the Board, the National Credit Union Administration, on October 12, 2016. Dated: October 12, 2016. Troy S. Hillier, NCUA PRA Clearance Officer. [FR Doc. 2016–25035 Filed 10–14–16; 8:45 am] BILLING CODE 7535–01–P NATIONAL CREDIT UNION ADMINISTRATION Submission for OMB Review; Comment Request National Credit Union Administration (NCUA). ACTION: Notice. AGENCY: The National Credit Union Administration (NCUA) will be submitting 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, Public Law 104–13, on or after the date of publication of this notice. DATES: Comments should be received on or before November 16, 2016 to be assured of consideration. ADDRESSES: Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestions for reducing the burden, to (1) Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for NCUA, New Executive Office Building, Room 10235, Washington, DC 20503, or email at OIRA_Submission@ OMB.EOP.gov and (2) NCUA PRA Clearance Officer, 1775 Duke Street, Alexandria, VA 22314, Suite 5067, or email at PRAComments@ncua.gov. FOR FURTHER INFORMATION CONTACT: Copies of the submission may be obtained by emailing PRAComments@ ncua.gov or viewing the entire information collection request at www.reginfo.gov. SUMMARY: SUPPLEMENTARY INFORMATION: OMB Number: 3133–0098. Type of Review: Reinstatement of a previously approved collection. Title: Advertising of Excess Insurance, 12 CFR 740.3. Abstract: Requirements of 12 CFR 740.3, Advertising of excess insurance, prescribes that federally insured credit unions must disclose in advertising the share or savings account insurance provided by a party other than NCUA. E:\FR\FM\17OCN1.SGM 17OCN1

Agencies

[Federal Register Volume 81, Number 200 (Monday, October 17, 2016)]
[Notices]
[Page 71542]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-25035]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Proposed Collection; 
Comment Request; Member Inspection of Credit Union Books, Records, and 
Minutes

AGENCY: National Credit Union Administration (NCUA).

ACTION: Notice and request for comment.

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SUMMARY: NCUA, as part of its continuing effort to reduce paperwork and 
respondent burden, invites the general public and other Federal 
agencies to comment on an extension of a previously approved 
collection, as required by the Paperwork Reduction Act of 1995.

DATES: Written comments should be received on or before December 16, 
2016 to be assured consideration.

ADDRESSES: Interested persons are invited to submit written comments on 
the information collection to Troy Hillier, National Credit Union 
Administration, 1775 Duke Street, Alexandria, Virginia 22314; Fax No. 
703-519-8579; or Email at PRAComments@NCUA.gov

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to the address above.

SUPPLEMENTARY INFORMATION: 
    OMB Number: 3133-0176.
    Title: Member Inspection of Credit Union Books, Records, and 
Minutes.
    Abstract 12 CFR 701.3 establishes the circumstances and conditions 
under which Federal credit union (FCU) members may inspect and copy the 
FCU's books, records, and minutes of meetings. The collection of 
information requirements apply to FCU members seeking inspection and 
copying of the FCU's records and FCUs that receive such member 
requests. To obtain access to records, members are required to submit a 
petition to the FCU, stating a proper purpose for inspection and signed 
by at least one percent of the members, with a minimum of 20 and a 
maximum of 500 members. The FCU must permit inspection of relevant 
records if it receives such a petition.
    Because most of the information exchanged under this regulation is 
between credit unions and their members, NCUA is not made aware of the 
requests covered under this regulation unless there is a dispute. We 
assume that instances of formal petitions being filed to request 
inspection of records is a fairly rare event. For purposes of 
estimating burden, we assume no more than five such petitions are filed 
each year.
    Type of Review: Extension of a previously approved collection.
    Affected Public: Individuals and Households and Private Sector: 
Not-for-profit institutions.
    Estimated Number of Respondents/Recordkeepers: 10.
    Estimated Annual Frequency: 5.
    Estimated Annual Number of Responses: 12.
    Estimated Total Annual Burden Hours: 380.
    This is an extension without changes of a previously approved 
collection. The adjustments in burden estimates are attributable to the 
inclusion of FCU members as respondents and the inclusion of costs 
associated with potential dispute resolution.
    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.

    Authority:  Public Law 104-13, 44 U.S.C. Chapter 35

    By Gerard Poliquin, Secretary of the Board, the National Credit 
Union Administration, on October 12, 2016.
    Dated: October 12, 2016.
Troy S. Hillier,
NCUA PRA Clearance Officer.
[FR Doc. 2016-25035 Filed 10-14-16; 8:45 am]
 BILLING CODE 7535-01-P