National Credit Union Administration November 2016 – Federal Register Recent Federal Regulation Documents

Agency Information Collection Activities: Recordkeeping and Disclosure Requirements Associated With the Fair Credit Reporting Act (FCRA), 15 U.S.C. 1681 et seq., As Amended by the Fair and Accurate Credit Transactions Act of 2003, Public Law 108-159, 117 Stat. 1952, and as Implemented by Regulation V, 12 CFR 1022, and by 12 CFR 717; Comment Request
Document Number: 2016-28659
Type: Notice
Date: 2016-11-29
Agency: National Credit Union Administration, Agencies and Commissions
NCUA, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on the submission for reinstatement of a previously approved collection, as required by the Paperwork Reduction Act of 1995 (Pub. L. 104-13, 44 U.S.C. Chapter 35). NCUA is soliciting comment on the reinstatement of the information collection described below.
Agency Information Collection Activities; Proposed Collection; Comment Request; Management Official Interlocks
Document Number: 2016-28657
Type: Notice
Date: 2016-11-29
Agency: National Credit Union Administration, Agencies and Commissions
NCUA, as part of a continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on an extension of a currently approved collection, as required by the Paperwork Reduction Act of 1995 (Pub. L. 104-13, 44 U.S.C. Chapter 35).
Agency Information Collection Activities: Recordkeeping, Reporting, and Disclosure Requirements Associated With the Truth in Lending Act (TILA), as Implemented by Regulation Z; Comment Request
Document Number: 2016-28313
Type: Notice
Date: 2016-11-25
Agency: National Credit Union Administration, Agencies and Commissions
NCUA, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on the submission for reinstatement of a previously approved collection, as required by the Paperwork Reduction Act of 1995 (Pub. L. 104-13, 44 U.S.C. Chapter 35). NCUA is soliciting comment on the reinstatement of the information collection described below.
Community Development Revolving Loan Fund
Document Number: 2016-28229
Type: Rule
Date: 2016-11-25
Agency: National Credit Union Administration, Agencies and Commissions
The NCUA Board (Board) is finalizing a rule to make several technical amendments to NCUA's rule governing the Community Development Revolving Loan Fund (CDRLF). The amendments will make the rule more succinct and improve its transparency, organization, and ease of use by credit unions.
Submission for OMB Review; Comment Request
Document Number: 2016-28266
Type: Notice
Date: 2016-11-23
Agency: National Credit Union Administration, Agencies and Commissions
The National Credit Union Administration (NCUA) will be submitting the following information collection request 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.
Privacy Act of 1974: System of Records
Document Number: 2016-27948
Type: Notice
Date: 2016-11-21
Agency: National Credit Union Administration, Agencies and Commissions
Pursuant to the Privacy Act of 1974, the National Credit Union Administration (NCUA) is proposing to establish a new system of records, and add three routine uses to NCUA's Standard Routine Uses.
Sunshine Act: Notice of Agency Meeting
Document Number: 2016-27543
Type: Notice
Date: 2016-11-15
Agency: National Credit Union Administration, Agencies and Commissions
Chartering and Field of Membership Manual
Document Number: 2016-26921
Type: Proposed Rule
Date: 2016-11-09
Agency: National Credit Union Administration, Agencies and Commissions
The NCUA Board proposes to amend its chartering and field of membership rules to give applicants for community charter approval, expansion or conversion the option, in lieu of a presumptive community, to submit a narrative to establish common interests or interaction among residents of the area it proposes to serve, thus qualifying the area as a well-defined local community. The Board also proposes to increase up to 10 million the population limit on a community consisting of a statistical area or a portion thereof. Finally, when such an area is subdivided into metropolitan divisions, the Board will permit a credit union to designate a portion of the area as its community without regard to division boundaries.
Civil Monetary Penalty Inflation Adjustment
Document Number: 2016-26712
Type: Rule
Date: 2016-11-07
Agency: National Credit Union Administration, Agencies and Commissions
On June 21, 2016, the NCUA Board (Board) published an interim final rule amending its regulations to adjust the maximum amount of each civil monetary penalty (CMP) within its jurisdiction to account for inflation. This action, including the amount of the adjustments, is required under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996 and the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. This final rule confirms those amendments while making a clarification regarding the prospective effect of the 2015 legislation.
Loans in Areas Having Special Flood Hazards-Private Flood Insurance
Document Number: 2016-26411
Type: Proposed Rule
Date: 2016-11-07
Agency: Farm Credit Administration, Agencies and Commissions, Federal Deposit Insurance Corporation, Federal Reserve System, National Credit Union Administration, Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury
The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), the Farm Credit Administration (FCA), and the National Credit Union Administration (NCUA) are issuing a new proposal to amend their regulations regarding loans in areas having special flood hazards to implement the private flood insurance provisions of the Biggert-Waters Flood Insurance Reform Act of 2012 (Biggert-Waters Act). Specifically, the proposed rule would require regulated lending institutions to accept policies that meet the statutory definition of private flood insurance in the Biggert-Waters Act and permit regulated lending institutions to accept flood insurance provided by private insurers that does not meet the statutory definition of ``private flood insurance'' on a discretionary basis, subject to certain restrictions.
Office Name Change
Document Number: 2016-26495
Type: Rule
Date: 2016-11-03
Agency: National Credit Union Administration, Agencies and Commissions
The NCUA Board (``Board'') is issuing a final rule to rename its Office of Consumer Protection to provide additional clarity about the function and role of the office. The new name will be the Office of Consumer Financial Protection and Access.