81_FR_17801 81 FR 17740 - Agency Information Collection Activities: Proposed Collection; Comment Request; Investment and Deposit Activities

81 FR 17740 - Agency Information Collection Activities: Proposed Collection; Comment Request; Investment and Deposit Activities

NATIONAL CREDIT UNION ADMINISTRATION

Federal Register Volume 81, Issue 61 (March 30, 2016)

Page Range17740-17740
FR Document2016-07123

NCUA, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on a 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).

Federal Register, Volume 81 Issue 61 (Wednesday, March 30, 2016) 
[Federal Register Volume 81, Number 61 (Wednesday, March 30, 2016)]
[Notices]
[Page 17740]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-07123]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Proposed Collection; 
Comment Request; Investment and Deposit Activities

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 a 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).

DATES: Written comments should be received on or before May 31, 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 22314-3428; 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: 3133-0133.
    Title: Investment and Deposit Activities, 12 CFR part 703.
    Abstract: The National Credit Union Administration (NCUA) Federal 
Credit Union Act, 12 U.S.C. 1757(7), 1757(8), 1757(15), lists 
securities, deposits, and other obligations in which a Federal Credit 
Union (FCU) may invest. The regulations related to these areas are 
contained in Part 703 and Section 721.3 of the NCUA Rules and 
Regulations. These regulations also set forth requirements related to 
maintaining an adequate investment program, including several required 
reporting areas.
    The information collected is used by the NCUA to determine 
compliance with the appropriate sections of the NCUA Rules and 
Regulations and Federal Credit Union Act, which governs investment and 
deposit activities on the basis of safety and soundness concerns. It is 
used to determine the level of risk that exists within a credit union, 
the actions taken by the credit union to mitigate such risk, and helps 
prevent losses to federal credit unions and the National Credit Union 
Share Insurance Fund (NCUSIF).
    Type of Review: Reinstatement with change of a previously approved 
collection.
    Affected Public: Federal credit unions.
    Estimated No. of Respondents/Recordkeepers: 3,899.
    Frequency of Response: Upon occurrence of triggering action.
    Estimated Burden Hours per Response: Avg. time per response for 
information collection requirements prescribed under Subpart A: 0.55; 
Subpart B: 6.96.
    Estimated Total Annual Burden Hours: 211,935.

    Reason for Change: The number of respondents have decreased 
(Subpart A) due to an adjustment in the number of FCUs, decreasing the 
total burden, and increases in the number of responses are attributed 
to adjustments to reflect actual program activity. Program changes are 
attributed to new information collection requirements prescribed by 
Subpart B.
    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.

    By Gerard Poliquin, Secretary of the Board, the National Credit 
Union Administration, on March 23, 2016.

    Dated: March 24, 2016.

Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2016-07123 Filed 3-29-16; 8:45 am]
BILLING CODE 7535-01-P

17740 Federal Register / Vol. 81, No. 61 / Wednesday, March 30, 2016 / Notices and potential cost-saving measure for OMB Number: 3133–0133. (b) the accuracy of the agency’s estimate agencies. Title: Investment and Deposit of the burden of the collection of Procedures: The meeting is open to Activities, 12 CFR part 703. information, including the validity of the public. Due to space limitations and Abstract: The National Credit Union the methodology and assumptions used; access procedures, you must register in Administration (NCUA) Federal Credit (c) ways to enhance the quality, utility, advance if you wish to attend the Union Act, 12 U.S.C. 1757(7), 1757(8), and clarity of the information to be meeting. You will also go through 1757(15), lists securities, deposits, and collected; and (d) ways to minimize the security screening when you enter the other obligations in which a Federal burden of the collection of the building. Seating in the meeting room is Credit Union (FCU) may invest. The information on the respondents, limited and will be available on a first- regulations related to these areas are including the use of automated come, first-served basis. Registration for contained in Part 703 and Section 721.3 collection techniques or other forms of the meeting will go live via Eventbrite of the NCUA Rules and Regulations. information technology. on April 4, 2016 at 10:00 a.m. EDT. To These regulations also set forth By Gerard Poliquin, Secretary of the Board, register for the meeting, please do so at requirements related to maintaining an the National Credit Union Administration, on this Eventbrite link: http:// adequate investment program, including March 23, 2016. www.eventbrite.com/e/freedom-of- several required reporting areas. Dated: March 24, 2016. information-act-foia-advisory- The information collected is used by Dawn D. Wolfgang, committee-meeting-registration- the NCUA to determine compliance 22044174720. Members of the media with the appropriate sections of the NCUA PRA Clearance Officer. who wish to register, those who are NCUA Rules and Regulations and [FR Doc. 2016–07123 Filed 3–29–16; 8:45 am] unable to register online, and those who Federal Credit Union Act, which BILLING CODE 7535–01–P require special accommodations, should governs investment and deposit contact Christa Lemelin at the phone activities on the basis of safety and number, mailing address, or email soundness concerns. It is used to NUCLEAR REGULATORY address listed above. determine the level of risk that exists COMMISSION Dated: March 23, 2016. within a credit union, the actions taken [NRC–2016–0068] Patrice Little Murray, by the credit union to mitigate such risk, Committee Management Officer. and helps prevent losses to federal Integrated Action Plan To Modernize credit unions and the National Credit Digital Instrumentation and Controls [FR Doc. 2016–07145 Filed 3–29–16; 8:45 am] Union Share Insurance Fund (NCUSIF). Regulatory Infrastructure BILLING CODE 7515–01–P Type of Review: Reinstatement with change of a previously approved AGENCY: Nuclear Regulatory collection. Commission. NATIONAL CREDIT UNION Affected Public: Federal credit ACTION: Preliminary draft action plan; ADMINISTRATION unions. request for comment. Agency Information Collection Estimated No. of Respondents/ Recordkeepers: 3,899. SUMMARY: The U.S. Nuclear Regulatory Activities: Proposed Collection; Commission (NRC) is issuing for public Comment Request; Investment and Frequency of Response: Upon occurrence of triggering action. comment its preliminary draft action Deposit Activities plan, ‘‘Integrated Action Plan to Estimated Burden Hours per AGENCY: National Credit Union Response: Avg. time per response for Modernize Digital Instrumentation and Administration (NCUA). information collection requirements Controls Regulatory Infrastructure.’’ ACTION: Notice and request for comment. prescribed under Subpart A: 0.55; This preliminary draft action plan Subpart B: 6.96. outlines the strategy and SUMMARY: NCUA, as part of its Estimated Total Annual Burden implementation milestones the NRC continuing effort to reduce paperwork Hours: 211,935. staff has identified in order to and respondent burden, invites the modernize the NRC’s digital Reason for Change: The number of general public and other Federal instrumentation and controls (I&C) respondents have decreased (Subpart A) agencies to comment on a reinstatement regulatory infrastructure. due to an adjustment in the number of of a previously approved collection, as DATES: Submit comments by April 24, FCUs, decreasing the total burden, and required by the Paperwork Reduction 2016. Comments received after this date increases in the number of responses are Act of 1995 (Pub. L. 104–13, 44 U.S.C. will be considered if it is practical to do attributed to adjustments to reflect Chapter 35). so, but the Commission is able to ensure actual program activity. Program DATES: Written comments should be changes are attributed to new consideration only for comments received on or before May 31, 2016 to information collection requirements received before this date. be assured consideration. prescribed by Subpart B. ADDRESSES: You may submit comments ADDRESSES: Interested persons are Request for Comments: Comments by any of the following methods (unless invited to submit written comments on submitted in response to this notice will this document describes a different the information collection to Dawn be summarized and included in the method for submitting comments on a Wolfgang, National Credit Union request for Office of Management and specific subject): asabaliauskas on DSK3SPTVN1PROD with NOTICES Administration, 1775 Duke Street, Budget approval. All comments will • Federal Rulemaking Web site: Go to Alexandria, Virginia 22314–3428; Fax become a matter of public record. The http://www.regulations.gov and search No. 703–519–8579; or Email at public is invited to submit comments for Docket ID NRC–2016–0068. Address PRAComments@NCUA.gov. concerning: (a) Whether the collection questions about NRC dockets to Carol FOR FURTHER INFORMATION CONTACT: of information is necessary for the Gallagher; telephone: 301–415–3463; Requests for additional information proper performance of the function of email: Carol.Gallagher@nrc.gov. For should be directed to the address above. the agency, including whether the technical questions, contact the SUPPLEMENTARY INFORMATION: information will have practical utility; individual listed in the FOR FURTHER VerDate Sep<11>2014 18:06 Mar 29, 2016 Jkt 238001 PO 00000 Frm 00078 Fmt 4703 Sfmt 4703 E:\FR\FM\30MRN1.SGM 30MRN1


Document Created: 2016-03-30 09:28:09
Document Modified: 2016-03-30 09:28:09
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice and request for comment.
DatesWritten comments should be received on or before May 31, 2016 to be assured consideration.
ContactRequests for additional information
FR Citation81 FR 17740 
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