81 FR 39719 - Agency Information Collection Activities: Proposed Collection; Comment Request; Call Report and Credit Union Profile

NATIONAL CREDIT UNION ADMINISTRATION

Federal Register Volume 81, Issue 117 (June 17, 2016)

NCUA, as part of a continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on a revision 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, Number 117 (Friday, June 17, 2016)]
[Notices]
[Page 39719]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-14395]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Proposed Collection; 
Comment Request; Call Report and Credit Union Profile

AGENCY: National Credit Union Administration (NCUA).

ACTION: Notice and request for comment.

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SUMMARY: NCUA, as part of a continuing effort to reduce paperwork and 
respondent burden, invites the general public and other Federal 
agencies to comment on a revision 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 August 16, 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; 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: 3133-0004.
    Title: NCUA Call Report and Profile.
    Form: NCUA Forms 5300 and 4501A.
    Abstract: Sections 106 and 202 of the Federal Credit Union Act 
require federally insured credit unions to make financial reports to 
the NCUA. Section 741.6 prescribes the method in which federally 
insured credit unions must submit this information to NCUA. NCUA Form 
5300, Call Report, is used to file quarterly financial and statistical 
data and NCUA Form 4501A, Credit Union Profile, is used to obtain non-
financial data relevant to regulation and supervision such as the names 
of senior management and volunteer officials, and are reported through 
NCUA's on-line portal, Credit Unions Online.
    This information collection is being revised to remove data 
elements associated with the reporting of Credit Union Service 
Organizations (CUSO). In early 2016, reporting of CUSOs was conducted 
separately from the Call Report and Profile through the new CUSO 
Registry portal (OMB No. 3133-0149). To eliminate duplicate reporting 
and reduce the burden associated with this collection, NCUA is removing 
the CUSO identification section from the Call Report and reporting of 
CUSO usage from the Profile.
    Type of Review: Revision of a previously approved collection.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Number of Respondents: 6,021.
    Estimated Number of Responses per Respondent: 4.
    Estimated Annual Responses: 24,084.
    Estimated Burden Hours per Response: 6.
    Estimated Total Annual Burden Hours: 144,504.
    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 
execution 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 June 14, 2016.
    Dated: June 14, 2016.

Dawn D. Wolfgang,
NCUA PRA Clearance Officer.
[FR Doc. 2016-14395 Filed 6-16-16; 8:45 am]
 BILLING CODE 7535-01-P