Proposed New and Renewal of Agency Information Collections; Request for Comments

[Federal Register Volume 91, Number 73 (Thursday, April 16, 2026)]
[Notices]
[Pages 20504-20505]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2026-07415]


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NATIONAL CREDIT UNION ADMINISTRATION


Proposed New and Renewal of Agency Information Collections; 
Request for Comments

AGENCY: National Credit Union Administration (NCUA).

ACTION: Notice of submission to the Office of Management and Budget.

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SUMMARY: As required by the Paperwork Reduction Act of 1995, The 
National Credit Union Administration (NCUA) is submitting the following 
extensions and revisions of currently approved collections to the 
Office of Management and Budget (OMB) for renewal.

DATES: Written comments should be received on or before May 18, 2026 to 
be assured consideration.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.

FOR FURTHER INFORMATION CONTACT: Copies of the submission may be 
obtained by contacting Dacia Rogers at (703) 518-6547, emailing 
PRAComments@ncua.gov, or viewing the entire information collection 
request at www.reginfo.gov.

SUPPLEMENTARY INFORMATION: 
    OMB Number: 3133-0024.
    Title: Mergers of Federally-Insured Credit Unions; Voluntary 
Termination or Conversion of Insured Status, 12 CFR 708b.
    Type of Review: Extension of a previously approved collection.
    Abstract: The Federal Credit Union Act requires written approval of 
the NCUA Board before one or more federally-insured credit unions merge 
or before a federally-insured credit union converts to nonfederal 
(private) share insurance or terminates federal share insurance and 
authorizes the NCUA Board to prescribe rules regarding mergers of 
federally-insured credit unions and changes in insured status. Part 
708b of NCUA's rules sets forth the procedural and disclosure 
requirements for mergers of federally-insured credit unions, 
conversions from federal share insurance to nonfederal insurance, and 
federal share insurance terminations.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Number of Respondents: 163.
    Estimated Number of Responses per Respondent: 6.
    Estimated Total Annual Responses: 975.
    Estimated Hours per Response: 5.5.
    Estimated Total Annual Burden Hours: 5,322.
    Reason for Change: Number of respondents for Share Insurance 
Conversions decreased.
    OMB Number: 3133-0163.
    Title: Privacy of Consumer Financial Information, Regulation P, 12 
CFR part 1016.
    Type of Review: Extension of a previously approved collection.
    Abstract: Regulation P (12 CFR part 1016) requires credit unions to 
disclose its privacy policies to customers as well as offer customers a 
reasonable opportunity to opt out-in whole or in part-of those policies 
to further restrict the release of their personal financial information 
to nonaffiliated third parties. Credit unions are required to provide 
an initial privacy notice to customers that is clear and conspicuous, 
an annual notice of the privacy policies and practices of the 
institution, a revised notice to customers if triggered by specific 
changes to the existing policy, and a notice of the right of the 
customer to opt out of the institution's information sharing practices. 
Consumers who choose to exercise their opt-out right document this 
choice by returning an opt-out form or other permissible method. This 
information collection is needed to evidence compliance with title V of 
the Gramm-Leach-Bliley Act.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Number of Respondents: 1,801,750.
    Estimated Number of Responses per Respondent: 1.
    Estimated Total Annual Responses: 1,801,750.
    Estimated Hours per Response: .27.
    Estimated Total Annual Burden Hours: 485,282.
    Reason for Change: Number of respondents increased due to credit 
union membership.
    OMB Number: 3133-0181.
    Title: Registration of Mortgage Loan Originators.
    Type of Review: Extension of a previously approved collection.
    Abstract: The S.A.F.E. Act (12 U.S.C. 5101-5116) requires an 
employee of an institution regulated by a Federal banking agency who 
engages in the business of a residential mortgage loan originator to 
register with the Nationwide Mortgage Licensing System and Registry and 
obtain a unique identifier. Under CFPB regulations at 12 CFR part 1007, 
agency-regulated institutions must require their employees who act as 
residential mortgage loan originators to comply with the requirements 
to register and obtain a unique identifier and adopt and follow written 
policies and procedures.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Number of Respondents: 71,440.
    Estimated Number of Responses per Respondent: 2.1.
    Estimated Total Annual Responses: 152,909.
    Estimated Hours per Response: .5.
    Estimated Total Annual Burden Hours: 80,058.
    Reason for Change: Number of respondents decreased.
    OMB Number: 3133-0187.
    Title: Reverse Mortgage Products--Guidance for Managing Risks.
    Type of Review: Extension of a previously approved collection.
    Abstract: The guidance will assist institutions in managing the 
compliance

[[Page 20505]]

and risks associated with reverse mortgages. It will ensure that their 
risk management and consumer protection practices adequately address 
the compliance and risks raised by reverse mortgage lending.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Number of Respondents: 12.
    Estimated Number of Responses per Respondent: 1.
    Estimated Total Annual Responses: 12.
    Estimated Hours per Response: 10.6.
    Estimated Total Annual Burden Hours: 128.
    Reason for Change: Number of respondents decreased.
    OMB Number: 3133-NEW.
    Title: Individual Access and Consent for Disclosure of Records 
Protected Under the Privacy Act.
    Type of Review: New.
    Abstract: This collection aims to prevent wrongful disclosure of 
individuals' records by NCUA. It supports NCUA staff in processing FOIA 
and Privacy Act requests by verifying identities and obtaining consent 
for record disclosures.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Number of Respondents: 60.
    Estimated Number of Responses per Respondent: 1
    Estimated Total Annual Responses: 60.
    Estimated Hours per Response: 0.25.
    Estimated Total Annual Burden Hours: 16.
    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 the National Credit Union Administration Board.
Melane Conyers-Ausbrooks,
Secretary of the Board.
[FR Doc. 2026-07415 Filed 4-15-26; 8:45 am]
BILLING CODE 7535-01-P