Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments
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 co...
Notice of submission to the Office of Management and Budget.
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 October 21, 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:
3133-0098.
Title:
Advertising of Excess Insurance, 12 CFR 740.3.
Type of Review:
Extension of a previously approved collection.
Abstract:
Federally insured credit unions which offer or provide excess insurance coverage for their accounts must indicate the type and amount of such insurance, the name of the carrier and a statement that the carrier is not affiliated with the NCUSIF or the Federal government in all advertising that mentions account insurance.
Reason for Change:
The number of respondents increased from 297 to 413 as more credit unions offered third-party share insurance in addition to NCUSIF.
OMB Number:
3133-0108.
Title:
Anti-Money Laundering and Countering the Financing of Terrorism Programs.
Type of Review:
Revision of a currently approved collection.
Abstract:
The collection is needed to allow NCUA to determine whether credit unions have established a program reasonably designed to assure and monitor their compliance with current recordkeeping requirements established by Federal statute and Department of the Treasury regulation.
Type of Review:
Extension of a previously approved collection.
Abstract:
The Federal Credit Union Act (12 U.S.C. 1752(5)) authorizes the NCUA Board to define low-income members so that credit unions with a membership serving predominantly low-income members can benefit from certain statutory relief and receive assistance from the Community Development Revolving Loan Fund (CDRLF). Under the authority of 12 CFR 701.34(a), NCUA must obtain certain data to determine if a credit union qualifies for the designation. NCUA uses the information from credit unions to determine whether they meet the criteria for the low-income designation.
Type of Review:
Extension of a previously approved collection.
Abstract:
NCUA's TISA regulation requires credit unions to provide specific disclosures when an account is opened, when a disclosed term changes or a term account is close to renewal, on periodic statements of account activity, in advertisements, and upon a member's or potential member's request. 12 CFR 707.4, 707.5, 707.6, 707.8. Credit unions that provide periodic statements are required to include information about fees imposed, the annual percentage yield earned during those statement periods, and other account terms. The requirements for creating and disseminating account disclosures, change in terms notices, term share renewal notices, statement disclosures, and advertising disclosures are necessary to implement TISA's purpose of providing the public with information that will permit informed comparisons of accounts at depository institutions.
Type of Review:
Extension of a previously approved collection.
Abstract:
Section 216 of the Federal Credit Union Act (12 U.S.C. 1790d) mandates prompt corrective action requirements for federally insured credit unions (FICUs) that become less than well capitalized. The NCUA Board is required to (1) adopt, by regulation, a system of prompt corrective action to restore the net worth of inadequately capitalized FICUs; and (2) develop an alternative system of prompt corrective action for new credit unions that carries out the purpose of prompt corrective actions while allowing an FICU reasonable time to build its net worth to an adequately capitalized level. Part 702 implements the statutory requirements and, to achieve this, various information collections to meet the purpose of prompt corrective action as circumstances require.
Estimated Number of Responses per Respondent:
1.86.
Estimated Total Annual Responses:
218.
Estimated Hours per Response:
Varies.
Estimated Total Annual Burden Hours:
1,949.
Reason for Change:
The number of respondents was adjusted for several information collection activities due to the number of credit unions impacted by PCA.
Type of Review:
Extension of a previously approved collection.
Abstract:
The collection of this data is required under the Home Mortgage Disclosure Act. The information collection is intended to provide the public with loan data that can be used—(i) to help determine whether financial institutions are serving the housing needs of their communities; Reg C 203.1(b)(1)(ii); (ii) to assist public officials in distributing public-sector investments so as to attract private investment to areas where it is needed; Reg CC 203.1(b)(1)(iii) and (iii) to assist in identifying possible discriminatory lending patterns and enforcing anti-discrimination statutes. Reg C 203.1(b)(2).
Estimated Number of Responses per Respondent:
944.
Estimated Total Annual Responses:
1,420,720.
Estimated Hours per Response:.0833.
Estimated Total Annual Burden Hours:
118,346.
Reason for Change:
The number of federally insured credit unions filing HMDA LARs and the total number of reportable HMDA loans have been adjusted to reflect the numbers obtained for calendar years 2024 and 2025.
Type of Review:
Extension of a previously approved collection.
Abstract:
This collection covers the additional information a credit union must provide to establish a branch office outside the United States (except for U.S. embassies and military installations). This is a three step process (1) The credit union must receive written approval from the host country to establish a branch, (2) The credit union must develop a detailed business plan, and (3) The credit union must submit documentation showing host country approval, state regulatory approval (if applicable), and the business plan to NCUA and receive NCUA approval before establishing the branch office. There are no formal applications to complete.
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.
Use this for formal legal and research references to the published document.
91 FR 59809
Web Citation
Suggested Web Citation
Use this when citing the archival web version of the document.
“Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments,” thefederalregister.org (September 21, 2026), https://thefederalregister.org/documents/2026-19275/renewal-of-agency-information-collection-of-a-previously-approved-collection-request-for-comments.
www.reginfo.gov/public/do/PRAMain
12 CFR 740.3
12 U.S.C. 1752(5)