97-28079. Information Collection; Comment Request for Re-Clearance

[Federal Register Volume 62, Number 205 (Thursday, October 23, 1997)]
[Notices]
[Pages 55278-55279]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-28079]


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NATIONAL CREDIT UNION ADMINISTRATION


Information Collection; Comment Request for Re-Clearance

DATES: October 23, 1997.
    The National Credit Union Administration (NCUA) intends to submit 
the following public information collection requests to the Office of 
Management and Budget (OMB) for review and re-clearance under the 
Paperwork Reduction Act of 1995 (P.L. 104-13, 44 U.S.C. Chapter 35). 
These information collections are published to obtain comments from the 
public. Public comments are encouraged and will be accepted for 60 days 
from the date listed at the top of this page in the Federal Register.
    Copies of the information collection requests, with applicable 
supporting documentation, may be obtained by calling the NCUA Clearance 
Office, Betty May, (703-518-6414). Comments and/or suggestions 
regarding the information collection requests should be directed to 
Mrs. May at the National Credit Union Administration, 1775 Duke Street, 
Alexandria, Virginia 22314-3428; Fax No. 703-518-6433; e-mail address: 
[e-mail] within 60 days from the date of this publication in the 
Federal Register.

National Credit Union Administration

    OMB Number: 3133-0024.
    Form Number: None.
    Type of Review: Reinstatement, without change, of a previously 
approved collection for which approval has expired.
    Title: Mergers of Federally Insured Credit Unions.
    Description: Part 708b of NCUA's regulations sets forth the 
procedures for credit union mergers.
    Respondents: Federal and State Credit Unions.
    Estimated No. of Respondents/Recordkeepers: 200.
    Estimated Burden Hours Per Response: 15.
    Frequency of Response: On occasion.
    Estimated Total Annual Burden Hours: 3,000.
    Estimated Total Annual Cost: $44,640.


[[Page 55279]]


    OMB Number: 3133-0035.
    Form Number: None.
    Type of Review: Reinstatement, without change, of a previously 
approved collection for which approval has expired.
    Title: Trustees and Custodians of Pension Plans.
    Description: A federal credit union acting as trustee for a 
retirement plan must maintain individual records for each participant 
and provide each participant with notice of the insurance status of 
their account.
    Respondents: Federal Credit Unions.
    Estimated No. of Respondents/Recordkeepers: 3,877.
    Estimated Burden Hours Per Response: 1.
    Frequency of Response: On occasion.
    Estimated Total Annual Burden Hours: 193,850.
    Estimated Total Annual Cost: $2,884,488.

    OMB Number: 3133-0101.
    Form Number: None.
    Type of Review: Reinstatement, with change, of a previous 
collection for which approval has expired.
    Title: Written Loan Policies--701.21(h)(2)(i).
    Description: The general purpose of the requirement is to ensure 
that loans are made, documented and accounted for properly and for the 
ultimate protection of the National Credit Union Share Insurance Fund. 
Respondents are federally insured credit unions making business loans 
as defined in the regulation.
    Respondents: Federally insured Credit Unions.
    Estimated No. of Respondents/Recordkeepers: 50.
    Estimated Burden Hours Per Response: 2.
    Frequency of Response: On occasion.
    Estimated Total Annual Burden Hours: 100.
    Estimated Total Annual Cost: Minimal.

    By the National Credit Union Administration Board on October 16, 
1997.
Becky Baker,
Secretary of the Board.
[FR Doc. 97-28079 Filed 10-22-97; 8:45 am]
BILLING CODE 7535-01-P