E7-2235. Agency Information Collection Activities: Submission To OMB for Review; Comment Request

AGENCY:

National Credit Union Administration (NCUA).

ACTION:

Request for comment.

SUMMARY:

The NCUA is resubmitting the following information collection to the Office of Management and Budget (OMB) for review and clearance under the Paperwork Reduction Act of 1995 (Pub. L. 104-13, 44 U.S.C. Chapter 35). This information collection is published to obtain comments from the public.

DATES:

Comments will be accepted until April 13, 2007.

ADDRESSES:

Interested parties are invited to submit written comments to NCUA Clearance Officer listed below: Clearance Officer: Mr. Neil McNamara, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428, Fax No. 703-837-2861, E-mail: [e-mail].

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or a copy of the information collection request, should be directed to Tracy Sumpter at the National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428, or at [phone].

SUPPLEMENTARY INFORMATION:

Proposal for the following collection of information:

OMB Number: 3133-0032.

Form Number: N/A.

Type of Review: Reinstatement, without change, of a previously approved collection.

Title: Records Preservation under 12 CFR Part 749.

Description: Part 749 of NCUA Regulations directs each credit union to store copies of their members' share and loan balances away from the credit union's premises and maintain a log about the stored information.

Respondents: All credit unions.

Estimated No. of Respondents/Recordkeepers: 9,128.

Estimated Burden Hours per Response: 2 hours.

Frequency of Response: Quarterly.

Estimated Total Annual Burden Hours: 18,256.

Estimated Total Annual Cost: $912,800.

By the National Credit Union Administration Board on January 22, 2007.

Mary Rupp,

Secretary of the Board.