[Federal Register Volume 64, Number 82 (Thursday, April 29, 1999)]
[Notices]
[Pages 23126-23127]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-10648]
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NATIONAL CREDIT UNION ADMINISTRATION
Agency Information Collection Activities: Submission to OMB for
Revision to a Currently Approved Information Collections; Comment
Request.
AGENCY: National Credit Union Administration (NCUA).
ACTION: Request for comment.
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SUMMARY: The NCUA intends to submit the following information
collections to the Office of Management and Budget (OMB) for review and
clearance under the Paperwork Reduction Act of 1995 (Public Law 104-13,
44 U.S.C. Chapter 35). These information collection are published to
obtain comments from the public.
DATES: Comments will be accepted until June 28, 1999.
ADDRESSES: Interested parties are invited to submit written comments to
NCUA Clearance Officer or OMB Reviewer listed below:
Clearance Officer: Mr. James L. Baylen (703) 518-6411, National
Credit Union Administration 1775 Duke Street, Alexandria, Virginia
22314-3428, Fax No. 703-518-6433, E-mail: jbaylen@ncua.gov.
OMB Reviewer: Alexander T. Hunt (202) 395-7860, Office of
Management and Budget, Room 10226, New Executive Office Building,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT: Copies of the information collection
requests, with applicable supporting documentation, may be obtained by
calling the NCUA Clearance Officer, James L. Baylen, (703) 518-6411.
SUPPLEMENTARY INFORMATION: Proposal for the following collection of
information:
OMB Number: 3133-0143.
Form Number: N/A.
Type of Review: Extension of a currently approved collection.
Title: 12 C.F.R. 760 Loans in Areas Having Special Flood Hazards.
Description: Federally insured credit unions are required by
statute and by proposed 12 CFR Part 760 to file reports, make certain
disclosures and keep records. Borrowers use this information to make
valid purchase decisions. The NCUA uses the records to verify
compliance.
Respondents: All federal credit unions.
Estimated No. of Respondents/Recordkeepers: 5,500.
Estimated Burden Hours Per Response: 7 minutes.
Frequency of Response: Recordkeeping and on occasion.
Estimated Total Annual Burden Hours: 101,333.
Estimated Total Annual Cost: N/A.
OMB Number: 3133-0121.
Form Number: N/A.
Type of Review: Extension of a currently approved collection.
Title: 12 C.F.R. 701.14 Notice of Change of Officials and Senior
Executive Officers.
Description: The regulation directs newly chartered and troubled
credit unions to provide NCUA with 30 days notice before making a
management change.
Respondents: Troubled and newly chartered credit unions.
Estimated No. of Respondents/Recordkeepers: 534.
Estimated Burden Hours Per Response: 2 hours.
Frequency of Response: Reporting and on occassion.
Estimated Total Annual Burden Hours: 1,068.
Estimated Total Annual Cost: N/A.
OMB Number: 3133-0108.
Form Number: N/A.
Type of Review: Extension of a currently approved collection.
Title: 12 C.F.R. 748.2 Monitoring Bank Secrecy Act Compliance.
Description: 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 currency recordkeeping and
reporting requirements established by Federal statute and Department of
the Treasury regulations.
[[Page 23127]]
Respondents: Federally insured credit unions.
Estimated No. of Respondents/Recordkeepers: 11,127.
Estimated Burden Hours Per Response: 3 hours.
Frequency of Response: Recordkeeping.
Estimated Total Annual Burden Hours: 33, 477.
Estimated Total Annual Cost: N/A.
OMB Number: 3133-0068.
Form Number: N/A.
Type of Review: Extension of a currently approved collection.
Title: 12 C.F.R. 701.31 Non Discrimination Policy.
Description: This regulation requires a federal credit union (FCU)
to keep a copy of the property appraisal. It also requires that a FCU
using geographical factors in evaluating real estate loan applications
must disclose such facts on the appraisal and state for justification.
This regulation insures compliance with the Fair Housing anti-redlining
requirements.
Respondents: Federally credit unions.
Estimated No. of Respondents/Recordkeepers: 4,000.
Estimated Burden Hours Per Response: 1 hours.
Frequency of Response: Recordkeeping on occasion.
Estimated Total Annual Burden Hours: 4,000.
Estimated Total Annual Cost: N/A.
OMB Number: 3133-0142.
Form Number: N/A.
Type of Review: Extension of a currently approved collection.
Title: 12 C.F.R 741.6(c) Requirements for Insurance.
Description: Credit Unions that submit late or inaccurate call
reports are required to submit a proposal that describes how it will
avoid another late or inaccurate report.
Respondents: Federally insured credit unions.
Estimated No. of Respondents/Recordkeepers: 630.
Estimated Burden Hours Per Response: 2 hours.
Frequency of Response: Reporting and on occasion.
Estimated Total Annual Burden Hours: 1,260.
Estimated Total Annual Cost: $21,186.60.
By the National Credit Union Administration Board on April 22,
1999.
Becky Baker,
Secretary of the Board.
[FR Doc. 99-10648 Filed 4-28-99; 8:45 am]
BILLING CODE 7535-01-U
