E7-17063. Agency Information Collection Activities: Submission to OMB for Extension of a Currently Approved Collection; Comment Request

AGENCY:

National Credit Union Administration (NCUA).

ACTION:

Request for comment.

SUMMARY:

The NCUA intends to submit 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 October 29, 2007.

ADDRESSES:

Interested parties are invited to submit written comments to the NCUA Clearance Officer:

Clearance Officer: Mr. Neil McNamara, National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 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:

Title: Written Reimbursement Policy.

OMB Number: 3133-0130.

Form Number: None.

Type of Review: Extension of a currently approved collection.

Description: Each Federal Credit Union (FCU) must draft a written reimbursement policy to ensure that the FCU makes payments to its director within the guidelines that the FCU has established in advance and to enable examiners to easily verify compliance by comparing the policy to the actual reimbursements.

Respondents: All federal credit unions.

Estimated No. of Respondents/Recordkeepers: 5,732.

Estimated Burden Hours per Response: .50 hours.

Frequency of Response: Other. Once and update.

Estimated Total Annual Burden Hours: 2879.50.

Estimated Total Annual Cost: None.

By the National Credit Union Administration Board on August 23, 2007.

Hattie Ulan,

Acting Secretary of the Board.