Agency Information Collection Activities: Proposed Collection; Comment Request; Chartering and Field of Membership

• Published date: 26 June 2020
• Citation: 85 FR 38393
• Record Number: 2020-13761
• Section: Notices
• Court: National Credit Union Administration

Federal Register, Volume 85 Issue 124 (Friday, June 26, 2020)

[Federal Register Volume 85, Number 124 (Friday, June 26, 2020)]
                [Notices]
                [Pages 38393-38394]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2020-13761]
                =======================================================================
                -----------------------------------------------------------------------
                NATIONAL CREDIT UNION ADMINISTRATION
                Agency Information Collection Activities: Proposed Collection;
                Comment Request; Chartering and Field of Membership
                AGENCY: National Credit Union Administration (NCUA).
                ACTION: Notice and request for comment.
                -----------------------------------------------------------------------
                SUMMARY: The National Credit Union Administration (NCUA), as part of a
                continuing effort to reduce paperwork and respondent burden, invites
                the general public and other Federal agencies to comment on the
                following extension of a currently approved collection, as required by
                the Paperwork Reduction Act of 1995.
                DATES: Written comments should be received on or before August 25, 2020
                to be assured consideration.
                ADDRESSES: Interested persons are invited to submit written comments on
                the information collection to Dawn Wolfgang, National Credit Union
                Administration, 1775 Duke Street, Suite 6032, Alexandria, Virginia
                22314; Fax No. 703-519-8579; or email at [email protected]. Given
                the limited in-house staff because of the COVID-19 pandemic, email
                comments are preferred.
                FOR FURTHER INFORMATION CONTACT: Address requests for additional
                information to Dawn Wolfgang at the email address above or telephone
                703-548-2279.
                SUPPLEMENTARY INFORMATION: OMB Number: 3133-0015.
                 Title: Chartering and Field of Membership Manual, 12 CFR 701.1,
                Appendix B to 701.
                 Type of Review: Extension of a currently approved collection.
                 Abstract: The Federal Credit Union Act (Act) (12 U.S.C. 1751 et
                al.) requires NCUA to administer chartering and field of membership
                requirements for Federal credit unions (FCUs). This is implemented
                through the Chartering and Field of Membership (Chartering) Manual as
                incorporated into NCUA regulations at 12 CFR 701.1 and
                [[Page 38394]]
                appendix B to part 701. The Chartering Manual requires credit unions to
                prepare and submit forms with regard to chartering, field of membership
                amendments, service to underserved areas, and conversions from Federal
                to state credit unions and state to Federal credit unions.
                 The NCUA uses the information to determine if the charter
                application, field of membership amendment, or conversion application
                meets the requirements of the Act and NCUA regulations.
                 Affected Public: Private Sector: Not-for-profit institutions.
                 Estimated No. of Respondents: 8,985.
                 Estimated Number of Responses per Respondent: 1.
                 Estimated Total Annual Responses: 8,985.
                 Estimated Hours per Response: 2.11.
                 Estimated Total Annual Burden Hours: 18,994.
                 Reason for Change: Adjustment have been make reflect the current
                number of respondents reporting and a more accurate accounting of the
                time needed to respond.
                 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
                execution 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 Gerard Poliquin, Secretary of the Board, the National Credit
                Union Administration, on June 22, 2020.
                 Dated: June 22, 2020.
                Dawn D. Wolfgang,
                NCUA PRA Clearance Officer.
                [FR Doc. 2020-13761 Filed 6-25-20; 8:45 am]
                BILLING CODE 7535-01-P