CREDIT UNION MONTHLY SURVEY PROVIDES CRITICAL FINANCIAL AND ECONOMIC DATA THAT SERVES AS THE BASIS FOR ESTIMATING CONSUMER SAVINGS, INSTALLMENT CREDIT, GROWTH, SAVINGS AND LOAN FLOWS, INVESTMENTS, AND K OPERATING RATIOS THAT REFLECT CONDITIONS WITHIN THE CREDIT UNION INDUSTRY STATISTICS ARE USED TO MONITOR THE LEVEL OF CREDIT UNION ACTIVITY AND LIQUIDITY, TO FORMULATE REGULATORY POLICY, DEVELOP THE AGENCY'S FINANCIAL PLAN, & PUBLISH CREDIT UNION STATISTICS.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.