12 CFR 745 CLARIFICATION AND DEFINITION OF ACCOUNT INSURANCE COVERAGE

Forms and Documents

Document Name	Status

No forms / supporting documents in this ICR. Check IC Document Collections.

IC Document Collections

IC ID	Document Title	Status
154509	12 CFR 745 CLARIFICATION AND DEFINITION OF ACCOUNT INSURANCE COVERAGE	Migrated

ICR Details

OMB Control No: 3133-0028	ICR Reference No: 198401-3133-004
Status: Historical Inactive	Previous ICR Reference No: 198308-3133-015
Agency/Subagency: NCUA	Agency Tracking No:
Title: 12 CFR 745 CLARIFICATION AND DEFINITION OF ACCOUNT INSURANCE COVERAGE
Type of Information Collection: Reinstatement without change of a previously approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Not subject to PRA	Conclusion Date: 02/24/1984
	Date Received in OIRA: 01/16/1984
Terms of Clearance: This request for clearance does not appear to contain an information collection. The requirement to distribute information which is supplied by an agency of the Federal government is not considered to be an information collection by definition in the Paperwork Reduction Act. The requirement to keep a list of namess and addresses is subject to the Paperwork Reduction Act as a recordkeeping requirement. However, since this was not addressed in the justification it is not being assigned an OMB clearance number at this time.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date		12/31/1983
Responses	0	0	0
Time Burden (Hours)	0	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: THE REGULATION DECLARES THAT INSURANCE COVERAGE WILL DEPEND ON INDIVIDUAL ACCOUNT RECORDS MAINTAINED BY A CREDIT UNION. A QUESTION AND ANSWER BOOKLET ON INSURANCE MUST BE MAILED TO EVERY MEMBER HAVING $5,000 OR MORE IN SHARES.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
12 CFR 745 CLARIFICATION AND DEFINITION OF ACCOUNT INSURANCE COVERAGE

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Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 01/16/1984

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