APPROVED. THE
BURDEN HOURS HAVE BEEN REVISED AS FOLLOWS: INITIALLY, BURDEN WAS
32,490 RESPONSES x 1 HOUR = 32,490 HOURS. THE NUMBER OF RESPONSES
IS REESTIMATED TO BE 30,838 AND BURDEN IS REESTIMATED TO BE 30,838
REPONSES x 1 HOUR = 30,838 HOUR FOR AN ADJUSTMENT DECREASE OF 1,652
HOURS. NEXT, THE BURDEN HOURS PER RESPONSE IS INCREASED TO 1.25
HOURS DUE TO NEW DATA COLLECTED AND BURDEN IS 30,838 RESPONSES x
1.25 HOURS = 38,548 HOURS, FOR A PROGRAM CHANGE INCREASE OF 7,710
HOURS.
Inventory as of this Action
Requested
Previously Approved
12/31/1990
12/31/1990
12/31/1987
30,838
0
32,490
38,548
0
32,490
0
0
0
THE SEMINNAUL FINANCIAL AND
STATISTICAL REPORTS PROVIDE INFORMATION ON CREDIT UNIONS NECESSARY
FOR SUPERVISORY PURPOSES, INTERNAL MANAGEMENT, POLICY AND
REGULATORY DECISIONS AND RESEARCH. THE REPORTS ARE ALSO THE BASIS
FOR PREPARING NCUA'S LEGALLY MANDATED ANNUAL REPORT AND PROVIDE
IMPORTANT FEEDBACK TO CREDIT UNION OFFICIALS. 12 CFR 741.1 REQUIRES
FEDERALLY INSURED CREDIT UNIONS TO SUBMIT THE REPORT.
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.