THE SEMIANNUAL FINANCIAL AND
STATISTICAL REPORTS PROVIDE INFORMATION ON CREDIT UNIONS NECESSARY
FOR SUPERVISORY PURPOSES, INTERNAL MANAGEMENT, POLICY AND
REGULATORY DECISIONS, AND RESEARCH. THE REPORT ARE ALSO THE BASIS
FOR PREPARING NCUA'S LEGALLY MANDATED ANNUAL REPORT AND PROVIDE
IMPORTANT FEEDBACK TO CREDIT UNION OFFICIALS. 12 CFR 741. 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.