Part 708a, Charter conversions - documentation required for credit union members and National Credit Union Administration in the charter conversion context

ICR 200610-3133-001

OMB: 3133-0153

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2006-10-26
ICR Details
3133-0153 200610-3133-001
Historical Inactive 200408-3133-001
NCUA
Part 708a, Charter conversions - documentation required for credit union members and National Credit Union Administration in the charter conversion context
Revision of a currently approved collection   No
Regular
Preapproved 12/29/2006
Retrieve Notice of Action (NOA) 11/06/2006
This ICR was submitted more than four months after the NPRM that modified this collection, which said that an ICR HAS been submitted to OMB. In the future, submit rule-related ICRs within a week of publication. Also such rules should direct those who want to make PRA comments to OMB to the "NCUA Desk Officer," not to a named individual. Moreover, in the future complete the line of business information.
  Inventory as of this Action Requested Previously Approved
12/31/2009 36 Months From Approved 10/31/2007
3 0 5
960 0 115
38,400 0 0

Credit union members need the information to evaluate the conversion proposal on which they are to vote. NCUA needs the information to fulfill its statutory duty to administer the membership vote.

US Code: 12 USC 1785 subparagraph b2G Name of Law: Federal Credit Union Act
  
None

3133-AD16 Proposed rulemaking 71 FR 36946 06/28/2006

No

  Total Request Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 3 5 0 0 -2 0
Annual Time Burden (Hours) 960 115 0 0 845 0
Annual Cost Burden (Dollars) 38,400 0 0 0 38,400 0
No
No
The burden of 320 hours per credit union, for an aggregate total of 960 hours, is an increase from the previously estimated burden per-credit union and in the aggregate. This increase is due to the additional information collection requirements to facilitate member-to-director and member-to-member communications in the conversion process. The increase is mitigated, however, because NCUA now estimates fewer credit unions (3) convert per year than previously estimated.

$6,000
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Paul Peterson 703 518-6540 ext. 6555 [email protected]

  No

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.
11/06/2006


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