Federal Credit Union (FCU) Bylaws, 12 CFR 701.2, and App. A to Part 701

Forms and Documents

Document Name	Status
CFR-2012-title12-vol7-part701-appA.pdf Supplementary Document	2013-10-23
FINAL2013 3133-0052 - Supporting Statement.doc Supporting Statement A	2013-10-22

IC Document Collections

IC ID	Document Title	Status
32692	Membership Applications	Modified
208979	New federal credit union bylaws collection requirements	New
208933	FCU Recordkeeping Specified in Sections 5 and 6	New
208932	Board Meeting Notices	New
208931	Collecting and Maintaining Information for FCU Elections	New
208930	Notices Related to Member Meetings	New
208929	Membership Denial	New

ICR Details

OMB Control No: 3133-0052	ICR Reference No: 201310-3133-006
Status: Historical Active	Previous ICR Reference No: 200709-3133-001
Agency/Subagency: NCUA	Agency Tracking No:
Title: Federal Credit Union (FCU) Bylaws, 12 CFR 701.2, and App. A to Part 701
Type of Information Collection: Reinstatement with change of a previously approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/13/2013
	Date Received in OIRA: 10/25/2013
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2016	36 Months From Approved
Responses	1,479,272	0	0
Time Burden (Hours)	458,478	0	0
Cost Burden (Dollars)	0	0	0

---

Abstract: Pursuant to the Federal Credit Union (FCU) Act, NCUA historically has issued FCU Bylaws and, in 2007 incorporated them into NCUA's regulations at 12 CFR 701.2 and Part 701, Appendix A, for FCU's to adopt. The FCU Act and Bylaws require new and current FCU to prepare and maintain documents, such as organization certificate, charter, notices, meeting minutes, and election results, and notify the NCUA Board of certain changes. FCU's use the information they collect and maintain pursuant to their bylaws in their operations and to provide services to members. NCUA uses the information both to regulate the safety and soundness of FCU and protect the National Credit Union Share Insurance Fund.

---

Authorizing Statute(s): US Code: 12 USC 1758 Name of Law: Bylaws
  

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	78 FR 45569	07/29/2013
30-day Notice:	Federal Register Citation:	Citation Date:
	78 FR 54682	09/05/2013
Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 7

IC Title	Form No.	Form Name
New federal credit union bylaws collection requirements
Membership Denial
Board Meeting Notices
FCU Recordkeeping Specified in Sections 5 and 6
Membership Applications
Notices Related to Member Meetings
Collecting and Maintaining Information for FCU Elections

---

ICR Summary of Burden

	Total Approved	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	1,479,272	0	0	1,477,839	0	1,433
Annual Time Burden (Hours)	458,478	0	0	457,045	0	1,433
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

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

Burden Reduction Due to:

Short Statement: The program changes or adjustments are a result of the agency's routine review of information collection requirements and the continuing trend of annual decreases in the number of FCU.

---

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]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

---

Common Form ICR:  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:

(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: 10/25/2013

---