NCUA utilizes the information to monitor financial conditions in corporate credit unions, and to allocate supervision and examination resources. The respondents are corporate credit unions, or "banker's banks" for natural person credit unions.
This is a reinstatement of a previously approved collection. Decrease in burden hours is due to the reduction in the number of credit unions from 27 to 15. Increase in cost burden is due to estimation of hourly wage for corporate credit union staff to prepare reports.
$2,400
No
No
No
No
No
Uncollected
Robert Dean 703 518-6652
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.