12 CFR Part 708a, Bank Conversions and Mergers

Forms and Documents

Document	Type	Status	Availability
12CFRpart708a_Subpts_A_and_C_2015.pdf	Supplementary Document	Uploaded 2016-01-19	Available
3133-0182 Part 708a SS12-2015 FINAL_011916.docx	Supporting Statement A	Uploaded 2016-01-19	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
193059	12 CFR 708a, Subpart C - Merger of Insured Credit Unions into Banks		Modified
193058	12 CFR 708a, Subpart A - Conversion of Insured Credit Unions to Mutual Savings Banks		Modified

ICR Details

OMB Control No: 3133-0182	ICR Reference No: 201508-3133-001
Status: Historical Active	Previous ICR Reference No: 201102-3133-004
Agency/Subagency: NCUA	Agency Tracking No: OGC
Title: 12 CFR Part 708a, Bank Conversions and Mergers
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: 08/19/2016
Retrieve Notice of Action (NOA)	Date Received in OIRA: 01/19/2016
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2019	36 Months From Approved	02/28/2014
Responses	2	0	4
Time Burden (Hours)	710	0	1,674
Cost Burden (Dollars)	0	0	0

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Abstract: Credit union members need the information to evaluate the conversion and merger proposals on which they are to vote. NCUA needs the information to fulfill its statutory duty to administer the membership and to approve or disapprove the merger.

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Authorizing Statute(s): US Code: 12 USC 1785(b)(c) Name of Law: Federal Credit Union Act
  

Citations for New Statutory Requirements: None

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

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 52342	08/28/2015
30-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 76583	12/09/2015
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
12 CFR 708a, Subpart A - Conversion of Insured Credit Unions to Mutual Savings Banks
12 CFR 708a, Subpart C - Merger of Insured Credit Unions into Banks

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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	2	4	0	0	-2	0
Annual Time Burden (Hours)	710	1,674	0	0	-964	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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

Burden Increase Due to:

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

Burden Reduction Due to:

Short Statement: This is a reinstatement, with change, of a previously approved collection. Revisions were made to report adjustments to respondents/burden.

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Annual Cost to Federal Government: $10,500

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

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Common Form ICR:  No

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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: 01/19/2016

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