Burden Table B E M CC_NCUA_Only_110816.xlsx

OMB # 3133-0103

November 2016

REG B
Information Collection Activity

NCUA
Reference

# Respondents

Annual
Frequency

# Annual Responses

Response
Time
(minutes)

Response
Time (hours)

Annual Burden
Hours

Notifications
Furnishing of credit information
Record retention: Applications,
actions, and prescreened
solicitations

1002.9
1002.10

3,811
3,811

1,715
850

6,535,865
3,239,350

2.50
2.00

0.04
0.03

272,328
107,978

1002.12

3,811

1

3,811

480.00

8.00

30,488

Information for monitoring purposes

1002.13

3,811

360

1,371,960

0.50

0.01

11,433

Rules on providing appraisal
reports: Appraisal report upon
request

1002.14

3,811

190

724,090

5.00

0.08

60,341

Self-Testing: Recordkeeping of Test

1002.12

39

1

39

120

2.00

78

1002.15

10

1

10

480

8.00

80

1002.5

39

2500

97,500

1

0.02

1,625

Self-Testing: Recordkeeping of
corrective action
Self-Testing: Disclosure for optional
self-test
Total
Cost per hour
Total annual cost

11,972,625

REG E
Information Collection Activity

Initial disclosures
Change-in-terms
Periodic statements
Error resolution

484,351
$35
$16,952,281

NCUA
Reference

1005.7(b) &
1005.18(c)(1)
1005.8(a)
1005.9(b) &
1005.18(b)
1005.8(b) &
1005.11

Overdraft opt-in disclosures -- New
1005.17(c)(2)
account holders
Overdraft opt-in disclosures -1005.17
Consumer response
Gift card exclusion policies &
1005.20(b)(2)
procedures
Gift card policy & procedures
1005.20(e)(1)
Total
Cost per hour - CU
Cost per hour - Consumer
Total annual cost

# Respondents

Annual
Frequency

# Annual Responses

Response
Time
(minutes)

Response
Time (hours)

Annual Burden
Hours

2,938

250

734,500

1.50

0.03

18,363

2,938

340

998,920

1.00

0.02

16,649

750

12

9,000

420.00

7.00

63,000

2,938

30

88,140

30.00

0.50

44,070

2,938

1

2,938

960

16.00

47,008

24,700,000

1

24,700,000

5

0.08

2,058,333

431

1

431

480

8.00

3,448

431

1

431
26,534,360

480

8.00

3,448
2,254,319
$35
$20
$48,026,148

OMB # 3133-0103

November 2016

REG M

NCUA

Information Collection Activity

Disclosures
Advertising
Other/Combined

Reference

# Respondents

Annual
Frequency

# Annual Responses

1013.4
1013.7
35

100

Total
Cost per hour
Total annual cost

REG CC
Information Collection Activity

Special availability policy disclosure
(initial notice, upon request, upon
change in policy)
Case-by-case hold notice
Notice of exceptions
Notice posted where consumers
make deposits
ATM changes in policy
Annual notice of new ATMs
Notice of nonpayment
Response to consumer's recredit
claim
Expedited recredit for banks
Consumer awareness disclosure
Expedited recredit claim notice
Total
Cost per hour
Total annual cost

SUMMARY OF BURDEN
Federal Credit Union Burden
REG B
REG E
REG M
REG CC

Response
Time (hours)

45

0.00
0.00
0.75

Annual Burden
Hours

0
0
2,625
2,625
$35
$91,875

NCUA
Annual
Frequency

Response
Time (hours)

Annual Burden
Hours

# Respondents

229.16, 229.17
& 229.18(d)

4,957

140

693,980

1.00

0.02

11,566

229.16(c)
229.13(g)
229.18(b) &
229.18(c)
229.18(e)
229.18(e)
229.33(a) &
229.33(d)

4,957
4,957

717
247

3,554,169
1,224,379

3.00
3.00

0.05
0.05

177,708
61,219

4,957

1

4,957

15.00

0.25

1,239

20
4,957

1
1

20
4,957

1,200.00
300.00

20.00
5.00

400
24,785

4,957

2,211

10,959,927

1

0.02

182,665

229.54(e)

4,957

12

59,484

15

0.25

14,871

229.55
229.57
229.54(b)(2)

4,957
4,957
4,957

5
170
8

24,785
842,690
39,656
17,409,004

15
1
15

0.25
0.02
0.25

6,196
14,045
9,914
504,610
$35
$17,661,333

No.
Respondents

No. Annual
Responses

# Annual Responses

Response
Time
(minutes)

Reference

Total Annual
Burden
(hours)

3,811
2,938
35
4,957
Total

11,972,625
1,834,360
3,500
17,409,004
31,219,489

484,351
195,986
2,625
504,610
1,187,572

24,700,000
TOTAL

24,700,000

2,058,333

55,919,489

3,245,905

Consumer Burden
REG E

0
0
3,500
3,500

Response
Time
(minutes)