Federal Credit Union Bylaws, Appendix A to Part 701

Forms and Documents

Document	Type	Status	Availability
12CFR701-ApxA_Bylaws_1-1-16.pdf	Supplementary Document	Uploaded 2016-09-19	Available
FINAL_3133-0052_Supporting_Statement_091916.doc	Supporting Statement A	Uploaded 2016-09-19	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
32692	Federal Credit Union Bylaws		Modified
208979	New federal credit union bylaws collection requirements		Removed
208933	FCU Recordkeeping Specified in Sections 5 and 6		Removed
208932	Board Meeting Notices		Removed
208931	Collecting and Maintaining Information for FCU Elections		Removed
208930	Notices Related to Member Meetings		Removed
208929	Membership Denial		Removed

ICR Details

OMB Control No: 3133-0052	ICR Reference No: 201605-3133-005
Status: Historical Active	Previous ICR Reference No: 201310-3133-006
Agency/Subagency: NCUA	Agency Tracking No: OCP
Title: Federal Credit Union Bylaws, Appendix A to Part 701
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/27/2016
Retrieve Notice of Action (NOA)	Date Received in OIRA: 09/19/2016
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2019	36 Months From Approved	12/31/2016
Responses	1,255,046	0	1,479,272
Time Burden (Hours)	436,614	0	458,478
Cost Burden (Dollars)	0	0	0

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Abstract: 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.

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

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:
	81 FR 45544	07/14/2016
30-day Notice:	Federal Register Citation:	Citation Date:
	81 FR 64206	09/19/2016
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

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

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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	1,255,046	1,479,272	0	0	-224,226	0
Annual Time Burden (Hours)	436,614	458,478	0	0	-21,864	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: A reduction of 224,226 responses and 21,864 burden hours are adjustments attributed to the continuing trend of decreases in the number of FCUs. There are also adjustments in the burden associated with the recordkeeping required in Article XVI, which have increased from 12 to 24 hours annually. This is due to increasing complexity of credit union operations and the corresponding committee minutes required to document such operations. A total of 436,614 burden hours are requested.

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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

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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: 09/19/2016

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