NCUA Call Report

ICR 202004-3133-002

OMB: 3133-0004

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supplementary Document
2020-04-23
Justification for No Material/Nonsubstantive Change
2020-04-23
Supplementary Document
2020-04-15
Supporting Statement A
2019-10-23
IC Document Collections
IC ID
Document
Title
Status
32672 Modified
ICR Details
3133-0004 202004-3133-002
Historical Active 201910-3133-001
NCUA E&I
NCUA Call Report
No material or nonsubstantive change to a currently approved collection   No
Regular
Approved without change 04/27/2020
Retrieve Notice of Action (NOA) 04/23/2020
  Inventory as of this Action Requested Previously Approved
11/30/2022 11/30/2022 11/30/2022
21,232 0 21,232
84,928 0 84,928
0 0 0

Sections 106 and 202 of the Federal Credit Union Act require federally insured credit unions (FICUs) to make financial reports to the NCUA. Section 741.6 of the NCUA Rules and Regulations requires all FICUs to submit a Call Report (NCUA Form 5300) quarterly. Financial information collected through the Call Report is essential to NCUA supervision of federal credit unions. This information also facilitates NCUA monitoring of other credit unions with share accounts insured by the National Credit Union Share Insurance Fund (NCUSIF).

US Code: 12 USC 1782 Name of Law: Administration of insurance fund
   US Code: 12 USC 1756 Name of Law: Reports and examinations
  
None

Not associated with rulemaking

  84 FR 39377 08/09/2019
84 FR 56476 10/22/2019
No

1
IC Title Form No. Form Name
NCUA Call Report 5300 NCUA Call Report

  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 21,232 21,232 0 0 0 0
Annual Time Burden (Hours) 84,928 84,928 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
Currently, the NCUA Call Report (Form 5300) and Profile (Form 4501A) are cleared under OMB Control Number 3133-0004. At this time NCUA plans to separate the two forms due to technology resources constraints that create different revision cycles. This Call Report will retain the 3133-0004 OMB control number and NCUA will request a new control number for the Profile; for a program change of -43,000 burden hours. The burden identified under OMB No. 3133-0004, prior to this separation, was estimated at 6 hours per response. With this submission, it is estimated that 4 hours is allotted to complete the Call Report and 2 hours is allotted to complete the Profile. Revisions are attributed to the issuance of accounting standards codifications (ASC) by the Financial Accounting Standards Board and other revisions needed to clarify the reporting for cash items, Public Unit deposits, and Payday Alternative Loans (PALs I and PALs II). These revisions will not alter the estimated burden hours necessary to review the instructions and complete the form. The amount of data elements removed compared to those added negates the difference in burden. This submission also reflects adjustment due to the decline in the number of federally insured credit unions due to industry consolidation from mergers and liquidations. Specifically, the number of federally insured credit unions completing the Call Report dropped from 5,335 to 5,308; a total adjustment of -1,072 burden hours.

$2,920,514
No
    Yes
    No
No
No
No
Uncollected
Mary Jo Thor 703 518-6586 [email protected]

  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.
04/23/2020


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