Fast-Track Generic Template - Streamline CDFI App Process

Request for Approval under the
“Generic Clearance for the Collection of Routine Customer Feedback”
OMB Control Number: 3133-0188
TITLE OF INFORMATION COLLECTION: Electronic Participation Questionnaire –

Streamlined CDFI Application Process - 2018 Rounds

PURPOSE:

The National Credit Union Administration (NCUA) and the U.S. Treasury Department’s
Community Development Financial Institutions (CDFI) Fund entered into an agreement to
streamline the application process for qualifying low-income credit unions to become certified
as CDFIs. In this streamlined application process, NCUA analyzes a low-income credit union’s
products and services and other indicators showing the likelihood it will qualify for certification.
The credit union must submit data to NCUA on its loan originations and identify its target
market. If the credit union is qualified, NCUA will provide an application form and the data
necessary to complete it. Credit unions are then required to complete the application and
forward to CDFI for the final determination of the certification.

DESCRIPTION OF RESPONDENTS:

To participate in the streamlined certification application program, a credit union must meet
ALL of the following requirements:
• Be insured by NCUA; and
• Be designated as a low-income credit union by NCUA or a similar State designation
confirmed by NCUA.
• Provide at least one of the following Development Programs & Services according to the
most recent 5300 call report: Financial Counseling, Financial Education, Financial
Literacy Workshops, In-School Branches, and First-Time Homebuyer Program.

TYPE OF COLLECTION: (Check one)
[ ] Customer Comment Card/Complaint Form
[ ] Usability Testing (e.g., Website or Software
[ ] Focus Group

[ ] Customer Satisfaction Survey
[ ] Small Discussion Group
[X] Other: Improve Service Delivery

CERTIFICATION:
I certify the following to be true:
1. The collection is voluntary.
2. The collection is low-burden for respondents and low-cost for the Federal Government.
3. The collection is non-controversial and does not raise issues of concern to other federal
agencies.
4. The results are not intended to be disseminated to the public.
5. Information gathered will not be used for the purpose of substantially informing influential
policy decisions.
6. The collection is targeted to the solicitation of opinions from respondents who have
experience with the program or may have experience with the program in the future.

Dawn Wolfgang

Digitally signed by Dawn Wolfgang
DN: cn=Dawn Wolfgang, o=NCUA, ou=OCIO,
[email protected], c=US
Date: 2018.01.25 10:11:57 -05'00'

Name:________________________________________
PRA Clearance Officer, NCUA

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1/24/2018

To assist review, please provide answers to the following question:
Personally Identifiable Information:
1. Is personally identifiable information (PII) collected? [ ] Yes [X] No
2. If Yes, will any information that is collected be included in records that are subject to the
Privacy Act of 1974? [ ] Yes [ ] No
3. If Yes, has an up-to-date System of Records Notice (SORN) been published? [ ] Yes [ ] No
Gifts or Payments:
Is an incentive (e.g., money or reimbursement of expenses, token of appreciation) provided to
participants? [ ] Yes [X] No
BURDEN HOURS
Of the 2,538 potential respondents (designated low-income credit unions), it is estimated that 50
eligible credit unions would completed the streamline CDFI participation questionnaire and
provide supporting documentation during each of the 3, 2018 invitation rounds and a Special
round offered to LICU impacted by hurricanes during 2017.
Category of Respondent
No. of
Participation
Burden
Respondents Time
Private sector: Not-for-profit institution
150
2 hrs.
300 hrs
Totals

150

2 hrs.

300 hrs

FEDERAL COST: The estimated annual cost to the Federal government is $30,000.
If you are conducting a focus group, survey, or plan to employ statistical methods, please
provide answers to the following questions:
The selection of your targeted respondents
1. Do you have a customer list or something similar that defines the universe of potential
respondents and do you have a sampling plan for selecting from this universe?
[X] Yes
[ ] No
If the answer is yes, please provide a description of both below (or attach the sampling plan)? If
the answer is no, please provide a description of how you plan to identify your potential group of
respondents and how you will select them? The potential respondents are credit unions with
low-income designations as indicated by their Call Report data.
Administration of the Instrument
1. How will you collect the information? (Check all that apply)
[X] Web-based or other forms of Social Media*
*The questionnaire is web-based and if a credit union meets the initial
eligibility requirements, they are directed to provide loan originations to
NCUA via email in a secure format.
[ ] Telephone
[ ] In-person
[ ] Mail
[ ] Other, Explain
2. Will interviewers or facilitators be used? [ ] Yes [X] No

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