NCUA Call Report

ICR 202201-3133-001

OMB: 3133-0004

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2022-01-11
Supplementary Document
2022-01-11
Supplementary Document
2022-01-10
IC Document Collections
IC ID
Document
Title
Status
32672 Modified
ICR Details
3133-0004 202201-3133-001
Received in OIRA 202109-3133-001
NCUA E&I; CCULR
NCUA Call Report
Revision of a currently approved collection   No
Emergency 01/14/2022
01/11/2022
  Requested Previously Approved
6 Months From Approved 01/31/2025
20,388 20,388
81,552 81,552
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).
Pursuant to the Office of Management and Budget (OMB) procedures established at 5 CFR 1320.13, the National Credit Union Administration (NCUA) requests emergency processing for the NCUA Call Report (Form 5300) information collection request, revising OMB control number 3133-0004, to capture changes necessitated by the promulgation of a recent final rulemaking. The NCUA Board approved Final Rule, Capital Adequacy: The Complex Credit Union Leverage Ratio; Risk-Based Capital, on December 16, 2021, which was published in the Federal Register on December 23, 2021, at 86 FR 72784, with an effective date January 1, 2022. Because of the effective date of this rule and the advance time needed by the NCUA to incorporate updates to the online reporting system prior to the March 2022 Call Report cycle and to provide the reporting system changes to the NCUA’s federally insured credit unions (FICUs) in a timely manner, we are submitting these changes for emergency consideration. The Call Report collects financial and statistical information and is vital to the NCUA’s supervision and off-site monitoring of its FICUs and to safeguard the National Credit Union Administration’s Share Insurance Fund. Given the inability to seek public comment during such a short timeframe, the NCUA requests a waiver from the requirement to publish a notice in the Federal Register seeking public comment during the period of OMB review. To avoid any substantial delay, the NCUA will publish a separate notice and seek public comment on the revision to the information collection requirement currently covered by OMB control number 3133-0004, NCUA Call Report.

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

Not associated with rulemaking

No

1
IC Title Form No. Form Name
NCUA Call Report NCUA 5300, Schedule H, Form 5300 NCUA Call Report ,   Schedule H - Complex Credit Union Leverage Ratio (CCULR)

  Total Request 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 20,388 20,388 0 0 0 0
Annual Time Burden (Hours) 81,552 81,552 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$2,952,108
No
    No
    No
No
No
No
No
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.
01/11/2022


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