12 CFR Part 708a, Bank Conversions and Mergers

Forms and Documents

Document Name	Status
DownloadNOA.pdf Supplementary Document	2011-02-03
Revised 12-17-10 Supporting Statement for 0000, part 708a.docx Supporting Statement A	2011-02-03

IC Document Collections

IC ID	Document Title	Status
193059	Proposed Rule 708a, Subpart C Instruction	Unchanged
193058	Proposed Rule 708a, Subpart A Other-Use of Information	Unchanged

ICR Details

OMB Control No: 3133-0182	ICR Reference No: 201102-3133-002
Status: Historical Active	Previous ICR Reference No: 201005-3133-004
Agency/Subagency: NCUA	Agency Tracking No:
Title: 12 CFR Part 708a, Bank Conversions and Mergers
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 02/04/2011
	Date Received in OIRA: 02/03/2011
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2014	36 Months From Approved
Responses	4	0	0
Time Burden (Hours)	1,674	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: (1) Charter conversions: Credit union members need the information to evaluate the charter conversion proposal on which they are to vote. NCUA needs the information to fulfill its statutory duty to administer the membership vote. (2) Credit union mergers into banks: Credit union members need the information to evaluate the merger proposal on which they are to vote. NCUA needs the information to fulfill its statutory responsibility to approve or disapprove the merger.

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Authorizing Statute(s): US Code: 12 USC 1785(b)(2) Name of Law: Federal Credit Union Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
3133-AD40	Final or interim final rulemaking	75 FR 81378	12/28/2010

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
Proposed Rule 708a, Subpart A
Proposed Rule 708a, Subpart C

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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	4	0	0	4	0	0
Annual Time Burden (Hours)	1,674	0	0	1,674	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The notice and request for comments on the proposed collection of information requirements were contained in the preamble to the proposed rule published in the Federal Register. 75 Fed. Reg. 15574, 15585-86 (Mar. 29, 2010). The 60-day comment period ended on May 28, 2010. NCUA received 40 comments on the proposed rule. There were no comments on the estimated hour burden or cost burden to respondents. Accordingly, and after careful review, NCUA has made no changes in the estimated information collection requirements of the rule.

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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: 02/03/2011

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