[Federal Register Volume 63, Number 108 (Friday, June 5, 1998)]
[Notices]
[Page 30784]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-14907]


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NATIONAL CREDIT UNION ADMINISTRATION


Agency Information Collection Activities: Submission to OMB for 
Review; Comment Request

AGENCY: National Credit Union Administration (NCUA).

ACTION: Request for comment.

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SUMMARY: The NCUA is resubmitting the following information collections 
without change to the Office of Management and Budget (OMB) for review 
and clearance under the Paperwork Reduction Act of 1995 (P.L. 104-13, 
44 U.S.C. Chapter 35). These information collections are published to 
obtain comments from the public.

DATES: Comments will be accepted until August 4, 1998.

ADDRESSES: Interested parties are invited to submit written comments to 
NCUA Clearance Officer or OMB Reviewer listed below:

Clearance Officer: Mr. James L. Baylen (703) 518-6411, National Credit 
Union Administration, 1775 Duke Street, Alexandria, Virginia 22314-
3428, Fax No. 703-518-6433, E-mail: <a href="/cdn-cgi/l/email-protection#f8929a9981949d96b8969b8d99d69f978e"><span class="__cf_email__" data-cfemail="d5bfb7b4acb9b0bb95bbb6a0b4fbb2baa3">[email protected]</span></a>
OMB Reviewer: Alexander T. Hunt (202) 395-7860, Office of Management 
and Budget, Room 10226, New Executive Office Building, Washington, DC 
20503.

FOR FURTHER INFORMATION CONTACT: Copies of the information collection 
requests, with applicable supporting documentation, may be obtained by 
calling the NCUA Clearance Officer, James L. Baylen, (703) 518-6411.

SUPPLEMENTARY INFORMATION: Proposals for the following collections of 
information:
    OMB Number: 3133-0114.
    Form Number: N/A.
    Type of Review: Extension of a currently approved collection.
    Title: Payment on Shares by Public Units and Nonmembers.
    Description: 5 CFR 701.32 limits nonmember and public unit deposits 
in federally insured credit unions to 20 percent of their shares or 
$1.5 million, whichever is greater. The collection of information 
requirement is for those credit unions seeking an exemption from the 
above limit.
    Respondents: Credit unions seeking an exemption from the limits on 
share deposits by public unit and nonmember accounts set by 5 CFR 
701.32.
    Estimated No. of Respondents/Recordkeepers: 20.
    Estimated Burden Hours Per Response: 2 hours.
    Frequency of Response: Other. As exemption is requested.
    Estimated Total Annual Burden Hours: 40.
    Estimated Total Annual Cost: N/A.

    OMB Number: 3133-0116.
    Form Number: NCUA 9600, NCUA 4401, NCUA 4221, NCUA 4505, & NCUA 
4506.
    Type of Review: Extension of a currently approved collection.
    Title: 12 U.S.C. 1771--Conversion from Federal to State Credit 
Union and from State to Federal Credit Union.
    12 U.S.C. 1781--Insurance of Member Accounts--Eligibility.
    Description: The forms constitute the application for an approval 
of credit union conversions from federal to state charter and from 
state to federal charter. In addition, forms in the package contain the 
application and approval for federal insurance of member accounts in 
credit unions.
    Respondents: Credit unions seeking to convert from federal to state 
charter and from state to federal charter and non-federally insured 
state chartered credit unions seeking federal share insurance.
    Estimated No. of Respondents/Recordkeepers: 50.
    Estimated Burden Hours Per Response: 4 hours.
    Frequency of Response: Other. As credit unions seek approval to 
convert charter or federal share insurance.
    Estimated Total Annual Burden Hours: 200.
    Estimated Total Annual Cost: N/A.

    By the National Credit Union Administration Board on June 1, 
1998.
Becky Baker,
Secretary of the Board.
[FR Doc. 98-14907 Filed 6-4-98; 8:45 am]
BILLING CODE 7535-01-P


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