Federal Register / Vol. 89, No. 249 / Monday, December 30, 2024 / Notices 106605 

1 89 FR 75590 (September 16, 2024). 

OSHA will publish a public notice of 

the final decision in the Federal 

Register. 

V. Authority and Signature 

James S. Frederick, Deputy Assistant 

Secretary of Labor for Occupational 

Safety and Health, 200 Constitution 

Avenue NW, Washington, DC 20210, 

authorized the preparation of this 

notice. Accordingly, the agency is 

issuing this notice pursuant to 29 U.S.C. 

657(g)(2), Secretary of Labor’s Order No. 

8–2020 (85 FR 58393; Sept. 18, 2020), 

and 29 CFR 1910.7. 

Signed at Washington, DC, on December 

20, 2024. 

James S. Frederick, 

Deputy Assistant Secretary of Labor for 

Occupational Safety and Health. 

[FR Doc. 2024–31342 Filed 12–27–24; 8:45 am] 

BILLING CODE 4510–26–P 

NATIONAL CREDIT UNION 

ADMINISTRATION 

Revision of Agency Information 

Collection of a Previously Approved 

Collection; Request for Comments 

AGENCY: National Credit Union 

Administration (NCUA). 

ACTION: Notice of submission to the 

Office of Management and Budget. 

SUMMARY: As required by the Paperwork 

Reduction Act of 1995, the National 

Credit Union Administration (NCUA) is 

submitting the following revision of 

currently approved collection to the 

Office of Management and Budget 

(OMB) for renewal. The revisions are 

proposed to take effect with the March 

31, 2025, report date. 

DATES: Written comments should be 

received on or before January 29, 2025 

to be assured consideration. 

ADDRESSES: You may submit written 

comments on the information collection 

by any of the following methods 

identified by the OMB Control Number 

3133–0004 or by Document Number 

(Please send comments by one method 

only): 

Federal Register Portal: https://

www.federalregister.gov Find this 

information collection by searching for 

‘‘National Credit Union 

Administration’’, then selecting ‘‘Past 90 

days’’, and scrolling through the list of 

documents. 

Regulations.gov: https://

www.regulations.gov/search?filter=ncua 

Find this information collection by 

scrolling through the search results and 

looking for Call Report Form 2025–Q1. 

Rulemakings and Proposals for 

Comment: https://ncua.gov/regulationsupervision/rulemakings-proposalscomment NCUA will post a link to the 

regulations.gov web page where you can 

submit a comment by selecting 

Comment. 

Mail: 1775 Duke Street, Suite 5067, 

Alexandria, Virginia 22314. 

Fax: 703–519–8161. 

Email: PRAComments@NCUA.gov. 

FOR FURTHER INFORMATION CONTACT: 

Copies of the submission may be 

obtained by contacting Dacia Rogers at 

(703) 518–6547, emailing 

PRAComments@ncua.gov, or viewing 

the entire information collection request 

at www.reginfo.gov. Enhanced content is 

also available from the Notice on the 

Federal Register website. 

(www.federalregister.gov). In addition, 

copies of the NCUA Form 5300, Call 

Report Form and Instructions can be 

obtained at the NCUA’s website (https:// 

ncua.gov/regulation-supervision/ 

regulatory-reporting/cuonline). 

SUPPLEMENTARY INFORMATION: 

OMB Number: 3133–0004. 

Title: NCUA Call Report. 

Type of Review: Revision of a 

currently approved collection. 

Abstract: Sections 106 and 202 of the 

Federal Credit Union Act require 

federally insured credit unions to 

submit financial reports to the NCUA. 

Section 741.5 of the NCUA regulations 

describes the method federally insured 

credit unions must use to submit this 

information to NCUA. Specifically, 

credit unions use NCUA Form 5300, 

Call Report to file quarterly financial 

and statistical data through NCUA’s 

online portal, CUOnline. This financial 

and statistical information is essential to 

NCUA’s supervision of federal credit 

unions and the data gathered through 

the Form 5300, Call Report facilitates 

NCUA’s monitoring of other credit 

unions with share accounts insured by 

the National Credit Union Share 

Insurance Fund (Share Insurance Fund). 

Form 5300 Credit Union Call Report— 

Proposed Changes and Comments 

Received 

In the September 16, 2024, notice, the 

NCUA proposed revisions to the Form 

5300, Call Report including revisions to 

Schedule A, Section 4; Schedule C, 

Section 4; Schedule D, Section 2; and 

Schedule D, Section 3.1 The comment 

period for the September 2024 notice 

ended on November 15, 2024. The 

NCUA received 20 comment letters, 2 of 

which did not apply to the actual 

information collection. 

Schedule A, Section 4 

The NCUA proposed two additional 

accounts for credit unions to report the 

year-to-date number and amount of 

loans granted to credit union officials 

and senior executive staff. Four 

commenters objected to reporting the 

year-to-date number and amount of 

loans granted to credit union officials 

and senior executive staff because the 

information is included in the Items 

Needed List for an examination. These 

commenters did not see the benefit of 

providing this information quarterly. 

After considering these comments, the 

NCUA will not proceed with the 

proposed changes. 

The NCUA proposed to remove two 

accounts for credit unions to report 

information related to Purchased Credit 

Impaired Loans. No comments were 

received related to removing these 

accounts. 

Schedule C, Section 4 

The NCUA proposed to remove three 

accounts where credit unions 

previously reported information related 

to FRB Paycheck Protection Program 

Lending Facility loans. No comments 

were received related to removing these 

accounts. 

The NCUA also proposed to add an 

account for credit unions to report 

assets pledged to secure deposits, other 

funding arrangements, and other 

counterparty requirements. No 

comments were received related to 

adding this account. 

Schedule D, Section 2 

The NCUA proposed adding or 

changing accounts on Schedule D, 

Section 2 as noted in the September 16, 

2024, Federal Register Notice. One 

commenter objected to adding the 

accounts related to non-member term 

deposits because this information is 

already reported in the same section. 

Reporting these deposits in Items 15 and 

16 assists the NCUA in monitoring 

compliance with NCUA regulations 

§ 701.32(b). The NCUA will proceed 

with the proposed change. 

Schedule D, Section 3 

The NCUA proposed adding three 

accounts for credit unions to report the 

maturity distribution of total uninsured 

shares and deposits. Ten commenters 

indicated that the instructions needed 

more detail to enable credit unions to 

determine how to report the maturity 

distribution. The NCUA revised the 

proposed instructions for Schedule D, 

Section 3. The proposed instruction 

changes indicate credit unions should 

assume the longest maturity term shares 

are insured first. 


ddrumheller on DSK120RN23PROD with NOTICES1
106606 Federal Register / Vol. 89, No. 249 / Monday, December 30, 2024 / Notices 

One commenter was concerned that 

the reporting of the maturity 

distribution of uninsured shares 

contradicted NCUA regulations 

§ 745.200(c), which states that insurance 

coverage will be prorated among the 

member’s interest in all accounts. The 

maturity distribution information 

reported on the Form 5300, Call Report 

will not be used to determine share 

insurance coverage and will be used to 

monitor uninsured share behavior. 

Shares will be evaluated by NCUA to 

determine insurance coverage only 

when a credit union fails. 

One commenter stated the reason 

NCUA provided for adding these 

accounts was not sufficient. Regulators 

and industry analysts cite uninsured 

deposit runoff as a contributing factor in 

postmortem assessments of the 2023 

banking failures. Uninsured deposits are 

not as important to the funding mix for 

credit unions as they are for banks; 

however, the amount of uninsured 

shares has been increasing in the credit 

union system. Trends in uninsured 

depositor behavior can signal emerging 

risks to credit union system stability 

and the share insurance fund. 

The NCUA already collects total 

uninsured deposit information on the 

Form 5300, Call Report. The maturity 

distribution will enable a more 

complete assessment of depositor 

behavior at the system and individual 

institution levels. 

Four commenters were also 

concerned that the core processor would 

not be able to implement these changes 

in time to accurately report for the 

March 2025 quarter. While the NCUA 

continues to believe the information 

obtained will be useful for evaluating 

depositor behavior and the movement 

between uninsured non-maturity shares 

and share certificates, the need for 

additional time to develop adequate 

reporting systems is understandable. To 

provide time for credit unions to work 

with their core processors, the NCUA 

will not require credit unions to report 

the maturity distribution of uninsured 

shares in March 2025. 

Other Comments Received 

The NCUA also received comments 

related to the added burden on credit 

unions, the requirement to add negative 

share accounts to loans, and a 

Community Development Financial 

Institution (CDFI) designator. 

Burden 

Seven commenters were concerned 

with the increase in burden. Before the 

NCUA proposes adding items to the 

Form 5300, Call Report, it weighs the 

burden on credit unions against the 

benefit of the information. The NCUA 

feels the modest increase in burden is 

justified to protect the Share Insurance 

Fund and facilitate offsite development 

of an examination scope. While the 

NCUA understands these concerns, the 

agency does not expect these revisions 

will result in a material increase in 

reporting burden. 

Negative Shares Added to Loans 

One commenter wanted to eliminate 

the requirement to add negative shares 

to unsecured loans and to shares. The 

NCUA cannot eliminate this 

requirement because it is a requirement 

of generally accepted accounting 

principles. 

Community Development Financial 

Institution Designator 

One commenter suggested that the 

NCUA add a designator for credit 

unions to self-report as a CDFI. CDFI is 

a designation given by the CDFI Fund to 

financial institutions that provide 

financial services in low-income 

communities and to people who lack 

access to financing. The NCUA does not 

give CDFI designations, therefore the 

agency does not maintain a database of 

CDFI credit unions. Interested parties 

may obtain a list of CDFI credit unions 

at the CDFI Fund website—(https://

www.cdfifund.gov/programs-training/ 

certification/cdfi). 

The NCUA will consider adding a 

checkbox for credit unions to 

voluntarily disclose their CDFI 

designation on a future Form 4501A, 

Profile. If the NCUA adds a CDFI 

designator, the Form 4501A, Profile 

would be the appropriate form because 

the designation, once reported, would 

not need to be changed every quarter. 

Affected Public: Private Sector: Notfor-profit institutions. 

Estimated Number of Respondents: 

4,499. 

Estimated Number of Responses per 

Respondent: 4. 

Estimated Total Annual Responses: 

17,996. 

Estimated Hours per Response: 4. 

Estimated Total Annual Burden 

Hours: 71,984. 

Reason for Change: Burden decreased 

due to a decrease in the number of 

respondents. 

Request for Comments: Comments 

submitted in response to this notice will 

be summarized and included in the 

request for Office of Management and 

Budget approval. All comments will 

become a matter of public record. The 

public is invited to submit comments 

concerning: (a) whether the collection of 

information is necessary for the proper 

performance of the function of the 

agency, including whether the 

information will have practical utility; 

(b) the accuracy of the agency’s estimate 

of the burden of the collection of 

information, including the validity of 

the methodology and assumptions used; 

(c) ways to enhance the quality, utility, 

and clarity of the information to be 

collected; and (d) ways to minimize the 

burden of the collection of the 

information on the respondents, 

including the use of automated 

collection techniques or other forms of 

information technology. 

By the National Credit Union 

Administration Board. 

Melane Conyers-Ausbrooks, 

Secretary of the Board. 

[FR Doc. 2024–31250 Filed 12–27–24; 8:45 am] 

BILLING CODE 7535–01–P 

NATIONAL FOUNDATION ON THE 

ARTS AND THE HUMANITIES 

National Endowment for the Arts 

Tribal Consultation 

AGENCY: National Endowment for the 

Arts. 

ACTION: Request for comments. 

SUMMARY: In accordance with the 

National Endowment for the Arts (NEA) 

tribal consultation policy, the NEA 

solicits written comments from federally 

recognized tribes. 

DATES: Written comments for the 

FY2025 Tribal Consultation will be 

solicited for a 60-day window or until 

March 6, 2025. Comments must be 

submitted to the office listed in the 

address section below on or before the 

close of business on March 6, 2025. 

Comments received after that date will 

be considered to the extent practicable. 

A summary report of the written 

comments, NEA responses, 

recommendations, and items identified 

for follow-up or additional action will 

be drafted and distributed via the 

Federal Register no later than 30 days 

after the closing of the comment period. 

Following dissemination of the draft 

summary, the record will remain open 

for 21 days to allow tribes to submit 

written testimony or additional 

comments before the report is finalized 

and published on the NEA website. 

ADDRESSES: Please send comments to 

Native Arts Working Group, National 

Endowment for the Arts, via email at 

NativeArts@arts.gov. 

SUPPLEMENTARY INFORMATION: Through 

this Request for Comments, the NEA is 

seeking input and comments from 

elected or appointed tribal leaders and 


ddrumheller on DSK120RN23PROD with NOTICES1