57820 Federal Register / Vol. 75, No. 183 / Wednesday, September 22, 2010 / Notices 

1The CAMEL composite rating represents the 

adequacy of Capital, the quality of Assets, the 

capability of Management, the quality and level of 

Earnings, and the adequacy of Liquidity, and ranges 

from ‘‘1’’ (strongest) to ‘‘5’’ (weakest). 

information submitted in these forms, 

OGIS would be unable to fulfill its 

mission. 

Dated: September 14, 2010. 

Charles K. Piercy, 

Acting Assistant Archivist for Information 

Services. 

[FR Doc. 2010–23729 Filed 9–21–10; 8:45 am] 

BILLING CODE 7515–01–P 

NATIONAL CREDIT UNION 

ADMINISTRATION 

National Credit Union Administration 

Restoration Plan 

AGENCY: National Credit Union 

Administration (NCUA). 

ACTION: Approval of National Credit 

Union Administration restoration plan. 

On September 16, 2010, the National 

Credit Union Administration (NCUA) 

implemented a Restoration Plan for the 

National Credit Union Share Insurance 

Fund (NCUSIF). The Restoration Plan 

consists of the assessment of a premium 

of 0.1242 percent of insured shares that 

will increase the equity ratio of the 

NCUSIF to over 1.20 percent. 

As of August 31, 2010, increased loss 

provisions resulted in a decline in the 

NCUSIF’s equity ratio to 1.176 percent. 

Because the equity ratio of the NCUSIF 

declined below 1.20 percent, NCUA 

must establish and implement a plan to 

restore the equity ratio to 1.20 percent. 

Absent extraordinary circumstances, the 

equity ratio must be restored to 1.20 

percent before the end of an 8-year 

period beginning upon the 

implementation of the plan. The 

premium will achieve this requirement. 

The economy continues to present a 

challenge for the financial services 

sector. Housing remains a risk as 

foreclosures mount. While the credit 

cycle appears to have troughed, the 

level of delinquent loans, charge-offs, 

and foreclosed real estate in federally 

insured credit unions remains elevated. 

The credit union CAMEL ratings 

reflect the risk of loss associated with 

individual credit unions.1 As of June 30, 

2010, there were 366 federally insured 

credit unions with total assets of $48.8 

billion designated as problem 

institutions for safety and soundness 

purposes (defined as those credit unions 

having a composite CAMEL rating of ‘‘4’’ 

or ‘‘5’’), compared to 291 problem 

institutions with total assets of $28 

billion on June 30, 2009. The trend 

reflects both an increase in the total 

number of problem credit unions and 

the size of problem credit unions. 

Additionally, the number and asset size 

of CAMEL ‘‘3’’ rated credit unions 

increased. As of June 30, 2010, there 

were 1,739 CAMEL ‘‘3’’ rated credit 

unions with total assets of $149.8 billion 

compared to 1,485 credit unions with 

total assets of $86 billion on June 30, 

2009. The reserve for insurance fund 

losses has increased as a direct result of 

the shift to more adverse CAMEL codes. 

The premium of 0.1242 percent of 

insured shares will increase the equity 

of the NCUSIF to 0.30 percent of June 

30, 2010 insured shares. Based on 

reasonable assumptions for losses, 

insured share growth, and expenses, the 

premium will maintain the NCUSIF’s 

equity level well above the 1.20 percent 

minimum level through at least June 30, 

2011. 

NCUA will closely monitor the actual 

equity ratio and six month projections 

for the equity ratio. If needed to 

maintain the equity ratio of the NCUSIF 

above 1.20 percent, the NCUA Board 

will consider additional premiums after 

evaluation of the condition of the 

NCUSIF and federally insured credit 

unions. 

By the National Credit Union 

Administration Board on September 16, 

2010. 

Mary Rupp, 

Secretary of the Board. 

[FR Doc. 2010–23661 Filed 9–21–10; 8:45 am] 

BILLING CODE 7535–01–P 

NUCLEAR REGULATORY 

COMMISSION 

[Docket Nos. 52–034 and 52–035; NRC– 

2008–0594] 

Luminant Generation Company, LLC.; 

Combined License Application for 

Comanche Peak Nuclear Power Plant, 

Units 3 and 4; Environmental 

Assessment and Finding of No 

Significant Impact 

The U.S. Nuclear Regulatory 

Commission (NRC) is considering 

issuance of an exemption from Title 10 

of the Code of Federal Regulations (10 

CFR), § 50.71(e)(3)(iii) for the Comanche 

Peak Nuclear Power Plant (CPNPP), 

Units 3 and 4, Combined License (COL) 

Application, Docket Numbers 52–034 

and 52–035, submitted by Luminant 

Generation Company, LLC. (Luminant) 

for the proposed facility to be located in 

Somervell County, Texas. In accordance 

with 10 CFR 51.21, the NRC is issuing 

this environmental assessment and 

finding of no significant impact. 

Environmental Assessment— 

Identification of the Proposed Action 

The proposed action is a one-time 

schedule exemption from the 

requirements of 10 CFR 50.71(e)(3)(iii). 

During the period from the docketing of 

a COL application until the NRC makes 

a finding under 10 CFR 52.103(g) 

pertaining to facility operation, 

Luminant must, pursuant to 10 CFR 

50.71(e)(3)(iii), submit an annual update 

to the Final Safety Analysis Report 

(FSAR). The proposed exemption would 

allow Luminant to submit its COL 

application FSAR update, currently due 

in November 2010, on or before June 30, 

2011, and to submit the subsequent 

FSAR update in June, 2012. The current 

FSAR update schedule could not be 

changed, absent the exemption. The 

NRC is authorized to grant the 

exemption pursuant to 10 CFR 50.12. 

The proposed action is in accordance 

with Luminant’s request dated July 28, 

2010, and can be found in the 

Agencywide Documents Access and 

Management System (ADAMS) under 

accession number ML102110179. 

Need for the Proposed Action 

The proposed action is needed to 

provide Luminant sufficient time to 

fully incorporate into the COL 

application FSAR update, Revision 3 of 

the United States—Advanced 

Pressurized Water Reactor (US–APWR) 

Design Control Document (DCD), which 

Mitsubishi Heavy Industries Ltd. plans 

to submit to the NRC on or before March 

31, 2011. The CPNPP, Units 3 and 4, 

COL application references the US– 

APWR DCD. Luminant has requested a 

one-time exemption from the 

requirements specified in 10 CFR 

50.71(e)(3)(iii) in order to reduce the 

burden associated with identifying all 

committed changes that were made to 

the DCD, since Revision 2 to the US– 

APWR DCD. 

Environmental Impacts of the Proposed 

Action 

The NRC has completed its evaluation 

of the proposed action and concludes 

that there are no environmental impacts 

associated with the proposed 

exemption. The proposed exemption is 

solely administrative in nature in that it 

pertains to the schedule for submittal to 

the NRC of revisions to a COL 

application under 10 CFR Part 52. 

The proposed action will not 

significantly increase the probability or 

consequences of accidents. No changes 

are being made in the types of effluents 

that may be released offsite. There is no 


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