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View ICR - OIRA Conclusion

OMB Control No: 3133-0024	ICR Reference No: 200705-3133-001
Status: Historical Inactive	Previous ICR Reference No: 200408-3133-002
Agency/Subagency: NCUA	Agency Tracking No:
Title: Merger Related Compensation, 12 C.F.R. Part 708b, Subpart A
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Preapproved	Conclusion Date: 07/13/2007
	Date Received in OIRA: 05/08/2007
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2010	36 Months From Approved	01/31/2009
Responses	313	0	303
Time Burden (Hours)	1,565	0	7,530
Cost Burden (Dollars)	0	0	212,000

ICR Summary of Burden

	Total Request	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	313	303	10
Annual Time Burden (Hours)	1,565	7,530	-5,965
Annual Cost Burden (Dollars)	0	212,000	-212,000

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

Burden Increase Due to:

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

Burden Reduction Due to: Changing Regulations

Short Statement: On the average for the past five years, there were approximately 313 mergers each year that would be covered by the proposed rule. NCUA estimates that less than one per cent of these mergers will involve merger related financial arrangements as defined in the proposed rule.

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