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View ICR - OIRA Conclusion

OMB Control No: 3133-0024	ICR Reference No: 201310-3133-016
Status: Historical Active	Previous ICR Reference No: 200408-3133-002
Agency/Subagency: NCUA	Agency Tracking No:
Title: Mergers of Federally-Insured Credit Unions; Voluntary Termination or Conversion of Insured Status
Type of Information Collection: Reinstatement with change of a previously approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/13/2013
	Date Received in OIRA: 10/27/2013
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2016	36 Months From Approved
Responses	242	0	0
Time Burden (Hours)	8,424	0	0
Cost Burden (Dollars)	336,960	0	0

Authorizing Statute(s): US Code: 12 USC 1766(a) Name of Law: Powers of the Board
   US Code: 12 USC 1752(7) Name of Law: Definitions
   US Code: 12 USC 1789(a) Name of Law: Administrative provisions
   US Code: 12 USC 1785(b) and (c) Name of Law: Requirements governing insured credit unions
   US Code: 12 USC 1786(a), (c), and (d) Name of Law: Termination of insured credit union status; cease and desist orders; removal or suspension, etc.

Citations for New Statutory Requirements: None

ICR Summary of Burden

	Total Approved	Change Due to Agency Discretion	Change Due to Potential Violation of the PRA
Annual Number of Responses	242	-61	303
Annual Time Burden (Hours)	8,424	894	7,530
Annual Cost Burden (Dollars)	336,960	124,960	212,000

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: This is a reinstatement of a previously approved collection. The change in hour and cost burden is attributable to a decrease in the number of credit unions engaging in mergers and share insurance conversions and an increase in the estimated costs to credit unions and NCUA.

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