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View ICR - OIRA Conclusion

OMB Control No: 3133-0101	ICR Reference No: 202002-3133-001
Status: Historical Active	Previous ICR Reference No: 201607-3133-003
Agency/Subagency: NCUA	Agency Tracking No: E&I
Title: 12 CFR Part 723, Member Business Loans; Commercial Lending
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 06/04/2020
	Date Received in OIRA: 04/30/2020
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2023	36 Months From Approved	06/30/2020
Responses	1,828	0	1,671
Time Burden (Hours)	3,656	0	46,752
Cost Burden (Dollars)	0	0	1,442,232

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	1,828	1,671	157
Annual Time Burden (Hours)	3,656	46,752	-43,096
Annual Cost Burden (Dollars)	0	1,442,232	-1,442,232

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: No

Burden Reduction Due to:

Short Statement: Adjustments have been made to (1) amend previously reported burden to only reflect burden associated with the requirements under PRA. The regulatory burden previous included in these totals has been removed. (2) A credit risk rating system is a requirement of the commercial lending policy and procedures and has been removed as a separate information collection. (3) The requirement to document collateral and construction budgets had previously been omitted, has been added. These adjustments reduce the burden by 43,096 hours, for a total of 3,656 burden hours requested.

Annual Cost to Federal Government: $127,960

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

Agency Contact: Uduak Essien 703 518-6399 uessien@ncua.gov

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