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View ICR - OIRA Conclusion

OMB Control No: 3133-0163	ICR Reference No: 202603-3133-005
Status: Active	Previous ICR Reference No: 202303-3133-001
Agency/Subagency: NCUA	Agency Tracking No: OCFP
Title: Privacy of Consumer Financial Information, Regulation P, 12 CFR Part 1016
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: 06/26/2026
	Date Received in OIRA: 04/17/2026
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2029	36 Months From Approved	06/30/2026
Responses	1,806,038	0	1,584,760
Time Burden (Hours)	485,282	0	433,620
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	1,806,038	1,584,760	221,278
Annual Time Burden (Hours)	485,282	433,620	51,662
Annual Cost Burden (Dollars)	0	0	0

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: While the number of regulated entities decreased, credit union membership grew. Consequently, the number of respondents increased due to more potential credit union members, leading to an increase in consumers receiving opt-out notices, from 1,580,000 to 1,801,750.

Annual Cost to Federal Government: $0

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]? Yes

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: Dina O'Brien 703 664-3214

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