View Information Collection Request (ICR) Package

View ICR - Agency Submission

OMB Control No: 3133-0151	ICR Reference No: 202609-3133-004
Status: Received in OIRA	Previous ICR Reference No: 202307-3133-002
Agency/Subagency: NCUA	Agency Tracking No: E&I
Title: Leasing - 12 CFR Part 714
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular	Date Submitted to OIRA: 09/29/2026

	Requested	Previously Approved
Expiration Date	36 Months From Approved	10/31/2026
Responses	474	415
Time Burden (Hours)	948	830
Cost Burden (Dollars)	0	0

ICR Summary of Burden

	Total Request	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	474	415	59
Annual Time Burden (Hours)	948	830	118
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: An adjustment was made to the number of credit unions that offer leasing products attributed to current updated data since the last collection request. Based on recent data, NCUA estimates that 79 federal credit unions are engaged in leasing activities and that it will take an average of 2 hours to collect and analyze the information. Further, we estimate that each credit union will, on average, grant 6 leases per year where they rely on the excess residual value is greater than 25 percent of the original cost of the leased property. The total annual collection burden is estimated to be approximately 948 hours.

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]? 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: Naghi Khaled 703 664-3883

Something went wrong when downloading this file. If you have any questions, please send an email to risc@gsa.gov.