Authorization Agreement for Electronic Funds Transfers Payments

ICR 201702-3133-002

OMB: 3133-0135

Federal Form Document

ICR Details
3133-0135 201702-3133-002
Historical Active 201310-3133-017
NCUA OCFO
Authorization Agreement for Electronic Funds Transfers Payments
Extension without change of a currently approved collection   No
Regular
Approved without change 06/15/2017
Retrieve Notice of Action (NOA) 03/31/2017
  Inventory as of this Action Requested Previously Approved
06/30/2020 36 Months From Approved 06/30/2017
100 0 700
25 0 158
842 0 4,210

NCUA is required under the Debt Collection Improvement Act of 1996 (Pub.L 104-134; 31 U.S.C. 3701) to issue payments to credit unions electronically. NCUA needs information to maintain up-to-date and accurate electronic payment data for new and existing credit unions. NCUA used the information on the Authorization Agreement for Electronic Funds Transfer Payments form to update their electronic routing and transit database to enable transmittal of funds and payments.

PL: Pub.L. 104 - 134 31001 Name of Law: Debt Collection Improvement Act of 1996
  
None

Not associated with rulemaking

  82 FR 8437 01/25/2017
82 FR 16073 03/31/2017
No

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 100 700 0 0 -600 0
Annual Time Burden (Hours) 25 158 0 0 -133 0
Annual Cost Burden (Dollars) 842 4,210 0 0 -3,368 0
No
No
Adjustments to the number of respondents have been made to reflect only submissions made by new or FCU requesting changes to their account information.

$1,287
No
No
No
No
No
Uncollected
Joanne Yip 703 518-6691 jyip@ncua.gov

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
03/31/2017


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