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.
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.