NCUA Profile - NCUA Form 4501A

ICR 202410-3133-005

OMB: 3133-0204

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supplementary Document
2024-10-21
Supporting Statement A
2024-10-21
IC Document Collections
IC ID
Document
Title
Status
238251 Modified
ICR Details
3133-0204 202410-3133-005
Received in OIRA 202308-3133-012
NCUA E&I
NCUA Profile - NCUA Form 4501A
Revision of a currently approved collection   No
Regular 10/21/2024
  Requested Previously Approved
36 Months From Approved 10/31/2026
18,288 18,848
36,576 37,696
0 0

Sections 106 and 202 of the Federal Credit Union Act require federally insured credit unions to make financial reports to the NCUA. Section 741.6 requires insured credit unions to submit a Credit Union Profile (NCUA Form 4501A) and update the Profile within 10 days of election or appointment of senior management or volunteer officials or 30 days of other changes in Program information. The NCUA website further directs credit unions to review and certify their Profiles every Call Report cycle. Credit union information collected through the Profile is essential to the NCUA supervision of federal credit unions and also facilitates the NCUA monitoring of other credit unions with share accounts insured by the National Credit Union Share Insurance Fund (NCUSIF).

US Code: 12 USC 1756 Name of Law: Reports and examinations
   US Code: 12 USC 1782 Name of Law: Administration of insurance fund
  
None

Not associated with rulemaking

  89 FR 60662 07/26/2024
89 FR 83909 10/18/2024
Yes

1
IC Title Form No. Form Name
NCUA Profile NCUA 4501 A NCUA Profile

  Total Request 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 18,288 18,848 0 0 -560 0
Annual Time Burden (Hours) 36,576 37,696 0 0 -1,120 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The number of respondents decreased to 4,572 resulting in a slight decrease in total annual burden hours.

$858,989
No
    Yes
    No
No
No
No
No
Mary Jo Thor 703 518-6586 mthor@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.
10/21/2024


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