[Federal Register: February 27, 2004 (Volume 0, Number 0)]
[Page 9199-9201]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr27fe04-3]
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NATIONAL CREDIT UNION ADMINISTRATION
12 CFR Parts 701 and 790
Organization and Operations of Federal Credit Unions; Description
of NCUA
AGENCY: National Credit Union Administration (NCUA).
ACTION: Final rule.
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SUMMARY: The National Credit Union Administration (NCUA) Board decided
to restructure NCUA's regions, effective January 1, 2004, due to
economic and operational factors. The final rule amends the NCUA's
regulations to reflect the resulting elimination of one office and the
relocation of another office. The final rule also amends the office
description of NCUA's Executive Director to include the delegated
responsibility of being the NCUA's Director of Equal Employment
Opportunity (EEO).
[[Page 9200]]
EFFECTIVE DATE: January 1, 2004.
FOR FURTHER INFORMATION CONTACT: Regina Metz, Staff Attorney, Division
of Operations, Office of General Counsel, (703) 518-6540, National
Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-
3428.
SUPPLEMENTARY INFORMATION: The NCUA Board is amending parts 701 and 790
of its regulations, to conform them to the restructuring of NCUA's
regional office locations. 12 CFR parts 701, 790. The NCUA is
transitioning from six regional offices to five, and relocating its
California office to Arizona. The new regional structure is effective
January 1, 2004, but we note that the Lisle, Illinois office will
remain open until April 3, 2004. In part 701, the office addresses are
found in Appendix C to NCUA's Interpretive Ruling and Policy Statement
(IRPS) 03-1.
The Board is also amending part 790 to reflect that, while the NCUA
Board has ultimate responsibility for all equal employment opportunity
programs within NCUA, the Board has delegated responsibility to NCUA's
Executive Director to be Director of EEO.
Regulatory Procedures
Final Rule Under the Administrative Procedure Act
The revisions made to this part are not subject to the notice and
comment provisions of the Administrative Procedure Act (APA), 5 U.S.C.
551 et seq. The final rule revisions relate only to matters relating to
agency management and personnel, topics exempt from APA requirements. 5
U.S.C. 553(a)(2).
Effective Date
NCUA also finds good cause to dispense with the 30-day delayed
effective date requirement under the APA. 5 U.S.C. 553(d)(3). The rule
relates only to internal agency operations. The rule will, therefore,
be effective on the day the new regional structure is effective,
January 1, 2004.
Regulatory Flexibility Act
An initial regulatory flexibility analysis under the Regulatory
Flexibility Act is required only when an agency is required to publish
a general notice of proposed rulemaking for any proposed rule. 5 U.S.C.
603. As noted previously, NCUA has determined that it is unnecessary to
publish a notice of proposed rulemaking for this rule. Accordingly, an
initial regulatory analysis is not required. Moreover, since this final
rule imposes no new requirements and makes only housekeeping
amendments, NCUA has determined and certifies that this rule will not
have any significant economic impact on a substantial number of small
credit unions (primarily those under $10 million in assets).
Small Business Regulatory Enforcement Fairness Act
Title II of the Small Business Regulatory Enforcement Fairness Act
(SBREFA) of 1996 (Pub. L. 104-121) provides, generally, for
congressional review of agency rules. A reporting requirement is
triggered in instances where NCUA issues a final rule as defined by
section 551 of the APA. 5 U.S.C. 551. The Office of Management and
Budget has reviewed this rule and has determined that for purposes of
the Small Business Regulatory Enforcement Fairness Act of 1996 it is
not a major rule.
Paperwork Reduction Act
NCUA has determined that the final rule does not increase paperwork
requirements under the Paperwork Reduction Act of 1995 (44 U.S.C. 3501
et seq.) and regulations of the Office of Management and Budget.
Executive Order 13132 Statement
Executive Order 13132 encourages independent regulatory agencies to
consider the impact of their regulatory actions on State and local
interests. In adherence to fundamental federalism principles, NCUA, an
independent regulatory agency as defined in 44 U.S.C. 3502(5),
voluntarily complies with the Executive Order. NCUA has determined that
this final rule does not constitute a policy that has federalism
implications for purposes of the Executive Order.
The Treasury and General Government Appropriations Act, 1999--
Assessment of Federal Regulations and Policies on Families
The NCUA has determined that this final rule will not affect family
well-being within the meaning of section 654 of the Treasury and
General Government Appropriations Act, 1999, Pub. L. 105-277, 112 Stat.
2681 (1998).
List of Subjects in 12 CFR Parts 701 and 790
Credit unions.
By the National Credit Union Administration Board on February
20, 2004.
Becky Baker,
Secretary of the Board.
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For the reasons stated in the preamble, NCUA amends 12 CFR chapter VII
as set forth below:
PART 701--ORGANIZATION AND OPERATION OF FEDERAL CREDIT UNIONS
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1. The authority citation for part 701 continues to read as follows:
Authority: 12 U.S.C. 1752(5), 1755, 1756, 1757, 1759, 1761a,
1761b, 1766, 1767, 1782, 1784, 1787, 1789.
Section 701.6 is also authorized by 15 U.S.C. 3717.
Section 701.31 is also authorized by 15 U.S.C. 1601, et seq., 42
U.S.C. 1981 and 3601-3610.
Section 701.35 is also authorized by 12 U.S.C. 4311-4312.
Note: The text of the Interpretive Ruling and Policy Statement
(IRPS 03-1) does not appear in the Code of Federal Regulations.
Sec. 701.1 [Amended]
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2. In IRPS 03-1 (68 FR 18340, April 15, 2003), Appendix C is revised to
read as follows:
Appendix C.--NCUA Offices
Central Office
1775 Duke Street
Alexandria, VA 22314-3428
Commercial: 703-518-6300
Region I--Albany
9 Washington Square
Washington Avenue Extension
Albany, NY 12205-5512
Commercial: 518-862-7400
FAX: 518-862-7420
Connecticut Maine
Massachusetts Michigan
New Hampshire New York
Rhode Island Vermont
Region II--Capital
1775 Duke Street, Suite 4206
Alexandria, VA 22314-3437
Commercial: 703-519-4600
FAX: 703-519-4620
Delaware District of Columbia
Maryland New Jersey
Pennsylvania Virginia
West Virginia
Region III--Atlanta
7000 Central Parkway, Suite 1600
Atlanta, GA 30328-4598
Commercial: 678-443-3000
FAX: 678-443-3020
Alabama Florida
Georgia Indiana
Kentucky Mississippi
North Carolina Ohio
Puerto Rico South Carolina
Tennessee Virgin Islands
Region IV--Austin
4807 Spicewood Springs Road, Suite 5200
Austin, TX 78759-8490
Commercial: 512-342-5600
FAX: 512-342-5620
Arkansas Illinois
Iowa Kansas
Louisiana Minnesota
[[Page 9201]]
Missouri Nebraska
North Dakota Oklahoma
South Dakota Texas
Wisconsin
Region V--Tempe
1230 W. Washington Street, Suite 301
Tempe, AZ 85281
Commercial: 602-302-6000
FAX: 602-302-6024
Alaska Arizona
American Samoa California
Colorado Guam
Hawaii Idaho
Montana Nevada
New Mexico Oregon
Utah Washington
Wyoming
PART 790--DESCRIPTION OF NCUA; REQUESTS FOR AGENCY ACTION
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3. The authority citation for part 790 continues to read as follows:
Authority: 12 U.S.C. 1766, 1789, 1795f.
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4. Amend Sec. 790.2 as follows:
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a. Revise paragraph (a);
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b. Add a new sentence at the end of paragraph (b)(6); and
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c. Revise paragraph (c)(1).
Sec. 790.2 Central and Regional Office Organization.
(a) General organization. NCUA is composed of the Board with a
Central Office in Alexandria, Virginia, five Regional Offices, the
Asset Management and Assistance Center, the Community Development
Revolving Loan Program, and the NCUA Central Liquidity Facility (CLF).
(b) * * *
(6) * * * The Executive Director also serves as the agency's
Director of Equal Employment Opportunity (EEO).
* * * * *
(c) Regional Offices.
(1) NCUA's programs are conducted through five Regional Offices:
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Region No. Area within region Office address
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I............................... Connecticut, 9 Washington
Maine, Square,
Massachusetts, Washington Avenue
Michigan, New Extension,
Hampshire, Albany, NY 12205-
Michigan, New 5512.
Hampshire, New
York, Rhode
Island, Vermont.
II.............................. Delaware, District 1775 Duke Street,
of Columbia, Suite 4206,
Maryland, New Alexandria, VA
Jersey, 22314-3437.
Pennsylvania,
Virginia, West
Virginia.
III............................. Alabama, Florida, 7000 Central
Georgia, Indiana, Parkway, Suite
Kentucky, 1600, Atlanta, GA
Mississippi, 30328-4598.
North Carolina,
Ohio, Puerto
Rico, South
Carolina,
Tennessee, Virgin
Islands.
IV.............................. Arkansas, 4807 Spicewood
Illinois, Iowa, Springs Road,
Kansas, Suite 5200,
Louisiana, Austin, TX 78759-
Minnesota, 8490.
Missouri,
Nebraska, North
Dakota, Oklahoma,
South Dakota,
Texas, Wisconsin.
V............................... Alaska, Arizona, 1230 W. Washington
American Samoa, Street, Suite
California, 301, Tempe, AZ
Colorado, Guam, 85281.
Hawaii, Idaho,
Montana, Nevada,
New Mexico,
Oregon, Utah,
Washington,
Wyoming.
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[FR Doc. 04-4314 Filed 2-26-04; 8:45 am]
BILLING CODE 7533-01-P