Agency Information Collection Activities: Revision of an Approved Information Collection; Submission for OMB Review; Company-Run Annual Stress Test Reporting Template and Documentation for Covered Institutions With Total Consolidated Assets of $250 Billion or More Under the Dodd-Frank Wall Street Reform and Consumer Protection Act

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The brief below is a reading aid. The original source material and source link remain the governing reference.

Operational Brief

The OCC is revising the 'Company-Run Annual Stress Test Reporting Template and Documentation' for covered institutions with total consolidated assets of $250 billion or more. The revision has been submitted for OMB review under the Paperwork Reduction Act of 1995.

Why It Matters for Texas Credit Unions

The article does not explicitly mention Texas, TCUD, or any Texas-specific entities. It is a general federal regulation applicable to all covered institutions under the Dodd-Frank Act.

Who this most likely affects

Bounded site guidance: This item is most likely relevant for credit unions with retail consumer programs, deposit products, or frontline member-service exposure.

Why this fit: The source language points to consumer treatment, product, or disclosure practices.

This is site guidance, not a formal determination. Federal Register - OCC and the original source material remain the governing reference.

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Original Source Material

The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning a revision to its information collection titled, "Company-Run Annual Stress Test Reporting Template and Documentation for Covered Institutions with Total Consolidated Assets of $250 Billion or More under the Dodd- Frank Wall Street Reform and Consumer Protection Act." The OCC also is giving notice that it has sent the collection to OMB for review.