The 5300 Call Report is the backbone of the financial
reporting system. NCUA requires all federally insured credit unions to submit
this detailed information for use in assessing credit unions’ financial health
and observing important trends. NCUA also uses the Call Report as the basis for
examinations and has begun levying penalties when it’s not correctly completed.
How is your credit union’s Call Report information prepared and
submitted? What does it indicate about your institution? Could you identify an
issue in your reporting system? How can the data assist with governance?
Volunteers face increasing pressure to stay informed of the complex regulatory
and business realities of the financial services marketplace. This session will
provide guidance and practical tips for using your credit union’s call report.
- Call Report basics: from format to filing dates
Call Report information and schedules
- Navigating the NCUA website
- Understanding the reports: from financial performance ratios to full
- Tips to gain the most from a Call Report review
David A. Reed, JD, Reed & Jolly, PLLC