📊NCUA Proposes Revisions to Call Report Instructions
Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments
Summary
The NCUA has approved the publication of a proposal to extend for three years the NCUA Call Report (Form 5300), which is a currently approved information collection, for public comment. Revised instructions are included to improve clarity and accurate reporting. As required by the Paperwork Reduction Act of 1995, The NCUA is submitting the following extension of the currently approved information collection to the Office of Management and Budget (OMB) for renewal. The revised instructions are proposed to take effect with the September 30, 2025, report date.
Agencies
- National Credit Union Administration
Business Impact
$$ - Med
The notice involves compliance requirements for federally insured credit unions (FICUs) regarding the NCUA Form 5300 Call Report, which affects financial reporting and oversight. It emphasizes revised instructions for accurate data collection, crucial for business operations within the credit union sector.