Monday, December 30, 2013 10:35:00 AM
On October 24, 2013, the NCUA Board finalized a new rule requiring all federally insured credit unions to file quarterly Call Reports and Profile data electronically, beginning tomorrow, December 31st. In a Letter to Credit Unions, 13-CU-11, NCUA informs credit unions that they must use NCUA’s information management system or other electronic means specified by NCUA; paper filing is no longer permitted, and NCUA will no longer mail out paper Call Report and Profile forms.
This rule will take effect in January 2014 when fourth-quarter Call Reports are due. Credit unions must begin electronically filing Call Report and Profile information starting with the December 31, 2013, Call Report cycle using NCUA’s online system, CU Online, available at https://cuonline.ncua.gov/. The filing deadline for December 2013 Call Report and Profile information is January 24th, 2014.
NCUA also adjusted Call Report filing deadlines for 2014 to provide more time for credit unions to file. For 2014, NCUA has adjusted all Call Report and Profile submission due dates to the fourth Friday of each month following the end of a quarter. Click here for the new dates.