Tuesday, November 18, 2014

47 CUs Miss Q3 Call Report Filing Deadline

The number of federally insured credit unions filing their Call Reports late in the third quarter was 47. This is down from 75 credit unions that missed the second quarter Call Report filing deadline.

Only one credit union was late in filing its Call Report in both the second and third quarters.

Forty of the late-filing credit unions have assets of less than $50 million. The other seven credit unions had between $50 million and $250 million in assets.

The imposition of civil money penalties earlier this year by NCUA has improved compliance by credit unions in meeting the filing deadline.

Read the press release.
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