Friday, January 23, 2015

Thirty-one CUs Fined for Late Filing 3rd Quarter Call Report

Thirty-one federally insured credit unions will pay civil money penalties for missing the third-quarter 2014 Call Report filing deadline.

The late filers will pay a total of $12,820 in penalties. Individual penalties will range from $138 to $1,878. The median penalty was $176.

Nineteen credit unions had assets of less than $10 million; 7 credit unions had assets between $10 million and $50 million; and five credit unions had assets between $50 million and $250 million.

Read the press release. Link to list of late filers.

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