The National Credit Union Administration reported that 9 federally insured credit unions consented to civil monetary penalties for late filing their Call Reports in the third quarter of 2018.
The fines totaled $4,069 and ranged from $205 to $1,368.
Three factors determine the size of the fine: the credit union’s asset size, its Call Report filing history, and the length of the filing delay.
Click here for the list of credit unions and the fines paid.
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