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This podcast provides you the ability to listen to new regulatory guidance issued by the National Credit Union Administration, and occasionally the F D I C, the O C C, the F F I E C, or the C F P B. We will focus on new and material agency guidance, and historically important and still active guidance from past years that NCUA cites in examinations or conversations. This podcast is educational only and is not legal advice. We are sponsored by Credit Union Exam Solutions Incorporated. We also have another podcast called With Flying Colors where we provide tips for achieving success with the N C U A examination process and discuss hot topics that impact your credit union.
Samantha: Hello, this is Samantha Shares.
This episode covers the Request
for Information Regarding
Enhancing and Streamlining Data
Collection From Credit Unions.
The following is an audio
version of that document.
This podcast is educational
and is not legal advice.
We are sponsored by Credit Union
Exam Solutions Incorporated, whose
team has over two hundred and
forty years of National Credit
Union Administration experience.
We assist our clients with N C
U A so they save time and money.
If you are worried about a recent,
upcoming, or in process N C U A
examination, reach out to learn how they
can assist at Mark Treichel dot com.
Also check out our other podcast called
With Flying Colors where we provide tips
on how to achieve success with N C U A.
And now the document.
Summary.
The National Credit Union
Administration, N C U A, is issuing
this request for information, R F
I, on opportunities to enhance and
streamline N C U A's data collections.
Specifically, this R F I covers
data collected through the 5300
Call Report, referred to as the Call
Report, the 5310 Corporate Credit
Union Call Report, referred to as the
Corporate Call Report, and Form 4501A
Profile, referred to as the Profile.
Through this R F I, the N C U A
is soliciting feedback on the key
challenges faced by federally insured
credit unions, F I C U s, as they use
these reports and related systems,
and any suggestions for improvement.
N C U A intends to issue additional
R F I s in the future to solicit
stakeholder input on other N C U
A data collections and systems.
Dates.
Comments must be received
by June 23, 2026.
Addresses.
Comments may be submitted in
one of the following ways.
Please send comments by one method only.
Via the Federal eRulemaking
Portal at regulations dot gov.
The docket number for this
request for information is
N C U A dash 2026 dash 0925.
Follow the Submit a comment instructions.
If you are reading this document on
federalregister dot gov, you may use
the green Submit A Public Comment button
beneath this document's title to submit a
comment to the regulations dot gov docket.
By mail, address to Melane
Conyers-Ausbrooks, Secretary of
the Board, National Credit Union
Administration, 1775 Duke Street,
Alexandria, Virginia, 22314 dash 3428.
Hand delivery or courier is the
same as the mailing address.
Mailed and hand-delivered
comments must be received by
the close of the comment period.
Public inspection.
Please follow the search
instructions on regulations dot
gov to view the public comments.
Do not include any personally identifiable
information, such as name, address,
or other contact information, or
confidential business information that
you do not want publicly disclosed.
All comments are public records.
They are publicly displayed exactly
as received, and will not be
deleted, modified, or redacted.
Comments may be submitted anonymously.
If you are unable to access public
comments on the internet, you may
contact the N C U A for alternative
access by calling 703-518-6360 or
emailing CallReportMod at ncua dot gov.
For further information contact.
Clayton Curry, Office of Examination
and Insurance, at 703-518-6360.
Supplementary Information.
In accordance with the Federal
Credit Union Act and N C U A's
regulations, N C U A uses the Call
Report, Corporate Call Report, and
Profile to collect financial and
non-financial information from F I C U s.
The reported data enables the agency
to assess risk and monitor regulatory
compliance at the institution and
industry levels, which is central to
achieving the N C U A's mission and
safeguarding the National Credit Union
Share Insurance Fund, also referred
to as the Share Insurance Fund.
The N C U A regularly evolves
data-collection reports to reflect current
industry practices, align with statutory
and regulatory changes, and support
examination and supervision procedures.
This regular review is intended to ensure
the agency captures material F I C U risk
exposures, removes data for obsolete areas
or areas of low information value, and
tailors the reporting burden on supervised
institutions to size and complexity.
The N C U A and credit unions
are best served by a good balance
between the collection of data to
support the effective regulation and
supervision of F I C U s with the
associated burden on credit unions.
This balance is best achieved through
open dialogue and direct feedback from
credit unions and other stakeholders.
The N C U A is seeking to hear from
interested parties, including, but not
limited to, credit unions, leagues,
trades, other regulators, industry-related
professionals, and academics.
The N C U A will use the information
furnished by individuals and organizations
to enhance the data collection process
and reduce burden where possible
without compromising the agency's
ability to achieve its mission.
Request for Comment.
The N C U A is providing questions
about major aspects of the
subject data collections to target
issues that have the most impact.
These questions are not intended to
limit discussion, and respondents
may explore any issue relevant
to the subject data collections.
Information received will not be
used for statistical purposes.
Responses containing references to
studies, research, or data not widely
available to the public should include
copies of the referenced materials.
A description of the commenter's
organization and its interest in N C U A's
data collection will help the agency use
the input provided, but it is optional.
Question one.
What specific areas of the Call Report,
Corporate Call Report, and Profile forms
do you find challenging to complete?
Please describe the nature
of those challenges.
Question two.
For credit unions that use manual
processes to gather and input into
the N C U A's electronic Call Report,
Corporate Call Report, and Profile
systems, is there software available,
from core system vendors or elsewhere,
to increase automation and efficiency?
If so, what are the hurdles, if
any, to utilizing such software?
Question three.
What additional sections, schedules, or
items on the Call Report, Corporate Call
Report, and Profile could be made optional
for small or non-complex credit unions?
Question four.
What specific items would you like to see
added to the Call Report, Corporate Call
Report, and Profile to enhance analysis of
local, regional, and national performance
trends, improve comparisons of individual
credit unions with peer institutions,
or increase transparency for members
and the public about credit unions?
Question five.
Are there items or data that could
be collected through the Call Report,
Corporate Call Report, and Profile
that would enhance N C U A's offsite
analysis to identify risk and monitor
regulatory compliance that may
reduce burden during examinations?
Question six.
Are there any items on the Call Report,
Corporate Call Report, and Profile
that could be removed from collection?
Question seven.
Can the Call Report, Corporate
Call Report, and Profile
instructions be improved?
If so, what improvements, overall
and specific to individual items
or schedules, would improve clarity
and reduce the reporting burden?
Question eight.
Are the burden estimates for
the Call Report, Corporate Call
Report, and Profile accurate?
If not, what changes would you
suggest to the burden estimate?
Question nine.
Do you have any concerns or suggestions
about the Call Report, Corporate
Call Report, and Profile systems or
forms for collecting financial and
non-financial information that are
not addressed in the questions above?
Question ten.
What specific information collected
on the Call Report, Corporate
Call Report, and Profile could
be collected more efficiently?
For example, by obtaining reports
or data directly from other sources.
This concludes the document.
If your credit union could use assistance
with your exam, reach out to Mark Treichel
on LinkedIn or at Mark Treichel dot com.
This is Samantha Shares, and
we thank you for listening.