Call Reports

What if COVID-19 disrupts a credit union’s ability to file its quarterly Call Report timely?

The NCUA and other federal banking agencies announced on March 25, 2020, that they will not take action against any institution for submitting its March 31, 2020 Call Reports after the respective filing deadline, as long as the report is submitted within 30 days of the official filing date. Credit unions are encouraged to contact the NCUA in advance of the official filing date if they anticipate a delayed submission. State-chartered credit unions should also contact their respective state regulator.

See: 1Q20 Call Report Deadline Extended (3/25/20)

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