The National Credit Union Administration (NCUA) has proposed extending the NCUA Call Report (Form 5300) for three more years. This proposal includes revised instructions aimed at improving clarity and accuracy in reporting. The changes are not expected to increase the burden on respondents and are intended to ensure the NCUA continues to monitor and support federally insured credit unions effectively. The public can provide comments on this proposal by June 23, 2025.
Simple Explanation
The National Credit Union Administration wants to keep using a form called the NCUA Call Report for three more years and has made some changes to make it easier to understand and fill out. People can say what they think about these changes until June 23, 2025.