5300 Call Report Basics

5300 Call Report Basics

March 2 - 3, 2017 | Orlando, FL

As reporting requirements continue to change, it’s the perfect time to ensure your credit union is not only familiar with new processes, but masters them as well. 5300 Call Report Basics is designed for both preparers and users of Form 5300 and will help you increase your understanding of the form, while also providing tips and insights to make certain you accurately and efficiently complete it.

Referred to as “the expert’s expert,” Kevin Durrance, CEO of Texans Credit Union, is one of the industry’s most sought-after credit union consultants. Throughout these two days, Kevin will provide a complete analysis of all required forms and optional schedules in detail, providing the perfect introductory learning experience to the 5300 filing process and an excellent refresher for experienced personnel. 

Participants Will Learn To:
• Accurately and efficiently prepare your credit union’s regulatory report
• Recognize and avoid common errors and reduce costly mistakes
• Distinguish the accounting, business, or regulatory rationale behind many of the specific filing dictates  
• Implement new requirements and monitor current trends and proposals 
• Take full advantage of reporting options that may be available to you


Day One

8:00 am
Registration and Continental Breakfast

8:30 am to 4:30 pm 

Overview of the National Credit Union Administration (NCUA) and the National Credit Union Share Insurance Fund (NCUSIF)

Overview of the NCUA 5300 Call Report
• Why is it important?
• What is it used for? (Importance of YTD figures)
• What is the NCUA looking for?
• Sections and schedules of the NCUA 5300 Call Report
• Using the instructions
• Errors and historical earnings

“Prepping” for the Call Report
• Collecting the information
• Segregation of duties
• Using the workbook and the working copy
• Building spreadsheets
• Keeping backup

Completing the Call Report
• Statement of financial condition as of quarter-end
• Income and expenses
• Miscellaneous information
• Delinquent loans
• Expanded delinquency
• Loan charge offs and recoveries
• Expanded Loan Loss Section
• Liquidity, commitments and sources

Day Two

8:00 am
Continental Breakfast

8:30 am to 3:00 pm 

Schedules A through E
• Schedule A, Specialized Lending (All six sections will be covered)
• Real Estate Expanded Section
• Risk Based Net Worth Box
• Member and Non-member Business Loans
• Troubled Debt Restructured Loans (TDRs)
• Schedule B (Expanded), Investments and Supplemental Information
• Schedule C, Credit Union Service Organizations (CUSO) Information
• Schedule D, Derivative Transactions
• Schedule E, BSA/Anti-Money Laundering Information

Prompt Corrective Action (PCA)

Risk-based Net Worth Calculation Worksheet
• What is PCA?
• What is Risk-based Net Worth (RBNW) and what is it used for?
• How is RBNW calculated?
• Planning for the future

Reading and Understanding the NCUA’s Financial Performance Report

Recent Changes


Kevin Durrance
Chief Executive Officer, Texans Credit Union

Kevin Durrance is currently the Chief Executive Officer for the $1.5 billion Texans Credit Union. Prior to that, he was the Executive Vice President and Chief Financial Officer for the $875 million Georgia Federal Credit Union in Atlanta, Georgia. Kevin joined the credit union movement in 1993 and has over 30 years of experience in all major areas of commercial banks, savings banks, and credit unions. 

Kevin holds an MBA in Finance, an LL.M, and several other degrees from the American Institute of Banking. Additionally, Kevin is a former instructor and executive committee member for the American Institute of Banking. He is experienced in teachingaccounting personnel, CFOs, Senior Management, CEOs, and Credit Union Boards.


Loews Sapphire Falls Resort
6601 Adventure Way
Orlando, FL 32819 United States

Special FMS Room Rate: $179 Single/Double
Deadline for Rate: February 10, 2017
For Reservations Call: 866-360-7395

Identify yourself as an attendee of the Financial Managers Society program to receive the preferred rate. If you are making reservations through a travel agent, be sure to request that your reservation be placed in the FMS room block to guarantee the best rate.

Credit Hours

Earn up to 14 hours of CPE credit.
  • Level: Basic to Intermediate
  • Prerequisites: None
  • Advance preparation: None
  • Field of Study: Accounting
  • Instructional Method: Live-Group

For more information regarding administrative policies such as concerns or refunds, call 800-ASK-4FMS (800-275-4367). FMS is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses. Complaints regarding sponsors may be addressed to: The National Registry of CPE Sponsors, 150 Fourth Avenue, North, Suite 700, Nashville, TN 37219-2417 Web: www.nasba.org.


Member: $1,150 
Non-member: $1,750 

Refunds and Cancellations

A refund minus a $250 processing fee will be provided for cancellations received by FMS in writing four weeks prior to the program start date. No refunds will be given for cancellations received after that date. A substitution from your institution is welcome at any time. FMS reserves the right to change instructors or reschedule/cancel sessions when necessary. FMS is not responsible for airfare penalties incurred due to the cancellation of the program. For more information regarding refunds, concerns and/or program cancellation policies, please contact our offices at (312) 578-1300.

3/2/2017 - 3/3/2017
Loews Sapphire Falls Resort
6601 Adventure Way
Orlando, FL 32819 United States

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