5300 Call Report Basics for Credit Unions

5300 Call Report Basics for Credit Unions

March 22 - 24, 2022 | 1 - 4 PM ET

5300 Call Report Basics for Credit Unions
A 3-Day Virtual Program

Program Description

With changes implemented that will have an impact on your credit union’s 5300 Call Report filing, maintaining a high standard of efficiency when filing your next quarterly report is essential. Having a firm and knowledgeable grasp of the form is one thing, but keeping up with the latest changes and insights to ensure you’re meeting regulatory expectations is another matter.

Join FMS for 5300 Call Report for Credit Unions and take full advantage of all the reporting options available to you. This three-day virtual program is a must for credit union accounting professionals or anyone aiding in the completion of the report. The agenda will cover:
  • An overview of new regulatory reporting requirements
  • Detailed discussion on all relevant schedules
  • Insights into how you can distinguish the accounting, business, or regulatory rationale behind many of the specific filing orders
  • Tips and techniques to accurately and efficiently prepare your credit union’s regulatory report
  • How to recognize and avoid common errors and reduce costly mistakes
Ensure you’re armed with the tools to prepare for your next filing and register to attend 5300 Call Report for Credit Unions today!

Tentative Agenda*

Tuesday, March 22, 2022  |  1 - 4 PM ET
Wednesday, March 23, 2022  |  1 - 4 PM ET
Thursday, March 24, 2022  |  1 - 4 PM ET

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 Warnings

“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

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 Commercial/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

*Schedule is subject to change


Tracy Montez
Senior Vice President - Controller, Texans Credit Union
Tracy Montez is the Senior Vice President – Controller for Texans Credit Union. In her 20 + years with the credit union, Tracy has served in various roles in the Audit, Records, and Accounting departments. She provides an extensive knowledge of finance and financial institutions, and has been an essential component of safeguarding the institution’s assets. Tracy received her Bachelors of Business Administration in Accounting from Texas State University and is a Certified Public Accountant.

Registration to the live session includes:

  • One online connection
  • CPE credit for registrant
  • Permission to reproduce the handouts and other written material for additional attendees at your location

Only registered attendees of the live session can obtain CPE credit

Credit Hours

Earn up to 9 hours of CPE credit.
  • Level: Basic to Intermediate
  • Prerequisites: None
  • Advance preparation: None
  • Field of Study: Accounting
  • Instructional Method: Group-Internet Based

For more information regarding administrative policies such as concerns or refunds, call 312-578-1300. 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

Refunds and Cancellations

Cancellations will be issued after completed request form is returned to FMS via [email protected] Refunds minus a $250 processing fee will be issued and may take 30 days to process. Should you be unable to attend and want to transfer registration to a co-worker, additional costs could apply. FMS reserves the right to change instructors or reschedule/cancel session when necessary.

Click Here for a a complete list of FMS payment and registration policies.

Registration Fee

Members and Non-members sign in or create an account below to register

FMS Members:                              $425
Staff/Co-Worker of Member:      $625
Non-members:                              $625

Download a Registration Form

3/22/2022 1:00 PM - 3/24/2022 4:00 PM
United States

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