Significant Call Report Changes Coming Soon

For those of you who work on your credit union’s 5300 Call Report, we want to be sure you are aware of the changes that the NCUA is proposing for the March 2022 cycle.  The NCUA first hinted of significant Call Report changes back in late 2018 as part of their modernization efforts, but had been silent until the end of December 2021 when proposed March 2022 changes were posted on their Call Report Modernization page.  The proposed changes are major and include many new/deleted/replaced Account Codes, Schedule changes and regulatory changes for RBC (risk based capital) and CCULR (Complex Credit Union Leverage Ratio) reporting.

Although we (and many others) have reached out to the NCUA to ask that the changes be delayed, it is important to start reviewing and preparing for these changes now.  The way you are gathering information for the Call Report may need to change and any internal processes updated.

Our internal teams are actively reviewing and preparing for these changes.  Once the NCUA confirms the proposed changes and Quarter 4 2021 Call Reports are complete, we will start updating the CU*BASE Tool with the NCUA’s changes so that we are ready for March 2022.  We do anticipate that credit unions will need to adjust automation routines within the tool since so many of the Account Codes have changed, and there may even be some that will require manual calculations for a time, depending on what data is required for the calculation.  For more information on what we are doing to prepare, as well as a highlight of the changes, refer to the Kitchen page.

The Next HA Rollover is Coming February 6th – We Need You to Perform a Connectivity Test!

The Next HA Rollover is Coming February 6th – We Need You to Perform a Connectivity Test!

Twice each year, CU*Answers tests our ability to redirect CU*BASE core-processing from our production data center to our high-availability (HA) data center.  The next HA rollover is scheduled for Sunday, February 6th. This rollover will enable support teams to perform planned network maintenance at the primary production data center without disrupting core processing.  The rollover… Read more »

Jan 14, 2022

Did You Update Your Automated Queries After the Release?

Did You Update Your Automated Queries After the Release?

Don’t forget: the 21.12 Release of CU*BASE was implemented on December 5th.  Be sure to review database changes before running queries for this month.  Click here to view documents including the latest Release Summary and Tool Changes. Visit Show Me the Steps for step-by-step instructions on how to use the Automated Reports and Queries feature:… Read more »

Dec 31, 2021

December Owner’s View Monthly Recap

December Owner’s View Monthly Recap

ATTENTION ONLINE AND SELF-PROCESSING CREDIT UNIONS: Our projects hatch from your input! Check out recent programming changes in the December 2021 edition of the Owner’s View Monthly Recap! December 2021 Owner’s View Monthly Recap The Owner’s View Monthly Recap is designed to keep you informed of feature improvements, vendor enhancements, and other changes to CU*BASE… Read more »

Jan 3, 2022

November Owner’s View Monthly Recap

November Owner’s View Monthly Recap

ATTENTION ONLINE AND SELF-PROCESSING CREDIT UNIONS: Our projects hatch from your input! Check out recent programming changes in the November 2021 edition of the Owner’s View Monthly Recap! November 2021 Owner’s View Monthly Recap The Owner’s View Monthly Recap is designed to keep you informed of feature improvements, vendor enhancements, and other changes to CU*BASE… Read more »

Dec 2, 2021

CU*BASE Release 21.12 is Arriving Soon!

CU*BASE Release 21.12 is Arriving Soon!

CU*BASE Release 21.12 Online and Site Four Release Date is December 5 Self-Processor Release Date is December 12 Documents 21.12 Release Summary 21.12 New and Updated Tool Summary 21.12 Database Changes Summary  Reminders GOLD Version Check Following the release, if someone logs into a workstation that is not at the proper version of GOLD or… Read more »

Nov 29, 2021

Did You Update Your Automated Queries After the Release?

Did You Update Your Automated Queries After the Release?

Don’t forget: the 21.10 Release of CU*BASE was implemented on October 3rd.  Be sure to review database changes before running queries for this month.  Click here to view documents including the latest Release Summary and Tool Changes. Visit Show Me the Steps for step-by-step instructions on how to use the Automated Reports and Queries feature:… Read more »

Nov 8, 2021