Back to News
Federal RegisterFederal
Request for Information Regarding Enhancing and Streamlining Data Collection From Credit Unions
Plain English Summary
The National Credit Union Administration (NCUA) is asking for feedback from federally insured credit unions (FICUs) on how to improve their data collection processes. This includes information gathered from specific reports like the 5300 Call Report and the Corporate Call Report. The NCUA wants to know what challenges credit unions face with these reports and how they can be made better. Agents should encourage their credit union clients to participate in this feedback process to help improve data collection in the future.
+View original text
The National Credit Union Administration (NCUA) is issuing this request for information (RFI) on opportunities to enhance and streamline NCUA's data collections. Specifically, this RFI covers data collected through the 5300 Call Report (Call Report), 5310 Corporate Credit Union Call Report (Corporate Call Report), and Form 4501A Profile (Profile). Through this RFI, the NCUA is soliciting feedback on the key challenges faced by federally insured credit unions (FICUs) as they use these reports and related systems, and any suggestions for improvement. NCUA intends to issue additional RFIs in the future to solicit stakeholder input on other NCUA data collections and systems. ---------------------------------------------------------------------------