Loans Held for Sale
Acct Code |
Description |
Tip for pulling data stored in CU*BASE |
003 |
The amount of outstanding loans either identified for sale at origination or subsequently for which there has been a decision to sell. |
Typically this is the General Ledger balance from your credit union balance sheet. Obtain the balance of the G/L account as of quarter end. |
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One or more automation routines are available for this Account Code. Click to select from the available routines and configure the data. |
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The NCUA provides detailed descriptions on the Call Report Account Codes in their comprehensive Call Report Instructions available with the current Call Report on the http://www.ncua.gov website.
For more information about the 5300 Call Report Software, open the book.