Number of Payday Alternative Loans  Granted YTD

Acct Code

Description

Tip for pulling data stored in CU*BASE

031C

Federal Credit Unions will report the number of Payday Alternative Loans granted year-to-date.

 

If these loans are grouped by loan category code, one method is to use Tool #552 New/Closed/All Accounts  Dashboard. Select 1/1/YYYY to quarter end date and the appropriate loan categories. Click the Disbursement Limit option and view the Records analyzed.

Another method is to run Tool #788 Selective Loan Information Report (Trial balance output) by quarter end date. On the Date Information tab, for ‘Opened’ enter 1/1/XX to quarter end date. From the ‘Selected Loans and Open Credit’ column, use the ‘Total Number of Loans’ and ‘Total Loans Disbursed’.

If tracked manually, refer to your internal records.

 

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.