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.