Uninsured Member 529 Plan Deposits >250K

Acct Code

Description

Tip for pulling data stored in CU*BASE

065C1

The amount of uninsured Member 529 Plan deposits over $250,000.

 

This account code was removed by the NCUA in March 2022.

If you have a separate Membership Designation code(s) for uninsured Member 529 Plan deposits, run Tool #545 NCUA Share Insurance Report. Select the appropriate  Membership Designation code(s) in the Excluded membership designations field. The Excluded Designations report LSHINS8 will give detail on these accounts. Compare the Total Savings for each account to the NCUSIF coverage amount to determine the uninsured amount of deposits.

You may also be able to use Tool #495 Member Aggregate Balance Analysis/File Build.

 

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.