NCUSIF Premium Expense

Acct Code

Description

Tip for pulling data stored in CU*BASE

311A

Report premium assessments associated with the National Credit Union Share Insurance Fund (NCUSIF).

NCUA Recommended Chart of Accounts series 300.

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

This is typically a General ledger balance from your credit union income statement. Obtain the balance of the G/L account as of quarter end.

One or more automation routines are available for this Account Code. Click $images\ebx_543273246.gif$ to select from the available routines and configure the data.

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.