Book Value of Employee Benefit Plan Section 701.19 Investments

Acct Code

Description

Tip for pulling data stored in CU*BASE

789B

Report the book value of all investments impermissible under NCUA Rules and Regulations Part 703 but allowed under Section 701.19 for funding employee benefit plans.

Note: This Account Code was removed by the NCUA in March 2014.

One method is to run Tool #652 Print Investment Register by quarter end date. The report can sort by Maturity Date, FASB Code, or Investment Type.

Another method is to run Tool #408 Investment Trial Balance Report by quarter end date. You can run by Investment Type and a Maturity Date range can be selected.

This can be a General Ledger balance from your credit union balance sheet. Obtain the balance of the G/L account as of quarter end.

If these investments are tracked manually, refer to your internal report.

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.