Agricultural Related Business Loans - Amount Committed Directly by Credit Union

Acct Code

Description

Tip for pulling data stored in CU*BASE

814J1

This is the unfunded portions of any loan or participation interest to a member or nonmember for agricultural and farm purposes as denoted in Schedule A Specialized Lending. Report unfunded commitments directly committed by the credit union.

Note:  This Account Code was deleted by the NCUA in Sept. 2017.

For open-end loans, run Tool #280 Contingent Liability Analysis Report by quarter end date. Select ‘line of credit’ and ‘open-credit’ loans. Use the ‘Contingent Liability’ total for your loan category code(s) that identify these business loans.

For closed-end loans, run Tool #788 Selective Loan Information Report with Output format 1 (Trial Balance) and by quarter end date. Select by the CU*BASE code (G/L#, category, purpose code or security code) that correlates closest to commercial real estate loans. On the Summary page, ‘Selected Loans’ column, subtract the ‘Total Loan Balance’ from the ‘Total Loans Disbursed’ to obtain the unfunded portion of commitments.