Regular Reserves

Acct Code

Description

Tip for pulling data stored in CU*BASE

931

Regular Reserves are statutory reserves as required by  NCUA.

NCUA Recommended Chart of Accounts series 900.

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

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

Default automation routine is G/L quarterly account balances. The default G/L numbers are listed. If you do not want these G/L balances to auto-populate for this Account Code, click then enter to access the configuration screen where you can change or delete the default G/L configuration.

Default G/L no. 931.00