NCUA Recommended Chart of Accounts
Operating Income Accounts (100 series)
110 Income from Loans
111 Interest on Loans
111.1 Interest on Business Loans
111.2 Interest on Agriculture Loans
111.3 Interest on Consumer Loans
111.4 Interest on Mobile Home Loans
111.5 Interest on Share Secured/Insured Loans
111.6 Interest on Other Member Loans
111.7 Interest on Home Equity Loans
112 Interest on Lines of Credit
112.1 Interest on Other Lines of Credit
112.2 Interest on Credit Cards
113 Income from Loans of Liquidating Credit Unions
114 Interest on Real Estate Loans
114.1 Interest on Real Estate Loans Over 12 Years
114.2 Interest on Real Estate Loans 12 Years and Under
115 Interest on Loans and Other Obligations Purchased (100%)
116 Interest on Loan Participations Purchased
117 Service Income on Loans Sold and Participations
118 Interest on Other Miscellaneous Nonmember Loans
119 Interest Refunds
120 Investment Income
121 Income from U.S. Government Obligations
122 Income from Federal Agency Securities
123 Income from Investment in NCUSIF
124 Interest on Trading Securities
125 Income from Common Trust Investments
126 Income from Shares/Deposits/Certificates of Corporate Credit Unions
127 Income from Shares/Deposits/Certificates of Other Credit Unions
128 Income from Other Shares/Deposits/Certificates
128.1 Income from Investments in Credit Union Service Corporations (CUSO)
129 Income from Other Investments
130 Fees and Charges
131 Other Fees and Charges
132 Loan Origination Fees
140 Gain (Loss) on Sale of Loans and Other Eligible Obligations
141 Gain (Loss) on Sale of Eligible Obligations
150 Miscellaneous Operating Income
151 Other Miscellaneous Operating Income
152 Credit Card Interchange Income
160 Service Income on Loans and Other Obligations
161 Service Income on Loans and Other Obligations
162 Service Income on Credit Card Loans
163 Service Income—Net Commitment Fees
170 Trading Profits and Losses
Operating Expense Accounts (200 – 300 Series)
200 Operating Expenses (Control)
210 Compensation
211 Salaries
212 Reimbursement to Sponsor for Services
219 Other Compensation
220 Employee Benefits
221 Pension Plan Costs
222 Social Security Taxes (Employer's Share)
223 Unemployment Compensation Taxes
224 Other Employee Benefits
230 Travel and Conference Expenses
231 Employees' Travel and Conference Expenses
232 Officers' and Directors' Travel and Conference Expenses
239 Other Travel Expenses
240 Association Dues
250 Office Occupancy Expenses
251 Rent
252 Maintenance of Buildings
253 Utilities
254 Depreciation of Buildings
255 Amortization of Leasehold Improvements
256 Real Estate Taxes
257 Depreciation Expense—Leased Assets
259 Other Office Occupancy Expenses
260 Office Operations Expenses
261 Communications
262 Rental of Furniture and Equipment
263 Maintenance of Furniture and Equipment
264 Stationery and Supplies
265 Insurance
266 Depreciation of Furniture and Equipment
268 Bank Service Charges
269 Other Office Operations Expenses
270 Educational and Promotional Expenses
271 Advertising
272 Publicity and Promotions
279 Other Educational and Promotional Expenses
280 Loan Servicing Expenses
282 Collection Expenses
283 Recording Fees—Chattel Lien Insurance
284 Credit Reports
285 Refunds—Real Estate Service Charges
286 Credit Card Program Expenses
287 Service Fees on Loans Purchased
289 Other Loan Servicing Expenses
290 Professional and Outside Services
291 Legal Fees
292 Audit Fees
293 Accounting Services
294 Management Consulting Fees
299 Other Professional and Outside Services
300 Provision for Loan Losses
301 Provision for Loan Losses—Consumer Loans
302 Provision for Loan Losses—Lines of Credit
303 Provision for Loan Losses—Real Estate Loans
304 Provision for Loan Losses—Mobile Home Loans
305 Provision for Loan Losses—Other Loans
306 Provision for Unrealized Mutual Fund Losses
309 Other Provision for Losses
310 Members' Insurance
311 Share Insurance
312 Life Savings Insurance
313 Borrowers' Insurance
319 Other Members' Insurance
320 Federal Operating Fee
330 Cash Over and Short
340 Interest on Borrowed Money
341 Imputed Interest Costs
342 Other Interest on Borrowed Money
350 Annual Meeting Expenses
360 Truth in Lending Expense (TIL)
361 TIL Reimbursement of Interest Overcharges
362 TIL Restitution
370 Miscellaneous Operating Expenses
371 Unexercised Commitment Fees
372 Commitment Fees on Borrowed Money
380 Dividend Expenses
380.2 Share Draft Dividend Expense
380.3 Club Account Dividend Expense
380.4 IRA/Keogh Dividend Expense
380.5 Share Certificate Dividend Expense
380.6 Money Market Dividend Expense\
380.7 Other Dividend Expense
381.1 Regular Share Dividend Expense
385 Interest on Deposits
Non-Operating Income and Expense Accounts (400 Series)
400 Non-Operating Income (Expense)
420 Gain (Loss) on Investments
430 Gain (Loss) on Disposition of Assets
440 Other Non-Operating Income (Expense)
446 Extraordinary Gains and Losses
Asset Accounts (700 Series)
700 Loans to Members
701 Loans
701.1 Commercial Loans
701.2 Agriculture Loans
701.3 Consumer Loans
701.4 Other Member Loans
701.5 Home Equity Loans
701.8 Net Commitment Fees—Loans to Members
701.9 Net Origination Fees(Costs)—Loans to Members
702 Lines of Credit to Members
702.1 Lines of Credit to Members—Credit Cards
702.2 Lines of Credit—Cash Advances in Process
702.3 Net Origination Fees (Costs)—Lines of Credit
702.4 Net Commitment Fees (Costs)—Lines of Credit
703 Real Estate Loans—Over 12 Years
703.1 Net Origination Fees (Costs)—Real Estate Loans Over 12 Years
704 Real Estate Loans 12 Years or Less
704.1 Net Origination Fees (Costs)—Real Estate Loans 12 Years or Less
705 Mobile Home Loans
705.1 Net Origination Fees (Costs)—Mobile Home Loans
706 Share Secured/Insured Loans
707 Loans—Collateral in Process of Liquidation
710 Other Loans
711 Notes and Contracts Receivable
712 Loans Purchased from Liquidating Credit Union
712.1 Discounts on Loans Purchased from Liquidating Credit Union
713 Loans Purchased from Liquidating Credit Union—Collateral in Process of Liquidation
714 Loans or Other Obligations Purchased
714.1 Premium on Loans Purchased
714.2 Discount on Loans Purchased
715 Loan Participations Purchased
715.1 Premium on Loan Participations Purchased
715.2 Discount on Loan Participations Purchased
716 Loan Participations Sold
716.1 Loan Participations Sold (Contra Asset Account)
717 Other Miscellaneous Nonmember Loans
718 Loans Subject to Repurchase Agreements
719 Allowance for Loan Losses
720 Other Receivables
721 Payroll Deductions Receivable
722 Receivables from Officials and Employees
723 Lease Payments Receivable
724 Insurance Premiums Receivable
725 Advance for Taxes, Insurance, and Other Charges
727 U.S. Savings Bonds Redeemed Receivable
728 Real Estate Loans Receivable
729 Other Accounts Receivable
729.1 TIL Bond Claims Receivable
730 Cash
731 Cash—Checking Account
732-736 Reserved for additional accounts for cash deposits
737 Cash—U.S. Bond Installment Payments
738 Petty Cash
739 Change Fund
740 Investments
741 U.S. Government Obligations
741.1 Discount on U.S. Government Obligations
741.2 Premium on U.S. Government Obligations
742 Federal Agency Securities
742.1 Discount on Federal Agency Securities
742.2 Premium on Federal Agency Securities
743 Common Trust Investments
743.1 Mutual Fund Investments
743.2 Allowance for Common Trust and Mutual Fund Investment
744 Shares, Deposits and Certificates of Corporate Central Credit Unions
745 Shares, Deposits and Certificates of Other Credit Unions
746 Other Shares, Deposits and Certificates
746.1 Commercial Bank Deposits
746.2 Savings and Loans and Mutual Savings Bank Deposits
747 Loans to Other Credit Unions
748 Investments in Credit Union Service Corporations
748.1 Investments in Credit Union Service Corporations
748.2 Loans to Credit Union Service Corporations
750 Investments—Investment Allowance
751 Investment in the Central Liquidity Facility
751.1 Investment in CLF Membership Stock
751.2 Investment in CLF Liquidity Clearing
752 Investment in NCUA Share Insurance Capitalization Fund
753 Investment in Branch
755 Purchased Accrued Interest Receivable
758 Allowances for Losses on Investment
759 Trading Securities
760 Prepaid Expenses and Deferred Charges
762 Deferred Charges—Commitment Fees Paid in Connection With the Acquisition of Borrowed Funds
763 Deferred Charges—Commitment Fees on Loans to Be Purchased
764 Prepaid Rent
765 Prepaid Share Insurance
766 Other Prepaid Insurance
767 Deferred Pension Cost
768 Unamortized Organization Costs
769 Other Prepaid Expenses and Deferred Charges
770 Fixed Assets
771 Land
772 Building
773 Allowance for Depreciation of Building
774 Furniture and Equipment
775 Allowance for Depreciation of Furniture and Equipment
776 Leasehold Improvements
777 Allowance for Amortization of Leasehold Improvement
778 Leased Assets under Capital Lease
779 Allowance for Depreciation of Leased Assets
780 Accrued Income
781 Accrued Interest on Loans
782 Accrued Income on Investments
783 Accrued Credit Card Income
784 Accrued Interest on Real Estate Loans
785 Purchased Accrued Interest Receivable on Loans (100%)
786 Accrued Interest on Loan Participations Purchased
787 Accrued Interest—Other Lines of Credit to Members
788 Accrued Income on NCUSIF Investment
789 Other Accrued Income
790 Other Assets
792 Insurance Premium Stabilization
793 Monetary Control Reserve Deposits
797 Advance Payments by Borrowers for Taxes and Insurance on Serviced Loans
798 Assets Acquired in Liquidation on Loans
799 Other Assets
Liability Accounts (800 Series)
800 Accounts Payable
801 Accounts Payable
801.1 Accounts Payable—Travelers’ Checks and Money Orders
802 Accounts Payable—Undistributed Payments
802.1 Accounts Payable—Credit Card Payments in Process
802.2 Accounts Payable—Credit Card Adjustments in Process
802.3 Accounts Payable—Credit Card Chargebacks in Process
803 Accounts Payable—Undistributed Payroll Deductions or Allotments
804 Accounts Payable—Check Transmittal Service
805 Accounts Payable—Drafts Authorized
806 Accounts Payable—Installment Payments on U.S. Bonds
807 Accounts Payable—U.S. Savings Bond Remittances
808 Real Estate Loans Payable
809 Escrow Accounts
810 Notes and Interest Payable
811 Mortgage Notes Payable
812 Notes Payable—Other
812.1 Notes Payable—Commitment Fees
813 Federal Funds Payable
818 Accrued Interest Payable
820 Dividends Payable
820.1 Dividends Payable on Regular Shares
820.2 Dividends Payable on Share Drafts
820.3 Dividends Payable on Club Accounts
820.4 Dividends Payable on IRA/Keogh Accounts
820.5 Dividends Payable on Share Certificates
820.6 Dividends Payable on Money Market Accounts
820.7 Dividends Payable on Other Accounts
830 Interest Refunds Payable
840 Taxes Payable
841 Federal Withholding Taxes Payable
842 State Withholding Taxes Payable
845 City Withholding Taxes Payable
846 Social Security Taxes Payable
847 Federal Unemployment Compensation Tax Payable
848 State Unemployment Compensation Tax Payable
849 Other Taxes Payable
850 Accrued Expenses
851 Accrued Salaries
852 Accrued Employee Benefits
853 Accrued Cost of Space Occupied
854 Accrued Dividends Payable
855 Accrued Accounting Service Cash
856 Accrued Loss Contingencies
859 Other Accrued Expenses
860 Other Liabilities
861 Liability Under Pension Plan
862 Collections on Loans and Other Obligations Serviced
863 Obligation Under Capital Lease
864 Monetary Control Pass Through Deposits
865 Main Office
866 Undisbursed Loan Proceeds
869 Other Liabilities
870 Unapplied Data Processing Exceptions
871 Unapplied Data Processing Exceptions (Receipts)
872 Unapplied Data Processing Exceptions (Disbursements)
880 Deferred Credits
881 Unearned Interest on Loans
882 Deferred Credits—Insurance Premium Rebates
883 Deferred Gain on Liquidation of Loans
883.1 Deferred Gain on Transfer of Securities
884 Deferred Credits—Credit Card Commitments
885 Deferred Credits—Prepaid Interest—Real Estate Loans
886 Unamortized Discount on Sale of Assets
887 Deferred Credits—Fees Received on Loans to be Purchased
888 Deferred Credits—Insurance Premium Stabilization Reserve
889 Other Deferred Credits
890 Deferred Credits—Net Origination Fees (Costs)—Lines of Credit to Members
891 Deferred Credits—Net Origination Fees (Costs)—Lines of Credit to Members—Credit Cards
892 Deferred Credits—Net Origination Fees (Costs)—Home Equity Lines of Credit
893 Deferred Credits—Net Commitment Fees (Costs)—Home Equity Lines of Credit
894 Deferred Credits—Net Commitment Fees (Costs)—Loans to Members
Savings/Equity Accounts (900 Series)
900 Shares of Members
901 Regular Shares
902 Share Drafts
903 Club Accounts
904 Other Shares
905 Escrow Accounts
906 IRA/Keogh Retirement Services
908 Share Certificates
909 Shares—Unposted Payroll Deductions
910 Public Unit Shares
911 Money Market Shares
921 Shares of Nonmembers
925 Deposits
930 Reserves
931 Regular Reserves
932 Special Reserve for Losses
933 Other Revocable Reserves
934 Reserve for Loss Contingencies
935 Corporate Central Reserve
940 Undivided Earnings
942 Appropriated Undivided Earnings
945 Unrealized Loss in Value of Long-term Investment in Equity Securities
950 Donated Equity
960 Net Income (Loss)
According to the NCUA, “Federal credit unions must design their own chart of accounts. Management is responsible for reporting financial information to the NCUA on the periodic Call Report. Therefore, the NCUA recommends that your credit union’s chart of accounts closely mirror the Call Report for ease of reporting. Use the prescribed financial report forms in Section 900 as a guide for financial reports intended for posting to members. Whatever chart of accounts numbering system management adopts for its general ledger accounts, it should permit the classification of transactions in at least the detail required to properly complete the NCUA call report forms.”