National Credit Union Administration
SUPPORTING STATEMENT
NCUA Call Report (NCUA Form 5300)
OMB No. 3133-0004
SUMMARY OF PROPOSED CHANGES TO NCUA CALL REPORT
DATA COLLECTION
PROPOSED CYCLE DATE: September 30, 2025
REPORT(S) IMPACTED: NCUA Call Report Form 5300
OMB FORM #: 3133-0004 (Expires August 31, 2025)
SUPPORTING ATTACHMENTS: Draft September 2025 Call Report Form. Draft September 2025 Call Report Instructions.
Call Report Changes
The NCUA is proposing revisions to the Call Report Instructions to improve clarity and accurate reporting. No changes are proposed for the Call Report Form. The proposed revisions are captured on page two of the draft 5300 Call Report Instructions.
National Credit Union Administration
SUPPORTING STATEMENT
NCUA Call Report (NCUA Form 5300)
OMB No. 3133-0004
Sections 106 and 202 of the Federal Credit Union Act require federally insured credit unions (FICUs) to make financial reports to the NCUA. Section 741.6 describes the method for FICUs to submit this information to NCUA.
NCUA Form 5300, Call Report, is used to file quarterly financial and statistical data through NCUA's online portal, CUOnline. The data credit unions report on the Call Report is essential to the NCUA’s supervision and regulation of federal credit unions. This information also facilitates the NCUA’s monitoring of other credit unions with National Credit Union Share Insurance Fund (Share Insurance Fund) coverage for share accounts.
The NCUA uses the information collected through the Call Report to supervise and regulate FICUs and safeguard the Share Insurance Fund. The Federal Reserve also uses the information to conduct monetary policy, protect the payments system, and preserve competition among depository institutions. Congress and state legislatures use the information to formulate policy on credit unions, other depository institutions, and the financial system. Finally, the U.S. Department of Commerce uses the information to produce national income accounting data and statistics.
The NCUA also uses Call Report data to create a Financial Performance Report (FPR) for each reporting credit union, the industry, and various industry cohorts. These reports are available to the public and distributed to all federal credit unions, federally insured state-chartered credit unions, and those non-FICUs required to submit Call Report data by their State Supervisory Authority (SSA). NCUA examiners and SSAs also receive FPRs to assist in examination/supervision.
On April 1, 2023, the NCUA web-based data collection system (CUOnline) transitioned to NCUA Connect for user authentication and management, in compliance with Federal mandates. NCUA Connect is NCUA’s secure authentication portal used to manage user accounts, assign application roles to users, perform other user administration functions, and provide multi-factor authentication. All FICUs submit their Call Reports and update their Profiles by accessing CUOnline through NCUA Connect.
Individual credit unions are the sole source of information about their financial condition and operations.
This collection of information is unique to each FICU and is not duplicated.
This collection does not have a significant impact on a substantial number of small credit unions. Updates to the Call Report can be performed electronically via CUOnline.
Collection items from the Call Report provide critical, timely information for the supervision of safety and soundness and monitoring of regulatory compliance. This data enables the NCUA to conduct off-site monitoring, which greatly reduces the burden of on-site examinations and allows the NCUA to react to emerging risks quickly. These functions protect the share accounts of the nation’s credit union members and the integrity of the Share Insurance Fund.
The consequences of non-collection are severe. Absent quarterly Call Report submissions, SSAs and the NCUA would need to conduct more frequent on-site visits to supervise credit union risks and monitor regulatory compliance. The NCUA's examination tool relies on data collected in the Call Report to facilitate the examination process. Moreover, there would be no FPR—a report used by federal and state authorities as well as the credit union industry to inform policymaking and financial management.
There are no special circumstances. This collection is consistent with the guidelines in 5 CFR 1320.5(d)(2).
A 60-day notice was published in the Federal Register on April 23, 2025, at 90 FR 17084, soliciting comments from the public. The NCUA received three comments: two from the public and one from the Bureau of Economic Analysis (BEA).
One commenter suggested that the NCUA expand the information collected related to reciprocal deposits. The NCUA will consider expanding reciprocal deposit data the next time changes are made to the Call Report form.
One commenter suggested we improve the disclosure of changes by reducing the technical instructions to plain language or flowcharts. The NCUA will consider providing additional information on final changes when the instructions are released in early September.
The BEA requested to be notified if changes are made during the approval process and provided important insight into how the Call Report data is used. They did not have any objections to the proposed changes.
After considering the comments received the NCUA will proceed with the proposed changes to the Call Report Instructions.
The NCUA has an ongoing relationship with SSAs, the National Association of State Credit Union Supervisors, and other credit union trade associations. Typically, the NCUA receives comments and suggestions from SSAs and trade associations throughout the year. The NCUA considers these comments when revising the Call Report form and instructions.
No payment or gifts are provided to respondents.
Most Call Report data are public information subject to release under the Freedom of Information Act. NCUA provides this information to the public on the agency website (www.ncua.gov). Some Call Report information is confidential, as is some information obtained through the supervisory process. Confidential information is exempt from release under the Freedom of Information Act.
Data collection fields are critical for adequate off-site monitoring and on-site examination of federally insured credit unions. A System of Records Notice (SORN) is not required because the data does not include personally identifiable information.
As of March 31, 2025, there were 4,411 federally insured credit unions. NCUA estimates credit unions will, on average, need four hours to complete the form in CUOnline. To obtain industrywide costs, this average is applied to all federally insured credit unions, thereby yielding:
Credit Union Staff Time—Four hours per reporting institution per reporting cycle (four cycles per year):
Respondents |
Responses Per Respondent |
Total Annual Responses |
Hours Per Response |
Total Annual Burden Hours |
4,411 |
4 |
17,644 |
4 |
70,576 |
Based on the labor rate of $50 per hour, the total cost to respondents is $3,528,800.
The dollar-cost estimate uses an average hourly wage for credit union staff. This wage rate of $50 is based on Call Report data. The NCUA provides advance notification of all changes in reporting, thereby allowing credit unions to modify automated and manual record-keeping systems before data collection begins.
There are no capital start-up, operation, or maintenance costs associated with this information collection.
Central Office:
Systems staff—1 full-time person $189,946
Technical data processing support staff $330,823
Regional Offices:
Regional office staff—715 hours @ $82/hr. $58,630
Examiner field staff—5,668 hours @ $55/hr. $311,740
TOTAL ANNUAL FEDERAL GOVERNMENT COST: $891,139
The estimate of annual costs to the Federal Government includes all costs associated with the collection, processing, and distribution of information. Please note that these costs are offset through the NCUA Risk-Focused Examination program.
Call Report changes made since March 2022 have not increased Call Report accounts. The information needed to provide a response is readily available and NCUA feels that the four hours currently allotted to complete the Form 5300 is sufficient.
Number of respondents decreased to 4,411 which resulted in a decrease of 10,976 total annual burden hours from 81,552 to 70,576.
The projected Call Report collection schedule for 2025-26 is provided below.
October 30, 2025 Forms Due
October 31—November 7, 2025 Forms Processed
November 8—December 5, 2025 Data Finalized and Distributed
January 30, 2026 Forms Due
January 31—February 7, 2026 Forms Processed
February 8—March 6, 2026 Data Finalized and Distributed
April 30, 2026 Forms Due
May 1—May 7, 2026 Forms Processed
May 8—June 5, 2026 Data Finalized and Distributed
July 30, 2026 Forms Due
July 31—August 7, 2026 Forms Processed
August 8—September 8, 2026 Data Finalized and Distributed
October 30, 2026 Forms Due
October 31—November 7, 2026 Forms Processed
November 8—December 4, 2026 Data Finalized and Distributed
January 30, 2027 Forms Due
January 31—February 7, 2027 Forms Processed
February 8—March 5, 2027 Data Finalized and Distributed
The display of an expiration date may confuse respondents when providing information by a prescribed date because minor technical changes to an electronic system would impose additional time and resources if no other information were to change.
Non-display of the expiration date of the OMB approval is requested.
There are no exceptions to the certification statement.
This collection does not involve statistical methods.
| File Type | application/vnd.openxmlformats-officedocument.wordprocessingml.document |
| File Title | JUSTIFICATION |
| Author | NCUA |
| File Modified | 0000-00-00 |
| File Created | 2025-07-24 |