NCUA 5300 Call Report: Schedules, CUOnline and the 30th-Day Deadline

Every federally insured natural person credit union in the United States files the NCUA 5300 Call Report each quarter, and 12 CFR 741.6 is the rule that puts it on that cycle. The National Credit Union Administration (NCUA) fixes the report dates at March 31, June 30, September 30 and December 31 and expects each report in CUOnline by 11:59:59 p.m. Eastern on the 30th day of the following month, with late-filer penalties counted in calendar days.

The figures do work beyond the examination file. Under 12 CFR 741.4, the one percent deposit each insured credit union keeps with the National Credit Union Share Insurance Fund (NCUSIF) is resized from the insured shares in its 5300: once a year from the December 31 report for credit unions under $50 million in total assets, twice a year from the December 31 and June 30 reports for larger ones. On 9 October 2026, NCUA also proposed adding a Schedule J on payment stablecoin activities to the form.

The operative texts are the Form 5300 effective March 31, 2025 (Version 2025.1) and the Call Report instructions effective September 30, 2025. Both state that they apply until superseded, and NCUA posts a fresh XML schema and edits file for every cycle.

Related reading: FFIEC Call Report: Who Files 031, 041 or 051 for 30 September 2026

Legal basis for the NCUA 5300 Call Report: section 202 and 12 CFR 741.6

The duty starts in the Federal Credit Union Act. Section 202(a)(1), codified at 12 U.S.C. 1782(a)(1), requires each insured credit union to make reports of condition to the NCUA Board on dates the Board selects, each carrying an officer’s declaration that the report is true and correct. Section 202(a)(2) lets the Board call for any other reports it requires. NCUA’s paperwork notice of 9 October 2026 describes the 5300 as mandatory under 12 U.S.C. 1756, 1766 and 1782, points to sections 106 and 202 of the Act, and runs the collection under OMB control number 3133-0004.

The regulation that turns those powers into a quarterly return is 12 CFR 741.6. It sits in subpart A of Part 741 (Requirements for Insurance), the subpart that applies to federal credit unions and federally insured state-chartered credit unions alike. Paragraph (a) obliges insured credit unions to file financial and other reports on written notice from the NCUA Board, a Regional Director, the Director of the Office of Examination and Insurance or the Director of the Office of National Examinations and Supervision, and to submit their data online through NCUA’s information management system or other electronic means NCUA specifies. Paragraph (a)(2) fixes the cadence: natural person credit unions file a Call Report quarterly under the Form 5300 instructions, and corporate credit unions file a Corporate Credit Union Call Report monthly under Form 5310.

The last sentence of paragraph (a)(2) carries a separate duty. Credit unions must submit a corrected Call Report on notification or on discovering that a correction is needed. The certification page of the form repeats that undertaking, so the duty to correct runs from the preparer’s own discovery as well as from a supervisor’s request.

Paragraph (a)(1) adds a second filing that travels with the 5300. The Credit Union Profile (NCUA Form 4501 or its equivalent, carried in CUOnline as the 4501A Profile) is due within 10 days after the election or appointment of senior management or volunteer officials, and within 30 days of any other change to the information it holds. Separately, NCUA’s Examiner’s Guide states that federally insured natural person credit unions must certify their Profile with each quarterly Call Report submission. Paragraph (b) sets the accounting basis, covered under the caveats below.

Disclosure status matters to anyone sending data to the Board. The October 2026 notice states that, apart from selected sensitive items, the 5300 is not given confidential treatment.

Who must report a Form 5300, and who files a different return

The instructions say every credit union is required to submit a quarterly Call Report through CUOnline, and NCUA’s October 2026 notice lists the respondents as all federally insured credit unions, an estimated 4,224 institutions. The filing duty applies at every asset size, and size determines what goes into the report: $10 million drives the accounting basis and, together with age, the “new” credit union test; $50 million changes how often the NCUSIF deposit is resized; above $500 million the CCULR and risk-based capital schedules (H and I) come in.

Corporate credit unions sit outside the 5300 altogether. They file the 5310 Corporate Credit Union Call Report every month, so a team servicing both types cannot run one calendar. Non-federally insured credit unions are a grey area in NCUA’s published material: CUOnline publishes a separate XML schema for them, but 12 CFR 741.6 and the October 2026 notice speak only to insured credit unions, and neither source sets out the basis or frequency of a non-federally insured filing.

Federally insured state-chartered credit unions file through the same CUOnline system, which state credit union supervisors also use. The instructions give their state supervisor two levers: it may require amended Call Reports, as NCUA may, and it may require GAAP regardless of asset size.

Mergers: who files on the report date

Merger treatment follows the report date. If the merger effective date falls on or before the report date (before 11:59:59 p.m. on the last day of the quarter) and the day-one financials show one consolidated business, the continuing credit union submits a single combined Call Report, and NCUA may contact it to confirm the combined report was filed before deleting the merging credit union’s pending one. If the effective date falls after the report date, the merging credit union still existed at quarter-end and must file its own report.

Consolidation: the CUSO ownership test

The instructions set the consolidation level through credit union service organizations (CUSOs). A CUSO that the credit union wholly owns, or in which it holds a controlling financial interest (assumed at 50 percent or more of the voting stock), is consolidated into the Statement of Financial Condition and the Statement of Income and Expense as if the two were one entity. For a non-controlling ownership interest of at least 20 percent but less than 50 percent of the voting stock, the equity method applies; interests below 20 percent are measured under ASC 321, subject to the alternatives described in the instructions. The assessment must also consider whether the credit union has a controlling financial interest.

Schedule E, Section 5 then asks for the aggregate of all CUSO interests, measured on an unconsolidated basis in Account 851, whatever the ownership share. A wholly owned CUSO therefore appears twice in one report: line by line in the financial statements, and as an unconsolidated investment figure in Schedule E.

Branches and foreign offices

Nothing in 12 CFR 741.6 or the instructions creates a separate return for a branch. Branches appear in Schedule E, Section 3 only as a question about whether the credit union plans to add branches or expand facilities in the next 12 months (Account 566B). Opening a branch outside the United States is an approval question under 12 CFR 741.11, which requires a request to the regional director unless the branch sits on a U.S. military installation or embassy abroad; branch locations are recorded separately in the CUOnline Credit Union Profile (Form 4501A), while Form 5300 Schedule E addresses planned branch additions rather than a branch-by-branch return. The reviewed sources do not prescribe a separate Form 5300 return for foreign branches.

What the report contains: two statements, nine schedules and account-coded lines

The Call Report has two mandatory parts and nine conditional ones. Every credit union completes the Statement of Financial Condition (form pages 1 to 3) and the Statement of Income and Expense (pages 4 and 5) every period; the instructions call these the Call Report Financial Statements. Schedules A through I require input only as applicable. The form’s reporting-requirements table and the Schedule G instructions say what makes each one applicable:

Each data point carries an account code: Account 010 for total assets, 025A and 025B for the count and balance of loans and leases, 018 for total shares and deposits, 998 for the net worth ratio. Schedule A works by loan category, with delinquency split into days-delinquent columns. Schedule D breaks shares down by product and remaining maturity and ends with an NCUA insured savings computation of uninsured and insured shares and deposits. Schedule C records liquidity as positions at the report date across commitments, off-balance sheet exposures, borrowing arrangements and the borrowing maturity distribution, a different instrument in kind from the daily and monthly liquidity monitoring described in our FR 2052a reporting guide.

Units, signs and the income statement period

The Statement of Income and Expense runs year-to-date. The instructions head interest income, interest expense, non-interest income and non-interest expense “Year-to-Date”, as they do loans granted, so each quarter’s report carries cumulative income for the year so far. Rates go in as numbers (the instructions’ example: report 6.5 for 6.5%). Negative entries exist where the accounting produces them; the CECL worked example in Schedule G has a credit union reporting a negative $50,000 one-time adjustment in Account NW0002.

Overdrawn shares carry a sign rule of their own. The Schedule D instructions direct credit unions to transfer overdrawn share balances from their share accounts to All Other Unsecured Loans/Lines of Credit (Accounts 994 and 397), which keeps negative balances out of the shares maturity distribution. The Schedule A, Section 1 instructions for that line carve out overdrawn commercial share accounts that qualify as a commercial loan and report them in Accounts 526, 900P and 400P (commercial loans not real estate secured), and the Schedule A, Section 8 instructions include them in the unsecured commercial loan line.

On currency, thresholds and examples are expressed in dollars, and foreign-currency share balances get their own line, Account 636 (Non-dollar Denominated Shares and Deposits), with a pointer to 12 CFR 745.7 and no translation rule in the instruction itself. The general instructions and the form’s reporting-requirements page state no rounding convention for amounts.

The certificate example the instructions supply

Account 638 reports individual share certificates of $100,000 or more, certificate by certificate, but excludes IRA share certificates and brokered share certificates participated out by the broker in shares of less than $100,000. In the instructions’ own example, a member holds two certificates of $80,000 and $120,000, together $200,000; the credit union reports $120,000, because only individual balances at or above $100,000 count. The instructions explain that the Federal Reserve directed this treatment so it can construct M2, and Account 639 applies the same individual-balance rule to IRA/Keogh accounts, which are reported there rather than in Account 638. A query that aggregates balances by member produces the wrong figure for both lines.

Reference dates and deadlines: the 30th day after each quarter-end

Call Report information is reported as of the quarter-end report date, and the submission date is the 30th day of the month following it. CUOnline’s published schedule sets the cut-off at 11:59:59 p.m. Eastern:

The quarter now closing is therefore due by the 30th day of the next month, and the December report lands inside the year-end close. The instructions say late-filer penalties count calendar days because CUOnline is available 24 hours a day, seven days a week, and neither the instructions nor the CUOnline page describes moving the deadline when the 30th falls on a weekend or holiday. CUOnline sends reminder emails to whoever holds the “Call Report Contact” and “Manager or CEO” roles on the Credit Union Profile, which turns the Profile’s own update clock into part of deadline management. A credit union that files late is asked to tell the Office of Examination and Insurance about special circumstances at CallReportLateFiler@NCUA.gov.

The statute sets the penalty structure. Under 12 U.S.C. 1782(a)(3), failing to file, or filing a false or misleading report, falls into one of three tiers: a first tier for inadvertent errors by a credit union that maintains procedures reasonably adapted to avoid them, or for a minimally late report, where the credit union carries the burden of proving the error was inadvertent; a second tier for other failures; and a third tier for knowing or reckless conduct. The statutory caps are $2,000, $20,000 and $1,000,000 (or 1 percent of total assets, if less) for each day the failure continues. NCUA’s inflation-adjusted maximums for the same three tiers sit in 12 CFR 747.1001.

First and next applicable report dates

A credit union granted a new charter during a reporting period is required to submit a Profile and Call Report through CUOnline by the submission date, so the quarter-end of the charter quarter is the natural first report date. Two report dates also carry extra weight every year. Under 12 CFR 741.4(c), the NCUSIF one percent deposit is measured and adjusted from insured shares on the December 31 report for credit unions with total assets under $50 million, and from the December 31 and June 30 reports for those at $50 million or more.

The next structurally different report date on NCUA’s calendar is March 31, 2027, the proposed start date for Schedule J, which applies only if the revised form is approved as proposed.

Submission through CUOnline: direct entry, XML import and certification

CUOnline is the web-based system that credit unions and state credit union supervisors use to submit and certify the Call Report. It has two sections, the Profile and the Call Report, and it uses NCUA Connect for multifactor authentication. The instructions allow two routes in. Preparers can key data directly, or import a file that must be XML and must adhere to the schema NCUA publishes on the CUOnline page each cycle. Whatever the route, the instructions make the credit union responsible for ensuring the data fully and accurately reflects that quarter’s requirements, including changes NCUA makes from time to time, so an import file built by a data processing vendor leaves the obligation where it was.

The schema is published per cycle and per charter type. For the June 2026 and September 2026 cycles, the CUOnline page posted separate schemas for federal credit unions, federally insured state-chartered credit unions and non-federally insured credit unions, together with account descriptions, sample XML files and the edits file discussed below. A Call Report Import File Test Utility at cuonline.ncua.gov/importtest checks whether a file conforms to the published schema and returns detailed messages on any problem; NCUA says plainly that the tool performs no actual import of Call Report data. Neither the instructions nor the CUOnline page prescribes a file naming convention.

Certification, corrections and amended reports

The form’s certification page has a certifying official confirm that the information is complete and accurate to the best of their knowledge, acknowledge the duty to submit a corrected report on notification or discovery, and acknowledge that false entries made with intent to injure or defraud are punishable under 18 U.S.C. 1006. The page also records a validation date. Corrections to earlier quarters go through CUOnline too, and NCUA points anyone revising a previously filed report to its Call Report forms and instructions archive.

NCUA or the state supervisor can also demand an amended report. The instructions give two grounds: significant errors in how the credit union classified or categorized items, as the supervisory authority determines; and errors material to the credit union, using the materiality definition in FASB Concepts Statement No. 8. The wording tracks the amended-reports paragraph in the FFIEC Call Report general instructions closely, which helps teams that also prepare bank returns, though banks file with the FFIEC’s Central Data Repository.

Validation rules in CUOnline: schema checks, the edits file and built-in reconciliations

Three layers of checks are visible in NCUA’s published material. The first layer is structural: the CUOnline page states that any attempt to import data that cannot be validated by the published schema will be rejected. Submission also depends on the Profile, since NCUA’s Examiner’s Guide ties quarterly Profile certification to each Call Report submission. How CUOnline treats individual Call Report errors and warnings cannot be inferred from the schema rule alone.

The second layer is the edit set. NCUA publishes “Call Report Edits: Errors and Warnings” for each cycle as a downloadable file next to the schemas. The label separates errors from warnings, yet neither the instructions nor the CUOnline page explains how CUOnline treats each class at submission, for example whether a warning needs a written explanation. On the bank side, the FFIEC 051 general instructions require a submission that passes validity edits and carries explanations for any quality edit it fails. Because no equivalent text appears in the 5300 instructions, the cycle’s edit file is the reference for severity.

The third layer is built into the form. Totals such as Account 018 (total shares and deposits), Account LI0069 (total liabilities) and Account 997 (total net worth) take no input and automatically populate when the Call Report is submitted. The instructions also state cross-schedule equalities that a preparer can test before submission:

• Account 880 (nonmember deposits) must equal Account SH0880 in Schedule D, a rule added in the September 2025 instructions.
• Account 018 must also equal Account SH0018 in Schedule D.
• Items 1 to 13 of Schedule A, Section 1 must sum to total loans and leases in Account 025B.
• Account 1004A should equal Account 1004 from the prior period’s report, a figure the credit union has to track itself because it does not appear on the balance sheet.

NCUA does not publish a ranked list of rejection causes in these sources. Those four are a sample. The schedule instructions state further equalities, for example Account RL0016 in Schedule A, Section 7 must equal Account 703A in Schedule A, Section 1, and Account NV0081 in Schedule B, Section 1 must equal Account AS0073 on page 1, so a pre-submission reconciliation built only on the four above, the CECL routing set by Account AS0010 and the year-to-date income basis leaves stated dependencies untested.

Caveats for preparers: accounting basis, CECL, capital schedules and adjacent filings

The accounting basis depends on size and charter. Under 12 CFR 741.6(b) and the general instructions, the Call Report Financial Statements of a credit union with total assets of $10 million or more must reflect GAAP. A smaller credit union may use regulatory accounting principles other than GAAP, unless it is a federally insured state-chartered credit union whose state supervisor requires GAAP regardless of size.

The CECL check box in Account AS0010 then routes the statements. A credit union that has not adopted ASC Topic 326 reports its allowance in Account 719 and its provision in Account 300; an adopter uses Account AS0048 for the allowance for credit losses on loans and leases and reports credit loss expense in Accounts IS0011, IS0012, IS0013 and IS0016, with Account IS0017 as the automatically calculated total of those expense lines. The September 2025 instructions rewrote the Account 719 wording to say exactly that. Credit unions that adopted CECL before the first fiscal year beginning after December 15, 2022 may not change the one-time adjustment they previously reported in Account NW0002.

Capital Adequacy Worksheet (Schedule G)

All credit unions must determine their net worth category at each calendar quarter-end, but the Schedule G instructions require input only where the credit union has chosen an optional total assets election, has a one-time CECL adjustment to report in Account NW0002, completed a merger or acquisition with another credit union after December 31, 2008, or includes subordinated debt in net worth (Account 925A). A CECL adopter reports the adoption date in Account NW0001 and the one-time or transitional adjustment in Account NW0002, and the instructions say to report the NW0002 amount every quarter after CECL adoption, not only in the adoption quarter. The optional elections are the average of daily assets over the quarter (010A), the average of the three month-end balances (010B) and the average of the current and three preceding quarter-end balances (010C).

For prompt corrective action purposes, a credit union is “new” if it has operated for less than 10 years and has total assets of not more than $10 million, subject to the additional conditions in 12 CFR 702.201. Once a credit union reports assets exceeding $10 million on a Call Report, it does not regain “new” status merely because its assets later fall below that threshold. The applicable capital classification is reported in Account 701 under 12 CFR 702.202; other credit unions report their classification in Account 700 under 12 CFR 702.102. The September 2025 instructions point Account 701 to 702.302, but that section holds definitions for a different subpart, so the article follows the operative regulation.

Complex credit unions: Schedule H or Schedule I

With total assets in Account 010 above $500 million, a credit union is complex under 12 CFR 702.103 and must either calculate the risk-based capital ratio in Schedule I or opt into the complex credit union leverage ratio (CCULR) framework of 702.104(d) through Schedule H. The CCULR qualifying criteria are:

A credit union that opted in and then fails a criterion can stay in the framework for a two-quarter grace period, answering “Yes” in Account LR0008; once the grace period has expired it must complete Schedule I. Under 12 CFR 702.104(d)(7)(v), a credit union that stops meeting the criteria as a result of a merger or acquisition that is not a supervisory merger or combination has no grace period and must comply with the risk-based capital ratio, and so complete Schedule I, in the quarter it ceases to qualify. A CCULR below 7 percent during the grace period no longer meets the capital ratio requirements for “well capitalized” under 702.102, and classification then follows the net worth ratio. The goodwill test deducts goodwill from supervisory mergers or combinations completed on or before December 28, 2015.

Adjacent filings and false friends

Three neighbouring obligations sit close to the 5300 and share its name, system or subject matter. The 4501A Profile is a separate filing in the same system with its own event-driven deadlines. Banks file the FFIEC 031, 041 or 051 Call Report, which shares the name and parts of the amended-report language but none of the forms. And 12 CFR 741.205, despite its title (“Reporting requirements for credit unions that are newly chartered or in troubled condition”), deals with prior notice and NCUA review of management changes under 12 CFR 701.14(c) for credit unions chartered less than two years or in troubled condition; it leaves the Call Report cycle untouched.

Proportionality works through the schedule triggers. A credit union under $500 million with no derivatives and no commercial lending leaves Schedules F, H and I and Schedule A, Section 8 blank. Neither 12 CFR 741.6 nor the instructions describe a waiver from filing the report itself.

Changes to the 5300: retired fee lines, the 2025 instruction rewrite and proposed Schedule J

The March 2025 form change list is short. It retired Account IS0048 (Overdraft Fee Income) and Account IS0049 (Non-Sufficient Funds Fee Income) from the Statement of Income and Expense, citing an NCUA policy change. Fee income still goes to Account 131, whose instructions list overdraft fees among the services it covers.

The instructions effective September 30, 2025 (Version 2025.1) made 24 numbered revisions. The largest was a new General Instructions section covering preparation, submission, amended reports, mergers, new charters and civil money penalties, the source of much of the procedure described above. Others clarified individual accounts: mortgage loans held for sale (Account 003) at the lower of cost or fair value unless the fair value option is elected or a qualifying hedge applies; core deposit intangibles as an example under other intangible assets (AS0032); Visa Class B-1 and B-2 stock under other assets (009C). Schedule C, Section 4 received a new definition of total borrowing capacity, and Schedule D, Section 3 now refers to shares that are not insured by NCUA where it used to say uninsured shares.

On April 23, 2026, NCUA announced a Request for Information on enhancing and streamlining data collection, covering the 5300, the 5310 and the 4501A Profile, with comments closing on June 23, 2026. The press release committed to no specific change or timetable.

Proposed Schedule J: payment stablecoin activities

On 9 October 2026, NCUA published a paperwork notice, FR Doc. 2026-20729 at 91 FR 64699-64700, proposing to revise the 5300 with a new Schedule J, Payment Stablecoin Activities. According to the notice, the revised form and instructions are proposed to take effect with the March 31, 2027 report date, and comments must be received on or before December 8, 2026. The notice lists four blocks of new accounts:

NCUA says each block will enhance its offsite supervision. The same notice raises the estimated average burden per response to 47.0 hours, citing feedback to the April 2026 Request for Information, while stating that the proposed revisions would not materially change the existing burden estimates; the March 2025 form still prints an estimate of 4 hours. The proposal is not final, and NCUA is submitting it to OMB for review and clearance. For the Federal Reserve’s parallel collection for Board-supervised stablecoin issuers, see our FR UU reporting article.

Frequently Asked Questions

Our total assets fell back to $500 million or less at quarter-end after we had opted into CCULR. What do we enter on Schedule H?

The Schedule H instructions treat this as scenario 1. With Account 010 at $500 million or less, no further action is required, the credit union calculates neither the RBC ratio nor the CCULR, and the standard net worth ratio applies. Accounts LR0001 and LR0008 stay blank.

A loan category in Schedule A, Section 1 contains only purchased loans. Which interest rate do we report?

Since the September 2025 instructions, the most common yield on the purchased loans, with the yield reflecting any premiums or discounts. Where more than one rate applies, the most common rate in the category is reported.

Do delinquent loans serviced by an outside processor, or held by our wholly owned CUSO, belong in Schedule A, Section 2?

Yes. The instructions define all delinquent loans to include loans serviced by outside processors and loans on the balance sheet of wholly owned CUSOs. Two groups stay out: loans already written down to fair value through a decision to sell or a transfer to loans held for sale, and loans where the credit union already holds the collateral physically, whether or not foreclosure or repossession proceedings have started.

A borrower in financial difficulty is current under modified terms. Does the modification count as delinquent?

For credit unions with assets of $10 million or more, the instructions require reporting such a modification as delinquent when, under the modified repayment terms, the loan is 30 days or more past due or in nonaccrual status. Credit unions under $10 million that have not adopted CECL include all troubled debt restructured loans that are past due, measured against the restructured contract terms.

Can borrowing capacity supported by a blanket lien go into Total Borrowing Capacity in Schedule C, Section 4?

The September 2025 instructions exclude it. For each borrowing arrangement source, Total Borrowing Capacity reflects collateralized borrowing capacity net of haircuts and other deductions, reduced by arrangements that encumber it, such as open standby letters of credit. Total potential capacity, such as an amount supported by a blanket lien, may not be entered. The instructions also direct the credit union to include the total amount of approved issued and unissued subordinated debt and grandfathered secondary capital. Pledged assets go in at recognized value: unpaid principal balance for loans and current market value for securities.

We carry private share insurance on top of NCUSIF coverage. How does Schedule D handle it?

Account 875 asks whether the credit union maintains share or deposit insurance other than the NCUSIF. Under the September 2025 instructions, the answer is “yes”, with the insurer named, only if a dollar amount of shares or deposits is actually insured by that company, and all shares insured by the additional coverage are reported.

Related Articles

• FFIEC Call Report: Who Files 031, 041 or 051 for 30 September 2026: which bank Call Report form applies by foreign offices, size and capital standard, and what changed for the September 2026 quarter.
• FR UU Reporting: The Fed’s New Stablecoin Collection and FR Q Changes: the Federal Reserve’s proposed GENIUS Act reporting for Board-supervised payment stablecoin issuers.
• FR Y-9C Reporting: The $3 Billion Line and the 40-Day Clock: who files the Federal Reserve’s consolidated holding company report, its schedules and its quarterly deadlines.
• FR 2052a Reporting: Complex Institution Liquidity Monitoring Report: filer categories, frequency and data tables of the Federal Reserve’s liquidity monitoring report.

Key Takeaways

• Diary April 30, July 30, October 30 and January 30 (11:59:59 p.m. Eastern) as calendar-day cut-offs; late-filer penalties do not pause for weekends.
• Check each quarter that the “Call Report Contact” and “Manager or CEO” roles on the Profile name current people, since CUOnline sends its reminder emails to those roles.
• Download the cycle’s schema for the correct charter type and that cycle’s edits file before building an import; the test utility confirms schema conformance and nothing more.
• Test Account 010 against $500 million at every quarter-end, and start counting the two-quarter CCULR grace period from the first quarter a criterion fails, unless the failure results from a merger or acquisition that is not a supervisory merger or combination, which carries no grace period.
• Treat a merger effective after 11:59:59 p.m. on the last day of the quarter as a quarter in which the merging credit union still files its own report.
• File a corrected report when an error is found internally; 12 CFR 741.6(a)(2) triggers the duty on discovery as well as on NCUA notification.
• Map any reserve-asset custody, key custody, PPSI exposure or stablecoin holdings to the four proposed Schedule J blocks before the December 8, 2026 comment deadline.

Sources and References

• 12 CFR Part 741, Requirements for Insurance, including 741.4, 741.6, 741.11 and 741.205 (govinfo, annual CFR edition): https://www.govinfo.gov/link/cfr/12/741?year=mostrecent&link-type=pdf
• 12 U.S.C. 1782, Federal Credit Union Act section 202 (reports of condition and penalties): https://www.law.cornell.edu/uscode/text/12/1782
• NCUA, Call Report Form 5300 Instructions, effective September 30, 2025 (Version 2025.1): https://ncua.gov/files/publications/regulations/call-report-instructions-september-2025.pdf
• NCUA, Call Report Form 5300, effective March 31, 2025 (Version 2025.1): https://ncua.gov/files/publications/regulations/call-report-form-march-2025.pdf
• NCUA, Call Report Form Changes, March 2025: https://ncua.gov/files/publications/regulations/changes-march-2025.pdf
• NCUA, Examiner’s Guide, Credit Union Profile (quarterly Profile certification): https://publishedguides.ncua.gov/examiner/Content/ExaminersGuide/RegulatoryCompliance/CallReport/Profile.htm
• 12 CFR Part 702, including 702.201 and 702.202 (eCFR): https://www.ecfr.gov/current/title-12/part-702
• NCUA, CUOnline (Call Report forms, XML schemas, edits files and filing dates): https://ncua.gov/regulation-supervision/regulatory-reporting/cuonline
• NCUA, Proposed Agency Information Collection Activities; Comment Request (Form 5300, Schedule J), FR Doc. 2026-20729, 91 FR 64699-64700, 9 October 2026 (GPO text edition): https://www.govinfo.gov/content/pkg/FR-2026-10-09/html/2026-20729.htm; PDF edition: https://www.govinfo.gov/content/pkg/FR-2026-10-09/pdf/2026-20729.pdf
• NCUA press release, NCUA Seeks Comment on Enhancing and Streamlining Data Collection, 23 April 2026: https://ncua.gov/newsroom/press-release/2026/ncua-seeks-comment-enhancing-and-streamlining-data-collection
• NCUA, Civil Monetary Penalty Inflation Adjustment, final rule revising 12 CFR 747.1001 (FR Doc. 2025-00737): https://public-inspection.federalregister.gov/2025-00737.pdf
• FFIEC 051 Call Report General Instructions (submission and amended reports for banks): https://www.fdic.gov/bank-financial-reports/ffiec-051-general-instructions-december-2025.pdf

Ahead of the March 31, 2027 report date

Until NCUA publishes a superseding form, each quarter runs on the March 2025 form, the September 2025 instructions and that cycle’s schema and edits file. The Schedule J proposal sets the next decision point: comments close on December 8, 2026, and if the schedule is adopted as proposed, the March 31, 2027 report due on April 30, 2027 is the first that would carry the 26 new stablecoin accounts.

Disclaimer: The information on RegReportingDesk.com is for educational and informational purposes only. It does not constitute legal, regulatory, tax, or compliance advice. Always consult your compliance officer, legal counsel, or the relevant supervisory authority for guidance specific to your institution.