An automated solution for NCUA 5300 Call Reports
As credit unions invest additional resources in their compliance efforts, finding a solution that simplifies this process not only eliminates added legwork for your staff but also reduces the chance of errors. The National Credit Union Administration (NCUA) requires that every credit union must file their 5300 Call Reports on a quarterly basis. DataLink CU software from ProfitStars automates your report preparation to make filing quick and easy.
ProfitStars’ DataLink CU software enables credit unions to file their 5300 Call Reports electronically, conveniently interfacing with a variety of core processing platforms. DataLink CU easily extracts data to line items in the Call Report for faster, simpler, and more accurate quarterly report preparation. DataLink CU automates work associated with collecting general ledger data, totaling calculations, and entering Call Report data. The software also accepts third-party delimited files as a data source, making it even easier to gather all the information you need to file your Call Report from a single source. Completed credit union data can be uploaded directly to NCUA’s Credit Union Online Web-based application for the 5300 Call Report.
What It Does
Allows users to map directly from a variety of core processing platforms to the 5300 Call Report to save time and ensure accuracy.
Automates work associated with analyzing general ledger data, totaling calculations, and entering Call Report data.
Enables credit unions to electronically file their 5300 Call Reports with the NCUA.
Lets users create data conditions and filters to sum the data needed for specific line items.
Accepts third-party delimited files as a data source.
What It Does For Me
Lets you prepare 5300 Call Reports faster and more accurately.
Keeps you up to date with recent NCUA Call Report changes.
Reduces personnel expenses related to Call Report preparation and filing.
Facilitates compliance efforts by managing the process for Call Report processing.