The top ROA-generating credit union in the nation has just $47 million in assets. Read how Southwest Financial FCU achieved the feat.
The NCUA says third quarter filings are down from 75 in the second quarter.
The NCUA is reviewing the second quarter violators to determine how many have mitigating circumstances that would wave penalties.
ALEXANDRIA, Va. — NCUA says threat of fines leads to drop from more than a thousand to about 100.
The NCUA says it will impose civil money penalties on credit unions that don't file 5300s by Friday.
Review key results from NCUA fourth quarter call report data released March 3.
Despite warnings and threats of fines next quarter, hundreds credit unions still filed their December 2013 call reports late.
Aggregate 10.78% net worth for fourth quarter 2013 marks 13 basis points increase in just three months.
While most agree credit unions should file reports on time, industry leaders also think regulator's fines are heavy handed.
NCUA Board Chairman discusses the agency's proposed risk-based capital rule and call report filing fines on-site from NCUA headquarters.