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Melissa Green, controller for $153 million West Community Credit Union in O’Fallon, Mo., said she spends as much as 25% of her time completing NCUA 5300 Call Reports.

Given the depth and breadth of the 25-page quarterly report and its 104 pages of instructions, Green said she has to gather more information than she believes the regulator needs or, perhaps, knows what to do with. And it costs the credit union an estimated $20,000 annually in staff time and resources, Green said.

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