The NCUA should change its call report deadlines as soon as possible, since its current, floating deadlines are wreaking havoc on credit unions – something that will only will get worse this summer – several credit union CEOs said.
The agency is scheduled to receive a staff briefing at its board meeting Thursday, and credit union CEOs said they hope it will lead to the adoption of consistent deadlines similar to those required by bank regulations.
“It's due at the end of the month,” Bernie Winne, president/CEO of the Boston Firefighters Credit Union, said in reference to the bank deadlines. “You know when it's due.”
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