NCUA Reinstates Civil Money Penalties for Late Call Report Filing
November 29, 2023
November 29, 2023
ALEXANDRIA, Virginia, Nov. 29 -- The National Credit Union Administration issued the following news release on Nov. 28, 2023:
The National Credit Union Administration today announced that it will reinstate assessing civil money penalties for credit unions failing to submit NCUA Form 5300 Call Report on time, effective January 1, 2024.
"The program was suspended after the December 2019 cycle due to the COVID-19 pandemic," NCUA Chairman Todd M. Harper said. &quo . . .
The National Credit Union Administration today announced that it will reinstate assessing civil money penalties for credit unions failing to submit NCUA Form 5300 Call Report on time, effective January 1, 2024.
"The program was suspended after the December 2019 cycle due to the COVID-19 pandemic," NCUA Chairman Todd M. Harper said. &quo . . .