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For Details, Contact:
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National Credit Union
Administration 1775 Duke Street Alexandria, VA 22314-3428 Phone: (703) 518-6330 Web Address: http://www.ncua.gov/ |
FOR IMMEDIATE RELEASE |
September 30, 2005 - 5300 Reporting GuidanceAlexandria, Va., September 23, 2005 – The United States Post Offices in New Orleans, Louisiana and in cities primarily to the south and east of New Orleans have currently suspended mail delivery operations. In addition, there are other federally insured credit unions (FICUs) located in areas affected by Hurricane Katrina with available mail service that may need additional time to submit an accurate 5300 Call Report due to ongoing challenges related to the aftermath of the hurricane. Regions III and IV are working closely with these credit unions and the state supervisory authorities of Louisiana, Mississippi, and Alabama to address filing Call Reports for the September 30, 2005, 5300 reporting cycle. The September 5300 Call Report filing deadline for FICUs is October 24, 2005. However, NCUA will allow affected credit unions additional time to submit a Call Report if needed. Credit unions affected by Katrina needing additional time to file a Call Report should contact their NCUA regional director or state supervisory authority for an extension. The National Credit Union Administration charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, operates and manages the National Credit Union Share Insurance Fund, insuring the accounts of more than 84.5 million account holders in all federal credit unions and the majority of state-chartered credit unions.
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