NCUA Delays Filing Deadline For Gulf CUs
NCUA said last week it will extend the filing deadline for third-quarter Call Reports for all credit unions affected by Hurricane Katrina.
The agency noted that the U.S. Post Offices in New Orleans and in other cities primarily to the south and east of New Orleans have suspended mail delivery operations. In addition, there are other federally insured credit unions 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. As a result, NCUA said it 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.