CU*SOUTH recently announced that 44% of its credit union clients used the 5300 Call Report tools in CU*BASE to not only create 4th Quarter Reports, but also to upload these reports to the NCUA.
“Our credit union clients have drastically reduced the amount of time spent completing their 5300 reports. Approximately 60% of the 800 plus fields for this tedious task have the capability to be automatically populated,” comments Starla Honea, Client Service Manager for the CUSO.
CU*SOUTH continued to say that 5300 Report generation tools are embedded in CU*BASE and are provided at no additional cost to credit unions.