West Michigan-based data processing CUSO, CU*Answers, recently made updates to its automated 5300 Call Report tool that allows clients to quickly calculate Loans Granted YTD. CU*Answers said it is constantly improving the 5300 Call Report Tool on its flagship core data processing system, CU*BASE^®, to assist credit unions with the task of completing the report and delivering it to the NCUA on a quarterly basis.

The CUSO went on to say that the 5300 Call Report Tool has been streamlined so well, that there are CU*Answers clients filling out a “monthly call report” for trend analysis purposes. CU*Answers stated it also offers a service to credit unions who need assistance with initially building the automation routines on the 5300 Call Report Tool.