CU*Answers Beefs Up the 5300 Call Report Ratios Tool

With its last software release CU*Answers introduced more ratios to the 5300 Call Report Ratios Dashboard, bringing the total number of available ratios to 32. The tool now allows credit unions to assign a goal and policy limits to each ratio so that it is much easier to identify ratios that are not within a normal range for the credit union. The ratios display highlighted in red, yellow or green depending on how the calculated ratio compares to the specified limits.

Jim Vilker, VP of Professional Services and head of the CU*Answers compliance division, stated “Our plan is to build a complete set of tools to assist you in your evolving risk management strategies. These ratios are a critical part of risk management as they are used to establish thresholds in differing areas of operation. The addition of these ratios was a critical component of the complete set of tools that round out the CU*BASE® enterprise risk management functionality of the system”.