CU*Answers Rolls Out 5300 Ratios

CU*Answers has announced that the 11.0 CU*BASE Release includes an exciting new feature for those credit unions utilizing the embedded 5300 Call Report Tool. A new dashboard accessed from the Management menus calculates key NCUA financial ratios using the data from quarterly CU*BASE Call Reports.

According to the CUSO, in addition to calculating ratios from the existing quarterly reports, credit unions may also create monthly Call Reports and request ratios using that data.

CU*Answers states that it hopes this new feature will be an incentive for those clients that have not begun using the Call Report tool to begin incorporating it into their operations.

For more information about 5300 Call Reports for CU*BASE, access