Trades Lash Out at NCUA Over Late Filing Fees
The credit union trade associations are lashing out at NCUA over its plan to assess significant penalties on credit unions that do not file their 5300 Call Reports within the required time frames. Calling the up-to-$1-million-dollars-per-day fees extreme and unnecessary , the trades say that credit unions just need more awareness of the need for timely filings. [1/17]