For most credit unions, the quarterly 5300 Call Report is a necessary, but time-consuming obligation. Many institutions spend two to three weeks each quarter compiling, formatting and validating the data required for submission. Over the course of a year, that effort adds up to two or three full months devoted almost entirely to a single regulatory report.
For many finance leaders, 5300 season means late nights, cross-system reconciliations and zero room for error.
Imagine what your credit union team could accomplish if that time were redirected elsewhere. Instead of wrestling with spreadsheets, staff could focus on analyzing member behavior trends, evaluating personalization efforts, improving operational efficiency or exploring AI-driven initiatives. The opportunity cost of manual reporting is significant, and it is now increasingly unnecessary.
Why the 5300 Call Report Is So Challenging
The difficulty of the 5300 Call Report lies in its strict adherence to NCUA standards. With more than a thousand data fields across twenty-eight pages, every entry must comply with regulatory definitions. Even minor inconsistencies can trigger additional reviews and corrections.
Preparing the report typically requires pulling data from multiple internal systems, manually mapping fields, and performing repeated validation checks. This process consumes valuable time and increases the likelihood of human error. An incorrect submission can result in having to redo and resubmit previous quarters and heightened regulatory scrutiny, among other things. The pressure to get it right, every single quarter, is substantial.
In addition, if a data source is added or changes (a new core for example), the processes you’ve put into place to prepare the 5300 will likely need to be reviewed and revised.
Changes in staff can also be a risk. If you have a team member that has all the knowledge of how to pull and combine the data to comply with NCUA requirements, what happens if they leave your credit union?
How Rise Analytics Simplifies 5300 Reporting
Rise Analytics developed 5300 Automation specifically to address these challenges. The solution removes much of the manual effort traditionally associated with the Call Report by automatically sourcing required data from multiple systems, including but not limited to, the Rise Analytics Data Lakehouse, and formatting it to meet NCUA standards.
By automating data ingestion and formatting, 5300 Automation reduces error risk while accelerating the overall reporting process. What once took weeks can now be completed in a fraction of the time, freeing accounting and finance teams to focus on higher-value initiatives that support members and long-term strategy.
The solution features an intuitive interface that makes data mapping straightforward, even for users without advanced technical expertise. Incorporate your credit union’s uniqueness with the ability to create transformations, make manual adjustments and add notes and instructions.
Once complete, the quarterly report can be easily uploaded to the NCUA’s 5300 submission tool, allowing credit unions to submit reports with confidence and efficiency.
The Rise Analytics Difference
Many members of the Rise Analytics team have worked directly within credit unions and understand firsthand the operational pressures and regulatory scrutiny institutions face. And this solution wasn’t developed in isolation. For more than two years, Rise worked closely with multiple credit unions to validate the approach and ensure it meets real-world needs. These perspectives shaped every aspect of 5300 Automation, from data preparation and validation to submission readiness. Early adopters are already seeing faster reporting cycles, reduced manual effort and greater confidence in their 5300 submissions.
Partner with Rise Analytics
By automating the 5300 Call Report, your credit union can shift resources away from repetitive, high-risk tasks and toward initiatives that drive growth and member satisfaction. Get 5300 Automation implemented at your credit union and start realizing meaningful time savings in 2026 and beyond.
To learn more about Rise Analytics solutions, including 5300 Automation, visit www.riseanalytics.com or meet us at GAC at booth #925.
