NCUA has released its new call report form and accompanying instructions, which become effective Sept. 30. For credit unions engaged in commercial lending, most notable are the updates reflecting the January 2017 changes to the member business lending (MBL) rule.

The MBL rule creates a distinction between MBLs and commercial loans, and the new call report form is updated to report the separate categories.

The call report instructions contain a list to help clarify the distinction between the two loan types, similar to the chart created earlier this year by CUNA compliance staff.

The Instructions also explain that the reporting of commercial loans will be broken down into subcategories such as:

 

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