Event Date and Pricing

$249 for Webinar and Playback*

*Playback has no expiration and may be shared internally.

  • Monday, August 5, 2019

  • 2:00 - 3:30 pm (Eastern Time)

  • 1:00 - 2:30 pm (Central Time)

  • 12:00 – 1:30 pm (Mountain Time)

  • 11:00 – 12:30 pm (Pacific Time)



How to classify loans for CU Call Report purpose is still a mystery for CU Call Report preparers. Perhaps the word mystery goes a bit too far. Nevertheless, loan classification for CU Call Report purposes is very challenging indeed. A Schedule with only twelve possible lines, surprisingly, causes much trouble and frustration. Once the overall approach to classification “clicks,” the Schedule become rather routine and less burdensome. With time and experience, the categorization mystery slowly fades away. Experienced CU Call Report personnel can confirm this fact.


This final webinar in our Credit Union Call Report accounting series focuses on the Schedule called “Loans and Leases as of ______” (page 6 of Form 5300). That page 6 requires the preparer to insert, on lines 1 to 13, the # and $ amount of all CU loans (direct and participations) by appropriate line category. The total of those lines must equal the # and $ amount on the Loans and Leases line 19 on the balance sheet, page 2. That is easier said than done. The webinar explains exactly what should be included on each of the lines 1 to 13. Emphasis is placed on the type of collateral for each type of loan. Collateral dictates where a particular loan appears on the appropriate lines 1 through 13.

The call report training explains the collateral tracking tool used by many CUs. Particular emphasis is placed on the following five collateral types:

  • V = Vechicle
  • R = Real Estate
  • S = Stocks
  • O = Other
  • M = Medallion

Type M is especially useful with up to 99 sub-types.

Learning Objectives

  • Understand mechanics of Loans and Leases on the balance sheet and on the details on the supporting Loans and Leases Schedule
  • Understand what is an PAL loans
  • Comprehend the meaning of non-federally guaranteed student loans
  • Know what are “Other Unsecured Loans”
  • Distinguish between “New Vehicle Loans” and “Used Vehicle Loans”
  • Learn what are secured non-real estate loans.

Save almost 50% by registering for all 4 sessions in this critical accounting training series!


  • Paul Sanchez

    Paul Sanchez

    PSA Professional Service Associates / Founder

    Paul J. Sanchez, CPA, CBA, CFSA conducts a CPA practice in Port Washington, New York. He is also the owner of Professional Service Associates (PSA), a consulting and professional training and development business servicing corporate clients (auditors, controllers, etc.), CPA firms, professional associations and others. He was an assistant professor at Long Island University – C.W. Post Campus as well as an adjunct lecturer at City University of New York. Prior to starting PSA, he was the Vice President-Professional Development for the Audit Division of a regional bank and Director of Professional Practices and Vice President of a money-center bank, where he directed the professional practice development and training for internal auditors.


1.5 CPE Credits per Session