Current Matters & Common Questions Impacting the Call Report
The March 31, 2021 and the June 30, 2021 Call Reports are impacted by new reporting requirements related to reporting brokered deposits, HELOCs, international remittance transfers, to name a few, along with changes resulting from applicable sections of the CARES Act, and the regulatory agencies’ rulings that result from the current COVID-19 crisis. Participants will receive a copy of the presentation and a supplement handout that describes the areas impacted by the CARES Act and the regulatory Interim Final Rules, and the Call Report Schedules impacted by these changes on Form 041 with Form 051 reductions in reporting indicated, as applicable.