Rise Analytics Launches 5300 Automation Solution to Streamline Credit Union Call Reporting

Rise Analytics, a wholly owned subsidiary of Trellance, today announced the launch of its new 5300 Automation Solution designed to significantly reduce the time, effort and risk associated with preparing the NCUA 5300 Call Report. 
 
Preparing the quarterly 5300 Call Report requires substantial cross-departmental coordination and manual data compilation at most credit unions, typically taking two to three weeks each quarter. Rise Analytics’ 5300 Automation Solution simplifies this process by automatically pulling the data directly from the Rise Analytics data platform and seamlessly incorporating third-party data sources used by the credit union. 
 
The 5300 Automation Solution includes:
• Built-in validation to help identify potential errors before submission
• Reduced risk of human error through automation and standardized workflows
• Significant time savings across departments, freeing staff to focus on higher-value initiatives
• NCUA-ready output, generating a compliant 5300 Call Report for smooth, hassle-free submissions

​“The 5300 Automation Solution is a natural extension of the Rise Analytics data platform, and our mission to eliminate manual effort from critical reporting workflows” said Paolo Teotino, Executive Director at Rise Analytics. “By automating one of the most time-consuming regulatory processes credit unions face, we help teams spend less time compiling data and more time driving impact for their members and communities.”
 
Early adopters are already realizing measurable benefits.
 
“Using 5300 Automation has reduced the time required to complete the 5300 process by at least 30%, and it has significantly eased the pressure of meeting deadlines,” said Heather Gabel, Director of Accounting/BSA Officer at Commodore Perry Federal Credit Union. “The Rise Analytics team provided consistent support throughout the onboarding process.”
 
The 5300 Automation Solution was developed in close collaboration with credit unions to ensure it meets real-world operational and compliance needs. It complements Rise Analytics’ broader portfolio of analytics and automation solutions designed to help credit unions turn data into efficiency, confidence and measurable outcomes.
 
To learn more about the 5300 Automation Solution and to find out how it can be implemented at your credit union, visit www.riseanalytics.com, register for our February 18th webinar or meet the Rise Analytics team at GAC, booth #925.