What is FPR report?

What is FPR report?

Financial Performance Reports provide a financial summary for a credit union, including assets, liabilities & capital, and income & expense. Users may request an FPR shortly after the credit union’s Call Report data has been submitted and validated by the regulator.

What is a good net worth ratio for credit unions?

The net worth-to-asset ratio is the primary measure of each credit union’s financial strength. According to current Prompt Corrective Action (PCA) regulations, a 7% or higher net worth ratio is a “well capitalized” credit union. At 6% the credit union is “adequately capitalized.”

What is a good Roa for a credit union?

This metric, which is calculated by dividing a CU’s annualized net income by average total assets, is an important gauge of profitability because it reveals how much income is generated for each dollar of assets deployed. In the past, CUs strived for an ROA rate of 1.5% or above.

What is NCUA regulation?

Created by the U.S. Congress in 1970, the National Credit Union Administration is an independent federal agency that insures deposits at federally insured credit unions, protects the members who own credit unions, and charters and regulates federal credit unions.

What is fortify FPR file?

An FPR file is a project used by HPE Security Fortify Static Code Analyzer (SCA), a suite of tools used by security professionals to scan enterprise software for security issues. It contains a project, which includes analysis results and settings such as the source code path and the build ID.

What does FPR stand for Fortify?

At its rawest form, the FPR file is simply XML data zipped up and renamed to *. FPR (“Fortify Project Results file”).

What does NCUA consider well capitalized?

To be considered well-capitalized by the NCUA, credit unions will have to have a minimum RBC ratio of 10%, as well as a net worth to assets ratio of 7%. If credit unions fall below either one of these, they may be subject to regulatory action to improve the ratio which is deemed too low.

What is capital for a credit union?

To be considered “well-capitalized” a credit union needs to have capitalization of at least 7%; for banks it’s around 8%.

How do I contact NCUA?

Hotline Numbers

Hotline ​Telephone Email or Website
Consumer Assistance 800.755.1030 Consumer Assistance Center​
Federal Credit Union Fraud 800.827.9650 ​Fraud Hotline
Inspector General 800.778.4806 [email protected]
​Investments 800.755.5999 [email protected]

How do I read a FPR file?

Programs that open FPR files

  1. Any text editor.
  2. Image-Line FL Studio. Any text editor.
  3. Any text editor.
  4. Linux. Any text editor.
  5. iOS. Any text editor.

Can fortify scan compiled code?

Fortify doe not NEED to compile the code so that it can perform the scan. It can accept pre-compiled .