Comment Period on NCUA Operating Fee Methodology Closes Sept. 5
At its June 2023 meeting, the NCUA Board approved the issuance of a notice and request for comment about adjustments to the methodology the Office of the Chief Financial Officer uses to determine how it apportions operating fees charged to federal credit unions.
The Board proposes to increase the threshold below which federal credit unions are exempt from paying an operating fee from $1 million to $2 million and establish a process to update the exemption threshold in future years based on the credit union system's annual asset growth. The request for comment also seeks views about whether and how the Board should modify the current three-tier operating fee schedule.
Comments must be received by September 5. For more information or to submit a comment, go to (opens new window) (You will be leaving NCUA.gov and accessing a non-NCUA website. We encourage you to read the NCUA's exit link policies. (opens new page).) .