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Comments on NCUA's Overhead Transfer Rate Methodology Due

NCUA Events
Date:
Feb 20, 2024
Time: 11:59 PM

The NCUA Board unanimously approved the issuance of a notice and request for comment on the existing Overhead Transfer Rate (OTR) methodology at its December 2023 meeting. The Board is inviting comment on the NCUA's methodology to determine the OTR. The request for comment clarifies the four principles for calculating the OTR and the various cost allocations associated with the calculation.

In 2017, the NCUA published in the Federal Register a request for comment regarding a revised OTR methodology based on the Board's internal assessment and comments received from a 2016 request for comment. The primary goal of the proposed changes to the OTR methodology at that time was to simplify the methodology and reduce the resources needed to administer the OTR. The Board committed to subjecting the four principles to public comment every three years and in the event the Board proposes a change to one or more of the principles.

Comments are due February 20, 2024 (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).) .

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