Your operating fee is based upon the total assets of your credit union as of December 31, 2017.
FOR NATURAL PERSON FEDERAL CREDIT UNIONS
If total assets are more than $1,000,000, the operating fee assessment is:
- 0.00026412 on the first $1,425,977,345 of assets, plus
- 0.00007698 on the next $2,889,008,678 of assets, plus
- 0.00002571 on assets over $4,314,986,023
Examples:
A credit union with $1,000,000 in total assets has an operating fee of: $0.
A credit union with $1,250,000 in total assets has an operating fee of: ($1,250,000 x 0.00026412) = $330
A credit union with $2,400,000,000 in assets has an operating fee of: ($1,425,977,345 x 0.00026412) + (($2,400,000,000 - $1,425,977,345) x 0.00007698) = $451,609
A credit union with $5,000,000,000 in total assets has an operating fee of: ($1,425,977,345 x 0.00026412) + (($4,314,986,023 - $1,425,977,345) x 0.00007698) + (($5,000,000,000 - $4,314,986,023) x 0.00002571) = $616,637
FOR CORPORATE CREDIT UNIONS
| If total assets are over | But not over: | The operating fee assessment is: |
|---|---|---|
| $50,000,000 | $100,000,000 | $11,005 plus 0.0001987 of the total assets over $50,000,000 |
| $100,000,000 | no limit | $20,940 plus 0.0000123 of the total assets over $100,000,000 |
Operating Fee Calculator at http://opfee.ncua.gov/