Your operating fee is based upon the total assets of your credit union as of December 31, 2018.
FOR NATURAL PERSON FEDERAL CREDIT UNIONS
If total assets are more than $1,000,000, the operating fee assessment is:
- 0.00026940 on the first $1,514,387,940 of assets, plus
- 0.00007852 on the next $3,068,127,216 of assets, plus
- 0.00002622 on assets over $4,582,515,156
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 0.0002694) = $337
A credit union with $2,400,000,000 in assets has an operating fee of: ($1,514,387,940 x 0.0002694) + (($2,400,000,000 - $1,514,387,940) x 0.00007852) = $477,514
A credit union with $5,000,000,000 in total assets has an operating fee of: ($1,514,387,940 x 0.0002694) + (($4,582,515,156 - $1,514,387,940) x 0.00007852) + (($5,000,000,000 - $4,582,515,156) x 0.00002622) = $659,832
FOR CORPORATE CREDIT UNIONS
| If total assets are over | But not over | The operating fee assessment is: |
|---|---|---|
| $50,000,000 | $100,000,000 | $11,031 plus 0.0001987 of the total assets over $50,000,000 |
| $100,000,000 | no limit | $20,966 plus 0.0000123 of the total assets over $100,000,000 |
Operating Fee Calculator at http://opfee.ncua.gov/