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Share Insurance Assessments

This webpage provides information on the NCUA’s operating fee assessment, capitalization deposit adjustment, and assessment invoicing. The Invoice Mailing and Payment Dates calendar can help credit unions plan for each invoicing cycle.

Operating Fee Assessment

The operating fee is based on the credit union’s four-quarter average of total assets reported, for example September 30, 2024, June 30, 2024, March 31, 2024, and December 31, 2023. See Letter to Credit Unions 25-FCU-01, for additional information.

Capitalization Deposit Adjustment

The capitalization deposit adjustment is the amount needed to adjust the credit union’s National Credit Union Share Insurance Fund capitalization deposit to the required one percent of insured shares. The most recent adjustment is based on the total insured shares reported as of the last quarter in the NCUA 5300 call report (5310 for corporate credit unions). If the credit union was undercapitalized, the credit union’s statement will reflect an amount payable to the NCUA. If the credit union was overcapitalized, a negative number will be reflected in the statement (see Share Insurance Fund Capitalization Adjustment Due). Overcapitalized credit unions will receive a capitalization deposit adjustment refund.

Invoice Mailing and Payment Dates

Beginning in March 2025, the NCUA began delivering electronic assessment invoices to credit unions. This service is in addition to the delivery of a paper copy by mail. This initiative aims to enhance expediency while maintaining the reliability of the NCUA’s invoicing process.

Emails containing the statements are sent from NCUAShareInsuranceFund@ncua.gov to the email address associated with the credit union’s CEO as listed in CUOnline.

For any questions or assistance regarding this new process, please contact the NCUA’s Office of the Chief Financial Officer at ncusif@ncua.gov.

Invoice Mailing and Payment Dates
Period Planned Paper Invoice (mail)* Planned Digital Invoice Date (email)* Invoice Payment Date Refund to Credit Union Date*
Cycle 1 2025 March 17, 2025 March 19, 2025 April 18, 2025 April 11, 2025
Cycle 2 2025 September 17, 2025 September 19, 2025 October 17, 2025 October 10, 2025

* The assessment invoice may contain either a refund or payment due. Please review the credit union’s current assessment invoice for payment or refund status.

Assessment Invoicing

  • Election for Automated Payment Processing
    Payment will be automatically collected if your credit union is enrolled in the Pay.gov electronic payment program.
  • Electronic One-Time Payments
    Credit unions that are not enrolled in the Pay.gov direct debit program must submit their payment electronically via a one-time payment through the Pay.gov website. The payment date and amount are listed at the bottom of the invoice. For reference, you may also consult the invoice calendar to confirm the payment due date.
  • Refunds
    If a credit union is due a capitalization deposit adjustment refund, it will receive the refund by the date published in the invoice calendar.

For any questions or assistance regarding share insurance assessments, please contact the NCUA’s Office of the Chief Financial Officer at ncusif@ncua.gov.