NCUA Operating Fee Schedule for 2024

Your 2024 federal credit union operating fee is based on the average of your credit union’s total assets, net of Paycheck Protection Program (PPP) loans, reported on the four most-recent Call Reports (Call Reports for December 31, 2022; March 31, 2023; June 30, 2023; and September 30, 2023).

FOR NATURAL PERSON FEDERAL CREDIT UNIONS

If the four-quarter average of reported total assets, net of reported PPP loans, is more than $2,000,000, the operating fee assessment is:

0.00019094 on the first $2,354,802,962 of assets, plus

0.00005565 on the next $4,770,795,423 of assets, plus

0.00001859 on assets over $7,125,598,385

Examples:

A credit union with a four-quarter asset average of $2,000,000 or less has an operating fee of $0.

A credit union with a four-quarter asset average of $2,250,000 has an operating fee of: ($2,250,000 x 0.00019094) = $430

A credit union with a four-quarter asset average of $2,500,000,000 has an operating fee of: ($2,354,802,962 x 0.00019094) + (($2,500,000,000 - $2,354,802,962) x 0.00005565) = $457,706

A credit union with a four-quarter asset average of $8,000,000,000 has an operating fee of: ($2,354,802,962 x 0.00019094) + (($7,125,598,385 - $2,354,802,962) x 0.00005565) + (($8,000,000,000 - $7,125,598,385) x 0.00001859) = $731,376

FOR CORPORATE FEDERAL CREDIT UNIONS

If four-quarter average assets are over $50,000,000 but not over $100,000,000 the operating fee assessment is:

$10,639 plus 0.0001987 of the four-quarter average assets over $50,000,000

If four-quarter average assets are over $100,000,000 but not over no limit the operating fee assessment is:

$20,574 plus 0.0000123 of the four-quarter average assets over $100,000,000

Operating Fee Calculator link: https://opfee.ncua.gov/