WASHINGTON—A new operating fee calculator to help credit unions prepare for paying this amount to NCUA has been added to America’s Credit Unions’ website.
The calculator is available in the “Analysis and Calculators” portion of the website, ACU said.
The federal credit union operating fee is based on the average of a credit union’s total assets reported on the four most recent Call Reports, and is paid to the NCUA. America’s Credit Unions’ calculator tool allows credit unions to calculate the amount due to the NCUA by inputting those numbers.
The Data and Tools homepage also contains:
- Links to Monthly Credit Union Estimates, the monthly Economic Update video, and a dashboard to measure credit union impact
- Data and statistics on the credit union tax status, short- and longer-term trends, member benefits, and more
- Tools to calculate a credit unions’ economic impact, use for capital planning, and estimating the impact and burdens of various regulations