Your 2025 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 (December 31, 2023; March 31, 2024; June 30, 2024; and September 30, 2024).
FOR NATURAL PERSON FEDERAL CREDIT UNIONS
If the four-quarter average of reported total assets, net of reported PPP loans, is more than $2,078,868, the operating fee assessment is:
0.00018871 on the first $2,447,661,764 of assets, plus
0.00005500 on the next $4,958,925,962 of assets, plus
0.00001837 on assets over $7,406,587,726
Examples:
A credit union with a four-quarter asset average of $2,078,868 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 0.00018871) = $425
A credit union with a four-quarter asset average of $2,500,000,000 has an operating fee of: ($2,447,661,764 x 0.00018871) + (($2,500,000,000 - $2,447,661,794) x 0.00005500) = $464,777
A credit union with a four-quarter asset average of $8,000,000,000 has an operating fee of: ($2,447,661,764 x 0.00018871) + (($7,406,587,726 - $2,447,661,764) x 0.00005500) + (($8,000,000,000 - $7,406,587,726) x 0.00001837) = $745,540
FOR CORPORATE FEDERAL CREDIT UNIONS
If four-quarter average assets are over but not over the operating fee assessment is:
$50,000,000 $100,000,000 $10,628 plus 0.0001987 of the four-quarter average assets over $50,000,000
$100,000,000 no limit $20,563 plus 0.0000123 of the four-quarter average assets over $100,000,000
Operating Fee Calculator link: https://opfee.ncua.gov/