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Operating Fees

NCUA · final-rule · Published 2009-06-24 · Effective 2010-01-01 · 74 FR 29934

Document

Document number
E9-14756
Federal Register citation
74 FR 29934
CFR reference
12 CFR 701
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
2009-06-24
Effective date
2010-01-01

Abstract

NCUA is amending its rule on the assessment of the Federal credit union (FCU) operating fee by permitting FCUs to subtract investments made under the Credit Union System Investment Program (CU SIP) and the Credit Union Homeowners Affordability Relief Program (CU HARP) from their total assets; total assets is the basis on which the operating fee is currently calculated. The Board believes this amendment will remove a disincentive for some FCUs from participating in the CU SIP or the CU HARP.

Source

Authoritative
Federal Register document
Machine
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