Right Column
Calculate Your Assessment - Credit Unions
Credit Unions
The 2008-09 assessment rate was set at $0.59 per thousand dollars of total assets. Invoices were mailed to each licensee on June 30, 2008 and become delinquent if not paid by July 21, 2008. The statutory maximum rate is $2.20 per thousand dollars of total assets.
How to Calculate Your Assessment - Credit Unions: PDF | Word
Column A |
Column B |
Column C |
Column D |
Column E |
Column F |
| Tier | If assets are greater than: | But less than: | Pay the maximum amount from the previous tier: | Plus this percent of the base rate for those assets greater than the amount in Column B | Which is obtained by multiplying those assets greater than the amount in Column B by this amount |
| 1 | 0 | 3,000,000 | 0 | 85.0% | 0.00050150 |
| 2 | 3,000,000 | 6,000,000 | 1,505 | 30.0% | 0.00017700 |
| 3 | 6,000,000 | 10,000,000 | 2,036 | 12.50% | 0.00007375 |
| 4 | 10,000,000 | + | 2,331 | 11.00% | 0.00006490 |