Op fee schedule methodology on credit union agency board agenda

A request for comment on the methodology for the agency’s operating fee schedule is slated for consideration during the National Credit Union Administration (NCUA) Board’s open meeting next Thursday, according to the meeting agenda.

The agenda also lists a board briefing on “new charter modernization” and a proposed interpretative ruling and policy statement on the Minority Depository Institution Preservation Program.

Operating fees are paid to the agency by federally chartered credit unions to fund a portion of the agency’s operating budget; the other portion is paid through the overhead transfer rate (OTR), which is the portion of the agency’s operations funded by the National Credit Union Share Insurance Fund (NCUSIF).

The June 22 open meeting is set to begin at 10 a.m. Eastern. It will be viewable in person and via webcast on the agency’s YouTube channel.

June 22 NCUA Board open meeting agenda

View the meeting livestream