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Comments due: NCUA (request for comment on methodologies for overhead transfer rate and operating fee schedule)

October 30

The National Credit Union Administration (NCUA) Board requests comments on the methodology used to determine the overhead transfer rate (OTR) used to determine the portion of the agency budget that will be funded from the National Credit Union Share Insurance Fund (NCUSIF). The agency board welcomes all comments but specifically invites comments on the four principles used in the methodology to calculate the OTR (discussed further in the Federal Register notice). Comments are also sought on proposed changes to the methodology used to determine how the agency apportions operating fees charged to federal credit unions (FCUs), also to fund the agency budget. The board proposes to clarify the treatment of capital project budgets when calculating the operating fees; clarify the treatment of miscellaneous revenues when calculating the operating fees; and modify the approach for calculating the annual inflationary adjustments to the thresholds for the operating fee rate tiers. The board also solicits comment on several questions to gather information on potential future enhancements to the methodology.

Reg lookup: Request for Comment Regarding National Credit Union Administration Overhead Transfer Rate Methodology and Operating Fee Schedule Methodology

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October 30
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