FCU Operating Fees Decrease by 19.6% in 2021

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On Dec.18, 2020, the National Credit Union Administration (NCUA) board approved changes to its regulations and associated methodologies for computing the annual operating fee charged to federal credit unions, as well as the resultant Operating Fee Schedule for 2021. The operating fees charged to federal credit unions will decrease by an average of 19.6 percent in 2021.

The 2021 Operating Fee Schedule will help you calculate the exact amount of your credit union’s 2021 operating fee. You can also utilize the NCUA’s online calculator. If your credit union owes an operating fee, it will be due no later than Thursday, April 15, 2021.

Click here to read the supporting letter. 

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