ARM 2.59.401
ARM 2.59.401. CREDIT UNIONS - SUPERVISORY FEE
Cite as Mont. Admin. R. 2.59.401
(1) The division invoices credit unions for semiannual assessments. The assessment is based on each credit union's total assets provided in its previous March and September financial performance reports.
(2) The fee is calculated based on the total assets of the credit union multiplied by .0000375, plus the flat fee listed in the table below.
Total Assets
Flat Fee ($)
$0 to $50 million
$0
Over $50 to $100 million
$3,000
Over $100 to $250 million
$5,000
Over $250 million to
$1 billion
$7,500
Over $1 billion
$15,000
Example: Credit Union A reports total assets of $36,169,980 x .0000375 plus $0 equals $1,356.37.