Idaho Code 26-2136 – Fees
Current as of: 2023 | Check for updates
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(1) On or before February 15 of each calendar year, the director shall fix and collect from each credit union an assessment fee based upon the total assets of the credit union as of December 31 of the previous calendar year, which fees shall not exceed the amounts set forth in the following schedule:
TOTAL ASSETS
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FEE
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$50,000 or less
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$50.00 + $1.00 per thousand dollars
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of assets
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Over $50,000 and not over
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$100,000
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$100.00 + $.99 per thousand dollars
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of assets in excess of $50,000
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Over $100,000 and not over
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$250,000
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$149.00 + $.94 per thousand dollars
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of assets in excess of $100,000
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Over $250,000 and not over
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$1 million
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$291.00 + $.89 per thousand dollars
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of assets in excess of $250,000
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Over $1 million and not over
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$2 million
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$958.00 + $.80 per thousand dollars
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of assets in excess of $1 million
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Over $2 million and not over
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$5 million
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$1,758.00 + $.61 per thousand dollars
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of assets in excess of $2 million
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Over $5 million and not over
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$8 million
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$3,588.00 + $.48 per thousand dollars
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of assets in excess of $5 million
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Over $8 million
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$5,028.00 + $.35 per thousand dollars
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of assets in excess of $8 million
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(2) All fees, fines, examination and miscellaneous charges collected by the director pursuant to the Idaho credit union act shall be deposited into the finance administrative account pursuant to section 67-2702, Idaho Code.
Terms Used In Idaho Code 26-2136
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Credit union: means a cooperative nonprofit corporation chartered under the provisions of this chapter. See Idaho Code 26-2104
- Director: means the director of the department of finance of the state of Idaho. See Idaho Code 26-2104