Fee for initial investigation; annual fees; costs for additional investigations. The Commissioner shall charge and collect a fee of $500 for an initial investigation from each foreign credit union which applies for certification. The fee is not refundable. An annual fee of $500 must be paid by each foreign credit union for its initial office and $100 for each branch office. Costs for additional examinations and investigations must be paid by the credit union at an hourly rate deemed reasonable by the Commissioner.
Last modified: February 26, 2006