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California Code, Financial Code - FIN § 14351

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(a) The amount of the annual assessment on any credit union holding a certificate authorizing it to act as a credit union shall be the greater of (1) two thousand dollars ($2,000) or (2) the sum of the products determined by multiplying (A) increments of the credit union's total assets by (B) percentages of the base assessment rate, according to the following table:

Total Assets

Percentage of Base

* * *

Assessment Rate

* * * $0-$3,000,000


* * *





* * * $10,000,000-$100,000,000












Excess over * * * $10,000,000,000


(b) The base assessment rate for each annual assessment shall be fixed by the commissioner but shall not exceed two dollars and twenty cents ($2.20) per one thousand dollars ($1,000) of total assets.

Cite this article: - California Code, Financial Code - FIN § 14351 - last updated January 01, 2023 |

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