Industry Funding Levy Information for Credit Unions 

Category F - Credit Unions

How to calculate your levy

In 2014, the levy of each credit union will continue to be capped at 0.01% of total assets as reported in the credit union's annual return for the year previous to the current levying year.

The balance of the cost incurred by the Central Bank of Ireland in regulating the credit union sector is provided by the Central Bank of Ireland in accordance with Section 32(G) of the Central Bank Act, 1942.

For an example of how the current funding years levy for credit unions in the F category was calculated please see the  F sample calculation

Read more on the annual levying process.