Funding Category F - Credit Unions
How to calculate your levy
The levy of each credit union is currently 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.