Overhead Transfer Rate Resources

Overhead Transfer Rate (OTR) Resources

The “overhead transfer rate” is the percentage of annual expenses that the NCUA Board uses to determine the amount it will take from the National Credit Union Share Insurance Fund (NCUSIF) to cover the NCUA’s annual “insurance-related” expenses. The following resources from NASCUS illustrate our continuing efforts on the issue.

Dec. 9, 2021 – President and CEO Lucy Ito Testifies on OTR During the 2022 NCUA Budget Briefing

OTR history, 1986 – Present



The following are among those that have been submitted in response to NCUA’s January, 2016 request for comments on the OTR methodology; comments were due April 26:

NCUA page showing OTR letters posted, to date



NASCUS President and CEO Lucy Ito urges the state credit union system to weigh in on the OTR methodology by April 26.


The ‘overhead transfer rate’ (OTR) in brief from nascus on Vimeo.

Updated for 2016, the “overhead transfer rate” (OTR) by NCUA is explained in this very brief video in simple terms. The video details the mechanics of the OTR, and its impact on state-chartered credit unions







NASCUS graphic: The accumulating cost of a rising OTR (hi-res image)

Price Waterhouse Coopers OTR review (unredacted), January, 2011

Comments by NCUA Board Chairman Debbie Matz, Nov. 19, 2015, re: Overhead Transfer Rate (OTR)

Comments by NCUA Board Member J. Mark McWatters, Nov. 19, 2015, re: Overhead Transfer Rate (OTR)

2015 NCUA Aug. 18 legal opinion on APA applicability to OTR

2015 NASCUS response to NCUA General Counsel Mike McKenna

2015 NCUA General Counsel Mike McKenna letter to NASCUS

2015 Legal analysis: Comprehensive legal study of the OTR; subject to notice and comment requirements

2015 Letter to Capitol Hill: Support for NCUA budget transparency measure

2003 Whitepaper: Restructuring NCUA

2001 Legal study: Authority of NCUA to Allocate Costs to The NCUSIF

Talking points on H.R. 2287