One of the most important and expensive fixed assets your credit union will own is your facility. Planning an expansion, constructing a new building or providing more branches are major resource allocation decisions for your credit union. Below are tools to assist you in the decision making process.

The NCUA regulates how much a federal credit union can invest in non-earning fixed assets, as found in NCUA Rules & Regulations, section 701.36.
The New York State Banking regulation on fixed assets is found in Article 11, Section 454, Part 21 of the New York State Baking Law. For general information on New York State banking regulations, visit The Department of Financial Services.

Fixed asset calculator
The calculator allows you to calculate your maximum allowable fixed assets. Please be sure to refer to the entire NCUA Regulation Section 701.36 for any exceptions to the regulation. Download spreadsheet Fixed Asset Calculator (27 KB) .

IMPORTANT NOTE: The Fixed Asset Calculator is an Excel file. You must have a recent version of Microsoft Excel installed on your pc in order to open this file.

Fixed asset expenses budget/forecast
The Association's Member Relations team can assist in developing a one-year operational budget including new fixed assets and related expenses. Contact us for consultative assistance.

Universal Sharing Network – Expand your facilities without investing in expensive brick and mortar. UsNet works with credit unions to help you achieve your shared branching goals by offering choices and options for each credit union.

Strategic Partners 
By partnering with a select group of industry providers, we tap into the cooperative spirit—and benefits—that make our movement so strong. Each of the following strategic partners combines quality offerings with a deep knowledge of the credit union industry, enabling you to serve your members and achieve your mission.

Preferred Providers 
Click to see our participating vendors with working knowledge, technical expertise and operational understanding of credit unions to assist you in your endeavor.