Formation Federal Credit Union

Headquarters: Baton Rouge, Louisiana
Charter: Credit Union
Assets: $93.0M
Fed district: Atlanta
Regulator: NCUA

17 published fees; none has a market median to compare yet.

Source: its fee schedule, read Apr 21, 2026.

Overview

Total assets
Q2 2026, quarter end
NCUA 5300 call report · Jun 30, 2026
Revenue
Q2 2026, one quarter
NCUA 5300 call report · Jun 30, 2026
Fee income
Q2 2026, one quarter
NCUA 5300 call report · Jun 30, 2026
Fee-income share of revenue
Not available
Peer figures could not be read
Not on file
Fees above the U.S. median
None compared
No fee has a median to compare
Fee schedule read Apr 21, 2026

How these figures are measured

Call-report figures are for Formation Federal Credit Union, from NCUA 5300 call reports. Revenue is interest income plus noninterest income.

Metric	Measure and calculation	Source and fields	Period	Retrieved
Total assets	Total assets at quarter end Point in time, at quarter end	NCUA 5300 call report Account 010	Q2 2026 Quarter ended Jun 30, 2026	Oct 20, 2026
Revenue	Revenue (interest + noninterest income) Standalone quarter: year to date less the prior quarter (Q1 as filed)	NCUA 5300 call report Account 115 + Account 117	Q2 2026 Quarter ended Jun 30, 2026	Oct 20, 2026
Fee income	Fee income (NCUA 5300 Account 131) Standalone quarter: year to date less the prior quarter (Q1 as filed)	NCUA 5300 call report Account 131	Q2 2026 Quarter ended Jun 30, 2026	Oct 20, 2026
Fee-income share of revenue	Fee income (NCUA 5300 Account 131) divided by revenue (interest + noninterest income) Shown when at least 10 credit unions of its size report a share above 0%.	Not on file	Not on file	Not recorded
Fees above the U.S. median	Published fees above the U.S. median for the same fee Within 1% of the median counts as about the same. Business-only fees are left out.	Formation Federal Credit Union's published fee schedule; Bank Fee Index medians	Current schedule	Apr 21, 2026

Fee income by quarter

Q1 2024 to Q2 2026, standalone quarters

Details

Source: NCUA 5300 call report
Entity: Formation Federal Credit Union (credit union)
Period: Q1 2024 to Q2 2026, 10 quarters
Measure: Fee income (NCUA 5300 Account 131)
Calculation: Standalone quarter: year to date less the prior quarter (Q1 as filed)
Fields: Account 131
Retrieved: Oct 20, 2026

What stands out

Fee income was $82K in Q2 2026, 35% below the same quarter a year earlier ($127K).
Not established: Two quarters a year apart are two observations, not an established trend in fee income.

Fees against the market

Comparison with U.S. medians for fees published by banks and credit unions.

Wire Transfer (Domestic Out)
Formation Federal Credit Union: $25
Formation Federal Credit Union: $25
U.S. median: no median
Stop Payment
Formation Federal Credit Union: $30
Formation Federal Credit Union: $30
U.S. median: no median
Wire Transfer (Domestic In)
Formation Federal Credit Union: $10
Formation Federal Credit Union: $10
U.S. median: no median

A blank median means fewer than 5 publish the fee.

Published schedulesBanks and credit unionsRead Apr 21, 2026View sources

Each amount links to the fee schedule it was read from. Medians for Louisiana, the Atlanta district and the U.S.: Bank Fee Index published fees, shown where at least 5 institutions publish the fee.

Compared at: The value this page compares: its one price, or the middle of its prices when it lists several (the highest, its standard fee, for overdraft).
Same rules: Its fees and every median use the same rules. Business-only fees are left out. So are CD, IRA, card inactivity, box drilling and key fees filed under a fee they don’t match, and fees charged by a different period than the median (a quarterly fee beside monthly ones).
Louisiana: Banks and credit unions headquartered in Louisiana that publish the fee.
Atlanta district: Banks and credit unions headquartered in the Atlanta Fed district that publish the fee.
U.S.: Banks and credit unions across the Bank Fee Index that publish the fee.
About the same: Within 1% of the median.
Account: Fees not tied to a named account apply across its personal accounts.

Fee income beside fee prices

Fee income fell 26% from Q3 2025 to Q2 2026, to $82K.

Fee income, Q2 2026

$82K

$111KQ3 2025

$115KQ4 2025

$96KQ1 2026

$82KQ2 2026

Against the median

Formation Federal Credit UnionMedian

Sources and open questions

NCUA 5300 call reports, credit union level, standalone quarters. Four quarters are too few to call a trend.

Which fees make up most of fee income, and has that mix changed?

Among its peers

Formation Federal Credit Union · $93M in assets

The 25 credit unions closest in assets

Credit unions of similar size, for comparing published prices. Not local competitors: they're spread over 19 states.

Credit unions only
$92M to $94M in assets
Headquartered in 19 states

See the 25 institutions

The institutions in this peer set, with the fees each publishes
Institution	City, state	Assets	Maintenance	ATM	Domestic wire	Intl. wire	Overdraft
Formation Federal Credit Union(this institution)	Baton Rouge, LA	$93M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Overdraft not published
Baycel Federal Credit Union	Bay City, TX	$92M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Publishes Overdraft
Chicago Firefighter'S Federal Credit Union	Chicago, IL	$93M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Overdraft not published
Christian Family Federal Credit Union	North Canton, OH	$93M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Coastal Community Federal Credit Union	Galveston, TX	$93M	Monthly maintenance not published	Publishes Out-of-network ATM	Domestic wire not published	Publishes International wire	Publishes Overdraft
Dakota Plains Federal Credit Union	Edgeley, ND	$93M	Monthly maintenance not published	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
Daniels-Sheridan Federal Credit Union	Scobey, MT	$92M	Monthly maintenance not published	Publishes Out-of-network ATM	Domestic wire not published	Publishes International wire	Overdraft not published
Family Advantage Federal Credit Union	Spring Hill, TN	$93M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Ferguson Federal Credit Union	Monticello, MS	$94M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	International wire not published	Publishes Overdraft
Freedom United Federal Credit Union	Rochester, PA	$94M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Overdraft not published
Independent Federal Credit Union	Anderson, IN	$94M	Monthly maintenance not published	Publishes Out-of-network ATM	Domestic wire not published	International wire not published	Publishes Overdraft
Irco Community Federal Credit Union	Phillipsburg, NJ	$94M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Publishes Overdraft
Mckesson & Healthcare Providers Federal Credit Union	Martinez, CA	$93M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Members Choice Wv Federal Credit Union	Charleston, WV	$94M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Members Source Federal Credit Union	Merrillville, IN	$92M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	International wire not published	Overdraft not published
Northwoods Community Federal Credit Union	Park Falls, WI	$93M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Publishes Overdraft
Progressions Federal Credit Union	Spokane, WA	$93M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Overdraft not published
Sheboygan Area Federal Credit Union	Sheboygan, WI	$93M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Publishes Overdraft
Sunset Science Park Federal Credit Union	Portland, OR	$92M	Monthly maintenance not published	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
Torrington Municipal And Teachers Federal Credit Union	Torrington, CT	$94M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	International wire not published	Publishes Overdraft
Transit Employees Federal Credit Union	Greenbelt, MD	$93M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	International wire not published	Publishes Overdraft
Traverse Catholic Federal Credit Union	Traverse City, MI	$92M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Overdraft not published
Upward Federal Credit Union	Burlingame, CA	$93M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Vision One Federal Credit Union	Sacramento, CA	$92M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	International wire not published	Overdraft not published
Welcome Federal Credit Union	Morrisville, NC	$92M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Overdraft not published
Wellspring Federal Credit Union	Bridge City, TX	$92M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Overdraft not published

✓ publishes the fee. – not published.

25 peers selected · 10 publish this fee(monthly maintenance)

15 don't publish it: shown as not published, never as zero.

Fee type

Peer pricing snapshot

Formation Federal Credit Union does not publish a monthly maintenance fee in the index.

The peer median is $8.13 among 10 publishing peers.

This describes published pricing only. Account mix, waivers and actual fee revenue are not represented.

Source: Bank Fee Index, published fee schedules, as of Oct 27, 2026.

Monthly maintenance fee in dollars, one mark per institution

Formation Federal Credit Union does not publish a monthly maintenance fee, so it is not on this chart.

Formation Federal Credit…Peer (equal prices stack)Peer median

Hamilton is the Fee Insight workspace for pricing teams.

Source: Bank Fee Index, published fee schedules, as of Oct 27, 2026. Total assets from FDIC and NCUA records.

How peers are chosen and counted

Every set except Home metro keeps the institution's own charter: banks against banks, credit unions against credit unions.
The set shown first is the first in the list with a peer median for each overdraft and monthly maintenance fee this institution publishes. If none has them all, it is the set with the most.
Closest in assets takes the institutions nearest its total assets among those that publish fees.
Home metro is the metro where it has the most branches. It counts the banks with a branch there (FDIC Summary of Deposits) and the credit unions with a branch in one of the metro's cities (NCUA). Banks only leaves the credit unions out.
State and Fed district count institutions headquartered there. Size uses its asset-size band.
Regulator uses the bank's primary federal regulator; for a credit union, its federal or state charter.
A set lists the institutions that publish at least one fee. This institution is not counted in its own set.
Each institution counts once per fee: the middle of its prices, or for overdraft its highest.
A peer median needs at least 8 peers that publish the fee. With fewer, the fee reads "too few to compare".
A fee an institution does not publish is shown as not published, never as zero.
About the same: within 1% of the median, in this section and everywhere on this page. Above or below means further than that.
A set with more than 50 peers shows the 50 closest in assets. Its medians and counts still use every peer in the set.

Financial performance

Call reports for Formation Federal Credit Union (credit union). Income lines are standalone quarters.

Measure

Fee income

Q3 2024 to Q2 2026, standalone quarters · 66 quarters on file

Latest, Q2 2026: $82K
vs prior quarter: −$14K−14.6%; from Q1 2026
vs a year earlier: −$45K−35.4%; from Q2 2025
vs start of range: −$42K−33.9%; from Q3 2024

Details

Source: NCUA 5300 call report
Entity: Formation Federal Credit Union (credit union)
Period: Q3 2024 to Q2 2026, 8 quarters
Measure: Fee income (NCUA 5300 Account 131)
Calculation: Standalone quarter: year to date less the prior quarter (Q1 as filed)
Fields: Account 131
Retrieved: Oct 20, 2026

Table

Quarter	Amount	Change	%
Q2 2026	$82K	−$14K	−14.6%
Q1 2026	$96K	−$19K	−16.5%
Q4 2025	$115K	+$4K	+3.6%
Q3 2025	$111K	−$16K	−12.6%
Q2 2025	$127K	−$3K	−2.3%
Q1 2025	$130K	−$3K	−2.3%
Q4 2024	$133K	+$9K	+7.3%
Q3 2024	$124K	+$3K	+2.5%

Fee-income share against its size cohort

Insufficient sample: fewer than 10 peers of its size reported a share.

Published fee schedule

Amounts from Formation Federal Credit Union’s own schedules, with a source for each figure.

Account Maintenance

Dormant/Inactive Account, per month$5
per month
Escheatment Notice$50
Account Research, per hour$10
Not compared: Charged per hour; comparison unavailable
per hour
Excessive Withdrawals (S1, S5, S6)$4
Returned Statement Fee$25
Not compared: Per-item charge, not monthly
per item

Overdraft & NSF

Overdraft Protection from Savings, per transfer$10
per item
Overdraft Protection from Visa, per transferNo charge

ATM & Card

Card Replacement, per card$10
per item

Wire Transfers

Wire Transfer - Outgoing, per wire$25
per item
Wire Transfer - Incoming, per wire$10
per item

Check Services

Cashier’s Check, per check$5
per item
Merchant Cashier Check, per item$20
per item
Money Orders$2
per item
Stop Payment, Cashier’s Check$30
Copy of Check, per check$3
per item

Digital & Electronic

ACH OriginationNo charge

Account Services

3x10, per box$30
3x5, per box$15
4x10, per box$45
5x10, per box$60
Drilling/Lost Key$100
Not compared: Box drilling or key fee
Safe Deposit Box$100
Savings Accounts$100
Tax Levy$25
per item

Lending Fees

Late payment - credit card$25
per item

Gift & Prepaid Cards

Gift Card, per card$2
per item

Other Fees

Copy of Statement$2
per item
Loan Application, each$15
per item
Loan Application/STA, each$20
per item
Loan Payment by Phone (with debit card/Check)$10
per item

Fee	Amount	Basis	Note
Account Maintenance
Dormant/Inactive Account, per month	$5	per month	None
Escheatment Notice	$50	Not stated	None
Account Research, per hour	$10Not compared: Charged per hour; comparison unavailable	per hour	None
Excessive Withdrawals (S1, S5, S6)	$4	Not stated	None
Returned Statement Fee	$25Not compared: Per-item charge, not monthly	per item	None
Overdraft & NSF
Overdraft Protection from Savings, per transfer	$10	per item	None
Overdraft Protection from Visa, per transfer	No charge	Not stated	None
ATM & Card
Card Replacement, per card	$10	per item	None
Wire Transfers
Wire Transfer - Outgoing, per wire	$25	per item	None
Wire Transfer - Incoming, per wire	$10	per item	None
Check Services
Cashier’s Check, per check	$5	per item	None
Merchant Cashier Check, per item	$20	per item	None
Money Orders	$2	per item	None
Stop Payment, Cashier’s Check	$30	Not stated	None
Copy of Check, per check	$3	per item	None
Digital & Electronic
ACH Origination	No charge	Not stated	None
Account Services
3x10, per box	$30	Not stated	None
3x5, per box	$15	Not stated	None
4x10, per box	$45	Not stated	None
5x10, per box	$60	Not stated	None
Drilling/Lost Key	$100Not compared: Box drilling or key fee	Not stated	None
Safe Deposit Box	$100	Not stated	None
Savings Accounts	$100	Not stated	None
Tax Levy	$25	per item	None
Lending Fees
Late payment - credit card	$25	per item	None
Gift & Prepaid Cards
Gift Card, per card	$2	per item	None
Other Fees
Copy of Statement	$2	per item	None
Loan Application, each	$15	per item	None
Loan Application/STA, each	$20	per item	None
Loan Payment by Phone (with debit card/Check)	$10	per item	None

Correct a fee source

Apr 21, 2026 data snapshot. Each amount links to its fee schedule. The U.S. comparison is the middle 50% of Bank Fee Index published fees, shown where at least 5 institutions publish the fee.

Fee change alerts

Get an email when Formation Federal Credit Union's safe deposit box changes in our data

We check once a day and send one email covering every change.