CHAPTER 3 – FEES

 

Section 1.  Authority; Scope.

 

This Chapter is promulgated in part pursuant to W.S. 13-3-702 (bank supervisory fee), W.S. 13-7-603 (savings and loan association supervisory fee), and W.S. 13-1-502(f) (remote electronic terminal maximum transaction fee).

 

Section 2.  Bank and Savings and Loan Association Supervisory Fees.

 

(a) The Commissioner shall collect from every bank for supervision of such bank and every savings and loan association for supervision of such association an amount determined by the total resources of such bank and savings and loan association, as of reports of condition at the end of June and December of each year.  The fees for all banks and savings and loan associations shall be based upon the total resources as follows:

 

$ -0- to $1,500,000                           0.0013328 of total assets

$1,500,001 to $15,000,000             $1,999.20 plus 0.0001666 of the excess over $1,500,000

$15,000,001 to $25,000,000           $4,248.33 plus 0.000159936 of the excess over $15,000,000

$25,000,001 to $50,000,000           $5,847.69 plus 0.00013328 of the excess over $25,000,000

$50,000,001 to $75,000,000           $9,179.69 plus 0.000119952 of the excess over $50,000,000

$75,000,001 to $150,000,000         $12,178.49 plus 0.00009996 of the excess over $75,000,000

$150,000,001 and over                    $19,675.49 plus 0.0000733040 of the excess over $150,000,000

 

(b) Not later than the last day of January and July in each year, every bank and savings and loan association shall

 

(i) compute the semi-annual supervisory fee based upon the report of condition next preceding, on forms established by the Commissioner, and

 

(ii) submit to the Commissioner such report of condition together with payment of the semi-annual fee as so computed.

 

Section 3.  Maximum Transaction Fee for Remote Electronic Terminals.

 

            A person operating a remote electronic terminal in this state may charge a maximum fee of one dollar and fifty cents ($1.50) two dollars ($2.00) per transaction for the use of a remote electronic terminal.