Rhode Island General Laws — Title 44 (Taxation)
R.I. Gen. Laws § 44-15-1.2 — Credit unions â Tax imposed
An annual tax is imposed on every credit union with total deposits in excess of one
hundred fifty million dollars ($150,000,000) at a rate of six and ninety-five one
hundredths cents ($.0695) on each one hundred dollars ($100) of the daily average
of the deposits with the credit union during the calendar year; for those credit unions
with total deposits of one hundred fifty million dollars ($150,000,000) or less the
rate shall be six and one-quarter cents ($.0625) on each one hundred dollars ($100)
of the daily average of deposits with the credit union during the calendar year.
Source: official text