NCUA to vote on operating budget, bonds proposal Nov. 15

The National Credit Union Administration (NCUA) board will vote on the agency’s 2019-2020 budget at its Nov. 15 meeting, according to the agenda released Thursday. CUNA presented last month at NCUA’s budget briefing, and submitted written comments on the proposed budget as well.

The NCUA’s proposed 2019 operating budget is $304.4 million, a $1.7 million (0.6%) increase from the 2018 board-approved budget.

Other items on the agenda include:

  • A proposed rule on fidelity bonds; and
  • A quarterly update on the National Credit Union Share Insurance Fund.
in Compliance & Regulatory News