Agency Accepting Comments and Budget Briefing Presentation Requests
ALEXANDRIA, Va. (Oct. 30, 2024) – The National Credit Union Administration’s staff draft budget for 2025–2026 is now available on the agency’s website for review and comment. The NCUA has also submitted the proposed budget for publication in the Federal Register, and the comment period remains open until November 27.
The proposed combined 2025 budget is $433.0 million, a 12.2 percent increase from the 2024 budget. The 2025 combined staff draft budget is $0.3 million lower than the 2025 funding level previously approved by the NCUA Board as part of the two-year 2024–2025 budget.
The NCUA’s 2025–2026 staff draft budget justification includes three separate budgets. The proposed operating budget is $419.3 million, which is 12.0 percent higher than in 2024. The proposed 2025 capital budget is $8.2 million, or 32.6 percent higher than in 2024. The proposed Share Insurance Fund administrative budget is $5.5 million, or 7.0 percent higher than in 2024. The proposed budget summary and detailed budget justifications can be found on the Budget and Supplementary Materials page on NCUA’s website.
The agency will hold a public budget briefing at its Central Office on Friday, November 22, beginning at 10 a.m. Eastern. The meeting will be livestreamed on NCUA.gov.
To comment on the proposed budget:
- Submit comments on Docket # NCUA-2024-0135 at the Federal eRulemaking Portal by November 27.
- Comments should provide specific, actionable recommendations.
To request to present at the November 22 budget briefing:
- Email your request to BudgetBriefing@ncua.gov by November 13.
- Include the presenter’s name, title, affiliation, mailing address, email address, and telephone number.
- The Board Secretary will notify approved presenters and give them their allotted presentation times.
- Email a copy of your presentation to BudgetBriefing@ncua.gov by 1 p.m. Eastern on November 18.
The NCUA Board will consider the 2025–2026 budget at its December meeting.