ALEXANDRIA, Va.–NCUA has put out for 60-day comment its plans for the next five years.
“I encourage each of you in the credit union movement to take a look at this,” said NCUA Chairman J. Mark McWatters during the agency’s board meeting. “Essentially, we’re giving you a roadmap of what we hope to accomplish in the next few years.”
NCUA’s 2018-2022 Draft Strategic Plan summarizes the agency’s analysis of the internal and external environment impacting NCUA; evaluates NCUA programs and risks, and provides goals and objectives for the next five years.
“While the board welcomes all comments from the public and stakeholders, it specifically invites comments and input on the proposed goals and objectives of the strategic plan,” NCUA said in a statement.
The Strategic Plan highlights the agency’s three strategic goals and supporting strategic objectives, which reflect the outcome or greater impact of the broader strategic goals.
The three strategic goals for 2018 to 2022 are to:
- Ensure a safe and sound credit union system.
- Provide a regulatory framework that is transparent, efficient and improves consumer access.
- Maximize organizational performance to enable mission success.
- Approve/release the NCUA 2018-2022 Draft Strategic Plan for a 60-day public comment period in the Federal Register.
- Approve and communicate, via inclusion in the 2018-2022 Draft Strategic Plan, the agency’s enterprise-wide risk appetite statement.
A copy of the draft Strategic Plan can be found in CUToday.info’s The Gov. http://cutoday.ssd.thinkcreativeinternal.net/THE-gov/