ALEXANDRIA, Va.—When the NCUA board meets Tuesday, it will vote on its 2025-26 budget and a final rule on succession planning.
As CUToday.info reported, NCUA’s proposed combined 2025 budget is $433 million, a 12.2% increase from the 2024 budget:
- Proposed operating budget: $419.3 million, a 12% increase from 2024
- Proposed capital budget is $8.2 million, 32.6% higher than in 2024
- Proposed Share Insurance Fund administrative budget is $5.5 million, 7% higher than in 2024
NCUA’s succession planning rule would require credit unions to establish and adhere to processes for succession planning.
The meeting is scheduled to begin at 10 a.m. ET. CUToday.info will provide complete coverage.