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NCUA Announces Public Budget Briefing Nov. 16

The NCUA staff draft budget for 2024–2025 is available for review on the agency’s website. A budget briefing is scheduled for November 16. The comment period is open until November 21.

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The proposed combined 2024 budget is $394.5 million, a 9.5% increase from the 2023 budget. The proposed operating budget is $382.1 million, an 11% increase from 2023. The proposed 2024 capital budget is $7.3 million, a 35.6% decrease from 2023. The proposed Share Insurance Fund administrative budget is $5.1 million, a 3.6% increase from 2023.

The proposed budget summary and detailed budget justifications can be found on the Budget and Supplementary Materials page on NCUA.gov.

The NCUA will hold a public budget briefing at its Central Office on Thursday, November 16, beginning at 2 pm. The meeting will be livestreamed on NCUA.gov.

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