We appreciate NCUA Vice Chairman Rick Metsger's statement that "it seems reasonable for the NCUA to invite comments on the OTR's application and methodology," as noted in the September 2015 NCUA Report (referenced in the CU Times Sept. 17 article "Metsger Solicits Two-Year Budget").
But later statements made in the piece, and reported by CU Times, left us a bit confounded.
He stated: "Perhaps commenters could persuade us that federally chartered credit unions need to pay more, or maybe state chartered credit unions haven't been paying enough and need to up their contribution," after stating that federal credit unions currently pay 66.4 % of the cost of the NCUA's budget, compared to 33.6% for state charters.
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