This on-air interview with NCUA Board Member Rick Metsger covers the agency's 2014 budget and the new CUSO rule.
ALEXANDRIA, Va. — In what was arguably the most important meeting of the year, the NCUA board approved a 6.7% in the 2014 operating budget, no projected corporate assessment for 2014 and a final CUSO rule. All items on the agenda received yes votes of approval from all three board...
Each November, the NCUA puts forth its budget for the following year. Every year, NAFCU has steadfastly pressed NCUA to be vigilant in keeping every possible cost down.
News NCUA Board member defends next year's agency budget.
ALEXANDRIA, Va. — The NCUA Board on Thursday approves spending plan that promises raises, no new jobs.
Trade group cites five-year increase run as agency prepares to present new spending plan this month.
The NCUA announced last week at its monthly board meeting that credit unions’ assessment for the Temporary Corporate Credit Union Stabilization Fund would be a mere eight basis points. The total bill for credit unions comes to $701 million, or approximately $100,000 on average per credit union, for 2013. It’s...
It has an endless supply of funding: your credit union’s money.
ALEXANDRIA, Va. — Credit unions already paid 2013 operating fees, so excess funds will offset 2014 operating budget, NCUA Board decides.
Trade associations are hopeful the NCUA will reduce its 2013 operating budget during its monthly board meeting July 25. While the board’s open meeting agenda has not yet been released, historically the federal regulator makes mid-year adjustments to the operating budget and announces the annual corporate assessment rate in July.