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ALEXANDRIA, Va. — Nearly a month out, CUNA, NAFCU, and NASCUS had already said they were applying to make oral comments at NCUA’s seventh annual Budget Briefing and Public Forum on Oct. 22.

While the budget, funded by credit unions, remains relatively stable, the overhead transfer rate is a consistent bone of contention. The OTR is the percent of the budget funded by the NCUSIF, which is contributed to by all federally insured credit unions through their 1% deposit; the rest is paid for as regulatory expenses through federal credit union operating fees.

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