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CUNA Concerned About NCUA Budget

Trade group cites five-year increase run as agency prepares to present new spending plan this month.

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CUNA said on Monday that it’s very concerned that the NCUA’s budget will increase next year.

“They’ve got a $251 million agency budget that increased 6.1% last year. It’s gone up for the last five years contrary to what the other federal regulators have done,” said Mary Dunn, CUNA senior vice president and deputy general counsel, on a conference call Monday.

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