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Board Member Michael Fryzel said he opposes adding new employees to the NCUA's rosters. But the 2015 budget won't include his input, as the July 31 board meeting was his last.

WASHINGTON – NCUA Board Member Michael Fryzel said there is no need for the NCUA to increase the size of the agency’s staff in next year’s budget.

The NCUA board Thursday approved a mid-year net budget reduction of $1.1 million at its monthly meeting. That figure included a $1.525 million decrease in employee pay and benefits from the original 2014 operating budget, credited primarily to vacant positions that have not yet been filled. However, the mid-session budget review also included a recommendation for two new positions.

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