The NCUA board will consider its 2017-2020 strategic plan and receive a mid-session update on its 2016 budget when it meets on July 21.
The agency made a draft of its strategic plan public earlier this year and invited public comment.
Many of those comments centered on providing greater regulatory relief to credit unions.
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For instance, CUNA said the NCUA should have a stated goal of reducing the amount of time credit unions dedicate to the supervision process and should make a public commitment to extending the exam cycle – two initiatives that Chairman Rick Metsger said the agency is undertaking.
While NAFCU also cited regulatory relief as an agency goal, the association also called for a budget reduction or stabilization since the NCUA budget has increased nine years in a row.
NAFCU also said the agency should not pursue a goal of supervising third-party vendors, saying the cost would outweigh the benefits of such power.
Following a briefing on the agency budget, the board will meet in a closed session to discuss merger-related and supervisory issues.
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