If the NCUA is closing two regional offices and reorganizing to become a leaner regulator, why is the agency's budget continuing to increase?
That's the question being raised by credit union trade groups, as they examine the agency's proposed 2018 and 2019 budgets.
"When will the industry begin to see the cost-savings and economies of scale that are being promised in the budget?" asked Alexander Monterrubio, NAFCU's director of regulatory affairs, in comments submitted to the agency.
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