The NCUA board on Thursday approved a 2018 budget that increases spending by $6.1 million—a 2.1% increase from 2017.

The board approved the spending plan, which agency CFO Rendell Jones said is largely unchanged from the budget proposed in October. He said that the budget decreased $80,000 because of a small technical change.

The agency also projects a 2019 budget of $302.8 million, a $4.6 million increase from the proposed 2018 level.

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