The National Credit Union Administration announced that it will hold its December 18 board meeting as planned. The meeting will be the first held since September, following the withdrawals of the October and November board meetings. The December meeting had previously been labeled “tentative” on the NCUA website. The meeting’s agenda includes a briefing on the Share Insurance Fund and on the NCUA’s 2026-2027 budget.
During an earlier November 5 meeting, the NCUA held its public budget hearing for the proposed budget. Due in large part to the staffing reductions in 2025, the proposed operating budget for 2026 came in considerably lower, to the tune of a 23.5 percent reduction. Other highlights from the earlier proposal included “extended examination timeframes and use of offsite analytics to ensure effective supervision while increasing cost efficiency.”
The budget proposal and justification also included an early budget projection for 2027, coming in at 9.8 percent higher than its 2026 proposal. However, NCUA was keen to point out that this is still $50.7 million less than the 2025 budget (12.8 percent lower). Though the NCUA’s process is to budget for the next two years, the organization revisits the budget annually.
The meeting will be livestreamed on the NCUA’s website and YouTube channels. Additional information on NCUA board meetings is available on the NCUA website.
