NCUA posts 2025-2026 proposed budget, sets Nov. 22 public briefing
The NCUA released its 2025-2026 draft budget online for review and comment Wednesday. The proposed combined 2025 budget is $433 million, a 12.2% increase from the 2024 budget:
- Proposed operating budget: $419.3 million, a 12% increase from 2024.
- Proposed capital budget is $8.2 million, 32.6% higher than in 2024.
- Proposed Share Insurance Fund administrative budget is $5.5 million, 7% higher than in 2024.
“The 12.2% increase in the NCUA draft budget is sounding the alarm – NCUA’s new spending can’t go unchecked without finding corresponding savings elsewhere. For the second straight year, the NCUA has proposed double-digit budget increases. These year-after-year increases are unnecessary and unsustainable,” said America’s Credit Unions President/CEO Jim Nussle. “The regulator should prioritize being a good steward of the money coming in from our hardworking industry and the consumers who rely on credit unions' safe and affordable financial services. Members can rest assured knowing America's Credit Unions is combing through the proposed budget and accompanying documentation so we are armed with facts if given the opportunity to testify.”
The proposed budget summary and additional details are available on the NCUA’s website under Budget and Supplementary Materials. NCUA will accept comments on the draft budget through Nov. 27. A public hearing takes place Friday, Nov. 22, at 10 a.m. EST at NCUA’s central office, and also livestreamed on NCUA.gov.
America’s Credit Unions intends to present at the briefing, and file detailed written comments.
The board is scheduled to approve a final budget at its December open meeting.