The National Credit Union Administration has published its 2026–2027 staff draft budget on its website and opened a public comment process, with the proposal also submitted for publication in the Federal Register. The proposed combined 2026 budget totals USD 313.8 million, representing a 20.6 percent reduction from the 2025 budget. The budget proposal attributes the lower 2026 level primarily to a 23.0 percent reduction in NCUA staffing, a 34.1 percent reduction in contracted services budgets, and a 13.4 percent reduction in employee travel budgets. The staff draft budget justification is presented across three budgets: an operating budget of USD 292.4 million, a 2026 capital budget of USD 18.1 million including USD 10.0 million to implement the agency’s 2026 reorganization plan and invest in systems, and a Share Insurance Fund administrative budget of USD 3.3 million. Comments on Docket NCUA-2025-0543 are open until October 24. A separate notice on a public hearing for the budget is expected at a later date.
National Credit Union Administration 2025-09-25
National Credit Union Administration releases 2026–2027 staff draft budget for comment with 2026 proposal of USD 313.8 million
The National Credit Union Administration released its 2026–2027 staff draft budget, proposing USD 313.8 million, a 20.6% decrease from 2025. The reduction is driven by a 23% cut in staffing, a 34.1% decrease in contracted services, and a 13.4% reduction in travel budgets. The budget includes an operating budget of USD 292.4 million, a capital budget of USD 18.1 million, and a Share Insurance Fund administrative budget of USD 3.3 million.