The National Credit Union Administration Board approved the agency’s Operating, Capital, and National Credit Union Share Insurance Fund administrative expense budgets for 2026 and 2027, setting a combined budget of USD 316.2 million for 2026 with 967 staff positions. It also received a briefing on preliminary, unaudited third-quarter 2025 performance of the Share Insurance Fund. For 2026, the combined budgets are USD 79.2 million lower and 288 positions fewer than the 2025 combined budgets, and the 2026 operating fee rate is 24.65 percent lower than under the 2025 budget. The combined budget for 2027 is USD 325.3 million with 967 staff positions, USD 19.3 million below the 2027 staff draft budget, with component budgets of USD 312.0 million (Operating), USD 8.2 million (Capital), and USD 5.2 million (Share Insurance Fund administrative expenses). For the quarter ending September 30, 2025, the Share Insurance Fund reported net income of USD 100.4 million, total income of USD 163.5 million, and USD 24 billion in assets; composite CAMELS code 3 credit unions rose from 667 to 668 while associated assets fell from USD 198.2 billion to USD 184.0 billion, and composite CAMELS codes 4 and 5 fell from 122 to 118 with assets declining from USD 14.6 billion to USD 14.0 billion. Two federally insured credit union failures had cost the Share Insurance Fund approximately USD 7 million in losses as of quarter-end.

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