At an open meeting, the National Credit Union Administration (NCUA) Board received the second-quarter 2025 Share Insurance Fund report, showing USD 82.0 million in net income and USD 23.2 billion in total assets as of June 30, 2025. The equity ratio was 1.28 percent, down 2 basis points from December 31, 2024, with the semi-annual decline attributed to 2.9 percent growth in insured shares. The briefing indicated the fund could absorb USD 1.4 billion in losses without falling below the 1.20 percent equity ratio threshold that, by law, would require the NCUA Board to assess a premium or develop a restoration plan. It also covered the public Share Insurance Fund dashboard and provided a budget update, including expected USD 13.6 million in Voluntary Separation Program costs (USD 8.8 million annual leave payouts, USD 3.5 million incentive payments, and USD 1.3 million administrative and other costs), with overall 2025 spending projected to come USD 7.0 million under budget due to offsetting savings.