NCUA to vote on operating budget, bonds proposal Nov. 15

The NCUA board will vote on the agency’s 2019-2020 budget at its Nov. 15 meeting, according to the agenda released last week. CUNA presented last month at NCUA’s budget briefing, and submitted written comments on the proposed budget this week. The NCUA’s proposed 2019 operating budget is $304.4 million, a $1.7 million (0.6 percent) increase from the 2018 board-approved budget. CUNA […]

The NCUA board will vote on the agency’s 2019-2020 budget at its Nov. 15 meeting, according to the agenda released last week. CUNA presented last month at NCUA’s budget briefing, and submitted written comments on the proposed budget this week.

The NCUA’s proposed 2019 operating budget is $304.4 million, a $1.7 million (0.6 percent) increase from the 2018 board-approved budget.

Other items on the agenda include:

  • A proposed rule on fidelity bonds.
  • A quarterly update on the National Credit Union Share Insurance Fund.
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The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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