ALEXANDRIA, Va. (1/15/16)--National Credit Union Administration (NCUA) board members will vote on whether to publish the agency’s overhead transfer rate (OTR), operating fee schedule and strategic plan at its Jan. 21 meeting.
Publishing those items in the Federal Register would allow credit union stakeholders to comment to the board on all three items.
The OTR is designed to cover the NCUA’s costs to examine and supervise the risk to the National Credit Union Share Insurance Fund. The operating fee covers the portion of operational costs for noninsurance-related aspects of operating the agency.
The Credit Union National Association has expressed concerns, particularly prior to the unveiling of each year’s budget, that the OTR is at an all-time high.
The meeting will also include discussion of the NCUA’s 2017-2021 strategic plan, which NCUA Chair Debbie Matz said in September will “drive the agency’s budget process over several years.”
Also on the agenda is a final rule related to the reporting structure of the agency’s Office of Minority and Women Inclusion.
The meeting is scheduled to begin at 10 a.m. (ET), and a live video link will be posted to the NCUA.gov homepage approximately 15 minutes before the start of the meeting.