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Home » NCUA posts 2020-21 proposed budget, sets Nov. 20 public briefing
Policy & Issues

NCUA posts 2020-21 proposed budget, sets Nov. 20 public briefing

October 29, 2019

NCUA’s proposed 2020–2021 budget is now available for review and comment. The proposed budget summary and detailed budget justification are available on the Budget and Supplementary Materials page of NCUA.gov, and comments will be accepted through Dec. 2.

“We will review the details of the proposed budget with a lens that ensures the methodology used to fund NCUA operations is consistent with fairness to state and federal credit unions and the Federal Credit Union Act," said Elizabeth Eurgubian, CUNA deputy chief advocacy officer. "We look forward to submitting our comments for consideration and presenting at the public briefing, and appreciate the opportunity from NCUA to do so. ”

The proposed 2020 operating budget is $316.2 million and includes an increase of three positions from the authorized 2019 staffing levels.

The agency will hold a public budget briefing on Nov. 20, beginning at 10 a.m. (ET), at its Central Office in Alexandria, Va. The briefing will be livestreamed on NCUA.gov.

Attendees will be admitted on a first-come, first-served basis beginning at 9 a.m. (ET). An overflow room will be available.

To Comment on the Proposed Budget:

  • Email comments to BudgetComments@ncua.gov by Dec. 2.
  • Comments should provide specific, actionable recommendations.

To Request a Presentation at the Nov. 20 Budget Briefing:

  • Email your request to BudgetBriefing@ncua.gov by Nov. 12.
  • Include the presenter’s name, title, affiliation, mailing address, email address, and telephone number.
  • The Board Secretary will notify approved presenters and give them their allotted presentation times.
  • Email a copy of your presentation to BudgetBriefing@ncua.gov by 5 p.m. Eastern on Nov. 18.

The NCUA Board is scheduled to approve a final budget at its Dec. 12 open meeting.

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