The National Credit Union Administration’s staff draft budget for 2025–2026 is now available on the agency’s website for review and comment. The NCUA has also submitted the proposed budget for publication in the Federal Register, and the comment period remains open until November 27.
The proposed combined 2025 budget is $433.0 million, a 12.2 percent increase from the 2024 budget. The 2025 combined staff draft budget is $0.3 million lower than the 2025 funding level previously approved by the NCUA Board as part of the two-year 2024–2025 budget.
The NCUA’s 2024–2025 staff draft budget justification includes three separate budgets. The proposed operating budget is $419.3 million, which is 12.0 percent higher than in 2024. The proposed 2025 capital budget is $8.2 million, or 32.6 percent higher than in 2024. The proposed Share Insurance Fund administrative budget is $5.5 million, or 7.0 percent higher than in 2024. The proposed budget summary and detailed budget justifications can be found on the Budget and Supplementary Materials page on NCUA’s website.