NCUA regulates, charters and supervises all federal credit unions, and insures the deposits in all federally insured credit unions. Each year, the NCUA Board considers and approves a budget to support these activities. For 2014, the Board approved a $268.3 million budget with no increase in total employees.
To develop the budget, NCUA uses zero-based budgeting where every projected expense is justified.
NCUA is committed to providing transparency to the public about the agency’s budget. The materials below include the Board Action Memorandum and accompanying slides presented at the November 21, 2014, Board meeting as well as summary information and other historical trends related to the agency’s budget.
2014 Budget Documents
2014 Overhead Transfer Rate and Operating Fee
2013 Budget Documents
2013 Overhead Transfer Rate and Operating Fee