- CUNA
- Priorities We're Fighting For
- NCUA Budget & Share Insurance Fund
NCUA Budget and Share Insurance Fund
Impact
The National Credit Union Administration (NCUA) is funded by credit unions and their 130 million members, without taxpayer funding through the Congressional Appropriations process. Credit unions deserve an open and transparent budgeting process.
Where We stand
CUNA continues its work to ensure the methodology used to fund NCUA's operating budget is established and consistent with fairness to state and federal credit unions and the Federal Credit Union Act and only supports those expenses to the National Credit Union Share Insurance Fund that are legitimate substantiated “insurance-related costs.”
Related Issues
Examination and Supervisory Modernization
CUNA continues to work with the NCUA on modernizing the examination process, including movement toward a virtual and continuous oversight model.
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Member Business Lending
Credit unions have been making member-business loans (MBLs) since their inception in the early 1900s. The current cap was imposed by Congress in the Credit Union Membership Access Act of 1998.
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Field of Membership
CUNA was actively engaged in the rulemaking process and has continued to be active during the second proposed rule.
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