The federal credit union regulator is inviting suggestions from the public on its operations and initiatives as it develops a 2026-2030 strategic plan, which it said will “further reinforce” the changes made at the agency under a presidential order seeking staff reductions across federal agencies and departments.
The National Credit Union Administration (NCUA) said feedback for its 2026-2030 strategic plan can be emailed to AskNCUA@ncua.gov. The feedback received will inform the development of both the plan and the agency’s 2026-2027 budget, it said. It suggested that members of the public review the agency’s current strategic plan (found here) covering 2022-2026 and provide feedback and ideas.
“Tell us what’s overly burdensome, what could be done better or quicker, and what do you think NCUA is doing that is not creating value,” said Kyle Hauptman, the NCUA Board chairman.
Hauptman, a Republican and now the agency’s sole board member, received a briefing during Thursday’s open board meeting on implementation of a voluntary separation program (VSP) established in accordance with Executive Order 14210, issued by President Donald Trump (R) and titled “Implementing the President’s ‘Department of Government Efficiency’ Workforce Optimization Initiative.” The VSP was approved in a closed meeting in March by the board’s then three members, two of whom, both Democrats, were later fired by the White House. Todd Harper (also a former chairman) and Tanya Otsuka had been serving unexpired terms and reportedly were fired without cause. They are suing to regain their posts.
The NCUA’s VSP is expected to result in a reduction of about 250 staff positions. As others leave later, the rate of replacement will be one new employee for every four departing, the agency said. (No staff are being fired, the agency noted.) The NCUA said this year’s reductions will mean $75 million in budgetary savings in 2026.
The agency said it is also restructuring its operations to improve its effectiveness and efficiency “while protecting the system of cooperative credit and its member-owners.” The 2026-2030 Strategic Plan “will further reinforce NCUA’s changes under the leadership of Chairman Hauptman consistent with the goals of Executive Order 14210,” it said.
NCUA Invites Stakeholder Feedback on Operations and Initiatives
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