The public hearing on the federal credit union regulator’s 2026-2027 budget proposal will be held a day earlier than first announced, on Wednesday, Nov. 5, the agency said Friday.
The National Credit Union Administration (NCUA) announced its proposed budget Sept. 25, noting the budget for 2026 is reduced 20.6% from 2025. That reduction will be fueled mostly by a 23% cut in staffing levels.
The 2026 budget, proposed at $313.8 million, is a combined budget that includes the agency’s operating budget, capital budget, and Share Insurance Fund administrative budget.
The deadline for comments remains Nov. 7, and requests to deliver an in-person statement “must be received” on or before Oct. 30, according to Friday’s update.
Requests to present at the Nov. 5 hearing should be sent by email to BudgetBriefing@ncua.gov and should include the requestor’s name, title, affiliation, mailing address, email address, and telephone number. The agency said those scheduled to present must submit their written statements and presentations before 1 p.m. eastern Nov. 3.
The agency said Friday that the board secretary will inform presenters on Oct. 31 if they have been approved to make a presentation.
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