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NCUA Board to Vote on Budget and CDRLF Rule
Monday, November 14, 2016 6:45 AM

The NCUA Board is slated to act on the agency’s 2017 and 2018 budgets and a final rule related to the Community Development Revolving Loan Fund during its open meeting on Nov. 17, according to an agenda released Thursday.

The board will also be briefed on the agency’s overhead transfer rate, the National Credit Union Share Insurance Fund quarterly report, and projections for the NCUSIF equity ratio and 2017 premium range.

The board held a briefing on discussion draft budgets in October; the budgets project $299.2 million and $313.1 million in spending during 2017 and 2018, respectively.  The NCUA’s proposed technical amendments to the CDRLF rule, issued in June, would aim to make the rule more succinct and transparent.