News stories tagged budget

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OTR 2021 increase a sign for agency to reconsider expense allocation, Ito says

(Dec. 23, 2020) A 2021 budget of $341.4 million – with an overhead transfer rate (OTR) of 62.3% — was approved by the NCUA Board on a split vote of...

BRIEFLY: Agencies jointly release BSA ‘fact sheet;’ NASCUS Report early next week

(Nov. 20, 2020) NCUA joined the federal banking agencies Thursday in releasing a fact sheet meant to clarify Bank Secrecy Act due diligence requirements for credit unions and banks that...