NCUA Chair Announces October Public Budget Briefing Posted by AVCU on 9:42 AM

CU Journal reports that NCUA chairman Rick Metsger has announced that CU stakeholders will have a chance to offer comments on the regulator's proposed 2017–18 budget during a briefing in October. "As part of my commitment to implement 'continual quality improvement' across all aspects of NCUA's operations, the agency will hold a briefing on the draft budget."  He added that, even without the scheduled briefing this fall, stakeholders can offer comments about the agency's budget at any time.

"This budget briefing will be more comprehensive than the briefings previously held by the agency," he said. "For example, we will release more details on the proposed budget before the briefing, so stakeholders can review and analyze the information before they participate."

Dennis Dollar, who chaired the NCUA board from 2001 to 2004, initiated the public budget briefings during his first year as chairman. The public briefings continued until 2009.