Monday, June 15, 2015

In Answer To That Question...



The question was asked on the previous post about how NCUA's budget compared to that of the FDIC?


For 2015, Mr. Marty Gruenberg, Chairman of the FDIC, stated: "This is the fifth consecutive reduction in the FDIC's annual operating budget." [link]

So, how does the NCUA's budget record match up?


                 Budget       %Inc. /Prior Yr     #  of CUs 

2009        $177.8 ⬆︎              15%                 7,554

2010        $200.9 ⬆︎              13%                 7,339

2011        $223.4 ⬆︎              12%                 7,094

2012        $236.8 ⬆︎               5%                  6,819

2013        $251.4 ⬆︎                6%                6,554

2014        $268.3 ⬆︎                7%                6,273
                        
                          (up 51%)                                                      (down 17%)

[ from NCUA.gov]


Notice any disturbing trends?
Last one left standing turn out the lights [ and write a big check!]


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