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The NCUA Board today will vote on the agency's 2017 and 2018 budgets and a final rule related to the Community Development Revolving Loan Fund.

The board will also be briefed on the National Credit Union Share Insurance Fund quarterly report and projections for the NCUSIF equity ratio and 2017 premium range.

The board will also discuss 10 recommendations from the agency's Exam Flexibility Initiative working group, including the recommendation that well-managed, low-risk federal credit unions with less than $1 billion in assets have extended exam cycles. The agency has said those longer exam cycles will begin in 2017.

NAFCU has called for an extended exam cycle for all well-run, low-risk credit unions, not just those below a certain asset-size threshold.

The board will also be briefed on the agency's overhead transfer rate.

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. At the briefing, NAFCU President and CEO Dan Berger called for cost savings; he submitted comments in a letter the week after.