National Credit Union Administration federal obligations

232 awards on $4.7 million

NCUA charters and supervises federal credit unions and operates the National Credit Union Share Insurance Fund. None of those insurance totals are in this packet. $4,686,962.27 is what the Administration obligated on USAspending awards through FY2026. Dividing by 232 awards yields about $20,202 per award. That is a low mean: many small instruments rather than a few giant support contracts.

Share-insurance coverage on member deposits is a contingent federal commitment of a different kind. It does not automatically appear as 232 USAspending rows. Treating $4.7 million as “NCUA’s insurance book” would confuse a small award ledger with a deposit-insurance system.

What the award file leaves out

Examiner salaries, which are the core of a safety-and-soundness agency, generally never appear as USAspending awards. The $4,686,962.27 therefore understates NCUA’s full operating cost if a reader expected the award file to equal the agency’s operating budget. It is complete as an award ledger.

Credit-union asset totals, CAMELS-style ratings, and failure counts are supervisory statistics. They are not these 232 rows. A year with more credit-union assets does not automatically raise this obligation stock.

FY2026 cutoff and non-appropriated funding

NCUA is funded largely by fees on credit unions rather than annual appropriations in the classic sense. This packet does not publish fee collections. $4,686,962.27 is the USAspending awarding-agency obligation stock through the FY2026 cutoff, not a fee-revenue table and not a single-year operating plan.

Outlays are unpublished. Treat the figure as commitments for awarding agency 025. High award count relative to dollars means the state table can populate more jurisdictions than a six-row book of similar size would.

CGAC 025 versus banking regulators

National Credit Union Administration rows use awarding-agency code 025. FDIC, OCC, and the Federal Reserve are separate institutions with separate CGACs when they appear in USAspending. Mixing those books with $4.7 million would invent a combined “financial regulator” agency. SpendingVault’s /agencies/025/ path stays on NCUA.

State tables versus credit-union geography

The state table for agency 025 attributes the 232 awards using USAspending location fields. That map is vendor and performance geography for NCUA awards, not a map of credit-union headquarters or of insured shares. A large state share can be a training or IT vendor, not a claim that that state’s credit unions are weaker.

Open the NCUA agency page for the live $4,686,962.27 and 232-award filters. Use the all-agencies directory to find CGAC 025. Dollar rank among independents is not a ranking of credit-union health.

Share insurance, examiner payroll, and 232 small awards

The National Credit Union Share Insurance Fund is a contingent federal commitment of a different kind from USAspending awards. Insured-share totals are not the 232 rows. Treating $4,686,962.27 as NCUA’s insurance book would confuse a small award ledger with a deposit-insurance system. This page stays on awarding agency 025.

The mean of about $20,202 on 232 awards is the structural fact: many small instruments. High count relative to dollars populates more jurisdictions on the state table than a one-row book would. The packet has no median. Open award-level records for recipient names; this roll-up does not list them.

Examiner salaries generally never appear among the 232 rows, so the table understates full operating cost. NCUA is funded largely by fees; this packet does not publish fee collections. FY2026 is the cutoff, not a credit-union failure date. Use the NCUA agency page for live tables. Keep CGAC 025 unmerged with other financial-regulator awarding agencies. Outlays are unpublished.

CAMELS-style ratings and credit-union asset totals are supervisory statistics. They are not the 232 awards. A year with rising industry assets does not automatically raise $4,686,962.27. A training or IT purchase can raise it while assets are flat. Share-insurance exposure remains a different ledger. FY2026 is the cutoff. Use the NCUA agency page for live CGAC 025 tables. The mean of about $20,202 is the high-count, small-dollar pattern of this extract. Fee collections are unpublished in the packet.

Temporary examination-support awards can multiply the 232-row count while adding little to $4,686,962.27, which is how the mean stays near $20,202. FY2026 is the cutoff for CGAC 025. Use the NCUA agency page for live tables. Share-insurance exposure remains a different ledger. Credit-union headquarters maps are not this state award table. Fee collections are unpublished in the packet. Outlays are unpublished.

Questions

How much has NCUA obligated on USAspending?

The National Credit Union Administration shows $4,686,962.27 in obligations through FY2026 across 232 awards. Awarding-agency CGAC 025 is the filter. The total is not Share Insurance Fund coverage and not credit-union assets. USAspending.gov records this as awarding-agency obligations through FY2026, not cash outlays. The live table for CGAC 025 is the source for the current 232-award book.

Why is the average NCUA award only about $20,000?

Dividing $4,686,962.27 by 232 awards yields about $20,202. High count and a small dollar total produce a low mean. The packet has no median. Many small administrative instruments fit that ratio. That figure uses only the packet totals. The extract has no median and no contract-versus-assistance split. FY2026 is the warehouse cutoff, not a single-year appropriation.

What is agency code 025?

025 is the USAspending awarding-agency CGAC identifier for NCUA. SpendingVault uses it in /agencies/025/. FDIC and other banking regulators use different codes when they appear as awarding agencies. SpendingVault URLs under the agency path filter to that CGAC identifier. It is an accounting tag, not a quality score. Totals on this page are obligations through FY2026.

Does $4.7 million include deposit insurance?

Not as a Share Insurance Fund exposure total. This page reports NCUA awarding-agency obligations of $4,686,962.27 on 232 awards through FY2026. Outlays are unpublished in the packet. Outlays are unpublished in this packet, so this page does not estimate cash already paid. Refresh the agency page after USAspending updates rather than treating the current stock as frozen.