The National Credit Union Administration (NCUA) Board conducted its first open meeting of the year on January 16, 2025, where it unanimously approved the agency's 2025 Annual Performance Plan. This plan is designed to measure and manage the performance of the NCUA as it supervises and insures a growing credit union system.
NCUA Chairman Todd M. Harper emphasized the importance of this plan by stating, "As I have often said, if you don’t measure it, you can’t manage it. That’s what makes the NCUA’s 2025 Annual Performance Plan so important." He added that the plan includes specific measures and targets that outline how the agency will continue its supervision effectively.
The plan aligns with the mission and strategic goals outlined in NCUA's 2022–2026 Strategic Plan. It provides guidance on achieving these objectives through various means, strategies, and actions planned for 2025-2026.
Chairman Harper also acknowledged the role of NCUA staff in achieving these goals: "While this plan provides the NCUA with a roadmap for measuring its performance, it is the dedication, professionalism, and hard work of our NCUA team that will allow us to succeed as an agency."
The NCUA is an independent federal agency responsible for regulating federal credit unions. It operates with backing from Congress and manages insurance funds for over 135 million account holders in both federal and state-chartered credit unions.
For more information or media inquiries, contact Joe Adamoli at JAdamoli@ncua.gov or call 703.518.6572.