Congress has passed a two-year wage freeze for executive branch employees but the NCUA said it hasn't decided whether it will adopt it for the agency's employees.

"We are waiting for guidance from the Office of Personnel Management," said John McKechnie, the director of agency's Office of Public and Congressional Relations.

The freeze, which applies to all executive branch employees except uniformed military personnel, affects cost of living increases but does not impact increases as a result of promotions.

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