National Credit Union Administration
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The National Credit Union Administration (NCUA) is an independent federal agency established by the U.S. Congress in 1970, dedicated to insuring deposits at federally insured credit unions and safeguarding the interests of credit union members. The agency also charters and regulates federal credit unions, ensuring the safety and soundness of the credit union system through effective risk management and oversight.
In addition to its regulatory functions, the NCUA provides essential support services, including training, grants, and financial assistance, to promote the health and stability of the credit union industry. It actively works to protect consumers by raising awareness of fraud and facilitating access to affordable financial services, all while educating them on financial well-being and savings improvement.
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