The National Credit Union Administration (NCUA) is an independent federal agency created by the U.S. Congress in 1970. It insures deposits at federally insured credit unions, protects the members who own credit unions, and charters and regulates federal credit unions.
The NCUA's mission is to protect the safety and soundness of the credit union system by identifying, monitoring, and reducing risks to the National Credit Union Share Insurance Fund. Backed by the full faith and credit of the United States, the Share Insurance Fund provides federal share insurance to millions of account holders in federal and state-chartered credit unions.
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