National Credit Union Administration

National Credit Union Administration BoardNCUANational Credit Union Administration (NCUA)Oregon State chartered
The National Credit Union Administration (NCUA) is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the Federal Deposit Insurance Corporation, which insures commercial banks and savings institutions.wikipedia
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Federal Deposit Insurance Corporation

FDICFederal Deposit Insurance Corporation (FDIC)Federal Deposit Insurance Corp
The National Credit Union Administration (NCUA) is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the Federal Deposit Insurance Corporation, which insures commercial banks and savings institutions.
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions.

Credit unions in the United States

credit unionsUS credit unioncredit unions throughout the United States
The NCUA is an independent federal agency created by the United States Congress to regulate, charter, and supervise federal credit unions.
Approximately 236,000 people were directly employed by credit unions per data derived from the 2012 NCUA Credit Union Directory.

Deposit insurance

deposit guaranteeDeposit Guarantee Schemedeposit guarantee schemes
The National Credit Union Administration (NCUA) is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the Federal Deposit Insurance Corporation, which insures commercial banks and savings institutions.
Most credit unions in the United States are insured by the National Credit Union Administration (NCUA), a separate federally-chartered agency, while others rely on private insurance arrangements.

National Credit Union Share Insurance Fund

NCUA
With the backing of the full faith and credit of the U.S. government, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 111 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions.
Created in 1970, the Share Insurance Fund is administered by the National Credit Union Administration, an independent federal financial regulator.

Alexandria, Virginia

AlexandriaAlexandria, VAAlexandria City
Federal agencies based in Alexandria include the National Credit Union Administration, the U.S. Patent and Trademark Office, National Science Foundation, Office of the Inspector General, U.S. Department of Defense, and the Food and Nutrition Service.

Bureau of Federal Credit Unions

At first, the newly created Bureau of Federal Credit Unions was housed at the Farm Credit Administration.
In 1970, the Bureau was replaced by the National Credit Union Administration (NCUA).

Federal Credit Union Act

Federal Credit Union Act of 1934Federal Credit Unions
As part of the New Deal, President Franklin D. Roosevelt signed the Federal Credit Union Act into law in 1934.
This Act established the federal credit union system and created the Bureau of Federal Credit Unions, the predecessor to the National Credit Union Administration, to charter and oversee federal credit unions.

Independent agencies of the United States government

independent agencyindependent agency of the United States governmentindependent agencies
The NCUA is an independent federal agency created by the United States Congress to regulate, charter, and supervise federal credit unions.

Certificate of deposit

certificates of depositcertificatesCDs
By 1977, services available to credit union members expanded, including share certificates and mortgage lending.
In the USA, CDs are insured by the Federal Deposit Insurance Corporation (FDIC) for banks and by the National Credit Union Administration (NCUA) for credit unions.

Central Liquidity Facility

National Credit Union Administration Central Liquidity Facility
Congress added the finishing touches to this new administration with the addition of the Central Liquidity Facility, the lender of last resort for all credit unions.
Member credit unions own the CLF which exists within the National Credit Union Administration (NCUA).

Debbie Matz

On March 9, 2011, then Board Chairman Debbie Matz unveiled MyCreditUnion.gov, a source of educational information and personal finance tips designed to help individuals make financial decisions.
Ms. Matz also served as the eighth board chairman of the National Credit Union Administration (NCUA).

NCUA Corporate Stabilization Program

The National Credit Union Administration (NCUA) is an autonomous agency of the United States federal government, and is responsible for regulating and insuring all federally insured credit unions in the United States.

Dodd–Frank Wall Street Reform and Consumer Protection Act

Dodd-Frank Wall Street Reform and Consumer Protection ActDodd-FrankDodd-Frank Act
On July 22, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law and included permanently establishing NCUA's standard maximum share insurance amount at $250,000.
The Fed, Comptroller of the Currency, FDIC, National Credit Union Administration Board, Federal Housing Finance Agency and Bureau of Consumer Financial Protection (created in this law) shall jointly prescribe regulations.

Credit union

credit unionscaisse populairefederal credit union
The NCUSIF experienced strain, and credit unions lobbied Congress to recapitalize the Fund.
In the United States, federal credit unions are chartered by and overseen by the National Credit Union Administration (NCUA), which also provides deposit insurance similar to the manner in which the Federal Deposit Insurance Corporation (FDIC) provides deposit insurance to banks.

Credit Union National Association

CUNACredit Union National Association (CUNA)Credit Union National of America
The CUNA said that "this legislation is necessary because the National Credit Union Administration (NCUA) has interpreted that the Federal Credit Union Act does not permit it to extend such coverage."

Commercial bank

corporate bankingcommercial bankingcommercial banks
The National Credit Union Administration (NCUA) is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the Federal Deposit Insurance Corporation, which insures commercial banks and savings institutions.

Savings bank

savings bankssavingssavings institutions
The National Credit Union Administration (NCUA) is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the Federal Deposit Insurance Corporation, which insures commercial banks and savings institutions.

United States Congress

CongressU.S. CongressCongressional
The NCUA is an independent federal agency created by the United States Congress to regulate, charter, and supervise federal credit unions.

Charter

charter memberCharter of IncorporationBus charter
The NCUA is an independent federal agency created by the United States Congress to regulate, charter, and supervise federal credit unions.

President of the United States

PresidentU.S. PresidentUnited States President
The NCUA is governed by a three-member board appointed by the President of the United States and confirmed by the Senate.

United States Senate

U.S. SenatorUnited States SenatorU.S. Senate
The NCUA is governed by a three-member board appointed by the President of the United States and confirmed by the Senate.