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Created by the U.S. Congress in 1970, the National Credit Union Administration is an independent federal agency that insures deposits at federally insured credit unions, protects the members who own credit unions, and charters and regulates federal credit unions.
Who are the top 5 credit unions?
Alliant Credit Union. Connexus Credit Union. First Tech Federal Credit Union. Pentagon Federal Credit Union. Self-Help Credit Union.
Where is the National Credit Union Administration?
For further information concerning the National Credit Union Administration, contact the Office of Public and Congressional Affairs, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314 3428.
What is the major difference between the FDIC and NCUA?
NCUA vs. FDIC. The NCUA and FDIC are very similar; they provide government-backed deposit account insurance. While the NCUA applies to federally insured credit unions, the FDIC insures bank deposits.
Why is the NCUA important?
The NCUA provides a number of support services to the credit union system, such as providing training, grants and loans, chartering, and field-of-membership services; maintaining the health and stability of Share Insurance Fund; managing the assets of failed credit unions; and providing emergency liquidity.
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NCUA also operates and manages the National Credit Union Share Insurance Fund (NCUSIF). Backed by the full faith and credit of the U.S. government, the NCUSIF insures the accounts of millions of account holders in all federal credit unions and the vast majority of state-chartered credit unions.
What are the goals of the NCUA?
The NCUAs vision is to: Strengthen communities and protect consumers by ensuring equitable financial inclusion through a robust, safe, sound, and evolving credit union system. The agency is guided by the following values: Integrity Adhere to the highest ethical and professional standards.
Related links
National Credit Union Administration (NCUA)
The National Credit Union Administration (NCUA) charters and supervises federal credit unions and insures savings in federal and most state-chartered credit
National Credit Union Administration (NCUA) | Wex | US Law
The National Credit Union Administration (NCUA) was created by the U.S. Congress in 1970 (12 U.S.C. 1752) as an independent federal agency that insures
Mar 7, 2017 The basics: National Credit Union Administration FOIA@ncua.gov. Fax number for requests: 703 This site has agency statistics and details on
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