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The National Credit Union Share Insurance Fund (NCUSIF) is the federal fund created by the United States Congress in 1970 to insure members' deposits in federally insured credit unions. 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 ...
The National Association of Federally-Insured Credit Unions (NAFCU) is a U.S. trade organization representing the nation's federally-insured credit unions.The NAFCU hosts conferences, [1] publishes original research on issues relating to the credit union industry, [2] and provides testimony before the United States Congress on issues relating to credit unions and the financial services industry.
The National Association of Credit Management (NACM) is a United States non-profit organization based in Columbia, Maryland that promotes standards for the business-to-business credit profession. As of 2022 [update] , NACM had more than 15,000 members, primarily of credit and financial executives representing manufacturers, wholesalers ...
The National Credit Corporation was an independent agency of the United States federal government established in 1931 to stem the tide of bank failures across the US. [1] The corporation served as an intermediary in the interbank lending market , loaning funds from its $500,000,000 banker's pool to banks on the verge of failure.
On August 1, 2023, the association’s board of directors announced its intent to merge the association with the National Association of Federally-Insured Credit Unions, forming a new entity called America's Credit Unions. The merger became effective as of 2024 and longtime CUNA CEO Jim Nussle is the president and CEO of the new association. [4]
The NCR is also tasked with the registration of credit providers, credit bureau and debt counsellors; and with the enforcement of compliance with the Act. Debt Counseling was introduced and enforced in 2007. This enabled over-indebted consumers to seek relief in accordance to the National Credit Act (NCA).
Todd M. Harper serves as a Board Member of the National Credit Union Administration (NCUA). [1] Harper was nominated to the NCUA Board by President Donald J. Trump in 2019 and was designated Chairman by President Joseph R. Biden on January 20, 2021, [2] [3] [4] a position he held until January 20, 2025.
Hood was nominated to the board of the National Credit Union Administration (NCUA) on January 19, 2019, by President Donald Trump. [5] [6] The U.S. Senate confirmed his appointment on March 14, 2019, and he took the oath of office on April 8, 2019. [7] Hood was designated NCUA board chairman upon his swearing-in on April 8, 2019.