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The National Credit Union Administration (NCUA) is an American government-backed insurer of credit unions in the United States, one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the Federal Deposit Insurance Corporation (FDIC), which insures commercial banks and savings institutions.
The National Credit Union Administration (NCUA) is the government agency that insures deposits at member credit unions. When your money is in a share account with a federally insured credit union ...
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.
The National Credit Union Administration is the U.S. independent federal agency that supervises and charters federal credit unions. As of December 31, 2022, there were 4,760 federally insured credit unions in the United States with 135.3 million members.
Credit unions are insured by the National Credit Union Administration (NCUA), whereas banks are covered by the Federal Deposit Insurance Corp. (FDIC). In both cases, the coverage is up to $250,000 ...
How to confirm your credit union is insured. Federal credit union accounts are insured by the National Credit Union Administration Share Insurance Fund — or NCUA. This is functionally similar to ...
Total credit union assets in the U.S. reached $1 trillion as of March 2012. [6] Approximately 236,000 people were directly employed by credit unions per data derived from the 2012 National Credit Union Administration (NCUA) Credit Union Directory. [7]
The NCUSIF is supervised by the National Credit Union Agency, an independent federal agency created in 1970. ... The NCUA has a share estimator tool that credit union members can use to determine ...