National Credit Union
Administration
The
National Credit Union Administration, governed by a three-member board
appointed by the President and confirmed by the U.S. Senate, is the
independent federal agency that charters and supervises federal credit
unions. NCUA, with the backing of the full faith and credit of the
U.S. government, operates the National Credit Union Share Insurance
Fund (NCUSIF), insuring the savings of 80 million account holders
in all federal credit unions and many state-chartered credit unions.