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National Credit Union Administration

   Also found in: Legal, Acronyms, Wikipedia 0.04 sec.
National Credit Union Administration
Federal agency that oversees and insures the federal credit union system, and is funded by its members.

National Credit Union Administration (NCUA). The National Credit Union Administration (NCUA) is an independent federal agency that authorizes the establishment and oversees the administration of most federal- and state-chartered credit unions in the United States.

The National Credit Union Share Insurance Fund arm of the agency insures credit union deposits, just as the Federal Deposit Insurance Corporation (FDIC) does bank deposits.

NCUA is funded by member credit unions and is backed by the full faith and credit of the federal government.



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