National Credit Union Administration (NCUA)

The National Credit Union Administration (NCUA) is a federally agency that supervises and insures credit unions in the United States. It ensures these member-owned financial institutions operate safely and soundly, protecting the funds of their members. NCUA also provides deposit insurance, similar to the FDIC for banks, insuring deposits up to $250,000 per account. Additionally, the NCUA promotes the growth and stability of credit unions, helping them serve their members effectively and securely.