The National Credit Union Administration (NCUA)

The National Credit Union Administration (NCUA) is a federal agency that oversees and regulates credit unions in the United States. It ensures that credit unions operate safely, soundly, and comply with laws to protect members' savings. The NCUA also insures members’ deposits up to $250,000, similar to how the FDIC insures bank deposits. Its goal is to promote stability, trust, and growth in credit unions, which are member-owned financial cooperatives that provide banking services like savings and loans to their members.