National Credit Union Administration
Independent federal agency which supervises the credit union system and insures member accounts. The agency operates the National Credit Union Share Insurance Fund (NCUSIF), a federal fund backed by the United States government. The agency is also able to place credit unions in conservatorship if necessary, and has done so as recently as March 2009, when it placed the two largest credit unions in conservatorship due to extreme losses during the financial crisis. The NCUA has its foundation in the Federal Credit Union Act of 1934, and became an independent agency in 1970.
Popular 'Banking' Terms
Related Personal Finance Articles
Loading...
National Credit Union Administration in the news
Loading...
National Credit Union Administration is ...
... part of the Banking subject.
Nearby Terms
National Association of Real Estate Investment Trusts
National Association of Securities Dealers
National Association of Securities Dealers Automated Quotations system
National Bank
national best bid and offer
National Credit Union Administration
National Debt
National Deficit
National Foundation for Credit (NFCC)
National Futures Association
national income
National Association of Securities Dealers
National Association of Securities Dealers Automated Quotations system
National Bank
national best bid and offer
National Credit Union Administration
National Debt
National Deficit
National Foundation for Credit (NFCC)
National Futures Association
national income
Search volume for National Credit Union Administration
Get our content on your iGoogle page
RSS