National Credit Union Administration

The National Credit Union Administration (NCUA) is the independent federal agency created by the United States Congress to regulate, charter, and supervise federal credit unions. With the backing of the full faith and credit of the U.S. government, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 100 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. As of March 2015, there were 6,206 federally insured credit unions, with assets totaling more than $1.16 trillion, and net loans of $721.9 billion.