Law Dictionary

National Credit Union Administration

Agency NCUA
  1. independent agency in the executive branch responsible for chartering, insuring, supervising, and examining federal credit unions. The NCUA grants federal credit union charters to groups sharing a common bond of occupation or association, or to groups within a well-defined neighborhood, community, or rural district. It issues policies and regulations, conducts annual examinations, and maintains a warning system designed to identify problems. The National Credit Union Share Insurance Fund insures deposits up to $250,000 in federally insured credit unions.


Seen and Heard

What made you want to look up National Credit Union Administration? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

a trip made at another's expense

Get Word of the Day daily email!