About NATIONAL CREDIT UNION ADMINISTRATION
The National Credit Union Administration (NCUA) charters and
supervises more than 6,020 federal credit unions and operates
the National Credit Union Share Insurance Fund (NCUSIF), which
insures the savings of more than 102 million account holders at
federal and some state-chartered credit unions. In addition,
it issues loans to and makes deposits at member credit unions
to provide liquidity and to stimulate economic development. The
agency also publishes information for credit union customers
on topics ranging from Internet transaction safety tips
to finding the best mortgage and avoiding predatory lenders.
President Franklin D. Roosevelt founded the NCUA in 1934; it became
an independent federal agency in 1970.