NATIONAL CREDIT UNION ADMINISTRATION

glossary /

NATIONAL CREDIT UNION ADMINISTRATION

National Credit Union Administration. An independent federal agency that charters, insures, supervises, and examines federal credit unions; administers the National Credit Union Share Insurance Fund and the Community Development Revolving Loan Fund; and manages the Central Liquidity Facility, a separate mixed-ownership government corporation that supplies emergency loans to member credit unions. ? The agency was established in 1970 and reorganized in 1978. ¡ª Abbr. NCUA.
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