NCUA was created, an agency strictly in charge of regulating credit unions. The credit union’s version of the FDIC was also created called the NCUSIF.
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Formation Credit Union. Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government - National Credit Union Administration (NCUA), a U.S. Government Agency. For more information, visit ncua.gov.
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