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About
About
Created by the U.S. Congress in 1970, the National Credit Union Administration is an independent federal agency that insures deposits at federally insured credit unions, protects the members who own credit unions, and charters and regulates federal credit unions.
Regulation & Supervision
Regulation & Supervision
The NCUA protects the safety and soundness of the credit union system by identifying, monitoring and reducing risks to the National Credit Union Share Insurance Fund. Backed by the full faith and credit of the United States, the Share Insurance Fund provides up to $250,000 of federal share insurance to millions of account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions.
Analysis
Analysis
The NCUA’s economists and analysts compile data on the credit union system’s financial performance, merger activity, changes in credit union chartering and fields of membership, as well as broader economic trends affecting credit unions. Users can find information on a single credit union or analyze broader nation-wide trends.
Support Services
Support Services
The NCUA provides a number of support services to the credit union system, such as providing training, grants and loans, chartering, and field-of-membership services; maintaining the health and stability of Share Insurance Fund; managing the assets of failed credit unions; and providing emergency liquidity.
Consumers
Consumers
The NCUA works to protect credit union members and consumers, raise awareness of potential frauds, facilitate access to affordable financial services, and educate consumers on the importance of savings and how they can improve their financial well-being.
News
News
Stay up to date on the NCUA's activities by subscribing to the NCUA's Express messages. Read press releases, speeches, testimony, and Annual Reports. Register for upcoming conferences and events.
Cybersecurity Resources
Cybersecurity Resources
Cyberattacks and cybersecurity vulnerabilities pose significant risks to the financial system. Because of vulnerabilities within the credit union industry and the broader financial system to potential cyberattacks, cybersecurity is one of the NCUA’s top supervisory priorities and a top-tier risk under the agency’s enterprise risk-management program.

NGN Program

On June 14, 2021, the final NGN tranche (NGN 2011-M1 A5) matured with all noteholders being fully repaid. While the remainder of the legacy assets still must be liquidated, changes in the value of the legacy assets will not have a material effect on the NCUA’s projected receivable from the asset management estates and the Share Insurance Fund’s equity ratio. The table below will no longer be updated.

Receivable from Estates and Equity Ratio Change

Scenario	June 30, 2021	December 31, 2020	June 30, 2020	December 31, 2019	June 30, 2019	December 31, 2018	June 30, 2018	December 31, 2017	March 31, 2017
Base	$0.4 billion	$0.8 billion	$0.1 billion	$0.3 billion	$0.3 billion	$0.3 billion	$0.3 billion	$0.5 billion	$2.0 billion
Adverse¹	$0.3 billion	$0.6 billion	$0.0 billion	$0.1 billion	$0.1 billion	$0.1 billion	$0.1 billion	$0.3 billion	$1.6 billion
Receivable Change	$0.1 billion	$0.2 billion	$0.1 billion	$0.2 billion	$0.2 billion	$0.2 billion	$0.2 billion	$0.2 billion	$0.4 billion
Equity Ratio Change	1 bps	2 bps	1 bp	2 bps	2 bps	2 bps	2 bps	2 bps	4 bps

The NCUA will continue to report the NGN and legacy asset data at the link below.

NCUA Guaranteed Notes Program

¹ The adverse scenario represents a moderate recession.

Last modified on

03/08/22