A fund created by the National Credit Union Association (NCUA) for the purpose of protecting deposit accounts of credit union members. The fund is paid for through fees and other charges assessed by participating institutions so that no taxpayer funds are used to cover losses during a financial crisis.
Related information about National Credit Union Share Insurance Fund (NCUSIF):
- SI-NCUA
The National Credit Union Share Insurance Fund (NCUSIF) is the federal fund created by Congress in 1970 to insure member's deposits in federally insured ...
- ncusif - NCUA
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An independent federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across ...
- National Credit Union Share Insurance Fund - Wikipedia, the free ...
The National Credit Union Share Insurance Fund (NCUSIF) is administered by the National Credit Union Administration (NCUA) for the purpose of providing ...
- National Credit Union Share Insurance Fund (NCUSIF) - Definition
National Credit Union Share Insurance Fund (NCUSIF) is a government backed insurance fund for credit union deposits similar to FDIC insurance for banks.
- National Credit Union Share Insurance Fund (NCUSIF) - FAQ The ...
National Credit Union Share Insurance Fund (NCUSIF) - FAQ. The shares ( savings) in credit unions are insured by the National Credit Union Share. Insurance ...
- National Credit Union Share Insurance Fund (NCUSIF)
National Credit Union Share Insurance Fund (NCUSIF). The share insurance at OFCU is similar to deposit insurance provided by the Federal Deposit Insurance ...
- Nationa Credit Union Administration (NCUA) and Share Insurance
The NCUA also insures member accounts through the National Credit Union Share Insurance Fund (NCUSIF), established by Congress in 1970.