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. — Abbr. NCUA.
[Blacks Law 8th]