Even though credit unions are cooperatives, they’re still supervised and regulated by their chartering and insuring agencies. Their primary federal regulator is the National Credit Union Administration or NCUA. The NCUA charters, insures, regulates, and examines all federally chartered credit unions and completes insurance reviews for all state-chartered credit unions whose shares are insured by the National Credit Union Share Insurance Fund, or NCUSIF. The primary regulators of state-chartered credit unions are state regulatory agencies. I know that’s a lot of information! In this course, we’ll talk specifically about the NCUA and the regulations it applies to credit unions.