The National Credit Union Administration is the independent federal agency created by the United
States Congress to regulate, charter, and supervise federal credit unions.
The NCUA operates the National Credit Union Share Insurance Fund (NCUSIF) to protect accounts at
federally insured credit unions (like Bethpage) for up to $250,000. The NCUA's share insurance
coverage is similar to the deposit insurance coverage offered by the Federal Deposit Insurance
Corporation (FDIC), which insures bank deposits.