The National Credit Union Administration (NCUA) 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 such as 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.