National Credit Union Share Insurance Fund

E259496

The National Credit Union Share Insurance Fund is a U.S. government-backed fund that insures members’ deposits in federally insured credit unions, similar to how the FDIC protects bank deposits.

All labels observed (4)

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf U.S. government fund ⓘ
deposit insurance fund ⓘ
acronym NCUSIF ⓘ
administeredBy NCUA Board ⓘ
backedBy full faith and credit of the United States government ⓘ
beneficiary members of federally insured credit unions ⓘ
country United States ⓘ
coverageRequirement federal credit unions must be insured by NCUSIF ⓘ
most state-chartered credit unions are required to have NCUSIF coverage ⓘ
coverageScope certificates of deposit in federally insured credit unions ⓘ
individual retirement accounts held at federally insured credit unions ⓘ
money market accounts in federally insured credit unions ⓘ
savings accounts in federally insured credit unions ⓘ
share draft accounts in federally insured credit unions ⓘ
establishedBy U.S. Congress ⓘ
fundingSource investment income ⓘ
premiums paid by federally insured credit unions ⓘ
goal to maintain the stability of the credit union system ⓘ
guaranteeLimitBasis per depositor per insured credit union ⓘ
per ownership category ⓘ
guaranteeType explicit federal guarantee ⓘ
headquartersLocation Alexandria, Virginia ⓘ
industry deposit insurance ⓘ
insuranceCoverageType deposit insurance ⓘ
share insurance ⓘ
insurerType mandatory insurer for federally chartered credit unions ⓘ
insures credit union member deposits ⓘ
shares in federally insured credit unions ⓘ
investmentPolicy invests primarily in U.S. Treasury securities ⓘ
legalAuthority Federal Credit Union Act ⓘ
maximumStandardInsuranceAmountPerDepositorPerInstitution 250000 USD ⓘ
monitoredBy U.S. Congress ⓘ
operatedBy National Credit Union Administration ⓘ
owner United States government ⓘ
provides insurance coverage in the event of credit union failure ⓘ
publicInformation provides online resources explaining share insurance coverage ⓘ
purpose to maintain public confidence in the credit union system ⓘ
to protect members’ deposits in credit unions ⓘ
regulatesDomain federally insured credit unions ⓘ
regulatoryFramework federal financial regulatory system ⓘ
relatedTo Federal Deposit Insurance Corporation ⓘ
National Credit Union Administration ⓘ
riskExposure credit union failures ⓘ
riskManagementApproach risk-based premiums ⓘ
sector financial services ⓘ
similarTo FDIC deposit insurance ⓘ
Federal Deposit Insurance Corporation ⓘ
supervisedBy National Credit Union Administration ⓘ
typeOfGuarantee statutory guarantee ⓘ

How these facts were elicited

Referenced by (8)

Full triples — surface form annotated when it differs from this entity's canonical label.

National Credit Union Administration → hasPart → National Credit Union Share Insurance Fund ⓘ
National Credit Union Administration → operates → National Credit Union Share Insurance Fund ⓘ
U.S. credit unions → insurer → National Credit Union Share Insurance Fund ⓘ
U.S. credit unions → abbreviation → NCUSIF ⓘ
linked to: National Credit Union Share Insurance Fund
National Credit Union Share Insurance Fund → acronym → NCUSIF ⓘ
linked to: National Credit Union Share Insurance Fund
Chairman of the National Credit Union Administration → oversees → National Credit Union Share Insurance Fund ⓘ
TDECU → memberOf → National Credit Union Administration insurance system ⓘ
linked to: National Credit Union Share Insurance Fund
Federal Credit Union Act → relatedTo → Federal Credit Union Share Insurance ⓘ
linked to: National Credit Union Share Insurance Fund