In this episode, we explore the National Credit Union Administration (NCUA), the independent federal agency responsible for chartering, regulating, and insuring the United States credit union system. We discuss the agency’s formation in 1970 and its critical role in managing the National Credit Union Share Insurance Fund, which protects the deposits of millions of account holders up to $250,000.

Listeners will learn about the agency’s historical evolution, including its response to the high interest rates of the 1980s and its navigation of the 2008 financial crisis, which involved stabilizing the system after the failure of major corporate credit unions. We also cover the NCUA's recent initiatives, such as providing regulatory flexibility during the COVID-19 pandemic and current goals regarding economic equity and climate change mitigation. ...