The National Credit Union Administration (NCUA) is a federal agency that oversees and regulates credit unions in the United States. Its main goal is to ensure the safety and soundness of these financial institutions, protecting the deposits of their members. The NCUA also provides insurance for deposits through the National Credit Union Share Insurance Fund (NCUSIF), similar to how the Federal Deposit Insurance Corporation (FDIC) protects bank deposits. In addition to regulation and insurance, the NCUA promotes financial literacy and helps credit unions serve their communities better. By offering resources and guidance, the agency supports the growth and stability of credit unions, which play a vital role in providing affordable financial services to millions of Americans.