Credit unions may be federally or state chartered.If a credit union is chartered at the federal level,it is subject to the regulations imposed by the

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Credit unions that are federally chartered are subject to regulations imposed by the National Credit Union Administration (NCUA). The NCUA is an independent federal agency that regulates, charters, and supervises federal credit unions in the United States. Therefore, the correct choice is B.

Credit Unions May Be Federally or State Chartered