The National Credit Union Administration (NCUA)is responsible for regulating savings institutions.

Question

Quizplus · Accepted Answer

The National Credit Union Administration (NCUA) is responsible for regulating and supervising federal credit unions, not savings institutions. Savings institutions are primarily regulated by the Office of the Comptroller of the Currency (OCC), the Federal Reserve Board, and the Federal Deposit Insurance Corporation (FDIC), depending on their charter and structure.

The National Credit Union Administration (NCUA)is Responsible for Regulating Savings