The National Credit Union Administration (NCUA) is an independent agency of the United States Government.  NCUA regulates, charters and insures the nation's federal credit unions. 

The shares in your credit union are insured by the National Credit Union Share Insurance Fund (NCUSIF) or the the Fund, an arm of NCUA.  Established by Congress in 1970 to insure member share accounts at federally insured credit unions, the Fund is managed by NCUA under the direction of the three-person NCUA Board.

Your share insurance is similar to deposit insurance provided by the Federal Deposit Insurance Corporation (FDIC).  Accounts in federally insured credit unions are insured up to $100,000 an amount equal to the insurance protection offered by the FDIC.  If a member has regular accounts and an Individual Retirement Account in the same credit union each account is insured separately.  Individual Retirement Accounts (IRA's) are insured up to $250,000.