NCUA
NCUA stands for the National Credit Union Administration, an independent federal agency that regulates, charters, and supervises federal credit unions. It also manages the National Credit Union Share Insurance Fund (NCUSIF), which insures member deposits.
Like the FDIC for banks, the NCUA helps protect the stability and integrity of the credit union system. Member deposits are insured up to $250,000 per member, per insured credit union, per ownership category.
Why It Matters for Intranets
Credit unions are subject to strict NCUA regulations, including rules for records retention, internal controls, cybersecurity, and training. A modern intranet makes it easier to comply with these expectations by organizing documents, processes, and audit trails in one place.
Common Intranet Use Cases Related to NCUA Compliance
- Publishing up-to-date policies and procedures
- Tracking staff acknowledgment of compliance materials
- Managing records retention policies
- Providing training documentation for exams
How SimplifyIT Supports NCUA-Regulated Credit Unions
We help credit unions stay exam-ready by simplifying document management, supporting audit trails, and ensuring version control of compliance materials - all in a secure, user-friendly intranet platform.
Learn how SimplifyIT helps credit unions meet NCUA requirements