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🔴 Major Outage | 🟠Partial Outage | 🟢 Operational
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The NCUA is responsible for regulating federal credit unions, insuring deposits, and protecting the members who own credit unions.
Federally insured credit unions provide up to $250,000 of federal share insurance to account holders.
Credit unions typically offer lower fees, better interest rates on loans and deposits, and a range of financial services tailored to their members' needs.
The NCUA protects the safety and soundness of the credit union system by identifying, monitoring, and reducing risks to the National Credit Union Share Insurance Fund.
The NCUA provides training, grants, loans, chartering, field-of-membership services, and manages the health and stability of the Share Insurance Fund among other support services.
A: Major outages are rare, occurring only a few times a year. Minor issues can happen more frequently.
A: Most outages are resolved within a few hours. Extended outages lasting more than a day are extremely rare.
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