NCUA Expectations for the ALLL
The National Credit Union Administration (NCUA) is the independent federal agency responsible for the oversight of all federal credit unions and FDIC-insured state-chartered credit unions. As a federal agency, it regulates, charters and supervises credit unions and manages the National Credit Union Share Insurance Fund (NCUSIF). As it relates to the ALLL, the NCUA enforces legislation on its constituencies to ensure the safety and soundness of their operations.