The National Credit Union Administration (NCUA) announced that its four funds received unmodified, or “clean,” audit opinions for 2025. The results were confirmed by audited financial statements released by the agency’s Office of Inspector General.
The audits, conducted by KPMG LLP, covered the National Credit Union Share Insurance Fund, the Operating Fund, the Central Liquidity Facility, and the Community Development Revolving Loan Fund. The NCUA stated that these audited financial statements and independent auditors’ reports are available on NCUA.gov.
As of December 31, 2025, the Share Insurance Fund held assets totaling $24.1 billion. This fund protects deposits for more than 144 million members at over 4,298 federally insured credit unions.
The NCUA was established by Congress to regulate, charter, and supervise federal credit unions. It operates with the backing of the full faith and credit of the United States and manages the Share Insurance Fund, which insures deposits for more than 145 million account holders in both federal and most state-chartered credit unions.
The NCUA functions as a U.S. government agency (official website). Its role includes guaranteeing safe deposits and providing regulatory oversight for federally insured credit unions (official website). The agency also charters new credit unions and offers oversight for federally insured institutions (official website). Additionally, it provides tools such as the Share Insurance Estimator for coverage details and CUOnline for financial submissions (official website).
Kyle Hauptman has served as chairman of the National Credit Union Administration Board (official website).
The NCUA supports federally insured credit unions nationwide (official website) and releases performance reports to serve its members across the country while supporting cybersecurity efforts (official website).
