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Operating Fund Financial Highlights

 

NCUA, through its operating fund, conducts activities prescribed by the Federal Credit Union Act of 1934, as amended, which include the following: 1) chartering new federal credit unions; 2) approving field of membership applications of federal credit unions; 3) promulgating regulations and providing guidance; 4) performing regulatory compliance and safety and soundness examinations; 5) implementing and administering enforcement actions, such as prohibition orders, orders to cease and desist, and orders of conservatorship and liquidation; and 6) administering the National Credit Union Share Insurance Fund. 
 

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