NCEFCU is guided by its members who elect a Board of Directors at the annual membership meeting. The Board sets the policies and directs the affairs of the Credit Union. They must hold a meeting each month. They appoint a Supervisory Committee Coordinator to manage internal auditing function on a monthly basis. Your deposits are federally insured up to $250,000 and backed by the full faith and credit of the United States Government through the National Credit Union Share Insurance Fund which is administered by the National Credit Union Administration (NCUA).