A Credit Union is a democratic, cooperative financial institution, founded by its members, governed by its members, and serving its members by providing them with affordable financial services. Credit Unions adhere to the seven principles of cooperation and their core values of equality, equity and mutual self-help. Throughout the world they promote economic development for all and the brotherhood of man, people working together to achieve a better life for themselves and their community. Federal Credit Unions are regulated by the National Credit Union Administration (NCUA), and member deposits are insured to at least $250,000 by this government agency.