What is the National Credit Union Administration (NCUA)?

The National Credit Union Administration is an Independent Federal Agency responsible for the administration, regulation, and review of credit unions existing within the United States of America; due to the fact that legislation concerning the structure of Federal credit unions requires them to operate as non-profit institutions, the NCUA authorizes the implicit and required legality within any and all financial activity undertaken by these institutions – this includes the sale, purchase, and exchange of debts, loans, assets, investments, and monies:

Although the President of the United States retains administrative jurisdiction over the NCUA, the presence of a committee of directors allows for a decreased executive authority over hiring, staffing, and administration. The following details outline the structuring of the NCUA:

The NCUA was founded in 1970 in conjunction with the establishment of the National Credit Union Share Insurance Fund, which served to provide financial backing for the non-privatized and non-profit maintenance of credit unions

The headquarters of the NCUA are located in Washington, D.C.

Akin to a wide variety of Independent Federal Agencies, the NCUA is managed by an administration board in lieu of a single director; currently, this board consists of 1 president, 2 vice presidents, and 2 loan officers – J. Owen Cole, Jr. serves as the current president of both the NLF and the NCUA

The NCUA is responsible for the disbursement of Federal loans and funding to Federal Credit Unions in the form of liquidity, which is classified as assets valued in accordance their value following a respective sale or exchange

Independent Government Agencies

Independent Government Agencies are specific organizations and bureaus under the over arching jurisdiction of the Federal Government of the United States; however, these independent agencies are typically without a specified Department responsible for their respective oversight and administration. The following outlines the regional structure of the NCUA:

Regional Office 1 of the NCUA, located in Albany, New York, oversees the credit unions existing within Connecticut, Massachusetts, Maine, Michigan, New Hampshire, Nevada, New York, Rhode Island, and Vermont

Regional Office 2 of the NCUA, located in Alexandria, Virginia, oversees the credit unions existing within California, District of Columbia, Delaware, Maryland, New Jersey, Pennsylvania, Virginia, and West Virginia

Regional Office 3 of the NCUA, located in Atlanta, Georgia, oversees the credit unions existing within Alabama, Florida, Georgia, Indiana, Kentucky, Mississippi, North Carolina, Ohio, Puerto Rico, South Carolina, Tennessee, and the Virgin Islands

Regional Office 4 of the NCUA, located in Austin, Texas, oversees the credit unions existing within Arkansas, Iowa, Illinois, Kansas, Louisiana, Minnesota, Missouri, North Dakota, Nebraska, Oklahoma, South Dakota, Texas, and Wisconsin

Regional Office 5 of the NCUA, located in Tempe, Arizona, oversees the credit unions existing within Alaska, Arizona, Colorado, Guam, Hawaii, Idaho, Montana, New Mexico, Oregon, Utah, Washington, and Wyoming

What is the Federal Executive Institute (FEI)?

The Federal Executive Institute is an Independent Federal Agency residing within the State of Virginia; the FEI serves as the primary educational facility and developmental institutions implemented for the professional and managerial cultivation of professional training for Federal officials employed within government departments and agencies rooted within the public sector; the public sector is defined as the realm of Federal employment responsible for the provision of government systems, programs, and monetary transaction involving the collective – and individual – citizenship of the United States of America.

What is the Federal Deposit Insurance Corporation?

The Federal Deposit Insurance Corporation is a corporation within the United States Government formally created by the passing of the Glass-Steagall Act of 1933. The Federal Deposit Insurance Corporation provides deposit insurance, which formally guarantees the safety of deposits in member banks of up to $250,000 per deposit, for consumers and customers of the respective financial institutions. As of last year, the Federal Deposit Insurance Corporation, better known as the FDIC, insures deposits at over 7,700 financial institutions throughout the United States of America.

In addition to insuring deposits, the Federal Deposit Insurance Corporation also examines and supervises certain financials institutions for safety and soundness, as well as performs specific consumer-protection functions. Furthermore, the Federal Deposit Corporation will help construct and manage banks who have failed as a result of massive debts incurred.

To become insured, a financial institution must meet several insurance requirements established by the FDIC. Member banks must follow specific liquidity and reserve requirements; these levels are classified in five groups according to the specific risk-based capital ratio present: Well capitalized (10% or higher), adequately Capitalized (8% or higher), Undercapitalized (8% or lower), Significantly Undercapitalized (less than 6%) and critically undercapitalized (less than 2%).

What is the Federal Labor Relations Authority?

The Federal Labor Relations Authority is an independent agency of the United States Federal Government that is responsible for governing labor relations between the federal government and its employees.

The Federal Labor Relations Authority was created by the Civil Service Reform Act of 1978; it stands as a quasi-judicial body with three full-time members who are each appointed for five-year terms by the President of the United States with the advice and subsequent consent of the Senate. One member of the Federal Labor Relations Authority is appointed by the President to serve as chairman, chief executive officer and chief administrative officer of the board.

The Federal Labor Relations Authority adjudicates disputes arising under the Civil Service Reform Act; the committee is responsible for deciding cases regarding the negotiability of collective bargaining agreement proposals, exceptions to grievance arbitration awards and appeals concerning unfair labor practices and representation petitions.

What is the Federal Maritime Commission?

The United States Federal maritime Commission is an independent federal agency responsible for the regulation of oceanborne transportation in the foreign commerce industries of the United States of America. The mission of the Federal Maritime Commission is to regulate certain activities of international shipping lines, known as ocean common carriers, marine terminals operators and ocean transportation intermediaries who operate within the foreign commerce industries.

What is the Federal Mediation and Conciliation Service?

The Federal Mediation and Conciliation Service is an independent agency of the United States Federal Government, responsible for providing mediation services to industry, communities, and government agencies throughout the world. In a simplistic sense, the Federal Mediation and Conciliation Service is responsible for settling or resolving disputes between organizations and communities throughout the globe.

The Federal Mediation and Conciliation Service was created under the terms of the Labor Management Relations Act of 1947 (also known as the Taft-Hartley Act), to replace the United States Conciliation Service operating within the Department of Labor. When created, the Federal Mediation and Conciliation Service offered services upon request or in disputes affecting interstate commerce and was originally required to be notified within 30 days of the expiration of a contract where either side proposed some sort of modification or a request of termination for the existing contract.

Federal Mediation and Conciliation Service Quick Facts

The following details outline the administration of the Federal Mediation and Conciliation Service:

The Federal Mediation and Conciliation Service was founded on June 23 of 1947

The headquarters of the Federal Mediation and Conciliation Service are located in Washington, D.C.

The Federal Mediation and Conciliation Service is responsible for the jurisdiction over the Federal Government of the United States of America

The head of the Federal Mediation and Conciliation Service is Agency Director George Cohen

The Federal Mediation and Conciliation Service operates with approximately 275 employees

What is an Independent Government Agency?

An independent agency of the United States Federal Government is a department or organization that exists outside of the federal executive departments or those headed by a Cabinet secretary. In a more specific sense, the term Independent Government Agency, is used to describe agencies that, while constitutionally operating within the executive branch, are free from presidential authority or control, as a result of the President’s limited membership within the agency.

Independent government agencies are established through separate statutes passed by the United States Congress; each respective statutory grant of authority will define the goals or mission that the agency must work towards, in addition to the substantive areas, if applicable, over which the Independent Agency may have the power of rulemaking. These agency regulations, when enforced, maintain the power of federal law.

What is the Federal Mine Safety and Health Review Commission?

The Federal Mine Safety and Health Review Commission is an independent adjudicative agency of the United States Federal Government responsible for providing administrative trial and appellate review of legal disputes which specifically arise under the regulations and statutes outlined under the Federal Mine Safety and Health Amendments Act, better known as the Mine Act of 1977.

What is the In Q Tel?

The In Q Tel is a non-profit venture capital firm that invests in high-tech companies for the sole purpose of equipping the Central Intelligence Agency with the most updated and technologically-advanced equipment in the world. In summation, In Q Tel is responsible for supporting the United States’ intelligence capability through investment.

Originally called Peleus, In Q tel was formally launched in 199 under the direction of Gilman Louie. As it is maintained now, the mission of In Q Tel is to identify and invest in companies who develop cutting-edge technologies that serve the nation’s security interests.

What is the Commission on Civil Rights?

The Commission on Civil Rights is an independent government agency of the United States Federal Government responsible for investigating, reporting on and subsequently making recommendations concerning civil rights issues that face the nation.

The Commission on Civil Rights, as an organization, is composed of eight Commissioners; four of which are appointed by the President of the United States, two by the President Pro Tempore of the Senate and two by the Speaker of the House of Representatives.

The Commission of the Civil Rights was created by the Civil Rights Act of 1957, which was formally signed into law by then President Dwight Eisenhower. The legislation was enacted in response to a recommendation by an ad hoc President’s Committee on Civil Rights. Following the formation of the ad hoc committee, a permanent organization was created and subsequently re-organized and re-configured by the passing of the United States Commission on Civil Rights Acts of 1983 and 1991 and the Civil Rights Commission Amendments Act of 1994.

When created, the first responsibility of the Commission on Civil Rights was investigating the presence of racial discrimination in voting rights in Montgomery, Alabama. As a result of their functions and general responsibility, the Commission on Civil Rights is often referred to as a “Civil Rights Watch Dog” that in essence, aims to ensure that the federal government is enforcing civil rights laws fairly and evenhandedly.

How is the Commission on Civil Rights Organized?

The Commission on Civil Rights, as stated before, is run by eight commissioners who serve six-year staggered terms. To keep a bipartisan feel no more than four Commissioners of the Commission on Civil Rights can be of the same political party. In addition, neither the two Senate appointees nor the two House appointees may be of the same political party.