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Show its territories and posses-, sions. Equally important, NCUA manages the Federal Share Insurance Program, which insures members savings sav-ings accounts in Federal Credit Unions and state chartered Credit Unions which qualify and apply for coverage. The National Credit Union Share Insurance Fund insures member accounts up to $40,000. As of June 30, 1976, the F ederal C redit Union system had more than 17.5 million members, with total assets of nearly $23 billion. The Utah Credit Union League presented Usher Wilcook, as a representative of the Credit Union, abeauti-ful abeauti-ful plaque commorating the 25 years of continuous service serv-ice to the members, at the annual convention banquet held in Salt Lake City. The plaque is now on display in the Credit Union office. NUCA AWARD GIVEN TO LOCAL CREDIT UNION Administrator, Herman Nickerson, Jr., National Credit Union Administration, Administra-tion, presented the NCUA Milestone Award to the Milford Mil-ford Railroad Employees F ederal C redit Union on June 7, 1976. The award was made in recognition of 25 years of dedicated service to the membership on the part of the Credit Union's volunteer officials and its employees. The Milford Railroad Employees Em-ployees Federal Credit Union, originally chartered in 1951, is located in the UP Railroad Depot. The Credit Union now boasts 567 members and assets of approximately ap-proximately $700,000.00. The National Credit Union Administration (NCUA), is an independent agency in the executive branch of the federal fed-eral government; its mission includes the chartering, examination ex-amination and supervision of Federal Credit Unions throughout the United States, |