Your monthly statement provides a snapshot of your financial transactions and account activity, including deposits, withdrawals, Debit Card transactions, and checks that have cleared your account. ational Credit Union Administration (NCUA) NCUA is an independent agency of the United States Government. It regulates, charters, and insures the nation's federal credit unions. In addition, NCUA insures state-chartered credit unions which desire and qualify for federal insurance.
Also sometimes termed as a monthly service fee, it represents the small fee that is required to provide account maintenance, statement mailings, ACH transfers, 24-hour help desk, etc.