NCUA Insurance
Credit Unions displaying the NCUA symbol are insured by the National Credit Union Share Insurance Fund (NCUSIF), an arm of the National Credit Union Administration (NCUA). NCUSIF coverage works much like the insurance for depositors in banks or savings and loan associations (known as FDIC). If your credit union should ever become insolvent and have to liquidate, this coverage assures that your savings will be paid in full - up to $250,000 per depositor. Individual Retirement Accounts (IRA) are insured for up to an additional $250,000.00.
TO DATE, NO MONEY HAS BEEN LOST BY A MEMBER OF A FEDERALLY-INSURED CREDIT UNION.
