Your Funds are Insured!
Just like the Federal Deposit Insurance Corporation (FDIC), credit unions are insured by a federal government fund - the National Credit Union Share Insurance Fund (NCUSIF) that provides the same level of insurance. This fund is backed by the full faith and credit of the U.S. Government and is managed by the National Credit Union Association (NCUA). With the signing of the Emergency Economic Stabilization Act on Oct. 3rd, 2008, deposits are now insured up to $250,000 per member.
We encourage you to be an informed member, and as such, we have developed this resource site that includes information from our regulator, the NCUA, and our industry association, the Credit Union National Association (CUNA). These resources provide more detailed information as to the level of insurance you may receive as a credit union member depending on how your account ownerships are structured. We will continue to update these resources and provide you with the most accurate and timely information regarding your insured funds.