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Deposit Insurance

Your deposits are federally insured up to at least $250,000.

NCUA Overview

The National Credit Union Administration, commonly referred to as NCUA, is an independent agency of the United States government that regulates, charters and supervises federal credit unions. NCUA also operates and manages the National Credit Union Share Insurance Fund (NCUSIF). Backed by the full faith and credit of the U.S. government, the NCUSIF insures the accounts of millions of account holders in all federal credit unions and the vast majority of state-chartered credit unions.

Basic Coverage

The standard share insurance amount is $250,000 per share owner, per insured credit union, for each account ownership category. These accounts include savings, checking, money market accounts, and share certificates. Additionally, a member’s interest in all joint accounts combined is insured up to $250,000. 

Individuals with account balances totaling $250,000 or less at the same insured credit union are fully insured.

If a person has more than $250,000 at any single credit union, several options are available for additional share insurance coverage as NCUSIF provides separate insurance for other accounts. To learn more about additional share insurance coverage, check out NCUA’s How Your Accounts Are Federally Insured brochure or Share Insurance Coverage Overview one-pager. 

Share Insurance Estimator

Are your deposits covered? Use the NCUA Share Insurance Estimator to determine what, if any, portion of your deposits exceeds coverage limits. This interactive site allows users to input data to compute the amount of NCUSIF coverage available under different account scenarios.

Additional Resources