Are deposits with the credit union insured?

Yes, deposits are insured by the National Credit Union Association, NCUA. Deposits are insured for up to $250,000 per member. Credit Union members can use the NCUA share insurance estimator at MyCreditUnion.gov/estimator to better understand their coverage.

NCUA insurance differs from traditional deposit insurance because it is funded by the credit unions themselves and is believed to be a much safer and healthier insurance fund.

You have requested an external link.

 By clicking this link, you are leaving SouthPoint’s website and entering a website hosted by another party. We do not operate this site, nor are we responsible for its content. Please review the privacy and security policies of the site you are entering, as they may differ from those practiced by the credit union.

Cancel Accept