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.