ncua insures the following

The NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions.

Usually, bank websites indicate on the bottom of the home page if it’s a member of the FDIC.

The FDIC will not insure other financial products that might be offered by your bank.Here’s a simple guide to help you remember what’s FDIC-insured and what’s not FDIC-insured:You might be surprised to learn that banks aren’t required to have FDIC insurance. Federally insured credit unions are required to display the official NCUA insurance sign within their branches and on their websites. The insurance coverage the NCUA provides through the NCUSIF is practically the same as the FDIC. The Federal Deposit Insurance Corporation is an independent government insurance agency that protects customers’ deposits in banks and thrift institutions in case of bank failures. FDIC bankers’ insurance covers all deposit accounts, including checking, The National Credit Union Share Insurance Fund is similar to the FDIC in that it protects individual accounts up to $250,000. The NCUSIF insures traditional and Roth IRAs for $250,000 in the aggregate at each credit union. One difference with NCUA insurance, though, is that it covers regular shares and share draft accounts, which … Credit union members have never lost a penny of insured savings at a federally insured credit union. Accessibility, Limited English Proficiency & Exit StatementImplementation of the NCUA’s Regulatory Reform AgendaCollection of Examination & Supervision InformationNotice of Change in Official or Senior Executive OfficerElectronic Loan, Deposit & Investment Data CollectionFinancial Trends in Federally Insured Credit UnionsFrequently Asked Questions on the Low-Income Designated Area WorkbookFrequently Asked Questions on the Loss & Retention of the Low-Income DesignationCommunity Development Revolving Loan Fund Financial ReportsCorporate Asset Management Estate Recoveries & ClaimsResponding to the Collapse of the New York City Taxi Medallion MarketFrequently Asked Questions on the NCUA’s Sale of Its Taxi Medallion PortfolioFrequently Asked Questions about Taxi Medallion Lending and the NCUA’s Supervision and Response to the Medallion Market CollapseDeposits Are Safe in Federally Insured Credit Unions

Additional information on NCUA share insurance coverage for consumers is available at Credit union members can calculate the amount of insured funds at a federally insured credit union using For questions about the NCUA’s share insurance coverage, call 1.800.755.1030, option 1, Monday through Friday, 8 a.m. to 5 p.m. Eastern, or send an email to The NCUA is also reminding individuals to remain vigilant against The NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. NCUA Instruction 5000.20, Examination Scope, details the review areas to assess strategic risk for the defined-scope SCUEP and the RFE Program. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The RFE baseline review areas include certain credit union operations, programs and services, concentrations of risk, policies and procedures, and other areas of elevated risk in the credit union industry.

About NCUA Created by the U.S. Congress in 1970, the National Credit Union Administration is an independent federal agency that insures deposits at federally insured credit unions, protects the members who own credit unions, and charters and regulates federal credit unions.

Coverage Limits by Account Category As long as your financial institution is insured by the FDIC, which insures bank accounts, or NCUA, which insures credit union accounts, the coverage limits available from either federal agency will be the same, which is currently $250,000 per depositor, per financial institution (not per branch location).

All deposits at federally insured credit unions are protected by the National Credit Union Share Insurance Fund, with deposits insured up to at least $250,000 per individual depositor. NCUA insurance covers all types of member shares received by a credit union including: Share draft accounts (aka "checking accounts").