University Credit Union works hard to maintain a safe and strong financial institution for all members. UCU does not invest in risky loans or other non-consumer friendly ventures. It invests primarily in YOU and your fellow member owners, in the form of prudent loans which are repaid on a timely basis.
One of the added measures that UCU offers is an abundance of share insurance. We want our members to have peace of mind that their deposits will be safe through any kind of economic climate. Our large insurance coverage also allows members to deposit larger sums of money at the credit union, knowing that they will be covered to the insured limit.
Shares Insured to $250,000, IRAs to $250,000!
Your regular share deposits are insured up to $250,000 and IRAs are insured separately to $250,000 by the National Credit Union Administration (NCUA).