University Credit Union share deposits are federally insured through the National Credit Union Administration (NCUA) in the National Credit Union Share Insurance Fund (NCUSIF). The fund is backed with the full faith and credit of the United States Government. Share accounts in federally insured credit unions are insured up to $250,000, IRA’s are insured separately to $250,000.
Full informational resources at the NCUA:
- NCUA Home Page
- Share Insurance Coverage
- Share Insurance Estimator
- “Your Insured Shares” — NCUA information booklet (PDF)
- NCUA FAQ
If you would like some additional information about the NCUSIF, please contact us.