Share Insurance Toolkit for Consumers

  • Section 1 thumbnail Is My Credit Spousal relationship Federally Insured and How Do I Know?

    All federally insured credit unions must prominently brandish the official NCUA insurance sign shown beneath at each teller station and where insured account deposits are commonly received in its principal place of business and in any of its branches. Federally insured credit unions are also required to display this official sign on its Internet folio, if any, where they have deposits or open accounts. A credit union may non finish its federal insurance without outset notifying members.

    NCUA Logo

    Federally Versus Privately Insured Credit Unions

    Federally Insured Credit Unions

    Federally chartered credit unions are regulated by the National Credit Union Administration and insured by the National Credit Wedlock Share Insurance Fund (NCUSIF), which is backed by the total faith and credit of the United States government. Established by Congress in 1970 to insure member share accounts at federally insured credit unions, NCUSIF is similar to deposit insurance coverage provided by the Federal Deposit Insurance Corporation.

    Privately Insured Credit Unions

    Some deposits at state-chartered credit unions are insured by private insurers. These individual insurers provide non-federal share insurance coverage of deposits that are non backed past the total faith and credit of the Usa government.

    You can tell if your credit union is federally insured by NCUA by searching for a credit union in Find a Credit Matrimony.  In addition, credit unions must brandish in their offices the official NCUA insurance sign. All federal credit unions must exist insured by NCUA, and no credit matrimony may finish its federal insurance without first notifying its members.

    Federal vs. State-Chartered Credit Unions

    Federal Credit Union: NCUA regulates and insures federal credit unions.  A federal credit union can adopt a trade name for use in advertising simply its official lease name, which must have the word "federal credit spousal relationship" in it, must be used in all official or legal communications or documents.

    State-Chartered Credit Spousal relationship: State-chartered credit unions are regulated past the state supervisory say-so where the credit union'southward main office is located and may or may non be insured by NCUA.

    Share Insurance Fund Overview

    The Share Insurance Fund is backed by the full faith and credit of the United states of america. Credit union members have never lost a penny of insured savings at a federally insured credit union. The Share Insurance Fund maintains at or well-nigh 1.30 percent of federally insured credit union deposits. By constabulary, federally insured credit unions maintain i percent of their deposits in the Share Insurance Fund, and the NCUA Board can levy a premium if necessary.

    Share Insurance Toolkit for Credit Unions

    This toolkit contains a variety of helpful resources for credit unions about NCUA's Share Insurance Fund Program.

  • Section 2 thumbnail Share Insurance Estimator

    Calculate the amount of your insured funds at a federally insured credit union using NCUA's Share Insurance Estimator. The figurer can be used for personal, business or government accounts. Personal accounts include private ownership, joint ownership, payable-on-death (accounts with named beneficiaries), living trusts and IRAs.

    The Reckoner as well includes an extensive Glossary of Terms and Frequently Asked Questions.

  • Section 3 thumbnail Share Insurance Videos

    View three videos illustrating NCUA's share insurance coverage.

    Share Insurance Overview

    Share Insurance Figurer

    Share Insurance Account Ownership Types

  • Section 4 thumbnail Share Insurance Publications

    View, print, or download one of the below NCUA Share Insurance publications (in English or in Spanish).

    Share Insurance Coverage Overview

    This 1-page flyer is like shooting fish in a barrel to follow and highlights the basic share insurance coverage provided by NCUA for diverse business relationship ownership types.

    Share Insurance Coverage Overview (English)

    English SPANISH

    How Your Accounts Are Federally Insured

    This easy to follow two folio pamphlet highlights bones share insurance coverage provided past NCUA for various account types.

    How your accounts are federally insured (English)

    ENGLISH Castilian

    Your Insured Funds

    This multi-folio booklet provides a more than in-depth look at NCUA's Share Insurance coverage and includes examples to help you lot understand the protection provided.

    Your insured funds (English)

    English language Castilian

  • Section 5 thumbnail Find a Credit Union in Your Area

    Map of the United States with pins on it

    NCUA's Credit Matrimony Locator identifies federally insured credit marriage branches well-nigh you.

    Search a credit union by address, credit union name or charter number. Select a credit union from your search results and view bones information, such every bit the location of a credit union co-operative with a drive- through or an ATM.

    As well, view details most credit unions, including their accost, phone number, website and directions to their branches.

    If you want to bring together a specific credit union, visit their website and look for wording on membership eligibility, how to join or how to get a member.

    Browse the Credit Wedlock Locator's companion tool, Research a Credit Union for detailed information about a federally insured credit spousal relationship.

Is my money safe in a credit spousal relationship?

Credit unions encourage their members to save regularly to build economic security for themselves and their families.

Deposits at all federal credit unions and the vast bulk of state-chartered credit unions are covered by National Credit Union Share Insurance Fund (NCUSIF) protection. Non 1 penny of insured savings has ever been lost by a fellow member of a federally insured credit union.

Federally insured credit unions offer a rubber place for you to salvage your coin, with deposits insured up to at least $250,000 per individual depositor. The National Credit Union Administration (NCUA) is the independent bureau that administers the NCUSIF. Similar the FDIC's Deposit Insurance Fund, the NCUSIF is a federal insurance fund backed by the total faith and credit of the Us government.

For questions about the NCUA's share insurance coverage, phone call ane.800.755.1030, choice 1, Monday through Friday, 8 a.m. to 5 p.m. Eastern, or transport an electronic mail to DCAmail@ncua.gov. This toolkit contains a variety of helpful resource for credit unions regarding the Share Insurance Fund.