Federally insured by the NCUA- NCUA National Credit Union Association

How can I be sure that my credit union is federally insured by the NCUA (and not privately insured)?

Look for the NCUA insurance sign. All federally-insured Credit Unions must prominently display the logo in their branches and on their website. And credit unions cannot end their federal insurance agreement without first notifying their members.

How are my deposits covered by NCUA?

NCUA has a free tool – their Share Insurance Estimator – which helps you see how your deposits are covered.
Share Insurance Estimator
N Y TEAM – Charter Number: 19216

Know your funds are safe and secure, backed by the complete confidence of the National Credit Union Administration (NCUA) – an independent United States government agency dedicated to protecting credit unions and our members.

All your deposits with us are federally insured by the NCUA up to $250,000. Visit http://www.NCUA.gov to learn more.

Information from: mycreditunion.gov/share-insurance

Is my money safe in a credit union?

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 majority of state-chartered credit unions are covered by National Credit Union Share Insurance Fund (NCUSIF) protection. Not one penny of insured savings has ever been lost by a member of a federally insured credit union.

Federally insured credit unions offer a safe place for you to save your money, with deposits insured up to at least $250,000 per individual depositor. The National Credit Union Administration (NCUA) is the independent agency that administers the NCUSIF. Like the FDIC’s Deposit Insurance Fund, the NCUSIF is a federal insurance fund backed by the full faith and credit of the United States government.

Here are additional resources on NCUA insurance & how it works:




The National Credit Union Administration’s (NCUA) Share Insurance Estimator lets consumers, credit unions, and their members know how its share insurance rules apply to member share accounts—what’s insured and what portion (if any) exceeds coverage limits.

“Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.”