NCUA Share Insurance

NCUA Share Insurance

  • Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.
  • Independent U.S. Government agency that regulates, charters and insures the nation’s federal credit unions
  • Credit Union shares are insured by the National Credit Union Share Insurance Fund (NCUSIF)
  • Not one penny of insured savings has ever been lost by a member of a federally insured credit union
  • The fund is currently at the strongest and best-reserved level in its history
  • Individual Retirement Accounts (IRAs) are insured separately from regular share accounts to $250,000.


All funds in a “noninterest-bearing transaction account” are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA’s general share insurance rules.

The term “noninterest-bearing transaction account” includes a traditional share draft account (or demand deposit account) on which the insured credit union pays no interest or dividend. It does not include any transaction account that may earn interest or dividends, negotiable order of withdrawal (“NOW”) account, money-market deposit account, and Interest on Lawyers Trust Account (“IOLTA”), even if share drafts may be drawn on the account.

For more information about NCUA share insurance coverage, including illustrative examples that you can apply to your situation, click here.

Another valuable resource for share insurance is the NCUA share insurance information page.