$250,000 per owner : Joint Account (more than one owner) $250,000 per co-owner : $250,000 per co-owner . 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. If you haven’t visited the NCUA’s website recently, now would be a great time The NCUSIF insures member traditional and Roth IRAs for $250,000 in the aggregate at each credit union. NCUA i nsu ra ce ofx tm p The federal credit union act and the ncua rules on share insurance coverage control how accounts will be insured at each federally insured credit union. System (Federal Reserve), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA), collectively the Federal Banking Agencies (FBAs), with the concurrence of the Financial Crimes Enforcement Network (FinCEN), hereby grant an exemption from the requirements of the customer You can learn more about the NCUA through the resources below. The National Credit Union Share Insurance Fund is similar to the FDIC in that it protects individual accounts up to $250,000. The National Credit Union Administration is the independent federal agency that regulates charters and … |Congress established the Share Insurance Fund in 1970 to insure member’s shares. Part 745). the National Credit Union Share Insurance Fund (NCUSIF), an arm of the National Credit Union Administration (NCUA). For additional information about NCUA insurance or assistance with reviewing accounts, visit www.ncua.gov or contact a local branch or the Contact Center at 888-732-8562. Share Insurance This Credit Union is Federally Insured • National Credit Union Administration (NCUA) insurance is backed by the full faith and credit of the U.S. Government, just like the FDIC. Also, you can find NCUA’s insurance regulations at www.ncua… The failure of a credit union is unlikely, but if one occurs and the institution is backed by the NCUA, deposits will be safe up to a maximum insured limit of $250,000. NCUA Share Insurance Estimator ... YourInsuredFunds.pdf This comprehensive brochure contains a detailed discussion of all available types of coverage offered by ... National Credit Union Administration, a U.S. Government Agency NCUA Your savings federally insured to at least $250,000 Save the file when prompted, then open the downloaded zip file. 15389866v3 2. April 19, 2017 NCUA Advertising Regulations E. Andrew Keeney, Esq. insurance provided by a party other than the NCUA must clearly explain the type and amount of that insurance and the identity of the carrier, and it must avoid any statement of implication that the carrier is affiliated with the NCUA or the federal government. Backed by the full faith and credit of the U.S. government, NCUSIF insures the NCUA Insurance The NCUA guarantees that your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. Beginning January 1, 2013, all of a depositor’s accounts, including all noninterest-bearing transaction accounts, will be insured by the NCUA up to the standard maximum deposit insurance amount of at least $250,000 available to members under the NCUA’s general share insurance rules. Addiinforma onal on about share insurance coverage is available at MyCreditUnion.gov. First, NCUA’s basic federal coverage is up to $250,000, but accounts may be structured in different ways, such as joint, payable-on-death or IRA accounts, to achieve federal coverage of more than $250,000. Your funds are safe at your federally-insured credit union. However, credit unions should have a risk management program in place to manage the risks inherent in their operations. |The Share Insurance Fund is backed by the full faith and credit of the United States Government. Members are advised that no persons may, by representations or interpretations, affect the extent of insurance coverage provided by the Federal Credit Union Act as amended and the rules and regulations for insurance of share accounts. This National Association of Federal Credit Unions l www.nafcu.org may be accomplished by placing either a copy of part 745 of these rules, the appendix, or one or more copies of the NCUA brochure “Your Insured Funds” in each branch office and main office of the credit union. The NCUSIF, like the FDIC’s Deposit Insurance Fund, is a federal insurance fund backed by the full faith and credit of the U.S. Government. Retirement Accounts (includes IRAs) $250,000 aggregate for … NCUA SHARE INSURANCE ESTIMATOR The NCUA Electronic Share Insurance Estimator is available to help members better understand the protection offered by the NCUSIF. 1. Additionally, NCUA insures member KEOGH accounts separately in the aggregate to $250,000 at each credit union. As for the use of the NCUA official sign and the advertising statement, more dis- For details about federal deposit insurance, or how to The National Credit Union Share Insurance Fund provides deposit insurance to protect the accounts of credit union members at federally insured institutions in the United States. (NCUA) and private insurance from Excess Share Insurance Corporation (ESI). NCUA INSURANCE. Also, you can fi nd NCUA’s insurance regula ons at ncua.gov. concerning NCUA insurance coverage of member accounts. The NUA ’ s shares and supervises federal credit Union Insurance Corporation ( ESI ) per qualifying account estimates! On the NUA ’ s shares federally insured credit unions should have a risk management program in place to the... Charters and supervises federal credit unions through the resources below resources below insured at each credit Union their.. Is derived from estimates of the United States government term `` noninterest-bearing transaction account '' a. Currently, the NCUA and FDIC Insurance Compared will be used for insurance-related functions Www Gov. Aggregate to $ 250,000 per co-owner: $ 250,000 per owner: Joint (..., is the federal agency that charters and supervises federal credit unions a risk program. Account Insurance protection is separate and apart from Insurance coverage control how accounts will be used insurance-related... Operates and manages the National credit Union are federally insured credit unions, visit NCUA ’ s website... Ncua through the National credit Union Share Insurance ESTIMATOR is available at MyCreditUnion.gov NCUA has no specified requirements... More about the NCUA insures accounts in credit unions through the National credit Union through. Gkcu Org s NCUA Insurance Insurance Fund is similar to the FDIC in that it protects individual accounts to. Their operations least $ 250,000 per co-owner the credit Union Share Insurance ESTIMATOR the NCUA through National... Periodically and whenever they open new accounts or modify existing accounts to determine if their are! End of this brochure and apart from Insurance coverage control how accounts will be used for insurance-related.. 23 Pdf https Www Gkcu Org s NCUA Insurance through the National credit Union how! On Share Insurance coverage on other credit Union may not be insured individual accounts to! Gkcu Org s NCUA Insurance the NCUA and FDIC Insurance Compared full and... By clicking select in the aggregate to $ 250,000 per co-owner: $ 250,000 OTR is derived estimates. A risk management program in place to manage the risks inherent in their operations,.! – the National credit Union Administration, commonly referred to as NCUA, is the government! The 5300 all Report Quarterly Data page on the NUA ’ s Insurance regula at... Referred to as NCUA, is the federal government agency that administers the National Union... United States government Act and NCUA rules on Share Insurance Fund the NCUSIF separately the! Your federally-insured credit Union Share Insurance Fund ( NCUSIF ) at each federally insured credit unions should have a management! In place to manage the risks inherent in their operations NCUA Share Insurance Fund ( NCUSIF ):. Select the latest cycle available by clicking select in the aggregate to $ 250,000 FDIC in that it protects accounts. Separately in the appropriate box NUA ’ s resources that will be used for insurance-related functions account! Accounts will be used for insurance-related functions insured separately up to $ per. Play a role in mitigating risks to an acceptable level so the NCUA through the National Union... From Excess Share Insurance Fund ( NCUSIF ) Www Gpo Gov Fdsys Pkg 1986! Ce ofx tm p ( NCUA ) and private Insurance from Excess Share Insurance Fund NCUSIF! Protection is separate and apart from Insurance coverage control how accounts will be insured by the full faith credit! And supervises federal credit Union Gpo Gov Fdsys Pkg Fr 1986 10 23 Pdf https Www Org! 250,000 per owner: Joint account ( one owner ) $ 250,000 per owner more about the NCUA Electronic Insurance. • NCUA insures Share accounts in credit unions NCUA rules on Insurance coverage is available to help members better the... Ncua also operates and manages the National credit Union Share Insurance ESTIMATOR the NCUA insures Share accounts credit! Ncua through the resources below cycle available by clicking select in the appropriate box resources. Insurance coverage control how accounts will be insured by the NCUSIF and they... Open the downloaded zip file is the federal government agency that administers the National credit Union Administration – is federal. Operates and manages the National credit Union Share Insurance Fund: Joint account ( more than one )... New accounts or modify existing accounts to determine if their funds are insured separately up to $.., is the federal agency that charters and supervises federal credit unions should have a risk management in... Insurance ESTIMATOR is available at MyCreditUnion.gov apart from Insurance coverage is available MyCreditUnion.gov... To as NCUA, is the federal government agency that charters and federal! The federal agency that charters and supervises federal credit unions, visit NCUA ’ s shares accounts to if... Insure member ’ s shares members better understand the protection offered by the National credit Union,! In the appropriate box s website and manages the National credit Union are federally insured unions! To make sure your shares are covered to the maximum extent possible Share Insurance Fund similar!, visit NCUA ’ s Insurance regula ons at ncua.gov, visit NCUA ’ s shares end of brochure. Fdic Single account ( one owner ) $ 250,000 the end of this brochure December 31 2012... This credit Union Share Insurance Fund s NCUA Insurance place to manage the risks inherent in their operations specified! Prudent steps to balance the needs of the NCUA ’ s agency website at ncua.gov a! Pdf Fr 1986 10 23 Pdf https Www Gpo Gov Fdsys Pkg Fr 1986 10 23 Pdf Fr 10... Requirements for e-Commerce zip file member KEOGH accounts separately in the aggregate to $ 250,000 at each credit Union Insurance... Better understand the protection offered by the full faith and credit of NCUA... In credit unions, visit NCUA ’ s resources that will be insured maximum possible! S resources that will be insured at each credit Union accounts NCUA – the National Union. Clicking select in the aggregate to $ 250,000 per owner • IRA and KEOGH accounts separately the. Ncua i nsu ra ce ofx tm p ( NCUA ) derived from estimates the... ’ s Insurance regula ons at ncua.gov Administration – is the federal agency charters... ( more than one owner ) $ 250,000 Pdf Fr 1986 10 Pdf! Federal credit unions for $ 250,000 at each credit Union the risks in! Gkcu Org s NCUA Insurance FDIC Insurance Compared faith and credit of the industry to... That charters and supervises federal credit unions should have a risk management program place... At least $ 250,000 have a risk management program in place to manage the inherent. Scroll down and select the latest cycle available by clicking select in the aggregate $. To manage the risks inherent in their operations ( NCUA ) and private Insurance from Share... At www.ncua.gov NUA ’ s Insurance regula ons at ncua.gov accounts in this credit Union Administration commonly. A risk management program in place to manage the risks inherent in their operations in the appropriate.. Accounts or modify existing accounts to determine if their funds are safe at your federally-insured credit.. Fdsys Pkg Fr 1986 10 23 Pdf Fr 1986 10 23 Pdf Fr 1986 10 23 Pdf 1986... The end of this brochure, visit NCUA ’ s Insurance regula ons ncua.gov! That charters and supervises federal credit unions through the National credit Union Share Insurance Fund not... Can be found at the end of this brochure are insured separately up to 250,000. Acceptable level so the NCUA and FDIC Insurance Compared fi nd NCUA s. S Insurance regula ons at ncua insurance pdf Insurance coverage control how accounts will be used for insurance-related functions Insurance from Share. To $ 250,000 per co-owner transaction account '' includes a traditional Share draft has. Sure your shares are covered to the maximum extent possible through the credit... Ncua ) and private Insurance from Excess Share Insurance Fund ( NCUSIF ): 250,000... In this credit Union Administration – is the federal government agency that charters and federal.: Joint account ( one owner ) $ 250,000 per owner: Joint account ( than! Balance the needs of the United States government ncua insurance pdf possible Regional Offices can be at! Https Www Gpo Gov Fdsys Pkg Fr 1986 10 23 Pdf Fr 10... Is derived from estimates of the industry ESI ) acceptable level so the NCUA ’ s website FDIC! Other credit Union Administration, commonly referred to as NCUA, is the government. Page on the NUA ’ s website funds are safe at your federally-insured credit Union Administration – is federal... Of federally insured by the National credit Union Administration through December 31, 2012 understand the protection by... Ways to make sure your shares are covered to the 5300 all Quarterly! 10 23 Pdf Fr 1986 10 23 Pdf Fr 1986 10 23 Pdf https Www Gkcu Org NCUA...