NCUA Insurance Coverage
The NCUA insures accounts in federally insured credit unions through the National Credit Union Share Insurance Fund. The NCUA insures share accounts for up to $250,000 per qualifying account. Members can maximize their insurance coverage by setting up different types of accounts.
Business accounts are insured separately from the individual accounts of their partners, stockholders, and members, except sole proprietorships are considered individual accounts.
For more information about NCUA insurance coverage, visit https://www.mycreditunion.gov/sites/default/static-files/insured-funds-brochure.pdf.