Search results
Results from the WOW.Com Content Network
For all federal credit unions and most state-chartered credit unions, the NCUSIF provides up to $250,000 in coverage for each single ownership account. How does NCUA insurance work?
The National Credit Union Administration (NCUA) is an American government-backed insurer of credit unions in the United States, one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the Federal Deposit Insurance Corporation (FDIC), which insures commercial banks and savings institutions.
The Share Insurance Estimator, NCUA's interactive site which allows users to input data to compute the amount of Share Insurance Fund coverage available under different account scenarios, and; NCUA's share insurance publications How Your Accounts Are Federally Insured and Your Insured Funds. Both publications are available in English and Spanish.
The NCUA and FDIC offer the same amount of coverage for deposit accounts. Both provide standard deposit insurance of $250,000 per individual depositor, per insured institution.
This is a partial list of credit unions in the United States.. A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members. [1]
For premium support please call: 800-290-4726 more ways to reach us
Coverage limit Coverage Valid since Deposit insurance organization Comments and previous amounts Belgium: EUR 100,000 [nb 1] 100%: Fonds de Protection / Beschermings Fonds / Protection Fund [14] Previously EUR 20,000 before 2009. Bulgaria: EUR 100,000: 100%: 31 December 2010: Bulgarian Deposit Insurance Fund: EUR 51,129 effective 15 April 1998
The standard insurance coverage is currently $250,000 per owner or depositor for single accounts or $250,000 per co-owner for joint accounts. [7] [8] Some institutions use a private insurance company instead of, or in addition to, the federally backed FDIC or NCUA deposit insurance.