Find Out How NCUA Insurance Protects You
All share accounts are federally insured to at least $250,000 by the National Credit Union Administration (NCUA). IRAs are insured separately up to $250,000.
Independent Performance Reviews
We have multiple layers of independent performance review: We are examined by the National Credit Union Administration as overseers of the federal insurance fund, we are also examined by the California Department of Financial Institutions since we are state-chartered, and we annually engage an outside CPA firm to assess accounting practices and report to the volunteer Supervisory Committee as representatives for the membership.
National Credit Union Share Insurance Fund
The NCUA is the federal agency that charters and supervises federal credit unions. It also insures savings in federal and most state-chartered credit unions across the country through the National Credit Union Share Insurance Fund (NCUSIF), a federal fund backed by the full faith and credit of the United States government. The NCUA covers credit unions just as the FDIC covers banks. Taxpayer dollars have never been used to bail out a credit union.
For More Information
These helpful resources contain additional details on your share insurance coverage and the stability of the National Credit Union system: