Your Money at UCCU is Insured by the NCUA
Your money deposited into UCCU accounts is insured up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF). This fund is administered by the National Credit Union Administration (NCUA). Because UCCU is a federal credit union, your money is backed by the full faith and credit of the United States government, similar to the FDIC’s Deposit Insurance Fund.
In other words: your money is safe at UCCU.
To learn more about how Your Money at UCCU is Insured by the NCUA, the NCUSIF, or how you’re protected, visit MyCreditUnion.gov
You can also read over our blog Understanding the Importance of Federally Insured Credit Unions by NCUA. This blog goes over Federal insurance for credit unions, overseen by the National Credit Union Administration (NCUA). They provide crucial protection for members’ deposits up to $250,000. The NCUA manages the National Credit Union Share Insurance Fund, ensuring financial stability and also member confidence. This insurance also covers various account types, excluding investments like stocks and mutual funds. Federally insured credit unions offer benefits such as competitive rates and community focus, while dispelling misconceptions about the reliability and scope of their insurance coverage.
To calculate the amount of insured funds you have at UCCU, use the NCUA’s Share Insurance Estimator.
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