"Your Insured Funds" NCUA brochure - North Island Credit Union

The Naonal Credit Union Administraon
(NCUA) operates the Naonal Credit Union Share
Insurance Fund (NCUSIF) to protect accounts at
federally insured credit unions up to $250,000.
The $250,000 in coverage applies to each share
owner, per insured credit union, for each account
ownership category.
This booklet provides examples of insurance
coverage under NCUA’s rules.
Because the scope of this booklet is limited,
credit union members should contact their
federally insured credit unions or NCUA’s Office of
Consumer Protecon for further share insurance
coverage details about situaons not addressed in
this booklet.
Contact informaon for the Office of Consumer
Protecon is available on the back cover of this
booklet. Members or their counsel may also
wish to consult the NCUA Rules and Regulaons
relang to share insurance coverage published
in the Code of Federal Regulaons (12 C.F.R.
Part 745). Also, you can find NCUA’s insurance
regulaons at ncua.gov. Addional informaon
about share insurance coverage is available at
MyCreditUnion.gov.
The Federal Credit Union Act and NCUA rules on
share insurance coverage control how accounts
will be insured at each federally insured credit
union. No persons may imply a federally insured
credit union can offer coverage that differs from
this formal structure.
Also, members should review their accounts
periodically and whenever they open new
accounts or modify exisng accounts to ensure
that all their funds remain insured.
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