NCUA Share Insurance
TEXAR is regulated by the National Credit Union Administration (NCUA), an independent agency of the US government, that automatically insures account holder’s savings/share accounts up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF).
How does the National Credit Union Administration (NCUA) protect my money?
The NCUA is the independent federal agency that administers the National Credit Union Share Insurance Fund. Credit unions that are federally insured by the NCUA offer a safe place for you to save your money, with deposits insured up to $250,000 per individual depositor.
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How do I know TEXAR is covered?
Look for the NCUA share insurance sign pictured below or use the NCUA Credit Union Locator to find a federally insured credit union.
What are my share insurance coverage limits?
The standard share insurance amount is $250,000 per share owner, per insured credit union, for each account ownership category.
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Where can I get more information about share insurance?
Visit the NCUA’s YouTube channel to access videos on NCUA’s share insurance coverage and how to use the NCUA Share Insurance Estimator to calculate your coverage.