Investing in Cash
Banks and Credit Unions
Is my money safe in a credit union?
Yes, through the protection of the federal government’s National Credit Union Share Insurance Fund, each depositor is insured up to $250,000 for individual accounts and $500,000 for a joint account. This fund protects all depositors across the United States, and ensures that every depositor will be paid up to the maximum in case the credit union ever becomes insolvent.