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NCUA vs FDIC

Share Insurance

How does NCUA and FDIC deposit insurance compare?

Single, Joint and Retirement Account Comparison

Single Account, 1 Owner

Joint Account, Multiple Owners

Retirement Accounts, includes IRAs

  • NCUA.gov

    $250,000 aggregate for Roth, Traditional and Keogh; All IRA coverage is separate in addition to coverage for other credit union accounts. 

  • FDIC.gov

    $250,000 per owner

Share Insurance Estimator

Use NCUA’s online Share Insurance Estimator to determine how the share insurance rules apply to your member accounts-what’s insured and what portion (if any) exceeds coverage limits.

Learn More

Revocable Trusts, Business and Government Account Comparison

Revocable Trusts

  • NCUA.gov

    $250,000 per owner per beneficiary up to 5 beneficiaries (Coverdell Education Savings Accounts insured in this category)

  • FDIC.gov

    $250,000 per owner per beneficiary (up to 5 beneficiaries) 

Corporation, Partnership, and Unincorporated Association Accounts

  • NCUA.gov

    $250,000 per corporation, partnership or unincorporated association

  • FDIC.gov

    $250,000 per corporation, partnership or unincorporated association

Government Accounts

  • NCUA.gov

    $250,000 per official custodian

  • FDIC.gov

    $250,000 per official custodian

More information about Share Accounts

Sound savings, money market, checking, IRA and certificate accounts are insured by the National Credit Union Administration (NCUA) up to $250,000. Additional coverage may be available based on account structure and number of owners on accounts. For more information, visit the NCUA website and this share insurance estimator tool.

Only a Savings or Certificate account can be used for a share or certificate Secured loan. IRA, Checking, and Money Market accounts cannot be used.

Unlike a regular savings account, a share certificate typically offers a higher interest rate in exchange for locking in your money for a fixed term.