National Credit Union Share Insurance Fund (NCUSIF)
The credit union’s federal insurance fund receives top marks from deposit insurance experts as the healthiest of the federal financial institution insurance funds. NCUSIF, which the National Credit Union Administraton (NCUA) administers, insures most accounts up to a $250,000.00 federal limit. This $250,000.00 share insurance coverage is now permanent.
For more information about NCUA insurance coverage of transaction accounts, visit http://www.ncua.gov.
For member-owners of ACT 1st Federal Credit Union, this applies to your money on deposit at the Credit Union. If you have any questions, please contact a credit union representative at 301-729-8015.