Both protect your deposits, but at different types of institutions The National Credit Union Administration (NCUA) provides federal insurance for deposits at credit unions, while the Federal ...

It operates in a similar way to FDIC, protecting up to $250,000 per credit union member (whether in an individual or a joint account) via the National Credit Union Share Insurance Fund.

The NCUA is very similar to the Federal Deposit Insurance Corporation (FDIC). While the NCUA monitors and insures credit unions, the FDIC works with commercial banks. Both organizations insure ...

Top Joint Bank Accounts 2025 All of the financial institutions on our list are protected by FDIC or NCUA insurance. Money is safe at a federally insured financial institution. When a financial ...

Alternatives to traditional savings accounts might be especially worth considering if you have funds in excess of the amount covered by FDIC insurance (or NCUA insurance, if your money is at a ...

If you want to earn more interest on your savings but keep the same level of protection that a checking or savings account offers, consider moving your deposits to a money market account (MMA).

ModernFi CUSO, the first deposit network for credit unions, is pleased to announce that credit unions in the CUSO network can now provide their members access to $10 million in NCUA insurance* through ...