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.
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 ...
offer members access to $10 million of NCUA insurance* through a single account ModernFi CUSO, the first deposit network for credit unions, is pleased to announce that credit unions in the CUSO ...