NCUA Share Insurance Overview

At Signal Financial Federal Credit Union, we know that your money is important to you. Rest assured that there is no safer place for your money than a federally insured credit union. All of our members’ deposits are federally insured by the National Credit Union Share Insurance Fund (NCUSIF), a division of the National Credit Union Administration (NCUA), which is the federal regulator for credit unions.


  • The balances in your individual savings, certificate and checking accounts are insured up to $250,000
  • Joint ownership can expand the overall insurance coverage. The combined balances in joint accounts are insured separately from individual accounts for up to $250,000 per name on the account. (Example: If joint accounts total $500,000 and there are two owners on the account(s), each owner is insured for $250,000.)
  • The funds in your IRA are insured up to $250,000.
  • Business accounts are insured up to $250,000.
  • Trust Accounts, depending upon their type, may be insured separately from any other accounts held by the trustee and provide up to $250,000 for each beneficiary per trustee. Each trust relationship must be evaluated individually to determine the appropriate insurance coverage.

The table below outlines how you can maximize your share insurance at Signal Financial Federal Credit Union.

Coverage to
$250,000
Coverage to
$500,000
Coverage to
$750,000
Coverage to
$1,000,000
Coverage to
$2,000,000
Individual
$250,000
Individual
$250,000
Individual
$250,000
Individual
$250,000
Individual
$250,000
Joint Owner
$250,000
Joint Owner
$250,000
Joint Owner
$250,000
Joint Owner
$250,000
IRA Account
$250,000
IRA Account
$250,000
IRA Account
$250,000
Trust Account
$250,000
(1 Qualifying
Beneficiary)
Trust Account
$1,250,000
(5 Qualifying
Beneficiaries)

NCUA Share Insurance Estimator

NCUA has a Share Insurance Estimator on its website to help members better understand the protection offered by the NCUSIF. This interactive site allows users to input hypothetical data to compute the amount of NCUSIF coverage available under different account structure scenarios.