The Emergency Economic Stabilization Act of 2008 signed into law on October 3, 2008 increased the federal deposit insurance coverage from $100,000 to $250,000. This increase is in effect until December 31, 2009.

The National Credit Union Administration (NCUA) is an independent United States government agency that insures the deposits of credit union members nationwide. Managed by the National Credit Union Administration Board, NCUA examines, supervises and insures both federally-chartered and qualifying state-chartered credit unions. Also managed by the NCUA Board, the National Credit Union Share Insurance Fund (NCUSIF) is a component of NCUA and was established by Congress on October 19, 1970 to insure member accounts.

Features
* Up to $250,000 basic insured amount
* Includes funds in share, checking, money market share and share term certificate accounts
* IRAs insured separately up to $250,000
* Health Savings Accounts are insured separately up to $250,000
* No charge for share insurance protection
* Individual accounts with same accountholder totaled and insured up to $250,000
* Joint accounts insured separately from individual accounts up to $250,000

Requests for more information or questions regarding NCUA insurance can be directed www.ncua.gov.