Federal Deposit Insurance

Earn great returns on your savings, and enjoy peace of mind.

At Central Credit Union, you never have to worry about the safety of your deposits. Your deposits are federally insured to at least $250,000 by the National Credit Union Administration (NCUA), a U.S. Government agency. This is the same amount of coverage provided for bank deposits through FDIC-insured banks.

Individual retirement accounts (IRAs) are insured separately for up to $250,000 per person. Insurance limits may be even higher depending on how your accounts are titled.

According to NCUA, “Not one penny of insured savings as ever been lost by a member of a federally insured credit union."