Your hard-earned money is safe with Members Cooperative Credit Union. We’re federally insured by the National Credit Union Share Insurance Fund (NCUSIF), which means your deposits are insured up to at least $250,000, just like at a traditional bank. The difference is that our coverage is called share insurance and is provided directly by the NCUSIF, administered by the National Credit Union Administration (NCUA) and backed by the full faith and credit of the U.S. government.
All types of share accounts and deposits received at Members Cooperative Credit Union are insured, including:
- Money markets
- Trust accounts
Note: Safe deposit boxes aren’t insured.