Each member's deposits in Statewide FCU are insured against loss by the National Credit Union Administration (NCUA) up to $250,000.00. NCUA is the federal regulator for all federally insured credit unions, and, as such, performs annual regulatory examinations of all these organizations. Each credit union's deposits are backed by the full faith and confidence of the U.S. Government.
Additional funds may be insured under the NCUA, depending on the ownership of the accounts and other factors. To find out more about how to structure accounts to receive this coverage, click here.