Your savings is federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.
The National Credit Union Administration (NCUA) is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country through the National Credit Union Share Insurance Fund (NCUSIF), a federal fund backed by the full faith and credit of the United States government.
When you deposit your money into Gesa Credit Union, it's protected against loss up to at least $250,000 by the NCUA. The insurance is to protect members from the loss of their principal deposit up to $250,000 in the case of a failure or serious financial impairment of the financial institution. To estimate your share insurance, click here.
For more information, visit the NCUA on the web.
Termination of Temporary NCUA Insurance Coverage for Transaction Accounts
Effective January 1, 2013, the NCUA ceased its temporary program of unlimited insurance for all funds in "noninterest-bearing transaction accounts." All of your savings at Gesa Credit Union continues to be federally insured by the NCUA to at least $250,000 and is backed by the full faith and credit of the United States Government.