As not-for-profit financial cooperatives, credit unions' first priority is the people they serve. Recent bank failures have no connection to credit unions, but do emphasize the credit union difference:
- Credit union deposits are insured, safe and secure.
- Deposits are insured up to $250,000 per individual depositor – the same level as any federally insured financial institution.
- Credit union members have never lost a penny of insured savings at an insured credit union.
- Learn more about the credit union difference at YourMoneyFurther.com
- Visit MyCreditUnion.gov for more information about the National Credit Union Share Insurance Fund coverage for consumers.
