The National Credit Union Administration (NCUA) is the independent federal agency that charters and supervises federal credit unions and state chartered credit unions. NCUA, backed of the full faith and credit of the U.S. government, operates National Credit Union Share Insurance Fund.
At FTCU your savings account, checking account and certificates of deposit are insured up to $250,000. IRA accounts are insured separately up to $250,000.
Important Reminder: No members has lost one cent of NCUA insured funds as a result of credit union failures.
To learn more about the type of accounts and the total amounts that NCUA may insure visit their website: http://www.ncua.gov/ShareInsurance/index.htm