As a member of Industrial Credit Union, your funds are insured to at least $250,000 by the National Credit Union Administration (NCUA).
The NCUA is the independent federal agency that charters and supervises credit unions throughout the United States and its territories.
NCUA administers the National Credit Union Share Insurance Fund (NCUSIF). Backed by the full faith and credit of the United States government, the NCUSIF insures member accounts in all federal credit unions and a substantial majority of state-chartered credit unions.
Learn more about the NCUA.
In certain cases, your funds at the credit union may be insured up to a maximum of $1,250,000. To estimate your specific scenario amount of insured funds, click here.