Savings

Federal Insurance

Your Direct Federal Credit Union accounts are insured by a U.S. federal agency called the National Credit Union Administration (NCUA). This insurance is similar to the deposit insurance protection offered by the Federal Deposit Insurance Corporation (FDIC).

Each account is insured up to $100,000 per account owner. Individual Retirement Account (IRA) funds are separately covered up to $250,000. And funds in a trust account are separately covered up to $100,000. You can increase the insurance on your accounts depending on the types of accounts you have and how your accounts are owned.

For a detailed explanation of your insurance coverage, go to NCUA Account Descriptions. To estimate your insurance coverage, go to NCUA Share Insurance Estimator. Or simply call us for more information at 781.455.6500.