Facebook High rate federally insured savings Boston, Ma | NCUA insurance |

NCUA Insurance

Federally backed deposits to protect your piece of mind

Want the best of both worlds? How about secure savings that are federally backed and locally serviced? With Direct Federal, any savings account that you choose is federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.*

  • Each savings account is insured up to $250,000 per account owner
  • Individual Retirement Account (IRA) funds are separately covered up to $250,000
  • Funds in a trust account are separately covered up to $250,000


Plus, you have the ability to 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 Is my money safe in a credit union? Or to estimate your insurance coverage, go to NCUA Share Insurance Estimator.

*This deposit insurance protection is offered by the National Credit Union Administration (NCUA) and is similar to the deposit insurance protection offered by the Federal Deposit Insurance Corporation (FDIC). Questions? Simply call the NCUA Insurance Call Center at 800.755.1030, ext. 1; or call Direct Federal at 781.455.6500.