Doubly Insured

Your deposits at Sierra Pacific Federal Credit Union are insured by both the National Credit Union Administration (NCUA), a government agency,  and by Excess Share Insurance, a private insurer.

Altogether, members have up to $500,000 of share insurance per member-owner, per ownership type–twice the industry standard. 

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government

NCUA Insurance

The National Credit Union Administration insures up to $250,000 of each member’s individual deposits. It also insures up to $250,000 each for retirement, trust, and joint accounts. Learn more about your NCUA insured deposits with these resources:

The NCUA is the U.S. Governmental agency which regulates federally chartered credit unions. The National Credit Union Share Insurance Fund is backed by the full faith and credit of the United States Government. Learn more about the NCUA here. 

Excess Share Insurance

Accounts exceeding the maximum level of coverage provided by NCUA are also insured up to an additional $250,000 by Excess Share Insurance (ESI), a private insurer. Sierra Pacific provides this coverage to all eligible accounts at no cost to the member.

Deposit Insurance FAQs


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Sierra Pacific Federal Credit Union