No! Sierra is still the same credit union, run by your leadership team out of Reno, NV. We updated Sierra’s look and voice in our 2023 rebrand, but remain the same, unmerged credit union.
Did Sierra Pacific merge?
Is NCUA insurance per account, or per member?
NCUA deposit insurance covers up to $250,000 per member and ownership type. Individual accounts (savings, checking, money market) are covered for up to $250,000 per member Joint accounts (savings, checking, money market) are covered for up to $250,000 per owner – so an account with $500,000 and two joint owners would be fully insured by […]
What are the NCUA Deposit Insurance Ownership Types?
Sierra is federally insured by the NCUA, which means member deposits are insured for up to $250,000 per member per account ownership type. We also offer Excess Share Insurance, which covers an additional $250,000 on the same guidelines, bringing the total to $500,000 per member and ownership type. So what are the ownership types? This […]