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 […]
What are the NCUA Deposit Insurance Ownership Types?
Are my deposits insured?
Yes, your deposits at Sierra Pacific FCU are federally insured by the National Credit Union Administration (NCUA) up to $250,000 per member per ownership type. In addition, Sierra provides up to $250,000 of excess insurance for accounts that surpass the NCUA insurance limit. In total, deposits are insured for up to $500,000 per member, per […]