Key takeaways The NCUA (National Credit Union Administration) insures credit union deposits up to $250,000 per depositor, per institution, per ownership category. NCUA insurance provides the same protection as FDIC insurance at banks. Both are backed by the full faith and credit of the U.S. government. Joint accounts receive $250,000 coverage per owner, meaning a married couple’s joint account is insured up to $500,000. New trust account rules take effect December 1, 2026, simplifying coverage with ...