Your Funds are NCUA Insured

Funds deposited with St. Joseph’s Federal Credit Union are federally insured by the National Credit Union Administration (NCUA). Your deposits are insured up to at least $250,000 per individual depositor. Deposits in Individual Retirement Accounts (IRAs) are insured separately up to a maximum of $250,000. Corporation/Partnership/Unincorporated Association Accounts are insured up to a maximum of $250,000.

A Corporation is an incorporated business that includes both for-profit and not-for-profit entities. LLCs and Subchapter S businesses are also considered corporations. A Partnership is an association of two or more persons or entities formed to carry on, as co-owners, an unincorporated business. Organizations include any association of two or more persons created for some religious, educational, charitable, social or other non-commercial purpose.

Personal accounts are shares held by individuals, including:

  • Single Accounts — one owner, no beneficiaries
  • Joint Accounts — two or more owners, no beneficiaries
  • POD/ITF Accounts — one or more owners, with named beneficiaries
  • Living Trust Accounts — held pursuant to a formal revocable trust
  • IRAs — Individual Retirement Accounts

Personal accounts also include shares held in the name of a sole proprietorship.

Credit unions that are federally insured by the NCUA offer a safe place for you to save your money, with deposits insured up to $250,000 per individual depositor. For more information about NCUA Share Insurance Coverage, visit

Thank you for your membership and trust in St. Joseph’s Federal Credit Union.