Is the credit union insured by the Federal Deposit Insurance Corp. (FDIC), like banks and thrifts?

The FDIC provides oversight and insurance for banks and thrifts, while credit unions are insured by the National Credit Union Administration (NCUA). Both institutions insure accounts up to $250,000.

You can learn more about the difference between banks and credit unions by watching our short video:

 

Not a member yet? Join today!

If you want a banking experience that delivers lower home and vehicle loan rates, higher savings and investment rates, and leading-edge Digital Banking access, Stanford Federal Credit Union is the banking choice for you. We’re a member-owned financial cooperative providing personal service along with convenient nationwide access through Co-op shared branches.

Joining is easy! You can open an account online with as little as $5.00. Open your account today!

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