State of Alabama Credit Union Administration

Registration Now Open for NCUA

Share Insurance Webinar on April 13. Please click Registration Now Open for NCUA Share Insurance Webinar (PDF, 103 KB) for more information.

Share Insurance Toolkit for Consumers

Please click MyCreditUnion.gov Share Insurance page.

Credit Unions vs. Banks: What's the Difference?

Please click here: Credit Unions vs. Banks: What’s the Difference?

Statement from NCUA Chairman Todd M. Harper

(March 13, 2023) – The credit union system remains well-capitalized and on a solid footing. The National Credit Union Administration continues to monitor credit union performance through both the examination process and offsite monitoring, and it will continue to do so into the future. Credit unions have access to a wide range of liquidity sources. The NCUA, along with its Central Liquidity Facility (opens new window), is able to provide a back-up source of liquidity to member credit unions as needed. The agency continues to coordinate with the other federal financial institution regulators to ensure the continued resiliency of the American financial services system. As always, the NCUA is committed to the protection of credit union members and the safety and soundness of the credit union system overall. No one has ever lost a single penny of insured share deposits (opens new window) within the credit union system. See NCUA.gov under Features “Share Insurer Estimate” and “Your Money is Safe in Federally Insured Credit Unions.

Links to NCUA YouTube Channel videos _ Share Insurance Explained, Calculator, etc.

NCUA Consumer Report: Share Insurance Overview (YouTube video)

NCUA Consumer Report: Share Insurance Account Ownership Types (1) (YouTube video)

NCUA Consumer Report: Share Insurance Account Ownership Types (2) (YouTube video)

American Share Insurance - Why Your Credit Union's Coverage Matters

American Share Insurance - Primary Share Insurance

American Share Insurance - Excess Share Insurance

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