Yes! Your funds are safe and insured.
FAST Federal Credit Union is strong, safe and healthy as evidenced by being in the top 1% of Healthiest Credit Unions in the Nation.* We offer a safe place for you to save your money, with deposits insured up to at least $250,000 per individual depositor. The National Credit Union Administration (NCUA) is the independent agency administering the NCUSIF, which is a federal insurance fund backed by the full faith and credit of the United States government. What FDIC is for banks, NCUSIF is for credit unions.
The Share Insurance Fund insures individual accounts up to $250,000, and a member’s interest in all joint accounts combined is insured up to $250,000. Credit union members have never lost even a penny of insured savings at a federally insured credit union. Visit NCUA for more information.