NCUA

The San Francisco Federal Credit Union is a member in good standing with the National Credit Union Administration (NCUA), an independent federal agency that charters and supervises federal credit unions.

Backed by the U.S. government, the NCUA, also operates the National Credit Union Share Insurance Fund (NCUSIF) insuring the savings of 80 million account holders in all federal credit unions, including our own, for up to $250,000 for IRA accounts and up to $250,000 for all other accounts.

If your savings exceed the amount covered by the basic insurance limits, you can extend your NCUA coverage by establishing different types of accounts or additional beneficiaries. To view the latest information regarding NCUSIF coverage, click here. (Note: All San Francisco FCU accounts are considered pay-on-death (POD) accounts if a qualified beneficiary is named as defined by the NCUA.)

To learn more about the NCUA, please visit their web site at www.ncua.gov.

Our “5-Star Superior” Strength and Stability Rating

The NCUA is also responsible for compiling data regarding the financial health of credit unions. This data is used by Bauer Financial, Inc., an independent financial institution analysis firm, that assigns strength and stability ratings for banks and credit unions throughout the country.

San Francisco Federal Credit Union continues to receive a “5-Star Superior” rating for Strength and Stability, the highest rating available. View the latest information regarding our rating here.