Your Deposits, Federally Insured
Every dollar you deposit at Waypoint is backed by the same federal insurance that protects deposits at credit unions nationwide.
NCUA Share Insurance, Explained
The National Credit Union Administration insures member deposits up to $250,000 per individual depositor, backed by the full faith and credit of the United States government. Across the credit union system, no member has ever lost a penny of insured savings.
$250,000 Per Depositor
Coverage applies per individual depositor, per ownership category, not per account.
Backed by the U.S. Government
NCUA insurance carries the same government backing as FDIC insurance at a bank.
Automatic, No Enrollment Needed
Coverage applies the moment you open an insured account. There's nothing to sign up for separately.
Some Ownership Types Get More Coverage
Joint, retirement, and trust accounts can each carry their own $250,000 in coverage.
What’s Covered
NCUA insurance covers deposit accounts: checking, savings, money market accounts, and certificates. It doesn’t cover investment products.
- Checking, savings, money market, and certificate accounts
- Balances up to $250,000 per depositor, per ownership category
- Not investment products, such as those offered through Waypoint Advisory Group, which carry no NCUA or FDIC coverage
Frequently Asked Questions
Yes. NCUA share insurance and FDIC deposit insurance both carry the same $250,000 coverage backed by the U.S. government.
No. Coverage applies automatically to every insured deposit account you open with Waypoint.
Different ownership categories, like individual, joint, and retirement accounts, are insured separately. Ask a Waypoint representative to review your accounts if your total balances are close to or above $250,000.
Bank With Confidence
Federally insured, always.
However you save with Waypoint, your deposits carry the same federal backing members have counted on for decades.
Important Disclosures
Waypoint Credit Union is federally insured by the National Credit Union Administration (NCUA), a U.S. Government Agency, up to $250,000 per individual depositor.