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This provides deposit insurance for credit unions in much the same way as the FDIC provides insurance for banks. Look for the NCUA logo at your credit union's teller stations. The standard maximum limit is $250,000 per individual account holder, per federally insured credit union. (To check on whether your credit union accounts are fully covered, use NCUSIF's coverage estimator at http://webapps.ncua.gov/ins.)
Total Credit Limit Your credit limit is the maximum amount you can charge to your credit card account. Your credit limit is determined during the application approval process, and is based on your credit history and your current income. We will provide you the highest credit limit for which you qualify.