Sign up to the What Hi-Fi? newsletter now to receive our latest news, reviews and offers straight to your inbox!
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.)
Pennsylvania Credit Unions. 1  There are 403 credit unions with headquarters in Pennsylvania providing banking services from more than 950 branch office locations as of March 2017. Pennsylvania credit unions have a total of 3.95 Million members with over $44 Billion assets. The largest credit union in Pennsylvania is PSECU with 426,084 members and $4.81 Billion in assets. The newest Pennsylvania credit union is New Life Federal Credit Union, which opened in 2003.