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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.)
People First Federal Credit Union complies with the Federal Reserve Bankâs Regulation D. This Regulation limits the number of. transactions you can make from your share accounts each month. Share accounts include regular Savings (S1), Holiday (S2), Vacation (S3), Special (S6), and Money Market (S7) accounts.