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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.)
Likes (Received) 53. Chase's Maximum Daily ATM Withdrawal Limit Had an interesting conversation with my Chase banker today about maximum daily withdrawal limits. He mentioned that most (if not all) checking accounts have a $500 daily limit, which I'm sure you noticed at the casinos when doing the walk of shame. Prior to this conversation, I thought the highest they can set the limit to was $1,000.