All Texas Tech Credit Union branches will be closed on Monday, October 12th in observance of Columbus Day.

Texas Tech Credit Union
Texas Tech Credit Union team members at work in the office

NCUA Insurance

Your money deserves federal protection.
And a great credit union.

As a federally insured credit union, your money at Texas Tech Credit Union is protected by the full faith and credit of the U.S. government.

What federal deposit insurance actually protects.

At least $250,000 per depositor

Each account ownership category receives separate protection, so your coverage can extend well beyond $250,000.

No member has ever lost a penny.*

Since the NCUA was established in 1970, no credit union member has ever lost a penny of insured savings. That's over 50 years of unbroken protection.

Backed by the U.S. government.

The NCUA is an independent federal agency created by Congress. Your deposits aren't just insured — they're federally guaranteed.

Covers many account types.

NCUA insurance covers checking accounts, savings accounts, CDs, and Money Market Accounts.

NCUA vs. FDIC: what's the difference?

Whether you bank at a credit union or a traditional bank, federal protection works the same way.

NCUA

Coverage per ownership category

$250,000

Backed by

U.S. Government

Accounts Covered

Checking, savings, Money Market Accounts, CDs, IRAs

Who it protects

Credit Union Members

Automatic enrollment

Yes

FDIC

Coverage per ownership category

$250,000

Backed by

U.S. Government

Accounts Covered

Checking, savings, Money Market Accounts, CDs, IRAs

Who it protects

Bank Customers

Automatic enrollment

Yes

* Federally insured by the National Credit Union Administration (NCUA). Insurance applies to deposits to at least $250,000. NCUA insurance covers share savings, checking, money market, certificate, and IRA accounts. It does not cover investments such as stocks, bonds, mutual funds, annuities, crypto assets, or the contents of safe deposit boxes.

Wondering if Your Credit Union Offers the Same Protection?

Use the NCUA's official tool to see if your current credit union is backed by the U.S. government.

Research a Credit Union
Texas Tech Credit Union branch exterior

Local banking, backed by federal protection.

At Texas Tech Credit Union, you're more than a customer. You're a member, and that means your needs always come first. As a not-for-profit, member-owned credit union with deep roots in the Texas Tech community, we're built to serve you — not shareholders. Your deposits are federally insured by the NCUA, giving you the peace of mind that comes with banking at a federally protected institution.

Find out how much of your money is protected

Use the official NCUA insurance estimator to calculate exactly how much of your deposits are protected across checking, savings, CDs, and more.