Why aren’t credit unions insured by the Federal Deposit Insurance Corp. (FDIC), like banks and thrifts?

Astera Credit Union is insured by the National Credit Union Administration (NCUA), a U.S. Government Agency. This is an independent agency that regulates charters and insures the nation’s credit unions. Funds on deposit are insured up to $250,000. Learn more about the NCUA by clicking here.