What is the difference between NCUA and FDIC insurance?

The National Credit Union Administration is the independent federal agency created by the United States Congress to regulate, charter, and supervise federal credit unions. The NCUA operates the National Credit Union Share Insurance Fund (NCUSIF) to protect accounts at federally insured credit unions (like URW). The NCUA’s share insurance coverage is similar to the deposit insurance coverage offered by the Federal Deposit Insurance Corporation (FDIC), which insures bank deposits. For more details and to learn more about NCUA share insurance, visit www.ncua.gov.