What is the Standard Maximum Share Insurance Amount (SMSIA) for NCUSIF share insurance coverage?
The SMSIA for a credit union member is defined in NCUA s Rules and Regulations, as $250,000. Share accounts maintained in different rights or capacities, or forms of ownership, may each be separately insured up to the $250,000 SMSIA, or in the case of certain retirement accounts, up to $250,000. Thus, a member may hold or have an interest in more than one separately insured share account in the same insured credit union.
