MWD Federal Credit Union members' funds are insured by the National Credit Union Administration (NCUA), an agency of the federal government. The NCUA charters and supervises federal credit unions. The NCUA administers the National Credit Union Share Insurance Fund (NCUSIF) to insure credit union Members' deposits. No federal tax dollars have ever been placed in the credit union financial fund, and no member has ever lost money insured by the NCUSIF. See more details on the NCUA website.
Your accounts are federally insured to at least $250,000. This means that your funds are backed by and have the full faith and credit of the US government, up to the standard share insurance limit. So you can rest easy knowing your funds are safe at your credit union. Individual Retirement Accounts (IRAs) are insured separately up to $250,000.