National Credit Union Share Insurance Fund (NCUSIF)

Definition of "National Credit Union Share Insurance Fund (NCUSIF)"
  1. A federal fund insured by the U.S. government, similar to FDIC for banks, providing deposit insurance for credit unions
How to use "National Credit Union Share Insurance Fund (NCUSIF)" in a sentence
  1. The deposits in the credit union were protected by the National Credit Union Share Insurance Fund (NCUSIF).
  2. The failure of the credit union had no effect on its members as the National Credit Union Share Insurance Fund (NCUSIF) insured their deposits.
  3. Due to the backing of the National Credit Union Share Insurance Fund (NCUSIF), members were assured about the safety of their deposits.
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