Is nfcu fdic insured

Navy Federal Credit Union (NFCU) is not FDIC insured because it is a credit union, which means it is insured by the National Credit Union Administration (NCUA). The NCUA provides similar protection for members' deposits, covering up to $250,000 per depositor, per insured credit union, for each account ownership category. This insurance ensures that members' funds are protected just like they would be under FDIC insurance at banks.