Your funds are protected at TDECU
TDECU is actively monitoring news about the government shutdown and we know you may have questions and concerns, such as whether it affects the safety of your deposit accounts. We want to assure you the government shutdown has no effect on the National Credit Union Administration (NCUA) deposit insurance that protects your TDECU funds – and your Member deposits are safe.
As an independent federal agency, the NCUA regulates, charters, and supervises credit unions; it also operates and manages the National Credit Union Share Insurance Fund, which protects credit union accountholder deposits. Because NCUA operations are not funded through congressional budget appropriations, the NCUA will continue to operate business as usual through any government shutdown, just like TDECU will.
That means your individual TDECU deposits will continue to be protected up to $250,000 during and after any government shutdown.