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This provides deposit insurance for credit unions in much the same way as the FDIC provides insurance for banks. Look for the NCUA logo at your credit union's teller stations. The standard maximum limit is $250,000 per individual account holder, per federally insured credit union. (To check on whether your credit union accounts are fully covered, use NCUSIF's coverage estimator at http://webapps.ncua.gov/ins.)
Justice Federal Credit Union is offering two of the top CD rates on its 1-year CDs and IRA CDs. 2.00% APY for a $500 minimum and 2.10% APY for a $100,000 minimum. These rates are currently listed in the credit unionâs deposit rates page.