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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.)
Individual accounts: For starters, share-insurance limits are per credit union and not per branch. If your shares in one or more account in one credit union total less than $250,000, they are all insured. Insurance limits increase and get more complicated when you consider joint accounts, retirement accounts and trusts.