Book Appointment
Welcome to St. Anne's Credit Union

Online Banking

Log In

Error, press "Log In" to continue.

Log In

Error, press "Log In" to continue.

My Loan
for a Loan

Deposit Insurance


St. Anne's Credit Union guarantees the safety and security of its members' deposits. All deposits made at the Credit Union are fully insured by the National Credit Union Association (NCUA) up to $250,000. This includes the principal amount and any accrued dividends up to the insurance limit. If your deposit exceeds $250,000, the Massachusetts Credit Union Share Insurance Corporation (MSIC) will provide additional insurance coverage with no limits.

What is the difference between the Federal Deposit Insurance Corporation (FDIC) and the NCUA?

The NCUA regulates credit unions and insures deposits made at credit unions; the FDIC does the same for banks.

Do I need to change the titling of my accounts if my total deposits exceed $250,000?

It is possible that you may need to change the categorization of your accounts to ensure that they are all insured if your total deposit exceeds $250,000. However, it is important to note that St. Anne's offers both NCUA and MSIC insurance, ensuring that all deposits are fully insured up to 100%.

Is there a cost for NCUA or MSIC insurance?

No. It is just one of the benefits we offer by banking with us.

Is every account eligible for deposit insurance?



Checking Accounts/Share Drafts/Money Market Funds  Treasury Bills and Bonds
Negotiable Order of Withdrawal (NOW)/Checking Account Life Insurance and Bonds

Savings Accounts/Share Accounts 


Certificates of Deposit (CDs)/Time Deposits

Mutual Funds

Money Orders, Cashier's Checks & Other Official Items Issued by a Bank

Please refer to the table below regarding NCUA coverage limits but be reminded that MSIC deposit insurance covers deposits that exceed NCUA coverage limits, and there are no limits on the coverage provided.



Single ownership accounts (owned by one person)   $250,000 per owner

 Joint ownership accounts (owner by two or more persons)

 $250,000 per co-owner

Certain retirement accounts (e.g., traditional IRAs, Roth IRAs, 401k plans, KEOGH plans)

$250,000 per owner

Revocable Trust Accounts (e.g., Living/Family Trust accounts, Payable on Death (POD) accounts, In Trust For (ITF) accounts) $250,000 per owner, per Unique Beneficiary
Corporation/Partnership/Unincorporated Association Accounts $250,000 per Corporation/Partnership/Unincorporated Association
Irrevocable Trust Accounts $250,000 for the Non-contingent Interest of Each Unique Beneficiary
Employee Benefit Plan Accounts $250,000 for the Non-contingent Interest of Each Plan Participant
Government Accounts (accounts owned by federal, state, local or Indian tribe governments) $250,000 per Official Custodian

If you have questions related to your specific coverage, please contact us or visit the below links to verify or estimate your coverage.



Download our free mobile app

Available on apple and android devices

app-store-button     google-play-button

Login Pay My Loan Apply for a Loan Videos Rates Locations and Hours Contact Us Local Weather Top
Open Toolbar
  1. I Want To
    1. Bank with St. Anne's Credit Union
    2. Pay My Loan
    3. Change My Address
    4. Apply for a Loan
    5. Bank by Telephone
    6. Bank by Text Message
    7. Replace/Report Lost or Stolen Debit Card
    8. Enroll in Mobile Banking
    9. Enroll in Online Banking
    10. Reorder Checks
    11. Sign Up/Log In To Estatements
    12. Find out about St. Anne's Credit Union
  2. Products & Services
    1. Personal Banking
      1. Checking
      2. Savings
      3. Loans
        1. Home Equity Loans
        2. Auto Loans
        3. Personal Loans
      4. Mortgages
      5. Rates
      6. Online Services
      7. Other Services
    2. Business Banking
      1. Checking
      2. Savings
      3. Loans
      4. Convenience Services
  3. Benefits & Support
    1. Contact Us
    2. Calculators
    3. Community Investment
    4. Scholarships
    5. Security Center
  4. Learning
    1. Why Choose St. Anne's Credit Union?
    2. Blog
    3. Free Seminars/Events