National Credit Union Administration (NCUA)
The NCUA operates the National Credit Union Share Insurance Fund to protect your Horizon Credit Union accounts. This fund federally insures individual accounts up to $250,000, and a member’s interest in all joint accounts combined is insured up to $250,000. The Share Insurance Fund separately protects IRA and KEOGH retirement accounts up to $250,000. The Share insurance Fund has the backing of the full faith and credit of the United States. Credit union members have never lost even a penny of insured savings at a federally insured credit union.