A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related Brickyard terms
- NCUA InsuranceThe credit union equivalent of FDIC coverage, protecting deposits up to a set limit if an insured credit union fails.
- Checking AccountA bank account built for everyday spending, letting you deposit money and pay for things with a debit card, checks, or transfers.
- Savings AccountA bank account meant for storing money you don't need right away, usually paying a small amount of interest on the balance.
- Online BankA bank that operates entirely over the internet without physical branches, often passing lower costs on as higher rates and fewer fees.
- Out-of-NetworkProviders without a contract with your insurer, which usually means higher costs or no coverage at all.
- Joint AccountA bank account shared by two or more people, where each owner can deposit, withdraw, and manage the money independently.
Turn this into a brick
Knowing what Credit Union means is knowledge — the first half. A brick gets placed when you act on it.
More in Banking
Account NumberAccount ReconciliationACH TransferAPR (Annual Percentage Rate)APY (Annual Percentage Yield)ATM (Automated Teller Machine)
Plain-English education — not personalized legal, tax, or investment advice.