I believe the National Credit Union Administration publication "Your Insured Funds" is the best non-legal, non-technical guide to NCUA deposit insurance. I will provide a link at the end of this post, but first a couple of notes:
1. There may be inconsistencies between this publication and other material produced. by the NCUA. After examining other material, and discussions with knowledgeable specialists at the NCUA, I strongly believe that "Your Insured Funds" is more accurate than other NCUA materials
2. In many areas, and especially in these times, there are people who take advantage of other folks' good faith, and who may sound authoritative. Some of those people do so for financial gain; some for political gain; and others just because they get some sort of kick out of preying on people. Do not be taken in by such people, here or elsewhere. Watch out for those who repeatedly post falsehoods, and those who make false accusations against NCUA employees who provide accurate and useful information. Authoritative-sounding pronouncements, especially when combined with outbursts of splenetic fury directed at NCUA employees should not be taken at face value.
Folks -- please be careful out there (and in here); please try to be safe; please protect yourself and others.
alan1
And the link to "Your Insured Funds" is:
https://www.mycreditunion.gov/sites/default/static-files/insured-funds-brochure.pdf
A Spanish version is available at:
https://www.ncua.gov/files/publications/guides-manuals/NCUAYourInsuredFunds%28Spanish%29.pdf