Your Insured Funds
Your funds are insured up at least to $250,000.00 by the National Credit Union Administration (NCUA). The NCUA is an independent agency of the U.S. Government and is responsible for the management of the National Credit Union Share Insurance Fund (NCUSIF).
Effective April 1, 2006, NCUA insured credit union retirement accounts such as Individual Retirement Accounts (IRA) are insured separately, up to $250,000.00.
Keep in mind , if you have a regular share account and an IRA at the same credit union, the regular share account is insured at least to $250,000 and the IRA is separately insured up to $250,000.
Remember, not one penny of insured savings has ever been lost by a member of a federally insured credit union!
For more information or any questions regarding your funds, please feel free to contact either of our offices during business hours.
|