
Federal Insurance
Your money is safe with us.
The Dodd-Frank Wall Street Reform and Consumer Protection Act has made permanent the increased level of share insurance protection of $250,000. This increased insurance amount had been temporary in place until December 31, 2013. Your share insurance protection is now permanently $250,000 on all types of accounts.
In today’s challenging economy, it is important to know that your credit union is stable and secure. As a member, you can rest easy knowing you made a wise decision to put your money somewhere safe.
Your shares are insured just like the deposit insurance protection offered by the Federal Deposit Insurance Corporation (FDIC).
We provide deposit insurance through the National Credit Union Administration (NCUA), a well-respected federal agency backed by the full faith of the Federal Government. No credit union member has ever lost a penny of insured funds in the entire history of NCUA.
We are safe and financially sound.
We are a not-for-profit cooperative which allows us to make the right decisions for the benefit of our members, and the health of our credit union. Our operations are guided by an experienced management team and overseen by a Board of Directors made up of members just like you. We have a solid asset base and a strong loan portfolio. We do not write risky loans or sub-prime mortgages, so we have avoided many of the problems that have plagued the industry.
Your deposits are insured to at least $250,000.
You can get additional insurance coverage on multiple accounts if you have different ownership rights and properly completed forms.
If we can assist you in any way, please call us at 800-268-6928. We’re here to help.