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Federally Insured by NCUA

Federally Insured by NCUAYour savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government by the National Credit Union Administration (NCUA), a U.S. Government Agency.

Your federally insured deposit accounts, such as individual and joint accounts and revocable trust accounts, are insured by the NCUA up to $250,000.  The NCUA insures Individual Retirement Accounts (IRAs) up to $250,000.

Do you have questions or concerns regarding your deposit insurance?  Click here for helpful information.

Notice of Changes in Temporary NCUA Insurance Coverage for Transaction Accounts

All funds in a "noninterest-bearing transaction account" are insured in full by the National Credit Union Administration through December 31, 2012.  This temporary coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA's general share insurance rules.

The term "noninterest-bearing transaction account" includes a traditional share draft account (or demand deposit account) on which the insured credit union pays no interest or dividend.  It does not include any transaction account that may earn interest or dividends, a negotiable order of withdrawal ("NOW") account, money-market deposit account, and Interest on Lawyers Trust Account ("IOLTA"), even if share drafts may be drawn on the account.

For more information about temporary NCUA insurance coverage of transaction accounts, visit www.ncua.gov.

 

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