Sign up to the What Hi-Fi? newsletter now to receive our latest news, reviews and offers straight to your inbox!
This provides deposit insurance for credit unions in much the same way as the FDIC provides insurance for banks. Look for the NCUA logo at your credit union's teller stations. The standard maximum limit is $250,000 per individual account holder, per federally insured credit union. (To check on whether your credit union accounts are fully covered, use NCUSIF's coverage estimator at http://webapps.ncua.gov/ins.)
Our mission is to provide our members with superior personal service, highly competitive loan rates and terms, great returns on investments, and lower fees. Financial Benefits Credit Union'ss member share accounts are each insured to $250,000.00 by the National Credit Union Share Insurance Fund (NCUSIF) an agency of the US Government. The NCUSIF is fully funded and capitalized at the maximum level required by Federal Law.