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Deposit Insurance to $250,000 Extended through 2013
On May 20, 2009, a bill was signed into law that extends the increased NCUA/NCUSIF share insurance limit of $250,000 until 2013.
The NCUA is the credit union equivalent to the FDIC, and the NCUA administers the NCUSIF (National Credit Union Share Insurance Fund). The NCUSIF provides the same insured coverage on deposits to credit union members as the FDIC provides to bank customers.
Credit Unions remain a safe, secure place to invest your funds. Federally insured credit unions, like Wings Financial, offer the same insurance protections as the FDIC on deposits to $250,000.
To learn more about the NCUA and the NCUSIF, visit the NCUA Web site:
Or, credit union members may call the NCUA Call Center:
Call: 1 800 755-1030, ext. 1 (8 am - 6:30 pm, EDT, M-F)
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