H ow Y our F unds are I nsured Federally insured credit unions offer a safe place for credit union members to save money!
NCUA - National Credit Union Administration All deposits at federally insured credit unions are protected by the National Credit Union Share Insurance Fund, with deposits insured up to at least $250,000 per individual depositor. Credit Union members have never lost a penny of insured savings at a federally insured credit union. Additional information on NCUA Share Insurance Coverage is available at www.MyCreditUnion.gov ESI - Excess Share Insurance At Atomic Credit Union, accounts exceeding the maximum level of coverage provided by NCUA are also insured up to an additional $500,000 by ESI. All savings, checking, and certificate of deposit accounts held by the same member are added together and insured up to $250,000 by NCUA and an additional $500,000 by ESI, for a total of $750,000. Joint accounts and IRA accounts are insured separately, but also have $250,000 of coverage by NCUA, and $500,000 of coverage by ESI, for a total of $750,000.
Coverage Per Member with Excess Insurance Example Only
ACCOUNT TYPE Individual
NCUA COVERAGE $250,000 $250,000 $250,000
ESI COVERAGE $500,000 $500,000 $500,000
TOTAL INSURED $750,000 $750,000 $750,000
Joint
IRA
Equal Housing Opportunity Lender Under the Fair Housing Act, it is illegal on the basis of race, color, national origin, religion, sex, handicap, or familial status (having children under the age of 18) to: Deny a loan for the purpose of purchasing, construction, improving, repairing or maintaining a dwelling, or deny any loan secured by a dwelling; or Discriminate in fixing the amount, interest rate, duration, application procedures or other terms or conditions of such a loan, or in appraising property. If you believe you have been discriminated against, you should send a complaint to:
Assistant Secretary for Fair Housing and Equal Opportunity Dept. of Housing & Urban Development Washington, DC 20410
For processing under the Federal Fair Housing Act to:
National Credit Union Administration Office of Examination and Insurance 1775 Duke Street Alexandria, VA 22314-3428
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