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Arrowhead Credit Union
Your Insured Funds
Your deposits are federally insured by the NCUA to at least $250,000 and are backed by the full faith and credit of the U.S. government. In fact, in many cases we are able to assist our members with maximizing their insured funds well beyond $250,000.
As we have for the more then 60 years, we will continue to manage your credit union with prudent decision making and a conservative management approach.
Additional information about your insured funds:
National Credit Union Administration (NCUA)
We can assist you in establishing account relationships in such a way as to maximize your insurance protection.
To learn how you can maximize your insurance coverage, please contact a Member Service Representative at 1.800.743.7228.
For more information, visit Consumer Information section on NCUA's website.
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 unlimited 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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