Aren't You Glad You're a
Meijer Credit Union Member!?!
Federally Backed Security:
Your deposits at MCU are insured by the National Credit Union Share Insurance Fund (NCUSIF) administered by the National Credit Union Adminstration (NCUA). The NCUSIF, like the FDIC's Deposit Insurance Fund, is a federal insurance fund backed by the full faith and credit of the United States Governmnent. Your funds are safely insured to at least $250,000 by NCUA. There has NEVER been a loss to any member of an insured credit union.
Notice of changes in temporary NCUA insurance coverage for transactions 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
ADDITIONAL RESOURCES
- NCUA Share Insurance Estimator
- Your Insured Funds
- How Your Accounts Are Federally Insured
- NCUA Insurance FAQ sheet
Safe & Strong through Troubled Times:
- We do NOT subprime mortgage lending or mortgage backed investments.
- We are well-capitalized and financially strong.
- We were awarded the Bauer 5-Star rating for financial stability; the highest rating available.
Click above for MCU Financials
