US Patriot Act

US Patriot Act

uspatriotactYou Can Help Us in the War on Terrorism 
The USA Patriot Act requires credit unions to take extra security precautions to help the government fight the funding of terrorism and money laundering activities.  Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.  These new procedures are designed to prevent crimes, such as identity theft and account fraud that terrorists commit to finance their operations against the U.S. and its citizens.

When an account is opened or changes, you will be asked for your name, address, date of birth, and other information that will allow us to identify you.  We may also ask to see your driver’s license or other identifying government issued documents.  The definition of an account covers a broad range of regular financial transactions such as deposit, transaction, asset, or credit accounts or other extension of credit.  The required verification may be inconvenient for some but a strong deterrent for terrorists and other criminals.

You can rest assured that we will only request the information required by law…and that we will use the information only for purposes of complying with the law.  Your privacy is our top concern, and we will respect and protect it as always, consistent with the law’s requirements.

Thanks for your understanding and help in the critical effort.  The war on terrorism will be fought on many fronts, and this is one of them.

NCUA

NCUA_2013_269x126National Credit Union
Share Insurance Fund

County Federal is safe and sound, and your funds are protected.

The safety of our Members’ accounts and the financial strength of your credit union are a top priority for County Federal.

All County Federal Members’ deposits are federally insured by the National Credit Union Share Insurance Fund (NCUSIF), a division of the National Credit Union Administration (NCUA), which is the federal regulator for credit unions.

The NCUSIF is the strongest deposit insurance available, backed by the full faith and credit of the United States Government. Not a single penny of insured savings has ever been lost by a Member of a federally insured credit union.

Established by Congress in 1970 to insure Member share accounts at federally insured credit unions, the NCUSIF is managed by the NCUA and is similar to the deposit insurance protection offered for federally insured banks by the Federal Deposit Insurance Corporation (FDIC).

Properly established share accounts in federally insured credit unions are insured up to at least $250,000. Recent legislation has increased the insurance coverage on certain retirement accounts, such as IRAs and Keoghs, up to $250,000. Generally, if a credit union Member has more than one account in the same credit union, those accounts are added together and insured in the aggregate. You can maximize your federal insurance coverage based on the structuring of your accounts.

You can learn more about NCUA/NCUSIF insurance, including a useful Share Insurance Estimator, by visiting www.ncua.gov. The NCUA Insurance Call Center, at (800) 755-1030, ext. 1, operates from 8 a.m.-6:30 p.m. Eastern time, Monday through Friday. Experts are available to answer questions about NCUSIF coverage.

Privacy Policy

PrivacyPolicy2013_2

Equal Housing Lender

Equal_Housing_Lender_Logo_66x75Equal Housing Lender

We do business in accordance to Federal Fair Housing Law and the Equal Housing Opportunity Act.