NCUA
Equal Housing Lender
We do business in accordance to Federal Fair Housing Law and the Equal Housing Opportunity Act.
National Credit Union Share Insurance Fund
We do business in accordance to Federal Fair Housing Law and the Equal Housing Opportunity Act.
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.