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As a member of Public Service Credit Union, you can be certain that your money is safe, secure and protected by our high standards and by the National Credit Union Association's (NCUA) National Credit Union Share Insurance Fund, which is backed by the full faith and credit of the United States Government.
Your share insurance is similar to the deposit insurance protection offered by the Federal Deposit Insurance Corporation (FDIC). Share accounts, including
Savings Accounts,
Certificates of Deposit (CDs), Individual Retirement Accounts (IRAs), Money Market Accounts (MMAs), and Health Savings Accounts (HSAs), for instance, are insured up to $250,000*.
If you need additional coverage, or if you have any questions about the security of your accounts, we will work individually with you to ensure you feel comfortable that your deposits are safe and sound.
Not one penny of insured savings has ever been lost by a member of a federally insured
credit union.
Click here for more examples about insurance coverage and ownership from the National Credit Union Administration.
*Effective October 3, 2008. The Emergency Economic Stabilization Act of 2008 increased the insurance coverage on all accounts up to $250,000 until December 31, 2009.
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